vs

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

Veralto is the larger business by last-quarter revenue ($1.4B vs $1.2B, roughly 1.2× Camping World Holdings, Inc.). Veralto runs the higher net margin — 17.9% vs -9.3%, a 27.2% gap on every dollar of revenue. On growth, Veralto posted the faster year-over-year revenue change (6.8% vs -2.6%). Over the past eight quarters, Veralto's revenue compounded faster (6.8% 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...

Veralto Corporation is an American technology company headquartered in Waltham, Massachusetts. It produces products related to water analytics, water treatment, marking and coding, and packaging and color.

CWH vs VLTO — Head-to-Head

Bigger by revenue
VLTO
VLTO
1.2× larger
VLTO
$1.4B
$1.2B
CWH
Growing faster (revenue YoY)
VLTO
VLTO
+9.3% gap
VLTO
6.8%
-2.6%
CWH
Higher net margin
VLTO
VLTO
27.2% more per $
VLTO
17.9%
-9.3%
CWH
Faster 2-yr revenue CAGR
VLTO
VLTO
Annualised
VLTO
6.8%
-7.2%
CWH

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
CWH
CWH
VLTO
VLTO
Revenue
$1.2B
$1.4B
Net Profit
$-109.1M
$254.0M
Gross Margin
28.8%
60.1%
Operating Margin
-4.3%
23.8%
Net Margin
-9.3%
17.9%
Revenue YoY
-2.6%
6.8%
Net Profit YoY
-83.3%
12.9%
EPS (diluted)
$1.02

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
VLTO
VLTO
Q1 26
$1.4B
Q4 25
$1.2B
$1.4B
Q3 25
$1.8B
$1.4B
Q2 25
$2.0B
$1.3B
Q1 25
$1.4B
Q4 24
$1.2B
$1.3B
Q3 24
$1.7B
$1.3B
Q2 24
$1.8B
$1.3B
Net Profit
CWH
CWH
VLTO
VLTO
Q1 26
$254.0M
Q4 25
$-109.1M
$239.0M
Q3 25
$-40.4M
$222.0M
Q2 25
$30.2M
$225.0M
Q1 25
$-12.3M
Q4 24
$-59.5M
$227.0M
Q3 24
$5.5M
$219.0M
Q2 24
$9.8M
$203.0M
Gross Margin
CWH
CWH
VLTO
VLTO
Q1 26
60.1%
Q4 25
28.8%
60.1%
Q3 25
28.6%
60.0%
Q2 25
30.0%
60.4%
Q1 25
30.4%
Q4 24
31.3%
59.6%
Q3 24
28.9%
59.6%
Q2 24
30.3%
60.1%
Operating Margin
CWH
CWH
VLTO
VLTO
Q1 26
23.8%
Q4 25
-4.3%
23.2%
Q3 25
4.4%
22.8%
Q2 25
6.6%
24.2%
Q1 25
1.5%
Q4 24
-1.3%
22.9%
Q3 24
3.7%
23.4%
Q2 24
5.3%
23.2%
Net Margin
CWH
CWH
VLTO
VLTO
Q1 26
17.9%
Q4 25
-9.3%
17.0%
Q3 25
-2.2%
16.2%
Q2 25
1.5%
16.9%
Q1 25
-0.9%
Q4 24
-4.9%
16.9%
Q3 24
0.3%
16.7%
Q2 24
0.5%
15.8%
EPS (diluted)
CWH
CWH
VLTO
VLTO
Q1 26
$1.02
Q4 25
$0.95
Q3 25
$0.89
Q2 25
$0.90
Q1 25
Q4 24
$0.91
Q3 24
$0.88
Q2 24
$0.81

Balance Sheet & Financial Strength

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

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

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CWH
CWH
VLTO
VLTO
Q1 26
Q4 25
$215.0M
$1.8B
Q3 25
$230.5M
$1.6B
Q2 25
$118.1M
$1.2B
Q1 25
$20.9M
Q4 24
$208.4M
$1.1B
Q3 24
$28.4M
$1.3B
Q2 24
$23.7M
$1.0B
Total Debt
CWH
CWH
VLTO
VLTO
Q1 26
Q4 25
$1.5B
$2.7B
Q3 25
$1.5B
$2.7B
Q2 25
$1.5B
$2.6B
Q1 25
$1.5B
Q4 24
$1.5B
$2.6B
Q3 24
$1.5B
$2.6B
Q2 24
$1.5B
$2.6B
Stockholders' Equity
CWH
CWH
VLTO
VLTO
Q1 26
Q4 25
$228.6M
$2.8B
Q3 25
$296.2M
$2.7B
Q2 25
$340.5M
$2.3B
Q1 25
$310.5M
Q4 24
$326.6M
$2.0B
Q3 24
$151.6M
$2.0B
Q2 24
$149.7M
$1.7B
Total Assets
CWH
CWH
VLTO
VLTO
Q1 26
Q4 25
$5.0B
$7.4B
Q3 25
$5.0B
$7.2B
Q2 25
$5.2B
$6.6B
Q1 25
$5.1B
Q4 24
$4.9B
$6.4B
Q3 24
$4.7B
$6.3B
Q2 24
$5.0B
$5.9B
Debt / Equity
CWH
CWH
VLTO
VLTO
Q1 26
Q4 25
6.44×
0.94×
Q3 25
5.00×
1.01×
Q2 25
4.42×
1.14×
Q1 25
4.87×
Q4 24
4.64×
1.28×
Q3 24
10.09×
1.35×
Q2 24
10.28×
1.57×

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
VLTO
VLTO
Operating Cash FlowLast quarter
$-227.2M
$182.0M
Free Cash FlowOCF − Capex
$170.0M
FCF MarginFCF / Revenue
12.0%
Capex IntensityCapex / Revenue
0.8%
Cash ConversionOCF / Net Profit
0.72×
TTM Free Cash FlowTrailing 4 quarters
$893.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CWH
CWH
VLTO
VLTO
Q1 26
$182.0M
Q4 25
$-227.2M
$270.0M
Q3 25
$139.8M
$339.0M
Q2 25
$187.9M
$157.0M
Q1 25
$-232.5M
Q4 24
$-163.4M
$285.0M
Q3 24
$324.2M
$224.0M
Q2 24
$152.3M
$251.0M
Free Cash Flow
CWH
CWH
VLTO
VLTO
Q1 26
$170.0M
Q4 25
$258.0M
Q3 25
$323.0M
Q2 25
$142.0M
Q1 25
Q4 24
$263.0M
Q3 24
$215.0M
Q2 24
$240.0M
FCF Margin
CWH
CWH
VLTO
VLTO
Q1 26
12.0%
Q4 25
18.4%
Q3 25
23.6%
Q2 25
10.7%
Q1 25
Q4 24
19.6%
Q3 24
16.4%
Q2 24
18.6%
Capex Intensity
CWH
CWH
VLTO
VLTO
Q1 26
0.8%
Q4 25
0.9%
Q3 25
1.2%
Q2 25
1.1%
Q1 25
Q4 24
1.6%
Q3 24
0.7%
Q2 24
0.9%
Cash Conversion
CWH
CWH
VLTO
VLTO
Q1 26
0.72×
Q4 25
1.13×
Q3 25
1.53×
Q2 25
6.22×
0.70×
Q1 25
Q4 24
1.26×
Q3 24
58.93×
1.02×
Q2 24
15.59×
1.24×

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%

VLTO
VLTO

Segment breakdown not available.

Related Comparisons