Workhorse Group Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2024	FY 2023	FY 2020	FY 2019
Period Ending	Feb '26 Feb 13, 2026	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Debt / Equity Ratio	-1.43	-1.70	-1.39	0.50	-1.67
Net Debt / Equity Ratio	-1.39	-1.54	-1.31	0.39	-0.98
Net Debt / EBITDA Ratio	-2.54	-1.87	-1.75	-	-
Net Debt / FCF Ratio	-2.02	-1.46	-1.73	-	-
Asset Turnover	-	0.20	-	0.00	-
Inventory Turnover	-	0.67	-	1.51	-
Quick Ratio	0.08	0.13	0.11	2.72	0.51
Current Ratio	0.35	0.44	0.34	16.51	0.67
Return on Equity (ROE)	-	-	-	38.73%	-
Return on Assets (ROA)	-	-60.40%	-	51.62%	-
Return on Invested Capital (ROIC)	-69.73%	-174.40%	-15.08%	78.59%	-
Return on Capital Employed (ROCE)	56.20%	86.70%	79.10%	45.90%	-220.90%

Updated Aug 15, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q