Workhorse (WKHS) Return on Capital Employed (2011 - 2025)
Workhorse (WKHS) posted quarterly Return on Capital Employed of 60.46% for Q4 2025, down 61096.0% YoY from N/an in Q4 2024, and down 7.38% sequentially from 56.31% in Q3 2025.
Workhorse (WKHS) Return on Capital Employed (2011 - 2025) Analysis & Trends
Workhorse has disclosed Return on Capital Employed across 13 years of filings, most recently posting 60.46% for Q4 2025.
- In Q4 2025, Return on Capital Employed fell 61096.0% year-over-year to 60.46%; the TTM figure through Dec 2025 stood at 60.46% (down 61096.0% YoY), while the FY2025 annual figure was 122.27%, up 20513.0% from the prior year.
- Return on Capital Employed retreated to 60.46% in Q4 2025, from 56.31% in the prior quarter.
- Over the last five years, Return on Capital Employed for WKHS reached as high as 772.18% in Q1 2025 and fell as low as 173.96% in Q3 2024.
- The 5-year median for Return on Capital Employed is 88.08% (2022), against an average of 15.9%.
- The widest YoY moves for Return on Capital Employed: up 89198 bps in 2025, down 61096 bps in 2025.
- A 5-year view of Return on Capital Employed shows it stood at 72.04% in 2021, then plunged by 39 bps to 100.06% in 2022, then declined by 16 bps to 116.09% in 2023, then surged by 574 bps to 550.5% in 2024, then slumped by 111 bps to 60.46% in 2025.
- According to Business Quant data, Return on Capital Employed over the past three periods registered 60.46%, 56.31%, and 71.99% for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,375.42 Bn | 1,330.73 Bn | 4.72 Bn | 4.59% |
| 2 | Ford Motor | 78.30 Bn | 47.85 Bn | 7.94 Bn | -4.00% |
| 3 | General Motors | 68.82 Bn | 46.43 Bn | 4.32 Bn | 1.33% |
| 4 | Xpeng | 40.80 Bn | 38.26 Bn | 388.90 Mn | -7.49% |
| 5 | Rivian Automotive | 21.46 Bn | 16.65 Bn | 119.00 Mn | -34.04% |
| 6 | Li Auto | 12.40 Bn | -965.30 Mn | 262.11 Mn | -4.13% |
| 7 | Nio | 12.31 Bn | 9.20 Bn | 704.43 Mn | 28.34% |
| 8 | VinFast Auto | 7.23 Bn | 91,500.01 Bn | -17,004.89 Bn | -964.18% |
| 9 | Lucid | 2.18 Bn | 1.48 Bn | -311.71 Mn | -72.50% |
| 10 | Workhorse | 27.86 Mn | 27.86 Mn | 10.06 Mn | -60.46% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -60.46% |
| Sep 30, 2025 | -56.31% |
| Jun 30, 2025 | -71.99% |
| Mar 31, 2025 | 772.18% |
| Dec 31, 2024 | 550.50% |
| Sep 30, 2024 | -173.96% |
| Jun 30, 2024 | -147.90% |
| Mar 31, 2024 | -119.80% |
| Dec 31, 2023 | -116.09% |
| Sep 30, 2023 | -80.65% |
| Jun 30, 2023 | -113.38% |
| Mar 31, 2023 | -115.31% |
| Dec 31, 2022 | -100.06% |
| Sep 30, 2022 | -154.73% |
| Jun 30, 2022 | -102.50% |
| Mar 31, 2022 | -95.52% |
| Dec 31, 2021 | -72.04% |
| Sep 30, 2021 | -36.62% |
| Jun 30, 2021 | -14.41% |
| Mar 31, 2021 | -8.97% |