Workhorse (WKHS) Asset Utilization Ratio (2011 - 2025)

Workhorse (WKHS) has reported Asset Utilization Ratio for 15 consecutive years, with 0.18 the latest figure, recorded in Q4 2025.

• In Q4 2025, Asset Utilization Ratio rose 78.16% year-over-year to 0.18; the TTM figure through Dec 2025 stood at 0.18 (up 78.16% YoY), while the FY2025 annual figure was 0.27, up 247.24% from the prior year.
• Asset Utilization Ratio rose to 0.18 in Q4 2025 per WKHS's latest filing, from 0.1 in the prior quarter.
• Across five years, Asset Utilization Ratio topped out at 0.18 in Q4 2025 and bottomed at 0.0 in Q2 2022.
• Historically, Asset Utilization Ratio has averaged 0.06 across 5 years, with a median of 0.07 in 2023.
• Annual changes were most pronounced in 2022 — Asset Utilization Ratio plunged 75.8% — and 2023, when it surged 3762.28%.
• Workhorse's Asset Utilization Ratio stood at 0.01 in 2021, then surged by 270.6% to 0.03 in 2022, then jumped by 248.19% to 0.09 in 2023, then gained by 11.59% to 0.1 in 2024, then surged by 78.16% to 0.18 in 2025.
• Business Quant data shows WKHS's Asset Utilization Ratio at 0.18 in Q4 2025, 0.1 in Q3 2025, and 0.1 in Q2 2025.