Stocktoria
Workhorse Group Inc. WKHS
Workhorse Group Inc. (WKHS) earns a Piotroski F-score of 4/9 (mixed financial health), with an Altman Z″ in the distress zone. It does not currently pay a dividend. FY2025 revenue was $21.2M at a -302.1% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Beneish M-score: 2.59 — elevated (above the −1.78 line — aggressive-accounting signals worth a closer look) . A statistical screen for earnings manipulation, not proof — and it doesn't apply to most banks/insurers.
Analyst price target
Wall Street analyst consensus — a sentiment gauge, not our scoring.
Smart money · insiders, last 12 months
Open-market insider purchases minus sells (SEC Form 4) — real buying with their own money is a bullish “smart money” signal; grants and option exercises are excluded.
How it ranks in Manufacturing · percentile among 1957 companies
Percentile vs other Manufacturing companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 4/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · distress zone
| Component | Value |
|---|---|
| Working capital / assets | 0.178 |
| Retained earnings / assets | -2.706 |
| EBIT / assets | -0.402 |
| Equity / liabilities | 0.575 |
Sector peers · similar-size Manufacturing companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| WKHS | Workhorse Group Inc. | 4/9 | -9.76 | — | — |
| FLYE | Fly-E Group, Inc. | 1/9 | 1.16 | — | -25% |
| CENN | Cenntro Inc. | 2/9 | -17.18 | — | -42.2% |
| REE | REE Automotive Ltd. | 2/9 | — | — | — |
| AIIO | ROBO.AI INC. | 2/9 | — | — | -92.1% |
| FFAI | FARADAY FUTURE INTELLIGENT ELECTRIC INC. | 3/9 | — | — | — |
| LOT | Lotus Technology Inc. | 4/9 | -12.15 | — | -43.8% |
About Workhorse Group Inc.
Workhorse Group, Inc. design and manufacture electric delivery trucks and drone systems solutions. The company provides step vans and stripped chassis; stripped chassis; shuttle bus, school bus, box truck, and work truck; workhorse connect, a remote data management system; telematics and charging infrastructure solutions; after-sales vehicle services; body shop and parts; and assembly services. It markets its products under the Workhorse and Motiv brand names. The company is based in Wixom, Michigan.
FAQ
Is WKHS financially healthy?
Workhorse Group Inc.'s Piotroski F-score is 4/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the distress zone.
Does WKHS pay a dividend?
No, Workhorse Group Inc. does not currently pay a dividend.
How profitable is WKHS?
In FY2025, Workhorse Group Inc. had a net margin of -302.1% and a return on equity of -148.9%.
What is the analyst price target for WKHS?
The average Wall-Street price target for Workhorse Group Inc. is $3.00, about 2.9% below the recent price, from 1 analysts.
Is WKHS a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on Workhorse Group Inc.: a Piotroski F-score of 4/9, an Altman Z″ in the distress zone. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.