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Joby AviationJOBY -1.11%29 Debt-to-Equity is 0.42 as of Jun. 2026, which is 1300% above its 10-year median of 0.03. GuruFocus rates JOBY with a GF Score™ of 29/100. The stock has 3 warning signs investors should review. Among 911 Transportation companies, Joby Aviation ranks better than 56.75% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Joby Aviation's Debt-to-Equity or its related term are showing as below:
JOBY'
s Debt-to-Equity Range Over the Past 10 Years
Min: -0.01 Med: 0.03 Max: 0.42
Current: 0.42
During the past 6 years, the highest Debt-to-Equity Ratio of Joby Aviation was 0.42. The lowest was -0.01. And the median was 0.03.
JOBY's Debt-to-Equity is ranked better than 56.75% of 911
companies
in the Transportation industry
Industry Median: 0.53
vs JOBY: 0.42
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Joby Aviation Debt-to-Equity Related Terms
Joby Aviation Debt-to-Equity Historical Data
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The historical data trend for Joby Aviation's Debt-to-Equity 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.
For the Airports & Air Services subindustry, Joby Aviation's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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-Equity vs Transportation Industry
For the Transportation industry and Industrials sector, Joby Aviation's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Joby Aviation's Debt-to-Equity 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.
Joby Aviation (JOBY) has a Debt-to-Equity of 0.42 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Joby Aviation and its competitors. This is 1300% above median its historical median of 0.03. According to the industry distribution chart, Joby Aviation ranks #394 out of 911 companies in the Transportation industry, placing it in the top 43.2%.
Is Joby Aviation's Debt-to-Equity too high?
Joby Aviation's current Debt-to-Equity of 0.42 is 1300% above median its 10-year median of 0.03. The Transportation industry median Debt-to-Equity is 0.53. Joby Aviation's value of 0.42 is 20.8% below this industry median. Based on the distribution chart, Joby Aviation ranks #394 out of 911 companies in the Transportation industry, which is above the industry midpoint. Overall, Joby Aviation has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Joby Aviation's Debt-to-Equity compare to CAAP and ASLE?
According to the Transportation industry distribution chart, Joby Aviation ranks #394 out of 911 companies for Debt-to-Equity. This puts Joby Aviation in the upper half of its industry. The industry median Debt-to-Equity is 0.53. Joby Aviation's value of 0.42 is 20.8% below this benchmark. While the company's 10-year median is 0.03 vs. the industry median of 0.53, Joby Aviation has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Transportation company?
The median Debt-to-Equity among Transportation companies is 0.53, based on 911 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Joby Aviation's current Debt-to-Equity of 0.42 is 20.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Joby Aviation and its competitors. For the Transportation industry, the median Debt-to-Equity is 0.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Joby Aviation's current Debt-to-Equity is 0.42, which is 1300% above median its own 10-year median of 0.03. 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 (JOBY) has a current Debt-to-Equity of 0.42. The current Debt-to-Equity is 0.42, which is 1300% above median its 10-year median of 0.03 and 20.8% below the Transportation industry median of 0.53. Joby Aviation's overall GF Score™ is 29/100 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-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Joby Aviation (JOBY), the current Debt-to-Equity is 0.42 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.
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