Workhorse (WKHS) Return on Invested Capital (2020 - 2025)
Workhorse (WKHS) posted quarterly Return on Invested Capital of 0.49% for Q3 2025, down 12.0% year-over-year from 0.55% in Q3 2024, and down 9.79% quarter-over-quarter from 0.44% in Q2 2025.
Workhorse (WKHS) Return on Invested Capital (2020 - 2025) Analysis & Trends
Workhorse (WKHS) has reported Return on Invested Capital for 4 consecutive years, with 0.49% the latest figure, recorded in Q3 2025.
- In Q3 2025, Return on Invested Capital fell 12.0% year-over-year to 0.49%; the TTM figure through Sep 2025 stood at 0.49% (down 12.0% YoY), while the FY2024 annual figure was 0.27%, changed N/A from the prior year.
- Return on Invested Capital eased to 0.49% in Q3 2025 per WKHS's latest filing, from 0.44% in the prior quarter.
- Across five years, Return on Invested Capital topped out at 0.04% in Q1 2021 and bottomed at 0.55% in Q1 2025.
- Historically, Return on Invested Capital has averaged 0.35% across 3 years, with a median of 0.39% in 2024.
- On a YoY basis, Return on Invested Capital climbed as much as 5 bps in 2025 and fell as far as 15 bps in 2025.
- Workhorse's Return on Invested Capital stood at 0.23% in 2021, then dropped by 18 bps to 0.27% in 2024, then tumbled by 83 bps to 0.49% in 2025.
- Business Quant data shows WKHS's Return on Invested Capital at 0.49% in Q3 2025, 0.44% in Q2 2025, and 0.55% in Q1 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,062.42 Bn | 1,018.89 Bn | 4.75 Bn | - |
| 2 | Toyota Motor | 248.02 Bn | 113.80 Bn | 12.27 Bn | 0.00% |
| 3 | Honda Motor | 127.13 Bn | 92.93 Bn | -34.06 Bn | 0.00% |
| 4 | Ford Motor | 81.51 Bn | 50.18 Bn | 6.08 Bn | 0.00% |
| 5 | General Motors | 78.38 Bn | 53.66 Bn | 7.33 Bn | 0.00% |
| 6 | Li Auto | 26.25 Bn | 12.80 Bn | 262.11 Mn | 0.00% |
| 7 | Xpeng | 23.13 Bn | 20.59 Bn | 388.90 Mn | -0.01% |
| 8 | Rivian Automotive | 21.08 Bn | 15.77 Bn | 179.00 Mn | - |
| 9 | Stellantis | 16.04 Bn | -25.41 Bn | 5.55 Bn | 0.00% |
| 10 | Workhorse | 31.36 Mn | 18.46 Mn | 10.06 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | -0.49% |
| Jun 30, 2025 | -0.44% |
| Mar 31, 2025 | -0.55% |
| Dec 31, 2024 | -0.27% |
| Sep 30, 2024 | -0.37% |
| Jun 30, 2024 | -0.39% |
| Mar 31, 2024 | -0.41% |
| Jun 30, 2021 | -0.23% |
| Mar 31, 2021 | -0.04% |
| Dec 31, 2020 | -0.01% |