Price as of close on Nov 3, 2026 · Financials updated Sep 30, 2026
Basics
Sector
Industrials
Industry
Airlines
Country
United States
Market cap
3.0B USD
Enterprise value
5.2B USD
Full-time employees
13,818
Overall health
Strength:its shares are priced lower than most peers relative to what it earnspriced lower than peers for its earnings
Drawback:higher risk than most peers: its share price swings more than most peers’ (beta 1.42 vs a peer median of 0.64), less short-term liquidity (current ratio 0.57 vs a peer median of 1.62) and more debt relative to equity (0.83× vs a peer median of 0.40×)higher risk: bigger price swings (beta 1.42 vs peers 0.64), less liquidity (current ratio 0.57 vs peers 1.62) and more debt vs equity (0.83× vs peers 0.40×)
Ranks #622 of 2,308 industrials companies (top 27%)
Operating margin at a 6-year high.15% in 2025, the best of the last 6 years.
SkyWest kept 15% of revenue as operating profit in 2025, its highest in the 6 years of filings we have.
Profits growing faster than sales. Since 2022: revenue +35%, operating profit +241%.
Since 2022, SkyWest's revenue grew 35% while operating profit grew 241%: each extra dollar of sales is adding more profit.
Cash flow well above reported profit. Free cash flow is 2.2× reported profit.
Free cash flow is 2.2× reported profit. Large non-cash charges, such as depreciation, amortization or stock-based pay, reduce reported profit without using cash.
More volatile share price. Beta 1.42: tends to move more than the market.
SkyWest's shares have swung more with the market than most peers' (beta 1.42, above the market's 1.0).
StockQuotient Score
62/ 100▲ 1 since Oct 27 closeOct 5 61 → Nov 4 62 (+1)
Valuation also moves with the share price every day.
Why it changed since the Oct 27, 2026 close: Score 97 → 100
Share price -18.8%+3
Each step re-scores the company against its peers as they were on Oct 28, 2026; the parts add up to the change. Price effects on EBITDA yield are approximate.
Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.
Questions investors ask about SkyWest
Is SkyWest getting weaker?
Its latest SEC filing (Jul 24, 2026) got stronger: share count down 2.1%. Its overall score is 62/100, up 1 since Oct 28, 2026.
How is SkyWest valued vs its peers?
Priced lower than most peers relative to what it earns. Valuation scores 100/100 against 2,459 industrials peers.Earnings yield 13.6% vs a peer median of 3.8% (stronger than 95% of peers).Earnings yield 13.6% vs peers 3.8% (stronger than 95% of peers).
Is SkyWest growing?
Yes, faster than most of its peers. Growth scores 68/100 against 2,459 industrials peers.3-year revenue growth 13.2% vs a peer median of 4.2% (stronger than 80% of peers).3-year revenue growth 13.2% vs peers 4.2% (stronger than 80% of peers).
How profitable is SkyWest?
More profitable than most of its peers. Profitability scores 69/100 against 2,459 industrials peers.Operating margin 14.0% vs a peer median of 7.7% (stronger than 76% of peers).Operating margin 14.0% vs peers 7.7% (stronger than 76% of peers).
How risky is SkyWest?
Higher risk relative to 2,459 industrials peers, judged on debt, liquidity and share-price swings.Current ratio 0.57× vs a peer median of 1.62× (weaker than 100% of peers).Current ratio 0.57× vs peers 1.62× (weaker than 100% of peers). A relative measure, not a bankruptcy probability.
Latest filing: what changed
Quarter ended Jun 30, 2026 · filed Jul 24, 2026 · compared with the quarter ended Mar 31, 2026
Got stronger
Share count down 2.1%
Previous quarter
Latest quarter
Change
Revenue (12 months)
4.1B USD
4.2B USD
+1.6%
Net income (12 months)
429.5M USD
409.9M USD
−4.6%
Operating margin
14.6%
14.0%
−0.6 pts
Free cash flow (12 months)
876.2M USD
908.5M USD
+3.7%
Debt
2.4B USD
2.3B USD
−4.1%
Cash
65.8M USD
81.4M USD
+23.6%
Shares outstanding
39.7M
38.8M
−2.1%
From the company’s own SEC filings, as filed. Twelve-month figures roll forward one quarter at a time.
Industry valuation context
Sector: Industrials · 318 companies
Valuations in Industrials are near the top of their range since 2016.
85% of months since 2016 were valued lower than now.
41% of companies are in the most expensive fifth of their own price-to-sales history.
Over 24 months, company values +20% and earnings +14% (medians): prices and earnings moved broadly together.
Median price-to-sales is −24% vs the whole market, against a usual −31%.
2016Shaded: most expensive fifth of its range2026
SkyWest looks cheaper than most of its peers on our valuation measures, while the Industrials sector as a whole is valued high by its own standards since 2016. Both can be true at once.
Shown for Industrials: too few Airlines companies have a long enough history of their own.
Describes valuations since 2016; it does not predict prices. US companies worth $1B+, from SEC filings and month-end prices, as of Aug 2026. Today's companies and industry labels are used throughout. Measured on earnings, EBITDA, sales and free cash flow yields. How this works
Financials
Fiscal years from SEC annual filings · change vs the prior year
Key ratios
FY 2021
FY 2022
FY 2023
FY 2024
FY 2025
Change
Gross margin
—
—
—
—
—
—
Operating margin
10.2%
6.0%
3.5%
14.0%
15.2%
▲ 1.2 pts
Net margin
4.1%
2.4%
1.2%
9.2%
10.6%
▲ 1.4 pts
Return on assets (ROA)
1.6%
1.0%
0.5%
4.5%
5.8%
▲ 1.3 pts
Return on equity (ROE)
4.9%
3.1%
1.6%
13.4%
15.6%
▲ 2.2 pts
Free cash flow margin
30.0%
15.6%
24.6%
18.4%
22.4%
▲ 4.0 pts
Current ratio
0.89×
1.17×
0.90×
0.78×
0.65×
▼ 16%
Debt to equity
1.37×
1.44×
1.42×
1.11×
0.87×
▼ 21%
Interest coverage
2.24×
1.43×
0.79×
4.33×
5.92×
▲ 37%
SKYW price history
Price history is added with the daily price update and will appear after the next one.