Worksport (WKSP) Debt to Equity (2016 - 2026)

Worksport (WKSP) posted quarterly Debt to Equity of $0.24 for Q1 2026, up 64.45% YoY from $0.15 in Q1 2025, and up 108.07% sequentially from $0.12 in Q4 2025.

Worksport (WKSP) Debt to Equity (2016 - 2026) Analysis & Trends

Worksport has disclosed Debt to Equity across 11 years of filings, most recently posting $0.24 for Q1 2026.

  • In Q1 2026, Debt to Equity rose 64.45% year-over-year to $0.24; the TTM figure through Mar 2026 stood at $0.24 (up 64.45% YoY), while the FY2025 annual figure was $0.12, down 59.88% from the prior year.
  • Debt to Equity improved to $0.24 in Q1 2026, from $0.12 in the prior quarter.
  • Over the last five years, Debt to Equity for WKSP reached as high as $0.33 in Q3 2024 and fell as low as $0.01 in Q1 2022.
  • The 5-year median for Debt to Equity is $0.24 (2026), against an average of $0.22.
  • Annual changes were most pronounced in 2023 — Debt to Equity surged 4154.76% — and 2025, when it sank 71.57%.
  • A 5-year view of Debt to Equity shows it stood at $0.22 in 2022, then soared by 31.53% to $0.29 in 2023, then fell by 1.44% to $0.29 in 2024, then slumped by 59.88% to $0.12 in 2025, then soared by 108.07% to $0.24 in 2026.
  • According to Business Quant data, Debt to Equity over the past three periods registered $0.24, $0.12, and $0.17 for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Advance Auto Parts 65.13 Bn 62.01 Bn 869.00 Mn 1.55
2 Autozone 53.07 Bn 52.82 Bn 2.52 Bn -3.24
3 Magna International 17.54 Bn 16.29 Bn 1.42 Bn -
4 Genuine Parts 16.15 Bn 15.67 Bn 2.34 Bn 1.04
5 Aurora Innovation 13.77 Bn 12.55 Bn -5.00 Mn -
6 Borgwarner 13.21 Bn 13.37 Bn 677.00 Mn 0.71
7 Aptiv 12.84 Bn 9.76 Bn 920.00 Mn 1.01
8 Autoliv 8.73 Bn 8.37 Bn 526.00 Mn 0.79
9 Modine Manufacturing 8.68 Bn 8.59 Bn 186.10 Mn 0.54
10 Worksport 9.92 Mn 9.35 Mn 853,946.00 0.24

Historic Data

Download Data
DateValue
Mar 31, 2026 0.24
Dec 31, 2025 0.12
Sep 30, 2025 0.17
Jun 30, 2025 0.08
Mar 31, 2025 0.15
Dec 31, 2024 0.29
Sep 30, 2024 0.33
Jun 30, 2024 0.28
Mar 31, 2024 0.28
Dec 31, 2023 0.29
Sep 30, 2023 0.32
Jun 30, 2023 0.27
Mar 31, 2023 0.25
Dec 31, 2022 0.22
Sep 30, 2022 0.20
Jun 30, 2022 0.18
Mar 31, 2022 0.01
Jun 30, 2021 0.01
Sep 30, 2020 -0.45
Jun 30, 2020 -0.11