Workhorse Group, Inc.
PosiFunda Ratios Only on PositoAI
PositoAI's own ratios from Workhorse Group, Inc.'s yearly results (2022–2025), compared with Consumer Cyclical companies in United States. Tap ? on any ratio for what it means.
What stands out
- Shareholder Slice Ratio: Share count rose 17,472% in 3 years, so each share's slice of the company became smaller. Bigger rise in share count than almost all Consumer Cyclical companies in United States.
- Cash Locked Ratio: For every $100 of sales, $148 is tied up in day-to-day operations (money owed by customers + stock − money owed to suppliers), against $312 tied up three years earlier. More money tied up than almost all Consumer Cyclical companies in United States.
- Growth Efficiency Ratio: Sales grew 322% in 3 years; of every extra $100 of sales, $329 became extra profit. Higher than 98% of Consumer Cyclical companies in United States.
Cash quality
Profit Cash Ratio
—Loss-making or profit too small
Over the last 3 years profit was a loss or under 2% of sales, so cash per 100 of profit is not meaningful.
Self-Funding Ratio
-8.2×Over the last 3 years operating cash was negative while the company kept spending on investment (capex).
Lower than 95% of Consumer Cyclical companies in United States.
Cash Locked Ratio
$148For every $100 of sales, $148 is tied up in day-to-day operations (money owed by customers + stock − money owed to suppliers), against $312 tied up three years earlier.
More money tied up than almost all Consumer Cyclical companies in United States.
Growth quality
Steadiness Ratio
2/3 · 1/3Sales grew in 2 of the last 3 years; profit grew in 1 of 3.
Less steady than 52% of Consumer Cyclical companies in United States.
Growth Efficiency Ratio
$329Sales grew 322% in 3 years; of every extra $100 of sales, $329 became extra profit.
Higher than 98% of Consumer Cyclical companies in United States.
Asset Productivity Ratio
+322% / -35%In 3 years sales changed by +322% while total assets changed by -35%. Sales grew faster than assets.
Balance-sheet strength
Debt Due Cover Ratio
-9.8×Operating cash was negative last year, while some debt falls due within a year.
Lower than 95% of Consumer Cyclical companies in United States.
Cash Cushion Ratio
−89%Debt, after subtracting cash, equals 89% of its market value (net debt).
Lower than 72% of Consumer Cyclical companies in United States.
Tangible Assets Ratio
89%Of every $100 the company owns, $89 is in tangible assets such as plants, cash, stock and receivables; the rest is goodwill and other intangibles.
More tangible than 56% of Consumer Cyclical companies in United States.
Tangible Net Worth Ratio
69%Of every $100 of net worth, $69 is tangible; the rest is goodwill and other intangibles, often from buying other companies.
More tangible than 57% of Consumer Cyclical companies in United States.
Shareholders
Standard fundamentals
P/E, P/B, ROE, debt, growth and more (11)
Workhorse Group, Inc. made a loss over the last year. Workhorse Group, Inc. owes $0.93 for every $1 it owns. Workhorse Group, Inc. made a loss in each of the last two years.
Compared with Consumer Cyclical companies in United States · latest annual results Dec 2025.
P/E ratio
LossWorkhorse Group, Inc. made a loss over the last year, so its P/E ratio is not meaningful.
P/B ratio
3.99The share price is 3.99 times Workhorse Group, Inc.'s book value per share, higher than 73% of Consumer Cyclical companies in United States.
Market cap
$29 MThe total market value of all of Workhorse Group, Inc.'s shares at today's price (share price × number of shares), smaller than 92% of Consumer Cyclical companies in United States. PosiCap size class: Micro Cap.
Net worth (book value)
$7 MWhat Workhorse Group, Inc. would have left on paper if it sold everything it owns and paid everything it owes, from its latest balance sheet (30 Jun 2026).
Book value per share
$0.66Net worth divided by the number of shares. The share price of $2.62 is 4.0 times this, which is the P/B above.
Owes vs Owns
0.93×Workhorse Group, Inc. owes $0.93 for every $1 it owns (high), higher than 85% of Consumer Cyclical companies in United States.
Dividend yield
NoneWorkhorse Group, Inc. does not currently pay a dividend.
Revenue growth
+201%Revenue rose 201% in the year to Dec 2025, and grew 62% a year on average over 3 years.
Profit growth
LossWorkhorse Group, Inc. made a loss in each of the last two years.
Profit margin
-302.1%Workhorse Group, Inc. lost $302 for every $100 of revenue.
Cash vs debt
Net debtWorkhorse Group, Inc. had $26 M more debt than cash (net debt) at Dec 2025.
Questions
How is P/B calculated on PositoAI?
P/B is market cap divided by net worth from the latest balance sheet. For Workhorse Group, Inc.: $29 M ÷ $7 M (30 Jun 2026) = 4.0.
How much does Workhorse Group, Inc. owe compared with what it owns?
Workhorse Group, Inc. owes $0.93 for every $1 it owns (high), higher than 85% of Consumer Cyclical companies in United States.
Does Workhorse Group, Inc. pay a dividend?
No. Workhorse Group, Inc. does not currently pay a dividend.
Is Workhorse Group, Inc.'s revenue growing?
Revenue rose 201% in the year to Dec 2025, and grew 62% a year on average over 3 years.
Figures from the company's yearly results and PositoAI's own data. Full tables are on the Go Deep tab. What each figure means. PositoAI is for research and education only and is not investment advice.