Is SkyWest (SKYW) overvalued or fairly valued?

MarketChacha shows SkyWest's valuation in context — a trailing P/E of about 8.6, a forward P/E of about 7.5, a price-to-book of about 1.3 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does SkyWest's reported profit turn into cash?

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (3.02×) from reported figures — education, not a rating.

What is SkyWest's revenue?

SkyWest reported revenue of $4.1B for FY2025, with net profit of $428.3M, per official filings.

What is the share price of SkyWest (SKYW)?

SkyWest last traded at $92.32 (+2.1% on the day), as of 10/20/2026 — a delayed quote shown for education, not investment advice.

SkyWest

SKYW · NYSE · Industrials · United States

Snapshot

TickerSKYW

ExchangeNYSE

SectorIndustrials

IndustryAirlines

CountryUnited States

Employees13,818

HeadquartersSaint George, United States

Websiteskywest.com

Filings tracked10

About SkyWest

SkyWest, Inc., through its subsidiaries, engages in the operation of a regional airline in the United States. It operates through SkyWest Airlines and SWC; and SkyWest Leasing segments. The company is also involved in leasing regional jet aircraft and spare engines to third parties and provision of on-demand charter service, airport customer service, and ground handling services for other airlines. As of December 31, 2025, its fleet consisted of 637 aircraft, including 487 aircraft in scheduled service and air freight services with approximately 2,260 total daily departures to various destinations in the United States, Canada, and Mexico. SkyWest, Inc. was incorporated in 1972 and is headquartered in Saint George, Utah.

Who owns it

Insiders1.3%
Institutions96.0%
Public & other2.6%

478 institutional holders

Ownership breakdown from public market data.

Top holders

Blackrock Inc.17.70%
Vanguard Portfolio Management LLC7.66%
Dimensional Fund Advisors LP6.61%
American Century Companies Inc5.80%
FMR, LLC4.52%
Vanguard Capital Management LLC4.52%
State Street Corporation4.27%
Fuller & Thaler Asset Management Inc.3.02%

Largest institutional holders — last updated 6/30/2026.

Forensic scorecard

No major accounting red flags in the fundamentals we have — profit is backed by cash and returns look healthy.

Cash conversion3.02×

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Net margin trend1.2% → 10.6%

Margin has expanded by about 9.4 points — the business is getting more profitable.

Return on equity15.6%

Latest ROE of 15.6% — capital is generating a healthy return.

Growth qualityrev 18% · PAT 253%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $1.1B · EPS 2.50

Est. earnings growth +13.2%

Next fiscal year

Rev $4.6B · EPS 12.12

Est. earnings growth +14.6%

Analyst consensus estimates — not the company's own guidance.

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Revenue (FY2025)

$4.1B

Net margin

10.6%

ROE

15.6%

Revenue CAGR (2y)

+17.6%

Profit CAGR (2y)

+253.2%

EPS (FY2025)

10.35

Net profit (FY2025)

$428.3M

Ask MarketChacha about SKYW

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2025	$4.1B	$428.3M	10.35	10.6%	15.6%
FY2024	$3.5B	$323.0M	7.77	9.2%	13.4%
FY2023	$2.9B	$34.3M	0.77	1.2%	1.6%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q2	$1.1B	$100.7M	2.54	9.1%
2026Q1	$1.0B	$101.7M	2.50	10.0%
2025Q3	$1.1B	$116.4M	2.81	11.1%
2025Q2	$1.0B	$120.3M	2.91	11.6%
2025Q1	$948.5M	$100.6M	2.42	10.6%
2024Q3	$912.8M	$89.7M	2.16	9.8%
2024Q2	$867.1M	$75.6M	1.82	8.7%
2024Q1	$803.6M	$60.3M	1.45	7.5%
2023Q3	$766.2M	—	0.55	—
2023Q2	$725.6M	—	0.35	—
2023Q1	$691.8M	—	-0.45	—

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

10-Q filing
SEC7/24/2026
8-K — Results of operations, Other events, Exhibits
SEC7/23/2026material
8-K — Shareholder vote results
SEC5/7/2026material
10-Q filing
SEC4/24/2026
8-K — Results of operations, Exhibits
SEC4/23/2026material
10-K filing
SEC2/17/2026
8-K — Results of operations, Exhibits
SEC1/29/2026material

2025

10-Q filing
SEC10/31/2025
8-K — Results of operations, Exhibits
SEC10/30/2025material
10-Q filing
SEC7/25/2025

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.