(SKYW) SkyWest - Overview
Stock: Regional Flights, Aircraft Leasing, Charter Services, Ground Handling
EPS (Earnings per Share)
Revenue
| Risk 5d forecast | |
|---|---|
| Volatility | 37.1% |
| Relative Tail Risk | -7.70% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.15 |
| Alpha | -29.70 |
| Character TTM | |
|---|---|
| Beta | 1.314 |
| Beta Downside | 1.239 |
| Drawdowns 3y | |
|---|---|
| Max DD | 34.33% |
| CAGR/Max DD | 2.28 |
Description: SKYW SkyWest January 09, 2026
SkyWest, Inc. (NASDAQ: SKYW) operates a U.S. regional airline network through its SkyWest Airlines and SWC subsidiaries, complemented by a leasing arm that rents regional jets and spare engines to third parties and offers on-demand charter, airport-customer, and ground-handling services.
As of 31 Dec 2024 the company managed a fleet of 624 aircraft and executed roughly 2,190 daily departures across the United States, Canada, and Mexico, supporting both passenger and air-freight traffic. Recent quarterly filings show a load factor of ≈ 84 % and an operating margin of ~ 6 %, with FY 2024 revenue of $5.3 billion and free cash flow of $420 million.
Key economic drivers for SkyWest include: (1) contract renegotiations with major network carriers (e.g., United, Delta, American) that dictate per-flight revenue and capacity commitments; (2) fuel price volatility, which historically accounts for ≈ 30 % of operating costs; and (3) labor market tightness in the pilot pipeline, influencing wage growth and aircraft utilization rates. The broader regional airline sector is also sensitive to macro-level travel demand, which correlates with U.S. consumer confidence and GDP growth.
For a deeper quantitative dive, you might explore ValueRay’s analyst toolkit to model scenario-based valuations for SkyWest.
Piotroski VR‑10 (Strict, 0-10) 7.0
| Net Income: 428.3m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.04 > 0.02 and ΔFCF/TA -2.14 > 1.0 |
| NWC/Revenue: -14.20% < 20% (prev -8.86%; Δ -5.35% < -1%) |
| CFO/TA 0.12 > 3% & CFO 894.8m > Net Income 428.3m |
| Net Debt (1.76b) to EBITDA (980.3m): 1.80 < 3 |
| Current Ratio: 0.65 > 1.5 & < 3 |
| Outstanding Shares: last quarter (41.3m) vs 12m ago -0.67% < -2% |
| Gross Margin: 33.46% > 18% (prev 0.25%; Δ 3321 % > 0.5%) |
| Asset Turnover: 55.87% > 50% (prev 49.41%; Δ 6.46% > 0%) |
| Interest Coverage Ratio: 5.90 > 6 (EBITDA TTM 980.3m / Interest Expense TTM 104.4m) |
Altman Z'' 1.35
| A: -0.08 (Total Current Assets 1.09b - Total Current Liabilities 1.67b) / Total Assets 7.39b |
| B: 0.40 (Retained Earnings 2.93b / Total Assets 7.39b) |
| C: 0.08 (EBIT TTM 615.8m / Avg Total Assets 7.26b) |
| D: 0.0 (Book Value of Equity 0.0 / Total Liabilities 4.54b) |
| Altman-Z'' Score: 1.35 = BB |
What is the price of SKYW shares?
Over the past week, the price has changed by +9.78%, over one month by +4.47%, over three months by +9.38% and over the past year by -8.79%.
Is SKYW a buy, sell or hold?
- StrongBuy: 2
- Buy: 2
- Hold: 1
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the SKYW price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 128.3 | 21.1% |
| Analysts Target Price | 128.3 | 21.1% |
| ValueRay Target Price | 152.2 | 43.6% |
SKYW Fundamental Data Overview February 01, 2026
P/S = 0.9797
P/B = 1.4084
P/EG = 1.02
Revenue TTM = 4.06b USD
EBIT TTM = 615.8m USD
EBITDA TTM = 980.3m USD
Long Term Debt = 1.87b USD (from longTermDebt, two quarters ago)
Short Term Debt = 539.4m USD (from shortTermDebt, two quarters ago)
Debt = 2.47b USD (from shortLongTermDebtTotal, two quarters ago)
Net Debt = 1.76b USD (calculated as Total Debt 2.47b - CCE 706.9m)
Enterprise Value = 5.66b USD (3.90b + Debt 2.47b - CCE 706.9m)
Interest Coverage Ratio = 5.90 (Ebit TTM 615.8m / Interest Expense TTM 104.4m)
EV/FCF = 17.42x (Enterprise Value 5.66b / FCF TTM 324.9m)
FCF Yield = 5.74% (FCF TTM 324.9m / Enterprise Value 5.66b)
FCF Margin = 8.01% (FCF TTM 324.9m / Revenue TTM 4.06b)
Net Margin = 10.55% (Net Income TTM 428.3m / Revenue TTM 4.06b)
Gross Margin = 33.46% ((Revenue TTM 4.06b - Cost of Revenue TTM 2.70b) / Revenue TTM)
Gross Margin QoQ = 60.94% (prev 23.99%)
Tobins Q-Ratio = 0.77 (Enterprise Value 5.66b / Total Assets 7.39b)
Interest Expense / Debt = 1.02% (Interest Expense 25.1m / Debt 2.47b)
Taxrate = 26.83% (33.4m / 124.6m)
NOPAT = 450.6m (EBIT 615.8m * (1 - 26.83%))
Current Ratio = 0.65 (Total Current Assets 1.09b / Total Current Liabilities 1.67b)
Debt / Equity = 0.92 (Debt 2.47b / totalStockholderEquity, two quarters ago 2.68b)
Debt / EBITDA = 1.80 (Net Debt 1.76b / EBITDA 980.3m)
Debt / FCF = 5.43 (Net Debt 1.76b / FCF TTM 324.9m)
Total Stockholder Equity = 2.54b (last 4 quarters mean from totalStockholderEquity)
RoA = 5.90% (Net Income 428.3m / Total Assets 7.39b)
RoE = 16.89% (Net Income TTM 428.3m / Total Stockholder Equity 2.54b)
RoCE = 13.99% (EBIT 615.8m / Capital Employed (Equity 2.54b + L.T.Debt 1.87b))
RoIC = 8.91% (NOPAT 450.6m / Invested Capital 5.06b)
WACC = 6.88% (E(3.90b)/V(6.37b) * Re(10.76%) + D(2.47b)/V(6.37b) * Rd(1.02%) * (1-Tc(0.27)))
Discount Rate = 10.76% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -0.61%
[DCF Debug] Terminal Value 75.65% ; FCFF base≈381.6m ; Y1≈250.5m ; Y5≈114.3m
Fair Price DCF = 25.97 (EV 2.80b - Net Debt 1.76b = Equity 1.04b / Shares 40.1m; r=6.88% [WACC]; 5y FCF grow -40.0% → 2.90% )
EPS Correlation: 74.65 | EPS CAGR: 63.46% | SUE: 0.33 | # QB: 0
Revenue Correlation: 87.52 | Revenue CAGR: 9.25% | SUE: 1.57 | # QB: 3
EPS next Quarter (2026-03-31): EPS=2.19 | Chg30d=-0.285 | Revisions Net=+1 | Analysts=3
EPS current Year (2026-12-31): EPS=11.49 | Chg30d=+0.394 | Revisions Net=+2 | Growth EPS=+11.0% | Growth Revenue=+6.0%
EPS next Year (2027-12-31): EPS=12.22 | Chg30d=+0.236 | Revisions Net=+2 | Growth EPS=+6.3% | Growth Revenue=+3.2%