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
DateValue
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%