Morningstar ID: 0P000004ZC
Exchange: NASDAQ-GS
Sector: Industrials
Industry: Airlines
Stock Style: Small Core
description: SkyWest Inc offers commercial air services in the United States, Canada, Mexico, and the Caribbean. Additionally, it leases aircraft to capable users to help generate revenue. Generally, SkyWest provides regional flights, and utilizes its smaller, lower-cost aircraft to carry passengers that booked tickets through airlines. It partners with carriers across the world to fly and operate aircraft for a fee. SkyWest may use the carriers's brand and ground support to coordinate marketing and easily transport passengers. The company has two reportable segments: SkyWest Airlines, which generates maximum revenue, and SkyWest Leasing.
(Generated: 2025-06-24 00:25:37)
| Income Statement As of Originally Reported | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3,100,000,000.0 | 3,120,000,000.0 | 3,200,000,000.0 | 3,220,000,000.0 | 2,970,000,000.0 | 2,130,000,000.0 | 2710000000 | 3000000000 | 2940000000 | 3530000000 | 3670000000 |
| Revenue Growth % | -4.38 | 0.83 | 4.59 | 3.17 | -7.75 | -28.43 | 27.57 | 10.74 | -2.31 | 20.18 | 20.53 |
| Gross Profit | 490,000,000.0 | 550,000,000.0 | 690,000,000.0 | 750,000,000.0 | 780,000,000.0 | -10,000,000.0 | 190000000 | 500000000 | 370000000 | 790000000 | 840000000 |
| Gross Profit Margin % | 15.96 | 17.57 | 21.46 | 23.19 | 26.17 | -0.65 | 7.14 | 16.62 | 12.68 | 22.36 | 22.91 |
| Operating Income | 230,000,000.0 | 290,000,000.0 | 390,000,000.0 | 470,000,000.0 | 530,000,000.0 | 110,000,000.0 | 360000000 | 180000000 | 100000000 | 490000000 | 530000000 |
| Operating Margin % | 7.58 | 9.39 | 12.12 | 14.72 | 17.97 | 5.12 | 13.28 | 6.03 | 3.55 | 14.02 | 14.55 |
| EBIT | 270,000,000.0 | -170,000,000.0 | 390,000,000.0 | 480,000,000.0 | 560,000,000.0 | 110,000,000.0 | 270000000 | 200000000 | 130000000 | 500000000 | 540000000 |
| EBIT Margin % | 8.66 | -5.54 | 12.13 | 14.83 | 18.84 | 5.17 | 10.05 | 6.72 | 4.34 | 14.13 | 14.65 |
| EBITDA | 530,000,000.0 | 110,000,000.0 | 680,000,000.0 | 810,000,000.0 | 930,000,000.0 | 580,000,000.0 | 710000000 | 600000000 | 510000000 | 880000000 | 920000000 |
| EBITDA Margin % | 17.21 | 3.59 | 21.26 | 25.22 | 31.23 | 27.5 | 26.27 | 19.85 | 17.39 | 25.01 | 24.92 |
| Net Income | 120,000,000.0 | -160,000,000.0 | 430,000,000.0 | 280,000,000.0 | 340,000,000.0 | -10,000,000.0 | 110000000 | 70000000 | 30000000 | 320000000 | 360000000 |
| Net Profit Margin % | 3.81 | -5.18 | 13.39 | 8.7 | 11.44 | -0.4 | 4.12 | 2.43 | 1.17 | 9.15 | 9.89 |
| Basic EPS | 2.31 | -3.14 | 8.28 | 5.4 | 6.68 | -0.17 | 2.22 | 1.44 | 0.78 | 8.02 | 9.01 |
| Diluted EPS | 2.27 | -3.14 | 8.08 | 5.3 | 6.62 | -0.17 | 2.20 | 1.44 | 0.77 | 7.77 | 8.74 |
| Normalized EPS | 1.99 | 2.73 | 3.36 | 5.31 | 6.26 | -0.19 | 3.47 | 2.18 | 0.87 | 7.77 | 8.74 |
| Dividend Per Share | 0.16 | 0.19 | 0.32 | 0.4 | 0.48 | 0.14 | - | - | - | - | - |
| Balance Sheet As of Originally Reported | 2,015.0 | 2,016.0 | 2,017.0 | 2,018.0 | 2,019.0 | 2,020.0 | 2021 | 2022 | 2023 | 2024 | Last Quarter |
| Total Assets | 4,800,000,000.0 | 5,140,000,000.0 | 5,460,000,000.0 | 6,310,000,000.0 | 6,660,000,000.0 | 6,890,000,000.0 | 7130000000 | 7410000000 | 7030000000 | 7140000000 | 7110000000 |
| Total Liabilities | 3,300,000,000.0 | 3,790,000,000.0 | 3,700,000,000.0 | 4,350,000,000.0 | 4,480,000,000.0 | 4,750,000,000.0 | 4860000000 | 5070000000 | 4910000000 | 4730000000 | 4640000000 |
| Total Debt | 1,950,000,000.0 | 2,550,000,000.0 | 2,690,000,000.0 | 3,160,000,000.0 | 3,350,000,000.0 | 3,490,000,000.0 | 3350000000 | 3540000000 | 3090000000 | 2760000000 | 2640000000 |
| Total Equity | 1,510,000,000.0 | 1,350,000,000.0 | 1,750,000,000.0 | 1,960,000,000.0 | 2,180,000,000.0 | 2,140,000,000.0 | 2270000000 | 2350000000 | 2110000000 | 2410000000 | 2470000000 |
| Cash And Cash Equivalents | 200,000,000.0 | 150,000,000.0 | 180,000,000.0 | 330,000,000.0 | 90,000,000.0 | 220,000,000.0 | 260000000 | 100000000 | 150000000 | 230000000 | 180000000 |
| Working Capital | 270,000,000.0 | 300,000,000.0 | 170,000,000.0 | 100,000,000.0 | -160,000,000.0 | 40,000,000.0 | -130000000 | 200000000 | -120000000 | -310000000 | -350000000 |
| Shares Outstanding Capital | 50,000,000.0 | 50,000,000.0 | 50,000,000.0 | 50,000,000.0 | 50,000,000.0 | 50,000,000.0 | 50000000 | 50000000 | 40000000 | 40000000 | 40000000 |
| Book Value per Share | 29.54 | 26.1 | 33.9 | 38.22 | 43.22 | 42.64 | 45.01 | 46.40 | 52.54 | 59.73 | 61.00 |
| Debt to Equity | 1.29 | 1.88 | 1.53 | 1.61 | 1.54 | 1.63 | 1.48 | 1.51 | 1.46 | 1.15 | 1.07 |
| Cash Flow As of Originally Reported | 2,015.0 | 2,016.0 | 2,017.0 | 2,018.0 | 2,019.0 | 2,020.0 | 2021 | 2022 | 2023 | 2024 | TTM |
| Cash From Operating Activities | 420,100,000.0 | 506,670,000.0 | 684,120,000.0 | 802,530,000.0 | 721,030,000.0 | 633,560,000.0 | 831820000 | 480380000 | 736330000 | 692460000 | 705840000 |
| Cash From Investing Activities | -569,720,000.0 | -1,177,080,000.0 | -751,340,000.0 | -983,400,000.0 | -657,030,000.0 | -683,470,000.0 | -698520000 | -904890000 | -23230000 | -228630000 | -294180000 |
| Cash From Financing Activities | 220,370,000.0 | 614,140,000.0 | 102,240,000.0 | 327,460,000.0 | -305,170,000.0 | 178,430,000.0 | -90600000 | 269080000 | -667810000 | -384750000 | -412660000 |
| Capital Expenditure | 721,280,000.0 | 1,153,960,000.0 | 735,380,000.0 | 1,138,710,000.0 | 714,730,000.0 | 447,920,000.0 | 681400000 | 682590000 | 316330000 | 328280000 | 368960000 |
| Free Cash Flow | -293,400,000.0 | -642,080,000.0 | -148,640,000.0 | -411,510,000.0 | 88,740,000.0 | 52,210,000.0 | -7550000 | -154640000 | 107110000 | 489580000 | 336880000 |
| Change in Cash | 70,760,000.0 | -56,270,000.0 | 35,030,000.0 | 146,590,000.0 | -241,180,000.0 | 128,520,000.0 | 42700000 | -155440000 | 45290000 | 79090000 | -1010000 |
| Unnamed: 0 | 2015-12 | 2016-12 | 2017-12 | 2018-12 | 2019-12 | 2020-12 | 2021-12 | 2022-12 | 2023-12 | 2024-12 | Latest Qtr |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue % | |||||||||||
| Year Over Year | -4.38 | 0.83 | 2.66 | 0.54 | -7.75 | -28.43 | 27.57 | 10.74 | -2.31 | 20.18 | 18.02 |
| 3-Year Average | -4.32 | -1.82 | -0.34 | 1.34 | -1.62 | -12.77 | -5.56 | 0.37 | 11.33 | 9.14 | - |
| 5-Year Average | 2.28 | -3.11 | -1.94 | -0.47 | -1.70 | -7.23 | -2.76 | -1.28 | -1.84 | 3.49 | - |
| 10-Year Average | 4.65 | 0.02 | -0.52 | -0.81 | 1.29 | -2.59 | -2.93 | -1.61 | -1.16 | 0.86 | - |
| Operating Income % | |||||||||||
| Year Over Year | 135.40 | 24.92 | 32.51 | 22.17 | 12.62 | -79.63 | 231.30 | -49.74 | -42.55 | 375.32 | 40.07 |
| 3-Year Average | 12.21 | 24.15 | 57.36 | 26.46 | 22.16 | -34.56 | -8.74 | -30.26 | -1.47 | 11.13 | - |
| 5-Year Average | 2.17 | 44.27 | 18.52 | 25.37 | 39.91 | -14.24 | 4.23 | -14.14 | -26.17 | -1.52 | - |
| 10-Year Average | 0.62 | -1.45 | 1.20 | 6.39 | 9.67 | -6.39 | 22.63 | 0.88 | -3.79 | 17.38 | - |
| Net Income % | |||||||||||
| Year Over Year | - | - | - | -34.63 | 21.30 | - | - | -34.81 | -52.93 | 840.43 | 66.76 |
| 3-Year Average | 32.06 | - | - | 33.51 | - | - | -26.37 | -40.14 | - | 42.37 | - |
| 5-Year Average | 4.10 | - | 53.00 | 36.6 | - | - | - | -29.83 | -34.29 | -1.03 | - |
| 10-Year Average | 0.48 | - | 10.42 | 9.52 | 15.06 | - | - | 3.61 | -5.26 | - | - |
| EPS % | |||||||||||
| Year Over Year | - | - | - | -34.41 | 24.91 | - | - | -34.55 | -46.53 | 909.09 | 66.90 |
| 3-Year Average | 31.87 | - | - | 32.66 | - | - | -25.40 | -39.86 | - | 52.29 | - |
| 5-Year Average | 5.95 | - | 52.18 | 36.46 | - | - | - | -29.17 | -32.01 | 3.26 | - |
| 10-Year Average | 1.80 | - | 12.49 | 10.63 | 16.24 | - | - | 3.82 | -3.68 | - | - |
| Cash Flow Ratios | 2015-12 | 2016-12 | 2017-12 | 2018-12 | 2019-12 | 2020-12 | 2021-12 | 2022-12 | 2023-12 | 2024-12 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow Growth % YOY | 47.13 | 20.60 | 35.02 | 17.31 | -10.16 | -12.13 | 31.29 | -42.25 | 53.28 | -5.96 | - |
| Free Cash Flow Growth % YOY | - | - | - | - | - | 2,847.63 | -18.97 | - | - | -13.29 | - |
| Free Cash Flow/Sales % | -9.73 | -20.74 | -1.60 | -10.43 | 0.21 | 8.73 | 5.54 | -6.73 | 14.31 | 10.32 | 9.17 |
| Free Cash Flow/Net Income | -2.56 | 4.01 | -0.12 | -1.20 | 0.02 | -21.8 | 1.34 | -2.77 | 12.23 | 1.13 | 0.93 |
| Free Cash Flow/Share | -8.20 | -3.68 | -9.62 | -5.21 | 0.88 | 6.03 | 3.38 | -8.48 | 6.75 | 11.6 | 8.77 |
| Liquidity/Financial Health | 2015-12 | 2016-12 | 2017-12 | 2018-12 | 2019-12 | 2020-12 | 2021-12 | 2022-12 | 2023-12 | 2024-12 | Latest Qtr |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.35 | 1.4 | 1.21 | 1.1 | 0.82 | 1.04 | 0.89 | 1.17 | 0.9 | 0.78 | 0.76 |
| Quick Ratio | 0.74 | 0.82 | 0.89 | 0.84 | 0.66 | 0.92 | 0.77 | 0.98 | 0.73 | 0.65 | 0.63 |
| Interest Coverage | 3.56 | -2.18 | 3.75 | 4.04 | 4.49 | 0.94 | 2.22 | 1.73 | 1.31 | 4.78 | 5.23 |
| Financial Leverage | 3.19 | 3.8 | 3.11 | 3.21 | 3.06 | 3.22 | 3.14 | 3.16 | 3.32 | 2.96 | 2.88 |
| Debt/Equity | 1.11 | 1.66 | 1.36 | 1.43 | 1.33 | 1.41 | 1.27 | 1.29 | 1.24 | 0.92 | 0.86 |
| Book Value/Share | 28.66 | 31.37 | 28.51 | 37.54 | 42.05 | 43.54 | 44.9 | 47.35 | 53.12 | 57.32 | 59.39 |
| Cap Ex as a % of Sales | 23.3 | 36.97 | 22.95 | 35.35 | 24.05 | 21.06 | 25.11 | 22.72 | 10.78 | 9.31 | 10.05 |
| Fiscal | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Current | 5-Yr |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Return on Asset % | 2.56 | -3.25 | 8.1 | 4.76 | 5.24 | -0.13 | 1.6 | 1.0 | 0.48 | 4.56 | 5.15 | 3.48 |
| Return on Equity % | 8.11 | -11.31 | 27.62 | 15.08 | 16.43 | -0.39 | 5.08 | 3.16 | 1.54 | 14.28 | 15.66 | 11.19 |
| Return on Invested Capital % | 4.93 | -3.05 | 11.73 | 7.66 | 8.02 | 1.38 | 3.6 | 2.77 | 1.96 | 7.18 | 8.05 | 5.86 |
| Days Sales Outstanding | 8.56 | 6.38 | 5.11 | 6.06 | 9.04 | 10.08 | 6.71 | 10.07 | 11.4 | 10.64 | 11.08 | 7.03 |
| Days Inventory | 19.49 | 18.36 | 17.28 | 18.25 | 19.81 | 17.19 | 14.14 | 16.56 | 17.82 | 17.73 | 17.4 | 18.64 |
| Payables Period | 38.58 | 36.96 | 38.44 | 45.79 | 51.28 | 48.0 | 56.13 | 66.89 | 63.53 | 66.47 | 68.08 | 42.21 |
| Cash Conversion Cycle | -10.53 | -12.23 | -16.06 | -21.48 | -22.43 | -20.73 | -35.27 | -40.26 | -34.3 | -38.1 | -39.6 | -16.55 |
| Recieveables Turnover | 42.62 | 57.23 | 71.49 | 60.26 | 40.39 | 36.22 | 54.37 | 36.23 | 32.02 | 34.31 | 32.93 | 54.4 |
| Inventory Turnover | 18.73 | 19.88 | 21.13 | 20.0 | 18.42 | 21.23 | 25.81 | 22.05 | 20.48 | 20.58 | 20.98 | 19.63 |
| Fixed Assets Turnover | 0.95 | 0.86 | 0.8 | 0.7 | 0.55 | 0.37 | 0.48 | 0.53 | 0.52 | 0.63 | 0.65 | 0.77 |
| Asset Turnover | 0.67 | 0.63 | 0.6 | 0.55 | 0.46 | 0.31 | 0.39 | 0.41 | 0.41 | 0.5 | 0.52 | 0.58 |
