greeksoup/ stock research
Stock research / United States / SKYW · Air Transportation, Scheduled · Nasdaq

Skywest Inc. (SKYW)

Compare with another name

Skywest Inc. (SKYW) reported revenue of $1.1 billion for Q2 FY2026, the quarter ended 30 June 2026, up 6.5% on the same quarter a year earlier. Net income was $101 million, down 16.3% on the year, and diluted earnings per share $2.54. The figures are the company's own, from the 10-Q it filed with the SEC on 24 July 2026.

Revenue$1.1 billionup 6.5%
Net income$101 milliondown 16.3%
Diluted EPS$2.54
QuarterQ2 FY2026ended 30 June 2026

Skywest (SKYW) in brief

Skywest (SKYW) reported revenue of $4.1 billion for fiscal 2025, the year ended 31 December 2025, up 15.0% on the year before.
Read moreNet income was $428 million and diluted earnings per share $10.35. Revenue was $3.5 billion in fiscal 2024, $2.9 billion in fiscal 2023, $3.0 billion in fiscal 2022 and $2.7 billion in fiscal 2021. Net income in the same years was $323 million, $34 million, $73 million and $112 million. Over the twelve months to 30 June 2026, Skywest reported revenue of $4.2 billion and net income of $410 million. Revenue grew 13.8% a year, compounded, over the five years to fiscal 2025. Skywest declared $0.14 a share in dividends over the last four quarters and had 39 million shares outstanding at the latest filed count. At 30 June 2026 it carried $2.3 billion of debt and $81 million of cash. At the close of 9 October 2026 the market cap of Skywest was $3.7 billion, 9.6 times its earnings over the last twelve months.

Ratios

From the filings

ROE14.8%
ROCE11.6%
Operating margin14.0%
Net margin9.8%
FCF margin20.6%
Interest cover5.87
Debt to equity0.83
Cash conversion2.31
Share count, 1 year-3.8%
Sales CAGR, 3 years10.5%
Profit CAGR, 3 years80.4%
EPS, TTM$10.06

At the close of 9 October 2026

Price$96.50
Market cap$3.7 billion
Stock P/E9.59
Price to book1.36
EV / EBITDA6.24
Dividend yield0.1%
Market cap / sales0.89
52-week high$115.94
52-week low$78.40
Price, 1 year-3.8%
Price CAGR, 3 years33.3%
Price CAGR, 5 years13.4%
Worked from the filed figures; hover a name for the formula.
Read moreThe priced ones use the latest price, the last regular-hours trade on IEX. Debt to equity here stands on long-term debt as Skywest Inc. files it, with lease liabilities counted separately and never inside it. Nothing here is a valuation or a view.
SKYWgreeksoup.ai
Daily prices to 9 October 2026, adjusted for splits; from 28 September 2026 each day's price is the last regular-hours trade on IEX.
Read moreData provided for free by IEX. By accessing or using IEX Historical Data, you agree to the IEX Historical Data Terms of Use. Day by day for the last three years; before that one point a week, carrying the week's last close and its average daily volume, so a volume bar means the same thing across the whole series; the bars sit under the price on their own scale, on the right. The moving averages need consecutive days and are drawn from the daily part. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Before the quarters on file begin, P/E, price to book and market cap to sales stand on each annual report from the day it was filed. Drawn in your browser; the range and overlay you pick are remembered here only.

The public record on SKYW

Filings13 in twelve months: 5 current reports (8-K), about 4 results of operations; 1 other events; 1 shareholder vote
Planned insider sales7 Form 144 notices in twelve months, $16.3 million; latest 3 August 2026
Options tapeput/call 0.45 by open interest at the 9 October 2026 close; the straddle prices a 3.9% move to 16 October 2026
13F holders8 of the followed funds hold it; largest FMR LLC; 4 Schedule 13D or 13G filings in twelve months
Insider trading13 sales and 0 purchases on Form 4 in twelve months
Congress0 House trades disclosed in six months
Short interest1.6 million shares short, 3.96 days to cover at 30 September 2026
Documentsthe 10-K, the 10-Qs, the proxy and 4 earnings press releases, each linked

Quarterly results, the last 12 quarters

Q3 FY2023Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026
Revenue7667528048679139449481,0351,0501,0241,0131,103
Operating income49.327.699.5120131144139170174134124156
Operating margin6%4%12%14%14%15%15%16%17%13%12%14%
Interest expense32.531.029.829.027.827.727.126.625.625.124.524.9
Pre-tax income24.424.480.2102116134121163157125108139
Tax rate4%28%25%26%23%27%17%26%26%27%6%27%
Net income23.517.560.375.689.797.410112011691.2102101
Net margin3%2%8%9%10%10%11%12%11%9%10%9%
Diluted EPS$0.55$0.42$1.45$1.82$2.16$2.34$2.42$2.91$2.81$2.21$2.50$2.54
Operating cash flow179224158165184186171257281232144292
Capital expenditure48.3n/a4.240.984.323.28.513955.47.214.08.0
Free cash flow131n/a15312499.3163163118225224130284
Buybacks50.5n/a8.8n/an/an/an/an/an/an/an/an/a
Shares outstanding41m40m40m40m40m40m40m40m40m40m40m39m
Filing10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q
Each quarter as filed, linked to its filing.
Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS and diluted share count are from the company's results press release for that quarter, used where the release gives the same revenue and net income as the table. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Income statement (profit and loss), 12 fiscal years and the trailing twelve months

FY2014 †FY2015 †FY2016 †FY2017 †FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025TTM
Revenue3,2373,0963,0643,1233,2222,9722,1272,7133,0052,9353,5284,0584,190
Cost of revenuen/an/a3,2362,7342,7472,4602,018n/an/an/an/an/an/a
Gross profitn/an/a-173388474512109n/an/an/an/an/an/a
Gross marginn/an/a-5.6%12.4%14.7%17.2%5.1%n/an/an/an/an/an/a
Operating income24.8235-173388474512109276181104495618588
Operating margin0.8%7.6%-5.6%12.4%14.7%17.2%5.1%10.2%6.0%3.5%14.0%15.2%14.0%
Interest expense66.075.878.2105120128123123127131114104100
Pre-tax income-16.3194-249288366446-7.315192.640.3432566528
Income tax7.876.5-87.2-14185.91061.238.719.66.0109137118
Effective tax raten/a39.4%n/a-48.8%23.5%23.8%n/a25.7%21.2%14.8%25.3%24.3%22.4%
Net income-24.2118-162429280340-8.511273.034.3323428410
Net margin-0.7%3.8%-5.3%13.7%8.7%11.4%-0.4%4.1%2.4%1.2%9.2%10.6%9.8%
Diluted EPS-$0.47$2.27-$3.14$8.08$5.30$6.62-$0.17$2.20$1.44$0.77$7.77$10.35$10.06
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
From each year's 10-K, linked; TTM is the last four quarters.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are. † The year as the company last restated it in a later filing; rest on a figure for the one first filed. EPS is as filed.

Revenue by segment

FY2023FY2024FY2025Share
latest year
SkyWest Airlines2,3922,9053,41584.2%
SkyWest Leasing54362364315.8%
SkyWest AirlinesSkyWest Leasing
2,935FY20233,528FY20244,058FY2025

$ million; hover a block for its figure and share

From the latest 10-K, in the company's own words.
Read moreA year is shown only where the parts add up to the revenue above. Fiscal years are labelled by the year they end in.

Cash flow and capital returned

FY2014 †FY2015 †FY2016 †FY2017 †FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025TTM
Operating cash flow290417507684803721634832480736692940949
Capital expenditure69771514.327.534.480.612.718.113.013.344.932.084.6
Free cash flow-407-298492657768640621814467723648908864
Free cash flow margin-12.6%-9.6%16.1%21.0%23.8%21.5%29.2%30.0%15.6%24.6%18.4%22.4%20.6%
Cash from investingn/a-570-1,177-751-983-657-683-699-905-23.2-229-652-464
Cash from financingn/a223614102327-305178-90.6269-668-385-393-451
Depreciation and amortisation260265285293335368475440395383384364368
Share-based compensation5.35.47.610.613.110.36.88.79.217.119.918.717.1
Buybacks8.418.7n/a20.054.478.520.0n/an/an/an/an/an/a
Dividends paid8.28.39.315.019.723.513.1n/an/an/an/an/an/a
Dividend per share$0.16$0.16$0.19$0.32$0.40$0.48$0.14n/an/an/an/an/an/a
Diluted shares, weighted51m52m52m53m53m51m50m51m51m45m42m41m40m
Shares outstanding at period endn/an/an/an/an/an/an/an/an/an/an/an/a39m
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
Cash paid in the year, from the cash flow statement.
Read moreThe dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet at year end

FY2014 †FY2015 †FY2016 †FY2017 †FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025TTM
Funded by
Shareholders' equity1,4001,5061,3511,7541,9642,1752,1402,2682,3482,1142,4092,7462,761
Debt1,7461,9282,5462,6873,1602,9933,2043,1093,3803,0062,6722,3922,296
Operating lease liabilitiesn/an/an/an/an/a25920615888.667.467.362.365.8
Other liabilities1,2431,3481,1121,0331,1891,2301,3391,5911,5981,8391,9912,1852,289
Total liabilities and equity4,3894,7825,0085,4746,3136,6576,8887,1267,4157,0267,1407,3867,412
Owned
Fixed assets3,0213,4713,8224,1835,0065,3955,3625,4995,5485,4835,5875,8435,945
Intangible assets12.710.58.24.9n/an/an/an/an/an/an/an/an/a
Investments418289410504361433610602944687574584520
Cash and equivalents13220314718232887.221625810314822712381.4
Receivables83.162.246.942.764.283.034.565.310082.9123n/an/a
Other assets722747574558554659665702718625628836866
Total assets4,3894,7825,0085,4746,3136,6576,8887,1267,4157,0267,1407,3867,412
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
At the fiscal year end; the TTM column is the latest quarter end.
Read moreBoth totals are the company's own. Other liabilities is the filed total less the rows above it: payables, deferred revenue, taxes, borrowings the rows above do not carry and the rest; other assets is the same on the other side. Investments add the current and non-current lines as filed. Debt is the company's own stated total where it files one, otherwise its long-term debt with the current maturities, never parts added together. A row is left blank in a year where the lines shown overlap and the remainder would fall below nil.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compounded2.7%13.8%10.5%9.1%
Profit growth, compounded13.8%n/a80.4%0.5%
Return on equity, average8.1%7.7%10.2%15.6%
Yearly growth, compounded; TTM is the last four quarters against the four before.
Read moreReturn on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Questions

What was Skywest's revenue in fiscal 2025?

Skywest (SKYW) reported revenue of $4.1 billion for fiscal 2025, the year ended 31 December 2025, up 15.0% on the year before.

How much did Skywest earn in fiscal 2025?

Net income was $428 million for fiscal 2025, and diluted earnings per share $10.35.

What is Skywest's P/E ratio?

At the close of 9 October 2026, Skywest traded at 9.6 times its earnings over the twelve months to 30 June 2026.

What is Skywest's market cap?

The market cap of Skywest was $3.7 billion at the close of 9 October 2026.

Does Skywest pay a dividend?

Yes. Skywest declared $0.14 a share in dividends over the four quarters to 30 June 2026.

Peers: Transportation

CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
Delta Air Lines, Inc. DAL$54.1 billion16.4014.6%7.4%14.1%0.540.8%
United Airlines Holdings, Inc. UAL$34.9 billion10.0520.9%7.7%8.5%1.46n/a
Southwest Airlines Co. LUV$20.4 billion25.5511.8%3.5%9.5%0.541.7%
American Airlines Group Inc. AAL$8.4 billionn/an/a1.7%7.5%n/a0.0%
Rxo, Inc. RXO$4.8 billionn/a-7.0%-1.2%9.5%0.30n/a
Alaska AIR Group, Inc. ALK$4.4 billionn/a-4.8%-1.5%9.8%1.651.0%
Brinks Co. BCO$4.3 billion23.9458.3%10.5%8.1%12.541.0%
Tidewater Inc. TDW$4.3 billion17.3017.7%18.4%-1.0%0.46n/a
Skywest Inc. SKYW$3.7 billion9.5914.8%14.0%9.1%0.830.1%
Arcbest Corp. ARCB$2.9 billion187.591.3%0.7%3.7%0.100.4%
Allegiant Travel Co. ALGT$2.1 billion54.161.5%4.9%12.2%1.560.0%
Jetblue Airways Corp. JBLU$1.5 billionn/a-55.8%-5.9%4.0%5.34n/a
All 44 in Transportation
CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
Union Pacific Corp. UNP$165.3 billion22.5435.5%40.0%4.2%1.402.0%
Booking Holdings Inc. BKNG$120.5 billion17.79n/a32.9%12.9%n/a0.2%
CSX Corp. CSX$87.5 billion27.3222.9%34.2%2.5%1.221.1%
United Parcel Service Inc. UPS$80.5 billion17.5730.3%7.3%-0.4%1.586.9%
Royal Caribbean Cruises Ltd. RCL$75.5 billion17.4443.0%27.3%8.7%2.231.8%
Norfolk Southern Corp. NSC$71.4 billion27.1116.2%32.2%3.0%0.981.7%
FedEx Corp. FDX$69.0 billion15.7614.0%5.8%7.7%0.742.0%
Delta Air Lines, Inc. DAL$54.1 billion16.4014.6%7.4%14.1%0.540.8%
Old Dominion Freight Line, Inc. ODFL$37.7 billion35.0424.0%25.8%-0.6%0.000.6%
Carnival Corp. Ltd. CCL$35.4 billion11.5122.1%16.0%5.2%1.737.4%
United Airlines Holdings, Inc. UAL$34.9 billion10.0520.9%7.7%8.5%1.46n/a
Expedia Group, Inc. EXPE$31.4 billion17.10168.4%16.0%12.0%4.520.6%
Expeditors International of Washington Inc. EXPD$25.1 billion28.1243.4%9.8%6.8%0.000.8%
HF Sinclair Corp. DINO$21.6 billion11.5718.6%8.3%16.3%0.271.6%
J.B. Hunt Transport Services, Inc. JBHT$21.5 billion32.4818.4%7.5%5.3%0.310.2%
Xpo, Inc. XPO$21.5 billion54.1320.6%8.8%7.1%1.55n/a
Southwest Airlines Co. LUV$20.4 billion25.5511.8%3.5%9.5%0.541.7%
C. H. Robinson Worldwide, Inc. CHRW$16.7 billion27.1638.9%4.9%-0.1%1.041.7%
ZTO Express (Cayman) Inc. ZTO *$15.9 billion12.0713.7%21.3%10.9%n/a3.3%
Knight-Swift Transportation Holdings Inc. KNX$10.5 billion247.900.6%2.7%4.1%0.271.1%
Saia Inc. SAIA$9.0 billion32.5010.2%11.0%4.8%0.04n/a
American Airlines Group Inc. AAL$8.4 billionn/an/a1.7%7.5%n/a0.0%
Kirby Corp. KEX$7.2 billion20.9510.3%14.0%6.6%0.30n/a
Norwegian Cruise Line Holdings Ltd. NCLH$7.2 billion9.7429.6%15.1%6.2%5.40n/a
Matson, Inc. MATX$6.8 billion15.0916.7%15.2%-0.2%0.120.6%
International Seaways, Inc. INSW$5.9 billion7.6634.4%64.2%57.4%0.282.4%
Gatx Corp. GATX$5.8 billion16.3013.2%29.1%22.8%4.431.5%
Landstar System Inc. LSTR$5.7 billion43.8215.7%3.5%4.1%0.002.1%
Schneider National, Inc. SNDR$5.5 billion49.203.6%3.0%6.2%0.131.2%
GXO Logistics, Inc. GXO$5.3 billion41.214.4%2.4%7.6%0.82n/a
Rxo, Inc. RXO$4.8 billionn/a-7.0%-1.2%9.5%0.30n/a
Alaska AIR Group, Inc. ALK$4.4 billionn/a-4.8%-1.5%9.8%1.651.0%
Brinks Co. BCO$4.3 billion23.9458.3%10.5%8.1%12.541.0%
Tidewater Inc. TDW$4.3 billion17.3017.7%18.4%-1.0%0.46n/a
Skywest Inc. SKYW$3.7 billion9.5914.8%14.0%9.1%0.830.1%
Arcbest Corp. ARCB$2.9 billion187.591.3%0.7%3.7%0.100.4%
Dorian LPG Ltd. LPG$2.5 billion7.6226.0%57.6%81.1%0.414.3%
Allegiant Travel Co. ALGT$2.1 billion54.161.5%4.9%12.2%1.560.0%
Werner Enterprises Inc. WERN$2.0 billionn/a-3.4%-0.9%9.6%0.581.7%
Jetblue Airways Corp. JBLU$1.5 billionn/a-55.8%-5.9%4.0%5.34n/a
Bristow Group Inc. VTOL$1.2 billion11.729.6%10.0%8.2%0.68n/a
Marten Transport Ltd. MRTN$1.0 billion79.691.7%1.8%-6.9%0.001.9%
Heartland Express Inc. HTLD$860 millionn/a-2.9%-2.3%-21.0%0.180.7%
Verra Mobility Corp. VRRM$448 million11.3319.8%13.6%11.1%4.63n/a
7 companies share its SEC industry code (Air Transportation, Scheduled); the rest are the names nearest in size in its wider industry, Transportation, one of the Fama-French 48 industries, a published grouping of SEC industry codes.
Read moreBy market capitalisation; a click on a heading sorts by it, largest first, and a second click turns it round. Each figure is the same arithmetic as the ratio box above, on each company's own filings and latest close; a name marked * is a foreign company that files once a year, on its latest fiscal year.

Filings

FilingPeriodFiledWhere
10-Q30 June 202624 July 2026EDGAR
10-Q31 March 202624 April 2026EDGAR
10-K31 December 202517 February 2026EDGAR
10-Q30 September 202531 October 2025EDGAR
10-Q30 June 202525 July 2025EDGAR
10-Q31 March 202525 April 2025EDGAR
10-K31 December 202413 February 2025EDGAR
10-Q30 September 20241 November 2024EDGAR
10-Q30 June 202426 July 2024EDGAR
10-Q31 March 202426 April 2024EDGAR

The same record on your computer

GreekSoup is also a free program for your own computer. It reads these same filings for the names you follow, refreshed as they land, with no account. One pasted line installs it.

Install