Fundamental analysis · SEC EDGAR · TTM through 31/03/2026
JOBY · NYSE · Aircraft
Fundamental quality
72
out of 100
Joby Aviation, Inc. is in full growth mode but not yet profitable: revenue is growing strongly (150% a year), but it doesn't translate into earnings yet. On fundamental quality it scores 72 out of 100, profiling it as a company of reasonable quality. Its weakest area is its profitability (ROE -48.9%). Whether it's cheap or expensive depends on the current price, which you can compute in the tool.
Joby develops electric vertical-takeoff air taxis (eVTOL) for short urban trips, with Toyota as industrial partner and shareholder. It has no commercial revenue yet: everything depends on certifying the aircraft and manufacturing it at scale.
Revenue growth: 150%
ROE: -48.9%
Net debt/EBITDA: 0.23x
Source: SEC EDGAR · TTM through 31/03/2026
The score combines growth, profitability and financial strength. Here its growth weighs in its favor, while its profitability drags it down the most.
Key concepts
What do these metrics mean? Fundamental analysis · What is the P/E · What is EPS · What is ROE · Net & gross margin · Free cash flow
| Year | Revenue | Net income | Free cash flow | Net debt |
|---|---|---|---|---|
| 2021 | 0 | -180 | -228 | -956 |
| 2022 | 0 | -258 | -291 | -146 |
| 2023 | 1 | -513 | -344 | -204 |
| 2024 | 0 | -608 | -477 | -200 |
| 2025 | 53 | -930 | -564 | -241 |
Annual figures in millions of U.S. dollars ($M) per SEC filings. Net debt is total debt minus cash.
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Is Joby Aviation, Inc. cheap or expensive?
That depends on the current price. Look it up, enter it in the tool and get the full valuation verdict (P/E against its sector).
Compute the valuation →Is Joby Aviation, Inc. a good company to invest in?
In terms of business quality, Joby Aviation, Inc. scores 72 out of 100 in our analysis, placing it as a company of reasonable quality. That said, this isn't a recommendation: whether it's a good investment also depends on its current price and your goals.
Does Joby Aviation, Inc. have a lot of debt?
Not particularly. Its net debt is 0.23 times its EBITDA, a low level.
Is Joby Aviation, Inc. growing?
Its revenue has grown 150% annualized in recent years.
The thresholds are general and the system doesn't judge qualitative factors. See the full methodology and use this analysis as a first filter, never as a final decision.
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