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SKYW

SKYW - SkyWest Inc Stock Price, Fair Value and News

76.80USD-1.16 (-1.49%)Market Closed

Market Summary

SKYW
USD76.80-1.16
Market Closed
-1.49%

SKYW Alerts

  • 6 major insider sales recently.
  • Big jump in Earnings (Y/Y)

SKYW Stock Price

View Fullscreen

SKYW RSI Chart

SKYW Valuation

Market Cap

3.1B

Price/Earnings (Trailing)

26.89

Price/Sales (Trailing)

1.03

EV/EBITDA

8.12

Price/Free Cashflow

4.26

SKYW Price/Sales (Trailing)

SKYW Profitability

EBT Margin

4.81%

Return on Equity

5.39%

Return on Assets

1.67%

Free Cashflow Yield

23.47%

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

-0.4%

Last 30 days

1.1%

Last 90 days

17.6%

Trailing 12 Months

111.4%

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
YearQ1Q2Q3Q4
20243.0B000
20233.0B2.9B2.9B2.9B
20222.9B3.1B3.1B3.0B
20211.9B2.2B2.5B2.7B
20203.0B2.6B2.3B2.1B
20193.2B3.1B3.0B3.0B
20183.2B3.2B3.2B3.2B
20173.1B3.1B3.1B3.1B
20163.1B3.1B3.1B3.1B
20153.2B3.2B3.2B3.1B
20143.3B3.2B3.2B3.2B
20133.4B3.3B3.3B3.3B
20123.7B3.7B3.6B3.5B
20113.0B3.3B3.6B3.7B
20102.7B2.7B2.7B2.8B
20090002.6B
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Tracking the Latest Insider Buys and Sells of SkyWest Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Jun 07, 2024
welch james l
sold
-598,361
78.68
-7,605
-
Jun 03, 2024
woodward eric
sold
-402,800
80.56
-5,000
chief accounting officer
Jun 03, 2024
wooley greg
sold
-602,617
81.27
-7,415
exec vp operations
May 24, 2024
simmons robert j
sold
-666,750
75.00
-8,890
chief financial officer
May 22, 2024
simmons robert j
sold
-1,209,710
75.1654
-16,094
chief financial officer
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

1–10 of 50

Which funds bought or sold SKYW recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Jun 11, 2024
EverSource Wealth Advisors, LLC
unchanged
-
6,687
23,443
-%
May 29, 2024
Soltis Investment Advisors LLC
reduced
-8.28
332,776
1,889,430
0.21%
May 28, 2024
Boston Partners
new
-
1,275,150
1,275,150
-%
May 28, 2024
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
reduced
-2.07
247,000
1,081,000
0.01%
May 24, 2024
Cetera Investment Advisers
new
-
1,853,280
1,853,280
-%
May 20, 2024
EMC Capital Management
sold off
-100
-152,000
-
-%
May 16, 2024
Beacon Capital Management, LLC
unchanged
-
2,959
7,530
-%
May 16, 2024
Ancora Advisors LLC
unchanged
-
1,147
4,697
-%
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
-%

1–10 of 42

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 FiledName of FilerPercent of ClassNo. of SharesForm 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
Jun 12, 2024
144
Notice of Insider Sale Intent
Jun 11, 2024
4
Insider Trading
Jun 07, 2024
11-K
Employee Benefit Details
Jun 07, 2024
144
Notice of Insider Sale Intent
Jun 04, 2024
4
Insider Trading
Jun 04, 2024
4
Insider Trading
Jun 03, 2024
144
Notice of Insider Sale Intent
Jun 03, 2024
144
Notice of Insider Sale Intent
May 24, 2024
4
Insider Trading
May 22, 2024
144
Notice of Insider Sale Intent

Peers (Alternatives to SkyWest Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
32.4B
59.0B
-5.45% 18.91%
6.46
0.55
9.34% 164.26%
17.1B
54.8B
-5.46% -2.38%
6.37
0.31
12.31% 40.00%
17.0B
26.7B
1.00% -15.37%
52.56
0.64
7.60% -43.44%
MID-CAP
7.5B
53.2B
-24.62% -30.98%
15.02
0.14
1.74% -71.78%
5.2B
10.5B
-6.35% -18.72%
21.23
0.5
2.96% 315.25%
SMALL-CAP
1.9B
9.5B
-13.21% -31.26%
-2.25
0.2
-2.60% -178.93%
992.0M
2.5B
-7.21% -52.29%
16.39
0.39
2.66% -9.01%
804.5M
2.1B
-15.99% -35.10%
16.48
0.39
-0.28% -71.11%
674.0M
2.7B
-3.49% 34.68%
-2.25
0.25
-0.99% -46.20%
382.2M
5.3B
-22.27% -78.68%
-0.79
0.07
-3.17% -4.93%
48.3M
469.7M
28.26% -46.61%
-0.29
0.1
-11.45% 4.86%

SkyWest Inc News

Latest updates
Yahoo Canada Finance31 minutes ago
Yahoo Canada Finance11 Jun 202409:50 pm
Seeking Alpha03 Jun 202407:00 am
Seeking Alpha16 May 202407:00 am

SkyWest Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue6.9%804752766726692681789799735777745657535590457350730744760744724
Operating Expenses-2.8%704724717694697716714710683744698542454-383------
EBITDA Margin14.4%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%30.0031.0033.0034.0034.0035.0033.0030.0029.0029.0029.0034.0031.0032.0030.0031.0030.0031.0032.0033.0033.00
Income Taxes187.2%20.007.001.002.00-4.05-14.578.0019.007.001.005.0019.0014.00-12.9213.00-7.539.0025.0027.0027.0026.00
Earnings Before Taxes228.1%80.0024.0024.0018.00-26.12-61.6857.0073.0025.005.0014.0081.0050.00-59.3746.00-33.2439.0098.00119115114
EBT Margin250.3%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 Income244.2%60.0018.0023.0015.00-22.07-47.1048.0054.0018.004.0010.0062.0036.00-46.4534.00-25.7130.0073.0091.0088.0088.00
Net Income Margin227.4%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%15322517618214013512618718.00137186263---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-0.6%6,9837,0267,0597,1167,2347,4157,4547,3377,1497,1266,9416,9926,8956,8886,7596,7736,6616,6576,5986,5806,545
  Current Assets-5.5%1,0691,1321,1621,1831,2521,3711,2621,2171,0721,0691,0971,131999983977946769760810780781
    Cash Equivalents21.4%18014812511475.0010339.0096.0024625827234623121641845229087.00308254291
  Net PPE0.3%5,5005,4835,4985,4915,6005,5485,6005,6005,5295,4995,2855,2845,3145,3625,2085,3005,4005,3955,3005,2915,275
  Current Liabilities4.6%1,3121,2541,2061,1661,1521,1731,1601,1981,1421,1951,1381,1099509428609861,020925962927945
  Long Term Debt-6.8%2,3892,5622,6342,7442,8562,9422,9822,8642,7912,7172,6052,6522,7492,8022,7082,6642,5382,6292,6222,7192,734
    LT Debt, Current14.1%507444443442443439429425410392360361357402360309365364363345363
    LT Debt, Non Current-6.8%2,3892,5622,6342,7442,8562,9422,9822,8642,7912,7172,6052,6522,7492,8022,7082,6642,5382,6292,6222,7192,734
Shareholder's Equity2.4%2,1652,1142,1372,1572,2322,3482,3962,3452,2902,2682,2622,2492,1822,1402,1852,1432,1632,1752,1162,0522,001
  Retained Earnings2.7%2,3322,2712,2542,2302,2152,2372,2842,2362,1822,1642,1602,1502,0882,0522,0982,0652,0912,0792,0131,9271,845
Accumulated Depreciation2.6%3,2853,2003,1223,0402,9582,8842,9342,8552,8262,7312,6212,6722,5632,4562,3512,2332,1041,9981,9061,8171,731
Shares Outstanding-8.3%40.0044.0042.0044.0049.0051.0051.0051.0050.0050.0050.0050.00---------
Float----1,725---1,074---2,168---1,636---3,158-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-29.8%157,648224,427178,884182,820150,203136,841128,256194,77120,508144,865188,267267,095231,59384,86056,420222,800269,483138,562220,345207,209154,914
Cashflow From Investing99.3%-554-84,231-8,98866,9593,032-40,325-307,980-431,922-124,667-301,737-214,404-60,974-121,407-422,024-190,824-125,61054,987-351,740-56,245-172,144-76,905
Cashflow From Financing-6.9%-125,392-117,249-158,999-209,870-181,695-32,382122,50387,22191,739143,462-47,886-91,272-94,904134,659100,38565,513-122,132-7,525-109,852-72,289-115,508
  Dividend Payments----------------7,0206,0396,0616,1076,1585,141
  Buy Backs-8,750-50,50095,998100,001-----------20,000-15,45934,24116,14534,311
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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 benefits350,999335,201
Aircraft maintenance, materials and repairs145,415142,226
Depreciation and amortization95,87094,149
Aircraft fuel21,16420,964
Airport-related expenses20,88818,295
Aircraft rentals1,27619,528
Other operating expenses68,49666,172
Total operating expenses704,108696,535
OPERATING INCOME (LOSS)99,506(4,704)
OTHER INCOME (EXPENSE):  
Interest income11,62610,033
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 TAXES80,175(26,117)
PROVISION (BENEFIT) FOR INCOME TAXES19,877(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)40,29949,391
Diluted (in shares)41,49249,391
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 revenues778,289663,838
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 securities641,185686,946
Receivables, net85,88282,854
Inventories, net129,866127,114
Other current assets32,44986,705
Total current assets1,069,3611,131,896
PROPERTY AND EQUIPMENT:  
Aircraft and rotable spares8,405,5138,323,107
Deposits on aircraft77,28277,282
Buildings and ground equipment292,633282,398
Total property and equipment, gross8,775,4288,682,787
Less-accumulated depreciation and amortization(3,284,609)(3,199,820)
Total property and equipment, net5,490,8195,482,967
OTHER ASSETS:  
Operating lease right-of-use assets85,90586,727
Long-term receivables and other assets336,658324,703
Total other assets422,563411,430
Total assets6,982,7437,026,293
CURRENT LIABILITIES:  
Current maturities of long-term debt506,602443,869
Accounts payable480,654470,251
Accrued salaries, wages and benefits181,154194,881
Current maturities of operating lease liabilities19,66819,335
Taxes other than income taxes20,92426,077
Other current liabilities103,29499,879
Total current liabilities1,312,2961,254,292
LONG-TERM DEBT, net of current maturities2,389,2272,562,183
DEFERRED INCOME TAXES PAYABLE703,602687,600
NONCURRENT OPERATING LEASE LIABILITIES66,23767,392
OTHER LONG-TERM LIABILITIES346,478341,324
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, respectively761,318754,362
Retained earnings2,331,5092,271,211
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 income152325
Total stockholders' equity2,164,9032,113,502
Total liabilities and stockholders' equity$ 6,982,743$ 7,026,293
SKYW
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
 WEBSITEhttps://inc.skywest.com
 INDUSTRYAirlines
 EMPLOYEES13582

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 Thu Jun 13 2024, market cap of SkyWest Inc is 3.14 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 Thu Jun 13 2024, SKYW's PE ratio (Price to Earnings) is 26.89 and Price to Sales (PS) ratio is 1.03. 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 0.217 (multiply by 100 for percentage) rate of return.