Workhorse (WKHS) Equity Ratio (2010 - 2025)

Workhorse (WKHS) reported Equity Ratio of 0.37 for Q4 2025, up 133.46% year-over-year from 0.16 in Q4 2024, and up 32.89% quarter-over-quarter from 0.27 in Q3 2025.

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

Workhorse (WKHS) has 16 years of Equity Ratio data on file, last reported at 0.37 in Q4 2025.

  • Equity Ratio for Q4 2025 came in at 0.37, up 133.46% year-over-year; the trailing twelve-month figure through Dec 2025 was 0.37 (up 133.46% YoY), and the FY2025 annual result was 0.37, up 133.46% from the prior year.
  • Equity Ratio rose to 0.37 in Q4 2025 per WKHS's latest filing, from 0.27 in the prior quarter.
  • Over five years, Equity Ratio peaked at 0.86 in Q2 2022 and troughed at 1.09 in Q4 2024.
  • A 5-year average of 0.42 and a median of 0.57 in 2021 frame the typical range for Equity Ratio.
  • The sharpest annual moves came in 2021 and 2024: Equity Ratio surged 508.67% in 2021, then slumped 177.87% in 2024.
  • A 5-year view of Equity Ratio shows it stood at 0.77 in 2021, then slipped by 22.4% to 0.59 in 2022, then slumped by 166.09% to 0.39 in 2023, then sank by 177.87% to 1.09 in 2024, then soared by 133.46% to 0.37 in 2025.
  • Business Quant data shows WKHS's Equity Ratio at 0.37 in Q4 2025, 0.27 in Q3 2025, and 0.23 in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 Tesla 1,264.49 Bn 1,219.81 Bn 4.72 Bn 0.59
2 Toyota Motor 448.54 Bn 321.13 Bn 9.14 Bn 0.38
3 General Motors 74.80 Bn 52.42 Bn 4.32 Bn 0.22
4 Ferrari 71.95 Bn 70.15 Bn 1.09 Bn 0.41
5 Ford Motor 59.47 Bn 29.01 Bn 7.94 Bn 0.13
6 Rivian Automotive 20.42 Bn 15.62 Bn 119.00 Mn 0.31
7 China Yuchai International 16.65 Bn 15.59 Bn 317.01 Mn 0.30
8 VinFast Auto 7.51 Bn 10.51 Bn -15,731.99 Bn -0.95
9 Digital Currency X Technology 5.68 Bn 5.68 Bn - 0.18
10 Workhorse 31.08 Mn 31.08 Mn 10.06 Mn 0.37

Historic Data

Download Data
DateValue
Dec 31, 2025 0.37
Sep 30, 2025 0.27
Jun 30, 2025 0.23
Mar 31, 2025 0.27
Dec 31, 2024 -1.09
Sep 30, 2024 0.47
Jun 30, 2024 0.56
Mar 31, 2024 0.59
Dec 31, 2023 -0.39
Sep 30, 2023 0.77
Jun 30, 2023 0.61
Mar 31, 2023 0.58
Dec 31, 2022 0.59
Sep 30, 2022 0.65
Jun 30, 2022 0.86
Mar 31, 2022 0.75
Dec 31, 2021 0.77
Sep 30, 2021 0.41
Jun 30, 2021 0.50
Mar 31, 2021 0.57