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

Organon & Co. is the larger business by last-quarter revenue ($1.5B vs $1.2B, roughly 1.3× Camping World Holdings, Inc.). Camping World Holdings, Inc. runs the higher net margin — -9.3% vs -13.6%, a 4.3% gap on every dollar of revenue. On growth, Camping World Holdings, Inc. posted the faster year-over-year revenue change (-2.6% vs -5.3%). Over the past eight quarters, Organon & Co.'s revenue compounded faster (-3.6% 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...

Organon & Co. is an American pharmaceutical company headquartered in Jersey City, New Jersey. Organon specializes in the following core therapeutic fields: reproductive medicine, contraception, psychiatry, hormone replacement therapy (HRT), and anesthesia. Organon produces all its products outside of the United States but receives a third of its revenue from the United States.

CWH vs OGN — Head-to-Head

Bigger by revenue
OGN
OGN
1.3× larger
OGN
$1.5B
$1.2B
CWH
Growing faster (revenue YoY)
CWH
CWH
+2.8% gap
CWH
-2.6%
-5.3%
OGN
Higher net margin
CWH
CWH
4.3% more per $
CWH
-9.3%
-13.6%
OGN
Faster 2-yr revenue CAGR
OGN
OGN
Annualised
OGN
-3.6%
-7.2%
CWH

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CWH
CWH
OGN
OGN
Revenue
$1.2B
$1.5B
Net Profit
$-109.1M
$-205.0M
Gross Margin
28.8%
49.2%
Operating Margin
-4.3%
-9.8%
Net Margin
-9.3%
-13.6%
Revenue YoY
-2.6%
-5.3%
Net Profit YoY
-83.3%
-288.1%
EPS (diluted)
$-0.78

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
OGN
OGN
Q4 25
$1.2B
$1.5B
Q3 25
$1.8B
$1.6B
Q2 25
$2.0B
$1.6B
Q1 25
$1.4B
$1.5B
Q4 24
$1.2B
$1.6B
Q3 24
$1.7B
$1.6B
Q2 24
$1.8B
$1.6B
Q1 24
$1.4B
$1.6B
Net Profit
CWH
CWH
OGN
OGN
Q4 25
$-109.1M
$-205.0M
Q3 25
$-40.4M
$160.0M
Q2 25
$30.2M
$145.0M
Q1 25
$-12.3M
$87.0M
Q4 24
$-59.5M
$109.0M
Q3 24
$5.5M
$359.0M
Q2 24
$9.8M
$195.0M
Q1 24
$-22.3M
$201.0M
Gross Margin
CWH
CWH
OGN
OGN
Q4 25
28.8%
49.2%
Q3 25
28.6%
53.5%
Q2 25
30.0%
54.8%
Q1 25
30.4%
55.6%
Q4 24
31.3%
56.3%
Q3 24
28.9%
58.3%
Q2 24
30.3%
58.4%
Q1 24
29.5%
59.0%
Operating Margin
CWH
CWH
OGN
OGN
Q4 25
-4.3%
-9.8%
Q3 25
4.4%
15.2%
Q2 25
6.6%
14.4%
Q1 25
1.5%
6.7%
Q4 24
-1.3%
8.1%
Q3 24
3.7%
13.1%
Q2 24
5.3%
14.6%
Q1 24
0.3%
14.5%
Net Margin
CWH
CWH
OGN
OGN
Q4 25
-9.3%
-13.6%
Q3 25
-2.2%
10.0%
Q2 25
1.5%
9.1%
Q1 25
-0.9%
5.8%
Q4 24
-4.9%
6.8%
Q3 24
0.3%
22.7%
Q2 24
0.5%
12.1%
Q1 24
-1.6%
12.4%
EPS (diluted)
CWH
CWH
OGN
OGN
Q4 25
$-0.78
Q3 25
$0.61
Q2 25
$0.56
Q1 25
$0.33
Q4 24
$0.42
Q3 24
$1.38
Q2 24
$0.75
Q1 24
$0.78

Balance Sheet & Financial Strength

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

Metric
CWH
CWH
OGN
OGN
Cash + ST InvestmentsLiquidity on hand
$215.0M
$574.0M
Total DebtLower is stronger
$1.5B
$8.6B
Stockholders' EquityBook value
$228.6M
$752.0M
Total Assets
$5.0B
$12.9B
Debt / EquityLower = less leverage
6.44×
11.49×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CWH
CWH
OGN
OGN
Q4 25
$215.0M
$574.0M
Q3 25
$230.5M
$672.0M
Q2 25
$118.1M
$599.0M
Q1 25
$20.9M
$547.0M
Q4 24
$208.4M
$675.0M
Q3 24
$28.4M
$763.0M
Q2 24
$23.7M
$704.0M
Q1 24
$29.7M
$575.0M
Total Debt
CWH
CWH
OGN
OGN
Q4 25
$1.5B
$8.6B
Q3 25
$1.5B
$8.8B
Q2 25
$1.5B
$8.9B
Q1 25
$1.5B
$9.0B
Q4 24
$1.5B
$8.9B
Q3 24
$1.5B
$8.7B
Q2 24
$1.5B
$8.7B
Q1 24
$1.6B
$8.7B
Stockholders' Equity
CWH
CWH
OGN
OGN
Q4 25
$228.6M
$752.0M
Q3 25
$296.2M
$906.0M
Q2 25
$340.5M
$733.0M
Q1 25
$310.5M
$542.0M
Q4 24
$326.6M
$472.0M
Q3 24
$151.6M
$493.0M
Q2 24
$149.7M
$144.0M
Q1 24
$142.8M
$48.0M
Total Assets
CWH
CWH
OGN
OGN
Q4 25
$5.0B
$12.9B
Q3 25
$5.0B
$13.6B
Q2 25
$5.2B
$13.5B
Q1 25
$5.1B
$13.2B
Q4 24
$4.9B
$13.1B
Q3 24
$4.7B
$12.8B
Q2 24
$5.0B
$12.2B
Q1 24
$5.1B
$11.9B
Debt / Equity
CWH
CWH
OGN
OGN
Q4 25
6.44×
11.49×
Q3 25
5.00×
9.74×
Q2 25
4.42×
12.14×
Q1 25
4.87×
16.52×
Q4 24
4.64×
18.81×
Q3 24
10.09×
17.75×
Q2 24
10.28×
60.11×
Q1 24
11.00×
181.54×

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
OGN
OGN
Operating Cash FlowLast quarter
$-227.2M
$141.0M
Free Cash FlowOCF − Capex
$96.0M
FCF MarginFCF / Revenue
6.4%
Capex IntensityCapex / Revenue
3.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$538.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CWH
CWH
OGN
OGN
Q4 25
$-227.2M
$141.0M
Q3 25
$139.8M
$264.0M
Q2 25
$187.9M
$220.0M
Q1 25
$-232.5M
$75.0M
Q4 24
$-163.4M
$390.0M
Q3 24
$324.2M
$141.0M
Q2 24
$152.3M
$332.0M
Q1 24
$-68.0M
$76.0M
Free Cash Flow
CWH
CWH
OGN
OGN
Q4 25
$96.0M
Q3 25
$218.0M
Q2 25
$181.0M
Q1 25
$43.0M
Q4 24
$335.0M
Q3 24
$99.0M
Q2 24
$300.0M
Q1 24
$30.0M
FCF Margin
CWH
CWH
OGN
OGN
Q4 25
6.4%
Q3 25
13.6%
Q2 25
11.4%
Q1 25
2.8%
Q4 24
21.0%
Q3 24
6.3%
Q2 24
18.7%
Q1 24
1.8%
Capex Intensity
CWH
CWH
OGN
OGN
Q4 25
3.0%
Q3 25
2.9%
Q2 25
2.4%
Q1 25
2.1%
Q4 24
3.5%
Q3 24
2.7%
Q2 24
2.0%
Q1 24
2.8%
Cash Conversion
CWH
CWH
OGN
OGN
Q4 25
Q3 25
1.65×
Q2 25
6.22×
1.52×
Q1 25
0.86×
Q4 24
3.58×
Q3 24
58.93×
0.39×
Q2 24
15.59×
1.70×
Q1 24
0.38×

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%

OGN
OGN

Segment breakdown not available.

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