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

Workhorse has disclosed Asset Utilization Ratio across 15 years of filings, most recently posting 0.18 for 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 improved to 0.18 in Q4 2025, from 0.1 in the prior quarter.
• Over the last five years, Asset Utilization Ratio for WKHS reached as high as 0.18 in Q4 2025 and fell as low as 0.0 in Q2 2022.
• The 5-year median for Asset Utilization Ratio is 0.07 (2023), against an average of 0.06.
• Annual changes were most pronounced in 2022 — Asset Utilization Ratio slumped 75.8% — and 2023, when it surged 3762.28%.
• 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.
• According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.18, 0.1, and 0.1 for Q4 2025, Q3 2025, and Q2 2025 respectively.