BETA TechnologiesBETA +0.24%12 Return-on-Tangible-Asset is -23.75% as of Mar. 2026. GuruFocus rates BETA with a GF Score™ of 12/100. The stock has 1 warning sign investors should review. Among 356 Aerospace & Defense companies, BETA Technologies ranks worse than 91.57% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. BETA Technologies's annualizedNet Income for the quarter that ended in Mar. 2026 was $-489.24 Mil. BETA Technologies's average total tangible assets for the quarter that ended in Mar. 2026 was $2,059.68 Mil. Therefore, BETA Technologies's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -23.75%.
The historical rank and industry rank for BETA Technologies's Return-on-Tangible-Asset or its related term are showing as below:
BETA'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -55.18 Med: -44.26 Max: -30.31
Current: -55.18
During the past 3 years, BETA Technologies's highest Return-on-Tangible-Asset was -30.31%. The lowest was -55.18%. And the median was -44.26%.
BETA's Return-on-Tangible-Asset is ranked worse than 91.57% of 356
companies
in the Aerospace & Defense industry
Industry Median: 3.085
vs BETA: -55.18
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
BETA Technologies Return-on-Tangible-Asset Related Terms
BETA Technologies Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for BETA Technologies's Return-on-Tangible-Asset 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.
BETA vs ACHR, ATRO, FLY: Return-on-Tangible-Asset Comparison
For the Aerospace & Defense subindustry, BETA Technologies's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.
BETA Technologies Return-on-Tangible-Asset vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, BETA Technologies's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where BETA Technologies's Return-on-Tangible-Asset 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 Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of -23.75% mean?
BETA Technologies (BETA) has a Return-on-Tangible-Asset of -23.75% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on BETA Technologies and its competitors. According to the industry distribution chart, BETA Technologies ranks #326 out of 356 companies in the Aerospace & Defense industry, placing it in the top 91.6%.
Is BETA Technologies' Return-on-Tangible-Asset too high?
BETA Technologies' current Return-on-Tangible-Asset is -23.75%. Based on the distribution chart, BETA Technologies ranks #326 out of 356 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, BETA Technologies has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does BETA Technologies' Return-on-Tangible-Asset compare to ACHR and ATRO?
According to the Aerospace & Defense industry distribution chart, BETA Technologies ranks #326 out of 356 companies for Return-on-Tangible-Asset. This places BETA Technologies in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.09. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for an Aerospace & Defense company?
The median Return-on-Tangible-Asset among Aerospace & Defense companies is 3.09, based on 356 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on BETA Technologies and its competitors. For the Aerospace & Defense industry, the median Return-on-Tangible-Asset is 3.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BETA Technologies's current Return-on-Tangible-Asset is -23.75%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BETA Technologies stock overvalued right now?
BETA Technologies (BETA) has a current Return-on-Tangible-Asset of -23.75%. The current Return-on-Tangible-Asset is -23.75%. BETA Technologies' overall GF Score™ is 12/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For BETA Technologies (BETA), the current Return-on-Tangible-Asset is -23.75% 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.
BETA Technologies Inc is an aerospace company. The group has developed an electric aircraft platform and propulsion systems that are positioned to transform the aviation industry forward into a new phase of growth. It designs, manufactures, and sells high-performance electric aircraft, modern electric propulsion systems, charging systems, and components. The group also invested in the underlying infrastructure of this breakthrough technology, which is critical to bringing electric aviation to life. The group has developed a differentiated presence in North America and is well-positioned to expand globally. Its products and services are Aircraft, Charge, Motor, Battery, Flight Controls, and Training. It has one operating segment: Development and Manufacturing of Electric Aircraft.
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