Company / Interest Expense
Workhorse Group Inc. Interest Expense History
FY2015-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
-$1.8M
FY2023
5-year range
-$190.5M / $29.1M
FY2019-FY2023
Trend
+99.0%
vs FY2022
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Interest Expense has fluctuated over the past 8 years, ranging from -$191M in FY2022 to $29M in FY2020.
Based on SEC 10-K filings.
-$2M in FY2023.
Improved from $29M to -$2M over the past 3 years.
Interest Expense over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Key checks
Key Insights
- In FY2023, interest expense increased 99.0% year-over-year.
- Peak interest expense was recorded in FY2020.
- Lowest interest expense in the period was in FY2022.
Company context
Key Data Points
- Altman Z-Score -1.01 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | -$1.8M | +99.0% |
| FY2022 | -$190.5M | -753.7% |
| FY2020 | $29.1M | +1097.1% |
| FY2019 | $2.4M | +1249.4% |
| FY2018 | $180.4K | +309.7% |
| FY2017 | $44.0K | -95.4% |
| FY2016 | $965.9K | +142.1% |
| FY2015 | $399.0K | - |
As of FY2023 · SEC 10-K · Updated Jun 28, 2026