SkyWest, Inc. (SKYW)

SkyWest Cash Flow Statement

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

Operating Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	409.91	428.33	322.96	34.34	72.95	111.91
Depreciation & Amortization	367.61	364.5	383.88	383.12	394.55	440.2
Loss (Gain) From Sale of Assets	-8.08	-8.08	-12.4	-11.98	43.44	-4.59
Asset Writedown & Restructuring Costs	-	-	-	-	-	84.59
Loss (Gain) From Sale of Investments	1.05	1.05	6.82	0.48	-11.38	-
Stock-Based Compensation	18.73	18.73	19.86	17.13	9.16	8.69
Provision & Write-off of Bad Debts	7.52	7.52	-3.63	-0.19	-4.59	-4.25
Other Operating Activities	146.33	122.76	100.37	0.54	23.83	37.31
Change in Accounts Receivable	-66.25	-66.25	-49.04	32.42	-44.45	-38.5
Change in Inventory	-29.55	-29.55	-11.89	-3.91	-16.63	-12.9
Change in Accounts Payable	152.08	152.08	-3.14	80.96	-42.03	231.18
Change in Unearned Revenue	-48.47	-48.47	-40.01	229.86	40.81	-6.83
Change in Income Taxes	-2.25	-2.25	-7.5	1	7.82	-5.57
Change in Other Net Operating Assets	-0.02	-0.02	-13.81	-27.44	6.91	-9.42
Operating Cash Flow	948.62	940.36	692.46	736.33	480.38	831.82
Operating Cash Flow Growth	18.94%	35.80%	-5.96%	53.28%	-42.25%	31.29%

Investing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Capital Expenditures	-633.45	-653.37	-328.28	-316.33	-682.59	-681.4
Sale of Property, Plant & Equipment	12.06	15.59	5.15	15.88	16.98	7.12
Investment in Securities	158.73	-9.86	112.52	261.41	-377.67	8.2
Other Investing Activities	-1.83	-4.2	-18.02	15.81	138.38	-32.43
Investing Cash Flow	-464.49	-651.83	-228.63	-23.23	-904.89	-698.52

Financing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Long-Term Debt Issued	-	208.84	116.17	69.69	684.5	450.03
Long-Term Debt Repaid	-	-491.9	-452.86	-447.6	-415.05	-540.54
Net Debt Issued (Repaid)	-202.59	-283.06	-336.69	-377.92	269.45	-90.51
Issuance of Common Stock	2.67	2.65	2.86	2.81	2.96	3.15
Repurchase of Common Stock	-250.25	-112.17	-50.25	-292.53	-1.15	-1.58
Other Financing Activities	-0.89	-0.63	-0.67	-0.18	-2.18	-1.67
Financing Cash Flow	-451.06	-393.22	-384.75	-667.81	269.08	-90.6

Net Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Cash Flow	33.08	-104.69	79.09	45.29	-155.44	42.7

Free Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
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%
Free Cash Flow Margin	7.52%	7.07%	10.32%	14.31%	-6.73%	5.54%
Free Cash Flow Per Share	7.74	6.93	8.77	9.42	-3.99	2.96
Levered Free Cash Flow	145.13	209.52	374.24	224.74	-390.47	-132.63
Unlevered Free Cash Flow	207.73	274.8	445.7	306.57	-311.04	-55.68

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash Interest Paid	103.71	105.88	113.57	128.29	125.32	124.92
Cash Income Tax Paid	11.44	16.86	18.59	13.61	1.17	6.59
Change in Working Capital	5.55	5.55	-125.4	312.9	-47.58	157.97

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Jul 23, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 27, 2026

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