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SKYWEST INC (SKYW) Stock Fundamental Analysis

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

97.98 USD
-1.73 (-1.74%)
Last: 1/20/2026, 10:02:05 AM
Fundamental Rating

6

Taking everything into account, SKYW scores 6 out of 10 in our fundamental rating. SKYW was compared to 22 industry peers in the Passenger Airlines industry. While SKYW has a great profitability rating, 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

  • SKYW had positive earnings in the past year.
  • In the past year SKYW had a positive cash flow from operations.
  • SKYW had positive earnings in 4 of the past 5 years.
  • SKYW had a positive operating cash flow in each of the past 5 years.
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

  • Looking at the Return On Assets, with a value of 5.69%, SKYW belongs to the top of the industry, outperforming 81.82% of the companies in the same industry.
  • SKYW's Return On Equity of 15.80% is fine compared to the rest of the industry. SKYW outperforms 77.27% of its industry peers.
  • With a decent Return On Invested Capital value of 8.18%, SKYW is doing good in the industry, outperforming 77.27% of the companies in the same industry.
  • Measured over the past 3 years, the Average Return On Invested Capital for SKYW is significantly below the industry average of 20.60%.
  • The last Return On Invested Capital (8.18%) for SKYW is above the 3 year average (3.59%), which is a sign of increasing profitability.
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

  • The Profit Margin of SKYW (10.62%) is better than 90.91% of its industry peers.
  • SKYW's Profit Margin has declined in the last couple of years.
  • 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 has a Gross Margin of 73.08%. This is amongst the best in 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.
  • SKYW has a better debt/assets ratio than last year.
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.
  • Looking at the Altman-Z score, with a value of 1.81, SKYW is in the better half of the industry, outperforming 77.27% of the companies in the same industry.
  • 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.
  • A Debt/Equity ratio of 0.78 indicates that SKYW is somewhat dependend on debt financing.
  • SKYW has a Debt to Equity ratio of 0.78. This is in the better half of the industry: SKYW outperforms 68.18% of its industry peers.
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

  • A Current Ratio of 0.73 indicates that SKYW may have some problems paying its short term obligations.
  • SKYW has a better Current ratio (0.73) 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.
  • The Quick ratio of SKYW (0.63) is better than 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.
  • The Earnings Per Share has been growing slightly by 4.42% on average over the past years.
  • SKYW shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 19.27%.
  • 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

  • The Earnings Per Share is expected to grow by 16.29% on average over the next years. This is quite good.
  • The Revenue is expected to grow by 7.54% on average over the next years.
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

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
  • 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

  • SKYW is valuated reasonably with a Price/Earnings ratio of 9.35.
  • Compared to the rest of the industry, the Price/Earnings ratio of SKYW indicates a rather cheap valuation: SKYW is cheaper than 95.45% of the companies listed in the same industry.
  • The average S&P500 Price/Earnings ratio is at 27.38. SKYW is valued rather cheaply when compared to this.
  • SKYW is valuated reasonably with a Price/Forward Earnings ratio of 8.65.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of SKYW indicates a rather cheap valuation: SKYW is cheaper than 86.36% of the companies listed in the same industry.
  • SKYW's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 24.29.
Industry RankSector Rank
PE 9.35
Fwd PE 8.65
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

  • Based on the Enterprise Value to EBITDA ratio, SKYW is valued a bit cheaper than 72.73% of the companies 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 15.5
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.
  • SKYW's earnings are expected to grow with 16.29% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.27
PEG (5Y)2.12
EPS Next 2Y20.75%
EPS Next 3Y16.29%

0

5. Dividend

5.1 Amount

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

SKYWEST INC

NASDAQ:SKYW (1/20/2026, 10:02:05 AM)

97.98

-1.73 (-1.74%)

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 Cap3.93B
Revenue(TTM)3.98B
Net Income(TTM)407.91M
Analysts81.67
Price Target132.6 (35.33%)
Short Float %3.16%
Short Ratio4.64
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 9.35
Fwd PE 8.65
P/S 1.02
P/FCF 15.5
P/OCF 4.93
P/B 1.52
P/tB 1.52
EV/EBITDA 5.25
EPS(TTM)10.48
EY10.7%
EPS(NY)11.33
Fwd EY11.56%
FCF(TTM)6.32
FCFY6.45%
OCF(TTM)19.89
OCFY20.3%
SpS95.78
BVpS64.4
TBVpS64.4
PEG (NY)0.27
PEG (5Y)2.12
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 9.35 and the Price/Book (PB) ratio is 1.52.


Is the dividend of SKYWEST INC sustainable?

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