SkyWest, Inc. (SKYW)

Last Closing Price: 76.58 (2024-05-07)

Company Description

SkyWest operates as a regional airline in the U.S. through its subsidiary SkyWest Airlines. SkyWest is also the holding company of an aircraft leasing company. It offers high-quality regional service to airports located primarily in the Midwestern and Western United States as well as Mexico and Canada. Offering scheduled regional airline service under code-share agreements with its airline partners, forms the basis of the company's operating model. On a daily basis, SkyWest is responsible for operating more than 2,100 flights to multiple destinations in N. America. SkyWest provides regional operations to its major airline partners under long-term, fixed-fee, code-share agreements. The company has codeshare agreements with key airline players like Delta Air Lines, American Airlines, United and Alaska Airlines. The fixed-fee agreement with these companies obligate the respective major airline partner to refund the amount of fuel costs SkyWest incurs under those agreements.

Financials, Fundamental Metrics & Ratios
Revenue (Most Recent Fiscal Year) $2.94B
Net Income (Most Recent Fiscal Year) $34.34M
PE Ratio (Current Year Earnings Estimate) 11.31
PE Ratio (Trailing 12 Months) 27.79
PEG Ratio (Long Term Growth Estimate) --
Price to Sales Ratio (Trailing 12 Months) 1.02
Price to Book Ratio (Most Recent Quarterly Book Value per Share) 1.43
Price to Cash Ratio (Most Recent Annual Cash Flow per Share) 7.55
Pre-Tax Margin (Trailing 12 Months) 4.81%
Net Margin (Trailing 12 Months) 3.83%
Return on Equity (Trailing 12 Months) 5.45%
Return on Assets (Trailing 12 Months) 1.66%
Current Ratio (Most Recent Fiscal Quarter) 0.81
Quick Ratio (Most Recent Fiscal Quarter) 0.72
Debt to Common Equity (Most Recent Fiscal Quarter) 1.10
Inventory Turnover (Trailing 12 Months) 6.66
Book Value per Share (Most Recent Fiscal Quarter) $53.77
Earnings per Share (Most Recent Fiscal Quarter) $1.45
Earnings per Share (Most Recent Fiscal Year) $0.77
Diluted Earnings per Share (Trailing 12 Months) $2.77
Stock
Exchange NASDAQ
Sector Industrials
Industry Airlines
Common Shares Outstanding 40.26M
Free Float 39.25M
Market Capitalization $3.10B
Average Volume (Last 20 Days) 0.44M
Beta (Past 60 Months) 1.89
Percentage Held By Insiders (Latest Annual Proxy Report) 2.50%
Percentage Held By Institutions (Latest 13F Reports) 81.30%
Annual Dividend (Based on Last Quarter) $0.00
Dividend Yield (Based on Last Quarter) 0.00%