SkyWest, Inc. logo SKYW - SkyWest, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
1
BUY 10
HOLD 6
SELL 0
STRONG
SELL
0
| PRICE TARGET: $122.00 DETAILS
HIGH: $122.00
LOW: $122.00
MEDIAN: $122.00
CONSENSUS: $122.00
UPSIDE: 43.83%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Revenue
Revenue 4,058.2 3,527.9 2,935.4 3,004.9 2,713.5 2,127.1 2,972.0 3,221.7 3,122.6 3,121.2 3,095.6 3,237.4 3,297.7 3,534.4 3,654.9 2,765.1 2,613.6 3,496.2 3,374.3 3,114.7 1,964.0 1,156.0 888.0 774.4 601.9 474.8 388.6 297.1 283.3 251.7 225.4 188 146.8
Cost of Revenue 1,559.4 2,739.0 2,563.2 2,505.6 2,519.8 2,141.0 2,194.1 2,474.6 2,483.6 2,523.2 2,547.2 2,874.1 2,905.4 3,138.5 3,367.9 1,067.7 1,339.7 2,136.2 2,672.0 2,439.6 1,537.7 871.6 570.5 470.5 437.8 304.3 248.2 198.4 205.1 185.2 159.8 124.8 95.5
Gross Profit 2,498.8 789.0 372.2 499.3 193.7 (13.9) 777.9 747.1 639.0 598.0 548.4 363.4 392.4 395.8 287.1 1,697.4 1,273.9 1,360.0 702.3 675.1 426.3 284.4 317.5 303.9 164.1 170.4 140.4 98.7 78.2 66.5 65.6 63.2 51.3
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 0 0 0 0 0 0 0 272.8 250.8 305.0 0 0 0 0 1,501.6 1,250.3 698.3 724.1 148.8 146.0 90.7 62.8 134.6 128.3 60.8 55.3 51.9 40.5 42.2 37.9 32 28.8 24
Other Expenses 1,881 294.3 268.1 318.1 (82.1) (122.7) 265.6 0 0.4 (0.1) 33.7 20.7 10.4 (10.6) (13.4) 236.5 363.4 380.7 208.9 189.9 115.3 76.8 74.4 56.1 45.9 28.5 24.2 24.2 20.5 16.6 13.2 9.7 7.5
Operating Expenses 1,881 294.3 268.1 318.1 (82.1) (122.7) 265.6 272.8 250.8 305.0 313.9 263.7 239.2 229.8 240.2 1,486.8 1,061.8 3,241.0 357.8 335.9 205.9 139.7 209.0 184.4 106.7 83.8 76.1 64.7 62.7 54.5 45.2 38.5 31.5
Operating Income
Operating Income 617.8 494.7 104.1 181.2 275.9 108.8 512.3 474.3 388.2 (172.7) 234.5 24.8 153.1 166.0 41.1 201.8 212.2 255.2 344.5 339.2 220.4 144.8 108.5 119.6 57.4 86.7 64.3 34 15.5 12 20.4 24.7 19.8
Interest Expense 104.4 114.3 130.9 127.1 123.1 123.2 127.8 120.4 104.9 78.2 75.8 66.0 68.7 77.4 80.4 86.5 86.3 106.1 93.7 100.2 41.2 8.2 0 0 0 0 0 0 0 10.8 0 0 17.2
Interest Income 43.3 48.0 43.9 17.6 1.1 5.9 14.1 8.8 4.5 2.1 2.0 4.1 3.7 7.9 8.2 14.4 11.1 20.8 31.6 20.0 12.9 10.1 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 1,034.5 930.4 554.4 614.2 713.9 590.8 942.2 808.9 681.0 114.3 499.0 359.3 398.1 415.2 284.4 468.9 439.6 502.4 553.5 555.6 335.7 221.6 182.9 177.1 111.5 113.3 115.1 88.5 56.9 36 28.6 33.6 34.4
EBIT 670.0 546.5 171.2 219.7 273.7 115.8 574.1 474.3 388.2 (170.6) 234.5 99.6 153.1 163.3 30.2 232.4 218.1 282.2 344.5 358.0 220.4 144.8 108.5 119.6 65.6 78.9 86.7 64.3 32.7 15.5 12 20.4 24.7
Income Before Tax 565.6 432.1 40.3 92.6 150.6 (7.3) 446.3 366.3 288.2 (248.8) 194.3 (16.3) 98.5 85.9 (50.2) 145.9 131.7 176.2 250.3 240.0 179.6 136.6 109.5 128.3 82.8 92.8 69.9 35.6 16.6 6.8 22.2 23.8 10.5
Income Tax Expense 137.3 109.2 6.0 19.6 38.7 1.2 106.2 85.9 (140.7) (87.2) 76.5 7.8 39.6 34.7 (22.8) 49.6 48.1 63.3 91.1 94.2 67.4 54.6 42.7 50.0 32.3 35.7 27.3 13.7 6.5 2.4 8.5 9.4 3.8
Net Income 428.3 323.0 34.3 73.0 111.9 (8.5) 340.1 280.4 428.9 (161.6) 117.8 (24.2) 59.0 51.2 (27.3) 96.3 83.7 112.9 159.2 145.8 112.3 82.0 66.8 86.9 50.5 57.1 41.8 21.9 10.1 4.4 13.7 14.4 6.7
Per Share Data
EPS (Basic) 10.62 8.02 0.78 1.44 2.22 -0.17 6.68 5.40 8.28 -3.14 2.31 -0.47 1.14 1.00 -0.52 1.73 1.50 1.95 2.54 2.33 1.94 1.42 1.16 1.52 0.90 1.16 0.86 0.53 0.25 0.11 0.31 0.37 0.22
EPS (Diluted) 10.35 7.77 0.77 1.44 2.21 -0.17 6.62 5.30 8.08 -3.14 2.27 -0.47 1.12 0.99 -0.52 1.70 1.47 1.93 2.49 2.30 1.90 1.40 1.15 1.51 0.88 1.14 0.84 0.52 0.25 0.11 0.30 0.36 0.22
Shares Outstanding 40.3 40.3 43.9 50.5 50.3 50.2 50.9 51.9 51.8 51.5 51.1 51.2 51.7 51.1 52.2 55.6 55.9 57.8 62.7 62.5 57.9 57.9 57.7 57.2 56.4 49.1 48.4 41.6 40.4 40 44.4 38.9 30.5
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Current Assets
Cash & Cash Equivalents 0 227.4 148.3 103.0 258.4 215.7 87.2 328.4 181.8 146.8 76.4 125.9 113.0 112.4 131.0 42.7 27.2 24.5 52.2 139.8 37.8 24.5 27.4 56.4
Short-Term Investments 706.9 574.3 686.9 944.2 602.0 610.2 433.0 360.9 503.5 409.9 645.3 568.6 427.5 358.8 294.5 268.0 252.8 146.8 109.6 14.6 18 19.1 21.3 0
Net Receivables 0 123.9 84.1 110.4 65.3 38.4 94.1 90.1 48.0 53.9 124.5 70.3 37.0 75.1 26.3 20.1 15.9 9.5 13.3 9 10.9 12.9 7 9.8
Inventory 0 139.0 127.1 123.2 104.1 91.2 110.5 127.7 119.8 118.5 89.9 104.4 33.9 26.1 27.0 23.3 20.1 16.2 13.9 8.4 10 8.9 7.2 5.9
Other Current Assets 384.3 53.7 85.5 90.4 38.7 27.3 35.6 26.6 26.9 26.4 69.9 114.3 39.4 45.0 14.1 32.4 39.0 36.8 27.7 18 13.6 11.1 8.7 15
Total Current Assets 1,091.2 1,117.1 1,131.9 1,371.3 1,068.6 982.8 760.3 1,020.8 995.1 917.8 1,254.1 1,220.7 712.3 670.4 513.2 386.6 355.0 233.8 216.7 189.8 90.3 76.5 71.6 87.1
Non-Current Assets
Property, Plant & Equipment 5,743.0 5,675.1 5,569.7 5,700.4 5,737.1 5,644.4 5,730.7 5,005.7 4,183.0 3,821.7 2,879.7 2,709.4 932.5 843.9 456.0 441.7 338.0 234.0 198.9 114.7 137.7 145.1 110.2 90
Goodwill 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 0 0 0 0 0 0 0 0 0 8.2 24.0 26.2 0 0 0 0 0 0 0 0 0 0 0 0
Long-Term Investments 0 0 0 36.6 0 25.5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 552.1 347.7 324.7 306.3 320.2 234.9 166.1 286.7 296.3 260.2 153 58.0 17.4 14.9 30.2 3.3 2.5 2.4 2.1 14.4 4.9 6 6.4 6.9
Total Non-Current Assets 6,295.1 6,022.8 5,894.4 6,486.2 6,057.4 6,229.0 5,896.8 5,292.4 4,479.3 4,090.2 3,056.7 2,793.6 950.0 858.8 486.2 445.0 340.5 236.4 201 129.1 142.6 151.1 116.6 96.9
Total Assets 7,386.2 7,139.9 7,026.3 7,857.5 7,125.9 7,211.8 6,657.1 6,313.2 5,474.4 5,008.0 4,310.8 4,014.3 1,662.3 1,529.2 999.4 831.6 695.5 470.2 417.7 318.9 232.9 227.6 188.2 184
Current Liabilities
Account Payables 0 527.4 470.3 422.0 496.3 278.7 284.5 332.0 288.9 241.2 165.8 110.9 57.1 46.5 39.6 36.3 46.5 42.4 45.6 30.1 29.2 23.7 13.8 10
Short-Term Debt 546.8 535.6 443.9 510.2 391.8 484.8 364.1 350.2 309.7 305.5 148.6 129.8 32.6 30.9 12.5 12.2 10.2 12.4 8.5 6.3 6.4 6.2 3.7 3.9
Deferred Revenue 0 0 0 5.2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 1,120.8 96.8 99.9 48.8 48.2 52.3 32.4 65.0 48.6 45.1 50.6 62.7 25.7 74.6 69.3 67.3 31.2 24.8 20.3 10.2 9.4 13.7 8.1 6.6
Total Current Liabilities 1,667.6 1,429.6 1,254.3 1,172.5 1,194.6 941.7 924.7 924.8 820.8 747.3 449.8 386.6 175.8 152.0 121.4 115.7 88.0 79.6 74.4 46.6 45 43.6 25.6 20.5
Non-Current Liabilities
Long-Term Debt 1,845.3 2,136.8 2,562.2 2,941.8 2,717.4 2,801.5 2,629.0 2,809.8 2,377.3 2,240.1 1,816.3 1,681.7 463.2 462.8 125.4 113.7 73.9 48.3 61.8 41.1 47.3 53.7 29.6 26.6
Deferred Tax Liabilities 0 788.0 0 1,130.0 663.2 950.1 623.6 518.2 419.0 565.4 536.5 507.1 189.2 154.9 63.4 41.2 35.7 30.0 25.2 20 16 14.4 13 11
Other Non-Current Liabilities 1,126.9 309.5 1,028.9 37.4 124.9 62.3 45.6 96.2 102.9 104.3 38.5 41.5 55.0 50.5 50.6 15.1 0 0 0 0.1 0 0.1 2.3 3.1
Total Non-Current Liabilities 2,972.2 3,301.5 3,658.5 4,337.3 3,663.8 4,130.5 3,557.4 3,424.1 2,899.3 2,909.8 2,508.7 2,352.2 707.4 668.2 239.3 170.0 109.6 78.3 87 61.2 63.3 68.2 44.9 40.7
Total Liabilities 4,639.8 4,731.1 4,912.8 5,509.9 4,858.4 5,072.2 4,482.1 4,348.9 3,720.1 3,657.0 2,958.6 2,738.8 883.2 820.1 360.7 285.7 197.5 158.0 161.4 107.8 108.3 111.8 70.5 61.2
Stockholders' Equity
Common Stock 798.5 777.1 754.4 734.4 722.3 704.7 686.8 690.9 672.6 657.4 0 0 335.2 327.0 320.1 309.7 298.1 165.8 162.1 155.9 89.1 88.2 87.7 0
Retained Earnings 3,022.5 2,594.2 2,271.2 2,236.9 2,163.9 2,052.0 2,079.2 1,776.6 1,517.0 1,103.8 1,052.4 977.7 477.4 402.5 340.3 258.0 221.1 168.3 114.4 75.5 55.7 47.9 46.1 35.5
Accumulated Other Comprehensive Income 0.3 0.2 0.3 (3.8) 0 0 0 (0.0) (0.1) (0.1) 1.3 (3.4) (1.1) (0.1) (1.4) (1.6) (0.9) (1.6) 0 0 0 0 0 0
Total Stockholders' Equity 2,746.4 2,408.8 2,113.5 2,347.6 2,267.5 2,139.5 2,175.0 1,964.3 1,754.3 1,350.9 1,352.2 1,275.5 779.1 709.1 638.7 545.8 498.0 312.2 256.3 211.1 124.6 115.8 117.7 122.8
Total Liabilities & Equity 7,386.2 7,139.9 7,026.3 7,857.5 7,125.9 7,211.8 6,657.1 6,313.2 5,474.4 5,008.0 4,310.8 4,014.3 1,662.3 1,529.2 999.4 831.6 695.5 470.2 417.7 318.9 232.9 227.6 188.2 184
Debt Metrics
Total Debt 2,392.1 2,760.1 3,092.8 3,540.6 3,346.4 3,492.2 3,347.2 3,160.0 2,687.0 2,545.5 1,964.9 1,811.5 495.8 493.6 137.9 125.8 84.1 60.8 70.3 47.4 53.7 59.9 33.3 30.5
Net Debt 2,392.1 2,532.7 2,944.5 3,437.6 3,088.0 3,276.5 3,260.0 2,831.6 2,505.2 2,398.7 1,888.5 1,685.6 382.8 381.2 7.0 83.1 56.9 36.2 18.1 (92.4) 15.9 35.4 5.9 (25.9)
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Operating Activities
Net Income 428.3 323.0 34.3 73.0 111.9 (8.5) 340.1 280.4 428.9 (161.6) 112.3 82.0 66.8 86.9 50.5 57.1 41.8 21.9 10.1 4.4 13.7 14.4 6.7
Depreciation & Amortization 364.5 383.9 383.1 394.6 440.2 475.0 368.1 334.6 292.8 285.0 115.3 76.8 74.4 57.5 45.9 28.5 24.2 24.2 20.5 16.6 13.2 9.7 7.5
Stock-Based Compensation 18.7 19.9 17.1 9.2 8.7 6.8 10.3 13.1 10.6 7.6 0 0 0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital 5.5 (125.4) 312.9 (47.6) 158.0 133.4 (82.4) 75.3 97.4 (5.2) (70.8) 53.6 (98.0) (7.4) 24.8 (6.3) 5.7 (1.7) 0.8 4.9 0.5 2.6 (0.1)
Other Non-Cash Items 0.5 91.2 (11.7) 27.5 75.8 20.8 (24.7) 0 0 464.4 32.8 4.9 23.5 14.5 22.7 1.1 0.2 0 (0.9) (0.3) 0.1 1.2 0.4
Operating Cash Flow 940.4 692.5 736.3 480.4 831.8 633.6 721.0 802.5 684.1 506.7 207.5 246.9 157.7 173.7 150.8 86.5 78 48.4 32.1 26.9 30 32.8 14.9
Investing Activities
Capital Expenditure (653.4) (328.3) (316.3) (682.6) (681.4) (447.9) (714.7) (1,138.7) (735.4) (1,154.0) (328.3) (215.7) (63.1) (26.3) (199.9) (75.5) (110.9) (29.8) (19.8) (64.7) (39.3) (45.6) (20.9)
Acquisitions 0 0 0 155.4 40.1 31.1 53.2 49.5 88.5 3.0 (371.9) 0 (740.5) (94.5) 0 0 0 0 0 0 0 0 0.3
Purchases of Investments (1,113.3) (1,430.7) (1,339.5) (1,834.4) (1,517.9) (1,347.8) (1,938.8) (2,308.8) (1,533.9) (2,511.4) (332.3) (499.3) (26.3) (26.3) (41.6) (38.8) (95) 0 0 0 (9.8) (9.4) (1)
Sales/Maturities of Investments 1,103.4 1,543.3 1,600.9 1,488.4 1,526.1 1,170.6 1,866.8 2,451.3 1,440.3 2,388.2 599.8 429.7 26.3 45.1 0 0 0 3.3 1.1 2.2 0 0 0.2
Other Investing Activities 11.4 5.2 31.7 (31.6) (65.4) (89.4) 76.5 (36.8) (10.9) 97.1 10.2 47.8 (8.1) 0.2 21.9 8.9 24.4 11.3 7.1 12.4 5.7 (3.3) 1.6
Investing Cash Flow (651.8) (228.6) (23.2) (904.9) (698.5) (683.5) (657.0) (983.4) (751.3) (1,177.1) (422.5) (237.5) (811.7) (101.8) (219.6) (105.3) (181.5) (15.2) (11.6) (50.1) (43.4) (58.3) (19.8)
Financing Activities
Net Debt Issuance (283.1) (336.7) (377.9) 269.5 (90.5) 219.0 (182.4) 413.9 141.4 623.9 179.6 2.2 599.5 12.1 39.9 23.3 (9.6) 12.5 4.1 (6.2) 26.7 3.6 7.2
Stock Repurchased (84.9) (43.3) (291.9) 0 0 (20) (94.6) (54.4) (20.0) 0 0 (12.3) 0 0 0 0 0 0 0 0 (4.2) (16.1) 0
Dividends Paid 0 0 0 0 0 (13.1) (23.5) (19.7) (15.0) (9.3) (7.0) (6.4) (4.6) (4.6) (4.5) (4.2) 0 0 0 0 0 0 0
Other Financing Activities (27.9) (7.6) (0.8) (3.3) (3.2) (10.3) 4.6 (17.4) (8.8) (8.7) 48.1 0 33.7 0 0 0 0.4 54.1 (75) (0.1) 0 0 0
Financing Cash Flow (393.2) (384.8) (667.8) 269.1 (90.6) 178.4 (305.2) 327.5 102.2 614.1 242.5 (8.7) 635.4 16.4 45.3 (8.9) 15.9 68.8 (7.2) 20.3 (15.5) 72 6.1
Cash Position
Net Change in Cash (104.7) 79.1 45.3 (155.4) 42.7 128.5 (241.2) 146.6 35.0 (56.3) 27.6 0.6 (18.6) 88.3 (23.5) (27.7) (87.6) 102 13.3 (2.9) (29) 46.5 1.2
Cash at Beginning 227.4 148.3 103.0 258.4 215.7 87.2 328.4 181.8 146.8 203.0 113.0 112.4 131.0 42.7 66.2 52.2 139.8 37.8 24.5 27.4 56.4 9.8 8.7
Cash at End 122.7 227.4 148.3 103.0 258.4 215.7 87.2 328.4 181.8 146.8 140.6 113.0 112.4 131.0 42.7 24.5 52.2 139.8 37.8 24.5 27.4 56.3 9.9
Free Cash Flow 287.0 364.2 420.0 (202.2) 150.4 185.6 6.3 (336.2) (51.3) (647.3) (120.7) 31.1 94.7 147.4 (49.1) 11.0 (32.9) 18.6 12.3 (37.8) (9.3) (12.8) (6)
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Income Statement
Revenue 4,058.2 3,527.9 2,935.4 3,004.9 2,713.5 2,127.1 2,972.0 3,221.7 3,122.6 3,121.2 3,095.6 3,237.4 3,297.7 3,534.4 3,654.9 2,765.1 2,613.6 3,496.2 3,374.3 3,114.7 1,964.0 1,156.0 888.0 774.4 601.9 474.8 388.6 297.1 283.3 251.7 225.4 188 146.8
Gross Profit 2,498.8 789.0 372.2 499.3 193.7 (13.9) 777.9 747.1 639.0 598.0 548.4 363.4 392.4 395.8 287.1 1,697.4 1,273.9 1,360.0 702.3 675.1 426.3 284.4 317.5 303.9 164.1 170.4 140.4 98.7 78.2 66.5 65.6 63.2 51.3
Operating Income 617.8 494.7 104.1 181.2 275.9 108.8 512.3 474.3 388.2 (172.7) 234.5 24.8 153.1 166.0 41.1 201.8 212.2 255.2 344.5 339.2 220.4 144.8 108.5 119.6 57.4 86.7 64.3 34 15.5 12 20.4 24.7 19.8
Net Income 428.3 323.0 34.3 73.0 111.9 (8.5) 340.1 280.4 428.9 (161.6) 117.8 (24.2) 59.0 51.2 (27.3) 96.3 83.7 112.9 159.2 145.8 112.3 82.0 66.8 86.9 50.5 57.1 41.8 21.9 10.1 4.4 13.7 14.4 6.7
EPS (Diluted) 10.35 7.77 0.77 1.44 2.21 -0.17 6.62 5.30 8.08 -3.14 2.27 -0.47 1.12 0.99 -0.52 1.70 1.47 1.93 2.49 2.30 1.90 1.40 1.15 1.51 0.88 1.14 0.84 0.52 0.25 0.11 0.30 0.36 0.22
Balance Sheet
Cash & Equivalents 0 227.4 148.3 103.0 258.4 215.7 87.2 328.4 181.8 146.8 76.4 125.9 113.0 112.4 131.0 42.7 27.2 24.5 52.2 139.8 37.8 24.5 27.4 56.4
Total Assets 7,386.2 7,139.9 7,026.3 7,857.5 7,125.9 7,211.8 6,657.1 6,313.2 5,474.4 5,008.0 4,310.8 4,014.3 1,662.3 1,529.2 999.4 831.6 695.5 470.2 417.7 318.9 232.9 227.6 188.2 184
Total Debt 2,392.1 2,760.1 3,092.8 3,540.6 3,346.4 3,492.2 3,347.2 3,160.0 2,687.0 2,545.5 1,964.9 1,811.5 495.8 493.6 137.9 125.8 84.1 60.8 70.3 47.4 53.7 59.9 33.3 30.5
Stockholders' Equity 2,746.4 2,408.8 2,113.5 2,347.6 2,267.5 2,139.5 2,175.0 1,964.3 1,754.3 1,350.9 1,352.2 1,275.5 779.1 709.1 638.7 545.8 498.0 312.2 256.3 211.1 124.6 115.8 117.7 122.8
Cash Flow
Operating Cash Flow 940.4 692.5 736.3 480.4 831.8 633.6 721.0 802.5 684.1 506.7 207.5 246.9 157.7 173.7 150.8 86.5 78 48.4 32.1 26.9 30 32.8 14.9
Capital Expenditure (653.4) (328.3) (316.3) (682.6) (681.4) (447.9) (714.7) (1,138.7) (735.4) (1,154.0) (328.3) (215.7) (63.1) (26.3) (199.9) (75.5) (110.9) (29.8) (19.8) (64.7) (39.3) (45.6) (20.9)
Free Cash Flow 287.0 364.2 420.0 (202.2) 150.4 185.6 6.3 (336.2) (51.3) (647.3) (120.7) 31.1 94.7 147.4 (49.1) 11.0 (32.9) 18.6 12.3 (37.8) (9.3) (12.8) (6)