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Joby Aviation JOBY Return on assets

Return on assets at other companies

General Electric logo
General ElectricGE
6.8%+2.0pp
HEICO logo
HEICOHEI
8.9%+1.2pp
General Dynamics logo
General DynamicsGD
7.5%+0.4pp
FTAI Aviation Ltd. logo
FTAI Aviation Ltd.FTAI
12.2%+10.3pp
Eaton Corporation logo
Eaton CorporationETN
8.5%-1.7pp

Other financials

Income statement

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Revenue$24.2M
Operating income-$233.6M-43.1%
Net income-$110.0M-33.4%
EPS (diluted)-$0.12-9.1%

Balance sheet

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Cash & equivalents$875.4M+611%
Total debt$747.7M+2,265%
Total equity$2.0B+128%
Total assets$2.9B+170%

Cash flow

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Operating cash flow-$144.4M-30.2%
CapEx$77.9M+421%
Free cash flow-$222.4M-76.6%

Valuation

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Market cap$9.84B+70.6%
Enterprise value$9.71B+71.2%
P/S126.6×-51,827×

Profitability

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Operating margin-1,017%-508pp
Net margin-1,232.6%-616pp
FCF margin-850.1%-425pp

Returns & leverage

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Return on equity-68%+3.3pp
Debt / equity0.4×+0.3×
Current ratio22.1×+4.3×

Where this comes from

Calculated from Joby Aviation’s reported figures.

Based on trailing twelve months.

The official record: Joby Aviation’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Joby Aviation's return on assets?
Joby Aviation (JOBY) reported return on assets of -47.7% in Q1 2026.
How has Joby Aviation's return on assets changed year-over-year?
Joby Aviation's return on assets increased by 9.9% year-over-year, from -53% to -47.7%.
What is the long-term trend for Joby Aviation's return on assets?
Over 4 years (2021 to 2025), Joby Aviation's return on assets has grown at a 35.0% compound annual growth rate (CAGR), from -18.7% to -62%.
What does return on assets mean?
How much profit the company squeezes out of everything it owns.
How do you interpret return on assets?
Higher means more productive assets. Unlike ROE, it is unaffected by leverage, so a wide ROE-minus-ROA gap flags a heavily levered balance sheet.
How does return on assets compare across companies?
Best compared within an industry — asset intensity varies enormously across sectors. Not meaningful for banks, whose assets are largely financial.