Joby Aviation, Inc.
JOBYIndustrialsNASDAQAirports & Air Services · Last scanned Jun 3, 2026
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Daily timeframeJoby Aviation, Inc., an air mobility company, engages in research, develop, test, manufacture, and sale of electric vertical takeoff and landing aircraft in the United States, Japan, Europe, and. The $11.68B market capitalization puts JOBY squarely in large-cap range for its industry. The company offers facilitation of passenger transportation via helicopter or fixed wing aircraft.
Market Cap
$11.68B
Beta
2.61
P/E (TTM)
—
P/E (Fwd)
-19.95
EPS (TTM)
$-1.14
EPS (Fwd)
$-0.59
ROE
-68.0%
ROA
-24.6%
Cash
$2.47B
Total Debt
$747.7M
Free CF
-$380.6M
52W Change
50.8%
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. The company is burning cash, with free cash flow at -$380.6M. This typically occurs when a company is investing aggressively in growth, but sustained cash burn can strain the balance sheet. 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 2.61 means JOBY is more volatile than average. Investors should be prepared for wider price swings relative to broader indices. With cash comfortably exceeding debt, JOBY has financial flexibility that may help navigate uncertain periods. The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for Joby Aviation, Inc. and its sector.