SkyWest, Inc. (SKYW)

SkyWest 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	3,978	3,528	2,935	3,005	2,713	2,127
Revenue Growth (YoY)	19.27%	20.18%	-2.31%	10.74%	27.57%	-28.43%
Cost of Revenue	2,663	2,355	2,180	2,111	2,080	1,666
Gross Profit	1,315	1,173	755.3	893.86	633.92	461.07
Other Operating Expenses	324.79	298.46	265.8	266.76	255.93	222.8
Operating Expenses	691.4	682.34	648.92	661.31	696.13	697.76
Operating Income	623.57	490.5	106.39	232.55	-62.21	-236.69
Interest Expense	-107.03	-114.34	-130.93	-127.08	-123.12	-123.17
Interest & Investment Income	43.54	47.96	43.93	17.61	1.11	5.88
Earnings From Equity Investments	15.7	2.3	-	-	-	1.17
Other Non Operating Income (Expenses)	-10.95	0.14	9.43	1.57	-7.84	-
EBT Excluding Unusual Items	564.82	426.56	28.81	124.64	-192.05	-352.82
Gain (Loss) on Sale of Investments	-2.62	-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	574.61	432.14	40.31	92.58	150.61	-7.33
Income Tax Expense	140.05	109.18	5.97	19.63	38.7	1.19
Net Income	434.56	322.96	34.34	72.95	111.91	-8.52
Net Income to Common	434.56	322.96	34.34	72.95	111.91	-8.52
Net Income Growth	78.75%	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)	-0.13%	-6.84%	-11.94%	-0.21%	1.11%	-2.30%
EPS (Basic)	10.76	8.02	0.78	1.44	2.22	-0.17
EPS (Diluted)	10.47	7.77	0.77	1.44	2.20	-0.17
EPS Growth	78.86%	909.09%	-46.53%	-34.54%	-	-
Free Cash Flow	319.04	364.18	420.01	-202.22	150.42	185.64
Free Cash Flow Per Share	7.69	8.77	9.42	-3.99	2.96	3.70
Dividend Per Share	-	-	-	-	-	0.140
Dividend Growth	-	-	-	-	-	-70.83%
Gross Margin	33.05%	33.25%	25.73%	29.75%	23.36%	21.68%
Operating Margin	15.68%	13.90%	3.62%	7.74%	-2.29%	-11.13%
Profit Margin	10.92%	9.15%	1.17%	2.43%	4.12%	-0.40%
Free Cash Flow Margin	8.02%	10.32%	14.31%	-6.73%	5.54%	8.73%
EBITDA	990.17	874.38	489.5	627.1	377.99	238.27
EBITDA Margin	24.89%	24.79%	16.68%	20.87%	13.93%	11.20%
D&A For EBITDA	366.6	383.88	383.12	394.55	440.2	474.96
EBIT	623.57	490.5	106.39	232.55	-62.21	-236.69
EBIT Margin	15.68%	13.90%	3.62%	7.74%	-2.29%	-11.13%
Effective Tax Rate	24.37%	25.26%	14.80%	21.20%	25.70%	-
Revenue as Reported	3,978	3,528	2,935	3,005	2,713	2,127

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q