Workhorse (WKHS) Tax Rate (2020 - 2024)
Workhorse (WKHS) reported Tax Rate of -0.02% for Q4 2025, down 0.02 percentage points from 0.00% a year earlier.
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Analysis
Workhorse (WKHS) Tax Rate (2020 - 2024) Analysis & Trends
For FY2025, Workhorse posted Tax Rate of -0.01%, unchanged from FY2024.
- Tax Rate has a five-year change of -23.84 percentage points (FY2020 to FY2025).
- By year, Tax Rate came in at 0.00% in FY2024 (-0.09 pp), 0.09% in FY2023 and 5.16% in FY2021 (-18.67 pp).
- The Q4 2025 figure ranks as the lowest quarterly Tax Rate in data going back to Q4 2020.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,142.14 Bn | 976.70 Bn | 4.75 Bn | 15.12% |
| 2 | Toyota Motor | 240.48 Bn | -166.26 Bn | 20.95 Bn | 20.99% |
| 3 | Ferrari | 149.20 Bn | 141.65 Bn | 1.18 Bn | 23.00% |
| 4 | Honda Motor | 145.55 Bn | 12.93 Bn | 8.46 Bn | - |
| 5 | General Motors | 70.62 Bn | -34.25 Bn | 7.33 Bn | 13.65% |
| 6 | Ford Motor | 48.18 Bn | -94.29 Bn | 6.08 Bn | - |
| 7 | Rivian Automotive | 20.39 Bn | -2.90 Bn | 179.00 Mn | - |
| 8 | Magna International | 18.08 Bn | 15.64 Bn | 1.61 Bn | 20.03% |
| 9 | Stellantis | 12.84 Bn | -153.16 Bn | 5.55 Bn | 41.40% |
| 10 | Workhorse | 28.13 Mn | 28.13 Mn | -7.47 Mn | - |
API Access
Workhorse Tax Rate 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=tax-rate&ticker=WKHS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=WKHS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();