SkyWest Inc offers commercial air services in the United States, Canada, Mexico, and the Caribbean. Additionally, it leases aircraft to capable users to help generate revenue. SkyWest generally provides regional flights and utilizes smaller, lower-cost aircraft to carry passengers who book tickets through partner airlines. It partners with carriers to fly and operate aircraft for a fee and may use the carriers' brands and ground support to coordinate marketing and transport passengers. The company has two reportable segments: SkyWest Airlines and SWC, which generate maximum revenue, and SkyWest Leasing activities.
GATX Corporation
Wabtec Inc.
Kirby Corporation
Delta Air Lines, Inc.
United Airlines Holdings, Inc. Common Stock
Alaska Air Group, Inc.
American Airlines Group Inc.
Allegiant Travel Company
The chart shows the growth of an initial investment of $10,000 in Skywest Inc, comparing it to the performance of the S&P 500 index.
All prices have been adjusted for splits and dividends.
Skywest Inc (SKYW) has returned -8.96% so far this year and 20.20% over the past 12 months. Looking at the last ten years, SKYW has achieved an annualized return of 16.49%, outperforming the Benchmark (SPY), which averaged 12.23% per year.
The table below presents the monthly returns of Skywest Inc (SKYW) with color gradation from worst to best to easily spot seasonal factors.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -3.98% | 6.75% | -9.02% | -1.60% | ||||||||
| 2025 | 20.58% | -15.11% | -12.14% | 2.97% | 13.63% | 2.14% | 11.01% | 7.31% | -16.02% | -2.13% | 0.38% | 0.85% |
| 2024 | 2.70% | 20.01% | 6.44% | 5.73% | 2.04% | 2.58% | -2.95% | -3.01% | 10.76% | 12.50% | 15.40% | -12.34% |
| 2023 | 23.65% | -7.61% | 16.68% | 28.64% | 5.99% | 36.55% | 8.97% | 3.16% | -7.70% | 0.98% | 11.22% | 10.92% |
| 2022 | -4.05% | -26.57% | 3.81% | 0.83% | -7.35% | -22.36% | 13.11% | -10.88% | -22.90% | 7.87% | 2.67% | -11.19% |
| 2021 | -2.79% | 42.06% | -6.84% | -9.73% | -1.80% | -13.46% | -6.88% | 13.73% | 6.54% | -14.72% | -9.48% | -3.23% |
| 2020 | -15.32% | -18.20% | -42.46% | 25.05% | 8.75% | 0.71% | -20.49% | 27.66% | -9.68% | -3.62% | 46.42% | -8.51% |
| 2019 | 17.78% | 2.35% | 0.17% | 13.01% | -5.00% | 3.69% | -0.56% | -9.58% | 0.95% | 3.39% | 4.57% | 2.67% |
| 2018 | 4.99% | -1.62% | -0.64% | 4.79% | 0.53% | -9.50% | 16.20% | 9.20% | -9.94% | -3.03% | -23.84% | |
| 2017 | -4.19% | -1.40% | -3.79% | 8.77% | -8.53% | 1.59% | 3.69% | -5.58% | 25.97% | 6.80% | 9.35% | 2.21% |
| 2016 | 19.35% | -2.64% | 12.40% | 8.28% | -2.86% | -6.84% | 15.25% | 22.43% | -0.82% |
The charts below present risk-adjusted performance metrics for Skywest Inc (SKYW) and compare them to a Benchmark (SPY). These indicators evaluate an investment's returns against its associated risks.
The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.
These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns.
The chart below shows the rolling Sharpe ratio of SKYW compared to the benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.
The current Skywest Inc volatility is 2.48%, representing the standart deviation of percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
The Drawdowns chart displays portfolio losses from any high point along the way. It shows the maximum percentage drop from a peak to a trough over a specified period, indicating the risk of significant losses.
Although chart shows positive values, it represents the percentage drop from the peak, so a value of 10% means the portfolio has dropped 10% from its highest point.
The income statement provides a summary of a company's revenues, expenses, and profits over a specific period. It shows how much money the company earned (revenues) and how much it spent (expenses), leading to the net income or profit. This statement is crucial for understanding a company's financial performance and profitability.
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Liabilities And Equity (USD) | 7.39B | 7.14B | 7.03B | 7.41B | 7.13B | 6.89B | 6.66B | 6.31B | 5.46B | 5.14B | 4.80B | 4.41B | 4.23B | 4.25B | 4.28B |
| Equity Attributable To Parent (USD) | 2.75B | 2.41B | 2.11B | 2.35B | 2.27B | 2.14B | 2.18B | 1.96B | 1.75B | 1.35B | 1.51B | 1.40B | 1.43B | 1.39B | 1.33B |
| Equity Attributable To Noncontrolling Interest (USD) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Equity (USD) | 2.75B | 2.41B | 2.11B | 2.35B | 2.27B | 2.14B | 2.18B | 1.96B | 1.75B | 1.35B | 1.51B | 1.40B | 1.43B | 1.39B | 1.33B |
| Other Non-current Liabilities (USD) | - | - | - | - | - | - | - | - | - | 493.53M | 596.26M | 579.42M | 707.25M | 634.02M | 508.11M |
| Long-term Debt (USD) | - | - | - | - | - | - | - | - | - | 2.55B | 1.95B | 1.75B | 1.47B | 1.64B | 1.82B |
| Noncurrent Liabilities (USD) | 2.97B | 3.30B | 3.66B | 3.89B | 3.66B | 3.81B | 3.56B | 3.42B | 2.88B | 3.04B | 2.55B | 2.33B | 2.18B | 2.28B | 2.32B |
| Other Current Liabilities (USD) | 793.02M | 1.20B | 589.16M | 564.26M | 547.71M | 537.10M | 506.35M | 431.24M | 377.55M | 366.17M | 333.23M | 275.36M | 241.94M | 247.40M | 290.38M |
| Wages (USD) | 240.95M | 226.77M | 194.88M | 186.29M | 150.58M | 125.94M | 133.86M | 161.61M | 154.37M | 139.89M | 138.29M | 138.90M | 133.00M | 121.35M | 112.99M |
| Accounts Payable (USD) | 633.63M | - | 470.25M | 422.00M | 496.33M | 278.68M | 284.47M | 331.98M | 288.90M | 241.22M | 279.86M | 270.10M | 245.52M | 222.67M | 220.78M |
| Current Liabilities (USD) | 1.67B | 1.43B | 1.25B | 1.17B | 1.19B | 941.72M | 924.68M | 924.83M | 820.83M | 747.27M | 751.39M | 684.36M | 620.46M | 591.43M | 624.15M |
| Liabilities (USD) | 4.64B | 4.73B | 4.91B | 5.07B | 4.86B | 4.75B | 4.48B | 4.35B | 3.70B | 3.79B | 3.30B | 3.01B | 2.80B | 2.87B | 2.95B |
| Other Non-current Assets (USD) | 452.09M | 435.39M | 411.43M | 494.79M | 558.76M | 542.77M | 502.10M | 104.84M | 44.32M | 41.72M | 74.89M | 84.99M | 101.99M | 92.35M | 98.47M |
| Non-current Prepaid Expenses (USD) | - | - | - | - | - | - | - | 181.83M | 230.92M | 218.51M | 229.18M | - | - | - | - |
| Intangible Assets (USD) | - | - | - | - | - | - | - | - | 4.90M | 8.25M | 10.50M | 12.75M | 15.00M | 17.25M | 19.50M |
| Fixed Assets (USD) | 5.84B | 5.59B | 5.48B | 5.55B | 5.50B | 5.36B | 5.39B | 5.01B | 4.18B | 3.82B | 3.47B | 3.02B | 2.65B | 2.71B | 2.88B |
| Noncurrent Assets (USD) | 6.30B | 6.02B | 5.89B | 6.04B | 6.06B | 5.90B | 5.90B | 5.29B | 4.46B | 4.09B | 3.79B | 3.12B | 2.77B | 2.82B | 3.00B |
| Other Current Assets (USD) | - | 994.27M | 1.05B | 1.27B | 1.00B | 948.30M | 677.35M | 956.60M | 952.40M | 1.00B | 955.41M | 1.21B | 1.35B | 1.30B | 1.15B |
| Accounts Receivable (USD) | - | 122.80M | 82.90M | 100.50M | 65.30M | 34.50M | 83.00M | 64.19M | 42.73M | 46.92M | 62.16M | 83.10M | 111.19M | 130.10M | 130.51M |
| Current Assets (USD) | 1.09B | 1.12B | 1.13B | 1.37B | 1.07B | 982.80M | 760.35M | 1.02B | 995.13M | 1.05B | 1.02B | 1.29B | 1.46B | 1.43B | 1.28B |
| Assets (USD) | 7.39B | 7.14B | 7.03B | 7.41B | 7.13B | 6.89B | 6.66B | 6.31B | 5.46B | 5.14B | 4.80B | 4.41B | 4.23B | 4.25B | 4.28B |
The airline industry faces challenges such as high labor costs, production delays at Boeing, and weak pricing power. However, upbeat passenger volumes provide a tailwind. Investors may want to consider stocks like Copa Holdings, SkyWest, and JetBlue Airways.
Union Pacific's cost-cutting measures, such as deploying longer trains and increasing freight car velocity, have improved efficiency and boosted its bottom line. However, the freight market downturn is adversely impacting the company's performance, with weak freight demand and declining freight revenues.
Allegiant Travel Company's CEO Maurice J. Gallagher will retire in September 2024, and the current president, Gregory C. Anderson, will succeed him as the new CEO. Anderson has extensive experience and is expected to guide the company through the post-pandemic recovery.
Air Transport Services Group's (ATSG) top line is hindered by weak segmental performance, with declining revenues in its Cargo Aircraft Management and ACMI Services segments. The company is facing various challenges, including reduced demand and liquidity issues, which have diminished its attractiveness as an investment opportunity.
SkyWest shares are trading lower due to a decline in airline stocks, particularly Delta Air Lines, following mixed second-quarter earnings. As SkyWest operates a substantial number of regional flights for Delta, its stock price is affected by Delta's performance.
SkyWest, a regional airline in the United States, is the Bull of the Day. Analysts have been increasing their earnings estimates for the company, forecasting strong revenue growth and a low valuation compared to the broader market.
A record spike in travel numbers is expected in the US over the Independence Day holiday period due to a rise in disposable income and a resilient labor market. This bodes well for stocks like SkyWest, Royal Caribbean Cruises, and Hilton.
Ryanair's (RYAAY) load factor for June 2024 remained flat at 95%.
Upbeat air travel demand is likely to keep airline stocks like SkyWest (SKYW), United Airlines (UAL) and Alaska Air (ALK) in good shape in the second half of 2024.
FedEx's (FDX) bottom line is bolstered by reduced structural cost initiatives. Efforts to reward shareholders are commendable. However, FedEx grapples with geopolitical uncertainties and higher inflation.