Workhorse (WKHS) Return on Capital Employed (2016 - 2025)
Workhorse (WKHS) posted quarterly Return on Capital Employed of 60.46% for Q4 2025, down 61096.0% year-over-year from N/an in Q4 2024, and down 7.38% quarter-over-quarter from 56.31% in Q3 2025.
Workhorse (WKHS) Return on Capital Employed (2016 - 2025) Analysis & Trends
Workhorse (WKHS) has reported Return on Capital Employed for 10 consecutive years, with 60.46% the latest figure, recorded in 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 slipped to 60.46% in Q4 2025 per WKHS's latest filing, from 56.31% in the prior quarter.
- Across five years, Return on Capital Employed topped out at 772.18% in Q1 2025 and bottomed at 173.96% in Q3 2024.
- Historically, Return on Capital Employed has averaged 15.9% across 5 years, with a median of 88.08% in 2022.
- On a YoY basis, Return on Capital Employed climbed as much as 89198 bps in 2025 and fell as far as 61096 bps in 2025.
- Workhorse's Return on Capital Employed stood at 72.04% in 2021, then tumbled by 39 bps to 100.06% in 2022, then fell by 16 bps to 116.09% in 2023, then soared by 574 bps to 550.5% in 2024, then sank by 111 bps to 60.46% in 2025.
- Business Quant data shows WKHS's Return on Capital Employed at 60.46% in Q4 2025, 56.31% in Q3 2025, and 71.99% in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,062.42 Bn | 1,018.89 Bn | 4.75 Bn | 3.95% |
| 2 | Toyota Motor | 248.02 Bn | 113.80 Bn | 12.27 Bn | 4.17% |
| 3 | Honda Motor | 127.13 Bn | 92.93 Bn | -34.06 Bn | 2.72% |
| 4 | Ford Motor | 81.51 Bn | 50.18 Bn | 6.08 Bn | -3.99% |
| 5 | General Motors | 78.38 Bn | 53.66 Bn | 7.33 Bn | 0.98% |
| 6 | Li Auto | 26.25 Bn | 12.80 Bn | 262.11 Mn | -4.13% |
| 7 | Xpeng | 23.13 Bn | 20.59 Bn | 388.90 Mn | -7.48% |
| 8 | Rivian Automotive | 21.08 Bn | 15.77 Bn | 179.00 Mn | -31.93% |
| 9 | Stellantis | 16.04 Bn | -25.41 Bn | 5.55 Bn | -0.99% |
| 10 | Workhorse | 31.36 Mn | 18.46 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% |