SKYW - SkyWest Inc Stock Price, Fair Value and News

76.27USD-0.50 (-0.65%)Market Closed

Market Summary

USD76.27-0.50

Market Closed

-0.65%

SKYW Alerts

2 major insider sales recently.

Big jump in Earnings (Y/Y)

SKYW Stock Price

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SKYW RSI Chart

SKYW Valuation

Market Cap

3.1B

Price/Earnings (Trailing)

26.31

Price/Sales (Trailing)

1.01

EV/EBITDA

8.02

Price/Free Cashflow

4.17

SKYW Price/Sales (Trailing)

SKYW Profitability

EBT Margin

4.81%

Return on Equity

5.39%

Return on Assets

1.67%

Free Cashflow Yield

23.99%

SKYW Fundamentals

SKYW Revenue

Revenue (TTM)

3.0B

Rev. Growth (Yr)

16.16%

Rev. Growth (Qtr)

6.89%

SKYW Earnings

Earnings (TTM)

116.7M

Earnings Growth (Yr)

373.2%

Earnings Growth (Qtr)

244.25%

Breaking Down SKYW Revenue

Last 7 days

-1.9%

Last 30 days

14.3%

Last 90 days

29.1%

Trailing 12 Months

166.7%

How does SKYW drawdown profile look like?

SKYW Financial Health

Current Ratio

0.81

Debt/Equity

1.1

Debt/Cashflow

0.31

SKYW Investor Care

Dividend Yield

0.19%

Dividend/Share (TTM)

0.14

Buy Backs (1Y)

9.40%

Diluted EPS (TTM)

2.71

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	3.0B	0	0	0
2023	3.0B	2.9B	2.9B	2.9B
2022	2.9B	3.1B	3.1B	3.0B
2021	1.9B	2.2B	2.5B	2.7B
2020	3.0B	2.6B	2.3B	2.1B
2019	3.2B	3.1B	3.0B	3.0B
2018	3.2B	3.2B	3.2B	3.2B
2017	3.1B	3.1B	3.1B	3.1B
2016	3.1B	3.1B	3.1B	3.1B
2015	3.2B	3.2B	3.2B	3.1B
2014	3.3B	3.2B	3.2B	3.2B
2013	3.4B	3.3B	3.3B	3.3B
2012	3.7B	3.7B	3.6B	3.5B
2011	3.0B	3.3B	3.6B	3.7B
2010	2.7B	2.7B	2.7B	2.8B
2009	0	0	0	2.6B

Get all data in R, Python etc through our Historical Stock Data APIs

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Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

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Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

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Tracking the Latest Insider Buys and Sells of SkyWest Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 09, 2024	steel wade j	sold	-1,156,500	77.1	-15,000	chief commercial officer
May 08, 2024	childs russell a	sold	-2,487,790	77.0547	-32,286	president & ceo
May 07, 2024	leathers derek j	acquired	-	-	1,545	-
May 02, 2024	steel wade j	gifted	-	-	-1,340	chief commercial officer
May 02, 2024	childs russell a	gifted	-	-	-10,299	president & ceo
Mar 15, 2024	welch james l	sold	-133,430	66.715	-2,000	-
Feb 09, 2024	steel wade j	sold (taxes)	-909,850	59.32	-15,338	chief commercial officer
Feb 09, 2024	wooley greg	sold (taxes)	-316,947	59.32	-5,343	exec vp operations
Feb 09, 2024	simmons robert j	sold (taxes)	-909,791	59.32	-15,337	chief financial officer
Feb 09, 2024	childs russell a	sold (taxes)	-2,603,970	59.32	-43,897	president & ceo

Which funds bought or sold SKYW recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	Ancora Advisors LLC	unchanged	-	1,147	4,697	-%
May 16, 2024	Beacon Capital Management, LLC	unchanged	-	2,959	7,530	-%
May 16, 2024	COMERICA BANK	reduced	-9.29	202,221	1,211,020	-%
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-16.65	86,208	923,392	-%
May 16, 2024	JANE STREET GROUP, LLC	reduced	-53.99	-1,510,940	2,352,800	-%
May 15, 2024	Steward Partners Investment Advisory, LLC	reduced	-40.04	-10,769	41,379	-%
May 15, 2024	Penserra Capital Management LLC	reduced	-20.26	14,000	266,000	-%
May 15, 2024	NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO	unchanged	-	169	691	-%
May 15, 2024	QUADRANT CAPITAL GROUP LLC	added	4.05	41,336	151,009	0.01%
May 15, 2024	TWO SIGMA ADVISERS, LP	added	19.58	434,808	1,181,270	-%

Are Funds Buying or Selling SKYW?

Are funds buying SKYW calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own SKYW

No. of Funds

Unveiling SkyWest Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	kopernik global investors, llc	0.77%	315,888	SC 13G/A
Feb 13, 2024	vanguard group inc	12.00%	4,912,802	SC 13G/A
Feb 09, 2024	dimensional fund advisors lp	8.4%	3,448,284	SC 13G/A
Jan 22, 2024	blackrock inc.	15.9%	6,522,531	SC 13G/A
Feb 14, 2023	kopernik global investors, llc	5.37%	2,716,022	SC 13G
Feb 14, 2023	alliancebernstein l.p.	0.2%	78,467	SC 13G/A
Feb 10, 2023	dimensional fund advisors lp	5.8%	2,948,620	SC 13G/A
Feb 09, 2023	vanguard group inc	12.20%	6,171,853	SC 13G/A
Feb 08, 2023	etf series solutions	9293%	3,506,106	SC 13G
Jan 23, 2023	blackrock inc.	16.5%	8,361,249	SC 13G/A

Recent SEC filings of SkyWest Inc

View All Filings

Date Filed	Form Type	Document
May 10, 2024	4	Insider Trading
May 10, 2024	4	Insider Trading
May 09, 2024	144	Notice of Insider Sale Intent
May 09, 2024	8-K	Current Report
May 08, 2024	144	Notice of Insider Sale Intent
May 08, 2024	3	Insider Trading
May 08, 2024	4	Insider Trading
May 03, 2024	4	Insider Trading
May 03, 2024	4	Insider Trading
Apr 26, 2024	10-Q	Quarterly Report

Peers (Alternatives to SkyWest Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
DAL	34.0B	59.0B	10.07%	46.84%	6.79	0.58	9.34%	164.26%
UAL	18.1B	54.8B	12.80%	14.23%	6.73	0.33	12.31%	40.00%
LUV	16.7B	26.7B	-3.16%	-6.98%	51.56	0.62	7.60%	-43.44%
MID-CAP
AAL	9.7B	53.2B	6.12%	-2.06%	19.34	0.18	1.74%	-71.78%
ALK	5.5B	10.5B	1.38%	-4.01%	22.43	0.53	2.96%	315.25%
JBLU	2.1B	9.5B	-11.71%	-16.48%	-2.46	0.22	-2.60%	-178.93%
SMALL-CAP
ALGT	965.4M	2.5B	-13.57%	-48.49%	15.95	0.38	2.66%	-9.01%
ATSG	960.2M	2.1B	17.35%	-12.72%	19.67	0.47	-0.28%	-71.11%
HA	705.7M	2.7B	2.72%	66.59%	-2.35	0.26	-0.99%	-46.20%
SAVE	415.0M	5.3B	-7.79%	-75.98%	-0.85	0.08	-3.17%	-4.93%
MESA	36.0M	498.1M	8.64%	-52.43%	-0.27	0.07	-6.20%	34.25%

SkyWest Inc News

Latest updates

SkyWest Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	6.9%	804	752	766	726	692	681	789	799	735	777	745	657	535	590	457	350	730	744	760	744	724
Operating Expenses	-2.8%	704	724	717	694	697	716	714	710	683	744	698	542	454	-	383	-	-	-	-	-	-
EBITDA Margin	14.4%	0.22*	0.19*	0.17*	0.18*	0.19*	0.20*	0.22*	0.21*	0.23*	0.26*	0.26*	0.31*	-	-	-	-	-	-	-	-	-
Interest Expenses	-3.9%	30.00	31.00	33.00	34.00	34.00	35.00	33.00	30.00	29.00	29.00	29.00	34.00	31.00	32.00	30.00	31.00	30.00	31.00	32.00	33.00	33.00
Income Taxes	187.2%	20.00	7.00	1.00	2.00	-4.05	-14.57	8.00	19.00	7.00	1.00	5.00	19.00	14.00	-12.92	13.00	-7.53	9.00	25.00	27.00	27.00	26.00
Earnings Before Taxes	228.1%	80.00	24.00	24.00	18.00	-26.12	-61.68	57.00	73.00	25.00	5.00	14.00	81.00	50.00	-59.37	46.00	-33.24	39.00	98.00	119	115	114
EBT Margin	250.3%	0.05*	0.01*	-0.02*	0.00*	0.01*	0.03*	0.05*	0.04*	0.04*	0.06*	0.03*	0.05*	-	-	-	-	-	-	-	-	-
Net Income	244.2%	60.00	18.00	23.00	15.00	-22.07	-47.10	48.00	54.00	18.00	4.00	10.00	62.00	36.00	-46.45	34.00	-25.71	30.00	73.00	91.00	88.00	88.00
Net Income Margin	227.4%	0.04*	0.01*	-0.01*	0.00*	0.01*	0.02*	0.04*	0.03*	0.03*	0.04*	0.02*	0.04*	-	-	-	-	-	-	-	-	-
Free Cashflow	-31.9%	153	225	176	182	140	135	126	187	18.00	137	186	263	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-0.6%	6,983	7,026	7,059	7,116	7,234	7,415	7,454	7,337	7,149	7,126	6,941	6,992	6,895	6,888	6,759	6,773	6,661	6,657	6,598	6,580	6,545
Current Assets	-5.5%	1,069	1,132	1,162	1,183	1,252	1,371	1,262	1,217	1,072	1,069	1,097	1,131	999	983	977	946	769	760	810	780	781
Cash Equivalents	21.4%	180	148	125	114	75.00	103	39.00	96.00	246	258	272	346	231	216	418	452	290	87.00	308	254	291
Net PPE	0.3%	5,500	5,483	5,498	5,491	5,600	5,548	5,600	5,600	5,529	5,499	5,285	5,284	5,314	5,362	5,208	5,300	5,400	5,395	5,300	5,291	5,275
Current Liabilities	4.6%	1,312	1,254	1,206	1,166	1,152	1,173	1,160	1,198	1,142	1,195	1,138	1,109	950	942	860	986	1,020	925	962	927	945
Long Term Debt	-6.8%	2,389	2,562	2,634	2,744	2,856	2,942	2,982	2,864	2,791	2,717	2,605	2,652	2,749	2,802	2,708	2,664	2,538	2,629	2,622	2,719	2,734
LT Debt, Current	14.1%	507	444	443	442	443	439	429	425	410	392	360	361	357	402	360	309	365	364	363	345	363
LT Debt, Non Current	-6.8%	2,389	2,562	2,634	2,744	2,856	2,942	2,982	2,864	2,791	2,717	2,605	2,652	2,749	2,802	2,708	2,664	2,538	2,629	2,622	2,719	2,734
Shareholder's Equity	2.4%	2,165	2,114	2,137	2,157	2,232	2,348	2,396	2,345	2,290	2,268	2,262	2,249	2,182	2,140	2,185	2,143	2,163	2,175	2,116	2,052	2,001
Retained Earnings	2.7%	2,332	2,271	2,254	2,230	2,215	2,237	2,284	2,236	2,182	2,164	2,160	2,150	2,088	2,052	2,098	2,065	2,091	2,079	2,013	1,927	1,845
Accumulated Depreciation	2.6%	3,285	3,200	3,122	3,040	2,958	2,884	2,934	2,855	2,826	2,731	2,621	2,672	2,563	2,456	2,351	2,233	2,104	1,998	1,906	1,817	1,731
Shares Outstanding	-8.3%	40.00	44.00	42.00	44.00	49.00	51.00	51.00	51.00	50.00	50.00	50.00	50.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	1,725	-	-	-	1,074	-	-	-	2,168	-	-	-	1,636	-	-	-	3,158	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-29.8%	157,648	224,427	178,884	182,820	150,203	136,841	128,256	194,771	20,508	144,865	188,267	267,095	231,593	84,860	56,420	222,800	269,483	138,562	220,345	207,209	154,914
Cashflow From Investing	99.3%	-554	-84,231	-8,988	66,959	3,032	-40,325	-307,980	-431,922	-124,667	-301,737	-214,404	-60,974	-121,407	-422,024	-190,824	-125,610	54,987	-351,740	-56,245	-172,144	-76,905
Cashflow From Financing	-6.9%	-125,392	-117,249	-158,999	-209,870	-181,695	-32,382	122,503	87,221	91,739	143,462	-47,886	-91,272	-94,904	134,659	100,385	65,513	-122,132	-7,525	-109,852	-72,289	-115,508
Dividend Payments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,020	6,039	6,061	6,107	6,158	5,141
Buy Backs	-	8,750	-	50,500	95,998	100,001	-	-	-	-	-	-	-	-	-	-	-	20,000	-15,459	34,241	16,145	34,311

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SKYW Income Statement

2024-03-31

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
OPERATING REVENUES:
Total operating revenues	$ 803,614	$ 691,831
OPERATING EXPENSES:
Salaries, wages and benefits	350,999	335,201
Aircraft maintenance, materials and repairs	145,415	142,226
Depreciation and amortization	95,870	94,149
Aircraft fuel	21,164	20,964
Airport-related expenses	20,888	18,295
Aircraft rentals	1,276	19,528
Other operating expenses	68,496	66,172
Total operating expenses	704,108	696,535
OPERATING INCOME (LOSS)	99,506	(4,704)
OTHER INCOME (EXPENSE):
Interest income	11,626	10,033
Interest expense	(29,829)	(33,620)
Other income (loss), net	(1,128)	2,174
Total other expense, net	(19,331)	(21,413)
INCOME (LOSS) BEFORE INCOME TAXES	80,175	(26,117)
PROVISION (BENEFIT) FOR INCOME TAXES	19,877	(4,046)
NET INCOME (LOSS)	$ 60,298	$ (22,071)
BASIC EARNINGS (LOSS) PER SHARE (in dollars per share)	$ 1.50	$ (0.45)
DILUTED EARNINGS (LOSS) PER SHARE (in dollars per share)	$ 1.45	$ (0.45)
Weighted average common shares:
Basic (in shares)	40,299	49,391
Diluted (in shares)	41,492	49,391
COMPREHENSIVE INCOME (LOSS):
Net income (loss)	$ 60,298	$ (22,071)
Net unrealized appreciation (depreciation) on marketable securities, net of taxes	(173)	1,480
TOTAL COMPREHENSIVE INCOME (LOSS)	60,125	(20,591)
Flying agreements
OPERATING REVENUES:
Total operating revenues	778,289	663,838
Lease, airport services and other
OPERATING REVENUES:
Total operating revenues	$ 25,325	$ 27,993

SKYW Balance Sheet

2024-03-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
CURRENT ASSETS:
Cash and cash equivalents	$ 179,979	$ 148,277
Marketable securities	641,185	686,946
Receivables, net	85,882	82,854
Inventories, net	129,866	127,114
Other current assets	32,449	86,705
Total current assets	1,069,361	1,131,896
PROPERTY AND EQUIPMENT:
Aircraft and rotable spares	8,405,513	8,323,107
Deposits on aircraft	77,282	77,282
Buildings and ground equipment	292,633	282,398
Total property and equipment, gross	8,775,428	8,682,787
Less-accumulated depreciation and amortization	(3,284,609)	(3,199,820)
Total property and equipment, net	5,490,819	5,482,967
OTHER ASSETS:
Operating lease right-of-use assets	85,905	86,727
Long-term receivables and other assets	336,658	324,703
Total other assets	422,563	411,430
Total assets	6,982,743	7,026,293
CURRENT LIABILITIES:
Current maturities of long-term debt	506,602	443,869
Accounts payable	480,654	470,251
Accrued salaries, wages and benefits	181,154	194,881
Current maturities of operating lease liabilities	19,668	19,335
Taxes other than income taxes	20,924	26,077
Other current liabilities	103,294	99,879
Total current liabilities	1,312,296	1,254,292
LONG-TERM DEBT, net of current maturities	2,389,227	2,562,183
DEFERRED INCOME TAXES PAYABLE	703,602	687,600
NONCURRENT OPERATING LEASE LIABILITIES	66,237	67,392
OTHER LONG-TERM LIABILITIES	346,478	341,324
COMMITMENTS AND CONTINGENCIES (Note 7)
STOCKHOLDERS' EQUITY:
Preferred stock, 5,000,000 shares authorized; none issued
Common stock, no par value, 120,000,000 shares authorized; 83,137,744 and 82,840,372 shares issued as of March 31, 2024, and December 31, 2023, respectively	761,318	754,362
Retained earnings	2,331,509	2,271,211
Treasury stock, at cost, 42,868,446 and 42,615,347 shares as of March 31, 2024, and December 31, 2023, respectively	(928,076)	(912,396)
Accumulated other comprehensive income	152	325
Total stockholders' equity	2,164,903	2,113,502
Total liabilities and stockholders' equity	$ 6,982,743	$ 7,026,293

About SkyWest Inc

SkyWest, Inc., through its subsidiaries, operates a regional airline in the United States. The company operates through two segment, SkyWest Airlines and SkyWest Leasing. It also leases regional jet aircraft and spare engines to third parties. As of December 31, 2021, the company's fleet consisted of 625 aircraft; and provided scheduled passenger and air freight services with approximately 1,620 total daily departures to various destinations in the United States, Canada, and Mexico. In addition, it offers airport customer and ground handling services for other airlines. SkyWest, Inc. was incorporated in 1972 and is headquartered in St. George, Utah.

CEO	Mr. Russell A. Childs
WEBSITE	https://inc.skywest.com
INDUSTRY	Airlines
EMPLOYEES	13582

SkyWest Inc Frequently Asked Questions

What is the ticker symbol for SkyWest Inc? What does SKYW stand for in stocks?

SKYW is the stock ticker symbol of SkyWest Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of SkyWest Inc (SKYW)?

As of Fri May 17 2024, market cap of SkyWest Inc is 3.07 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of SKYW stock?

You can check SKYW's fair value in chart for subscribers.

What is the fair value of SKYW stock?

You can check SKYW's fair value in chart for subscribers. The fair value of SkyWest Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of SkyWest Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for SKYW so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is SkyWest Inc a good stock to buy?

The fair value guage provides a quick view whether SKYW is over valued or under valued. Whether SkyWest Inc is cheap or expensive depends on the assumptions which impact SkyWest Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for SKYW.

What is SkyWest Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, SKYW's PE ratio (Price to Earnings) is 26.31 and Price to Sales (PS) ratio is 1.01. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. SKYW PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on SkyWest Inc's stock?

In the past 10 years, SkyWest Inc has provided 0.216 (multiply by 100 for percentage) rate of return.