Workhorse Group Inc
F:1WO
Gross Margin
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
Peer Comparison
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| US |
|
Workhorse Group Inc
NASDAQ:WKHS
|
29.7m USD |
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|
| US |
|
Tesla Inc
NASDAQ:TSLA
|
1.5T USD |
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|
|
| JP |
|
Toyota Motor Corp
TSE:7203
|
47.7T JPY |
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|
|
| CN |
|
BYD Co Ltd
SZSE:002594
|
828.6B CNY |
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|
|
| KR |
|
Hyundai Motor Co
KRX:005380
|
136.4T KRW |
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|
|
| DE |
|
Mercedes Benz Group AG
MIL:MBG
|
75.3B EUR |
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|
|
| DE |
|
Daimler AG
XETRA:DAI
|
67.5B EUR |
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|
|
| US |
|
General Motors Co
NYSE:GM
|
73.8B USD |
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|
|
| IT |
|
Ferrari NV
MIL:RACE
|
61.6B EUR |
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|
|
| DE |
|
Bayerische Motoren Werke AG
XETRA:BMW
|
53.9B EUR |
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|
|
| DE |
|
Mercedes-Benz Group AG
XETRA:MBG
|
52.1B EUR |
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|
Market Distribution
| Min | -24 813% |
| 30th Percentile | 28.9% |
| Median | 43% |
| 70th Percentile | 60.5% |
| Max | 10 905 714.3% |
Other Profitability Ratios
Workhorse Group Inc
Glance View
Workhorse Group, Inc. is a technology company, which engages in the provision of sustainable solutions to the commercial transportation sector. The company is headquartered in Loveland, Ohio and currently employs 221 full-time employees. The company went IPO on 2009-07-14. The firm designs and manufactures all-electric delivery trucks and drone systems, including the technology that optimizes the way these vehicles operate. The company is an original equipment manufacturer, and its products are marketed under the Workhorse brand. All Workhorse last-mile delivery trucks are assembled in its Union City, Indiana production facility. Its products offering includes delivery vans, delivery drones and telematics. Its C-Series Vans are all-electric by design, with composite technology, and an approximately 100-mile range. Its delivery drones designed to be fully autonomous, as well as work in tandem with its all-electric delivery vans. This custom-built drone technology helps to deliver safety and efficiency to the doorstep. Its in-house, integrated system has information on approximately 8.5 million miles of tracking approximately 350 vehicles.
See Also
Gross Margin is calculated by dividing the Gross Profit by the Revenue.
The current Gross Margin for Workhorse Group Inc is -236.8%, which is above its 3-year median of -292.5%.
Over the last 3 years, Workhorse Group Inc’s Gross Margin has decreased from 27 165.1% to -236.8%. During this period, it reached a low of -650.4% on Dec 31, 2022 and a high of 27 165.1% on Sep 30, 2022.
