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Sky Harbour Group Corp (SKYH-WT) Stock Fundamental Analysis & AI Rating 2026

SKYH-WT NYSE Real Estate DE CIK: 0001823587
Recently Updated • Analysis: Apr 16, 2026 • SEC Data: 2025-12-31
STRONG SELL
88% Conf
Pending
Analysis scheduled

📊 SKYH-WT Key Takeaways

Revenue: $27.5M
Net Margin: 68.3%
Free Cash Flow: $-11.8M
Current Ratio: 0.03x
Debt/Equity: 1.09x
EPS: $0.09
AI Rating: STRONG SELL with 88% confidence
Sky Harbour Group Corp (SKYH-WT) receives a STRONG SELL rating with 88% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $27.5M, net profit margin of 68.3%, and return on equity (ROE) of 10.9%, Sky Harbour Group Corp demonstrates mixed fundamentals in the Real Estate sector. Below is our complete SKYH-WT stock analysis for 2026.

Is Sky Harbour Group Corp (SKYH-WT) a Good Investment?

Claude

Sky Harbour exhibits severe financial distress with a catastrophically low current ratio of 0.03x, indicating critical liquidity problems threatening near-term solvency. Despite 87% revenue growth, the company generated negative operating income of -28M and negative operating cash flow, revealing a fundamentally broken business model masked by non-operating gains. The inability to service debt from operations, combined with high leverage and negative free cash flow, creates acute restructuring or insolvency risk.

Why Buy Sky Harbour Group Corp Stock? SKYH-WT Key Strengths

Claude
  • + Strong revenue growth of 86.6% YoY demonstrates market demand
  • + Positive net income of $18.8M and 68.3% net margin (though earnings quality is poor)
  • + Substantial asset base of $593.2M in real estate provides recovery value

SKYH-WT Stock Risks: Sky Harbour Group Corp Investment Risks

Claude
  • ! Catastrophic liquidity crisis: current ratio of 0.03x indicates inability to meet short-term obligations
  • ! Negative operating income of -28M despite revenue growth reveals broken core business economics
  • ! Negative operating cash flow of -2.3M and free cash flow of -11.8M show cash burn despite growth
  • ! Interest coverage ratio of -20.6x means company cannot service debt from operations
  • ! Poor earnings quality: positive net income driven by non-operating items, not core operations
  • ! High leverage with debt-to-equity of 1.09x and only $20.7M cash against $421.2M total liabilities

Key Metrics to Watch

Claude
  • * Current and quick ratios for liquidity stabilization
  • * Operating income and operating cash flow trending toward positive
  • * Interest coverage ratio improvement and debt service capacity
  • * Quarterly revenue sustainability and operating margin expansion
  • * Cash runway and refinancing/capital raise announcements

Sky Harbour Group Corp (SKYH-WT) Financial Metrics & Key Ratios

Revenue
$27.5M
Net Income
$18.8M
EPS (Diluted)
$0.09
Free Cash Flow
$-11.8M
Total Assets
$593.2M
Cash Position
$20.7M

💡 AI Analyst Insight

The current ratio below 1.0x warrants monitoring of short-term liquidity.

SKYH-WT Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin -101.8%
Net Margin 68.3%
ROE 10.9%
ROA 3.2%
FCF Margin -43.0%

SKYH-WT vs Real Estate Sector: How Sky Harbour Group Corp Compares

How Sky Harbour Group Corp compares to Real Estate sector averages

Net Margin
SKYH-WT 68.3%
vs
Sector Avg 20.0%
SKYH-WT Sector
ROE
SKYH-WT 10.9%
vs
Sector Avg 8.0%
SKYH-WT Sector
Current Ratio
SKYH-WT 0.0x
vs
Sector Avg 1.5x
SKYH-WT Sector
Debt/Equity
SKYH-WT 1.1x
vs
Sector Avg 1.5x
SKYH-WT Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Sky Harbour Group Corp Stock Overvalued? SKYH-WT Valuation Analysis 2026

Based on fundamental analysis, Sky Harbour Group Corp appears fundamentally strong relative to the Real Estate sector in 2026.

Return on Equity
10.9%
Sector avg: 8%
Net Profit Margin
68.3%
Sector avg: 20%
Revenue Growth
N/A
Year-over-year
Debt/Equity
1.09x
Sector avg: 1.5x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Sky Harbour Group Corp Balance Sheet: SKYH-WT Debt, Cash & Liquidity

Current Ratio
0.03x
Quick Ratio
0.03x
Debt/Equity
1.09x
Debt/Assets
71.0%
Interest Coverage
-20.62x
Long-term Debt
$187.4M

SKYH-WT Revenue & Earnings Growth: 5-Year Financial Trend

SKYH-WT 5-year financial data: Year 2022: Revenue $1.8M, Net Income -$13.6M, EPS $0.00. Year 2023: Revenue $7.6M, Net Income -$3.2M, EPS $-0.23. Year 2024: Revenue $14.8M, Net Income -$16.2M, EPS $-0.98. Year 2025: Revenue $27.5M, Net Income -$45.2M, EPS $-1.76.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Sky Harbour Group Corp's revenue has grown significantly by 1,393% over the 5-year period, indicating strong business expansion. The most recent EPS of $-1.76 indicates the company is currently unprofitable.

SKYH-WT Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-43.0%
Free cash flow / Revenue

SKYH-WT Quarterly Earnings & Performance

Quarterly financial performance data for Sky Harbour Group Corp including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $4.1M -$1.9M $0.01
Q2 2025 $3.6M $5.8M $0.06
Q1 2025 $2.4M -$6.4M $-0.19
Q3 2024 $2.5M -$189.0K $-0.01
Q2 2024 $1.7M $778.0K $-0.03
Q1 2024 $1.1M -$6.2M $-0.41
Q3 2023 $431.0K -$189.0K $-0.01
Q2 2023 $409.0K $778.0K $-0.06

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Sky Harbour Group Corp Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$2.3M
Cash generated from operations
Capital Expenditures
$9.5M
Investment in assets
Dividends
None
No dividend program

SKYH-WT SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Sky Harbour Group Corp (CIK: 0001823587)

📋 Recent SEC Filings

Date Form Document Action
Apr 9, 2026 4 xslF345X06/rdgdoc.xml View →
Apr 9, 2026 4 xslF345X06/rdgdoc.xml View →
Apr 9, 2026 4 xslF345X06/rdgdoc.xml View →
Apr 8, 2026 4 xslF345X06/rdgdoc.xml View →
Mar 19, 2026 8-K ysac20260319_8k.htm View →

Frequently Asked Questions about SKYH-WT

What is the AI rating for SKYH-WT?

Sky Harbour Group Corp (SKYH-WT) has an AI rating of STRONG SELL with 88% confidence, based on fundamental analysis of SEC EDGAR filings.

What are SKYH-WT's key strengths?

Claude: Strong revenue growth of 86.6% YoY demonstrates market demand. Positive net income of $18.8M and 68.3% net margin (though earnings quality is poor).

What are the risks of investing in SKYH-WT?

Claude: Catastrophic liquidity crisis: current ratio of 0.03x indicates inability to meet short-term obligations. Negative operating income of -28M despite revenue growth reveals broken core business economics.

What is SKYH-WT's revenue and growth?

Sky Harbour Group Corp reported revenue of $27.5M.

Does SKYH-WT pay dividends?

Sky Harbour Group Corp does not currently pay dividends.

Where can I find SKYH-WT SEC filings?

Official SEC filings for Sky Harbour Group Corp (CIK: 0001823587) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is SKYH-WT's EPS?

Sky Harbour Group Corp has a diluted EPS of $0.09.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is SKYH-WT a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Sky Harbour Group Corp has a STRONG SELL rating with 88% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is SKYH-WT stock overvalued or undervalued?

Valuation metrics for SKYH-WT: ROE of 10.9% (sector avg: 8%), net margin of 68.3% (sector avg: 20%). Higher ROE suggests strong returns relative to peers.

Should I buy SKYH-WT stock in 2026?

Our dual AI analysis gives Sky Harbour Group Corp a combined STRONG SELL rating for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.

What is SKYH-WT's free cash flow?

Sky Harbour Group Corp's operating cash flow is $-2.3M, with capital expenditures of $9.5M. FCF margin is -43.0%.

How does SKYH-WT compare to other Real Estate stocks?

Vs Real Estate sector averages: Net margin 68.3% (avg: 20%), ROE 10.9% (avg: 8%), current ratio 0.03 (avg: 1.5).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 16, 2026 | Data as of: 2025-12-31 | Powered by Claude AI