Company / PP&E (Net)
Workhorse Group Inc. PP&E (Net) History
FY2015-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest PP&E (Net)
$22.5M
FY2025
5-year range
$11.4M / $37.9M
FY2021-FY2025
Trend
-31.9%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Declined from $38M to $22M over the past 2 years.
Based on SEC 10-K filings.
$22M in FY2025 with a 10-year CAGR of +19.7%.
Declined from $38M to $22M over the past 2 years.
PP&E (Net) over time
Growth rates
- 3-Year CAGR
- +1.5%
- 5-Year CAGR
- +14.5%
- 10-Year CAGR
- +19.7%
Key checks
Key Insights
- 5-year CAGR of +14.5%, indicating consistent growth.
- In FY2025, pp&e (net) decreased 31.9% year-over-year.
- Peak pp&e (net) was recorded in FY2023.
- Lowest pp&e (net) in the period was in FY2015.
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 | PP&E (Net)Value | YoY GrowthYoY |
|---|---|---|
| FY2025 | $22.5M | -31.9% |
| FY2024 | $33.0M | -12.9% |
| FY2023 | $37.9M | +76.2% |
| FY2022 | $21.5M | +88.6% |
| FY2020 | $11.4M | +66.9% |
| FY2019 | $6.8M | +30.4% |
| FY2018 | $5.2M | -12.7% |
| FY2017 | $6.0M | +0.0% |
| FY2016 | $6.0M | +60.7% |
| FY2015 | $3.7M | -7.6% |
As of FY2025 · SEC 10-K · Updated Jun 28, 2026