Workhorse Group Inc. (WKHS)

2.62 -0.03 (-1.13%)

As of 2026-04-02 18:56:57 EST

Workhorse Group (originally AMP Electric Vehicles) is an original equipment manufacturer and technology company headquartered in Sharonville, Ohio, USA. In 2025, it merged its operations with those of Motiv Electric Trucks, forming a new entity known as Workhorse.

Traded asNasdaq: WKHS
ISINUS98138J5039
CIK0001425287
LEI5493006JUAG258V8X854
EIN261394771
SectorTransportation
IndustryMotor Vehicles & Passenger Car Bodies
CEORichard Dauch
Employees331
Fiscal Year End1231
Address48443 ALPHA DRIVE #190, WIXOM, MI, 48393
Phone513-360-4704
Websitehttps://workhorse.com/
Stock Quotes
trading_symbolregistrant_nametimepricechangepercentage_change
WKHSWorkhorse Group Inc.2026-04-02 18:56:572.62-0.03-1.13
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Company Information
trading_symbolcentral_index_keyregistrant_nameisin_numberlei_numberein_numberexchangesic_codesic_descriptionfiscal_year_endstate_of_incorporationaddress_streetaddress_cityaddress_stateaddress_zip_codeaddress_countryaddress_country_codephone_numbermailing_addressbusiness_addressformer_nameindustryfounding_datechief_executive_officernumber_of_employeeswebsitemarket_capshares_issuedshares_outstandingdescriptionupdate_time
WKHS0001425287Workhorse Group Inc.US98138J50395493006JUAG258V8X854261394771Nasdaq3711Motor Vehicles & Passenger Car Bodies1231NV48443 ALPHA DRIVE #190WIXOMMI48393UNITED STATESUS513-360-470448443 ALPHA DRIVE #190, WIXOM, MI, 4839348443 ALPHA DRIVE #190, WIXOM, MI, 48393AMP Holding Inc.Transportation2007Richard Dauch331https://workhorse.com/11,644,3809,699,85810,449,858Workhorse Group (originally AMP Electric Vehicles) is an original equipment manufacturer and technology company headquartered in Sharonville, Ohio, USA. In 2025, it merged its operations with those of Motiv Electric Trucks, forming a new entity known as Workhorse.2026-04-02 20:04:05
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WKHS Stock Price (End-of-Day)
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WKHS Stock Price (1-Minute)
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Market Cap
Fiscal YearMarket CapChange In Market CapPercentage Change In Market CapShares OutstandingChange In Shares OutstandingPercentage Change In Shares Outstanding
202511,644,380-20,443,410-63.710910,449,8585,324,266103.8761
202432,087,790-141,069,714-81.4695,125,592-309,704,466-98.3719
2023173,157,504-226,223,005-56.6435314,830,058143,662,38583.9308
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Executive Compensation
Executive NameExecutive PositionFiscal YearSalaryBonusStock AwardsIncentive Plan CompensationOther CompensationTotal Compensation
James D. HarringtonSecretary, Chief Compliance Officer, General Counsel2023375,0030442,2050153,053970,262
Richard F. DauchDirector, Chief Executive Officer2023974,61602,252,4770161,0813,388,174
Robert M. GinnanChief Financial Officer2023400,0050471,684035,100906,788
Robert M. GinnanChief Financial Officer2022392,31250,0001,050,001218,80032,1851,743,298
Richard F. DauchDirector, Chief Executive Officer20221,000,00005,000,000937,500142,3027,079,802
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Employee Count
Fiscal YearEmployee Count
2025148
2023298
2020130
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Income Statements
Fiscal Year202520242023
Revenue21,211,0006,616,35813,094,752
Cost Of Revenue30,766,00028,842,08738,350,545
Gross Profit-9,555,000-22,225,729-25,255,793
Research And Development Expenses13,163,0009,149,05524,467,933
General And Administrative Expenses24,722,00042,512,12955,574,740
Operating Expenses37,885,00051,661,18480,042,673
Operating Income-47,440,000-73,886,913-105,298,466
Net Income-64,086,000-101,790,293-123,919,189
Earnings Per Share Basic-6.76-51.69-0.6
Earnings Per Share Diluted-6.76-51.69-0.6
Weighted Average Shares Outstanding Basic9,475,0001,969,285207,293,249
Weighted Average Shares Outstanding Diluted9,475,0001,969,285207,293,249
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Balance Sheet Statements
Fiscal Year202520242023
Cash And Cash Equivalents12,920,0004,119,93825,845,915
Marketable Securities Current
Accounts Receivable3,889,000537,5364,470,209
Inventories39,065,00041,839,02045,408,192
Non Trade Receivables
Other Assets Current583,000440,597908,997
Total Assets Current59,822,00053,431,82093,825,478
Marketable Securities Non Current0
Property Plant And Equipment22,470,00032,976,58137,876,955
Other Assets Non Current416,000176,310176,310
Total Assets Non Current58,070,00040,408,94947,849,246
Total Assets117,892,00093,840,769141,674,724
Accounts Payable11,635,00011,509,15012,456,272
Deferred Revenue1,119,0006,350,5814,714,331
Short Term Debt15,429,000
Other Liabilities Current17,031,0008,731,9154,862,740
Total Liabilities Current38,852,00045,235,93753,282,027
Long Term Debt
Other Liabilities Non Current1,792,000
Total Liabilities Non Current35,998,0004,316,9085,280,526
Total Liabilities74,850,00049,552,84558,562,553
Common Stock10,0003,843285,981
Retained Earnings-319,023,000-853,358,544-751,568,251
Accumulated Other Comprehensive Income
Total Shareholders Equity43,042,00044,287,92583,112,171
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Cash Flow Statements
Fiscal Year202520242023
Depreciation And Amortization18,0007,908,4684,063,175
Share Based Compensation Expense678,00010,060,99713,422,135
Other Non Cash Income Expense485,2981,934,310
Change In Accounts Receivable-53,000-2,303,879349,512
Change In Inventories-4,849,0001,332,07439,294,091
Change In Non Trade Receivables
Change In Other Assets0
Change In Accounts Payable2,047,0004,700,219-2,227,029
Change In Other Liabilities
Cash From Operating Activities-35,553,000-47,590,024-123,024,049
Purchases Of Marketable Securities
Sales Of Marketable Securities
Acquisition Of Property Plant And Equipment603,0004,064,29318,687,451
Acquisition Of Business-10,430,000
Other Investing Activities
Cash From Investing Activities9,827,000-4,064,293-18,687,451
Tax Withholding For Share Based Compensation
Payments Of Dividends
Issuance Of Common Stock7,344,48762,155,939
Repurchase Of Common Stock
Issuance Of Long Term Debt34,100,000
Repayment Of Long Term Debt
Other Financing Activities-825,060-879,444
Cash From Financing Activities32,017,00020,453,34078,281,114
Change In Cash6,291,000-31,200,977-63,430,386
Cash At End Of Period12,920,0004,119,93825,845,915
Income Taxes Paid1,000
Interest Paid0-8,731,247
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Key Metrics
Fiscal Year202520242023
Earnings Per Share-6.76-51.69-0.6
Price To Earnings Ratio-0.753-2.0256-1,800.072
Earnings Growth Rate-86.9228,515-18.9189
Price Earnings To Growth Ratio0.0087-0.000295.1467
Book Value Per Share4.542722.48930.4009
Price To Book Ratio1.12054.65572,693.7771
Ebitda-64,029,100-93,881,825-128,587,261
Enterprise Value
Dividend Yield
Dividend Payout Ratio
Debt To Equity Ratio
Capital Expenditures-10,488,5813,008,09420,439,035
Free Cash Flow-25,064,419-50,598,118-143,463,084
Return On Equity-1.4889-2.2984-1.491
One Year Beta0.67842.02352.8227
Three Year Beta1.49382.16761.8532
Five Year Beta1.56261.29151.1827
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Insider Transactions
Insider NameRelationship To IssuerTransaction DateAmount Of SecuritiesAcquired Or DisposedSecurities Owned Following Transaction
Miller Austin ScottDirector2025-12-155,051A5,181
Miller Austin ScottDirector2025-12-155,051D130
Miller Austin ScottDirector2025-12-155,051D0
Mader Pamela S.Director2025-12-155,051A5,191
Mader Pamela S.Director2025-12-155,051D140
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House Trading
Name Of Reporting PersonReport DateStateTransaction TypeTransaction DateOwner TypeAmount
Warren Davidson2021-03-25OH08Purchase2020-09-21$15,001 - $50,000
Warren Davidson2021-03-25OH08Sale2020-08-28$50,001 - $100,000
Warren Davidson2018-10-10OH08Purchase2018-02-06$1,001 - $15,000
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Institutional Holdings
Investor NamePeriod Of ReportMarket ValueAmount Of SecuritiesPrice Per Security
Investors Research Corp2026-03-31313
Rockefeller Capital Management L.P.2025-12-311535
TD Capital Management LLC2025-12-311025
NewEdge Advisors, LLC2025-12-31515
BANK OF AMERICA CORP /DE/2025-12-31159315.129
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Mutual Fund Holdings
Registrant NamePeriod Of ReportFund NameFund SymbolAmount Of UnitsValue In UsdPercentage Value Compared To Assets
VANGUARD INDEX FUNDS2025-12-31Institutional Plus SharesVEMPX8,33042,399.70.0001
VANGUARD INDEX FUNDS2025-12-31ETF SharesVXF8,33042,399.70.0001
VANGUARD INDEX FUNDS2025-12-31Institutional SharesVIEIX8,33042,399.70.0001
VANGUARD INDEX FUNDS2025-12-31Admiral SharesVEXAX8,33042,399.70.0001
VANGUARD INDEX FUNDS2025-12-31Investor SharesVEXMX8,33042,399.70.0001
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