SKYW

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SkyWest, Inc.

Cyclical demand Regulated industryTags from an AI model reading the company description.

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Key Metrics

Previous Close: $97.69
52-Week Range: $77.89 – $117.72
Market Cap: $3.82B
P/E (TTM): 9.59
EPS (TTM): 10.06
Dividend Yield: 0.00%

Advanced Metrics

Price/Book: 1.36
PEG Ratio: 1.66
Return on Equity: 15.34%
Return on Assets: 5.04%
Gross Margin: 30.89%
Operating Margin: 14.13%
Profit Margin: 9.78%
Current Ratio: 0.57
Debt/Equity: 0.86
Total Debt: $2.38B
Free Cash Flow: $145.13M
Revenue Growth: 6.50%
Earnings Growth: -12.70%
Enterprise Value: $5.53B

SKYW Income statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Revenue	$3.00B	$2.94B	$3.53B	$4.06B
Cost of Revenue	$2.51B	$2.54B	$2.73B	$3.11B
Gross Profit	$499.31M	$397.70M	$794.22M	$948.61M
Operating Expenses	$318.14M	$293.63M	$299.56M	$330.77M
Operating Income	$181.16M	$104.07M	$494.66M	$617.85M
EBITDA	$614.22M	$554.35M	$930.36M	$1.03B
Pretax Income	$92.58M	$40.31M	$432.14M	$565.59M
Income Tax	$19.63M	$5.97M	$109.18M	$137.26M
Net Income	$72.95M	$34.34M	$322.96M	$428.33M
Diluted EPS	1.44	0.77	7.77	10.35
Diluted Shares	50.64M	44.60M	41.55M	41.40M

SKYW Balance Sheet statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Cash & Equivalents	$102.98M	$148.28M	$227.36M	$122.67M
Receivables	$100.52M	$82.85M	$122.78M	$159.80M
Inventory	$123.21M	$127.11M	$139.00M	$168.55M
Current Assets	$1.37B	$1.13B	$1.12B	$1.09B
Total Assets	$7.41B	$7.03B	$7.14B	$7.39B
Current Liabilities	$1.17B	$1.25B	$1.43B	$1.67B
Long-Term Debt	$2.94B	$2.56B	$2.14B	$1.85B
Total Debt	$3.54B	$3.09B	$2.76B	$2.47B
Total Liabilities	$5.07B	$4.91B	$4.73B	$4.64B
Retained Earnings	$2.24B	$2.27B	$2.59B	$3.02B
Shareholders' Equity	$2.35B	$2.11B	$2.41B	$2.75B
Working Capital	$198.74M	-$122.40M	-$312.52M	-$576.41M
Net Debt	$3.28B	$2.86B	$2.45B	$2.27B

SKYW Cash Flow statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Operating Cash Flow	$480.38M	$736.33M	$692.46M	$940.36M
Capital Expenditure	-$682.59M	-$316.33M	-$328.28M	-$653.37M
Free Cash Flow	-$202.22M	$420.01M	$364.18M	—
Depreciation & Amortisation	$394.55M	$383.12M	$383.88M	$364.50M
Stock-Based Compensation	$9.16M	$17.13M	$19.86M	$18.73M
Investing Cash Flow	-$904.89M	-$23.23M	-$228.63M	-$651.83M
Financing Cash Flow	$269.08M	-$667.81M	-$384.75M	-$393.22M
Dividends Paid	$0.00	—	—	—
Share Repurchases	$0.00	-$291.95M	-$43.32M	-$84.93M
Net Change in Cash	-$155.44M	$45.29M	$79.08M	-$104.69M

SKYW Income statement, quarterly periods, in USD
USD	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Revenue	$1.04B	$1.05B	$1.02B	$1.01B	$1.10B
Cost of Revenue	$773.85M	$798.18M	$809.39M	$800.42M	$855.41M
Gross Profit	$261.37M	$251.85M	$215.10M	$212.76M	$247.34M
Operating Expenses	$91.25M	$77.71M	$80.90M	$89.07M	$91.51M
Operating Income	$170.13M	$174.14M	$134.20M	$123.69M	$155.83M
EBITDA	$189.68M	$182.78M	$149.74M	$132.24M	$163.78M
Pretax Income	$163.12M	$157.17M	$124.59M	$107.77M	$138.85M
Income Tax	$42.85M	$40.81M	$33.43M	$6.08M	$38.15M
Net Income	$120.27M	$116.36M	$91.16M	$101.69M	$100.70M
Diluted EPS	2.91	2.81	2.21	2.50	2.54
Diluted Shares	41.35M	41.39M	41.27M	40.67M	39.62M

SKYW Balance Sheet statement, quarterly periods, in USD
USD	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Cash & Equivalents	$48.33M	$44.53M	$122.67M	$65.84M	$81.41M
Receivables	$151.67M	$146.52M	$159.80M	$172.80M	$189.02M
Inventory	$145.74M	$154.96M	$168.55M	$173.63M	$193.68M
Current Assets	$1.06B	$1.10B	$1.09B	$1.01B	$1.02B
Total Assets	$7.17B	$7.21B	$7.39B	$7.35B	$7.41B
Current Liabilities	$1.46B	$1.55B	$1.67B	$1.63B	$1.80B
Long-Term Debt	$2.01B	$1.87B	$1.85B	$1.80B	$1.64B
Total Debt	$2.58B	$2.47B	$2.47B	$2.48B	$2.38B
Total Liabilities	$4.59B	$4.54B	$4.64B	$4.61B	$4.65B
Retained Earnings	$2.81B	$2.93B	$3.02B	$3.12B	$3.22B
Shareholders' Equity	$2.58B	$2.68B	$2.75B	$2.73B	$2.76B
Working Capital	-$396.15M	-$453.34M	-$576.41M	-$620.94M	-$776.18M
Net Debt	$2.45B	$2.34B	$2.27B	$2.33B	$2.22B

SKYW Cash Flow statement, quarterly periods, in USD
USD	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Operating Cash Flow	$257.06M	$280.78M	$231.50M	$144.48M	$291.86M
Capital Expenditure	-$194.45M	-$122.28M	-$258.19M	-$108.61M	-$144.37M
Free Cash Flow	$62.61M	$158.50M	-$26.68M	$35.87M	$147.49M
Investing Cash Flow	-$306.55M	-$146.55M	-$132.63M	-$82.83M	-$102.48M
Financing Cash Flow	-$81.15M	-$138.03M	-$20.73M	-$118.48M	-$173.81M
Share Repurchases	-$17.30M	-$26.77M	-$27.18M	-$75.35M	-$75.31M
Net Change in Cash	-$130.64M	-$3.80M	$78.14M	-$56.83M	$15.57M

Market Snapshot

About

SkyWest, Inc. is a regional airline operating scheduled passenger service through partnerships with major carriers. The company flies as United Express, Delta Connection, American Eagle, and Alaska Airlines under capacity purchase agreements. SkyWest operates a fleet of regional jets serving destinations across North America.