Joby Aviation (JOBY-WT) Return on Capital Employed (2021 - 2026)

Joby Aviation (JOBY-WT) recorded quarterly Return on Capital Employed of 35.15% in Q1 2026, up 25.73% quarter-over-quarter from 47.32% in Q4 2025, and up 2088.0% on a YoY basis from 1.61% in Q1 2025.

Joby Aviation (JOBY-WT) Return on Capital Employed (2021 - 2026) Analysis & Trends

Joby Aviation's Return on Capital Employed history runs 6 years deep, the most recent figure standing at 35.15% for Q1 2026.

  • In Q1 2026, Return on Capital Employed rose 2088.0% year-over-year to 35.15%; the TTM figure through Mar 2026 stood at 35.15% (up 2088.0% YoY), while the FY2025 annual figure was 50.0%, up 22.0% from the prior year.
  • Return on Capital Employed was 35.15% for Q1 2026 at Joby Aviation, up from 47.32% in the prior quarter.
  • In the past five years, Return on Capital Employed ranged from a high of 21.4% in Q1 2022 to a low of 58.97% in Q3 2024.
  • Historically, Return on Capital Employed has averaged 41.31% across 5 years, with a median of 37.34% in 2023.
  • The sharpest annual moves came in 2024 and 2026: Return on Capital Employed tumbled 2570 bps in 2024, then jumped 2088 bps in 2026.
  • A 5-year view of Return on Capital Employed shows it stood at 31.3% in 2022, then fell by 19 bps to 37.34% in 2023, then tumbled by 54 bps to 57.62% in 2024, then advanced by 18 bps to 47.32% in 2025, then grew by 26 bps to 35.15% in 2026.
  • The last three Return on Capital Employed figures came in at 35.15% (Q1 2026), 47.32% (Q4 2025), and 53.52% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Pacific Airport 6,659.14 Bn 6,658.57 Bn 9.82 Bn -
2 Joby Aviation 9.01 Bn 9.01 Bn 5.44 Mn -35.15%
3 Southeast Airport 4.62 Bn 4.02 Bn - -
4 Central North Airport 2.05 Bn 1.93 Bn - -
5 Wheels Up Experience 259.93 Mn 126.00 Mn - -
6 Volato 5.42 Mn 3.15 Mn 703,000.00 -55.30%
7 AerSale 3.97 Mn -405,177.49 - -
8 Corporacion America Airports 11,914.50 -674.98 Mn 198.55 Mn 13.84%
9 Icts International N V - - - -
10 Joby Aviation - - 5.44 Mn -35.15%

Historic Data

Download Data
DateValue
Mar 31, 2026 -35.15%
Dec 31, 2025 -47.32%
Sep 30, 2025 -53.52%
Jun 30, 2025 -57.29%
Mar 31, 2025 -56.02%
Dec 31, 2024 -57.62%
Sep 30, 2024 -58.97%
Jun 30, 2024 -50.71%
Mar 31, 2024 -43.97%
Dec 31, 2023 -37.34%
Sep 30, 2023 -33.27%
Jun 30, 2023 -32.39%
Mar 31, 2023 -32.44%
Dec 31, 2022 -31.30%
Sep 30, 2022 -28.61%
Jun 30, 2022 -24.90%
Mar 31, 2022 -21.40%
Dec 31, 2021 -17.32%
Sep 30, 2021 -16.58%
Jun 30, 2021 -21.96%