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Joby AviationFRA:8TQ -2.40%19 Debt-to-EBITDA is -0.75 as of Jun. 2026. GuruFocus rates FRA:8TQ with a GF Score™ of 19/100. The stock has 3 warning signs investors should review. Among 867 Transportation companies, Joby Aviation ranks worse than 115340.14% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Joby Aviation's Debt-to-EBITDA or its related term are showing as below:
FRA:8TQ'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.89 Med: -0.06 Max: -0.03
Current: -0.89
During the past 6 years, the highest Debt-to-EBITDA Ratio of Joby Aviation was -0.03. The lowest was -0.89. And the median was -0.06.
FRA:8TQ's Debt-to-EBITDA is ranked worse than 100% of 867
companies
in the Transportation industry
Industry Median: 2.59
vs FRA:8TQ: -0.89
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Joby Aviation Debt-to-EBITDA Related Terms
Joby Aviation Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Joby Aviation's Debt-to-EBITDA 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.
FRA:8TQ vs CAAP, ASLE, UP: Debt-to-EBITDA Comparison
For the Airports & Air Services subindustry, Joby Aviation's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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.
Joby Aviation Debt-to-EBITDA vs Transportation Industry
For the Transportation industry and Industrials sector, Joby Aviation's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Joby Aviation's Debt-to-EBITDA falls into.
* 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.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Jun. 2026) EBITDA data.
Joby Aviation (FRA:8TQ) has a Debt-to-EBITDA of -0.75 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Joby Aviation. According to the industry distribution chart, Joby Aviation ranks #999999 out of 867 companies in the Transportation industry.
Is Joby Aviation's Debt-to-EBITDA too high?
Joby Aviation's current Debt-to-EBITDA is -0.75. Based on the distribution chart, Joby Aviation ranks #999999 out of 867 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Joby Aviation has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Joby Aviation's Debt-to-EBITDA compare to CAAP and ASLE?
According to the Transportation industry distribution chart, Joby Aviation ranks #999999 out of 867 companies for Debt-to-EBITDA. This places Joby Aviation in the lower half of its industry. The industry median Debt-to-EBITDA is 2.59. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Transportation company?
The median Debt-to-EBITDA among Transportation companies is 2.59, based on 867 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA 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 Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Joby Aviation. For the Transportation industry, the median Debt-to-EBITDA is 2.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Joby Aviation's current Debt-to-EBITDA is -0.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Joby Aviation stock overvalued right now?
Joby Aviation (FRA:8TQ) has a current Debt-to-EBITDA of -0.75. The current Debt-to-EBITDA is -0.75. Joby Aviation's overall GF Score™ is 19/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Joby Aviation (FRA:8TQ), the current Debt-to-EBITDA is -0.75 as of Jun. 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.
Joby Aviation Inc is a transportation company developing an all-electric, vertical take-off and landing (eVTOL) air taxi for commercial passenger service. Its Joby eVTOL aircraft is designed to transport a pilot and up to four passengers or an expected payload of up to 1,000 pounds at speeds of up to 200 mph. The aircraft is optimized for urban routes, with a target range of up to 100 miles on a single charge. The company is also developing an app-based platform that will help consumers to book rides directly through its service. It has one operating and reportable segment, air transportation and related services. The company's revenue consists of passenger revenue, which includes revenue generated from the transportation of passengers via helicopter or fixed wing aircraft.
19GF Score
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