Revenue Breakdown
Composition ()
No data
Revenue Streams
Workhorse Group Inc (WKHS) generates its revenue through a diversified portfolio of business segments. Currently, the largest contributor to its top-line growth is Automotive, accounting for 92.8% of total sales, equivalent to $-535.00K. Another important revenue stream is Other. Understanding this composition is critical for investors evaluating how WKHS navigates market cycles within the Auto & Truck Manufacturers industry.
Profitability & Margins
Evaluating the bottom line, Workhorse Group Inc maintains a gross margin of -323.17%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at -694.17%, while the net margin is -328.21%. These profitability ratios, combined with a Return on Equity (ROE) of -162.44%, provide a clear picture of how effectively WKHS converts its operational activities into shareholder value.
Comparative Benchmarking
In the context of the broader market, WKHS competes directly with industry leaders such as LOBO and UCAR. With a market capitalization of $29.65M, it holds a leading position in the sector. When comparing efficiency, WKHS's gross margin of -323.17% stands against LOBO's 16.06% and UCAR's 47.33%. Such benchmarking helps identify whether Workhorse Group Inc is trading at a premium or discount relative to its financial performance.
