FJET (Starfighters Space) ROA %: -62.40% (As of Mar. 2026)


FJET Starfighters Space Inc FJET
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What is Starfighters Space ROA %?

Starfighters Space FJET +23.29% 14 ROA % is -62.40% as of Mar. 2026. GuruFocus rates FJET with a GF Score™ of 14/100. The stock has 1 warning sign investors should review. Among 356 Aerospace & Defense companies, Starfighters Space ranks worse than 95.22% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Starfighters Space's annualized Net Income for the quarter that ended in Mar. 2026 was $-17.08 Mil. Starfighters Space's average Total Assets over the quarter that ended in Mar. 2026 was $27.36 Mil. Therefore, Starfighters Space's annualized ROA % for the quarter that ended in Mar. 2026 was -62.40%.

The historical rank and industry rank for Starfighters Space's ROA % or its related term are showing as below:

FJET' s ROA % Range Over the Past 10 Years
Min: -128.95   Med: -113.54   Max: -85.53
Current: -94.01

During the past 3 years, Starfighters Space's highest ROA % was -85.53%. The lowest was -128.95%. And the median was -113.54%.

FJET's ROA % is ranked worse than
95.22% of 356 companies
in the Aerospace & Defense industry
Industry Median: 2.48 vs FJET: -94.01

Starfighters Space  (AMEX:FJET) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=-17.076/27.364
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-17.076 / 0)*(0 / 27.364)
=Net Margin %*Asset Turnover
=N/A %*0
=-62.40 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.

* 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.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % 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 ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


Starfighters Space ROA % Related Terms


Starfighters Space ROA % Historical Data

* Premium members only.

The historical data trend for Starfighters Space's ROA % 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.

Starfighters Space ROA % Chart

Starfighters Space Annual Data
Trend Dec23 Dec24 Dec25
ROA %
-128.95 -113.54 -85.53

Starfighters Space Quarterly Data
Dec23 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROA % Get a 7-Day Free Trial -103.02 -68.17 -64.07 -202.49 -62.40

FJET vs EVTL, ISSC, AIRO: ROA % Comparison

For the Aerospace & Defense subindustry, Starfighters Space's ROA %, along with its competitors' market caps and ROA % 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.


Starfighters Space ROA % vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Starfighters Space's ROA % distribution charts can be found below:

* The bar in red indicates where Starfighters Space's ROA % falls into.


FJET
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Starfighters Space Inc FJET
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Starfighters Space ROA % Calculation

Starfighters Space's annualized ROA % for the fiscal year that ended in Dec. 2025 is calculated as:

ROA %=Net Income (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=-16.544/( (10.301+28.387)/ 2 )
=-16.544/19.344
=-85.53 %

Starfighters Space's annualized ROA % for the quarter that ended in Mar. 2026 is calculated as:

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=-17.076/( (28.387+26.341)/ 2 )
=-17.076/27.364
=-62.40 %

* 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 ROA %, the net income of the last fiscal year and the average total 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. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of -62.40% mean?
Starfighters Space (FJET) has a ROA % of -62.40% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Starfighters Space and its competitors. According to the industry distribution chart, Starfighters Space ranks #339 out of 356 companies in the Aerospace & Defense industry, placing it in the top 95.2%.
Is Starfighters Space's ROA % too high?
Starfighters Space's current ROA % is -62.40%. Based on the distribution chart, Starfighters Space ranks #339 out of 356 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Starfighters Space has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Starfighters Space's ROA % compare to EVTL and ISSC?
According to the Aerospace & Defense industry distribution chart, Starfighters Space ranks #339 out of 356 companies for ROA %. This places Starfighters Space in the lower half of its industry. The industry median ROA % is 2.48. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for an Aerospace & Defense company?
The median ROA % among Aerospace & Defense companies is 2.48, based on 356 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Starfighters Space and its competitors. For the Aerospace & Defense industry, the median ROA % is 2.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Starfighters Space's current ROA % is -62.40%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Starfighters Space stock overvalued right now?
Starfighters Space (FJET) has a current ROA % of -62.40%. The current ROA % is -62.40%. Starfighters Space's overall GF Score™ is 14/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Starfighters Space (FJET), the current ROA % is -62.40% 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.

Starfighters Space Business Description

Address 505 Odyssey Way, Suite 203, Kennedy Space Center, Merritt Island, FL, USA, 32953
Starfighters Space Inc is a commercial aerospace company based at NASA's Kennedy Space Center in Florida, with an additional base of operations at Midland International Air & Space Port in Texas, and has a fleet of seven F-104 Fighter jets that are capable of flying MACH 2+. Its activities include air launch operations, pilot and space flight training, support research, hypersonic testing, and other aerospace development programs. The company has one operating segment, which is principally the operations of F-104 Fighter jets and the development of infrastructure for orbital space launch.
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