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JOBY vs CAT vs DE vs ACHR
Revenue, margins, valuation, and 5-year total return — side by side.
Agricultural - Machinery
Agricultural - Machinery
Aerospace & Defense
JOBY vs CAT vs DE vs ACHR — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||||
|---|---|---|---|---|
| Industry | Airlines, Airports & Air Services | Agricultural - Machinery | Agricultural - Machinery | Aerospace & Defense |
| Market Cap | $9.83B | $458.69B | $159.06B | $4.23B |
| Revenue (TTM) | $78M | $70.75B | $46.86B | $2M |
| Net Income (TTM) | $-957M | $9.42B | $4.78B | $-743M |
| Gross Margin | 11.2% | 32.5% | 35.4% | -373.7% |
| Operating Margin | -10.2% | 16.6% | 18.4% | -440.7% |
| Forward P/E | — | 40.0x | 32.6x | — |
| Total Debt | $61M | $43.33B | $63.94B | $42M |
| Cash & Equiv. | $241M | $9.98B | $8.28B | $1.02B |
JOBY vs CAT vs DE vs ACHR — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | Dec 20 | Jun 26 | Return |
|---|---|---|---|
| Joby Aviation, Inc. (JOBY) | 100 | 86.5 | -13.5% |
| Caterpillar Inc. (CAT) | 100 | 541.6 | +441.6% |
| Deere & Company (DE) | 100 | 219.0 | +119.0% |
| Archer Aviation Inc. (ACHR) | 100 | 55.4 | -44.6% |
Price return only. Dividends and distributions are not included.
Quick Verdict: JOBY vs CAT vs DE vs ACHR
Each card shows where this stock fits in a portfolio — not just who wins on paper.
JOBY is the clearest fit if your priority is growth.
- 391.8% revenue growth vs ACHR's -43.6%
CAT carries the broadest edge in this set and is the clearest fit for growth exposure and long-term compounding.
- Rev growth 4.3%, EPS growth -14.6%, 3Y rev CAGR 4.4%
- 12.5% 10Y total return vs DE's 6.4%
- PEG 1.42 vs DE's 2.00
- Better valuation composite
DE is the #2 pick in this set and the best alternative if income & stability and sleep-well-at-night is your priority.
- Dividend streak 5 yrs, beta 0.54, yield 1.1%
- Lower volatility, beta 0.54, current ratio 2.31x
- Beta 0.54, yield 1.1%, current ratio 2.31x
- Beta 0.54 vs JOBY's 3.24
ACHR lags the leaders in this set but could rank higher in a more targeted comparison.
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 391.8% revenue growth vs ACHR's -43.6% | |
| Value | Better valuation composite | |
| Quality / Margins | 13.3% margin vs ACHR's -390.8% | |
| Stability / Safety | Beta 0.54 vs JOBY's 3.24 | |
| Dividends | 1.1% yield, 5-year raise streak, vs CAT's 0.6%, (2 stocks pay no dividend) | |
| Momentum (1Y) | +175.7% vs ACHR's -45.4% | |
| Efficiency (ROA) | 10.0% ROA vs JOBY's -52.1%, ROIC 15.9% vs -54.7% |
JOBY vs CAT vs DE vs ACHR — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
JOBY vs CAT vs DE vs ACHR — Financial Metrics
Side-by-side numbers across 4 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
CAT leads in 3 of 6 categories
DE leads 1 • JOBY leads 0 • ACHR leads 0 • 2 tied
Explore the data ↓Income & Cash Flow (Last 12 Months)
CAT leads this category, winning 4 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
CAT is the larger business by revenue, generating $70.8B annually — 37239.5x ACHR's $2M. CAT is the more profitable business, keeping 13.3% of every revenue dollar as net income compared to ACHR's -390.8%. On growth, CAT holds the edge at +22.2% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||||
|---|---|---|---|---|
| RevenueTrailing 12 months | $78M | $70.8B | $46.9B | $2M |
| EBITDAEarnings before interest/tax | -$759M | $14.0B | $10.3B | -$813M |
| Net IncomeAfter-tax profit | -$957M | $9.4B | $4.8B | -$743M |
| Free Cash FlowCash after capex | -$661M | $11.4B | $3.8B | -$589M |
| Gross MarginGross profit ÷ Revenue | +11.2% | +32.5% | +35.4% | -3.7% |
| Operating MarginEBIT ÷ Revenue | -10.2% | +16.6% | +18.4% | -440.7% |
| Net MarginNet income ÷ Revenue | -12.3% | +13.3% | +10.2% | -390.8% |
| FCF MarginFCF ÷ Revenue | -8.5% | +16.2% | +8.0% | -309.9% |
| Rev. Growth (YoY)Latest quarter vs prior year | — | +22.2% | +6.7% | — |
| EPS Growth (YoY)Latest quarter vs prior year | -9.1% | +30.2% | -1.4% | -64.7% |
Valuation Metrics
DE leads this category, winning 3 of 7 comparable metrics.
Valuation Metrics
At 31.9x trailing earnings, DE trades at a 39% valuation discount to CAT's 52.4x P/E. Adjusting for growth (PEG ratio), CAT offers better value at 1.86x vs DE's 1.95x — a lower PEG means you pay less per unit of expected earnings growth.
| Metric | ||||
|---|---|---|---|---|
| Market CapShares × price | $9.8B | $458.7B | $159.1B | $4.2B |
| Enterprise ValueMkt cap + debt − cash | $9.7B | $492.0B | $214.7B | $3.3B |
| Trailing P/EPrice ÷ TTM EPS | -8.85x | 52.35x | 31.85x | -5.63x |
| Forward P/EPrice ÷ next-FY EPS est. | — | 39.97x | 32.60x | — |
| PEG RatioP/E ÷ EPS growth rate | — | 1.86x | 1.95x | — |
| EV / EBITDAEnterprise value multiple | — | 36.52x | 20.17x | — |
| Price / SalesMarket cap ÷ Revenue | 184.03x | 6.79x | 3.56x | 9999.00x |
| Price / BookPrice ÷ Book value/share | 5.86x | 21.69x | 6.16x | 1.58x |
| Price / FCFMarket cap ÷ FCF | — | 44.65x | 49.23x | — |
Profitability & Efficiency
CAT leads this category, winning 5 of 9 comparable metrics.
Profitability & Efficiency
CAT delivers a 47.5% return on equity — every $100 of shareholder capital generates $48 in annual profit, vs $-74 for JOBY. ACHR carries lower financial leverage with a 0.02x debt-to-equity ratio, signaling a more conservative balance sheet compared to DE's 2.46x. On the Piotroski fundamental quality scale (0–9), DE scores 6/9 vs JOBY's 3/9, reflecting solid financial health.
| Metric | ||||
|---|---|---|---|---|
| ROE (TTM)Return on equity | -74.2% | +47.5% | +18.2% | -39.0% |
| ROA (TTM)Return on assets | -52.1% | +10.0% | +4.5% | -34.4% |
| ROICReturn on invested capital | -54.7% | +15.9% | +7.8% | -89.6% |
| ROCEReturn on capital employed | -49.8% | +19.1% | +11.7% | -44.3% |
| Piotroski ScoreFundamental quality 0–9 | 3 | 5 | 6 | 5 |
| Debt / EquityFinancial leverage | 0.04x | 2.03x | 2.46x | 0.02x |
| Net DebtTotal debt minus cash | -$180M | $33.4B | $55.7B | -$979M |
| Cash & Equiv.Liquid assets | $241M | $10.0B | $8.3B | $1.0B |
| Total DebtShort + long-term debt | $61M | $43.3B | $63.9B | $42M |
| Interest CoverageEBIT ÷ Interest expense | — | 9.22x | 3.07x | — |
Total Returns (Dividends Reinvested)
CAT leads this category, winning 6 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in CAT five years ago would be worth $48,451 today (with dividends reinvested), compared to $5,609 for ACHR. Over the past 12 months, CAT leads with a +175.7% total return vs ACHR's -45.4%. The 3-year compound annual growth rate (CAGR) favors CAT at 60.8% vs JOBY's 11.0% — a key indicator of consistent wealth creation.
| Metric | ||||
|---|---|---|---|---|
| YTD ReturnYear-to-date | -30.4% | +65.2% | +26.6% | -31.5% |
| 1-Year ReturnPast 12 months | +13.1% | +175.7% | +13.5% | -45.4% |
| 3-Year ReturnCumulative with dividends | +36.8% | +315.8% | +48.9% | +41.0% |
| 5-Year ReturnCumulative with dividends | +0.4% | +384.5% | +87.3% | -43.9% |
| 10-Year ReturnCumulative with dividends | -4.8% | +1247.4% | +636.2% | -44.1% |
| CAGR (3Y)Annualised 3-year return | +11.0% | +60.8% | +14.2% | +12.1% |
Risk & Volatility
Evenly matched — CAT and DE each lead in 1 of 2 comparable metrics.
Risk & Volatility
DE is the less volatile stock with a 0.54 beta — it tends to amplify market swings less than JOBY's 3.24 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. CAT currently trades 99.1% from its 52-week high vs ACHR's 38.1% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||||
|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 3.24x | 1.64x | 0.54x | 3.06x |
| 52-Week HighHighest price in past year | $20.95 | $994.49 | $674.19 | $14.62 |
| 52-Week LowLowest price in past year | $7.75 | $356.96 | $433.00 | $4.80 |
| % of 52W HighCurrent price vs 52-week peak | +47.7% | +99.1% | +87.4% | +38.1% |
| RSI (14)Momentum oscillator 0–100 | 43.4 | 61.4 | 58.1 | 41.3 |
| Avg Volume (50D)Average daily shares traded | 28.7M | 2.5M | 1.1M | 39.6M |
Analyst Outlook
Evenly matched — CAT and DE each lead in 1 of 2 comparable metrics.
Analyst Outlook
Analyst consensus: JOBY as "Hold", CAT as "Buy", DE as "Hold", ACHR as "Buy". Consensus price targets imply 115.4% upside for ACHR (target: $12) vs -10.5% for CAT (target: $882). For income investors, DE offers the higher dividend yield at 1.07% vs CAT's 0.59%.
| Metric | ||||
|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Hold | Buy | Hold | Buy |
| Price TargetConsensus 12-month target | $16.50 | $882.20 | $690.00 | $12.00 |
| # AnalystsCovering analysts | 8 | 53 | 46 | 9 |
| Dividend YieldAnnual dividend ÷ price | — | +0.6% | +1.1% | — |
| Dividend StreakConsecutive years of raises | — | 32 | 5 | — |
| Dividend / ShareAnnual DPS | — | $5.86 | $6.33 | — |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | +1.1% | +0.7% | 0.0% |
CAT leads in 3 of 6 categories (Income & Cash Flow, Profitability & Efficiency). DE leads in 1 (Valuation Metrics). 2 tied.
JOBY vs CAT vs DE vs ACHR: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is JOBY or CAT or DE or ACHR a better buy right now?
For growth investors, Joby Aviation, Inc.
(JOBY) is the stronger pick with 391. 8% revenue growth year-over-year, versus -11. 6% for Deere & Company (DE). Deere & Company (DE) offers the better valuation at 31. 9x trailing P/E (32. 6x forward), making it the more compelling value choice. Analysts rate Caterpillar Inc. (CAT) a "Buy" — based on 53 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — JOBY or CAT or DE or ACHR?
On trailing P/E, Deere & Company (DE) is the cheapest at 31.
9x versus Caterpillar Inc. at 52. 4x. On forward P/E, Deere & Company is actually cheaper at 32. 6x. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: Caterpillar Inc. wins at 1. 42x versus Deere & Company's 2. 00x — a reasonable growth-adjusted valuation.
03Which is the better long-term investment — JOBY or CAT or DE or ACHR?
Over the past 5 years, Caterpillar Inc.
(CAT) delivered a total return of +384. 5%, compared to -43. 9% for Archer Aviation Inc. (ACHR). Over 10 years, the gap is even starker: CAT returned +1247% versus ACHR's -44. 1%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — JOBY or CAT or DE or ACHR?
By beta (market sensitivity over 5 years), Deere & Company (DE) is the lower-risk stock at 0.
54β versus Joby Aviation, Inc. 's 3. 24β — meaning JOBY is approximately 497% more volatile than DE relative to the S&P 500. On balance sheet safety, Archer Aviation Inc. (ACHR) carries a lower debt/equity ratio of 2% versus 2% for Deere & Company — giving it more financial flexibility in a downturn.
05Which is growing faster — JOBY or CAT or DE or ACHR?
By revenue growth (latest reported year), Joby Aviation, Inc.
(JOBY) is pulling ahead at 391. 8% versus -11. 6% for Deere & Company (DE). On earnings-per-share growth, the picture is similar: Archer Aviation Inc. grew EPS 30. 3% year-over-year, compared to -29. 9% for Joby Aviation, Inc.. Over a 3-year CAGR, CAT leads at 4. 4% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — JOBY or CAT or DE or ACHR?
Caterpillar Inc.
(CAT) is the more profitable company, earning 13. 1% net margin versus -2060. 7% for Archer Aviation Inc. — meaning it keeps 13. 1% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: DE leads at 18. 8% versus -2431. 0% for ACHR. At the gross margin level — before operating expenses — DE leads at 36. 5%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is JOBY or CAT or DE or ACHR more undervalued right now?
The PEG ratio (forward P/E divided by expected earnings growth rate) is the most precise measure of undervaluation relative to growth potential.
By this metric, Caterpillar Inc. (CAT) is the more undervalued stock at a PEG of 1. 42x versus Deere & Company's 2. 00x. A PEG below 1. 5 suggests fair-to-attractive pricing relative to expected growth. On forward earnings alone, Deere & Company (DE) trades at 32. 6x forward P/E versus 40. 0x for Caterpillar Inc. — 7. 4x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for ACHR: 115. 4% to $12. 00.
08Which pays a better dividend — JOBY or CAT or DE or ACHR?
In this comparison, DE (1.
1% yield), CAT (0. 6% yield) pay a dividend. JOBY, ACHR do not pay a meaningful dividend and should not be held primarily for income.
09Is JOBY or CAT or DE or ACHR better for a retirement portfolio?
For long-horizon retirement investors, Deere & Company (DE) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.
54), 1. 1% yield, +636. 2% 10Y return). Archer Aviation Inc. (ACHR) carries a higher beta of 3. 06 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (DE: +636. 2%, ACHR: -44. 1%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between JOBY and CAT and DE and ACHR?
Both stocks operate in the Industrials sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: JOBY is a small-cap high-growth stock; CAT is a large-cap quality compounder stock; DE is a mid-cap quality compounder stock; ACHR is a small-cap quality compounder stock. CAT, DE pay a dividend while JOBY, ACHR do not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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