Saturday 17 October 2026
Export WKHS’s income statement to Excel — free account
Workhorse Group, Inc.
WKHS Consumer Cyclical Auto Manufacturers
In the quarter to June 2026, revenue grew 374.9%, EPS fell 35.1%, free cash flow fell 159.6% and total debt fell 46.6%, each against the same quarter a year earlier.
2.63
0.27
−9.31%
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| Dec '25 | Dec '24 | Dec '23 | Dec '22 | Dec '21 | Dec '20 | Dec '19 | Dec '18 | Dec '17 | Dec '16 | |
|---|---|---|---|---|---|---|---|---|---|---|
P/E ratio |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 24.72 | 0.00 | 0.00 | 0.00 | 0.00 |
Piotroski F-Score |
4 | 3 | 4 | — | — | 5 | 4 | 2 | 3 | 3 |
Altman Z-Score |
(4.34) | (9.98) | (8.68) | (4.66) | 1.48 | 4.70 | (5.49) | (26.94) | (11.56) | 2.29 |
P/S ratio |
2.27 | 81.28 | 5.71 | 51.09 | 0.00 | 1,316.77 | 518.24 | 34.87 | 10.64 | 27.07 |
P/FCF ratio |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Altman Z″-Score (non-manufacturers) |
(9.76) | (37.68) | (18.92) | (11.68) | (3.89) | 3.58 | (17.11) | (66.05) | (35.36) | (32.53) |
P/Operating CF |
(4.58) | 291.82 | (2.72) | (9.22) | (24.91) | (56.18) | (15.33) | (6.01) | (10.29) | (30.48) |
P/B ratio |
1.12 | 0.00 | 0.90 | 2.36 | 3.21 | 4.64 | 0.00 | 0.00 | 30.42 | 45.49 |
Price to Tangible BV |
1.62 | 0.00 | 0.90 | 2.36 | 3.21 | 4.64 | 0.00 | 0.00 | 30.42 | 45.49 |
EV/Sales |
3.20 | 90.04 | 5.10 | 33.34 | (451.41) | 1,286.53 | 555.81 | 45.53 | 10.92 | 27.33 |
EV/EBITDA |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
EV/Operating CF |
(1.91) | (16.62) | (0.54) | (1.78) | (2.90) | (25.49) | (5.68) | (1.60) | (2.83) | (9.21) |
EV/FCF |
(1.88) | (14.78) | (0.47) | (1.54) | (2.79) | (23.57) | (5.40) | (1.59) | (2.82) | (8.96) |
Quick Ratio |
0.43 | 0.13 | 0.76 | 1.84 | 7.32 | 13.77 | 0.53 | 0.08 | 0.79 | 0.28 |
Current Ratio |
1.54 | 0.44 | 1.76 | 2.20 | 7.85 | 16.51 | 0.67 | 0.34 | 1.64 | 0.90 |
Net Debt/EBITDA |
0.16 | (1.52) | 0.15 | 0.70 | 0.96 | 1.05 | (0.60) | (0.24) | (0.07) | (0.09) |
Debt/Assets |
4.61% | 182.81% | 14.24% | 5.54% | 10.99% | 31.48% | 77.00% | 81.77% | 41.53% | 21.17% |
Debt/Equity |
0.13 | (1.68) | 0.24 | 0.09 | 0.14 | 0.50 | (1.12) | (0.63) | 1.95 | 0.57 |
Asset Turnover |
0.27 | 0.08 | 0.08 | 0.02 | 0.00 | 0.00 | 0.01 | 0.05 | 0.75 | 0.52 |
Operating CF/Net income |
0.55 | 0.74 | 0.99 | 0.80 | 0.33 | (1.01) | 0.99 | 0.60 | 0.94 | 0.97 |
Capex/Depreciation |
(0.49) | (5.74) | (4.60) | (7.72) | (2.78) | (7.08) | (5.15) | (0.05) | (0.26) | (1.38) |
Interest Coverage |
(2.72) | (4.03) | (12.06) | (70.23) | (14.64) | (0.22) | (0.82) | (13.99) | (227.47) | (443.45) |
| (5,887.55%) | (244.22%) | (129.29%) | (82.80%) | (140.85%) | 38.73% | 147.66% | 612.93% | (1,124.82%) | (115,374.04%) | |
| (82.53%) | (57.61%) | (76.39%) | (57.08%) | (93.26%) | 20.43% | (118.96%) | (257.88%) | (308.23%) | (157.19%) | |
ROIC |
(83.40%) | (123.39%) | (97.58%) | (415.10%) | 0.00% | (7.25%) | 0.00% | 0.00% | (407.37%) | (221.11%) |
Return on Tangible Assets |
(147.53%) | 126.99% | (158.02%) | (120.22%) | (204.17%) | 24.54% | 427.45% | 499.46% | (421.78%) | (350.16%) |
Average Days of Receivables |
66.92 | 186.02 | 124.60 | 1,241.06 | (64.18) | 271.95 | 39.74 | 23.10 | 38.49 | 41.37 |
Research and Development Expense of Revenue |
62.06% | 183.01% | 186.85% | 462.13% | (1,362.84%) | 657.01% | 2,177.14% | 968.51% | 176.70% | 95.81% |
Selling, General and Administrative Expense of Revenue |
116.55% | 227.81% | 424.40% | 1,457.67% | (4,714.26%) | 1,447.59% | 2,708.31% | 1,504.91% | 87.86% | 96.69% |
Intangible Assets out of Total Assets |
0.11 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Share Based Compensation of Revenue |
3.20% | 7.88% | 102.50% | 228.15% | (580.28%) | 288.75% | 525.76% | 138.84% | 14.28% | 12.46% |
Graham Net Nets |
(0.31) | (0.08) | 0.47 | 0.25 | 0.29 | 0.03 | (0.28) | (0.78) | (0.02) | (0.01) |
Graham Number |
0.00 | 59.21 | 0.00 | 0.00 | 0.00 | 26,285.45 | 8,071.79 | 6,772.92 | 0.00 | 0.00 |
Earnings Yield |
(219.95%) | (19.91%) | (163.50%) | (45.70%) | (71.59%) | 4.05% | (19.46%) | (140.21%) | (42.41%) | (13.07%) |
Free Cash Flow Yield |
(74.97%) | (7.50%) | (189.36%) | (42.41%) | (24.57%) | (4.15%) | (19.86%) | (82.09%) | (36.33%) | (11.27%) |
Revenue per Share |
2.24 | 1.29 | 189.51 | 95.13 | (19.86) | 45.06 | 17.60 | 45.43 | 778.18 | 763.67 |
Operating CF per Share |
(3.75) | (6.98) | (1,780.38) | (1,776.87) | (3,090.38) | (2,274.40) | (1,722.98) | (1,294.89) | (2,997.09) | (2,265.98) |
Capex per Share |
(0.06) | (0.87) | (270.44) | (284.46) | (123.87) | (185.38) | (93.48) | (1.10) | (11.12) | (62.87) |
Free Cash Flow per Share |
(3.82) | (7.85) | (2,050.82) | (2,061.33) | (3,214.25) | (2,459.78) | (1,816.46) | (1,295.98) | (3,008.21) | (2,328.85) |
Cash per Share |
1.36 | 1.21 | 518.75 | 1,880.23 | 4,700.41 | 7,806.77 | 1,162.07 | 90.05 | 315.47 | 55.90 |
Shareholders Equity per Share |
4.54 | (7.47) | 1,202.78 | 2,056.57 | 4,072.09 | 12,789.78 | (1,631.45) | (918.00) | 272.22 | 454.40 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
4.54 | (7.47) | 1,202.78 | 2,056.57 | 4,072.09 | 12,789.78 | (1,631.45) | (918.00) | 272.22 | 454.40 |
Free Cash Flow |
(36.16) | (42.91) | (141.71) | (108.84) | (137.89) | (76.01) | (38.87) | (21.77) | (38.81) | (19.56) |
Working Capital |
20.97 | (42.74) | 40.54 | 76.05 | 188.67 | 272.90 | (15.52) | (12.55) | 4.18 | (0.42) |
Capital Expenditures |
(0.60) | (4.76) | (18.69) | (15.02) | (5.31) | (5.73) | (2.00) | (0.02) | (0.14) | (0.53) |
Net Current Asset Value |
(15.03) | (44.05) | 35.26 | 65.20 | 162.78 | 53.15 | (54.07) | (20.86) | (2.30) | (2.51) |
EV/EBIT |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Capex to Sales |
0.03 | 0.68 | 1.43 | 2.99 | (6.24) | 4.11 | 5.31 | 0.02 | 0.01 | 0.08 |
Price to Operating Income |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.06 | 0.39 | 0.11 | 0.09 | 0.24 | 0.07 | 0.06 | 0.07 | 0.10 | 0.06 |
Cash ROIC |
(58.89%) | (125.51%) | (101.85%) | (49.93%) | (34.35%) | (9.10%) | (134.16%) | 511.48% | (268.83%) | (303.08%) |
Accounts Receivable Turnover |
5.67 | 1.75 | 1.22 | 0.58 | (1.43) | 2.58 | 8.43 | 1.38 | 11.24 | 17.52 |
Accounts Payable Turnover |
4.49 | 1.82 | 3.38 | 4.17 | 20.96 | 4.04 | 1.94 | 3.19 | 5.52 | 5.19 |
Inventory Turnover |
1.02 | 0.39 | 1.41 | 3.98 | 10.38 | 1.51 | 2.70 | 4.46 | 6.92 | 10.68 |
Average Days of Payables |
138.03 | 57.37 | 118.55 | 99.17 | 21.62 | 133.82 | 104.85 | 99.31 | 84.23 | 86.64 |
Days of Inventory on Hand |
463.46 | 592.27 | 432.17 | 85.75 | 27.73 | 432.04 | 112.29 | 57.97 | 68.81 | 66.26 |
Average Receivables |
3.74 | 4.03 | 10.77 | 8.61 | 0.59 | 0.54 | 0.04 | 0.55 | 0.89 | 0.37 |
Average Payables |
6.85 | 7.26 | 11.35 | 9.04 | 6.32 | 3.23 | 3.01 | 5.00 | 4.44 | 2.61 |
Average Inventory |
30.23 | 33.41 | 27.13 | 9.46 | 12.77 | 8.63 | 2.17 | 3.58 | 3.54 | 1.27 |
Average Assets |
77.65 | 89.54 | 162.21 | 205.44 | 430.34 | 341.61 | 31.24 | 14.15 | 13.37 | 12.44 |
Average Common Equity |
1.09 | 21.12 | 95.85 | 141.64 | 284.95 | 180.15 | (25.17) | (5.96) | 3.66 | 0.02 |
Columns are period end dates