Workhorse (WKHS) Return on Capital Employed [ROCE] (2016 - 2026)
Workhorse (WKHS) reported Return on Capital Employed [ROCE] of -69.66% for Q2 2026, down 13.75 percentage points from -55.91% a year earlier.
Powered by 
Analysis
Workhorse (WKHS) Return on Capital Employed [ROCE] (2016 - 2026) Analysis & Trends
For FY2025, Workhorse posted Return on Capital Employed [ROCE] of -122.27%, up 205.13 percentage points from FY2024.
- Return on Capital Employed [ROCE] has a five-year change of -109.63 percentage points (FY2020 to FY2025).
- By year, Return on Capital Employed [ROCE] came in at -327.41% in FY2024 (-230.74 pp), -96.67% in FY2023 (-5.85 pp), -90.82% in FY2022 (-44.86 pp) and -45.96% in FY2021 (-33.31 pp).
- The Q2 2026 figure ranks as the lowest quarterly Return on Capital Employed [ROCE] since Q3 2024.
- Year over year, Return on Capital Employed [ROCE] gained in two of the last four quarters, with an average year-over-year change of +28.51 percentage points.
- The high point for year-over-year Return on Capital Employed [ROCE] in five years was Q3 2025 (a gain of 129.10 percentage points); the low point was Q3 2022 (a drop of 118.11 percentage points).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,199.60 Bn | 1,034.16 Bn | 4.75 Bn | 3.95% |
| 2 | Toyota Motor | 237.87 Bn | -168.87 Bn | 20.95 Bn | 2.97% |
| 3 | Ferrari | 144.10 Bn | 136.55 Bn | 1.18 Bn | - |
| 4 | Honda Motor | 142.11 Bn | 9.49 Bn | 8.46 Bn | 2.00% |
| 5 | General Motors | 68.70 Bn | -36.17 Bn | 7.33 Bn | 0.98% |
| 6 | Ford Motor | 47.39 Bn | -95.07 Bn | 6.08 Bn | -3.99% |
| 7 | Rivian Automotive | 19.48 Bn | -3.81 Bn | 179.00 Mn | -31.93% |
| 8 | Magna International | 18.09 Bn | 15.65 Bn | 1.61 Bn | - |
| 9 | Stellantis | 12.78 Bn | -153.22 Bn | 5.55 Bn | -0.99% |
| 10 | Workhorse | 28.81 Mn | 28.81 Mn | -7.47 Mn | -69.66% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -69.66% |
| Dec 31, 2025 | -53.52% |
| Sep 30, 2025 | -44.85% |
| Jun 30, 2025 | -55.91% |
| 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% |
| Dec 31, 2020 | -11.18% |
API Access
Workhorse Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=WKHS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=WKHS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();