SkyWest, Inc. (SKYW) is a Industrials stock trading at $96.03 (as of 2026-09-15), with a market capitalization of $3.73B and a trailing P/E of 11.7. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.
SkyWest, Inc. operates a regional airline in the United States through its SkyWest Airlines and SkyWest Leasing segments. It provides scheduled passenger and air freight service and offers aircraft and spare engine leasing to third parties, as well as airport customer and ground handling services for other airlines.
SkyWest flies regional routes under contract for United and Delta, earning a fixed fee per seat-mile while the hub carrier handles branding, route planning, and ticketing. Nearly all revenue comes from these flying agreements, with a small aircraft and engine leasing side, making SkyWest a fixed-price capacity provider that absorbs fuel and maintenance cost swings.
Major airlines pay SkyWest a fixed per-seat-mile fee for capacity, but SkyWest bears 100% of fuel, crew, and MRO cost swings, so any spike that cannot be fully passed through into fares lands directly on the operating margin.
| Flying Agreements | $1.0B |
| Lease and Other | $0.0B |
Business quality (Mixed): A 14% operating margin is respectable for a regional carrier, but the fixed-price contract model means margins ride directly on fuel and MRO cost management rather than pricing power. The 9.6x P/E (44% below the 17x industry average) reflects that structural vulnerability.
Valuation: At 10× earnings, SKYW trades 44% below the Transportation average (17×). Note: the low multiple may reflect one-time earnings items.
| Price | $96.03 |
| Market Cap | $3.73B |
| P/E Ratio | 11.7 |
| EV / EBITDA | 6.2 |
| Price / Book | 1.35 |
| Price / Sales | 0.89 |
| FCF Yield | 28.0% |
| DCF Value (model) | $107.51 |
| DCF Upside vs Price | 12.0% |
| Revenue (TTM) | $4.06B |
| Net Margin | 10.6% |
| Return on Equity | 11.5% |
| Debt / Equity | 0.83 |
| Current Ratio | 0.57 |
| Revenue Growth (YoY) | 6.5% |
| EPS Growth (YoY) | -14.4% |
| FCF Growth (YoY) | 141.4% |
| Altman Z-Score | 1.81 (grey) |
| Stock P/E | 11.7 |
| Sector P/E (Industrials) | 26.1 |
| Industry P/E (Transportation) | 21.8 |
| vs Sector | -55.2% |
| vs Industry | -46.3% |
| Top Institutional Holder | BlackRock, Inc. ($682.53M) |
| Institutional Holders Tracked | 10 |
| Sector | Industrials |
| Industry | Transportation |
| CEO | Russell A. Childs |
| Employees | 12,876 |
| Country | US |
| IPO Date | 1986-06-26 |
Data as of 2026-09-15.
Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.