SkyWest, Inc. (SKYW)

Heartland Financial USA Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	3,841	3,528	2,935	3,005	2,713	2,127
Revenue Growth (YoY)	20.45%	20.18%	-2.31%	10.74%	27.57%	-28.43%
Cost of Revenue	2,562	2,355	2,180	2,111	2,080	1,666
Gross Profit	1,279	1,173	755.3	893.86	633.92	461.07
Other Operating Expenses	327.32	298.46	265.8	266.76	255.93	222.8
Operating Expenses	698.11	682.34	648.92	661.31	696.13	697.76
Operating Income	580.86	490.5	106.39	232.55	-62.21	-236.69
Interest Expense	-109.23	-114.34	-130.93	-127.08	-123.12	-123.17
Interest & Investment Income	45.43	47.96	43.93	17.61	1.11	5.88
Earnings From Equity Investments	2.4	2.3	-	-	-	1.17
Other Non Operating Income (Expenses)	1.09	0.14	9.43	1.57	-7.84	-
EBT Excluding Unusual Items	520.55	426.56	28.81	124.64	-192.05	-352.82
Gain (Loss) on Sale of Investments	0.69	-6.82	-0.48	11.38	-	-
Gain (Loss) on Sale of Assets	8.25	8.25	14.3	7.95	4.59	-
Asset Writedown	4.16	4.16	-2.32	-51.38	-84.59	-
Other Unusual Items	-	-	-	-	422.67	345.49
Pretax Income	533.64	432.14	40.31	92.58	150.61	-7.33
Income Tax Expense	125.73	109.18	5.97	19.63	38.7	1.19
Net Income	407.91	322.96	34.34	72.95	111.91	-8.52
Net Income to Common	407.91	322.96	34.34	72.95	111.91	-8.52
Net Income Growth	130.63%	840.43%	-52.93%	-34.81%	-	-
Shares Outstanding (Basic)	40	40	44	51	50	50
Shares Outstanding (Diluted)	42	42	45	51	51	50
Shares Change (YoY)	-1.12%	-6.84%	-11.94%	-0.21%	1.11%	-2.30%
EPS (Basic)	10.10	8.02	0.78	1.44	2.22	-0.17
EPS (Diluted)	9.81	7.77	0.77	1.44	2.20	-0.17
EPS Growth	132.99%	909.09%	-46.53%	-34.54%	-	-
Free Cash Flow	253.42	364.18	420.01	-202.22	150.42	185.64
Free Cash Flow Per Share	6.10	8.77	9.42	-3.99	2.96	3.70
Dividend Per Share	-	-	-	-	-	0.140
Dividend Growth	-	-	-	-	-	-70.83%
Gross Margin	33.30%	33.25%	25.73%	29.75%	23.36%	21.68%
Operating Margin	15.12%	13.90%	3.62%	7.74%	-2.29%	-11.13%
Profit Margin	10.62%	9.15%	1.17%	2.43%	4.12%	-0.40%
Free Cash Flow Margin	6.60%	10.32%	14.31%	-6.73%	5.54%	8.73%
EBITDA	951.65	874.38	489.5	627.1	377.99	238.27
EBITDA Margin	24.78%	24.79%	16.68%	20.87%	13.93%	11.20%
D&A For EBITDA	370.79	383.88	383.12	394.55	440.2	474.96
EBIT	580.86	490.5	106.39	232.55	-62.21	-236.69
EBIT Margin	15.12%	13.90%	3.62%	7.74%	-2.29%	-11.13%
Effective Tax Rate	23.56%	25.26%	14.80%	21.20%	25.70%	-
Revenue as Reported	3,841	3,528	2,935	3,005	2,713	2,127

Updated Jul 24, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q