Joby Aviation, Inc.
JOBYIndustrialsNASDAQAirports & Air Services · Last scanned Jul 18, 2026
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Daily timeframePart of the industrials sector, Joby Aviation, Inc. (JOBY) is listed under Airports & Air Services. With a market capitalization of $7.11B, it sits in mid-cap territory. The company offers facilitation of passenger transportation via helicopter or fixed wing aircraft.
Market Cap
$7.11B
Beta
2.71
P/E (TTM)
—
P/E (Fwd)
-14.46
EPS (TTM)
$-1.12
EPS (Fwd)
$-0.50
ROE
-68.0%
ROA
-24.6%
Cash
$2.47B
Total Debt
$747.7M
Free CF
-$380.6M
52W Change
-59.3%
Annual Financials
Cash vs Debt
Joby Aviation, Inc. holds $2.47B in cash against $747.7M in total debt, giving it a net cash position. This means the company could theoretically pay off all its debt and still have cash remaining. Free cash flow is running at -$380.6M, which bears watching. Negative free cash flow can be acceptable during heavy investment periods but needs to improve over time. Return on equity stands at -68.0%, which is negative for the sector. ROE measures how effectively a company uses shareholder capital to generate profits.
A beta of 2.71 means JOBY is more volatile than average. Investors should be prepared for wider price swings relative to broader indices. The strong cash position relative to debt provides a financial cushion that reduces balance sheet risk. The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing JOBY.