SKYWEST INC
SKYWEST INC
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Financial Statements
Values in Millions ($) | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||
Assets Current | |||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 81 | 66 | 123 | 45 | 48 | 179 | 227 | 178 | 142 | 180 | 148 | 125 | |||||
Available For Sale Securities Debt Securities Curr… | 520 | 561 | 584 | 709 | 679 | 572 | 574 | 658 | 693 | 641 | 687 | 694 | |||||
Accounts And Other Receivables Net Current | 189 | 173 | 160 | 147 | 152 | 137 | 123 | 111 | 103 | 86 | 83 | 119 | |||||
Airline Related Inventory Net | 194 | 174 | 169 | 155 | 146 | 140 | 139 | 136 | 134 | 130 | 127 | 127 | |||||
Other Assets Current | 41 | 39 | 56 | 45 | 37 | 43 | 54 | 50 | 44 | 32 | 87 | 97 | |||||
Assets Current | 1,024 | 1,013 | 1,091 | 1,100 | 1,062 | 1,071 | 1,117 | 1,134 | 1,115 | 1,069 | 1,132 | 1,162 | |||||
Property Plant And Equipm… | |||||||||||||||||
Flight Equipment Gross | 9,562 | 9,430 | 9,303 | 9,067 | 9,006 | 8,884 | 8,775 | 8,462 | 8,407 | 8,406 | 8,323 | 8,255 | |||||
Deposits On Flight Equipment | 100 | 100 | 100 | 85 | 85 | 71 | 66 | 71 | 77 | 77 | 77 | 79 | |||||
Property Plant And Equipment Other | - | - | - | - | - | - | 293 | - | - | - | 282 | - | |||||
Property Plant And Equipment Gross | 10,003 | 9,864 | 9,731 | 9,467 | 9,396 | 9,254 | 9,133 | 8,878 | 8,804 | 8,775 | 8,683 | 8,620 | |||||
Accumulated Depreciation Depletion And Amortizatio… | -4,057 | -3,974 | -3,888 | -3,805 | -3,715 | -3,632 | -3,545 | -3,461 | -3,369 | -3,285 | -3,200 | -3,122 | |||||
Property Plant And Equipment Net | 5,945 | 5,890 | 5,843 | 5,662 | 5,681 | 5,623 | 5,587 | 5,417 | 5,435 | 5,491 | 5,483 | 5,498 | |||||
Other Assets Noncurrent | |||||||||||||||||
Operating Lease Right Of Use Asset | 87 | 83 | 82 | 85 | 80 | 84 | 88 | 85 | 82 | 86 | 87 | 86 | |||||
Other Assets Noncurrent | 443 | 444 | 452 | 452 | 431 | 420 | 435 | 405 | 413 | 423 | 325 | 399 | |||||
Assets | 7,412 | 7,346 | 7,386 | 7,214 | 7,174 | 7,114 | 7,140 | 6,957 | 6,962 | 6,983 | 7,026 | 7,059 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Liabilities Current | |||||||||||||||||
Long Term Debt Current | 654 | 598 | 547 | 520 | 491 | 486 | 536 | 497 | 498 | 507 | 444 | 443 | |||||
Accounts Payable Current | 753 | 652 | 634 | 580 | 557 | 576 | 527 | 460 | 480 | 481 | 470 | 487 | |||||
Employee Related Liabilities Current | 230 | 215 | 241 | 230 | 221 | 202 | 227 | 211 | 198 | 181 | 195 | 190 | |||||
Operating Lease Liability Current | 22 | 21 | 20 | 20 | 20 | 20 | 20 | 18 | 19 | 20 | 19 | 19 | |||||
Accrual For Taxes Other Than Income Taxes Current | 24 | 24 | 23 | 23 | 23 | 19 | 23 | 27 | 25 | 21 | 26 | 25 | |||||
Other Liabilities Current | 118 | 123 | 204 | 181 | 147 | 114 | 97 | 101 | 105 | 103 | 100 | 42 | |||||
Liabilities Current | 1,800 | 1,634 | 1,668 | 1,553 | 1,458 | 1,417 | 1,430 | 1,314 | 1,324 | 1,312 | 1,254 | 1,206 | |||||
Long Term Debt Noncurrent | 1,643 | 1,796 | 1,845 | 1,865 | 2,006 | 2,073 | 2,137 | 2,197 | 2,284 | 2,389 | 2,562 | 2,634 | |||||
Deferred Income Tax Liabilities Net | 953 | 915 | 911 | 864 | 838 | 806 | 788 | 752 | 725 | 704 | 688 | 682 | |||||
Operating Lease Liability Noncurrent | 66 | 62 | 62 | 65 | 60 | 63 | 67 | 67 | 64 | 66 | 67 | 67 | |||||
Other Liabilities Noncurrent | 189 | 208 | 154 | 189 | 230 | 280 | 309 | 316 | 334 | 346 | 341 | 335 | |||||
Stockholders Equity | |||||||||||||||||
Common Stocks Including Additional Paid In Capital | 808 | 804 | 798 | 794 | 788 | 783 | 777 | 772 | 766 | 761 | 754 | 750 | |||||
Retained Earnings Accumulated Deficit | 3,225 | 3,124 | 3,023 | 2,931 | 2,815 | 2,695 | 2,594 | 2,497 | 2,407 | 2,332 | 2,271 | 2,254 | |||||
Treasury Stock Common Value | -1,271 | -1,196 | -1,075 | -1,048 | -1,021 | -1,004 | -963 | -958 | -942 | -928 | -912 | -867 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | -0 | -0 | 0 | 0 | 0 | 0 | 0 | 0 | -1 | 0 | 0 | -0 | |||||
Stockholders Equity | 2,761 | 2,732 | 2,746 | 2,678 | 2,582 | 2,474 | 2,409 | 2,311 | 2,231 | 2,165 | 2,114 | 2,137 | |||||
Liabilities And Stockholders Equity | 7,412 | 7,346 | 7,386 | 7,214 | 7,174 | 7,114 | 7,140 | 6,957 | 6,962 | 6,983 | 7,026 | 7,059 | |||||
Preferred Stock Shares Authorized | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | |||||
Preferred Stock Shares Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock No Par Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Shares Authorized | 120 | 120 | 120 | 120 | 120 | 120 | 120 | 120 | 120 | 120 | 120 | 120 | |||||
Common Stock Shares Issued | 85 | 85 | 84 | 84 | 84 | 84 | 84 | 84 | 83 | 83 | 83 | 83 | |||||
Treasury Stock Common Shares | 46 | 46 | 44 | 44 | 44 | 44 | 43 | 43 | 43 | 43 | 43 | 42 | |||||
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -5.62% | 6.57% | 15.83% | - | - | - | - | - | - | - | - | - |
| 2025 | 16.78% | 8.97% | 27.12% | 3.74% | -4.13% | -13.41% | -5.07% | 3.60% | -0.77% | -16.67% | -12.21% | -17.87% |
| 2024 | 3.54% | 4.24% | 13.26% | -5.54% | 1.98% | 19.00% | 10.43% | 0.46% | 7.86% | -19.05% | -26.25% | -13.77% |
| 2023 | - | - | - | -6.65% | -2.56% | -13.46% | 10.13% | 16.80% | 17.62% | 14.71% | 17.48% | 27.85% |
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Performance and Valuation Metrics
Metrics | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 0.57 | 0.62 | 0.65 | 0.71 | 0.73 | 0.76 | 0.78 | 0.86 | 0.84 | 0.81 | 0.90 | 0.96 | |||||
| Quick Ratio | 0.57 | 0.62 | 0.65 | 0.71 | 0.73 | 0.76 | 0.78 | 0.86 | 0.84 | 0.81 | 0.90 | 0.96 | |||||
| Working Capital | -776.18M | -620.94M | -576.41M | -453.34M | -396.15M | -345.80M | -312.52M | -179.96M | -208.77M | -242.94M | -122.40M | -43.67M | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 0.65 | 0.60 | 0.61 | 0.58 | 0.56 | 0.57 | 0.59 | 0.57 | 0.59 | 0.61 | 0.59 | 0.56 | |||||
| Interest Coverage TTM | 5.87 | 5.92 | 5.92 | 5.86 | 5.36 | 4.79 | 4.33 | 3.21 | 2.42 | 1.64 | 0.79 | 0.31 | |||||
| Debt Ratio | 0.24 | 0.22 | 0.23 | 0.22 | 0.20 | 0.20 | 0.20 | 0.19 | 0.19 | 0.19 | 0.18 | 0.17 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 0.57 | 0.57 | 0.56 | 0.56 | 0.54 | 0.52 | 0.50 | 0.48 | 0.45 | 0.43 | 0.41 | 0.39 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | 10.35 | 10.56 | 10.35 | 10.50 | 9.86 | 8.73 | 7.77 | 5.85 | 4.27 | 2.81 | 0.77 | -0.71 | |||||
| Free Cash Flow Per Share TTM | 23.04 | 21.91 | 22.53 | 21.00 | 18.53 | 16.22 | 16.08 | 17.60 | 17.74 | 18.24 | 16.42 | 15.14 | |||||
| Dividend Per Share TTM | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 60.85% | 61.09% | 61.58% | 61.30% | 60.28% | 59.42% | 69.30% | 79.87% | 91.80% | 104.17% | 104.46% | 104.70% | |||||
| Operating Profit Margin TTM | 14.03% | 14.61% | 15.22% | 15.78% | 15.23% | 14.55% | 14.02% | 11.34% | 9.28% | 6.84% | 3.55% | 1.44% | |||||
| Net Profit Margin TTM | 9.78% | 10.42% | 10.55% | 10.92% | 10.62% | 9.89% | 9.15% | 7.29% | 5.55% | 3.83% | 1.17% | -1.06% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 9.10% | 12.26% | 15.03% | 19.27% | 20.45% | 20.53% | 20.18% | 16.42% | 10.41% | 2.89% | -2.31% | -7.61% | |||||
| Net Income Growth (1Y) | 0.49% | 18.24% | 32.63% | 78.75% | 130.62% | 211.21% | 840.43% | -902.90% | -3,385.10% | 252.09% | -52.93% | -124.34% | |||||
| EPS Growth (1Y) | 3.02% | 19.69% | 32.46% | 78.44% | 129.27% | 209.74% | 926.34% | -934.27% | -3,684.19% | 331.53% | -45.85% | -129.44% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | 9.55 | 8.55 | 9.45 | 9.34 | 10.20 | 9.74 | 12.48 | 14.08 | 18.64 | 23.85 | 66.79 | -57.94 | |||||
| P/B TTM | 1.42 | 1.34 | 1.47 | 1.51 | 1.61 | 1.43 | 1.67 | 1.48 | 1.48 | 1.29 | 1.09 | 0.82 | |||||
| P/S TTM | 0.93 | 0.89 | 1.00 | 1.02 | 1.08 | 0.96 | 1.14 | 1.03 | 1.03 | 0.91 | 0.78 | 0.61 | |||||
| Market Cap | 3.92B | 3.67B | 4.05B | 4.06B | 4.16B | 3.54B | 4.03B | 3.42B | 3.30B | 2.78B | 2.29B | 1.75B | |||||
| Enterprise Value | 6.13B | 6.00B | 6.32B | 6.40B | 6.61B | 5.92B | 6.48B | 5.94B | 5.94B | 5.50B | 5.15B | 4.71B | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | 908.53M | 876.20M | 908.34M | 846.71M | 748.88M | 656.74M | 647.57M | 708.59M | 712.73M | 735.15M | 721.64M | 633.10M | |||||
| Net Debt | 2.22B | 2.33B | 2.27B | 2.34B | 2.45B | 2.38B | 2.45B | 2.52B | 2.64B | 2.72B | 2.86B | 2.95B | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
| Altman Z-Score | |||||||||||||||||
| ROA TTM | |||||||||||||||||
| ROE TTM | |||||||||||||||||
| NOPAT TTM | |||||||||||||||||
| ROIC TTM | |||||||||||||||||
| Effective Tax Rate TTM | |||||||||||||||||
| Payout Ratio TTM | |||||||||||||||||
| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
| Dividend Yield TTM | |||||||||||||||||
| Free Cash Flow Yield TTM | |||||||||||||||||
| EV EBITDA TTM | |||||||||||||||||
| EV EBIT TTM | |||||||||||||||||
| Stock Compensation TTM | |||||||||||||||||
| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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Insider Transactions
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Institutional Ownership
SKYWEST INC (SKYW) — SEC Financial Statements & Analysis
SKYWEST INC (SKYW) is a air transportation, scheduled company, incorporated in UT. SKYWEST INC trades on Nasdaq as: SKYW. Based on its latest SEC filing (Form 10-Q, period ending 2026-06-30), SKYWEST INC reported a 9.10% year-over-year revenue growth, a Gross Profit Margin of 60.85% (TTM), a Debt-to-Equity ratio of 0.65x, a Price-to-Sales (P/S) ratio of 0.93x (TTM), a Price-to-Book (P/B) ratio of 1.42 (TTM), at a market cap of $3.92B. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- 9.10%
- Gross Profit Margin TTM
- 60.85%
- Debt To Equity
- 0.65x
- P/S TTM
- 0.93x
- P/B TTM
- 1.42
- Market Cap
- $3.92B
Data as of 2026-06-30 · Source: SEC EDGAR
Frequently Asked Questions
What industry is SKYWEST INC in?
SKYWEST INC (SKYW) operates in the Air Transportation, Scheduled industry.
What is SKYW's market cap?
SKYWEST INC (SKYW) has a market capitalization of $3.92B as of 2026-06-30.
What is SKYW's P/E ratio?
SKYWEST INC (SKYW)'s trailing twelve month P/E ratio is 9.55x as of 2026-06-30.
What exchange does SKYW trade on?
SKYWEST INC (SKYW) trades on the Nasdaq.
Where is SKYWEST INC incorporated?
SKYWEST INC is incorporated in UT.