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Skywest Inc. (SKYW) Fundamental Analysis & AI Grade 2026

SKYW Nasdaq Air Transportation, Scheduled UT CIK: 0000793733
Update Pending • Analysis: Apr 29, 2026 • SEC Data: 2026-03-31
Combined AI Grade
B
58% Confidence
N/A
B
58% Conf
Pending
Analysis scheduled

📊 SKYW Key Takeaways

Revenue: $1.0B
Net Margin: 10.0%
Free Cash Flow: $130.4M
Current Ratio: 0.62x
Debt/Equity: 0.88x
EPS: $2.50
AI Grade: B with 58% confidence
Skywest Inc. (SKYW) receives a B fundamental grade with 58% confidence from our AI analysis based on SEC 10-K filings. With revenue of $1.0B, net profit margin of 10.0%, and return on equity (ROE) of 3.7%, Skywest Inc. demonstrates mixed fundamentals in the Transportation sector. Below is our complete SKYW stock analysis for 2026.

Is Skywest Inc. (SKYW) a Good Investment?

Claude

SkyWest demonstrates revenue growth momentum at 15% YoY but concerning margin compression as net income remained flat, indicating rising costs outpace revenue expansion. Weak balance sheet liquidity (0.62x current ratio) and poor capital efficiency (3.7% ROE, 1.4% ROA) are significant concerns for a capital-intensive airline, though positive free cash flow of $130.4M provides some operational stability.

Skywest Inc. Key Strengths (SKYW)

Claude
  • + Strong revenue growth of 15% YoY indicating market demand
  • + Healthy operating cash flow of $144.5M and free cash flow of $130.4M with 12.9% FCF margin
  • + Positive profitability with 10.0% net margin and 12.2% operating margin

SKYW Stock Risks: Skywest Inc. Investment Risks

Claude
  • ! Net income flat (+0% YoY) despite 15% revenue growth signals significant margin compression and cost control challenges
  • ! Critical liquidity position with current ratio of 0.62x indicates current liabilities exceed current assets
  • ! Extremely poor capital efficiency (ROE 3.7%, ROA 1.4%) and elevated debt burden of $2.4B relative to $2.7B equity in capital-intensive airline industry

Key Metrics to Watch

Claude
  • * Net income growth rate relative to revenue growth - profitability trajectory is key
  • * Current ratio and working capital trends - liquidity stress must be monitored
  • * Debt refinancing needs and interest coverage sustainability given 4.1x coverage ratio

Skywest Inc. (SKYW) Financial Metrics & Key Ratios

Revenue
$1.0B
Net Income
$101.7M
EPS (Diluted)
$2.50
Free Cash Flow
$130.4M
Total Assets
$7.3B
Cash Position
$65.8M

💡 AI Analyst Insight

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

SKYW Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin 12.2%
Net Margin 10.0%
ROE 3.7%
ROA 1.4%
FCF Margin 12.9%

SKYW vs Transportation Sector: How Skywest Inc. Compares

How Skywest Inc. compares to Transportation sector averages

Net Margin
SKYW 10.0%
vs
Sector Avg 10.0%
SKYW Sector
ROE
SKYW 3.7%
vs
Sector Avg 18.0%
SKYW Sector
Current Ratio
SKYW 0.6x
vs
Sector Avg 1.0x
SKYW Sector
Debt/Equity
SKYW 0.9x
vs
Sector Avg 1.0x
SKYW Sector

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

Is Skywest Inc. Stock Overvalued? SKYW Valuation Analysis 2026

Based on fundamental analysis, Skywest Inc. has mixed fundamental signals relative to the Transportation sector in 2026.

Return on Equity
3.7%
Sector avg: 18%
Net Profit Margin
10.0%
Sector avg: 10%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.88x
Sector avg: 1x

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.

Skywest Inc. Balance Sheet: SKYW Debt, Cash & Liquidity

Current Ratio
0.62x
Quick Ratio
0.62x
Debt/Equity
0.88x
Debt/Assets
0.0%
Interest Coverage
4.15x
Long-term Debt
$2.4B

SKYW Revenue & Earnings Growth: 5-Year Financial Trend

SKYW 5-year financial data: Year 2021: Revenue $3.0B, Net Income N/A, EPS $6.62. Year 2022: Revenue $3.0B, Net Income N/A, EPS $-0.17. Year 2023: Revenue $3.0B, Net Income N/A, EPS $2.20. Year 2024: Revenue $3.5B, Net Income N/A, EPS $1.44. Year 2025: Revenue $4.1B, Net Income $34.3M, EPS $0.77.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Skywest Inc.'s revenue has grown significantly by 37% over the 5-year period, indicating strong business expansion. The most recent EPS of $0.77 reflects profitable operations.

SKYW 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
12.9%
Free cash flow / Revenue

SKYW Quarterly Earnings & Performance

Quarterly financial performance data for Skywest Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $948.5M $100.6M $2.42
Q3 2025 $912.8M $60.3M $2.16
Q2 2025 $867.1M $60.3M $1.82
Q1 2025 $803.6M N/A $1.45
Q3 2024 $766.2M N/A $0.37
Q2 2024 $725.6M N/A $-0.14
Q1 2024 $691.8M N/A $-0.45
Q3 2023 $766.2M N/A $0.37

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

Skywest Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$144.5M
Cash generated from operations
Stock Buybacks
$8.8M
Shares repurchased (TTM)
Capital Expenditures
$14.0M
Investment in assets
Dividends Paid
$13.1M
Returned to shareholders

SKYW SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Skywest Inc. (CIK: 0000793733)

📋 Recent SEC Filings

Date Form Document Action
May 7, 2026 4 xslF345X06/form4-05072026_100510.xml View →
May 7, 2026 4 xslF345X06/form4-05072026_100523.xml View →
May 7, 2026 4 xslF345X06/form4-05072026_100545.xml View →
May 7, 2026 4 xslF345X06/form4-05072026_100519.xml View →
May 7, 2026 4 xslF345X06/form4-05072026_100556.xml View →

Frequently Asked Questions about SKYW

What is the AI rating for SKYW?

Skywest Inc. (SKYW) has an AI grade of B with 58% confidence, based on fundamental analysis of SEC EDGAR filings.

What are SKYW's key strengths?

Claude: Strong revenue growth of 15% YoY indicating market demand. Healthy operating cash flow of $144.5M and free cash flow of $130.4M with 12.9% FCF margin.

What are the risks of investing in SKYW?

Claude: Net income flat (+0% YoY) despite 15% revenue growth signals significant margin compression and cost control challenges. Critical liquidity position with current ratio of 0.62x indicates current liabilities exceed current assets.

What is SKYW's revenue and growth?

Skywest Inc. reported revenue of $1.0B.

Does SKYW pay dividends?

Skywest Inc. pays dividends, with $13.1M distributed to shareholders in the trailing twelve months.

Where can I find SKYW SEC filings?

Official SEC filings for Skywest Inc. (CIK: 0000793733) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is SKYW's EPS?

Skywest Inc. has a diluted EPS of $2.50.

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 grade reflects both perspectives for balanced insights.

What is SKYW's fundamental grade?

Based on our AI fundamental analysis in May 2026, Skywest Inc. has a B grade with 58% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is SKYW stock overvalued or undervalued?

Valuation metrics for SKYW: ROE of 3.7% (sector avg: 18%), net margin of 10.0% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.

What is SKYW's AI grade for 2026?

Our dual AI analysis gives Skywest Inc. a combined B grade for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.

What is SKYW's free cash flow?

Skywest Inc.'s operating cash flow is $144.5M, with capital expenditures of $14.0M. FCF margin is 12.9%.

How does SKYW compare to other Transportation stocks?

Vs Transportation sector averages: Net margin 10.0% (avg: 10%), ROE 3.7% (avg: 18%), current ratio 0.62 (avg: 1).

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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 29, 2026 | Data as of: 2026-03-31 | Powered by Claude AI