Workhorse Group Inc.(WKHS)Earnings, Financials & Key Ratios
WKHS•NASDAQ
$4.07
$36M mkt cap·Price updated May 6, 2026
AboutWorkhorse Group Inc., a technology company, engages in design, manufacture, and sale of zero-emission commercial vehicles in the United States. The company offers electric and range-extended medium-duty delivery trucks under the Workhorse brand; and HorseFly Unmanned Aerial System, a custom-designed purpose-built all-electric drone system. It also provides Metron, an air delivery application that tracks the performance of various the vehicles deployed. The company was formerly known as AMP Holding Inc. and changed its name to Workhorse Group Inc. in April 2015. Workhorse Group Inc. was founded in 2007 and is headquartered in Loveland, Ohio.Show more
- Revenue$7M-49.5%
- EBITDA-$66M+34.8%
- Net Income-$102M+17.9%
- EPS (Diluted)-51.69+65.4%
- Gross Margin-335.92%-74.2%
- EBITDA Margin-997.2%-29.0%
- Operating Margin-1116.73%-38.9%
- Net Margin-1538.46%-62.6%
- ROE-159.8%-23.6%
- ROIC-77.63%+48.0%
- Debt/Equity0.37+5.5%
- Interest Coverage-3.32+72.5%
WKHS Key Insights
Workhorse Group Inc. (WKHS) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Momentum leader: RS Rating 90 (top 10%)
- ✓Strong 5Y sales CAGR of 77.4%
- ✓Healthy 5Y average net margin of 9460.4%
- ✓Trading at only 0.2x book value
✗Weaknesses
- ✗Weak Piotroski F-Score: 2/9
- ✗Negative free cash flow
- ✗Low quality earnings: Net income not backed by cash flow
- ✗Shares diluted 100.0% in last year
- ✗Trading more than 30% below 52-week high
- ✗Low asset turnover indicates capital-intensive operations
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
WKHS Price & Volume
Workhorse Group Inc. (WKHS) stock price & volume — 10-year historical chart
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WKHS Growth Metrics
Workhorse Group Inc. (WKHS) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years43.6%
5 Years77.4%
3 Years-
TTM16.73%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM48.81%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM81.14%
Return on Capital
10 Years-221.14%
5 Years-69.66%
3 Years-96.62%
Last Year-107.87%
WKHS Peer Comparison
Workhorse Group Inc. (WKHS) competitors in Commercial vehicles and buses — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 RIVN | 17.92B | 14.49 | -4.72 | 8.39% | -63.62% | -69.6% | 1.45 | |
 BLNK | 98.22M | 0.86 | -0.44 | -11.16% | -118.72% | -131.92% | 0.09 | |
 UPS | 84.87B | 99.88 | 15.23 | -2.49% | 5.94% | 32.98% | 1.99 | |
 FDX | 88.69B | 377.19 | 22.44 | 0.27% | 4.88% | 15.76% | 1.33 | |
 AMZN | 2.96T | 274.95 | 38.35 | 12.38% | 12.22% | 23.34% | 0.37 | |
 PLUG | 4.61B | 3.31 | 12.9% | -229.83% | -124.41% | 19.75 | ||
 CHPT | 137.85M | 6.36 | -0.68 | -1.4% | -53.55% | -353.75% | 12.75 | |
 TSLA | 1.5T | 398.53 | 369.01 | -2.93% | 3.96% | 4.75% | 0.10 |
Compare WKHS vs Peers
Workhorse Group Inc. (WKHS) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
WKHS Income Statement
Workhorse Group Inc. (WKHS) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 6.41M | 10.85M | 763.17K | 376.56K | 1.39M | -851.92K | 5.02M | 13.09M | 6.62M | 10.62M |
| Revenue Growth % | 4482.65% | 69.08% | -92.96% | -50.66% | 269.8% | -161.18% | 689.62% | 160.69% | -49.47% | 16.73% |
| Cost of Goods Sold | 13.58M | 24.52M | 15.95M | 5.84M | 13.07M | 125.69M | 37.67M | 38.35M | 28.84M | 35.76M |
| COGS % of Revenue | 211.67% | 226.04% | 2090.43% | 1552.17% | 938.38% | -14753.56% | 749.99% | 292.87% | 435.92% | - |
| Gross Profit | -7.16M▲ 0% | -13.67M▼ 90.8% | -15.19M▼ 11.1% | -5.47M▲ 64.0% | -11.67M▼ 113.5% | -126.54M▼ 983.9% | -32.65M▲ 74.2% | -25.26M▲ 22.6% | -22.23M▲ 12.0% | -25.14M▲ 0% |
| Gross Margin % | -111.67% | -126.04% | -1990.43% | -1452.17% | -838.38% | 14853.56% | -649.99% | -192.87% | -335.92% | -236.75% |
| Gross Profit Growth % | -5217.49% | -90.84% | -11.12% | 64% | -113.49% | -983.9% | 74.2% | 22.65% | 12% | - |
| Operating Expenses | 12.35M | 28.39M | 18.88M | 18.4M | 29.31M | 58.57M | 96.43M | 80.04M | 51.66M | 34.2M |
| OpEx % of Revenue | 192.5% | 261.73% | 2473.51% | 4885.94% | 2104.57% | -6875.52% | 1919.81% | 611.26% | 780.81% | - |
| Selling, General & Admin | 6.2M | 10.33M | 11.49M | 0 | 0 | 0 | 73.22M | 54.67M | 42.51M | 8.63M |
| SG&A % of Revenue | 96.69% | 95.22% | 1504.96% | - | - | - | 1457.68% | 417.53% | 642.53% | - |
| Research & Development | 6.15M | 18.06M | 7.39M | 8.2M | 9.15M | 11.61M | 23.21M | 24.47M | 9.15M | 5.17M |
| R&D % of Revenue | 95.81% | 166.51% | 968.55% | 2177.35% | 657.01% | -1362.8% | 462.14% | 186.85% | 138.28% | - |
| Other Operating Expenses | 0 | 0 | 0 | 10.2M | 20.16M | 46.96M | 0 | 900K | 0 | 3M |
| Operating Income | 19.51M▲ 0% | 42.06M▲ 115.6% | -34.07M▼ 181.0% | -23.87M▲ 29.9% | -40.98M▼ 71.7% | -185.11M▼ 351.7% | -129.08M▲ 30.3% | -105.3M▲ 18.4% | -73.89M▲ 29.8% | -59.34M▲ 0% |
| Operating Margin % | 304.17% | 387.77% | -4463.94% | -6338.12% | -2942.95% | 21729.08% | -2569.8% | -804.13% | -1116.73% | -558.74% |
| Operating Income Growth % | 130.61% | 115.56% | -181% | 29.94% | -71.71% | -351.71% | 30.27% | 18.43% | 29.83% | - |
| EBITDA | 19.89M | 42.61M | -33.72M | -23.48M | -40.17M | -183.21M | -127.14M | -101.24M | -65.98M | -51.8M |
| EBITDA Margin % | 310.12% | 392.84% | -4418.29% | -6234.97% | -2884.81% | 21505.07% | -2531.07% | -773.1% | -997.2% | -487.79% |
| EBITDA Growth % | 125.24% | 114.18% | -179.14% | 30.37% | -71.1% | -356.06% | 30.6% | 20.37% | 34.83% | 39.78% |
| D&A (Non-Cash Add-back) | 381.82K | 549.97K | 348.34K | 388.4K | 809.64K | 1.91M | 1.95M | 4.06M | 7.91M | 7.53M |
| EBIT | -19.51M | -41.04M | -34.07M | -23.87M | -40.98M | -178.31M | -129.08M | -104.4M | -79.67M | -50.44M |
| Net Interest Income | -44.04K | -180.44K | -2.43M | -6.6M | -12.53M | -6.74M | -68.03K | -8.73M | -22.24M | -13.14M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 264.68K | 0 | 0 | 0 |
| Interest Expense | 44.04K | 180.44K | 2.43M | 6.6M | 12.53M | 6.74M | 332.71K | 8.73M | 22.24M | 13.14M |
| Other Income/Expense | -44.04K | -180.44K | -2.43M | -13.3M | 132.59M | -238.08M | 11.81M | -18.51M | -28.02M | -4.98M |
| Pretax Income | -19.56M▲ 0% | -42.24M▼ 116.0% | -36.5M▲ 13.6% | -37.16M▼ 1.8% | 91.61M▲ 346.5% | -423.19M▼ 561.9% | -117.27M▲ 72.3% | -123.81M▼ 5.6% | -101.91M▲ 17.7% | -64.31M▲ 0% |
| Pretax Margin % | -304.86% | -389.43% | -4782.97% | -9868.98% | 6578.76% | 49674.96% | -2334.71% | -945.48% | -1540.23% | -605.58% |
| Income Tax | 0 | 84.3M | 0 | 0 | 21.83M | -21.85M | 0 | 110.52K | -117.06K | 117.06K |
| Effective Tax Rate % | 0% | -199.57% | 0% | 0% | 23.83% | 5.16% | 0% | -0.09% | 0.11% | -0.18% |
| Net Income | -19.56M▲ 0% | -42.24M▼ 116.0% | -36.5M▲ 13.6% | -37.16M▼ 1.8% | 69.78M▲ 287.8% | -401.34M▼ 675.2% | -117.27M▲ 70.8% | -123.92M▼ 5.7% | -101.79M▲ 17.9% | -64.43M▲ 0% |
| Net Margin % | -304.86% | -389.43% | -4782.97% | -9868.98% | 5010.81% | 47110.51% | -2334.71% | -946.33% | -1538.46% | -606.69% |
| Net Income Growth % | -107.45% | -115.99% | 13.58% | -1.81% | 287.76% | -675.19% | 70.78% | -5.67% | 17.86% | 48.81% |
| Net Income (Continuing) | -19.56M | -41.22M | -36.5M | -37.16M | 69.78M | -401.34M | -117.27M | -123.92M | -101.79M | -64.43M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -195.00▲ 0% | -265.88▼ 36.3% | -184.94▲ 30.4% | -144.79▲ 21.7% | 174.53▲ 220.5% | -779.76▼ 546.8% | -184.89▲ 76.3% | -149.45▲ 19.2% | -51.69▲ 65.4% | -4.15▲ 0% |
| EPS Growth % | -41.82% | -36.35% | 30.44% | 21.71% | 220.54% | -546.78% | 76.29% | 19.17% | 65.41% | 81.14% |
| EPS (Basic) | -195.00 | -265.88 | -184.94 | -144.79 | 187.83 | -779.76 | -184.89 | -149.45 | -51.69 | - |
| Diluted Shares Outstanding | 100.81K | 155.02K | 201.51K | 257.26K | 399.8K | 514.7K | 634.3K | 829.17K | 1.97M | 15.54M |
| Basic Shares Outstanding | 100.81K | 155.02K | 201.51K | 257.26K | 371.49K | 514.7K | 634.3K | 829.17K | 1.97M | 15.54M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - |
WKHS Balance Sheet
Workhorse Group Inc. (WKHS) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 3.92M | 10.31M | 6.37M | 31.52M | 290.49M | 216.22M | 139.36M | 93.83M | 53.43M | 72.96M |
| Cash & Short-Term Investments | 469.57K | 4.07M | 1.51M | 23.87M | 46.82M | 201.65M | 99.28M | 25.85M | 4.12M | 12.73M |
| Cash Only | 469.57K | 4.07M | 1.51M | 23.87M | 46.82M | 201.65M | 99.28M | 25.85M | 4.12M | 12.73M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 727.1K | 1.06M | 48.27K | 41.02K | 1.04M | 149.78K | 17.08M | 4.47M | 1.08M | 1.15M |
| Days Sales Outstanding | 41.37 | 35.63 | 23.09 | 39.76 | 271.94 | -64.17 | 1.24K | 124.6 | 59.69 | 42.19 |
| Inventory | 2.46M | 4.24M | 2.53M | 1.8M | 15.47M | 10.07M | 8.85M | 45.41M | 41.84M | 30M |
| Days Inventory Outstanding | 66.26 | 63.07 | 57.97 | 112.29 | 432.04 | 29.24 | 85.75 | 432.17 | 529.48 | 372.27 |
| Other Current Assets | 0 | 0 | 0 | 1M | 226.4M | 1.96M | 505.4K | 10.91M | 1.84M | 29.08M |
| Total Non-Current Assets | 6.32M | 5.81M | 5.44M | 19.15M | 342.05M | 11.92M | 43.38M | 47.85M | 40.41M | 43.77M |
| Property, Plant & Equipment | 6M | 5.6M | 5.24M | 6.83M | 11.4M | 9.44M | 33.21M | 47.67M | 40.23M | 43.36M |
| Fixed Asset Turnover | 1.07x | 1.94x | 0.15x | 0.06x | 0.12x | -0.09x | 0.15x | 0.27x | 0.16x | 0.27x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 320.49K | 212K | 198.09K | 12.19M | 330.56M | 0 | 10M | 0 | 0 | 0 |
| Other Non-Current Assets | 0 | 0 | 0 | 129.18K | 94.7K | 2.48M | 176.31K | 176.31K | 176.31K | 1.43M |
| Total Assets | 10.24M▲ 0% | 16.12M▲ 57.4% | 11.8M▼ 26.8% | 50.67M▲ 329.3% | 632.54M▲ 1148.3% | 228.14M▼ 63.9% | 182.74M▼ 19.9% | 141.67M▼ 22.5% | 93.84M▼ 33.8% | 116.74M▲ 0% |
| Asset Turnover | 0.63x | 0.67x | 0.06x | 0.01x | 0.00x | -0.00x | 0.03x | 0.09x | 0.07x | 0.10x |
| Asset Growth % | -30.06% | 57.41% | -26.76% | 329.27% | 1148.26% | -63.93% | -19.9% | -22.47% | -33.76% | -23.05% |
| Total Current Liabilities | 4.33M | 7.16M | 18.92M | 37.28M | 17.6M | 27.55M | 63.31M | 53.28M | 45.24M | 60.43M |
| Accounts Payable | 3.12M | 5.66M | 4.34M | 1.68M | 4.79M | 7.85M | 10.24M | 12.46M | 11.51M | 11.23M |
| Days Payables Outstanding | 83.91 | 84.23 | 99.31 | 104.85 | 133.82 | 22.8 | 99.17 | 118.55 | 145.65 | 113.92 |
| Short-Term Debt | 79.52K | 381.5K | 1.34M | 19.62M | 1.41M | 0 | 0 | 20.18M | 10.49M | 29.83M |
| Deferred Revenue (Current) | 0 | 54.41K | 406K | 303K | 0 | 0 | 3.38M | 4.71M | 6.35M | 19.81M |
| Other Current Liabilities | 0 | 142.56K | 7.54M | 22.03M | 7.15M | 8.61M | 13.42M | 9.93M | 12.77M | 18.32M |
| Current Ratio | 0.90x | 1.44x | 0.34x | 0.85x | 16.51x | 7.85x | 2.20x | 1.76x | 1.18x | 1.18x |
| Quick Ratio | 0.33x | 0.85x | 0.20x | 0.80x | 15.63x | 7.48x | 2.06x | 0.91x | 0.26x | 0.26x |
| Cash Conversion Cycle | 23.72 | 14.47 | -18.25 | 47.2 | 570.15 | -57.73 | 1.23K | 438.22 | 443.52 | 300.53 |
| Total Non-Current Liabilities | 2.09M | 6.47M | 8.31M | 48.31M | 219.74M | 25.9M | 10.85M | 5.28M | 4.32M | 24.24M |
| Long-Term Debt | 2.09M | 6.47M | 8.31M | 19.4M | 197.7M | 24.7M | 0 | 0 | 0 | 19.09M |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 1.19M | 8.84M | 5.28M | 4.32M | 11.45M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 19.14M | 22.04M | 0 | 0 | 0 | -1 | 5.15M |
| Total Liabilities | 6.42M | 13.63M | 27.23M | 85.59M | 237.34M | 53.45M | 74.16M | 58.56M | 49.55M | 84.67M |
| Total Debt | 2.17M | 6.85M | 8.31M | 39.02M | 199.11M | 26.26M | 10.13M | 29.02M | 16.32M | 48.91M |
| Net Debt | 1.7M | 2.78M | 6.8M | 15.15M | 152.29M | -175.39M | -89.15M | 3.18M | 12.2M | 36.19M |
| Debt / Equity | 0.57x | 2.75x | - | - | 0.50x | 0.15x | 0.09x | 0.35x | 0.37x | 0.37x |
| Debt / EBITDA | 0.11x | 0.16x | - | - | - | - | - | - | - | -0.94x |
| Net Debt / EBITDA | 0.09x | 0.07x | - | - | - | - | - | - | - | -0.70x |
| Interest Coverage | 443.09x | 233.09x | -13.99x | -3.62x | -3.27x | -27.47x | -387.98x | -12.06x | -3.32x | -3.84x |
| Total Equity | 3.82M▲ 0% | 2.49M▼ 34.8% | -15.42M▼ 719.6% | -34.91M▼ 126.4% | 395.2M▲ 1232.0% | 174.69M▼ 55.8% | 108.59M▼ 37.8% | 83.11M▼ 23.5% | 44.29M▼ 46.7% | 32.07M▲ 0% |
| Equity Growth % | 200.89% | -34.79% | -719.59% | -126.38% | 1231.97% | -55.8% | -37.84% | -23.46% | -46.71% | -194.18% |
| Book Value per Share | 37.86 | 16.06 | -76.53 | -135.71 | 988.51 | 339.40 | 171.19 | 100.24 | 22.49 | 2.06 |
| Total Shareholders' Equity | 3.82M | 2.49M | -15.42M | -34.91M | 395.2M | 174.69M | 108.59M | 83.11M | 44.29M | 32.07M |
| Common Stock | 27.58K | 41.53K | 58.27K | 67.11K | 121.92K | 151.92K | 165.6K | 1.14K | 3.84K | 21.28K |
| Retained Earnings | -63.07M | -105.31M | -141.56M | -178.81M | -109.03M | -510.37M | -627.65M | -751.57M | -853.36M | -896.61M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -1.55M | -2.1M | -2.41M | -19.14M | 0 | -1.4M | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
WKHS Cash Flow Statement
Workhorse Group Inc. (WKHS) cash flow — operating, investing & free cash flow history
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -19.03M | -38.66M | -21.75M | -36.87M | -70.28M | -132.58M | -93.82M | -123.02M | -47.59M | -47.59M |
| Operating CF Margin % | -296.72% | -356.45% | -2850.49% | -9791.66% | -5046.89% | 15562.12% | -1867.75% | -939.49% | -719.28% | - |
| Operating CF Growth % | -131.55% | -103.12% | 43.73% | -69.49% | -90.6% | -88.64% | 29.23% | -31.13% | 61.32% | 169.57% |
| Net Income | -19.56M | -41.22M | -36.5M | -37.16M | 69.78M | -401.34M | -117.27M | -123.92M | -101.79M | -64.43M |
| Depreciation & Amortization | 381.82K | 549.97K | 348.34K | 388.4K | 809.64K | 1.91M | 1.95M | 4.06M | 7.91M | 7.53M |
| Stock-Based Compensation | 799.55K | 1.43M | 1.06M | 1.98M | 4.02M | 4.94M | 11.46M | 13.42M | 10.06M | 2.61M |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | -21.83M | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 78.92K | 0 | 4.43M | 6.84M | -129.25M | 337.17M | 22.06M | 26.48M | 30.89M | 16.56M |
| Working Capital Changes | -738.59K | 571.08K | 8.91M | -8.91M | -15.64M | -53.42M | -12.01M | -43.07M | 5.34M | 5.24M |
| Change in Receivables | -1.05M | -223.13K | 1.02M | 76.16K | -961.97K | 982.39K | -16.93M | -349.51K | 2.3M | -418.54K |
| Change in Inventory | -2.46M | -2.16M | -399.77K | 41.02K | -13.67M | -69.61M | -16.63M | -39.29M | -1.33M | 4.75M |
| Change in Payables | 2.45M | 3.09M | 2.34M | -3.5M | 5.5M | 11.83M | 33.68M | -2.23M | 4.7M | -588.39K |
| Cash from Investing | -528.1K | -143.35K | -18.42K | 1.65M | -5.73M | 99.81M | -20.02M | -18.69M | -4.06M | 19.43M |
| Capital Expenditures | -528.1K | -143.35K | -23.22K | -2M | -5.73M | -5.31M | -17.5M | -18.69M | -4.06M | -36.73K |
| CapEx % of Revenue | 8.23% | 1.32% | 3.04% | 531.25% | 411.35% | -623.79% | 348.33% | 142.71% | 61.43% | - |
| Acquisitions | 0 | 0 | 0 | 3.65M | 0 | 0 | -5M | 0 | 0 | 19.47M |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 4.8K | 0 | 0 | 0 | 7.48M | 0 | 0 | 0 |
| Cash from Financing | 12.35M | 42.41M | 19.22M | 58.57M | 292.37M | -6.82M | 11.47M | 78.28M | 20.45M | 48.01M |
| Debt Issued (Net) | -2.72M | 4.69M | 3.5M | 27.61M | 263.79M | 0 | -857.52K | 16.62M | 14.11M | 45.45M |
| Equity Issued (Net) | 0 | 0 | 1000K | 1000K | 1000K | -1000K | 1000K | 1000K | 1000K | 1.39M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | -4.43M | 0 | 0 | -178.59K | -7.54K |
| Other Financing | 15.08M | 37.72M | -702.16K | 35.31K | -25M | -2.39M | -559.64K | -495.38K | -825.06K | -801.67K |
| Net Change in Cash | -7.21M▲ 0% | 3.6M▲ 149.9% | -2.56M▼ 171.0% | 23.36M▲ 1013.5% | 216.36M▲ 826.4% | -39.58M▼ 118.3% | -102.37M▼ 158.6% | -63.43M▲ 38.0% | -31.2M▲ 50.8% | 34.96M▲ 0% |
| Free Cash Flow | -19.56M▲ 0% | -38.81M▼ 98.4% | -21.78M▲ 43.9% | -38.87M▼ 78.5% | -76.01M▼ 95.5% | -137.89M▼ 81.4% | -111.32M▲ 19.3% | -141.71M▼ 27.3% | -51.65M▲ 63.5% | -32.53M▲ 0% |
| FCF Margin % | -304.96% | -357.77% | -2853.53% | -10322.92% | -5458.24% | 16185.91% | -2216.08% | -1082.2% | -780.71% | -306.26% |
| FCF Growth % | -136.1% | -98.37% | 43.88% | -78.5% | -95.53% | -81.42% | 19.27% | -27.31% | 63.55% | 55.92% |
| FCF per Share | -194.06 | -250.32 | -108.07 | -151.10 | -190.11 | -267.90 | -175.49 | -170.91 | -26.23 | -26.23 |
| FCF Conversion (FCF/Net Income) | 0.97x | 0.92x | 0.60x | 0.99x | -1.01x | 0.33x | 0.80x | 0.99x | 0.47x | 0.50x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
WKHS Key Ratios
Workhorse Group Inc. (WKHS) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -115581.83% | -1339.63% | - | - | 38.73% | -140.85% | -82.8% | -129.29% | -159.8% | -198.1% |
| Return on Invested Capital (ROIC) | 282.45% | 584.75% | - | - | -11.65% | -50.78% | -1033.17% | -149.4% | -77.63% | -77.63% |
| Gross Margin | -111.67% | -126.04% | -1990.43% | -1452.17% | -838.38% | 14853.56% | -649.99% | -192.87% | -335.92% | -236.75% |
| Net Margin | -304.86% | -389.43% | -4782.97% | -9868.98% | 5010.81% | 47110.51% | -2334.71% | -946.33% | -1538.46% | -606.69% |
| Debt / Equity | 0.57x | 2.75x | - | - | 0.50x | 0.15x | 0.09x | 0.35x | 0.37x | 0.37x |
| Interest Coverage | 443.09x | 233.09x | -13.99x | -3.62x | -3.27x | -27.47x | -387.98x | -12.06x | -3.32x | -3.84x |
| FCF Conversion | 0.97x | 0.92x | 0.60x | 0.99x | -1.01x | 0.33x | 0.80x | 0.99x | 0.47x | 0.50x |
| Revenue Growth | 4482.65% | 69.08% | -92.96% | -50.66% | 269.8% | -161.18% | 689.62% | 160.69% | -49.47% | 16.73% |
WKHS Frequently Asked Questions
Workhorse Group Inc. (WKHS) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Workhorse Group Inc. (WKHS) reported $10.6M in revenue for fiscal year 2024.
Workhorse Group Inc. (WKHS) saw revenue decline by 49.5% over the past year.
Workhorse Group Inc. (WKHS) reported a net loss of $64.4M for fiscal year 2024.
Dividend & Returns
Workhorse Group Inc. (WKHS) has a return on equity (ROE) of -159.8%. Negative ROE indicates the company is unprofitable.
Workhorse Group Inc. (WKHS) had negative free cash flow of $32.5M in fiscal year 2024, likely due to heavy capital investments.
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