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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)Tax ProvisionsTax Rate
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Workhorse (WKHS) Tax Rate (2020 - 2024)

Workhorse (WKHS) has disclosed Tax Rate for 4 consecutive years, with 0.55% as the latest value for Q4 2024.

  • On a quarterly basis, Tax Rate rose 31.0% to 0.55% in Q4 2024 year-over-year; TTM through Sep 2025 was 0.18%, a 9.0% increase, with the full-year FY2024 number at 0.11%, up 3.0% from a year prior.
  • Tax Rate was 0.55% for Q4 2024 at Workhorse, up from 0.24% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 12.76% in Q1 2021 to a low of 0.01% in Q4 2021.
  • A 4-year average of 3.87% and a median of 2.86% in 2021 define the central range for Tax Rate.
  • Peak YoY movement for Tax Rate: plummeted -721bps in 2021, then skyrocketed 31bps in 2024.
  • Workhorse's Tax Rate stood at 7.22% in 2020, then plummeted by -100bps to 0.01% in 2021, then soared by 2790bps to 0.24% in 2023, then skyrocketed by 126bps to 0.55% in 2024.
  • Per Business Quant, the three most recent readings for WKHS's Tax Rate are 0.55% (Q4 2024), 0.24% (Q4 2023), and 0.01% (Q4 2021).