Worksport

Worksport ROA

The Return on Assets (ROA) of Worksport (WKSP) as of Oct 29, 2026 is -62.89 %. In the previous year, Return on Assets (ROA) was -62.80 % — a change of 0.14% (lower).

ROA

-62.89 %

YoY

0.14%

Last updated:

In 2025, Worksport's return on assets (ROA) was -62.89 %, a 0.14% increase from the -62.80 % ROA in the previous year.

The Worksport ROA history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

ROA
Date
ROA
Jan 1, 2018
-316.31 USD
Jan 1, 2019
-74.60 USD
Jan 1, 2020
-62.44 USD
Jan 1, 2021
-21.76 USD
Jan 1, 2022
-38.26 USD
Jan 1, 2023
-57.52 USD
Jan 1, 2024
-62.80 USD
Jan 1, 2025
-62.89 USD
The Worksport ROA history
YEARROAYoY
-62.89 %+0.14%
-62.80 %+9.19%
-57.52 %+50.36%
-38.26 %+75.82%
-21.76 %-65.15%
-62.44 %-16.30%
-74.60 %-76.42%
-316.31 %-15.84%
-375.84 %+11.39%
-337.41 %-70.71%
-1,151.94 %+583.91%
-168.43 %—

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Worksport Stock analysis

What does Worksport do? Worksport Ltd. generates revenue through the sale of tonneau covers and energy solutions. The company offers soft tonneau covers including The Worksport SC3, SC3 PRO, SC4, and SC4 PRO, as well as hard tonneau covers like The Worksport TC3, TC3 PRO, FC4, FC3, and FC4 PRO. Its energy products consist of the Worksport SOLIS tonneau cover and the Worksport COR energy storage system. These products target the automotive aftermarket accessories, power storage, residential heating, and electric vehicle-charging industries. Customers in these segments purchase the tonneau covers for vehicle protection and the energy systems for sustainable power solutions. The Worksport SOLIS integrates solar technology into tonneau covers, providing renewable energy for vehicle charging, while the COR system stores energy for residential and commercial use. The company's product lines cater to both consumer and commercial markets within the automotive and energy sectors. Sales are driven by the demand for innovative, eco-friendly vehicle accessories and energy storage solutions. Worksport Ltd. focuses on the automotive aftermarket for tonneau covers, targeting vehicle owners seeking secure and stylish storage solutions. The energy products address the growing market for green energy, appealing to environmentally conscious consumers and businesses in power storage and residential heating. The company's portfolio combines functional vehicle accessories with sustainable energy systems to meet diverse customer needs. Worksport is one of the most popular companies on Eulerpool.

ROA Details

Understanding Worksport's Return on Assets (ROA)

Worksport's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing Worksport's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider Worksport's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in Worksport’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about Worksport stock

Return on Assets (ROA) of Worksport is -62.89 % in 2025.

Return on Assets (ROA) of Worksport changed from -62.80 % to -62.89 %, representing a 0.14% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Return on Assets (ROA) Worksport since 2006 – with annual values, charts, and detailed analysis.

Return on Assets, also known as ROA, is a financial metric used to measure a company's profitability. It is used to determine how effectively a company uses its assets to generate profits. It is also referred to as the ratio of net income to total assets. ROA is an important indicator of a company's overall financial performance as it measures the company's ability to generate more profit from the assets it employs.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Return on Assets (ROA)'s Worksport with sector peers and the industry average to assess whether it is attractive.

To evaluate Return on Assets (ROA)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Return on Assets (ROA).

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Profitability — Worksport

All Key Metrics — Worksport