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

Camping World Holdings, Inc. is the larger business by last-quarter revenue ($1.2B vs $1.0B, roughly 1.1× Pentair). Pentair runs the higher net margin — 16.6% vs -9.3%, a 25.9% gap on every dollar of revenue. On growth, Pentair posted the faster year-over-year revenue change (2.6% vs -2.6%). Over the past eight quarters, Pentair's revenue compounded faster (-2.9% 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...

Pentair plc (PNR) is an American water treatment company incorporated in Ireland with tax residency in UK, with its main U.S. office in Golden Valley, Minnesota. Pentair was founded in the US, with 65% of company's revenue coming from the US and Canada as of 2017. PNR was reorganized in 2014, shifting the corporate domicile from Switzerland to Ireland.

CWH vs PNR — Head-to-Head

Bigger by revenue
CWH
CWH
1.1× larger
CWH
$1.2B
$1.0B
PNR
Growing faster (revenue YoY)
PNR
PNR
+5.2% gap
PNR
2.6%
-2.6%
CWH
Higher net margin
PNR
PNR
25.9% more per $
PNR
16.6%
-9.3%
CWH
Faster 2-yr revenue CAGR
PNR
PNR
Annualised
PNR
-2.9%
-7.2%
CWH

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
CWH
CWH
PNR
PNR
Revenue
$1.2B
$1.0B
Net Profit
$-109.1M
$172.4M
Gross Margin
28.8%
41.8%
Operating Margin
-4.3%
20.3%
Net Margin
-9.3%
16.6%
Revenue YoY
-2.6%
2.6%
Net Profit YoY
-83.3%
11.3%
EPS (diluted)

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
PNR
PNR
Q1 26
$1.0B
Q4 25
$1.2B
$1.0B
Q3 25
$1.8B
$1.0B
Q2 25
$2.0B
$1.1B
Q1 25
$1.4B
$1.0B
Q4 24
$1.2B
$972.9M
Q3 24
$1.7B
$993.4M
Q2 24
$1.8B
$1.1B
Net Profit
CWH
CWH
PNR
PNR
Q1 26
$172.4M
Q4 25
$-109.1M
$166.1M
Q3 25
$-40.4M
$184.3M
Q2 25
$30.2M
$148.5M
Q1 25
$-12.3M
$154.9M
Q4 24
$-59.5M
$166.4M
Q3 24
$5.5M
$139.6M
Q2 24
$9.8M
$186.1M
Gross Margin
CWH
CWH
PNR
PNR
Q1 26
41.8%
Q4 25
28.8%
40.4%
Q3 25
28.6%
41.0%
Q2 25
30.0%
40.7%
Q1 25
30.4%
39.9%
Q4 24
31.3%
38.8%
Q3 24
28.9%
39.6%
Q2 24
30.3%
39.8%
Operating Margin
CWH
CWH
PNR
PNR
Q1 26
20.3%
Q4 25
-4.3%
20.1%
Q3 25
4.4%
22.7%
Q2 25
6.6%
19.4%
Q1 25
1.5%
20.1%
Q4 24
-1.3%
20.1%
Q3 24
3.7%
18.1%
Q2 24
5.3%
22.6%
Net Margin
CWH
CWH
PNR
PNR
Q1 26
16.6%
Q4 25
-9.3%
16.3%
Q3 25
-2.2%
18.0%
Q2 25
1.5%
13.2%
Q1 25
-0.9%
15.3%
Q4 24
-4.9%
17.1%
Q3 24
0.3%
14.1%
Q2 24
0.5%
16.9%
EPS (diluted)
CWH
CWH
PNR
PNR
Q1 26
Q4 25
$1.01
Q3 25
$1.12
Q2 25
$0.90
Q1 25
$0.93
Q4 24
$0.99
Q3 24
$0.84
Q2 24
$1.11

Balance Sheet & Financial Strength

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

Metric
CWH
CWH
PNR
PNR
Cash + ST InvestmentsLiquidity on hand
$215.0M
$67.7M
Total DebtLower is stronger
$1.5B
$1.9B
Stockholders' EquityBook value
$228.6M
$3.8B
Total Assets
$5.0B
$7.1B
Debt / EquityLower = less leverage
6.44×
0.51×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CWH
CWH
PNR
PNR
Q1 26
$67.7M
Q4 25
$215.0M
Q3 25
$230.5M
$128.4M
Q2 25
$118.1M
$143.0M
Q1 25
$20.9M
$140.6M
Q4 24
$208.4M
$118.7M
Q3 24
$28.4M
$218.1M
Q2 24
$23.7M
$214.3M
Total Debt
CWH
CWH
PNR
PNR
Q1 26
$1.9B
Q4 25
$1.5B
$1.6B
Q3 25
$1.5B
$1.6B
Q2 25
$1.5B
$1.4B
Q1 25
$1.5B
$1.8B
Q4 24
$1.5B
$1.6B
Q3 24
$1.5B
Q2 24
$1.5B
$1.8B
Stockholders' Equity
CWH
CWH
PNR
PNR
Q1 26
$3.8B
Q4 25
$228.6M
$3.9B
Q3 25
$296.2M
$3.8B
Q2 25
$340.5M
$3.7B
Q1 25
$310.5M
$3.6B
Q4 24
$326.6M
$3.6B
Q3 24
$151.6M
$3.5B
Q2 24
$149.7M
$3.4B
Total Assets
CWH
CWH
PNR
PNR
Q1 26
$7.1B
Q4 25
$5.0B
$6.9B
Q3 25
$5.0B
$6.8B
Q2 25
$5.2B
$6.5B
Q1 25
$5.1B
$6.7B
Q4 24
$4.9B
$6.4B
Q3 24
$4.7B
$6.5B
Q2 24
$5.0B
$6.5B
Debt / Equity
CWH
CWH
PNR
PNR
Q1 26
0.51×
Q4 25
6.44×
0.42×
Q3 25
5.00×
0.42×
Q2 25
4.42×
0.38×
Q1 25
4.87×
0.51×
Q4 24
4.64×
0.46×
Q3 24
10.09×
Q2 24
10.28×
0.51×

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
PNR
PNR
Operating Cash FlowLast quarter
$-227.2M
Free Cash FlowOCF − Capex
$-85.7M
FCF MarginFCF / Revenue
-8.3%
Capex IntensityCapex / Revenue
1.8%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$716.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CWH
CWH
PNR
PNR
Q1 26
Q4 25
$-227.2M
$50.8M
Q3 25
$139.8M
$196.3M
Q2 25
$187.9M
$606.6M
Q1 25
$-232.5M
$-38.9M
Q4 24
$-163.4M
$86.5M
Q3 24
$324.2M
$248.6M
Q2 24
$152.3M
$539.2M
Free Cash Flow
CWH
CWH
PNR
PNR
Q1 26
$-85.7M
Q4 25
$27.1M
Q3 25
$178.9M
Q2 25
$595.7M
Q1 25
$-55.7M
Q4 24
$63.8M
Q3 24
$233.2M
Q2 24
$522.2M
FCF Margin
CWH
CWH
PNR
PNR
Q1 26
-8.3%
Q4 25
2.7%
Q3 25
17.5%
Q2 25
53.0%
Q1 25
-5.5%
Q4 24
6.6%
Q3 24
23.5%
Q2 24
47.5%
Capex Intensity
CWH
CWH
PNR
PNR
Q1 26
1.8%
Q4 25
2.3%
Q3 25
1.7%
Q2 25
1.0%
Q1 25
1.7%
Q4 24
2.3%
Q3 24
1.6%
Q2 24
1.5%
Cash Conversion
CWH
CWH
PNR
PNR
Q1 26
Q4 25
0.31×
Q3 25
1.07×
Q2 25
6.22×
4.08×
Q1 25
-0.25×
Q4 24
0.52×
Q3 24
58.93×
1.78×
Q2 24
15.59×
2.90×

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%

PNR
PNR

Water Solutions$391.0M38%
Pool$387.1M37%
Flow$258.1M25%

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