SkyWest Financial Statements From 2010 to 2024

SKYW Stock  USD 69.13  1.10  1.62%   
SkyWest financial statements provide useful quarterly and yearly information to potential SkyWest investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on SkyWest financial statements helps investors assess SkyWest's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting SkyWest's valuation are summarized below:
Gross Profit
893.9 M
Profit Margin
0.0117
Market Capitalization
2.7 B
Enterprise Value Revenue
1.7002
Revenue
2.9 B
There are over one hundred nineteen available fundamental trend indicators for SkyWest, which can be analyzed over time and compared to other ratios. All traders should should double-check SkyWest's current fundamental trends against the trends from 2010 to 2024 to make sure the company is sustainable. Enterprise Value is likely to climb to about 3.6 B in 2024, whereas Market Cap is likely to drop slightly above 445.2 M in 2024.

SkyWest Total Revenue

1.81 Billion

Check SkyWest financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SkyWest main balance sheet or income statement drivers, such as Depreciation And Amortization of 402.3 M, Interest Expense of 139.1 M or Total Revenue of 1.8 B, as well as many exotic indicators such as Price To Sales Ratio of 0.81, Dividend Yield of 0.0015 or PTB Ratio of 1.54. SkyWest financial statements analysis is a perfect complement when working with SkyWest Valuation or Volatility modules.
  
This module can also supplement SkyWest's financial leverage analysis and stock options assessment as well as various SkyWest Technical models . Check out the analysis of SkyWest Correlation against competitors.
For more information on how to buy SkyWest Stock please use our How to Invest in SkyWest guide.

SkyWest Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets7.8 B7.5 B5.5 B
Slightly volatile
Short and Long Term Debt Total3.2 B3.1 B2.4 B
Slightly volatile
Other Current Liabilities177.8 M259.8 M387.7 M
Pretty Stable
Total Current Liabilities1.3 B1.3 B838.3 M
Slightly volatile
Total Stockholder Equity2.2 B2.1 B1.7 B
Slightly volatile
Property Plant And Equipment Net5.8 B5.6 B4.1 B
Slightly volatile
Net Debt3.1 B2.9 B2.1 B
Slightly volatile
Retained Earnings2.4 B2.3 B1.6 B
Slightly volatile
Cash161.3 M148.3 M269.5 M
Pretty Stable
Non Current Assets Total6.7 B6.3 B4.4 B
Slightly volatile
Cash And Short Term Investments444.4 M835.2 M634.6 M
Slightly volatile
Net Receivables52.9 M84.1 M77.1 M
Pretty Stable
Common Stock Shares Outstanding51.5 M44.6 M48.8 M
Slightly volatile
Liabilities And Stockholders Equity7.8 B7.5 B5.5 B
Slightly volatile
Non Current Liabilities Total4.3 B4.1 BB
Slightly volatile
Inventory66.7 M127.1 M109 M
Pretty Stable
Other Current Assets125.6 M85.5 M270 M
Pretty Stable
Total Liabilities5.6 B5.4 B3.8 B
Slightly volatile
Property Plant And Equipment Gross9.2 B8.8 B4.9 B
Slightly volatile
Total Current Assets718.6 M1.1 BB
Very volatile
Short Term Debt486.4 M463.2 M303.6 M
Slightly volatile
Intangible Assets5.3 M5.6 M8.3 M
Slightly volatile
Accounts Payable493.8 M470.3 M303.4 M
Slightly volatile
Common Stock Total Equity491 M844.6 M625.9 M
Slightly volatile
Short Term Investments422.1 M686.9 M482.5 M
Slightly volatile
Common Stock437.2 M754.4 M576.6 M
Slightly volatile
Other Assets410.8 M391.2 M276.3 M
Slightly volatile
Long Term Debt1.8 B2.6 BB
Slightly volatile
Property Plant Equipment6.7 B6.4 B4.2 B
Slightly volatile
Other LiabilitiesB993.6 M585.1 M
Slightly volatile
Net Tangible AssetsB2.8 B1.8 B
Slightly volatile
Retained Earnings Total Equity1.7 B2.6 B1.6 B
Slightly volatile
Long Term Debt Total2.4 B3.4 B2.2 B
Slightly volatile
Deferred Long Term Liabilities542.3 M618.4 M664.1 M
Slightly volatile
Non Current Liabilities Other246.1 M341.3 M213.7 M
Slightly volatile
Long Term Investments28.9 M27.5 M15.8 M
Slightly volatile
Short and Long Term Debt383.5 M443.9 M314.5 M
Slightly volatile
Net Invested Capital3.6 B5.1 B4.4 B
Pretty Stable
Capital Stock787.1 M754.4 M707.2 M
Slightly volatile
Capital Lease Obligations82.4 M86.7 M293 M
Slightly volatile

SkyWest Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization402.3 M383.1 M310.3 M
Slightly volatile
Interest Expense139.1 M132.4 M96.4 M
Slightly volatile
Total Revenue1.8 B2.9 B2.8 B
Very volatile
Other Operating Expenses1.7 B2.8 B2.6 B
Very volatile
EBITDA511.5 M487.2 M282.6 M
Slightly volatile
Cost Of Revenue1.4 B2.6 B2.4 B
Very volatile
Selling General Administrative1.8 B1.8 B1.3 B
Slightly volatile
Selling And Marketing Expenses3.9 M4.1 M5.9 M
Slightly volatile
Extraordinary Items298.1 M283.9 M236.8 M
Slightly volatile
Non Recurring278.3 M535.5 M318.3 M
Slightly volatile
Interest Income42 M40 M38.6 M
Slightly volatile
Reconciled Depreciation422.4 M383.1 M344 M
Slightly volatile

SkyWest Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow124.2 M103 M155.5 M
Slightly volatile
Depreciation402.3 M383.1 M310.4 M
Slightly volatile
Capital Expenditures331.7 M316.3 M534 M
Slightly volatile
Total Cash From Operating Activities773.2 M736.3 M508.4 M
Slightly volatile
End Period Cash Flow127.4 M148.3 M158.2 M
Slightly volatile
Stock Based Compensation18 M17.1 M8.5 M
Slightly volatile
Issuance Of Capital Stock3.1 M2.8 M4.5 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.810.78140.5677
Slightly volatile
Dividend Yield0.00150.00160.0086
Slightly volatile
PTB Ratio1.541.08521.1289
Pretty Stable
Days Sales Outstanding15.3110.451511.5392
Slightly volatile
Book Value Per Share50.548.099734.0728
Slightly volatile
Invested Capital0.781.43151.3518
Very volatile
Operating Cash Flow Per Share17.616.757710.2787
Slightly volatile
Stock Based Compensation To Revenue0.00610.00580.0032
Slightly volatile
PB Ratio1.541.08521.1289
Pretty Stable
EV To Sales0.911.78451.2362
Slightly volatile
Inventory Turnover15.7520.164921.689
Slightly volatile
Days Of Inventory On Hand21.7118.100717.1137
Slightly volatile
Payables Turnover5.185.45089.3921
Slightly volatile
Sales General And Administrative To Revenue0.390.370.3888
Slightly volatile
Cash Per Share19.9619.008315.423
Slightly volatile
POCF Ratio5.243.1153.2003
Pretty Stable
Days Payables Outstanding70.3166.962744.6078
Slightly volatile
EV To Operating Cash Flow6.137.11397.3307
Pretty Stable
Net Debt To EBITDA3.916.043910.1612
Pretty Stable
Current Ratio0.860.90241.4022
Slightly volatile
Tangible Book Value Per Share50.548.099733.963
Slightly volatile
Receivables Turnover26.1834.923237.3355
Pretty Stable
Graham Number17.6629.083436.1552
Slightly volatile
Shareholders Equity Per Share50.548.099734.0728
Slightly volatile
Debt To Equity0.781.43151.3518
Very volatile
Revenue Per Share70.1566.805557.5917
Pretty Stable
Interest Debt Per Share75.4671.866650.1295
Slightly volatile
Debt To Assets0.280.40510.4242
Very volatile
Enterprise Value Over EBITDA8.4210.751916.5528
Pretty Stable
Short Term Coverage Ratios1.511.58971.7593
Pretty Stable
Operating Cycle37.0328.552328.6536
Pretty Stable
Price Book Value Ratio1.541.08521.1289
Pretty Stable
Days Of Payables Outstanding70.3166.962744.6078
Slightly volatile
Price To Operating Cash Flows Ratio5.243.1153.2003
Pretty Stable
Company Equity Multiplier2.073.53343.1212
Pretty Stable
Long Term Debt To Capitalization0.340.5480.532
Pretty Stable
Total Debt To Capitalization0.360.58870.5646
Pretty Stable
Debt Equity Ratio0.781.43151.3518
Very volatile
Quick Ratio0.70.73291.0952
Slightly volatile
Net Income Per E B T0.570.8520.8146
Pretty Stable
Cash Ratio0.110.11820.3782
Slightly volatile
Operating Cash Flow Sales Ratio0.130.25080.1705
Slightly volatile
Days Of Inventory Outstanding21.7118.100717.1137
Slightly volatile
Days Of Sales Outstanding15.3110.451511.5392
Slightly volatile
Cash Flow Coverage Ratios0.230.24340.2315
Pretty Stable
Price To Book Ratio1.541.08521.1289
Pretty Stable
Fixed Asset Turnover0.50.5271.0747
Slightly volatile
Price Cash Flow Ratio5.243.1153.2003
Pretty Stable
Enterprise Value Multiple8.4210.751916.5528
Pretty Stable
Debt Ratio0.280.40510.4242
Very volatile
Cash Flow To Debt Ratio0.230.24340.2315
Pretty Stable
Price Sales Ratio0.810.78140.5677
Slightly volatile
Asset Turnover0.370.39310.684
Slightly volatile
Price Fair Value1.541.08521.1289
Pretty Stable

SkyWest Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap445.2 M751.1 M1.5 B
Pretty Stable
Enterprise Value3.6 B3.5 B3.6 B
Slightly volatile

SkyWest Fundamental Market Drivers

Cash And Short Term Investments835.2 M

SkyWest Upcoming Events

1st of February 2024
Upcoming Quarterly Report
View
25th of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
1st of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About SkyWest Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include SkyWest income statement, its balance sheet, and the statement of cash flows. SkyWest investors use historical funamental indicators, such as SkyWest's revenue or net income, to determine how well the company is positioned to perform in the future. Although SkyWest investors may use each financial statement separately, they are all related. The changes in SkyWest's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on SkyWest's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on SkyWest Financial Statements. Understanding these patterns can help to make the right decision on long term investment in SkyWest. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue61 M64 M
Total Revenue2.9 B1.8 B
Cost Of Revenue2.6 B1.4 B
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.37  0.39 
Research And Ddevelopement To Revenue 0.00  0.00 
Capex To Revenue(0.11)(0.11)
Revenue Per Share 66.81  70.15 
Ebit Per Revenue 0.04  0.03 

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When determining whether SkyWest is a strong investment it is important to analyze SkyWest's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SkyWest's future performance. For an informed investment choice regarding SkyWest Stock, refer to the following important reports:
Check out the analysis of SkyWest Correlation against competitors.
For more information on how to buy SkyWest Stock please use our How to Invest in SkyWest guide.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

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Is SkyWest's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SkyWest. If investors know SkyWest will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SkyWest listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.42)
Earnings Share
0.77
Revenue Per Share
66.805
Quarterly Revenue Growth
0.104
Return On Assets
0.0092
The market value of SkyWest is measured differently than its book value, which is the value of SkyWest that is recorded on the company's balance sheet. Investors also form their own opinion of SkyWest's value that differs from its market value or its book value, called intrinsic value, which is SkyWest's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SkyWest's market value can be influenced by many factors that don't directly affect SkyWest's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SkyWest's value and its price as these two are different measures arrived at by different means. Investors typically determine if SkyWest is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SkyWest's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.