KPIs & Operating Metrics(New)
Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Consolidated Net IncomeEBITEBITDAEBTEPS (Basic)EPS (Weighted Average and Diluted)Gross ProfitIncome from Continuing OperationsIncome towards Parent CompanyInterest & Investment IncomeNet Income towards Common StockholdersNon Operating IncomeOperating ExpensesOperating IncomeOther Non Operating IncomeOther Operating ExpensesProfit After TaxResearch & DevelopmentRevenueSelling, General & AdministrativeShares Outstanding (Diluted Average)Shares Outstanding (Weighted Average)
Others
Ratios

Workhorse (WKHS) Tax Rate (2020 - 2024)

Historic Tax Rate for Workhorse (WKHS) over the last 4 years, with Q4 2024 value amounting to 0.55%.

  • Workhorse's Tax Rate rose 3100.0% to 0.55% in Q4 2024 from the same period last year, while for Sep 2025 it was 0.18%, marking a year-over-year increase of 900.0%. This contributed to the annual value of 0.11% for FY2024, which is 300.0% up from last year.
  • Per Workhorse's latest filing, its Tax Rate stood at 0.55% for Q4 2024, which was up 3100.0% from 0.24% recorded in Q4 2023.
  • Workhorse's Tax Rate's 5-year high stood at 12.76% during Q1 2021, with a 5-year trough of 0.01% in Q4 2021.
  • For the 4-year period, Workhorse's Tax Rate averaged around 3.87%, with its median value being 2.86% (2021).
  • Its Tax Rate has fluctuated over the past 5 years, first tumbled by -72100bps in 2021, then skyrocketed by 3100bps in 2024.
  • Quarter analysis of 4 years shows Workhorse's Tax Rate stood at 7.22% in 2020, then crashed by -100bps to 0.01% in 2021, then skyrocketed by 2790bps to 0.24% in 2023, then skyrocketed by 126bps to 0.55% in 2024.
  • Its Tax Rate was 0.55% in Q4 2024, compared to 0.24% in Q4 2023 and 0.01% in Q4 2021.