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Joby AviationSTU:8TQ -1.55%30 ROA % is -18.72% as of Mar. 2026. GuruFocus rates STU:8TQ with a GF Score™ of 30/100. The stock has 4 warning signs investors should review. Among 1,011 Transportation companies, Joby Aviation ranks worse than 99.11% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Joby Aviation's annualizedNet Income for the quarter that ended in Mar. 2026 was €-380.43 Mil.
Joby Aviation's average Total Assets over the quarter that ended in Mar. 2026 was €2,032.71 Mil. Therefore, Joby Aviation's annualized ROA % for the quarter that ended in Mar. 2026 was -18.72%.
The historical rank and industry rank for Joby Aviation's ROA % or its related term are showing as below:
STU:8TQ'
s ROA % Range Over the Past 10 Years
Min: -62.02 Med: -31.5 Max: -18.16
Current: -56.76
During the past 6 years, Joby Aviation's highest ROA % was -18.16%. The lowest was -62.02%. And the median was -31.50%.
STU:8TQ's ROA % is ranked worse than 99.11% of 1011
companies
in the Transportation industry
Industry Median: 3.4
vs STU:8TQ: -56.76
Joby Aviation (STU:8TQ) 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 banks 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:
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.
Joby Aviation ROA % Related Terms
Joby Aviation ROA % Historical Data
* Premium members only.
The historical data trend for Joby Aviation'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.
For the Airports & Air Services subindustry, Joby Aviation'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.
Joby Aviation ROA % vs Transportation Industry
For the Transportation industry and Industrials sector, Joby Aviation's ROA % distribution charts can be found below:
* The bar in red indicates where Joby Aviation's ROA % 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 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.
Joby Aviation (STU:8TQ) has a ROA % of -18.72% 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 Joby Aviation and its competitors. According to the industry distribution chart, Joby Aviation ranks #1002 out of 1011 companies in the Transportation industry, placing it in the top 99.1%.
Is Joby Aviation's ROA % too high?
Joby Aviation's current ROA % is -18.72%. Based on the distribution chart, Joby Aviation ranks #1002 out of 1011 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Joby Aviation has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Joby Aviation's ROA % compare to CAAP and ASLE?
According to the Transportation industry distribution chart, Joby Aviation ranks #1002 out of 1011 companies for ROA %. This places Joby Aviation in the lower half of its industry. The industry median ROA % is 3.40. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for a Transportation company?
The median ROA % among Transportation companies is 3.40, based on 1,011 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 Joby Aviation and its competitors. For the Transportation industry, the median ROA % is 3.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Joby Aviation's current ROA % is -18.72%. 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 (STU:8TQ) has a current ROA % of -18.72%. The current ROA % is -18.72%. Joby Aviation's overall GF Score™ is 30/100 with 4 warning signs 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 Joby Aviation (STU:8TQ), the current ROA % is -18.72% 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.
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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