Archer Aviation (ACHR) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Archer Aviation

NYSE•Industrials•Aerospace & Defense

$5.34+0.12(0.02%)Market open

Market Cap

$4.22B

P/S

611.8x

P/B

2.2x

Archer Aviation Inc., together with its subsidiaries, designs and develops aircraft and related technologies and services for commercial and defense sectors in the United States and internationally. The company offers electric vertical takeoff and landing (eVTOL) aircraft for urban air taxi operations. Archer Aviation Inc. is based in San Jose, California.

How this company scores

AverageMetricSide Score: 43/100

Strongest: Balance Sheet & Red Flags (19/25); weakest: Cash & Earnings Quality (6/25).

Profitability9/25

Growth9/25

Balance Sheet & Red Flags19/25

Cash & Earnings Quality6/25

Strengths

Low leverageNet cash positionImproving margins

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/S · 611.8x5y range 611.8x – 15711.7x

P/B · 2.2x5y range 0.9x – 5.0x

Currently near its 20-quarter median.

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Earnings Quality

Red Flag

Free cash flow has been negative in 8 of the last 8 quarters — earnings are not translating to cash.

Price & Volume

Market Cap $4.22B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $6.90M
Q. Revenue: $5.00M
TTM EBITDA: $-914.00M
TTM Op. Income: $-943.00M
Q. Op. Income: $-279.20M
TTM Net Income: $-799.70M
Q. Net Income: $-263.20M
EPS: $-0.34
Shares Out.: $781.70M

$6.90M in TTM revenue grew from zero YoY, reaching $5.00M last quarter. TTM EBITDA of $-914.00M and TTM operating income of $-943.00M show growth is flowing through to the bottom line. However, net income is negative at $799.70M — growth is not yet reaching the bottom line. Across the last 8 quarters, TTM revenue has risen for 3 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 100.0%
EBITDA Margin: -5382.0%
Op. Margin: -5584.0%
Net Margin: -5264.0%

Op. margin of -5584.0% is up 17609994416.0% YoY — cost efficiency is improving. Net margin at -5264.0% and gross margin of 100.0% show how much of each revenue dollar survives to profit. Across the last 8 quarters, operating margin has risen for 4 consecutive quarters — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: N/A
P/S Ratio: 611.8x
P/B Ratio: 2.2x

P/S of 611.8x and P/B of 2.2x. P/S is high, meaning growth expectations are priced in.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $2.21B
Cash: $852.70M
Long-Term Debt: $78.00M
Book Value: $1.89B
D/E Ratio: 0.0
Debt/EBITDA: N/A

With $2.21B in assets and $78.00M in long-term debt, D/E is 0.0and book value is $1.89B — a conservative capital structure with a cushion to weather downturns. Across the last 6 quarters, debt/equity has risen for 2 consecutive quarters — a weakening trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $-156.40M
TTM Free Cash Flow: $-660.00M
FCF Margin: -9565.2%
FCF / Net Income: 0.8

TTM FCF of $-660.00M on $-156.40M in operating cash flow. The FCF / Net Income ratio of 0.8x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has fallen for 7 consecutive quarters — a weakening trend.