Workhorse (WKHS) Return on Invested Capital [ROIC] (2020 - 2025)
Workhorse (WKHS) recorded Return on Invested Capital [ROIC] of -82.15% in Q4 2025, up 1.79 percentage points from -83.94% a year earlier and up 48.74 percentage points from the prior quarter.
Workhorse (WKHS) Return on Invested Capital [ROIC] (2020 - 2025) Analysis & Trends
For FY2025, Workhorse reported Return on Invested Capital [ROIC] of -117.02%, up 3089.47 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] has a five-year change of -99.77 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Invested Capital [ROIC] came in at -3206.50% in FY2024 (-2918.78 pp), -287.72% in FY2023 and -61.46% in FY2021 (-44.20 pp).
- The Q4 2025 figure is the highest quarterly Return on Invested Capital [ROIC] since Q2 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,199.60 Bn | 1,034.16 Bn | 4.75 Bn | 3.70% |
| 2 | Toyota Motor | 237.87 Bn | -168.87 Bn | 20.95 Bn | 2.23% |
| 3 | Ferrari | 144.10 Bn | 136.55 Bn | 1.18 Bn | 24.03% |
| 4 | Honda Motor | 142.11 Bn | 9.49 Bn | 8.46 Bn | 3.66% |
| 5 | General Motors | 68.70 Bn | -36.17 Bn | 7.33 Bn | 0.95% |
| 6 | Ford Motor | 47.39 Bn | -95.07 Bn | 6.08 Bn | -2.19% |
| 7 | Rivian Automotive | 19.48 Bn | -3.81 Bn | 179.00 Mn | -38.30% |
| 8 | Magna International | 18.09 Bn | 15.65 Bn | 1.61 Bn | 32.21% |
| 9 | Stellantis | 12.78 Bn | -153.22 Bn | 5.55 Bn | -0.95% |
| 10 | Workhorse | 28.81 Mn | 28.81 Mn | -7.47 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | -82.15% |
| Sep 30, 2025 | -130.89% |
| Mar 31, 2025 | -203.55% |
| Dec 31, 2024 | -83.94% |
| Sep 30, 2024 | -145.27% |
| Jun 30, 2024 | -139.83% |
| Mar 31, 2024 | -519.00% |
| Dec 31, 2021 | -111.24% |
| Jun 30, 2021 | -23.56% |
| Mar 31, 2021 | -14.37% |
| Dec 31, 2020 | -15.84% |
Workhorse Return on Invested Capital [ROIC] 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-invested-capital-%5Broic%5D&ticker=WKHS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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-invested-capital-%5Broic%5D&ticker=WKHS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();