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
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%