Workhorse Group

Workhorse Group Net Debt / EBITDA

The Net Debt to EBITDA of Workhorse Group (WKHS) as of Oct 28, 2026 is -0.53. In the previous year, Net Debt to EBITDA was -0.17 — a change of 223.18% (lower).

Net Debt / EBITDA

-0.53

YoY

223.18%

Last updated:

Net Debt to EBITDA of Workhorse Group is 2025 -0.53 . Net Debt to EBITDA of Workhorse Group was 2024 -0.17 . It decreases by 223.18% lower compared to the previous year.

The Workhorse Group Net Debt / EBITDA history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Net Debt / EBITDA
Date
Net Debt / EBITDA
Jan 1, 2018
-0.20 USD
Jan 1, 2019
-4.28 USD
Jan 1, 2020
-3.72 USD
Jan 1, 2021
0.98 USD
Jan 1, 2022
0.69 USD
Jan 1, 2023
-0.03 USD
Jan 1, 2024
-0.17 USD
Jan 1, 2025
-0.53 USD
The Workhorse Group Net Debt / EBITDA history
YEARNet Debt / EBITDAYoY
-0.53+223.18%
-0.17+447.61%
-0.03-104.37%
0.69-29.78%
0.98-126.47%
-3.72-13.13%
-4.28+2,043.29%
-0.20+194.15%
-0.07-177.95%
0.09-91.47%
1.02+90.15%
0.54+19.10%
0.45+229.08%
0.14+1,098.42%
0.01-107.60%
-0.15+299.07%
-0.04-101.74%
2.16—

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Workhorse Group Stock analysis

What does Workhorse Group do? Workhorse Group Inc. designs and builds performance battery-electric vehicles and aircraft, focusing on the commercial transportation sector. The company develops cloud-based telematics systems for real-time monitoring and sells its C-Series electric delivery trucks in 450, 650, and 1,000 cubic feet configurations directly to fleet customers and through distributor Ryder System, Inc. (Ryder). Its product HorseFly is a custom-designed unmanned aerial system for package delivery. The firm operates as an Original Equipment Manufacturer (OEM) for Class 3-6 medium-duty trucks. Workhorse's primary revenue streams come from direct sales of electric trucks to fleet operators and through Ryder, its main distributor. The C-Series platform targets commercial delivery needs with multiple size options, while HorseFly serves as a specialized delivery solution for packages. The company leverages its telematics systems as part of its vehicle solutions, enhancing performance monitoring for customers. The firm's vehicle solutions are tailored for commercial use, with the C-Series trucks designed for medium-duty applications and HorseFly addressing last-mile delivery challenges. Ryder System, Inc. acts as the key distributor for Workhorse's products, facilitating sales to fleet customers. The company's focus on electric and unmanned delivery systems positions it within the growing commercial transportation market. Workhorse Group is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Workhorse Group stock

Net Debt to EBITDA of Workhorse Group is -0.53 in 2025.

Net Debt to EBITDA of Workhorse Group changed from -0.17 to -0.53, representing a 223.18% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Net Debt to EBITDA Workhorse Group since 2006 – with annual values, charts, and detailed analysis.

Net Debt/EBITDA measures how many years it would take to repay all debt using EBITDA. Lower ratios indicate stronger debt repayment capacity.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Net Debt to EBITDA's Workhorse Group with sector peers and the industry average to assess whether it is attractive.

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Leverage — Workhorse Group

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