SKYW
SkyWest Inc
NASDAQ: SKYW · INDUSTRIALS · AIRLINES
$80.50
-2.85% today
Updated 2026-04-29
Market cap
$3.19B
P/E ratio
7.72
P/S ratio
0.77x
EPS (TTM)
$10.43
Dividend yield
—
52W range
$80 – $124
Volume
0.4M
SkyWest Inc (SKYW) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.11B | $3.37B | $3.50B | $2.61B | $2.77B | $3.65B | $3.53B | $3.30B | $3.24B | $3.10B | $3.12B | $3.12B | $3.22B | $2.97B | $2.13B | $2.71B | $3.00B | $2.94B | $3.53B | $4.06B |
| Revenue growth (YoY) | — | +8.3% | +3.6% | -25.2% | +5.8% | +32.2% | -3.3% | -6.7% | -1.8% | -4.4% | +0.8% | +0.0% | +3.2% | -7.8% | -28.4% | +27.6% | +10.7% | -2.3% | +20.2% | +15.0% |
| Cost of revenue | $2.44B | $2.67B | $2.14B | $1.34B | $1.07B | $3.37B | $3.14B | $2.91B | $2.87B | $2.55B | $2.52B | $2.48B | $2.47B | $2.19B | $2.14B | $2.52B | $2.51B | $2.56B | $2.74B | $1.56B |
| Gross profit | $675.05M | $702.30M | $1.36B | $1.27B | $1.70B | $287.07M | $395.83M | $392.35M | $363.36M | $548.37M | $598.01M | $638.98M | $747.11M | $777.86M | $-13.89M | $193.72M | $499.31M | $372.19M | $788.96M | $2.50B |
| Gross margin | 21.7% | 20.8% | 38.9% | 48.7% | 61.4% | 7.9% | 11.2% | 11.9% | 11.2% | 17.7% | 19.2% | 20.5% | 23.2% | 26.2% | -0.7% | 7.1% | 16.6% | 12.7% | 22.4% | 61.6% |
| R&D | — | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | $146.01M | $148.83M | $724.09M | $698.33M | $1.25B | $1.50B | $1.40B | $1.45B | $1.52B | $1.46B | $1.47B | $1.50B | $1.20B | $1.00B | — | $1.24B | $1.53B | — | — | — |
| Operating income | $339.16M | $344.52M | $255.23M | $212.19M | $201.83M | $41.10M | $165.99M | $153.11M | $24.85M | $234.51M | $-172.68M | $388.20M | $474.28M | $512.26M | $108.80M | $275.87M | $181.16M | $104.07M | $494.66M | $617.85M |
| Operating margin | 10.9% | 10.2% | 7.3% | 8.1% | 7.3% | 1.1% | 4.7% | 4.6% | 0.8% | 7.6% | -5.5% | 12.4% | 14.7% | 17.2% | 5.1% | 10.2% | 6.0% | 3.5% | 14.0% | 15.2% |
| EBITDA | $555.57M | $553.47M | $502.44M | $439.61M | $468.92M | $284.39M | $415.23M | $398.12M | $359.27M | $499.02M | $114.33M | $680.97M | $808.87M | $942.16M | $590.80M | $713.93M | $614.22M | $554.35M | $930.36M | $1.03B |
| EBITDA margin | 17.8% | 16.4% | 14.4% | 16.8% | 17.0% | 7.8% | 11.7% | 12.1% | 11.1% | 16.1% | 3.7% | 21.8% | 25.1% | 31.7% | 27.8% | 26.3% | 20.4% | 18.9% | 26.4% | 25.5% |
| EBIT | $339.16M | $344.52M | $282.25M | $218.06M | $232.42M | $30.21M | $163.28M | $153.11M | $99.63M | $234.51M | $-170.63M | $388.20M | $474.28M | $574.06M | $115.85M | $273.73M | $219.67M | $171.24M | $546.48M | $670.04M |
| Interest expense | $100.22M | $93.74M | $106.06M | $86.33M | $86.52M | $80.38M | $77.38M | $68.66M | $66.00M | $75.85M | $78.18M | $104.92M | $120.41M | $127.75M | $123.17M | $123.12M | $127.08M | $130.93M | $114.34M | $104.44M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 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% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $145.81M | $159.19M | $112.93M | $83.66M | $96.35M | $-27.34M | $51.16M | $58.96M | $-24.15M | $117.82M | $-161.59M | $428.91M | $280.37M | $340.10M | $-8.52M | $111.91M | $72.95M | $34.34M | $322.96M | $428.33M |
| Net income growth (YoY) | — | +9.2% | -29.1% | -25.9% | +15.2% | -128.4% | +287.1% | +15.2% | -141.0% | +587.8% | -237.1% | +365.4% | -34.6% | +21.3% | -102.5% | +1414.3% | -34.8% | -52.9% | +840.4% | +32.6% |
| Profit margin | 4.7% | 4.7% | 3.2% | 3.2% | 3.5% | -0.7% | 1.4% | 1.8% | -0.7% | 3.8% | -5.2% | 13.7% | 8.7% | 11.4% | -0.4% | 4.1% | 2.4% | 1.2% | 9.2% | 10.6% |