Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Workhorse Group's share price for the quarter that ended in Dec. 2023 was $8.82. Workhorse Group's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 285.98 Mil. Therefore, Workhorse Group's market cap for the quarter that ended in Dec. 2023 was $2,522.35 Mil.
Workhorse Group's quarterly market cap
increased
from Jun. 2023 ($1,810.05 Mil) to Sep. 2023 ($2,252.47 Mil) and
increased
from Sep. 2023 ($2,252.47 Mil) to Dec. 2023 ($2,522.35 Mil).
Workhorse Group's annual market cap
increased
from Dec. 2021 ($1,339.89 Mil) to Dec. 2022 ($1,460.64 Mil) and
increased
from Dec. 2022 ($1,460.64 Mil) to Dec. 2023 ($2,522.35 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Workhorse Group's Enterprise Value for Today is $53.01 Mil.
Workhorse Group Market Cap Historical Data
The historical data trend for Workhorse Group's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
* Premium members only.
Workhorse Group Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Market Cap
-
2,558.59
1,339.89
1,460.64
2,522.35
Workhorse Group Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
Market Cap
1,460.64
1,592.72
1,810.05
2,252.47
2,522.35
Competitive Comparison
For the Auto Manufacturers subindustry, Workhorse Group's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Workhorse Group Market Cap Distribution
For the Vehicles & Parts industry and Consumer Cyclical sector, Workhorse Group's Market Cap distribution charts can be found below:
* The bar in red indicates where Workhorse Group's Market Cap falls into.
Workhorse Group Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Workhorse Group's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Workhorse Group (LTS:0A3U) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Workhorse Group Market Cap Related Terms
Thank you for viewing the detailed overview of Workhorse Group's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Workhorse Group Inc is a technology company. It designs, develops, manufactures, and sells high-performance, medium-duty trucks with powertrain components under the Workhorse chassis brand. The company's products include trucks comprising powertrain and chassis. Its powertrain products include E-GEN and E-100. E-GEN is an electric drive, transmission-free system, which has a gasoline/propane or compressed natural gas (CNG) engine that functions as an auxiliary generator. E-100, an all-electric, medium-duty truck, is an electric power train. The company generates key revenue from the Automotive Revenue which consists of sales of any of its E-GEN or E-100 platforms.
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