The Tip Desk

Camping World Holdings, Inc.

Company Stats

Market Cap
$518.5M
as of Sep 30, 2026
Enterprise Value
$1.8B
Shares Outstanding
103.3M
Free Float
61.5%

Income Statement

Revenue
$6.4B
Operating Income
$180.2M
Net Income
-$89.8M
EBITDA
$275.5M
Non-cash Impairment
$1.2M
Revenue Growth, 3Y
-2.9%
FCF Margin, 3Y Avg
2.2%
FCF Margin, Worst Year
-2.3%

Cash Flow

Free Cash Flow
-$147.2M
FCF Yield
-28.4%
Owner FCF Yield
-36.9%

Balance Sheet

Cash & Equivalents
$215.0M
Total Debt
$1.5B
Net Debt
$1.3B
Net Debt / EBITDA
4.60x
EV / EBITDA
6.48x
Net Debt / EBIT
7.04x

Returns & Capital

Dividends Paid
$31.4M
Dividend Yield
6.1%
SBC, 3Y Avg
$30.0M

Cash Flow by Year

YearRevenueFCFMargin
FY2025$6.4B-$147.2M-2.3%
FY2024$6.1B$237.0M3.9%
FY2023$6.2B$305.0M4.9%
FY2022$7.0B-$20.8M-0.3%
FY2021$6.9B-$93.8M-1.4%

Annual filing data through FY ended December 31, 2025; shares and float as of October 13, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Earnings

Other Coverage