SKYW
$91.51-1.88%
SkyWest Inc.Stock · IndustrialsRussell 2000 0.1%Nasdaq Composite 0.010%Russell 3000 0.006%US Stock Market 0.005%
SKYW financial statements
The full income statement, balance sheet, and cash-flow statement for SkyWest Inc. (SKYW), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 40.1M2024-09 40.3M2024-12 40.3M2025-03 40.5M2025-06 40.4M2025-09 40.1M2025-12 40.4M2026-03 39.7M2026-06 38.8M-3.2% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 4.06B+15.0% | 3.53B+20.2% | 2.94B-2.3% | 3.00B+10.7% | 2.71B+27.6% | ||
| Lease income | — | — | — | — | 46.5M+33.7% | |
| Total operating expenses | 3.44B+13.4% | 3.03B+7.1% | 2.83B+0.3% | 2.82B+15.8% | 2.44B+20.8% | |
| Operating income | 618M+24.9% | 495M+375.3% | 104M-42.6% | 181M-34.3% | 276M+153.5% | |
| Interest expense | 104M-8.7% | 114M-12.7% | 131M+3.0% | 127M+3.2% | 123M-0.0% | |
| Interest & investment income | 43.3M-9.7% | 48.0M+9.2% | 43.9M+149.5% | 17.6M+1480.3% | 1.11M-81.1% | |
| Other non-operating income | 8.86M+129.3% | 3.87M-83.4% | 23.2M+11.2% | 20.9M+116.7% | -125M-7.9% | |
| Equity-method income | — | 3.70M | — | — | — | |
| Pre-tax income | 566M+30.9% | 432M+972.1% | 40.3M-56.5% | 92.6M-38.5% | 151M+2155.5% | |
| Income tax | 137M+25.7% | 109M+1729.7% | 5.97M-69.6% | 19.6M-49.3% | 38.7M+3157.6% | |
| 428M+32.6% | 323M+840.4% | 34.3M-52.9% | 73.0M-34.8% | 112M+1414.3% | ||
| Net income to common | 428M+32.6% | 323M+840.4% | 34.3M-52.9% | 73.0M-34.8% | 112M+1414.3% | |
| $10.35+33.2% | $7.77+909.1% | $0.77-46.5% | $1.44-34.5% | $2.20+1394.1% | ||
| EPS (basic) | $10.62+32.4% | $8.02+928.2% | $0.78-45.8% | $1.44-35.1% | $2.22+1405.9% | |
| Weighted-avg shares (basic) | 40.3M+0.1% | 40.3M-8.4% | 43.9M-13.1% | 50.5M+0.4% | 50.3M+0.3% | |
| Weighted-avg shares (diluted) | 41.4M-0.3% | 41.5M-6.8% | 44.6M-11.9% | 50.6M-0.2% | 50.8M+1.1% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 1.09B-2.3% | 1.12B-1.3% | 1.13B-17.5% | 1.37B+28.3% | 1.07B+8.7% | ||
| Cash & equivalents | 123M-46.0% | 227M+53.3% | 148M+44.0% | 103M-60.1% | 258M+19.8% | |
| Accounts receivable | — | 123M+48.1% | 82.9M-17.5% | 101M+53.9% | 65.3M+89.3% | |
| Other current assets | 55.9M+4.2% | 53.7M-38.1% | 86.7M-13.6% | 100M+159.0% | 38.7M+24.0% | |
| 7.39B+3.5% | 7.14B+1.6% | 7.03B-5.2% | 7.41B+4.1% | 7.13B+3.5% | ||
| Property, plant & equipment | 5.84B+4.6% | 5.59B+1.9% | 5.48B-1.2% | 5.55B+0.9% | 5.50B+2.5% | |
| Operating lease right-of-use | 81.9M-6.6% | 87.7M+1.2% | 86.7M-42.9% | 152M-36.3% | 239M-15.5% | |
| Other non-current assets | 452M+3.8% | 435M+34.1% | 325M-5.3% | 343M+7.1% | 320M+23.0% | |
| 1.67B+16.6% | 1.43B+14.0% | 1.25B+7.0% | 1.17B-1.8% | 1.19B+26.9% | ||
| Accounts payable | 634M+20.2% | 527M+12.1% | 470M+11.4% | 422M-15.0% | 496M+78.1% | |
| Deferred revenue | 164M+199.1% | 54.8M-10.2% | 61.0M+1073.1% | 5.20M-78.8% | 24.5M | |
| Short-term & current debt | 547M+2.1% | 536M+20.7% | 444M+1.2% | 439M+11.9% | 392M-2.6% | |
| Current lease liability | 19.6M-4.1% | 20.5M+5.9% | 19.3M-73.0% | 71.7M-9.1% | 78.9M-4.5% | |
| Other current liabilities | 204M+110.6% | 96.8M-3.0% | 99.9M+197.7% | 33.5M-30.3% | 48.2M+84.4% | |
| Long-term debt | 1.85B-13.6% | 2.14B-16.6% | 2.56B-12.9% | 2.94B+8.3% | 2.72B-3.0% | |
| Deferred revenue (non-current) | 129M-54.5% | 283M-9.8% | 314M+124.8% | 140M+75.7% | 79.4M | |
| Non-current lease liability | 62.3M-7.4% | 67.3M-0.2% | 67.4M-24.0% | 88.6M-44.0% | 158M-23.1% | |
| Operating lease liability (total) | 81.9M | — | — | — | — | |
| Deferred tax liabilities | 911M+15.6% | 788M+14.6% | 688M+0.1% | 687M+3.6% | 663M+6.0% | |
| Other non-current liabilities | 154M-50.3% | 309M-9.3% | 341M+92.9% | 177M+41.7% | 125M-27.8% | |
| 2.75B+14.0% | 2.41B+14.0% | 2.11B-10.0% | 2.35B+3.5% | 2.27B+6.0% | ||
| Retained earnings | 3.02B+16.5% | 2.59B+14.2% | 2.27B+1.5% | 2.24B+3.4% | 2.16B+5.5% | |
| Treasury stock | 1.07B+11.7% | 963M+5.5% | 912M+47.2% | 620M+0.2% | 619M+0.3% | |
| Accumulated other comprehensive income | 278K+65.5% | 168K-48.3% | 325K+108.5% | -3.80M | — | |
| Total liabilities & equity | 7.39B+3.5% | 7.14B+1.6% | 7.03B-5.2% | 7.41B+4.1% | 7.13B+3.5% | |
| Common shares issued | 84.3M+0.8% | 83.6M+1.0% | 82.8M+0.3% | 82.6M+0.3% | 82.3M+0.3% | |
| Common shares outstanding | 84.3M+0.8% | 83.6M+1.0% | 82.8M+0.3% | 82.6M+0.3% | 82.3M+0.3% | |
| Shares outstanding (cover) | 40.4M+0.2% | 40.3M+0.3% | 40.2M-20.2% | 50.4M-0.2% | 50.5M+0.3% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 940M+35.8% | 692M-6.0% | 736M+53.3% | 480M-42.3% | 832M+31.3% | ||
| Depreciation & amortization | 364M-5.0% | 384M+0.2% | 383M-2.9% | 395M-10.4% | 440M-7.3% | |
| Share-based compensation | 18.7M-5.7% | 19.9M+16.0% | 17.1M+87.0% | 9.16M+5.5% | 8.69M+27.7% | |
| Deferred income taxes | 123M+22.3% | 100M+18521.2% | 539K-97.7% | 23.8M-36.1% | 37.3M+511.6% | |
| Change in receivables | 52.5M+27.5% | 41.2M+307.7% | -19.8M-160.1% | 33.0M+9.5% | 30.1M+212.2% | |
| Change in inventory | 29.5M+148.5% | 11.9M+204.4% | 3.90M-76.5% | 16.6M+28.9% | 12.9M+166.8% | |
| -652M-185.1% | -229M-884.3% | -23.2M+97.4% | -905M-29.5% | -699M-2.2% | ||
| Capital expenditure | 32.0M-28.7% | 44.9M+238.6% | 13.3M+1.7% | 13.0M-28.1% | 18.1M+43.0% | |
| Free cash flow | 908M+40.3% | 648M-10.4% | 723M+54.7% | 467M-42.6% | 814M+31.1% | |
| Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Proceeds from sale of PP&E | 15.6M+202.4% | 5.15M-67.5% | 15.9M-6.5% | 17.0M+138.6% | 7.12M+119.7% | |
| Other investing activities | — | 18.0M+533.4% | -4.16M-113.1% | 31.6M-51.6% | 65.4M-26.9% | |
| -393M-2.2% | -385M+42.4% | -668M-348.2% | 269M+397.0% | -90.6M-150.8% | ||
| Long-term debt issued | 209M+79.8% | 116M+66.7% | 69.7M-89.8% | 685M+52.1% | 450M+10.7% | |
| Long-term debt repaid | 492M+8.6% | 453M+1.2% | 448M+7.8% | 415M-23.2% | 541M+188.4% | |
| Common stock issued | 2.65M-7.4% | 2.86M+1.9% | 2.81M-4.9% | 2.96M-6.0% | 3.15M+11.6% | |
| Common stock repurchased | 0.00 | 0.00 | 0.00 | 0.00 | 0.00-100.0% | |
| Dividends paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00-100.0% | |
| Interest paid | 106M-6.8% | 114M-11.5% | 128M+2.4% | 125M+0.3% | 125M-0.4% | |
| Income taxes paid | 16.9M-9.3% | 18.6M+36.6% | 13.6M+1067.2% | 1.17M-82.3% | 6.59M+270.2% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 4.06B+0.5% | 4.04B+88.9% | 2.14B+155.8% | 835M-57.9% | 1.99B-2.2% | |
| P/E | 9.5×-24.2% | 12.5× | — | 6.7×-62.1% | 17.7× | |
| P/S | 1.0×-12.7% | 1.1×+53.4% | 0.7×+176.9% | 0.3×-63.2% | 0.7×-23.3% | |
| P/B | 1.5×-11.9% | 1.7×+67.6% | 1.0×+186.9% | 0.3×-60.2% | 0.9×-7.7% | |
| P/FCF | 4.5×-28.4% | 6.2×+71.8% | 3.6×+103.9% | 1.8×-27.1% | 2.4×-25.3% | |
| Earnings yield | 10.6%+32.0% | 8.0% | — | 14.9%+164.2% | 5.6% | |
| FCF yield | 22.4%+39.6% | 16.0%-41.8% | 27.6%-51.0% | 56.2%+37.1% | 41.0%+34.0% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: SKYW’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all SKYW filings on SEC EDGAR → Not investment advice.