Auto - Recreational Vehicles
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WGO vs CWH
Revenue, margins, valuation, and 5-year total return — side by side.
Auto - Dealerships
WGO vs CWH — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Auto - Recreational Vehicles | Auto - Dealerships |
| Market Cap | $902M | $501M |
| Revenue (TTM) | $2.88B | $6.31B |
| Net Income (TTM) | $36M | $-94M |
| Gross Margin | 13.1% | 29.3% |
| Operating Margin | 2.5% | 2.8% |
| Forward P/E | 13.7x | 11.7x |
| Total Debt | $595M | $2.67B |
| Cash & Equiv. | $174M | $215M |
WGO vs CWH — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Winnebago Industrie… (WGO) | 100 | 58.7 | -41.3% |
| Camping World Holdi… (CWH) | 100 | 37.3 | -62.7% |
Price return only. Dividends and distributions are not included.
Quick Verdict: WGO vs CWH
Each card shows where this stock fits in a portfolio — not just who wins on paper.
WGO carries the broadest edge in this set and is the clearest fit for income & stability and long-term compounding.
- Dividend streak 7 yrs, beta 1.15, yield 4.3%
- 92.8% 10Y total return vs CWH's -20.5%
- Lower volatility, beta 1.15, Low D/E 48.6%, current ratio 2.42x
CWH is the clearest fit if your priority is growth exposure.
- Rev growth 4.4%, EPS growth -78.8%, 3Y rev CAGR -2.9%
- 4.4% revenue growth vs WGO's -5.9%
- Lower P/E (11.7x vs 13.7x)
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 4.4% revenue growth vs WGO's -5.9% | |
| Value | Lower P/E (11.7x vs 13.7x) | |
| Quality / Margins | 1.3% margin vs CWH's -1.5% | |
| Stability / Safety | Beta 1.15 vs CWH's 2.35, lower leverage | |
| Dividends | 4.3% yield, 7-year raise streak, vs CWH's 6.4% | |
| Momentum (1Y) | +3.3% vs CWH's -40.5% | |
| Efficiency (ROA) | 1.7% ROA vs CWH's -1.8%, ROIC 2.6% vs 4.0% |
WGO vs CWH — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
WGO vs CWH — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
WGO leads this category, winning 4 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
CWH is the larger business by revenue, generating $6.3B annually — 2.2x WGO's $2.9B. Profitability is closely matched — net margins range from 1.3% (WGO) to -1.5% (CWH). On growth, WGO holds the edge at +12.3% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $2.9B | $6.3B |
| EBITDAEarnings before interest/tax | $132M | $274M |
| Net IncomeAfter-tax profit | $36M | -$94M |
| Free Cash FlowCash after capex | $136M | -$156M |
| Gross MarginGross profit ÷ Revenue | +13.1% | +29.3% |
| Operating MarginEBIT ÷ Revenue | +2.5% | +2.8% |
| Net MarginNet income ÷ Revenue | +1.3% | -1.5% |
| FCF MarginFCF ÷ Revenue | +4.7% | -2.5% |
| Rev. Growth (YoY)Latest quarter vs prior year | +12.3% | -4.2% |
| EPS Growth (YoY)Latest quarter vs prior year | +2.1% | -23.8% |
Valuation Metrics
CWH leads this category, winning 4 of 5 comparable metrics.
Valuation Metrics
On an enterprise value basis, CWH's 10.8x EV/EBITDA is more attractive than WGO's 13.8x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $902M | $501M |
| Enterprise ValueMkt cap + debt − cash | $1.3B | $3.0B |
| Trailing P/EPrice ÷ TTM EPS | 35.11x | -5.52x |
| Forward P/EPrice ÷ next-FY EPS est. | 13.69x | 11.69x |
| PEG RatioP/E ÷ EPS growth rate | — | — |
| EV / EBITDAEnterprise value multiple | 13.82x | 10.77x |
| Price / SalesMarket cap ÷ Revenue | 0.32x | 0.08x |
| Price / BookPrice ÷ Book value/share | 0.74x | 1.33x |
| Price / FCFMarket cap ÷ FCF | 10.07x | — |
Profitability & Efficiency
WGO leads this category, winning 7 of 9 comparable metrics.
Profitability & Efficiency
WGO delivers a 3.0% return on equity — every $100 of shareholder capital generates $3 in annual profit, vs $-22 for CWH. WGO carries lower financial leverage with a 0.49x debt-to-equity ratio, signaling a more conservative balance sheet compared to CWH's 7.17x. On the Piotroski fundamental quality scale (0–9), WGO scores 6/9 vs CWH's 2/9, reflecting solid financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +3.0% | -21.8% |
| ROA (TTM)Return on assets | +1.7% | -1.8% |
| ROICReturn on invested capital | +2.6% | +4.0% |
| ROCEReturn on capital employed | +2.9% | +5.9% |
| Piotroski ScoreFundamental quality 0–9 | 6 | 2 |
| Debt / EquityFinancial leverage | 0.49x | 7.17x |
| Net DebtTotal debt minus cash | $421M | $2.5B |
| Cash & Equiv.Liquid assets | $174M | $215M |
| Total DebtShort + long-term debt | $595M | $2.7B |
| Interest CoverageEBIT ÷ Interest expense | 2.77x | 1.14x |
Total Returns (Dividends Reinvested)
WGO leads this category, winning 5 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in WGO five years ago would be worth $4,489 today (with dividends reinvested), compared to $3,146 for CWH. Over the past 12 months, WGO leads with a +3.3% total return vs CWH's -40.5%. The 3-year compound annual growth rate (CAGR) favors WGO at -15.4% vs CWH's -26.7% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | -20.1% | -18.7% |
| 1-Year ReturnPast 12 months | +3.3% | -40.5% |
| 3-Year ReturnCumulative with dividends | -39.5% | -60.6% |
| 5-Year ReturnCumulative with dividends | -55.1% | -68.5% |
| 10-Year ReturnCumulative with dividends | +92.8% | -20.5% |
| CAGR (3Y)Annualised 3-year return | -15.4% | -26.7% |
Risk & Volatility
WGO leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
WGO is the less volatile stock with a 1.15 beta — it tends to amplify market swings less than CWH's 2.35 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. WGO currently trades 63.7% from its 52-week high vs CWH's 40.2% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.15x | 2.35x |
| 52-Week HighHighest price in past year | $50.16 | $19.64 |
| 52-Week LowLowest price in past year | $28.00 | $5.70 |
| % of 52W HighCurrent price vs 52-week peak | +63.7% | +40.2% |
| RSI (14)Momentum oscillator 0–100 | 39.3 | 50.6 |
| Avg Volume (50D)Average daily shares traded | 625K | 3.7M |
Analyst Outlook
Evenly matched — WGO and CWH each lead in 1 of 2 comparable metrics.
Analyst Outlook
Wall Street rates WGO as "Hold" and CWH as "Buy". Consensus price targets imply 52.1% upside for CWH (target: $12) vs 30.8% for WGO (target: $42). For income investors, CWH offers the higher dividend yield at 6.35% vs WGO's 4.30%.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Hold | Buy |
| Price TargetConsensus 12-month target | $41.80 | $12.00 |
| # AnalystsCovering analysts | 22 | 24 |
| Dividend YieldAnnual dividend ÷ price | +4.3% | +6.4% |
| Dividend StreakConsecutive years of raises | 7 | 0 |
| Dividend / ShareAnnual DPS | $1.37 | $0.50 |
| Buyback YieldShare repurchases ÷ mkt cap | +6.0% | 0.0% |
WGO leads in 4 of 6 categories (Income & Cash Flow, Profitability & Efficiency). CWH leads in 1 (Valuation Metrics). 1 tied.
WGO vs CWH: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is WGO or CWH a better buy right now?
For growth investors, Camping World Holdings, Inc.
(CWH) is the stronger pick with 4. 4% revenue growth year-over-year, versus -5. 9% for Winnebago Industries, Inc. (WGO). Winnebago Industries, Inc. (WGO) offers the better valuation at 35. 1x trailing P/E (13. 7x forward), making it the more compelling value choice. Analysts rate Camping World Holdings, Inc. (CWH) a "Buy" — based on 24 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — WGO or CWH?
On forward P/E, Camping World Holdings, Inc.
is actually cheaper at 11. 7x — notably different from the trailing picture, reflecting expected earnings growth.
03Which is the better long-term investment — WGO or CWH?
Over the past 5 years, Winnebago Industries, Inc.
(WGO) delivered a total return of -55. 1%, compared to -68. 5% for Camping World Holdings, Inc. (CWH). Over 10 years, the gap is even starker: WGO returned +92. 8% versus CWH's -20. 5%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — WGO or CWH?
By beta (market sensitivity over 5 years), Winnebago Industries, Inc.
(WGO) is the lower-risk stock at 1. 15β versus Camping World Holdings, Inc. 's 2. 35β — meaning CWH is approximately 103% more volatile than WGO relative to the S&P 500. On balance sheet safety, Winnebago Industries, Inc. (WGO) carries a lower debt/equity ratio of 49% versus 7% for Camping World Holdings, Inc. — giving it more financial flexibility in a downturn.
05Which is growing faster — WGO or CWH?
By revenue growth (latest reported year), Camping World Holdings, Inc.
(CWH) is pulling ahead at 4. 4% versus -5. 9% for Winnebago Industries, Inc. (WGO). On earnings-per-share growth, the picture is similar: Winnebago Industries, Inc. grew EPS 106. 8% year-over-year, compared to -78. 8% for Camping World Holdings, Inc.. Over a 3-year CAGR, CWH leads at -2. 9% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — WGO or CWH?
Winnebago Industries, Inc.
(WGO) is the more profitable company, earning 0. 9% net margin versus -1. 4% for Camping World Holdings, Inc. — meaning it keeps 0. 9% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: CWH leads at 2. 8% versus 2. 0% for WGO. At the gross margin level — before operating expenses — CWH leads at 29. 5%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is WGO or CWH more undervalued right now?
On forward earnings alone, Camping World Holdings, Inc.
(CWH) trades at 11. 7x forward P/E versus 13. 7x for Winnebago Industries, Inc. — 2. 0x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for CWH: 52. 1% to $12. 00.
08Which pays a better dividend — WGO or CWH?
All stocks in this comparison pay dividends.
Camping World Holdings, Inc. (CWH) offers the highest yield at 6. 4%, versus 4. 3% for Winnebago Industries, Inc. (WGO).
09Is WGO or CWH better for a retirement portfolio?
For long-horizon retirement investors, Winnebago Industries, Inc.
(WGO) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 1. 15), 4. 3% yield). Camping World Holdings, Inc. (CWH) carries a higher beta of 2. 35 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (WGO: +92. 8%, CWH: -20. 5%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between WGO and CWH?
Both stocks operate in the Consumer Cyclical sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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