Workhorse (WKHS) FCF Margin (2011 - 2025)
Workhorse's FCF Margin was -89.43% in Q4 2025, down 141.64 percentage points from 52.21% a year earlier but up 37.63 percentage points from the prior quarter.
Powered by 
Analysis
Workhorse (WKHS) FCF Margin (2011 - 2025) Analysis & Trends
For FY2025, FCF Margin at Workhorse came in at -170.68%, up 438.56 percentage points from FY2024.
- FCF Margin has now increased for four consecutive years, with a five-year change of +5287.56 percentage points (FY2020 to FY2025).
- In earlier years, FCF Margin was -609.24% in FY2024 (+472.96 pp), -1082.20% in FY2023 (+1133.88 pp), -2216.08% in FY2022 (+13969.82 pp) and -16185.91% in FY2021 (-10727.66 pp).
- Quarterly FCF Margin has moved between -240144.92% (Q1 2022) and 52.21% (Q4 2024) over five years.
- Compared with a year earlier, FCF Margin was higher in five of the last eight quarters, with an average year-over-year change of +216.83 percentage points.
- The best year-over-year quarter for FCF Margin over five years was Q1 2023 (a gain of 237891.83 percentage points); the worst was Q1 2022 (a drop of 233203.61 percentage points).
- Per Business Quant data, WKHS's FCF Margin in the three quarters before Q4 2025 was -127.06% (Q3 2025), -1835.48% (Q2 2025) and -1282.19% (Q1 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,157.07 Bn | 991.62 Bn | 4.75 Bn | -3.87% |
| 2 | Toyota Motor | 254.94 Bn | -151.80 Bn | 20.95 Bn | 3.97% |
| 3 | Ferrari | 147.58 Bn | 140.03 Bn | 1.18 Bn | 22.52% |
| 4 | Honda Motor | 147.32 Bn | 14.70 Bn | 8.46 Bn | 14.39% |
| 5 | General Motors | 70.77 Bn | -34.10 Bn | 7.33 Bn | 9.19% |
| 6 | Ford Motor | 48.49 Bn | -93.97 Bn | 6.08 Bn | 4.06% |
| 7 | Rivian Automotive | 20.14 Bn | -3.15 Bn | 179.00 Mn | -51.21% |
| 8 | Magna International | 18.12 Bn | 15.68 Bn | 1.61 Bn | 11.14% |
| 9 | Stellantis | 13.39 Bn | -152.61 Bn | 5.55 Bn | -2.55% |
| 10 | Workhorse | 28.13 Mn | 28.13 Mn | -7.47 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | -89.43% |
| Sep 30, 2025 | -127.06% |
| Jun 30, 2025 | -1,835.48% |
| Mar 31, 2025 | -1,282.19% |
| Dec 31, 2024 | 52.21% |
| Sep 30, 2024 | -411.22% |
| Jun 30, 2024 | -1,523.37% |
| Mar 31, 2024 | -1,567.19% |
| Dec 31, 2023 | -672.61% |
| Sep 30, 2023 | -1,182.12% |
| Jun 30, 2023 | -961.03% |
| Mar 31, 2023 | -2,253.09% |
| Dec 31, 2022 | -1,033.45% |
| Sep 30, 2022 | -940.52% |
| Jun 30, 2022 | -213,324.76% |
| Mar 31, 2022 | -240,144.92% |
| Sep 30, 2021 | -5,081.93% |
| Jun 30, 2021 | -4,022.06% |
| Mar 31, 2021 | -6,941.31% |
| Dec 31, 2020 | -5,636.42% |
API Access
Workhorse FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=WKHS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "WKHS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=WKHS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();