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, 4:10:08 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. SKYW scores excellent on profitability, but there are concerns on its financial health. SKYW is not valued too expensively and it also shows a decent growth rate.


Dividend Valuation Growth Profitability Health

8

1. Profitability

1.1 Basic Checks

  • In the past year SKYW was profitable.
  • Each year in the past 5 years SKYW has 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

  • The Return On Assets of SKYW (5.80%) is better than 81.82% of its industry peers.
  • The Return On Equity of SKYW (15.60%) is better than 77.27% of its industry peers.
  • SKYW has a better Return On Invested Capital (8.13%) than 77.27% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for SKYW is significantly below the industry average of 20.51%.
  • The 3 year average ROIC (5.36%) for SKYW is below the current ROIC(8.13%), indicating increased profibility in the last year.
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

  • Looking at the Profit Margin, with a value of 10.55%, 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 Profit Margin of SKYW has grown nicely.
  • SKYW has a Operating Margin of 15.22%. This is amongst the best in the industry. SKYW outperforms 90.91% of its industry peers.
  • In the last couple of years the Operating Margin of SKYW has grown nicely.
  • The Gross Margin of SKYW (70.78%) is better than 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
  • SKYW has less shares outstanding than it did 5 years ago.
  • The debt/assets ratio for SKYW has been reduced compared to a year ago.
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

  • A Debt/Equity ratio of 0.67 indicates that SKYW is somewhat dependend on debt financing.
  • Looking at the Debt to Equity ratio, with a value of 0.67, SKYW belongs to the top of the industry, outperforming 81.82% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.67
Debt/FCF N/A
Altman-Z N/A
ROIC/WACC0.92
WACC8.84%
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.
  • Looking at the Current ratio, with a value of 0.65, SKYW is in the better half of the industry, outperforming 63.64% of the companies in the same industry.
  • A Quick Ratio of 0.65 indicates that SKYW may have some problems paying its short term obligations.
  • Looking at the Quick ratio, with a value of 0.65, SKYW is in the better half of the industry, outperforming 63.64% of the companies in the same industry.
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

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 33.20%, which is quite impressive.
  • The Earnings Per Share has been growing by 92.54% on average over the past years. This is a very strong growth
  • Looking at the last year, SKYW shows a quite strong growth in Revenue. The Revenue has grown by 15.03% in the last year.
  • 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

  • SKYW is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 9.03% yearly.
  • SKYW is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.98% yearly.
EPS Next Y9.55%
EPS Next 2Y9.03%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year4.29%
Revenue Next 2Y3.98%
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

  • The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
  • 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 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

6

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 9.80, which indicates a very decent valuation of SKYW.
  • Based on the Price/Earnings ratio, SKYW is valued cheaper than 95.45% of the companies in the same industry.
  • Compared to an average S&P500 Price/Earnings ratio of 28.41, SKYW is valued rather cheaply.
  • The Price/Forward Earnings ratio is 8.95, which indicates a very decent valuation of SKYW.
  • 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.
  • When comparing the Price/Forward Earnings ratio of SKYW to the average of the S&P500 Index (25.64), we can say SKYW is valued rather cheaply.
Industry RankSector Rank
PE 9.8
Fwd PE 8.95
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

  • The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
  • SKYW has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)1.03
PEG (5Y)N/A
EPS Next 2Y9.03%
EPS Next 3YN/A

0

5. Dividend

5.1 Amount

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

SKYWEST INC

NASDAQ:SKYW (2/3/2026, 4:10:08 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 Target132.6 (30.68%)
Short Float %N/A
Short RatioN/A
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 8.95
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)11.34
Fwd EY11.17%
FCF(TTM)N/A
FCFYN/A
OCF(TTM)N/A
OCFYN/A
SpS101.2
BVpS68.49
TBVpS68.49
PEG (NY)1.03
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
WACC8.84%
ROIC/WACC0.92
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 Y9.55%
EPS Next 2Y9.03%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)15.03%
Revenue growth 3Y10.54%
Revenue growth 5Y13.79%
Sales Q2Q%8.48%
Revenue Next Year4.29%
Revenue Next 2Y3.98%
Revenue Next 3YN/A
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%.