Worksport (WKSP) Debt to Equity (2016 - 2026)
Worksport (WKSP) reported Debt to Equity of $0.24 for Q1 2026, up 64.45% year-over-year from $0.15 in Q1 2025, and up 108.07% quarter-over-quarter from $0.12 in Q4 2025.
Worksport (WKSP) Debt to Equity (2016 - 2026) Analysis & Trends
Worksport (WKSP) has 11 years of Debt to Equity data on file, last reported at $0.24 in Q1 2026.
- Debt to Equity for Q1 2026 came in at $0.24, up 64.45% year-over-year; the trailing twelve-month figure through Mar 2026 was $0.24 (up 64.45% YoY), and the FY2025 annual result was $0.12, down 59.88% from the prior year.
- Debt to Equity advanced to $0.24 in Q1 2026 per WKSP's latest filing, from $0.12 in the prior quarter.
- Over five years, Debt to Equity peaked at $0.33 in Q3 2024 and troughed at $0.01 in Q1 2022.
- A 5-year average of $0.22 and a median of $0.24 in 2026 frame the typical range for Debt to Equity.
- The sharpest annual moves came in 2023 and 2025: Debt to Equity surged 4154.76% in 2023, then tumbled 71.57% in 2025.
- 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 plunged by 59.88% to $0.12 in 2025, then soared by 108.07% to $0.24 in 2026.
- Business Quant data shows WKSP's Debt to Equity at $0.24 in Q1 2026, $0.12 in Q4 2025, and $0.17 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | O Reilly Automotive | 76.00 Bn | 75.75 Bn | 2.35 Bn | -5.81 |
| 2 | Autozone | 51.46 Bn | 51.20 Bn | 2.52 Bn | -3.24 |
| 3 | Modine Manufacturing | 15.07 Bn | 14.98 Bn | 186.10 Mn | 0.54 |
| 4 | Borgwarner | 14.88 Bn | 15.05 Bn | 677.00 Mn | 0.71 |
| 5 | Genuine Parts | 14.73 Bn | 14.25 Bn | 2.34 Bn | 1.04 |
| 6 | Aptiv | 13.96 Bn | 10.89 Bn | 920.00 Mn | 1.01 |
| 7 | Aurora Innovation | 11.93 Bn | 10.71 Bn | -5.00 Mn | - |
| 8 | Magna International | 10.79 Bn | 9.60 Bn | 1.42 Bn | - |
| 9 | Allison Transmission Holdings | 10.06 Bn | 9.75 Bn | 406.00 Mn | 2.24 |
| 10 | Worksport | 6.27 Mn | 5.71 Mn | 853,946.00 | 0.24 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Dec 31, 2021 | 0.01 |
| Sep 30, 2021 | 0.01 |
| Jun 30, 2021 | 0.01 |