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| Date | Value |
|---|---|
| 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 |