Workhorse Group, Inc. (WKHS)
NASDAQ: WKHS · Real-Time Price · USD
2.880
-0.150 (-4.95%)
At close: Jun 22, 2026, 4:00 PM EDT
2.950
+0.070 (2.43%)
After-hours: Jun 22, 2026, 7:44 PM EDT

Workhorse Group Statistics

Total Valuation

Workhorse Group has a market cap or net worth of $31.37 million. The enterprise value is $73.68 million.

Market Cap31.37M
Enterprise Value 73.68M

Important Dates

The last earnings date was Thursday, May 14, 2026, after market close.

Earnings Date May 14, 2026
Ex-Dividend Date n/a

Share Statistics

Workhorse Group has 10.89 million shares outstanding. The number of shares has increased by 28.66% in one year.

Current Share Class 10.89M
Shares Outstanding 10.89M
Shares Change (YoY) +28.66%
Shares Change (QoQ) +3.94%
Owned by Insiders (%) 60.86%
Owned by Institutions (%) 1.96%
Float 3.27M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 1.29
Forward PS 0.72
PB Ratio 1.15
P/TBV Ratio 2.48
P/FCF Ratio n/a
P/OCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 3.02
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 1.23, with a Debt / Equity ratio of 1.64.

Current Ratio 1.23
Quick Ratio 0.11
Debt / Equity 1.64
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage -3.73

Financial Efficiency

Return on equity (ROE) is -247.68% and return on invested capital (ROIC) is -84.41%.

Return on Equity (ROE) -247.68%
Return on Assets (ROA) -30.33%
Return on Invested Capital (ROIC) -84.41%
Return on Capital Employed (ROCE) -82.19%
Weighted Average Cost of Capital (WACC) 22.32%
Revenue Per Employee $164,831
Profits Per Employee -$481,838
Employee Count148
Asset Turnover 0.22
Inventory Turnover 1.03

Taxes

Income Tax -30,000
Effective Tax Rate n/a

Stock Price Statistics

Beta (5Y) 2.33
52-Week Price Change n/a
50-Day Moving Average 3.14
200-Day Moving Average n/a
Relative Strength Index (RSI) 42.92
Average Volume (20 Days) 179,511

Short Selling Information

The latest short interest is 441,106, so 4.05% of the outstanding shares have been sold short.

Short Interest 441,106
Short Previous Month 388,715
Short % of Shares Out 4.05%
Short % of Float 13.47%
Short Ratio (days to cover) 1.36

Income Statement

In the last 12 months, Workhorse Group had revenue of $24.40 million and -$71.31 million in losses. Loss per share was -$7.39.

Revenue24.40M
Gross Profit -15.96M
Operating Income -52.96M
Pretax Income -71.34M
Net Income -71.31M
EBITDA -49.90M
EBIT -52.96M
Loss Per Share -$7.39
Full Income Statement

Balance Sheet

The company has $600,000 in cash and $42.91 million in debt, with a net cash position of -$42.31 million or -$3.88 per share.

Cash & Cash Equivalents 600,000
Total Debt 42.91M
Net Cash -42.31M
Net Cash Per Share -$3.88
Equity (Book Value) 26.19M
Book Value Per Share 2.51
Working Capital 8.73M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$39.58 million and capital expenditures -$560,000, giving a free cash flow of -$40.14 million.

Operating Cash Flow -39.58M
Capital Expenditures -560,000
Depreciation & Amortization 3.05M
Net Borrowing 22.00M
Free Cash Flow -40.14M
FCF Per Share -$3.68
Full Cash Flow Statement

Margins

Gross margin is -65.42%, with operating and profit margins of -217.08% and -292.32%.

Gross Margin -65.42%
Operating Margin -217.08%
Pretax Margin -292.45%
Profit Margin -292.32%
EBITDA Margin -204.57%
EBIT Margin -217.08%
FCF Margin n/a

Dividends & Yields

Workhorse Group does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -28.66%
Shareholder Yield -28.66%
Earnings Yield -227.30%
FCF Yield -127.95%

Analyst Forecast

The average price target for Workhorse Group is $3.00, which is 4.17% higher than the current price. The consensus rating is "Hold".

Price Target $3.00
Price Target Difference 4.17%
Analyst Consensus Hold
Analyst Count 2
Revenue Growth Forecast (3Y) n/a
EPS Growth Forecast (3Y) n/a
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value n/a
Lynch Upside n/a
Graham Number n/a
Graham Upside n/a

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

Workhorse Group has an Altman Z-Score of -5.62 and a Piotroski F-Score of 2. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score -5.62
Piotroski F-Score 2