
Workhorse Group Inc
NASDAQ:WKHS

Gross Margin
Workhorse Group Inc
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
Country | Company | Market Cap |
Gross Margin |
||
---|---|---|---|---|---|
US |
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Workhorse Group Inc
NASDAQ:WKHS
|
92.2m USD |
-333%
|
|
US |
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Tesla Inc
NASDAQ:TSLA
|
926.7B USD |
18%
|
|
JP |
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Toyota Motor Corp
TSE:7203
|
37.8T JPY |
20%
|
|
CN |
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BYD Co Ltd
SZSE:002594
|
1.1T CNY |
19%
|
|
IT |
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Ferrari NV
MIL:RACE
|
75.9B EUR |
50%
|
|
DE |
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Mercedes Benz Group AG
MIL:MBG
|
75.3B EUR |
23%
|
|
DE |
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Daimler AG
XETRA:DAI
|
67.5B EUR |
23%
|
|
DE |
V
|
Volkswagen AG
XETRA:VOW
|
52.4B EUR |
19%
|
|
DE |
![]() |
Mercedes-Benz Group AG
XETRA:MBG
|
52.1B EUR |
20%
|
|
DE |
![]() |
Bayerische Motoren Werke AG
XETRA:BMW
|
50.2B EUR |
16%
|
|
US |
![]() |
General Motors Co
NYSE:GM
|
52.6B USD |
13%
|
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 the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Workhorse Group Inc's most recent financial statements, the company has Gross Margin of -333.3%.