SkyWest, Inc. (SKYW)

NASDAQ: SKYW · Real-Time Price · USD

97.13

+1.12 (1.17%)

At close: Sep 16, 2026, 4:00 PM EDT

96.00

-1.13 (-1.16%)

After-hours: Sep 16, 2026, 4:10 PM EDT

SkyWest Financials Overview

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

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	4,190	4,058	3,528	2,935	3,005	2,713
Revenue Growth	9.10%	15.03%	20.18%	-2.31%	10.74%	27.57%
Gross Profit	1,295	1,313	1,178	780.81	893.86	633.92
Operating Income	587.86	617.85	490.5	106.39	232.55	-62.21
Net Income	409.91	428.33	322.96	34.34	72.95	111.91
Earnings Per Share	10.07	10.35	7.77	0.77	1.44	2.20
EPS Growth	2.69%	33.20%	909.09%	-46.53%	-34.54%	-

Revenue by Segment

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
SkyWest Airlines and SkyWest Charter (SWC)	3,540	3,415	2,905	2,392	2,492	2,192
SkyWest Leasing	650.53	643.14	622.58	543.26	512.61	521.06
Revenue (Total)	4,190	4,058	3,528	2,935	3,005	2,713

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	600.98	706.91	801.63	835.22	1,047	860.41
Total Debt	2,384	2,474	2,760	3,093	3,541	3,346
Net Cash (Debt)	-1,783	-1,767	-1,958	-2,258	-2,493	-2,486
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-43.77	-42.68	-47.14	-50.62	-49.23	-48.98

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	948.62	940.36	692.46	736.33	480.38	831.82
Capital Expenditures	-633.45	-653.37	-328.28	-316.33	-682.59	-681.4
Free Cash Flow	315.17	287	364.18	420.01	-202.22	150.42
Free Cash Flow Growth	24.37%	-21.19%	-13.29%	-	-	-18.97%

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	30.89%	32.36%	33.39%	26.60%	29.75%	23.36%
Operating Margin	14.03%	15.22%	13.90%	3.62%	7.74%	-2.29%
Pretax Margin	12.61%	13.94%	12.25%	1.37%	3.08%	5.55%
Profit Margin	9.78%	10.55%	9.15%	1.17%	2.43%	4.12%
FCF Margin	7.52%	7.07%	10.32%	14.31%	-6.73%	5.54%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 16, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	9.65	9.40	12.50	62.24	11.45	17.69
Forward PE	8.41	9.24	11.82	11.71	27.18	15.72
P/FCF Ratio	11.87	14.03	11.09	5.09	-	13.16
PS Ratio	0.89	0.99	1.15	0.73	0.28	0.73