vs
Camping World Holdings, Inc.（CWH）与RANGE RESOURCES CORP（RRC）财务数据对比。点击上方公司名可切换其他公司
Camping World Holdings, Inc.的季度营收约是RANGE RESOURCES CORP的1.5倍（$1.2B vs $786.9M），RANGE RESOURCES CORP净利率更高（22.8% vs -9.3%，领先32.1%），RANGE RESOURCES CORP同比增速更快（18.0% vs -2.6%），过去两年RANGE RESOURCES CORP的营收复合增速更高（14.6% vs -7.2%）
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。
Range Resources Corporation是一家总部位于美国得克萨斯州沃斯堡的天然气勘探开采企业，核心运营区域为马塞勒斯页岩地层，是该地区拥有土地面积最大的运营商，专注于天然气资源的勘探、开发与生产业务，在北美油气开发领域具备深厚的行业积累。
CWH vs RRC — 直观对比
营收规模更大
CWH
是对方的1.5倍
$786.9M
营收增速更快
RRC
高出20.5%
-2.6%
净利率更高
RRC
高出32.1%
-9.3%
两年增速更快
RRC
近两年复合增速
-7.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $786.9M |
| 净利润 | $-109.1M | $179.1M |
| 毛利率 | 28.8% | 94.5% |
| 营业利润率 | -4.3% | — |
| 净利率 | -9.3% | 22.8% |
| 营收同比 | -2.6% | 18.0% |
| 净利润同比 | -83.3% | 88.8% |
| 每股收益（稀释后） | — | $0.75 |
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CWHRRC
| Q4 25 | $1.2B | $786.9M | ||
| Q3 25 | $1.8B | $655.3M | ||
| Q2 25 | $2.0B | $699.6M | ||
| Q1 25 | $1.4B | $846.3M | ||
| Q4 24 | $1.2B | $667.0M | ||
| Q3 24 | $1.7B | $567.9M | ||
| Q2 24 | $1.8B | $513.2M | ||
| Q1 24 | $1.4B | $598.8M |
净利润CWHRRC
| Q4 25 | $-109.1M | $179.1M | ||
| Q3 25 | $-40.4M | $144.3M | ||
| Q2 25 | $30.2M | $237.6M | ||
| Q1 25 | $-12.3M | $97.1M | ||
| Q4 24 | $-59.5M | $94.8M | ||
| Q3 24 | $5.5M | $50.7M | ||
| Q2 24 | $9.8M | $28.7M | ||
| Q1 24 | $-22.3M | $92.1M |
毛利率CWHRRC
| Q4 25 | 28.8% | 94.5% | ||
| Q3 25 | 28.6% | 92.5% | ||
| Q2 25 | 30.0% | 95.0% | ||
| Q1 25 | 30.4% | 93.1% | ||
| Q4 24 | 31.3% | 93.7% | ||
| Q3 24 | 28.9% | 94.3% | ||
| Q2 24 | 30.3% | 93.4% | ||
| Q1 24 | 29.5% | 94.7% |
营业利润率CWHRRC
| Q4 25 | -4.3% | — | ||
| Q3 25 | 4.4% | — | ||
| Q2 25 | 6.6% | — | ||
| Q1 25 | 1.5% | — | ||
| Q4 24 | -1.3% | — | ||
| Q3 24 | 3.7% | — | ||
| Q2 24 | 5.3% | — | ||
| Q1 24 | 0.3% | — |
净利率CWHRRC
| Q4 25 | -9.3% | 22.8% | ||
| Q3 25 | -2.2% | 22.0% | ||
| Q2 25 | 1.5% | 34.0% | ||
| Q1 25 | -0.9% | 11.5% | ||
| Q4 24 | -4.9% | 14.2% | ||
| Q3 24 | 0.3% | 8.9% | ||
| Q2 24 | 0.5% | 5.6% | ||
| Q1 24 | -1.6% | 15.4% |
每股收益（稀释后）CWHRRC
| Q4 25 | — | $0.75 | ||
| Q3 25 | — | $0.60 | ||
| Q2 25 | — | $0.99 | ||
| Q1 25 | — | $0.40 | ||
| Q4 24 | — | $0.38 | ||
| Q3 24 | — | $0.21 | ||
| Q2 24 | — | $0.12 | ||
| Q1 24 | — | $0.38 |
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 | $204.0K |
| 总债务越低越好 | $1.5B | $1.2B |
| 股东权益账面价值 | $228.6M | $4.3B |
| 总资产 | $5.0B | $7.4B |
| 负债/权益比越低杠杆越低 | 6.44× | 0.28× |
8季度趋势，按日历期对齐
现金及短期投资CWHRRC
| Q4 25 | $215.0M | $204.0K | ||
| Q3 25 | $230.5M | $175.0K | ||
| Q2 25 | $118.1M | $134.0K | ||
| Q1 25 | $20.9M | $344.6M | ||
| Q4 24 | $208.4M | $304.5M | ||
| Q3 24 | $28.4M | $277.4M | ||
| Q2 24 | $23.7M | $251.1M | ||
| Q1 24 | $29.7M | $343.1M |
总债务CWHRRC
| Q4 25 | $1.5B | $1.2B | ||
| Q3 25 | $1.5B | $1.2B | ||
| Q2 25 | $1.5B | $1.2B | ||
| Q1 25 | $1.5B | $1.7B | ||
| Q4 24 | $1.5B | $1.7B | ||
| Q3 24 | $1.5B | $1.7B | ||
| Q2 24 | $1.5B | $1.7B | ||
| Q1 24 | $1.6B | $1.8B |
股东权益CWHRRC
| Q4 25 | $228.6M | $4.3B | ||
| Q3 25 | $296.2M | $4.2B | ||
| Q2 25 | $340.5M | $4.1B | ||
| Q1 25 | $310.5M | $3.9B | ||
| Q4 24 | $326.6M | $3.9B | ||
| Q3 24 | $151.6M | $3.9B | ||
| Q2 24 | $149.7M | $3.9B | ||
| Q1 24 | $142.8M | $3.8B |
总资产CWHRRC
| Q4 25 | $5.0B | $7.4B | ||
| Q3 25 | $5.0B | $7.2B | ||
| Q2 25 | $5.2B | $7.1B | ||
| Q1 25 | $5.1B | $7.4B | ||
| Q4 24 | $4.9B | $7.3B | ||
| Q3 24 | $4.7B | $7.2B | ||
| Q2 24 | $5.0B | $7.3B | ||
| Q1 24 | $5.1B | $7.4B |
负债/权益比CWHRRC
| Q4 25 | 6.44× | 0.28× | ||
| Q3 25 | 5.00× | 0.29× | ||
| Q2 25 | 4.42× | 0.29× | ||
| Q1 25 | 4.87× | 0.43× | ||
| Q4 24 | 4.64× | 0.43× | ||
| Q3 24 | 10.09× | 0.44× | ||
| Q2 24 | 10.28× | 0.44× | ||
| Q1 24 | 11.00× | 0.46× |
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 | $257.5M |
| 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 | — | 1.44× |
| 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CWHRRC
| Q4 25 | $-227.2M | $257.5M | ||
| Q3 25 | $139.8M | $247.5M | ||
| Q2 25 | $187.9M | $336.2M | ||
| Q1 25 | $-232.5M | $330.1M | ||
| Q4 24 | $-163.4M | $217.9M | ||
| Q3 24 | $324.2M | $245.9M | ||
| Q2 24 | $152.3M | $148.8M | ||
| Q1 24 | $-68.0M | $331.9M |
现金转化率CWHRRC
| Q4 25 | — | 1.44× | ||
| Q3 25 | — | 1.72× | ||
| Q2 25 | 6.22× | 1.42× | ||
| Q1 25 | — | 3.40× | ||
| Q4 24 | — | 2.30× | ||
| Q3 24 | 58.93× | 4.85× | ||
| Q2 24 | 15.59× | 5.18× | ||
| Q1 24 | — | 3.60× |
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% |
RRC
| Natural Gas Natural Gas Liquids And Oil Sales | $745.5M | 95% |
| Brokered Natural Gas And Marketing | $41.3M | 5% |
