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Side-by-side financial comparison of Camping World Holdings, Inc. (CWH) and Host Hotels & Resorts (HST). Click either name above to swap in a different company.

Host Hotels & Resorts is the larger business by last-quarter revenue ($1.6B vs $1.2B, roughly 1.4× Camping World Holdings, Inc.). Host Hotels & Resorts runs the higher net margin — 8.4% vs -9.3%, a 17.7% gap on every dollar of revenue. On growth, Host Hotels & Resorts posted the faster year-over-year revenue change (12.3% vs -2.6%). Over the past eight quarters, Host Hotels & Resorts's revenue compounded faster (4.4% CAGR vs -7.2%).

Camping World Holdings, Inc. is an American corporation specializing in selling recreational vehicles (RVs), recreational vehicle parts, and recreational vehicle service. They also sell supplies for camping. The company has its headquarters in Lincolnshire, Illinois. In October 2016 it became a publicly traded company when it raised $251 million in an IPO. Camping World has 202 locations. In addition to its RV dealerships and accessories stores, the company sells goods through phone order and...

Host Hotels & Resorts, Inc., based in Bethesda, Maryland, is an American real estate investment trust that invests in hotels. As of December 31, 2024, the company owned 81 upscale hotels containing about 43,400 rooms in the United States, Brazil, and Canada.

CWH vs HST — Head-to-Head

Bigger by revenue
HST
HST
1.4× larger
HST
$1.6B
$1.2B
CWH
Growing faster (revenue YoY)
HST
HST
+14.8% gap
HST
12.3%
-2.6%
CWH
Higher net margin
HST
HST
17.7% more per $
HST
8.4%
-9.3%
CWH
Faster 2-yr revenue CAGR
HST
HST
Annualised
HST
4.4%
-7.2%
CWH

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CWH
CWH
HST
HST
Revenue
$1.2B
$1.6B
Net Profit
$-109.1M
$135.0M
Gross Margin
28.8%
Operating Margin
-4.3%
12.0%
Net Margin
-9.3%
8.4%
Revenue YoY
-2.6%
12.3%
Net Profit YoY
-83.3%
25.0%
EPS (diluted)
$0.20

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CWH
CWH
HST
HST
Q4 25
$1.2B
$1.6B
Q3 25
$1.8B
$1.3B
Q2 25
$2.0B
$1.6B
Q1 25
$1.4B
$1.6B
Q4 24
$1.2B
$1.4B
Q3 24
$1.7B
$1.3B
Q2 24
$1.8B
$1.5B
Q1 24
$1.4B
$1.5B
Net Profit
CWH
CWH
HST
HST
Q4 25
$-109.1M
$135.0M
Q3 25
$-40.4M
$161.0M
Q2 25
$30.2M
$221.0M
Q1 25
$-12.3M
$248.0M
Q4 24
$-59.5M
$108.0M
Q3 24
$5.5M
$82.0M
Q2 24
$9.8M
$239.0M
Q1 24
$-22.3M
$268.0M
Gross Margin
CWH
CWH
HST
HST
Q4 25
28.8%
Q3 25
28.6%
Q2 25
30.0%
Q1 25
30.4%
Q4 24
31.3%
Q3 24
28.9%
Q2 24
30.3%
Q1 24
29.5%
Operating Margin
CWH
CWH
HST
HST
Q4 25
-4.3%
12.0%
Q3 25
4.4%
7.6%
Q2 25
6.6%
17.5%
Q1 25
1.5%
17.9%
Q4 24
-1.3%
11.0%
Q3 24
3.7%
10.2%
Q2 24
5.3%
19.9%
Q1 24
0.3%
19.8%
Net Margin
CWH
CWH
HST
HST
Q4 25
-9.3%
8.4%
Q3 25
-2.2%
12.1%
Q2 25
1.5%
13.9%
Q1 25
-0.9%
15.6%
Q4 24
-4.9%
7.6%
Q3 24
0.3%
6.2%
Q2 24
0.5%
16.3%
Q1 24
-1.6%
18.2%
EPS (diluted)
CWH
CWH
HST
HST
Q4 25
$0.20
Q3 25
$0.23
Q2 25
$0.32
Q1 25
$0.35
Q4 24
$0.15
Q3 24
$0.12
Q2 24
$0.34
Q1 24
$0.38

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CWH
CWH
HST
HST
Cash + ST InvestmentsLiquidity on hand
$215.0M
$768.0M
Total DebtLower is stronger
$1.5B
$1.3B
Stockholders' EquityBook value
$228.6M
$6.6B
Total Assets
$5.0B
$13.0B
Debt / EquityLower = less leverage
6.44×
0.19×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CWH
CWH
HST
HST
Q4 25
$215.0M
$768.0M
Q3 25
$230.5M
$539.0M
Q2 25
$118.1M
$490.0M
Q1 25
$20.9M
$428.0M
Q4 24
$208.4M
$554.0M
Q3 24
$28.4M
$564.0M
Q2 24
$23.7M
$805.0M
Q1 24
$29.7M
$1.3B
Total Debt
CWH
CWH
HST
HST
Q4 25
$1.5B
$1.3B
Q3 25
$1.5B
Q2 25
$1.5B
Q1 25
$1.5B
Q4 24
$1.5B
$896.0M
Q3 24
$1.5B
Q2 24
$1.5B
Q1 24
$1.6B
Stockholders' Equity
CWH
CWH
HST
HST
Q4 25
$228.6M
$6.6B
Q3 25
$296.2M
$6.7B
Q2 25
$340.5M
$6.6B
Q1 25
$310.5M
$6.7B
Q4 24
$326.6M
$6.6B
Q3 24
$151.6M
$6.7B
Q2 24
$149.7M
$6.8B
Q1 24
$142.8M
$6.7B
Total Assets
CWH
CWH
HST
HST
Q4 25
$5.0B
$13.0B
Q3 25
$5.0B
$13.0B
Q2 25
$5.2B
$13.0B
Q1 25
$5.1B
$12.9B
Q4 24
$4.9B
$13.0B
Q3 24
$4.7B
$13.1B
Q2 24
$5.0B
$12.4B
Q1 24
$5.1B
$12.5B
Debt / Equity
CWH
CWH
HST
HST
Q4 25
6.44×
0.19×
Q3 25
5.00×
Q2 25
4.42×
Q1 25
4.87×
Q4 24
4.64×
0.14×
Q3 24
10.09×
Q2 24
10.28×
Q1 24
11.00×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CWH
CWH
HST
HST
Operating Cash FlowLast quarter
$-227.2M
$543.0M
Free Cash FlowOCF − Capex
$445.0M
FCF MarginFCF / Revenue
27.8%
Capex IntensityCapex / Revenue
6.1%
Cash ConversionOCF / Net Profit
4.02×
TTM Free Cash FlowTrailing 4 quarters
$1.2B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CWH
CWH
HST
HST
Q4 25
$-227.2M
$543.0M
Q3 25
$139.8M
$218.0M
Q2 25
$187.9M
$444.0M
Q1 25
$-232.5M
$305.0M
Q4 24
$-163.4M
$331.0M
Q3 24
$324.2M
$349.0M
Q2 24
$152.3M
$453.0M
Q1 24
$-68.0M
$365.0M
Free Cash Flow
CWH
CWH
HST
HST
Q4 25
$445.0M
Q3 25
$143.0M
Q2 25
$381.0M
Q1 25
$259.0M
Q4 24
$235.0M
Q3 24
$262.0M
Q2 24
$409.0M
Q1 24
$332.0M
FCF Margin
CWH
CWH
HST
HST
Q4 25
27.8%
Q3 25
10.7%
Q2 25
24.0%
Q1 25
16.2%
Q4 24
16.5%
Q3 24
19.9%
Q2 24
27.9%
Q1 24
22.6%
Capex Intensity
CWH
CWH
HST
HST
Q4 25
6.1%
Q3 25
5.6%
Q2 25
4.0%
Q1 25
2.9%
Q4 24
6.7%
Q3 24
6.6%
Q2 24
3.0%
Q1 24
2.2%
Cash Conversion
CWH
CWH
HST
HST
Q4 25
4.02×
Q3 25
1.35×
Q2 25
6.22×
2.01×
Q1 25
1.23×
Q4 24
3.06×
Q3 24
58.93×
4.26×
Q2 24
15.59×
1.90×
Q1 24
1.36×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CWH
CWH

New Vehicles$457.8M39%
Used Vehicles$386.5M33%
Products Service And Other$160.5M14%
Finance And Insurance Net$111.4M9%
Good Sam Services And Plans$48.0M4%
Good Sam Club$10.5M1%

HST
HST

Segment breakdown not available.

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