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SKYWEST INC (SKYW) Stock Fundamental Analysis

USA - Nasdaq - NASDAQ:SKYW - US8308791024 - Common Stock

99.71 USD
-0.4 (-0.4%)
Last: 1/16/2026, 8:00:02 PM
99.71 USD
0 (0%)
After Hours: 1/16/2026, 8:00:02 PM
Fundamental Rating

6

Overall SKYW gets a fundamental rating of 6 out of 10. We evaluated SKYW against 22 industry peers in the Passenger Airlines industry. SKYW scores excellent on profitability, but there are some minor concerns on its financial health. SKYW is valued quite cheap, while showing a decent growth score. This is a good combination!


Dividend Valuation Growth Profitability Health

7

1. Profitability

1.1 Basic Checks

  • In the past year SKYW was profitable.
  • In the past year SKYW had a positive cash flow from operations.
  • Of the past 5 years SKYW 4 years were profitable.
  • In the past 5 years SKYW always reported a positive cash flow from operatings.
SKYW Yearly Net Income VS EBIT VS OCF VS FCFSKYW Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M -500M

1.2 Ratios

  • SKYW's Return On Assets of 5.69% is amongst the best of the industry. SKYW outperforms 81.82% of its industry peers.
  • SKYW has a better Return On Equity (15.80%) than 77.27% of its industry peers.
  • SKYW's Return On Invested Capital of 8.18% is fine compared to the rest of the industry. SKYW outperforms 77.27% of its industry peers.
  • SKYW had an Average Return On Invested Capital over the past 3 years of 3.59%. This is significantly below the industry average of 20.60%.
  • The 3 year average ROIC (3.59%) for SKYW is below the current ROIC(8.18%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 5.69%
ROE 15.8%
ROIC 8.18%
ROA(3y)2%
ROA(5y)1.49%
ROE(3y)6.05%
ROE(5y)4.54%
ROIC(3y)3.59%
ROIC(5y)N/A
SKYW Yearly ROA, ROE, ROICSKYW Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 -10 20

1.3 Margins

  • SKYW has a better Profit Margin (10.62%) than 90.91% of its industry peers.
  • In the last couple of years the Profit Margin of SKYW has declined.
  • SKYW has a Operating Margin of 15.23%. This is amongst the best in the industry. SKYW outperforms 95.45% of its industry peers.
  • In the last couple of years the Operating Margin of SKYW has declined.
  • SKYW's Gross Margin of 73.08% is amongst the best of the industry. SKYW outperforms 95.45% of its industry peers.
  • SKYW's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 15.23%
PM (TTM) 10.62%
GM 73.08%
OM growth 3YN/A
OM growth 5Y-4.69%
PM growth 3Y30.45%
PM growth 5Y-4.37%
GM growth 3Y7.76%
GM growth 5Y0.68%
SKYW Yearly Profit, Operating, Gross MarginsSKYW Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 40 60

4

2. Health

2.1 Basic Checks

  • SKYW has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
  • The number of shares outstanding for SKYW has been increased compared to 1 year ago.
  • SKYW has less shares outstanding than it did 5 years ago.
  • Compared to 1 year ago, SKYW has an improved debt to assets ratio.
SKYW Yearly Shares OutstandingSKYW Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M 40M 50M
SKYW Yearly Total Debt VS Total AssetsSKYW Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B

2.2 Solvency

  • SKYW has an Altman-Z score of 1.81. This is not the best score and indicates that SKYW is in the grey zone with still only limited risk for bankruptcy at the moment.
  • SKYW's Altman-Z score of 1.81 is fine compared to the rest of the industry. SKYW outperforms 77.27% of its industry peers.
  • SKYW has a debt to FCF ratio of 9.85. This is a negative value and a sign of low solvency as SKYW would need 9.85 years to pay back of all of its debts.
  • SKYW has a better Debt to FCF ratio (9.85) than 68.18% of its industry peers.
  • SKYW has a Debt/Equity ratio of 0.78. This is a neutral value indicating SKYW is somewhat dependend on debt financing.
  • With a decent Debt to Equity ratio value of 0.78, SKYW is doing good in the industry, outperforming 68.18% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.78
Debt/FCF 9.85
Altman-Z 1.81
ROIC/WACC0.92
WACC8.88%
SKYW Yearly LT Debt VS Equity VS FCFSKYW Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1B 2B

2.3 Liquidity

  • SKYW has a Current Ratio of 0.73. This is a bad value and indicates that SKYW is not financially healthy enough and could expect problems in meeting its short term obligations.
  • The Current ratio of SKYW (0.73) is better than 72.73% of its industry peers.
  • A Quick Ratio of 0.63 indicates that SKYW may have some problems paying its short term obligations.
  • SKYW has a Quick ratio of 0.63. This is in the better half of the industry: SKYW outperforms 63.64% of its industry peers.
Industry RankSector Rank
Current Ratio 0.73
Quick Ratio 0.63
SKYW Yearly Current Assets VS Current LiabilitesSKYW Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B

6

3. Growth

3.1 Past

  • SKYW shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 79.15%, which is quite impressive.
  • Measured over the past 5 years, SKYW shows a small growth in Earnings Per Share. The EPS has been growing by 4.42% on average per year.
  • The Revenue has grown by 19.27% in the past year. This is quite good.
  • Measured over the past years, SKYW shows a small growth in Revenue. The Revenue has been growing by 3.49% on average per year.
EPS 1Y (TTM)79.15%
EPS 3Y30.83%
EPS 5Y4.42%
EPS Q2Q%30.09%
Revenue 1Y (TTM)19.27%
Revenue growth 3Y9.14%
Revenue growth 5Y3.49%
Sales Q2Q%15.04%

3.2 Future

  • SKYW is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 16.29% yearly.
  • Based on estimates for the next years, SKYW will show a small growth in Revenue. The Revenue will grow by 7.54% on average per year.
EPS Next Y34.56%
EPS Next 2Y20.75%
EPS Next 3Y16.29%
EPS Next 5YN/A
Revenue Next Year15.05%
Revenue Next 2Y9.53%
Revenue Next 3Y7.54%
Revenue Next 5YN/A

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
SKYW Yearly Revenue VS EstimatesSKYW Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 1B 2B 3B 4B
SKYW Yearly EPS VS EstimatesSKYW Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 5 10

8

4. Valuation

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 9.51, the valuation of SKYW can be described as very reasonable.
  • SKYW's Price/Earnings ratio is rather cheap when compared to the industry. SKYW is cheaper than 95.45% of the companies in the same industry.
  • The average S&P500 Price/Earnings ratio is at 27.38. SKYW is valued rather cheaply when compared to this.
  • Based on the Price/Forward Earnings ratio of 8.80, the valuation of SKYW can be described as reasonable.
  • Based on the Price/Forward Earnings ratio, SKYW is valued cheaper than 86.36% of the companies in the same industry.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 24.29, SKYW is valued rather cheaply.
Industry RankSector Rank
PE 9.51
Fwd PE 8.8
SKYW Price Earnings VS Forward Price EarningsSKYW Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of SKYW indicates a somewhat cheap valuation: SKYW is cheaper than 72.73% of the companies listed in the same industry.
  • SKYW's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. SKYW is cheaper than 63.64% of the companies in the same industry.
Industry RankSector Rank
P/FCF 15.78
EV/EBITDA 5.25
SKYW Per share dataSKYW EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 20 40 60 80

4.3 Compensation for Growth

  • SKYW's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • SKYW has a very decent profitability rating, which may justify a higher PE ratio.
  • A more expensive valuation may be justified as SKYW's earnings are expected to grow with 16.29% in the coming years.
PEG (NY)0.28
PEG (5Y)2.15
EPS Next 2Y20.75%
EPS Next 3Y16.29%

0

5. Dividend

5.1 Amount

  • SKYW does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

SKYWEST INC

NASDAQ:SKYW (1/16/2026, 8:00:02 PM)

After market: 99.71 0 (0%)

99.71

-0.4 (-0.4%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryPassenger Airlines
Earnings (Last)10-30
Earnings (Next)01-29
Inst Owners94.19%
Inst Owner Change0.02%
Ins Owners0.84%
Ins Owner Change-7.33%
Market Cap4.00B
Revenue(TTM)3.98B
Net Income(TTM)407.91M
Analysts81.67
Price Target132.6 (32.99%)
Short Float %3.15%
Short Ratio4.46
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)17.97%
Min EPS beat(2)16.19%
Max EPS beat(2)19.75%
EPS beat(4)4
Avg EPS beat(4)18.53%
Min EPS beat(4)10.29%
Max EPS beat(4)27.88%
EPS beat(8)8
Avg EPS beat(8)36.93%
EPS beat(12)11
Avg EPS beat(12)-57.69%
EPS beat(16)15
Avg EPS beat(16)226.14%
Revenue beat(2)1
Avg Revenue beat(2)0.97%
Min Revenue beat(2)-1.48%
Max Revenue beat(2)3.42%
Revenue beat(4)3
Avg Revenue beat(4)0.93%
Min Revenue beat(4)-1.48%
Max Revenue beat(4)3.42%
Revenue beat(8)4
Avg Revenue beat(8)0.19%
Revenue beat(12)5
Avg Revenue beat(12)-0.68%
Revenue beat(16)9
Avg Revenue beat(16)0.92%
PT rev (1m)0%
PT rev (3m)-1.37%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)-1.18%
EPS NY rev (3m)2.25%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)-0.41%
Revenue NY rev (3m)0.15%
Valuation
Industry RankSector Rank
PE 9.51
Fwd PE 8.8
P/S 1.04
P/FCF 15.78
P/OCF 5.01
P/B 1.55
P/tB 1.55
EV/EBITDA 5.25
EPS(TTM)10.48
EY10.51%
EPS(NY)11.33
Fwd EY11.36%
FCF(TTM)6.32
FCFY6.34%
OCF(TTM)19.89
OCFY19.95%
SpS95.78
BVpS64.4
TBVpS64.4
PEG (NY)0.28
PEG (5Y)2.15
Graham Number123.23
Profitability
Industry RankSector Rank
ROA 5.69%
ROE 15.8%
ROCE 10.23%
ROIC 8.18%
ROICexc 9.38%
ROICexgc 9.38%
OM 15.23%
PM (TTM) 10.62%
GM 73.08%
FCFM 6.6%
ROA(3y)2%
ROA(5y)1.49%
ROE(3y)6.05%
ROE(5y)4.54%
ROIC(3y)3.59%
ROIC(5y)N/A
ROICexc(3y)4.66%
ROICexc(5y)N/A
ROICexgc(3y)4.66%
ROICexgc(5y)N/A
ROCE(3y)4.49%
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5Y2.35%
ROICexc growth 3YN/A
ROICexc growth 5Y2.35%
OM growth 3YN/A
OM growth 5Y-4.69%
PM growth 3Y30.45%
PM growth 5Y-4.37%
GM growth 3Y7.76%
GM growth 5Y0.68%
F-Score8
Asset Turnover0.54
Health
Industry RankSector Rank
Debt/Equity 0.78
Debt/FCF 9.85
Debt/EBITDA 2.07
Cap/Depr 141.75%
Cap/Sales 14.17%
Interest Coverage 5.41
Cash Conversion 82.32%
Profit Quality 62.13%
Current Ratio 0.73
Quick Ratio 0.63
Altman-Z 1.81
F-Score8
WACC8.88%
ROIC/WACC0.92
Cap/Depr(3y)113.69%
Cap/Depr(5y)118.03%
Cap/Sales(3y)14.27%
Cap/Sales(5y)17.79%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)79.15%
EPS 3Y30.83%
EPS 5Y4.42%
EPS Q2Q%30.09%
EPS Next Y34.56%
EPS Next 2Y20.75%
EPS Next 3Y16.29%
EPS Next 5YN/A
Revenue 1Y (TTM)19.27%
Revenue growth 3Y9.14%
Revenue growth 5Y3.49%
Sales Q2Q%15.04%
Revenue Next Year15.05%
Revenue Next 2Y9.53%
Revenue Next 3Y7.54%
Revenue Next 5YN/A
EBIT growth 1Y97.6%
EBIT growth 3YN/A
EBIT growth 5Y-1.36%
EBIT Next Year111.52%
EBIT Next 3Y33.25%
EBIT Next 5YN/A
FCF growth 1Y96%
FCF growth 3Y34.28%
FCF growth 5Y125.11%
OCF growth 1Y33.35%
OCF growth 3Y-5.93%
OCF growth 5Y-0.8%

SKYWEST INC / SKYW FAQ

What is the fundamental rating for SKYW stock?

ChartMill assigns a fundamental rating of 6 / 10 to SKYW.


What is the valuation status of SKYWEST INC (SKYW) stock?

ChartMill assigns a valuation rating of 8 / 10 to SKYWEST INC (SKYW). This can be considered as Undervalued.


Can you provide the profitability details for SKYWEST INC?

SKYWEST INC (SKYW) has a profitability rating of 7 / 10.


Can you provide the PE and PB ratios for SKYW stock?

The Price/Earnings (PE) ratio for SKYWEST INC (SKYW) is 9.51 and the Price/Book (PB) ratio is 1.55.


Is the dividend of SKYWEST INC sustainable?

The dividend rating of SKYWEST INC (SKYW) is 0 / 10 and the dividend payout ratio is 0%.