Workhorse (WKHS) Debt Ratio (2010 - 2026)

Workhorse (WKHS) has reported Debt Ratio for 15 consecutive years, with 0.04 the latest figure, recorded in Q4 2025.

• In Q4 2025, Debt Ratio fell 97.54% year-over-year to 0.04; the TTM figure through Dec 2025 stood at 0.04 (down 97.54% YoY), while the FY2025 annual figure was 0.04, down 97.54% from the prior year.
• Debt Ratio declined to 0.04 in Q4 2025 per WKHS's latest filing, from 1.83 in the prior quarter.
• Across five years, Debt Ratio topped out at 1.83 in Q4 2024 and bottomed at 0.04 in Q4 2025.
• Historically, Debt Ratio has averaged 0.43 across 4 years, with a median of 0.12 in 2022.
• Annual changes were most pronounced in 2021 — Debt Ratio surged 1676.39% — and 2025, when it sank 97.54%.
• Workhorse's Debt Ratio stood at 0.11 in 2021, then advanced by 10.5% to 0.12 in 2022, then jumped by 1427.21% to 1.83 in 2024, then tumbled by 97.54% to 0.04 in 2025.
• Business Quant data shows WKHS's Debt Ratio at 0.04 in Q4 2025, 1.83 in Q4 2024, and 0.12 in Q1 2022.