Camping World
Public
Camping World is the largest U.S. retailer of RVs, outdoor gear, and camping equipment, operating over 190 stores nationwide.
Founded
1966Camping World is the largest U.S. retailer of RVs, outdoor gear, and camping equipment, operating over 190 stores nationwide.
Camping World operates as the largest specialty retailer of recreational vehicles in the United States, offering new and used RVs across all major categories including motorhomes, travel trailers, fifth wheels, and toy haulers through approximately 196 retail locations. Each store provides an integrated experience combining RV sales, financing, parts and accessories, and certified service centers.
The Good Sam membership program provides roadside assistance, campground discounts at over 2,000 affiliated locations, RV insurance, extended service plans, and the Good Sam Rewards Visa card. Camping World also offers finance and insurance products through its F&I division including extended service plans, tire and wheel protection, and RV-specific coverage.
Camping World offers new and used recreational vehicles across all major categories, including motorhomes, travel trailers, fifth wheels, and toy haulers. The company also sells outdoor gear, camping equipment, RV parts, and accessories through its retail stores and online shop.
Complementing its retail business, Camping World provides RV service and maintenance, financing, insurance, and extended service contracts, and operates the Good Sam membership program for RV enthusiasts.
The North American RV market has demonstrated long-term secular growth driven by demographic tailwinds, including retiring baby boomers and younger buyers embracing outdoor lifestyles. Industry associations project sustained demand growth as the addressable market expands to first-time buyers attracted by the flexibility of RV travel compared to traditional vacations.
Camping World faces near-term headwinds from elevated interest rates that increase consumer financing costs and inventory normalization following the post-COVID demand surge. However, the company benefits from scale advantages, service revenue diversification, and Good Sam membership retention that provide resilience through the demand cycle.
Camping World Holdings generated approximately $6.4 billion in total revenue for 2025 and achieved record market share of approximately 13% in the U.S. RV retail segment. For full-year 2026, management has guided Adjusted EBITDA of $275 million to $325 million, citing vehicle unit growth, accelerating Good Sam expansion, and SG&A efficiency as priorities.
The company reduced its net debt leverage ratio from 8.1x to 5.7x in 2025 and repaid an additional $50 million of long-term debt in early 2026.
Camping World operates the largest network of RV dealerships in the United States, with approximately 196 locations across 42 states, providing unmatched geographic scale and post-sale service coverage compared to regional competitors. The Good Sam membership ecosystem, with over two million members, creates recurring revenue and loyalty independent of vehicle purchase cycles.
The company benefits from a vertically integrated model that captures revenue across the full RV ownership lifecycle, from initial vehicle purchase and financing through parts, accessories, service, insurance, and campground discounts. This integration combined with the Good Sam brand and national purchasing scale creates structural advantages that smaller regional dealers cannot replicate.
Camping World holds approximately 13% market share in U.S. RV retail, making it the largest specialty retailer in the segment. The company's Good Sam membership program, with millions of members, creates customer loyalty and recurring revenue from services including roadside assistance, travel insurance, and exclusive member discounts.
With approximately 196 store locations across the United States, Camping World offers unmatched geographic reach in the RV retail and service market.