SkyWest
SKYW
96.64
-1.07
-1.10%
SkyWest
US · SKYW
#2326 by market cap
Listed 1970
96.64
-1.07
-1.10%
Live - 5344 symbols - heartbeat 371s ago
· 2026-10-08 08:08
Pre-market
96.11
-0.55%
After-hours
96.64
0.00%
- Market cap
- 3.75B
- P/E (TTM)i
- 9.60
- P/Bi
- 1.36
- EPSi
- 10.35
- Div yieldi
- 0.00%
- 52W posi
- 47%
Reader sentiment
Are you bullish or bearish on SKYW?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Weak
- Altman Z-Score is 1.79, below the 1.8 "distress zone" threshold.
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 8 years
Latest year +15.03% YoY
Margins
- Gross margin
- 23.38%
- Operating margin
- 15.22%
- Net margin
- 10.55%
Key ratios & quality
- Enterprise valuei
- 5.46B
- PEG ratioi
- 0.12
- Altman Z-Scorei
- 1.79
PEG uses trailing P/E against the 3-year net income growth rate (80.40%/yr) since forward earnings estimates aren't available here, so this is not a "forward PEG." Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3.22B | 2.97B | 2.13B | 2.71B | 3.00B | 2.94B | 3.53B | 4.06B |
| Gross profit | 747.11M | 777.86M | -13.89M | 193.72M | 499.31M | 397.70M | 794.22M | 948.61M |
| Selling & admin expenses | -- | -- | -- | -- | -- | -- | -- | -- |
| Research & development | -- | -- | -- | -- | -- | -- | -- | -- |
| Operating profit | 474.28M | 534.13M | 108.80M | 360.46M | 181.16M | 104.07M | 494.66M | 617.85M |
| Pretax profit | 366.31M | 446.31M | -7.33M | 150.61M | 92.58M | 40.31M | 432.14M | 565.59M |
| Tax | 85.94M | 106.21M | 1.19M | 38.70M | 19.63M | 5.97M | 109.18M | 137.26M |
| Net profit | 280.37M | 340.10M | -8.52M | 111.91M | 72.95M | 34.34M | 322.96M | 428.33M |
| Basic EPS | 5 | 7 | 0 | 2 | 1 | 1 | 8 | 11 |
| Diluted EPS | 5.30 | 6.62 | -0.17 | 2.20 | 1.44 | 0.77 | 7.77 | 10.35 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 948.46M | 1.04B | 1.05B | 1.02B | 1.01B | 1.10B |
| Gross profit | 220.29M | 261.37M | 251.85M | 215.10M | 212.76M | 247.34M |
| Selling & admin expenses | -- | -- | -- | -- | -- | -- |
| Research & development | -- | -- | -- | -- | -- | -- |
| Operating profit | 139.38M | 170.13M | 174.14M | 134.20M | 123.69M | 155.83M |
| Pretax profit | 120.72M | 163.12M | 157.17M | 124.59M | 107.77M | 138.85M |
| Tax | 20.17M | 42.85M | 40.81M | 33.43M | 6.08M | 38.15M |
| Net profit | 100.55M | 120.27M | 116.36M | 91.16M | 101.69M | 100.70M |
| Basic EPS | 2 | 3 | 3 | 2 | 3 | 3 |
| Diluted EPS | 2.42 | 2.91 | 2.81 | 2.21 | 2.50 | 2.54 |
Balance sheet
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 1.02B | 760.35M | 982.80M | 1.07B | 1.37B | 1.13B | 1.12B | 1.09B |
| Cash & ST investments | 689.33M | 520.17M | 825.91M | 860.41M | 1.05B | 835.22M | 801.63M | 706.91M |
| Inventory | 127.69M | 110.50M | 91.20M | 104.09M | 123.21M | 127.11M | 139.00M | 168.55M |
| Total assets | 6.31B | 6.66B | 6.89B | 7.13B | 7.41B | 7.03B | 7.14B | 7.39B |
| Total current liabilities | 924.83M | 924.68M | 941.72M | 1.19B | 1.17B | 1.25B | 1.43B | 1.67B |
| Short-term debt | 350.21M | 458.93M | 484.80M | 470.68M | 510.23M | 463.20M | 556.06M | 566.44M |
| Long-term debt | 2.81B | 2.63B | 2.80B | 2.72B | 2.94B | 2.56B | 2.14B | 1.85B |
| Total liabilities | 4,348,931,000.00 | 4,482,115,000.00 | 4,748,077,000.00 | 4,858,433,000.00 | 5,066,922,000.00 | 4,912,791,000.00 | 4,731,086,000.00 | 4,639,816,000.00 |
| Total equity | 1.96B | 2.18B | 2.14B | 2.27B | 2.35B | 2.11B | 2.41B | 2.75B |
| Retained earnings | 1.78B | 2.08B | 2.05B | 2.16B | 2.24B | 2.27B | 2.59B | 3.02B |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 1.07B | 1.06B | 1.10B | 1.09B | 1.01B | 1.02B |
| Cash & ST investments | 750.88M | 727.02M | 753.36M | 706.91M | 627.25M | 600.98M |
| Inventory | 140.17M | 145.74M | 154.96M | 168.55M | 173.64M | 193.68M |
| Total assets | 7.11B | 7.17B | 7.21B | 7.39B | 7.35B | 7.41B |
| Total current liabilities | 1.42B | 1.46B | 1.55B | 1.67B | 1.63B | 1.80B |
| Short-term debt | 506.50M | 510.61M | 539.43M | 566.44M | 619.27M | 675.56M |
| Long-term debt | 2.07B | 2.01B | 1.87B | 1.85B | 1.80B | 1.64B |
| Total liabilities | 4,639,975,000.00 | 4,591,663,000.00 | 4,535,929,000.00 | 4,639,816,000.00 | 4,614,083,000.00 | 4,650,737,000.00 |
| Total equity | 2.47B | 2.58B | 2.68B | 2.75B | 2.73B | 2.76B |
| Retained earnings | 2.69B | 2.81B | 2.93B | 3.02B | 3.12B | 3.22B |
Cash flow
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 802.53M | 721.03M | 633.56M | 831.82M | 480.38M | 736.33M | 692.46M | 940.36M |
| Depreciation & amortization | 334.59M | 368.10M | 474.96M | 440.20M | 394.55M | 383.12M | 383.88M | 364.50M |
| Free cash flow | -336.18M | 6.30M | 185.64M | 150.42M | -202.22M | 420.01M | 364.18M | 287.00M |
| Dividends paid | -19.74M | -23.47M | -13.06M | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | -49.24M | -88.35M | -17.18M | 3.15M | 2.96M | -289.14M | -40.46M | -82.28M |
| Ending cash balance | 328.38M | 87.21M | 215.72M | 258.42M | 102.98M | 148.28M | 227.36M | 122.67M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | 171.02M | 257.06M | 280.78M | 231.50M | 144.48M | 291.86M |
| Depreciation & amortization | -- | -- | -- | -- | -- | -- |
| Free cash flow | 92.57M | 62.61M | 158.50M | -26.69M | 35.87M | 147.49M |
| Dividends paid | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | -12.39M | -17.30M | -25.41M | -27.18M | -74.04M | -75.31M |
| Ending cash balance | 178.97M | 48.33M | 44.53M | 122.67M | 65.84M | 81.41M |
Returns & efficiency
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| ROE %i | 15.08 | 16.43 | -0.39 | 5.08 | 3.16 | 1.54 | 14.28 | 16.62 |
| ROA %i | 4.76 | 5.24 | -0.13 | 1.60 | 1.00 | 0.48 | 4.56 | 5.90 |
| ROIC %i | 7.66 | 8.02 | 1.38 | 3.60 | 2.77 | 1.96 | 7.18 | 9.14 |
| 5-year avg ROE %i | 7.56 | 11.19 | 9.49 | 12.76 | 7.87 | 5.16 | 4.73 | 8.14 |
| EBIT margin %i | 15.11 | 19.32 | 5.45 | 10.09 | 7.31 | 5.83 | 15.49 | 16.51 |
| FCF / sales %i | -- | 0.21 | 8.73 | 5.54 | -- | 14.31 | 10.32 | 7.07 |
| Current ratioi | 1.10 | 0.82 | 1.04 | 0.89 | 1.17 | 0.90 | 0.78 | 0.65 |
| Quick ratioi | 0.84 | 0.66 | 0.91 | 0.77 | 0.98 | 0.73 | 0.65 | 0.52 |
| Debt / assetsi | 50.05 | 50.28 | 50.70 | 46.96 | 47.75 | 44.02 | 38.66 | 33.50 |
| LT debt / equityi | 143.04 | 132.79 | 140.56 | 126.82 | 129.08 | 124.42 | 91.50 | 69.46 |
| Interest coveragei | 4.04 | 4.49 | 0.94 | 2.22 | 1.73 | 1.31 | 4.78 | 6.42 |
| Revenue CAGR (3Y) %i | 1.34 | -1.01 | -12.01 | -5.56 | 0.37 | 11.33 | 9.14 | 10.54 |
| Net income CAGR (3Y) %i | 33.51 | -- | -- | -26.37 | -40.14 | -- | 42.37 | 80.40 |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | 31.28 | 34.28 | -- |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | 15.66 | 16.95 | 17.42 | 16.62 | 16.50 | 15.34 |
| ROA %i | 5.15 | 5.77 | 6.13 | 5.90 | 5.94 | 5.62 |
| ROIC %i | 8.05 | 8.91 | 9.43 | 9.14 | 9.22 | 8.87 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | 15.91 | 16.74 | 17.13 | 16.51 | 15.87 | 15.00 |
| FCF / sales %i | 9.17 | 6.60 | 8.02 | 7.07 | 5.59 | 7.52 |
| Current ratioi | 0.76 | 0.73 | 0.71 | 0.65 | 0.62 | 0.57 |
| Quick ratioi | 0.63 | 0.60 | 0.58 | 0.52 | 0.49 | 0.44 |
| Debt / assetsi | 37.16 | 35.91 | 34.23 | 33.50 | 33.72 | 32.16 |
| LT debt / equityi | 86.36 | 80.00 | 72.07 | 69.46 | 68.00 | 61.87 |
| Interest coveragei | 5.23 | 5.89 | 6.37 | 6.42 | 6.43 | 6.28 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
✦ Quant Revenue Concentration how this is computed
Single-engine
- SkyWest Airlines and SkyWest Charter (SWC) is the largest reported line at 85.30% of revenue, across 2 reported segments.
- The next-largest line, SkyWest Leasing, is a distant second at 14.70% - a sharp slowdown here would have little to offset it.
Revenue breakdown most recent period
Business
SkyWest Airlines and SkyWest Charter (SWC)85.30%
SkyWest Leasing14.70%
Quote time 2026-10-08 08:08:51 · For reference only, not investment advice and not tailored to your situation.