SKYWEST INC (SKYW) Stock Fundamental Analysis

USA • Nasdaq • NASDAQ:SKYW • US8308791024

101.47 USD
+1.06 (+1.06%)
At close: Feb 3, 2026
101.47 USD
0 (0%)
After Hours: 2/3/2026, 8:00:02 PM
Fundamental Rating

5

We assign a fundamental rating of 5 out of 10 to SKYW. SKYW was compared to 22 industry peers in the Passenger Airlines industry. While SKYW has a great profitability rating, there are quite some concerns on its financial health. SKYW has a correct valuation and a medium growth rate.


Dividend Valuation Growth Profitability Health

8

1. Profitability

1.1 Basic Checks

  • SKYW had positive earnings in the past year.
  • In the past 5 years SKYW has always been profitable.
  • Of the past 5 years SKYW 4 years had a positive operating cash flow.
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 2025 0 500M -500M

1.2 Ratios

  • SKYW has a better Return On Assets (5.80%) than 81.82% of its industry peers.
  • SKYW has a Return On Equity of 15.60%. This is in the better half of the industry: SKYW outperforms 77.27% of its industry peers.
  • With a decent Return On Invested Capital value of 8.13%, SKYW is doing good in the industry, outperforming 77.27% of the companies in the same industry.
  • SKYW had an Average Return On Invested Capital over the past 3 years of 5.36%. This is significantly below the industry average of 20.55%.
  • The last Return On Invested Capital (8.13%) for SKYW is above the 3 year average (5.36%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 5.8%
ROE 15.6%
ROIC 8.13%
ROA(3y)3.6%
ROA(5y)2.67%
ROE(3y)10.21%
ROE(5y)7.73%
ROIC(3y)5.36%
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 2025 0 10 -10 20

1.3 Margins

  • SKYW has a Profit Margin of 10.55%. This is amongst the best in the industry. SKYW outperforms 90.91% of its industry peers.
  • In the last couple of years the Profit Margin of SKYW has grown nicely.
  • Looking at the Operating Margin, with a value of 15.22%, SKYW belongs to the top of the industry, outperforming 90.91% of the companies in the same industry.
  • In the last couple of years the Operating Margin of SKYW has grown nicely.
  • SKYW has a Gross Margin of 70.78%. This is amongst the best in the industry. SKYW outperforms 95.45% of its industry peers.
  • SKYW's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 15.22%
PM (TTM) 10.55%
GM 70.78%
OM growth 3Y36.17%
OM growth 5YN/A
PM growth 3Y63.17%
PM growth 5YN/A
GM growth 3Y0.34%
GM growth 5Y3.18%
SKYW Yearly Profit, Operating, Gross MarginsSKYW Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 40 60

3

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so SKYW is destroying value.
  • Compared to 1 year ago, SKYW has less shares outstanding
  • Compared to 5 years ago, SKYW has less shares outstanding
  • 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 2025 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 2025 2B 4B 6B

2.2 Solvency

  • SKYW has a Debt/Equity ratio of 0.67. This is a neutral value indicating SKYW is somewhat dependend on debt financing.
  • SKYW has a better Debt to Equity ratio (0.67) than 81.82% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.67
Debt/FCF N/A
Altman-Z N/A
ROIC/WACC0.91
WACC8.9%
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 2025 0 1B 2B

2.3 Liquidity

  • SKYW has a Current Ratio of 0.65. This is a bad value and indicates that SKYW is not financially healthy enough and could expect problems in meeting its short term obligations.
  • SKYW has a better Current ratio (0.65) than 63.64% of its industry peers.
  • SKYW has a Quick Ratio of 0.65. This is a bad value and indicates that SKYW is not financially healthy enough and could expect problems in meeting its short term obligations.
  • SKYW has a better Quick ratio (0.65) than 63.64% of its industry peers.
Industry RankSector Rank
Current Ratio 0.65
Quick Ratio 0.65
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 2025 500M 1B 1.5B

5

3. Growth

3.1 Past

  • SKYW shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 33.20%, which is quite impressive.
  • Measured over the past years, SKYW shows a very strong growth in Earnings Per Share. The EPS has been growing by 92.54% on average per year.
  • The Revenue has grown by 15.03% in the past year. This is quite good.
  • SKYW shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 13.79% yearly.
EPS 1Y (TTM)33.2%
EPS 3Y92.54%
EPS 5YN/A
EPS Q2Q%-5.56%
Revenue 1Y (TTM)15.03%
Revenue growth 3Y10.54%
Revenue growth 5Y13.79%
Sales Q2Q%8.48%

3.2 Future

  • Based on estimates for the next years, SKYW will show a small growth in Earnings Per Share. The EPS will grow by 7.20% on average per year.
  • SKYW is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.30% yearly.
EPS Next Y11.92%
EPS Next 2Y10.07%
EPS Next 3Y7.2%
EPS Next 5YN/A
Revenue Next Year6.55%
Revenue Next 2Y5.06%
Revenue Next 3Y4.3%
Revenue Next 5YN/A

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
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 2028 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 2028 0 5 10

6

4. Valuation

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 9.80, the valuation of SKYW can be described as very reasonable.
  • 95.45% of the companies in the same industry are more expensive than SKYW, based on the Price/Earnings ratio.
  • The average S&P500 Price/Earnings ratio is at 28.18. SKYW is valued rather cheaply when compared to this.
  • The Price/Forward Earnings ratio is 8.76, which indicates a very decent valuation of SKYW.
  • 86.36% of the companies in the same industry are more expensive than SKYW, based on the Price/Forward Earnings ratio.
  • The average S&P500 Price/Forward Earnings ratio is at 25.51. SKYW is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 9.8
Fwd PE 8.76
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

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
SKYW Per share dataSKYW EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 20 40 60 80 100

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 an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)0.82
PEG (5Y)N/A
EPS Next 2Y10.07%
EPS Next 3Y7.2%

0

5. Dividend

5.1 Amount

  • No dividends for SKYW!.
Industry RankSector Rank
Dividend Yield 0%

SKYWEST INC

NASDAQ:SKYW (2/3/2026, 8:00:02 PM)

After market: 101.47 0 (0%)

101.47

+1.06 (+1.06%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryPassenger Airlines
Earnings (Last)01-29
Earnings (Next)04-22
Inst Owners94.19%
Inst Owner Change-1.32%
Ins Owners0.84%
Ins Owner Change-3.24%
Market Cap4.07B
Revenue(TTM)4.06B
Net Income(TTM)428.33M
Analysts81.67
Price Target130.9 (29%)
Short Float %3.05%
Short Ratio4.27
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)5.88%
Min EPS beat(2)1.38%
Max EPS beat(2)10.37%
EPS beat(4)4
Avg EPS beat(4)11.92%
Min EPS beat(4)1.38%
Max EPS beat(4)19.75%
EPS beat(8)8
Avg EPS beat(8)13.08%
EPS beat(12)12
Avg EPS beat(12)42.11%
EPS beat(16)15
Avg EPS beat(16)174.11%
Revenue beat(2)1
Avg Revenue beat(2)0.82%
Min Revenue beat(2)-0.09%
Max Revenue beat(2)1.74%
Revenue beat(4)2
Avg Revenue beat(4)0.9%
Min Revenue beat(4)-1.48%
Max Revenue beat(4)3.42%
Revenue beat(8)5
Avg Revenue beat(8)0.83%
Revenue beat(12)6
Avg Revenue beat(12)0.31%
Revenue beat(16)8
Avg Revenue beat(16)0.33%
PT rev (1m)0%
PT rev (3m)0.46%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)-0.31%
EPS NY rev (3m)1.93%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.15%
Valuation
Industry RankSector Rank
PE 9.8
Fwd PE 8.76
P/S 1
P/FCF N/A
P/OCF N/A
P/B 1.48
P/tB 1.48
EV/EBITDA N/A
EPS(TTM)10.35
EY10.2%
EPS(NY)11.58
Fwd EY11.42%
FCF(TTM)N/A
FCFYN/A
OCF(TTM)N/A
OCFYN/A
SpS101.2
BVpS68.49
TBVpS68.49
PEG (NY)0.82
PEG (5Y)N/A
Graham Number126.29
Profitability
Industry RankSector Rank
ROA 5.8%
ROE 15.6%
ROCE 10.8%
ROIC 8.13%
ROICexc 9.27%
ROICexgc 9.27%
OM 15.22%
PM (TTM) 10.55%
GM 70.78%
FCFM N/A
ROA(3y)3.6%
ROA(5y)2.67%
ROE(3y)10.21%
ROE(5y)7.73%
ROIC(3y)5.36%
ROIC(5y)N/A
ROICexc(3y)6.61%
ROICexc(5y)N/A
ROICexgc(3y)6.61%
ROICexgc(5y)N/A
ROCE(3y)7.13%
ROCE(5y)N/A
ROICexgc growth 3Y52.32%
ROICexgc growth 5YN/A
ROICexc growth 3Y52.32%
ROICexc growth 5YN/A
OM growth 3Y36.17%
OM growth 5YN/A
PM growth 3Y63.17%
PM growth 5YN/A
GM growth 3Y0.34%
GM growth 5Y3.18%
F-ScoreN/A
Asset Turnover0.55
Health
Industry RankSector Rank
Debt/Equity 0.67
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr N/A
Cap/Sales N/A
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 0.65
Quick Ratio 0.65
Altman-Z N/A
F-ScoreN/A
WACC8.9%
ROIC/WACC0.91
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)33.2%
EPS 3Y92.54%
EPS 5YN/A
EPS Q2Q%-5.56%
EPS Next Y11.92%
EPS Next 2Y10.07%
EPS Next 3Y7.2%
EPS Next 5YN/A
Revenue 1Y (TTM)15.03%
Revenue growth 3Y10.54%
Revenue growth 5Y13.79%
Sales Q2Q%8.48%
Revenue Next Year6.55%
Revenue Next 2Y5.06%
Revenue Next 3Y4.3%
Revenue Next 5YN/A
EBIT growth 1Y24.9%
EBIT growth 3Y50.51%
EBIT growth 5YN/A
EBIT Next Year68.23%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1YN/A
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1YN/A
OCF growth 3YN/A
OCF growth 5YN/A

SKYWEST INC / SKYW FAQ

What is the fundamental rating for SKYW stock?

ChartMill assigns a fundamental rating of 5 / 10 to SKYW.


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

ChartMill assigns a valuation rating of 6 / 10 to SKYWEST INC (SKYW). This can be considered as Fairly Valued.


Can you provide the profitability details for SKYWEST INC?

SKYWEST INC (SKYW) has a profitability rating of 8 / 10.


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

The Price/Earnings (PE) ratio for SKYWEST INC (SKYW) is 9.8 and the Price/Book (PB) ratio is 1.48.


Is the dividend of SKYWEST INC sustainable?

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