Workhorse Group (MEX:WKHS) Tax Provision: MXN0.5 Mil (TTM As of Mar. 2026)

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MEX:WKHS Workhorse Group Inc MEX:WKHS
33 GF Score
Price MXN44.70
GF Value MXN204.70
! 8 Warning Signs
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What is Workhorse Group Tax Provision?

Workhorse Group MEX:WKHS 33 Tax Provision is MXN0.5 Mil as of Mar. 2026. GuruFocus rates MEX:WKHS with a GF Score™ of 33/100 and a GF Value™ of MXN204.70. The stock has 8 warning signs investors should review.

Workhorse Group's tax provision for the three months ended in Mar. 2026 was MXN0.6 Mil. Its tax provision for the trailing twelve months (TTM) ended in Mar. 2026 was MXN0.5 Mil.

Workhorse Group Tax Provision Historical Data

* Premium members only.

The historical data trend for Workhorse Group's Tax Provision 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.

Workhorse Group Tax Provision Chart

Workhorse Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Provision
Get a 7-Day Free Trial Premium Member Only Premium Member Only 448.17 0.00 1.88 -0.02 -0.07

Workhorse Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Provision Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 -0.07 0.61
MEX:WKHS
33GF Score
Workhorse Group Inc MEX:WKHS
Tax Provision is just one metric. See GF Score™, valuation, warning signs, and more.
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Workhorse Group Tax Provision Calculation

Tax to be paid.

Tax Provision for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN0.5 Mil.

* 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.

Frequently Asked Questions Learn more about Tax Provision →
What does a Tax Provision of MXN0.5 Mil mean?
Workhorse Group (MEX:WKHS) has a Tax Provision of MXN0.5 Mil as of Mar. 2026. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on Workhorse Group and its competitors.
Is Workhorse Group's Tax Provision too high?
Workhorse Group's current Tax Provision is MXN0.5 Mil. Overall, Workhorse Group has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Workhorse Group's Tax Provision compare to FABC and FFAI?
Workhorse Group's Tax Provision of MXN0.5 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Provision for a Vehicles & Parts company?
A good Tax Provision depends on the Vehicles & Parts industry context. However, Tax Provision should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Provision mean?
A high Tax Provision can signal that a stock is expensive relative to its fundamentals. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on Workhorse Group and its competitors. Workhorse Group's current Tax Provision is MXN0.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Workhorse Group stock overvalued right now?
Workhorse Group (MEX:WKHS) has a current Tax Provision of MXN0.5 Mil. The stock's GF Value™ is MXN204.70, compared to a current price of MXN44.70 — trading 78.2% below its estimated fair value. The current Tax Provision is MXN0.5 Mil. Workhorse Group's overall GF Score™ is 33/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Provision calculated?
Tax Provision is calculated from a company's financial statements. For Workhorse Group (MEX:WKHS), the current Tax Provision is MXN0.5 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Workhorse Group (MEX:WKHS) Overvalued in 2026?

Based on GuruFocus' analysis, Workhorse Group stock appears to be undervalued. The current stock price of MXN44.70 is trading 78.2% below its estimated GF Value™ of MXN204.70.

Key valuation signals for MEX:WKHS:

  • Tax Provision: MXN0.5 Mil
  • GF Value™: MXN204.70 vs. price of MXN44.70 (78.2% below fair value)
  • GF Score™: 33/100 with 8 warning signs

No single metric tells the full story. See the MEX:WKHS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Workhorse Group Business Description

Other Exchanges WKHS:USA0A3U:UK1WO0:Germany
Address 48443 Alpha Drive, Suite 190, Wixom, MI, USA, 48393
Workhorse Group Inc is a technology company with a vision to pioneer the transition to zero-emission commercial vehicles. Its focus is to provide sustainable and cost-effective solutions to the commercial transportation sector. It designs and manufactures all-electric vehicles, including the technology that optimizes the way these vehicles operate. It's focused on a core competency of bringing electric delivery vehicle platforms to serve the last-mile delivery market. Its products are marketed under the Workhorse brand.
33GF Score

Get the complete analysis for MEX:WKHS

Tax Provision is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN44.70
Price
MXN204.70
GF Value