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
DateValue
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%