Workhorse (WKHS) Tax Rate (2020 - 2025)
Workhorse has reported Tax Rate over the past 5 years, most recently at 0.02% for Q4 2025.
- Quarterly Tax Rate fell 2.0% to 0.02% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 0.01% through Dec 2025, changed 0.0% year-over-year, with the annual reading at 0.01% for FY2025, 0.0% changed from the prior year.
- Tax Rate was 0.02% for Q4 2025 at Workhorse, down from 0.0% in the prior quarter.
- Over five years, Tax Rate peaked at 12.76% in Q1 2021 and troughed at 0.02% in Q4 2025.
- The 4-year median for Tax Rate is 0.24% (2023), against an average of 2.76%.
- Year-over-year, Tax Rate plummeted -721bps in 2021 and then decreased -2bps in 2025.
- A 4-year view of Tax Rate shows it stood at 0.01% in 2021, then surged by 2790bps to 0.24% in 2023, then tumbled by -99bps to 0.0% in 2024, then tumbled by -657bps to 0.02% in 2025.
- Per Business Quant, the three most recent readings for WKHS's Tax Rate are 0.02% (Q4 2025), 0.0% (Q4 2024), and 0.24% (Q4 2023).