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Camping World Holdings, Inc.（CWH）与豪士科（OSK）财务数据对比。点击上方公司名可切换其他公司
豪士科的季度营收约是Camping World Holdings, Inc.的2.0倍（$2.3B vs $1.2B），豪士科净利率更高（1.9% vs -9.3%，领先11.2%），豪士科同比增速更快（0.2% vs -2.6%），过去两年Camping World Holdings, Inc.的营收复合增速更高（-7.2% vs -9.8%）
露营世界控股公司是美国知名露营房车行业企业，总部位于伊利诺伊州林肯郡，主营休闲房车销售、房车配件供应及售后维保服务，同时也售卖各类露营装备。目前公司在全美共设有202家线下门店，除线下门店经营外，还通过电话等渠道开展零售业务，2016年10月完成首次公开募股上市，募资2.51亿美元。
豪士科（原称豪士科卡车）是美国知名工业企业，主营特种卡车、军用车辆、机场消防设备、高空作业设备等产品的设计与制造。旗下拥有威斯康星州的消防车制造商Pierce Manufacturing，以及生产各类升降作业设备的JLG工业公司。
CWH vs OSK — 直观对比
营收规模更大
OSK
是对方的2.0倍
$1.2B
营收增速更快
OSK
高出2.8%
-2.6%
净利率更高
OSK
高出11.2%
-9.3%
两年增速更快
CWH
近两年复合增速
-9.8%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $2.3B |
| 净利润 | $-109.1M | $43.1M |
| 毛利率 | 28.8% | 13.5% |
| 营业利润率 | -4.3% | 3.5% |
| 净利率 | -9.3% | 1.9% |
| 营收同比 | -2.6% | 0.2% |
| 净利润同比 | -83.3% | -61.6% |
| 每股收益（稀释后） | — | $0.68 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收CWHOSK
| Q1 26 | — | $2.3B | ||
| Q4 25 | $1.2B | $2.7B | ||
| Q3 25 | $1.8B | $2.7B | ||
| Q2 25 | $2.0B | $2.7B | ||
| Q1 25 | $1.4B | $2.3B | ||
| Q4 24 | $1.2B | $2.6B | ||
| Q3 24 | $1.7B | $2.7B | ||
| Q2 24 | $1.8B | $2.8B |
净利润CWHOSK
| Q1 26 | — | $43.1M | ||
| Q4 25 | $-109.1M | $133.8M | ||
| Q3 25 | $-40.4M | $196.2M | ||
| Q2 25 | $30.2M | $204.8M | ||
| Q1 25 | $-12.3M | $112.2M | ||
| Q4 24 | $-59.5M | $153.1M | ||
| Q3 24 | $5.5M | $180.3M | ||
| Q2 24 | $9.8M | $168.6M |
毛利率CWHOSK
| Q1 26 | — | 13.5% | ||
| Q4 25 | 28.8% | 15.8% | ||
| Q3 25 | 28.6% | 17.5% | ||
| Q2 25 | 30.0% | 19.2% | ||
| Q1 25 | 30.4% | 17.3% | ||
| Q4 24 | 31.3% | 17.2% | ||
| Q3 24 | 28.9% | 18.5% | ||
| Q2 24 | 30.3% | 19.2% |
营业利润率CWHOSK
| Q1 26 | — | 3.5% | ||
| Q4 25 | -4.3% | 7.9% | ||
| Q3 25 | 4.4% | 9.7% | ||
| Q2 25 | 6.6% | 10.7% | ||
| Q1 25 | 1.5% | 7.6% | ||
| Q4 24 | -1.3% | 8.6% | ||
| Q3 24 | 3.7% | 9.7% | ||
| Q2 24 | 5.3% | 9.2% |
净利率CWHOSK
| Q1 26 | — | 1.9% | ||
| Q4 25 | -9.3% | 5.0% | ||
| Q3 25 | -2.2% | 7.3% | ||
| Q2 25 | 1.5% | 7.5% | ||
| Q1 25 | -0.9% | 4.9% | ||
| Q4 24 | -4.9% | 5.9% | ||
| Q3 24 | 0.3% | 6.6% | ||
| Q2 24 | 0.5% | 5.9% |
每股收益（稀释后）CWHOSK
| Q1 26 | — | $0.68 | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $215.0M | $250.3M |
| 总债务越低越好 | $1.5B | $600.6M |
| 股东权益账面价值 | $228.6M | — |
| 总资产 | $5.0B | $10.0B |
| 负债/权益比越低杠杆越低 | 6.44× | — |
8季度趋势，按日历期对齐
现金及短期投资CWHOSK
| Q1 26 | — | $250.3M | ||
| Q4 25 | $215.0M | $479.8M | ||
| Q3 25 | $230.5M | $211.8M | ||
| Q2 25 | $118.1M | $191.7M | ||
| Q1 25 | $20.9M | $210.3M | ||
| Q4 24 | $208.4M | $204.9M | ||
| Q3 24 | $28.4M | $160.9M | ||
| Q2 24 | $23.7M | $141.4M |
总债务CWHOSK
| Q1 26 | — | $600.6M | ||
| Q4 25 | $1.5B | — | ||
| Q3 25 | $1.5B | — | ||
| Q2 25 | $1.5B | — | ||
| Q1 25 | $1.5B | — | ||
| Q4 24 | $1.5B | — | ||
| Q3 24 | $1.5B | $602.3M | ||
| Q2 24 | $1.5B | $599.1M |
股东权益CWHOSK
| Q1 26 | — | — | ||
| Q4 25 | $228.6M | $4.5B | ||
| Q3 25 | $296.2M | $4.5B | ||
| Q2 25 | $340.5M | $4.5B | ||
| Q1 25 | $310.5M | $4.2B | ||
| Q4 24 | $326.6M | $4.2B | ||
| Q3 24 | $151.6M | $4.1B | ||
| Q2 24 | $149.7M | $3.9B |
总资产CWHOSK
| Q1 26 | — | $10.0B | ||
| Q4 25 | $5.0B | $10.1B | ||
| Q3 25 | $5.0B | $9.8B | ||
| Q2 25 | $5.2B | $10.0B | ||
| Q1 25 | $5.1B | $9.8B | ||
| Q4 24 | $4.9B | $9.4B | ||
| Q3 24 | $4.7B | $9.9B | ||
| Q2 24 | $5.0B | $9.7B |
负债/权益比CWHOSK
| Q1 26 | — | — | ||
| Q4 25 | 6.44× | — | ||
| Q3 25 | 5.00× | — | ||
| Q2 25 | 4.42× | — | ||
| Q1 25 | 4.87× | — | ||
| Q4 24 | 4.64× | — | ||
| Q3 24 | 10.09× | 0.15× | ||
| Q2 24 | 10.28× | 0.15× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $-227.2M | — |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流CWHOSK
| Q1 26 | — | — | ||
| Q4 25 | $-227.2M | $600.1M | ||
| Q3 25 | $139.8M | $489.0M | ||
| Q2 25 | $187.9M | $89.2M | ||
| Q1 25 | $-232.5M | $-394.9M | ||
| Q4 24 | $-163.4M | $790.8M | ||
| Q3 24 | $324.2M | $326.1M | ||
| Q2 24 | $152.3M | $-211.0M |
自由现金流CWHOSK
| Q1 26 | — | — | ||
| Q4 25 | — | $540.3M | ||
| Q3 25 | — | $464.3M | ||
| Q2 25 | — | $48.6M | ||
| Q1 25 | — | $-435.2M | ||
| Q4 24 | — | $703.3M | ||
| Q3 24 | — | $272.2M | ||
| Q2 24 | — | $-250.5M |
自由现金流率CWHOSK
| Q1 26 | — | — | ||
| Q4 25 | — | 20.1% | ||
| Q3 25 | — | 17.3% | ||
| Q2 25 | — | 1.8% | ||
| Q1 25 | — | -18.8% | ||
| Q4 24 | — | 27.1% | ||
| Q3 24 | — | 9.9% | ||
| Q2 24 | — | -8.8% |
资本支出强度CWHOSK
| Q1 26 | — | — | ||
| Q4 25 | — | 2.2% | ||
| Q3 25 | — | 0.9% | ||
| Q2 25 | — | 1.5% | ||
| Q1 25 | — | 1.7% | ||
| Q4 24 | — | 3.4% | ||
| Q3 24 | — | 2.0% | ||
| Q2 24 | — | 1.4% |
现金转化率CWHOSK
| Q1 26 | — | — | ||
| Q4 25 | — | 4.49× | ||
| Q3 25 | — | 2.49× | ||
| Q2 25 | 6.22× | 0.44× | ||
| Q1 25 | — | -3.52× | ||
| Q4 24 | — | 5.17× | ||
| Q3 24 | 58.93× | 1.81× | ||
| Q2 24 | 15.59× | -1.25× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
CWH
| New Vehicles | $457.8M | 39% |
| Used Vehicles | $386.5M | 33% |
| Products Service And Other | $160.5M | 14% |
| Finance And Insurance Net | $111.4M | 9% |
| Good Sam Services And Plans | $48.0M | 4% |
| Good Sam Club | $10.5M | 1% |
OSK
暂无分部数据
