Workhorse (WKHS) Debt Ratio (2010 - 2025)

Workhorse (WKHS) posted quarterly Debt Ratio of 0.04 for Q4 2025, down 97.54% year-over-year from 1.83 in Q4 2024, and down 97.54% quarter-over-quarter from 1.83 in Q4 2024.

Workhorse (WKHS) Debt Ratio (2010 - 2025) Analysis & Trends

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.
Generated on {Timestamp} © BusinessQuant.com
Generated on {Timestamp} Powered by BusinessQuant Logo

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Tesla 1,062.42 Bn 1,018.89 Bn 4.75 Bn 0.05
2 Toyota Motor 248.02 Bn 113.80 Bn 12.27 Bn 0.43
3 Honda Motor 127.13 Bn 92.93 Bn -34.06 Bn 0.40
4 Ford Motor 81.51 Bn 50.18 Bn 6.08 Bn 0.48
5 General Motors 78.38 Bn 53.66 Bn 7.33 Bn 0.12
6 Li Auto 26.25 Bn 12.80 Bn 262.11 Mn 0.07
7 Xpeng 23.13 Bn 20.59 Bn 388.90 Mn 0.12
8 Rivian Automotive 21.08 Bn 15.77 Bn 179.00 Mn 0.29
9 Stellantis 16.04 Bn -25.41 Bn 5.55 Bn 0.32
10 Workhorse 31.36 Mn 18.46 Mn 10.06 Mn 0.04

Historic Data

Download Data
DateValue
Dec 31, 2025 0.04
Dec 31, 2024 1.83
Mar 31, 2022 0.12
Dec 31, 2021 0.11
Sep 30, 2021 0.07
Jun 30, 2021 0.45
Mar 31, 2021 0.38
Dec 31, 2020 0.31
Sep 30, 2020 0.01
Jun 30, 2020 0.03
Mar 31, 2020 0.62
Dec 31, 2019 0.38
Sep 30, 2019 0.75
Jun 30, 2019 0.40
Mar 31, 2019 0.96
Dec 31, 2018 0.70
Sep 30, 2018 0.34
Jun 30, 2018 0.75
Mar 31, 2018 0.17
Dec 31, 2017 0.42