Workhorse (WKHS) Asset Utilization Ratio (2011 - 2025)
Workhorse (WKHS) reported Asset Utilization Ratio of 0.18 for Q4 2025, up 78.16% year-over-year from 0.1 in Q4 2024, and up 76.74% quarter-over-quarter from 0.1 in Q3 2025.
Workhorse (WKHS) Asset Utilization Ratio (2011 - 2025) Analysis & Trends
Workhorse (WKHS) has 15 years of Asset Utilization Ratio data on file, last reported at 0.18 in Q4 2025.
- Asset Utilization Ratio for Q4 2025 came in at 0.18, up 78.16% year-over-year; the trailing twelve-month figure through Dec 2025 was 0.18 (up 78.16% YoY), and the FY2025 annual result was 0.27, up 247.24% from the prior year.
- Asset Utilization Ratio advanced to 0.18 in Q4 2025 per WKHS's latest filing, from 0.1 in the prior quarter.
- Over five years, Asset Utilization Ratio peaked at 0.18 in Q4 2025 and troughed at 0.0 in Q2 2022.
- A 5-year average of 0.06 and a median of 0.07 in 2023 frame the typical range for Asset Utilization Ratio.
- The sharpest annual moves came in 2022 and 2023: Asset Utilization Ratio plunged 75.8% in 2022, then surged 3762.28% in 2023.
- A 5-year view of Asset Utilization Ratio shows it stood at 0.01 in 2021, then jumped by 270.6% to 0.03 in 2022, then soared by 248.19% to 0.09 in 2023, then rose by 11.59% to 0.1 in 2024, then jumped 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,264.49 Bn | 1,219.81 Bn | 4.72 Bn | 0.70 |
| 2 | Toyota Motor | 448.54 Bn | 321.13 Bn | 9.14 Bn | 0.46 |
| 3 | General Motors | 74.80 Bn | 52.42 Bn | 4.32 Bn | 0.61 |
| 4 | Ferrari | 71.95 Bn | 70.15 Bn | 1.09 Bn | 0.72 |
| 5 | Ford Motor | 59.47 Bn | 29.01 Bn | 7.94 Bn | 0.66 |
| 6 | Rivian Automotive | 20.42 Bn | 15.62 Bn | 119.00 Mn | 0.38 |
| 7 | China Yuchai International | 16.65 Bn | 15.59 Bn | 317.01 Mn | 1.32 |
| 8 | VinFast Auto | 7.51 Bn | 10.51 Bn | -15,731.99 Bn | 0.99 |
| 9 | Digital Currency X Technology | 5.68 Bn | 5.68 Bn | - | - |
| 10 | Workhorse | 31.08 Mn | 31.08 Mn | 10.06 Mn | 0.18 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 0.18 |
| Sep 30, 2025 | 0.10 |
| Jun 30, 2025 | 0.10 |
| Mar 31, 2025 | 0.08 |
| Dec 31, 2024 | 0.10 |
| Sep 30, 2024 | 0.09 |
| Jun 30, 2024 | 0.09 |
| Mar 31, 2024 | 0.10 |
| Dec 31, 2023 | 0.09 |
| Sep 30, 2023 | 0.08 |
| Jun 30, 2023 | 0.06 |
| Mar 31, 2023 | 0.04 |
| Dec 31, 2022 | 0.03 |
| Sep 30, 2022 | 0.01 |
| Jun 30, 2022 | 0.00 |
| Mar 31, 2022 | 0.01 |
| Dec 31, 2021 | 0.01 |
| Sep 30, 2021 | 0.01 |
| Jun 30, 2021 | 0.01 |
| Mar 31, 2021 | 0.00 |