Workhorse Group Inc (NASDAQ:WKHS) — Market Cap & Net Worth
Market Cap & Net Worth: Workhorse Group Inc (WKHS)
Workhorse Group Inc (NASDAQ:WKHS) has a market capitalization of $28.60 Million ($28.60 Million) as of May 4, 2026. Listed on the NASDAQ stock exchange, this USA-based company holds position #23853 globally and #4916 in its home market, demonstrating a 22.18% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Workhorse Group Inc's stock price $3.25 by its total outstanding shares 8799568 (8.80 Million). Analyse how efficiently does Workhorse Group Inc generate cash to see how efficiently the company converts income to cash.
Workhorse Group Inc Market Cap History: 2015 to 2026
Workhorse Group Inc's market capitalization history from 2015 to 2026. Data shows change from $1.36 Billion to $28.60 Million (-27.18% CAGR).
Index Memberships
Workhorse Group Inc is a constituent of 1 market index:
| Index | Total Market Cap | Weight (%) | Rank by Market Cap |
|---|---|---|---|
|
NASDAQ Composite
IXIC
|
$38.77 Trillion | 0.00% | #2273 of 3165 |
Weight: Workhorse Group Inc's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.
Workhorse Group Inc Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Workhorse Group Inc's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
0.93x
Workhorse Group Inc's market cap is 0.93 times its annual revenue
Latest Price to Earnings (P/E) Ratio
N/A
P/E ratio not applicable due to negative or zero earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2015 | $1.36 Billion | $139.98K | -$9.43 Million | 9743.77x | N/A |
| 2016 | $1.24 Billion | $6.41 Million | -$19.56 Million | 193.69x | N/A |
| 2017 | $450.54 Million | $10.85 Million | -$42.24 Million | 41.54x | N/A |
| 2018 | $92.92 Million | $763.17K | -$36.50 Million | 121.76x | N/A |
| 2019 | $535.01 Million | $376.56K | -$65.92 Million | 1420.79x | N/A |
| 2020 | $3.48 Billion | $1.39 Million | $69.78 Million | 2499.86x | 49.89x |
| 2021 | $767.32 Million | $-851.92K | -$401.34 Million | -900.70x | N/A |
| 2022 | $267.51 Million | $5.02 Million | -$117.27 Million | 53.26x | N/A |
| 2023 | $63.36 Million | $13.09 Million | -$123.92 Million | 4.84x | N/A |
| 2024 | $6.14 Million | $6.62 Million | -$101.79 Million | 0.93x | N/A |
Competitor Companies of WKHS by Market Capitalization
Companies near Workhorse Group Inc in the global market cap rankings as of May 4, 2026.
Key companies related to Workhorse Group Inc by market ranking:
- Tesla Inc (NASDAQ:TSLA): Ranked #11 globally with a market cap of $1.29 Trillion USD.
- Toyota Motor Corporation ADR (NYSE:TM): Ranked #67 globally with a market cap of $255.57 Billion USD.
- Toyota Motor Corporation (MX:TMN): Ranked #71 globally with a market cap of $251.73 Billion USD ( MX$4.37 Trillion MXN).
- Toyota Motor Corporation (F:TOM): Ranked #83 globally with a market cap of $225.50 Billion USD ( €192.89 Billion EUR).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #11 | Tesla Inc | NASDAQ:TSLA | $1.29 Trillion | $390.82 |
| #67 | Toyota Motor Corporation ADR | NYSE:TM | $255.57 Billion | $196.08 |
| #71 | Toyota Motor Corporation | MX:TMN | $251.73 Billion | MX$3356.00 |
| #83 | Toyota Motor Corporation | F:TOM | $225.50 Billion | €16.24 |
Workhorse Group Inc Historical Marketcap From 2015 to 2026
Between 2015 and today, Workhorse Group Inc's market cap moved from $1.36 Billion to $ 28.60 Million, with a yearly change of -27.18%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | $28.60 Million | -36.15% |
| 2025 | $44.79 Million | +629.23% |
| 2024 | $6.14 Million | -90.31% |
| 2023 | $63.36 Million | -76.32% |
| 2022 | $267.51 Million | -65.14% |
| 2021 | $767.32 Million | -77.96% |
| 2020 | $3.48 Billion | +550.66% |
| 2019 | $535.01 Million | +475.76% |
| 2018 | $92.92 Million | -79.38% |
| 2017 | $450.54 Million | -63.74% |
| 2016 | $1.24 Billion | -8.90% |
| 2015 | $1.36 Billion | -- |
End of Day Market Cap According to Different Sources
On May 3rd, 2026 the market cap of Workhorse Group Inc was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $28.60 Million USD |
| MoneyControl | $28.60 Million USD |
| MarketWatch | $28.60 Million USD |
| marketcap.company | $28.60 Million USD |
| Reuters | $28.60 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Workhorse Group Inc
Workhorse Group, Inc. designs and manufactures electric trucks and related fleet charging solutions. The company provides electric trucks for medium-duty fleet applications, including the Argo electric truck and Argo chassis, which integrate proprietary battery, drivetrain, and cab systems. It offers the Argo LFP battery with control signals, multiple pack configurations, and a range suitable for… Read more