Last 46 quarters of trend data · Consumer Cyclical · Auto - Manufacturers
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
| Metric | TTM | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | -0.08 | — | — | — | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | |
| P/S Ratio | 5.41 | 1.79 | 0.43 | 3.16 | 2.23 | 2.22 | 8.79 | 13.25 | 5.84 | 7.38 | 10.20 | 32.82 | 17.96 |
| — | -19.2% | -95.1% | -76.1% | -61.8% | -70.0% | -13.8% | -59.6% | -67.5% | -90.1% | -99.9% | -99.8% | — | |
| P/B Ratio | 0.18 | 0.53 | 0.43 | 0.26 | 0.39 | 0.47 | 0.50 | 1.05 | 1.24 | 0.79 | 1.51 | 2.12 | 2.28 |
| — | +13.2% | -14.0% | -75.5% | -68.7% | -40.6% | -66.5% | -50.4% | -45.7% | -77.4% | -40.3% | -56.4% | -39.9% | |
| P/FCF | — | — | — | — | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | |
| EV / EBITDA | — | — | — | — | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | |
| EV / EBIT | — | — | — | — | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Workhorse Group Inc.'s operating margin was -694.2% in Q3 2025, down 438.9 pp QoQ and down 129.6 pp YoY. The trailing four-quarter average of -939.0% lags the current quarter, suggesting the recent improvement is above-trend. Gross margin contracted 96.3% YoY, suggesting cost inflation or competitive pricing pressure.
| Metric | TTM | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | -335.9% | -323.2% | -130.2% | -705.8% | -287.3% | -164.7% | -766.7% | -455.7% | -309.4% | -116.5% | -112.5% | -214.6% | -515.3% |
| — | -96.3% | +83.0% | -54.9% | +7.1% | -41.3% | -581.7% | -112.3% | +40.0% | +77.3% | +99.5% | +99.2% | -110.8% | |
| Operating Margin | -1116.7% | -694.2% | -255.3% | -2002.9% | -803.9% | -564.5% | -2435.6% | -1771.6% | -798.2% | -695.3% | -593.1% | -1508.7% | -1141.1% |
| — | -23.0% | +89.5% | -13.1% | -0.7% | +18.8% | -310.7% | -17.4% | +30.1% | +78.0% | +99.6% | +98.9% | -118.9% | |
| Net Margin | -1538.5% | -328.2% | -260.7% | -3221.0% | -1100.3% | -1001.5% | -3124.3% | -2177.0% | -1027.1% | -1011.9% | -580.3% | -1476.2% | -1121.2% |
| — | +67.2% | +91.7% | -48.0% | -7.1% | +1.0% | -438.4% | -47.5% | +8.4% | +55.7% | +99.7% | +99.0% | -114.4% |
| Metric | TTM | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -159.8% | -28.8% | -55.0% | -54.6% | -46.3% | -47.5% | -41.8% | -38.7% | -46.2% | -27.8% | -21.7% | -23.4% | -32.2% |
| — | +39.4% | -31.7% | -40.8% | -0.1% | -70.5% | -92.5% | -65.3% | -43.4% | -16.0% | -64.0% | -75.8% | +67.4% | |
| ROA | -86.4% | -7.2% | -13.8% | -19.7% | -21.7% | -24.3% | -24.0% | -22.8% | -31.4% | -19.0% | -12.8% | -13.7% | -20.1% |
| — | +70.2% | +42.7% | +13.6% | +31.0% | -28.2% | -86.9% | -66.2% | -56.4% | -5.1% | -21.5% | -36.2% | +63.4% | |
| ROIC | -77.6% | -18.7% | -15.1% | -14.2% | -19.1% | -15.6% | -20.8% | -21.8% | -31.1% | -22.9% | -39.1% | -69.7% | -146.0% |
| — | -19.4% | +27.5% | +35.0% | +38.6% | +31.8% | +46.9% | +68.7% | +78.7% | +82.9% | +31.0% | +50.2% | +27.2% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
| Metric | TTM | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.37 | 1.53 | 1.99 | 1.61 | 0.37 | 0.44 | 0.30 | 0.24 | 0.35 | 0.08 | 0.09 | 0.09 | 0.09 |
| — | +245.8% | +559.3% | +566.4% | +5.5% | +439.4% | +239.5% | +157.8% | +274.5% | +9.1% | +46.0% | -55.2% | -38.0% | |
| Debt / EBITDA | — | — | — | — | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | |
| Current Ratio | 1.18 | 1.21 | 0.87 | 0.96 | 1.18 | 1.16 | 1.43 | 1.59 | 1.76 | 3.78 | 2.14 | 2.04 | 2.20 |
| — | +4.2% | -39.2% | -39.2% | -32.9% | -69.3% | -33.3% | -22.2% | -20.0% | +39.8% | -77.0% | -76.8% | -72.0% | |
| Quick Ratio | 0.26 | 0.71 | 0.42 | 0.45 | 0.26 | 0.29 | 0.31 | 0.38 | 0.91 | 2.20 | 1.54 | 1.70 | 2.06 |
| — | +146.8% | +35.3% | +18.2% | -71.8% | -86.9% | -79.8% | -77.6% | -55.9% | -12.3% | -82.0% | -79.2% | -72.5% | |
| Interest Coverage | -3.32 | -98.60 | -24.86 | -2.44 | -2.17 | -1.70 | -3.98 | -4.37 | -3.45 | — | — | — | -148.63 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 46 years · Updated daily
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Workhorse Group Inc.'s current P/E is -0.1x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Workhorse Group Inc.'s current operating margin is -1116.7%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Workhorse Group Inc.'s business trajectory between earnings reports.