# SkyWest Inc. (SKYW)

**Exchange:** NASDAQ  
**Sector:** Industrials  
**Market cap:** $3.71B  
**Price:** $89.71 (+5.29%)

> SkyWest Inc. is a holding company that operates as a regional airline primarily in the United States, Canada, Mexico, and the Caribbean. Through its principal subsidiary SkyWest Airlines, it provides scheduled passenger and air freight services, operating a fleet of regional jet aircraft with thousands of daily departures. The company partners with major airlines under fixed-fee contracts, utilizing their branding and ground support to transport passengers on shorter routes. SkyWest Inc. also engages in aircraft leasing through its SkyWest Leasing segment, renting regional jets and spare engines to third parties, and offers on-demand charter flights, airport customer services, and ground handling. These operations generate revenue from capacity provision and ancillary aviation support, serving key markets in North America and beyond. Founded in 1972 and headquartered in St. George, Utah, SkyWest Inc. plays a vital role in connecting smaller communities to larger hubs within the regional aviation sector.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $4.06B | — | $618M | $428M | — |
| 2024 | $3.53B | — | $495M | $323M | — |
| 2023 | $2.94B | — | $104M | $34M | — |
| 2022 | $3.00B | — | $181M | — | — |
| 2021 | $2.71B | — | $276M | — | — |
| 2020 | $2.13B | — | $109M | — | — |
| 2019 | $2.97B | — | $512M | — | — |
| 2018 | $3.22B | — | $474M | — | — |
| 2017 | $3.12B | — | $388M | — | — |
| 2016 | $3.12B | — | -$173M | — | — |
| 2015 | $3.10B | — | $235M | — | — |
| 2014 | $3.24B | — | $25M | — | — |
| 2013 | $3.30B | — | $153M | — | — |
| 2012 | $3.53B | — | $166M | — | — |
| 2011 | $3.65B | — | $41M | — | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $7.39B | — | $2.75B | $123M | $2.39B |
| 2024 | $7.14B | — | $2.41B | $227M | $2.67B |
| 2023 | $7.03B | — | $2.11B | $148M | $3.01B |
| 2022 | $7.41B | — | $2.35B | $103M | $3.38B |
| 2021 | $7.13B | — | $2.27B | $258M | $3.11B |
| 2020 | $6.89B | — | $2.14B | $216M | $3.20B |
| 2019 | $6.66B | — | $2.18B | $87M | $2.99B |
| 2018 | $6.31B | — | $1.96B | $328M | $3.16B |
| 2017 | $5.47B | — | $1.75B | $182M | $2.69B |
| 2016 | $5.01B | — | $1.35B | $147M | $2.55B |
| 2015 | $4.78B | — | $1.51B | $203M | $1.93B |
| 2014 | $4.39B | — | $1.40B | $132M | $1.75B |
| 2013 | $4.23B | — | $1.43B | $171M | $1.47B |
| 2012 | $4.25B | — | $1.39B | $134M | $1.64B |
| 2011 | $4.28B | — | $1.33B | $130M | $1.82B |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $940M | $32M | $908M |
| 2024 | $692M | $45M | $648M |
| 2023 | $736M | $13M | $723M |
| 2022 | $480M | $13M | $467M |
| 2021 | $832M | $18M | $814M |
| 2020 | $634M | $13M | $621M |
| 2019 | $721M | $81M | $640M |
| 2018 | $803M | $34M | $768M |
| 2017 | $684M | $27M | $657M |
| 2016 | $507M | $14M | $492M |
| 2015 | $417M | — | — |

Source: [CompaniesByCap](https://companiesbycap.com/company/SKYW)