YOLFTbeta
Workhorse Group Inc

Workhorse Group Inc

WKHS · NASDAQ · Consumer Cyclical / Auto Manufacturers

2.88USD-0.14 (-4.64%)

Price History

Full chart

Market Stats

Previous Close3.02
Open3.00
Day Range2.75 – 3.07
52-Week Range2.31 – 14.88
Volume186.99K
Market Cap31.69M
P/E (TTM)0.00
Forward P/E0.00
EPS-7.76
Dividend Yield0.00%
Beta2.33
50-Day Avg3.08
200-Day Avg3.55

About

Workhorse Group, Inc. design and manufacture electric delivery trucks and drone systems solutions. The company provides step vans and stripped chassis; stripped chassis; shuttle bus, school bus, box truck, and work truck; workhorse connect, a remote data management system; telematics and charging infrastructure solutions; after-sales vehicle services; body shop and parts; and assembly services. It markets its products under the Workhorse and Motiv brand names. The company is based in Wixom, Michigan.

Company Details

  • SectorConsumer Cyclical
  • IndustryAuto Manufacturers
  • CEOMr. Scott W. Griffith
  • Employees148
  • Headquarters48443 Alpha Drive #190, Wixom, MI, United States, 48393, USA
  • Websitehttps://www.motivtrucks.com

Leadership

  • Mr. Scott W. GriffithCEO & Director · b. 1959
  • Mr. Joshua Joseph AndersonExecutive Vice President of Operations · b. 1977
  • Mr. Vishal ParikhCo-Founder
  • Mr. Samuel Chang Ph.D.Co-Founder
  • Mr. Doug MandellCo-Founder, General Counsel and Advisor
  • Mr. Benson TsaiCo-Founder
  • Mr. Jody DavisChief Financial Officer
  • Ms. Lindsay A. BarnesVP, Corporate Controller & Chief Accounting Officer · b. 1978
  • Mr. Wayne LoganChief Engineer
  • Mr. James B. GriffinChief Revenue Officer · b. 1977

Financials

Income Statement

Currency: USD2007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue---140.71K190.03K272.10K177.50K177.50K139.98K6.41M10.04M763.17K376.56K1.39M-851.92K5.02M13.09M6.62M21.21M
Growth (%)----+35.06%+43.18%-34.77%0.00%-21.14%+4482.65%+56.49%-92.40%-50.66%+269.80%-161.18%+689.62%+160.69%-49.47%+220.58%
Cost of Revenue-138.64K170.50K304.38K6.61M2.64M3.45M388.01K8.23M13.58M24.52M15.95M5.84M13.07M125.69M37.67M38.35M28.84M30.77M
Gross Profit--138.64K-170.50K140.71K-6.42M-2.36M177.50K177.50K139.98K-7.16M-14.48M-15.19M-5.47M-11.67M-126.54M-32.65M-25.26M-22.23M-9.55M
Gross Margin---100.00%-3375.73%-868.70%100.00%100.00%100.00%-111.67%-144.23%-1990.43%-1452.17%-838.38%14853.56%-649.99%-192.87%-335.92%-45.05%
Operating Expense--114.16K1.36M-4.88M2.28M-6.41M-5.65M-6.03M-8.32M-26.68M26.56M18.88M2.55M29.31M58.57M96.43M80.04M51.66M37.88M
Operating Income-1.80K-24.48K-1.53M5.02M-8.70M4.04M5.83M6.21M8.46M19.51M-41.04M-34.07M-8.02M-40.98M-185.11M-129.08M-105.30M-73.89M-47.44M
Operating Margin---3567.39%-4575.54%1485.35%3282.52%3498.43%6044.41%304.17%-408.79%-4463.94%-2129.04%-2942.95%21729.08%-2569.80%-804.13%-1116.73%-223.66%
EBITDA-1.80K-24.48K-1.49M-4.97M-8.64M-3.98M-5.53M-5.82M-8.09M-19.13M-40.49M-33.72M-7.63M-40.17M-176.40M-115.00M-100.34M-71.76M-45.43M
EBITDA Margin----3535.13%-4545.00%-1461.96%-3116.98%-3279.84%-5779.21%-298.22%-403.31%-4418.29%-2025.89%-2884.81%20706.49%-2289.36%-766.23%-1084.54%-214.16%
Net Income-1.80K-24.48K-1.52M-5.03M-8.71M-4.27M-6.11M-6.61M-9.43M-19.56M-41.22M-36.50M-65.92M69.78M-401.34M-117.27M-123.92M-101.79M-64.09M
Net Income Margin----3573.46%-4581.11%-1570.20%-3442.57%-3723.20%-6734.43%-304.86%-410.59%-4782.97%-17505.78%5010.81%47110.51%-2334.71%-946.33%-1538.46%-302.14%
R&D----264.42K57.79K211.83K3.44M4.74M6.15M18.06M7.39M8.20M9.15M11.61M23.21M24.47M9.15M13.16M
R&D as % of Total Revenue----139.14%21.24%119.34%1936.20%3386.43%95.81%179.91%968.55%2177.35%657.01%-1362.80%462.14%186.85%138.28%62.06%
Interest Expense01.38K73613.20K10.59K230.89K258.26K398.96K965.88K44.04K180.44K2.43M29.15M12.53M6.74M332.71K8.73M22.24M17.42M
Interest Expense % of Total Revenue---9.38%5.57%84.85%145.50%224.77%690.02%0.69%1.80%319.03%7739.94%899.72%-790.91%6.62%66.68%336.16%82.13%

Balance Sheet

Currency: USD2007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets18.39K168.88K79.69K529.36K449.89K220.69K4.85M4.95M14.64M10.24M16.12M11.80M50.67M632.54M228.14M182.74M141.67M93.84M117.89M
Total Liabilities17.09K224.15K583.41K809.86K2.01M2.80M6.76M5.76M18.42M6.42M12.99M27.23M85.59M237.34M53.45M74.16M58.56M49.55M74.85M
Total Equity1.30K-19.41K-503.71K-280.50K-1.56M-2.58M-1.91M-809.39K-3.78M3.82M3.51M-15.42M-34.91M395.20M174.69M108.59M83.11M44.29M43.04M
Cash-58.30K2.52K385.29K89.49K39.82K7.02K442.26K7.68M469.57K4.07M1.51M23.87M46.82M201.65M99.28M25.85M4.12M12.92M
Total Debt-5.50K60.00K31.43K90.19K592.94K2.63M3.77M16.31M2.17M6.85M8.31M58.16M199.11M26.26M10.13M29.02M16.32M37.82M
Net Debt-5.43K57.48K-353.86K703553.12K2.62M3.33M8.63M1.70M2.78M6.80M34.29M152.29M-175.39M-89.15M3.18M12.20M24.90M

Cash Flow

Currency: USD2007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow15.29K-1.04M-1.24M-3.25M-5.88M-2.20M-2.73M-4.47M-8.22M-19.03M-38.66M-21.75M-36.87M-70.28M-132.58M-93.82M-123.02M-47.59M-35.55M
Investing Cash Flow--8.65K-26.01K-156.75K-22.75K-2.75M-23.10K-65.23K-528.10K-143.35K-18.42K1.65M-5.73M99.81M-20.02M-18.69M-4.06M9.83M
Financing Cash Flow-15.29K27.66K1.18M3.66M5.74M2.17M5.45M4.92M15.52M12.35M42.41M19.22M58.57M292.37M-6.82M11.47M78.28M20.45M32.02M
Capital Expenditure0025.48K41.91K156.75K28.75K6323.10K65.23K528.10K143.35K23.22K2.01M5.73M5.31M17.50M18.69M4.06M603.00K
Free Cash Flow15.29K-27.59K-1.27M-3.29M-6.04M-2.23M-2.73M-4.49M-8.29M-19.56M-38.81M-21.78M-38.88M-76.01M-137.89M-111.32M-141.71M-51.65M-36.16M
Dividends Paid------------1.17M1.49T-857.52K35.00M--
FCF to OCF100.00%2.66%102.05%101.29%102.67%101.31%100.00%100.52%100.79%102.77%100.37%100.11%105.44%108.15%104.01%118.65%115.19%108.54%101.70%
Dividend Paid to FCF-------------3.00%-1962790.86%--0.77%-24.70%--

Earnings

Report DateJun 30, 2010Sep 30, 2010Dec 31, 2010Mar 31, 2011Jun 30, 2011Sep 30, 2011Dec 31, 2011Mar 31, 2012Jun 30, 2012Sep 30, 2012Dec 31, 2012Mar 31, 2013Jun 30, 2013Sep 30, 2013Dec 31, 2013Mar 31, 2014Aug 14, 2014Nov 13, 2014Mar 30, 2015May 15, 2015Aug 14, 2015Nov 16, 2015Mar 25, 2016May 16, 2016Aug 15, 2016Nov 14, 2016Mar 14, 2017May 10, 2017Aug 9, 2017Nov 7, 2017Mar 14, 2018May 9, 2018Aug 6, 2018Nov 7, 2018Mar 18, 2019May 7, 2019Aug 9, 2019Nov 8, 2019Mar 10, 2020May 6, 2020Aug 10, 2020Nov 9, 2020Mar 1, 2021May 10, 2021Aug 9, 2021Nov 9, 2021Mar 1, 2022May 10, 2022Aug 9, 2022Nov 8, 2022Mar 1, 2023May 15, 2023Aug 8, 2023Nov 14, 2023Mar 12, 2024May 20, 2024Aug 19, 2024Nov 19, 2024Mar 10, 2025May 15, 2025Aug 15, 2025Nov 10, 2025May 14, 2026Aug 13, 2026Nov 9, 2026
EPS Estimate-------------------------600.00-510.00-0.22-810.00-690.00-705.00-0.32-420.00-420.00-480.00-0.12-300.00-270.00-300.00-0.10-300.00-255.00-250.00-280.00-0.17-610.00-622.50-0.14-292.50-336.00-370.00-0.18-534.00-420.00-345.00-210.00-1.85-219.75-123.75-4.384.00-47.76-17.40-1.24-0.95-
EPS Actual-138.81-115.09-176.15-164.70-187.21-142.85-150.78-74.86-43.18-142.85-64.36-65.63-68.86-32.40-25.00-37.15-0.13-0.12-0.11-0.13-0.12-0.24-0.21-0.23-420.00-750.00-0.17-720.00-780.00-1050.00-0.26-480.00-540.00-360.00-0.32-330.00-1830.00-510.00-0.24-417.36-350.40-456.00-4446.24-0.98-784.02-2314.44-1.13-450.00-390.00-660.00-0.24-450.00-360.00-420.00-570.00-2.00-210.00-147.00-0.94-4.10-20.04-6.00-1.99-1.86-
Surprise------------------------30.00%-47.06%22.73%11.11%-13.04%-48.94%18.75%-14.29%-28.57%25.00%-166.67%-10.00%-577.78%-70.00%-140.00%-39.12%-37.41%-82.40%-1487.94%-476.47%-28.53%-271.80%-707.14%-53.85%-16.07%-78.38%-33.33%15.73%14.29%-21.74%-171.43%-8.11%4.44%-18.79%78.51%-202.50%58.04%65.52%-60.48%-95.79%-
Timing----------------After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hours-

Key Statistics & Ratios

Market Cap31.69M
Enterprise Value99.61M
Trailing P/E0.00
Forward P/E0.00
PEG Ratio0.00
Price / Sales1.16
Price / Book4.61
EPS-7.76
Book Value2.51
Revenue (TTM)27.21M
Gross Profit (TTM)-22.07M
EBITDA-58.86M
Profit Margin-289.04%
Operating Margin-545.20%
Return on Equity-247.68%
Return on Assets-53.11%
Shares Outstanding10.93M
Shares Float4.26M
Beta2.33
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Hold
Based on 1 analystsTarget 3.00
  • Hold
    1

Ownership Breakdown

Institutions
9.38%
Insiders
71.18%
Retail / Other
19.44%

Top Institutional Holders

  • Vanguard Capital Management, LLC
    84.41K0.77%
  • Geode Capital Management, LLC
    50.73K0.46%
  • BlackRock Inc
    32.23K0.29%
  • Vanguard Fiduciary Trust Co
    11.62K0.11%
  • XTX Topco Ltd
    10.69K0.10%
  • Cygnus Capital Advisors, LLC
    4.00K0.04%
  • Group One Trading, LLC
    1420.00%
  • Mcf Advisors, LLC
    850.00%
  • Morgan Stanley - Brokerage Accounts
    430.00%
  • Advisor Group Holdings, Inc.
    430.00%
  • Wells Fargo & Co
    280.00%
  • JONES FINANCIAL COMPANIES LLLP
    220.00%
  • SBI Securities Co Ltd
    180.00%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    311.22K2.85%
  • Fidelity Extended Market Index
    20.23K0.19%
  • iShares Micro-Cap ETF
    14.80K0.14%
  • Fidelity Nasdaq Composite Index
    11.72K0.11%
  • Fidelity Series Total Market Index
    10.10K0.09%
  • Fidelity Total Market Index
    1.85K0.02%
  • 1290 VT Micro Cap K
    1.05K0.01%

Stock Splits

  • Dec 8, 20251:12
  • Mar 17, 20258:100
  • Jun 17, 20241:20
  • Dec 11, 20151:10