SKYW - SkyWest Inc Stock Price, Fair Value and News

66.75USD+0.16 (+0.24%)Market Closed

Market Summary

USD66.75+0.16

Market Closed

0.24%

SKYW Alerts

1 major insider sales recently.

SKYW Stock Price

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SKYW RSI Chart

SKYW Valuation

Market Cap

2.7B

Price/Earnings (Trailing)

78.01

Price/Sales (Trailing)

0.91

EV/EBITDA

9.19

Price/Free Cashflow

3.7

SKYW Price/Sales (Trailing)

SKYW Profitability

EBT Margin

1.37%

Return on Equity

1.62%

Return on Assets

0.49%

Free Cashflow Yield

26.99%

SKYW Fundamentals

SKYW Revenue

Revenue (TTM)

2.9B

Rev. Growth (Yr)

10.35%

Rev. Growth (Qtr)

-1.88%

SKYW Earnings

Earnings (TTM)

34.3M

Earnings Growth (Yr)

137.19%

Earnings Growth (Qtr)

-25.39%

Breaking Down SKYW Revenue

52 Week Range

23.3767.16

(Low)(High)

Last 7 days

-4.2%

Last 30 days

0.4%

Last 90 days

36.4%

Trailing 12 Months

179.0%

How does SKYW drawdown profile look like?

SKYW Financial Health

Current Ratio

0.9

Debt/Equity

1.21

Debt/Cashflow

0.29

SKYW Investor Care

Dividend Yield

0.24%

Dividend/Share (TTM)

0.14

Buy Backs (1Y)

20.25%

Diluted EPS (TTM)

0.81

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
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

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

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:

Very Cheap Stocks: $21,859
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

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of SkyWest Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 15, 2024	welch james l	sold	-133,430	66.715	-2,000	-
Feb 09, 2024	woodward eric	sold (taxes)	-235,738	59.32	-3,974	chief accounting officer
Feb 09, 2024	childs russell a	sold (taxes)	-2,603,970	59.32	-43,897	president & ceo
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	steel wade j	sold (taxes)	-909,850	59.32	-15,338	chief commercial officer
Feb 06, 2024	steel wade j	acquired	-	-	108,788	chief commercial officer
Feb 06, 2024	smith keith	acquired	-	-	2,632	-
Feb 06, 2024	atkin jerry c	acquired	-	-	1,053	-
Feb 06, 2024	welch james l	acquired	-	-	2,632	-

Which funds bought or sold SKYW recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 15, 2024	Ayalon Insurance Comp Ltd.	sold off	-100	-692,000	-	-%
Apr 15, 2024	Legato Capital Management LLC	new	-	916,761	916,761	0.11%
Apr 15, 2024	Counterpoint Mutual Funds LLC	reduced	-34.57	-103,586	668,556	0.16%
Apr 11, 2024	SALEM INVESTMENT COUNSELORS INC	unchanged	-	18,568	75,988	-%
Apr 09, 2024	MASSMUTUAL TRUST CO FSB/ADV	added	15.44	4,104	11,882	-%
Apr 08, 2024	TOMPKINS FINANCIAL CORP	sold off	-100	-10,440	-	-%
Apr 05, 2024	GAMMA Investing LLC	added	16.27	14,802	43,935	0.01%
Apr 05, 2024	CWM, LLC	added	0.62	9,000	34,000	-%
Apr 05, 2024	LOS ANGELES CAPITAL MANAGEMENT LLC	new	-	539,653	539,653	-%
Apr 03, 2024	Versant Capital Management, Inc	unchanged	-	12,710	52,017	0.01%

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

SKYW Alerts

1 major insider sales recently.

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
Apr 16, 2024	PX14A6G	PX14A6G
Mar 26, 2024	ARS	ARS
Mar 26, 2024	DEF 14A	DEF 14A
Mar 26, 2024	DEFA14A	DEFA14A
Mar 25, 2024	8-K	Current Report
Mar 18, 2024	4	Insider Trading
Mar 15, 2024	144	Notice of Insider Sale Intent
Feb 15, 2024	10-K	Annual Report
Feb 14, 2024	SC 13G/A	Major Ownership Report
Feb 13, 2024	SC 13G/A	Major Ownership 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	30.0B	59.0B	7.95%	34.58%	6	0.51	9.34%	164.26%
LUV	16.7B	26.1B	-1.02%	-13.15%	52	0.64	9.56%	-66.32%
UAL	13.6B	53.7B	-4.84%	-2.05%	5.2	0.25	19.49%	255.22%
MID-CAP
AAL	8.5B	52.8B	-6.66%	-0.53%	10.38	0.16	7.79%	547.24%
ALK	5.1B	10.4B	6.86%	-4.32%	21.88	0.49	8.09%	305.17%
JBLU	2.2B	9.6B	-7.10%	-3.82%	-7.16	0.23	5.00%	14.36%
SMALL-CAP
ALGT	1.1B	2.5B	-10.60%	-37.91%	9.4	0.44	9.04%	4617.05%
ATSG	825.0M	2.1B	3.72%	-37.67%	13.67	0.4	1.23%	-69.62%
HA	686.7M	2.7B	-3.50%	57.18%	-2.64	0.25	2.84%	-8.50%
SAVE	448.9M	5.4B	-4.43%	-76.60%	-1	0.08	5.80%	19.25%
MESA	32.8M	498.1M	1.27%	-63.80%	-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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-1.9%	752	766	726	692	681	789	799	735	777	745	657	535	590	457	350	730	744	760	744	724	803
Operating Expenses	1.0%	724	717	694	697	716	714	710	683	744	698	542	454	-	383	-	-	-	-	-	-	-
EBITDA Margin	14.2%	0.19*	0.17*	0.18*	0.19*	0.20*	0.22*	0.21*	0.23*	0.26*	0.26*	0.31*	0.31*	-	-	-	-	-	-	-	-	-
Interest Expenses	-4.6%	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	34.00
Income Taxes	692.9%	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	24.00
Earnings Before Taxes	0.4%	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	91.00
EBT Margin	185.9%	0.01*	-0.02*	0.00*	0.01*	0.03*	0.05*	0.04*	0.04*	0.06*	0.03*	0.05*	0.00*	-	-	-	-	-	-	-	-	-
Net Income	-25.4%	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	54.00
Net Income Margin	210.7%	0.01*	-0.01*	0.00*	0.01*	0.02*	0.04*	0.03*	0.03*	0.04*	0.02*	0.04*	0.00*	-	-	-	-	-	-	-	-	-
Free Cashflow	27.7%	225	176	182	140	135	126	187	18.00	137	186	263	227	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	-0.5%	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	6,313
Current Assets	-2.6%	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	1,021
Cash Equivalents	18.3%	148	125	114	75.00	103	39.00	96.00	246	258	272	346	231	216	418	452	290	87.00	308	254	291	328
Net PPE	-0.3%	5,483	5,500	5,500	5,600	5,548	5,600	5,560	5,529	5,499	5,285	5,284	5,300	5,362	5,200	5,327	5,400	5,395	5,297	5,291	5,275	5,006
Current Liabilities	4.0%	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	925
Long Term Debt	-2.7%	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	2,810
LT Debt, Current	0.2%	444	443	442	443	439	429	425	410	392	360	361	357	402	360	309	365	364	363	345	363	350
LT Debt, Non Current	-2.7%	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	2,810
Shareholder's Equity	-1.1%	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	1,964
Retained Earnings	0.8%	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	1,777
Accumulated Depreciation	2.5%	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	1,762
Shares Outstanding	5.1%	44.00	42.00	47.00	49.00	51.00	51.00	51.00	50.00	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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	25.5%	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	229,407
Cashflow From Investing	-837.1%	-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	-241,046
Cashflow From Financing	26.3%	-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	15,462
Dividend Payments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,020	6,039	6,061	6,107	6,158	5,141	5,194
Buy Backs	-100.0%	-	50,500	95,998	100,001	-	-	-	-	-	-	-	-	-	-	-	20,000	-15,459	34,241	16,145	34,311	15,728

SKYW Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
OPERATING REVENUES:
Total operating revenues	$ 2,935,432	$ 3,004,925	$ 2,713,491
OPERATING EXPENSES:
Salaries, wages and benefits	1,322,615	1,211,551	986,664
Aircraft maintenance, materials and repairs	673,453	644,157	817,803
Depreciation and amortization	383,115	394,552	440,198
Aircraft fuel	85,913	108,456	107,057
Airport-related expenses	72,640	71,549	104,690
Aircraft rentals	25,507	75,353	63,357
Special items			84,592
Payroll support grant			(422,669)
Other operating expenses	268,120	318,145	255,932
Total operating expenses	2,831,363	2,823,763	2,437,624
OPERATING INCOME	104,069	181,162	275,867
OTHER INCOME (EXPENSE):
Interest income	43,928	17,605	1,114
Interest expense	(130,930)	(127,083)	(123,122)
Other income (loss), net	23,242	20,899	(3,249)
Total other expense, net	(63,760)	(88,579)	(125,257)
INCOME BEFORE INCOME TAXES	40,309	92,583	150,610
PROVISION FOR INCOME TAXES	5,967	19,630	38,700
NET INCOME	$ 34,342	$ 72,953	$ 111,910
BASIC EARNINGS PER SHARE (in dollars per share)	$ 0.78	$ 1.44	$ 2.22
DILUTED EARNINGS PER SHARE (in dollars per share)	$ 0.77	$ 1.44	$ 2.20
Weighted average common shares:
Basic (in shares)	43,940	50,548	50,348
Diluted (in shares)	44,599	50,644	50,753
COMPREHENSIVE INCOME:
Net income	$ 34,342	$ 72,953	$ 111,910
Net unrealized appreciation (depreciation) on marketable securities, net of taxes	4,127	(3,802)
TOTAL COMPREHENSIVE INCOME	38,469	69,151	111,910
Flying agreements
OPERATING REVENUES:
Total operating revenues	2,834,397	2,899,837	2,615,076
Lease, airport services and other
OPERATING REVENUES:
Total operating revenues	$ 101,035	$ 105,088	$ 98,415

SKYW Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
CURRENT ASSETS:
Cash and cash equivalents	$ 148,277	$ 102,984
Marketable securities	686,946	944,231
Receivables, net	82,854	100,523
Inventories, net	127,114	123,209
Other current assets	86,705	100,334
Total current assets	1,131,896	1,371,281
PROPERTY AND EQUIPMENT:
Aircraft and rotable spares	8,323,107	8,143,614
Deposits on aircraft	77,282	23,931
Buildings and ground equipment	282,398	265,019
Total property and equipment, gross	8,682,787	8,432,564
Less-accumulated depreciation and amortization	(3,199,820)	(2,884,084)
Total property and equipment, net	5,482,967	5,548,480
OTHER ASSETS:
Operating lease right-of-use assets	86,727	151,928
Long-term receivables and other assets	324,703	342,864
Total other assets	411,430	494,792
Total assets	7,026,293	7,414,553
CURRENT LIABILITIES:
Current maturities of long-term debt	443,869	438,502
Accounts payable	470,251	422,001
Accrued salaries, wages and benefits	194,881	186,285
Current maturities of operating lease liabilities	19,335	71,726
Taxes other than income taxes	26,077	20,480
Other current liabilities	99,879	33,549
Total current liabilities	1,254,292	1,172,543
LONG-TERM DEBT, net of current maturities	2,562,183	2,941,772
DEFERRED INCOME TAXES PAYABLE	687,600	687,060
NONCURRENT OPERATING LEASE LIABILITIES	67,392	88,622
OTHER LONG-TERM LIABILITIES	341,324	176,925
COMMITMENTS AND CONTINGENCIES (Note 5)
STOCKHOLDERS' EQUITY:
Preferred stock, 5,000,000 shares authorized; none issued
Common stock, no par value, 120,000,000 shares authorized; 82,840,372 and 82,592,830 shares issued as of December 31, 2023, and December 31, 2022, respectively	754,362	734,426
Retained earnings	2,271,211	2,236,869
Treasury stock, at cost, 42,615,347 and 31,994,416 shares as of December 31, 2023, and December 31, 2022, respectively	(912,396)	(619,862)
Accumulated other comprehensive income (loss)	325	(3,802)
Total stockholders' equity	2,113,502	2,347,631
Total liabilities and stockholders' equity	$ 7,026,293	$ 7,414,553

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 Tue Apr 16 2024, market cap of SkyWest Inc is 2.68 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 Tue Apr 16 2024, SKYW's PE ratio (Price to Earnings) is 78.01 and Price to Sales (PS) ratio is 0.91. 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 0.186 (multiply by 100 for percentage) rate of return.