SkyWest, Inc. (SKYW) Stock Price & Analysis
SkyWest, Inc. (SKYW) closed at USD 95.73 on Thursday, October 22, 2026, up 1.57% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 94.25; the Oct 22, 2026 session ranged USD 92.65–96.43 on volume of 248,071 shares. Market capitalization is $3.72B, with a 52-week range of USD 77.89–117.72 (NMS). Source: Nexqual, retrieved October 23, 2026 at 08:38 UTC.
Also available as compact Markdown for AI agents: nexqual.com/SKYW.md
Key facts (SKYW)
- Last four reported quarters (through Jun 30, 2026): revenue $4.19B, net income $410M (9.8% margin), free cash flow $864M (SEC filings).
- Valuation: P/E 9.1x (avg 30.1x at the last 3 fiscal year-ends), EV/EBITDA 5.7x, net debt $1.70B.
- Insider open-market sales, last ~7 months: 4 Form 4 filings, $12.9M; 4 not under a Rule 10b5-1 plan ($12.9M); 0 by opportunistic insiders, 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Analysts: Buy (mean 2.33 on a 1–5 scale) (6 analysts), mean target USD 125.33 (range 105–160).
- Total return with dividends: 1Y -3.4% vs S&P 500 +14.9%; 5Y +105.3% vs S&P 500 +80.3%.
- Next earnings: 2026-10-29, EPS estimate USD 3.07, revenue estimate $1.14B.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (SKYW)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $2.71B | $3.00B | $2.94B | $3.53B | $4.06B | $4.19B |
| Operating income | $276M | $181M | $104M | $495M | $618M | $588M |
| Net income | $112M | $73.0M | $34.3M | $323M | $428M | $410M |
| EPS (diluted) | $2.20 | $1.44 | $0.77 | $7.77 | $10.35 | — |
| Free cash flow | $814M | $467M | $723M | $648M | $908M | $864M |
| Operating margin | 10.2% | 6.0% | 3.5% | 14.0% | 15.2% | 14.0% |
| Net margin | 4.1% | 2.4% | 1.2% | 9.2% | 10.6% | 9.8% |
| Revenue growth | +27.6% | +10.7% | -2.3% | +20.2% | +15.0% | — |
| Cash + short-term investments | $860M | $1.05B | $835M | $802M | $707M | — |
| Total debt | $3.11B | $3.38B | $3.01B | $2.67B | $2.39B | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (SKYW)
P/E 9.1x · P/S 0.9x · EV/EBITDA 5.7x · EV/Sales 1.3x · P/FCF 4.3x · P/B 1.4x · FCF yield 23.24% · Earnings yield 11.03% · Net debt $1.70B · EV $5.41B
P/E at fiscal year-ends: Dec 2025 9.7x, Dec 2024 12.9x, Dec 2023 67.8x.
Insider sales (SEC Form 4, open-market, last ~7 months) (SKYW)
0 of 4 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-08-03 | Steel Wade J | CHIEF COMMERCIAL OFFICER | 22,000 | $2.5M | 25% | No | Too little history (no open-market trades in 2023) |
| 2026-07-30 | Wooley Greg | EXEC VP OPERATIONS | 17,726 | $1.9M | 24.9% | No | Too little history (no open-market trades in 2023) |
| 2026-07-29 | Simmons Robert J | CHIEF FINANCIAL OFFICER | 25,000 | $2.8M | 21% | No | Too little history (no open-market trades in 2023) |
| 2026-07-28 | Childs Russell A | PRESIDENT & CEO | 50,500 | $5.7M | 12.3% | No | Too little history (no open-market trades in 2023) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Analysts (SKYW)
Consensus Buy (mean 2.33 on a 1–5 scale), 6 analysts; mean target USD 125.33 (low 105, high 160).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-02 | TD Cowen | Target lowered | Buy | $123 → $116 |
| 2026-08-24 | TD Cowen | Target raised | Buy | $115 → $123 |
| 2026-07-02 | TD Cowen | Target raised | Buy | $98 → $115 |
| 2026-07-02 | Goldman Sachs | Downgrade | Buy → Neutral | $126 → $108 |
| 2026-06-26 | Citigroup | Target raised | Neutral | $95 → $105 |
Total return (dividends reinvested) (SKYW)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | -3.4% | +105.3% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | -3.4% | +15.4% |
| Volatility (annualized) | 37.2% | 40.1% |
| Max drawdown | -27.9% (Feb 2026→May 2026) | -68.4% (Nov 2021→Dec 2022) |
SKYW revenue by business segment (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Sky West Airlines | $940.7M | 85.3% | +8.2% |
| Skywest Leasing | $162.1M | 14.7% | -2.3% |
| Total revenue | $1.10B | 100% | — |
SKYW revenue by product line (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Flying Agreements | $1.06B | 96.5% | +7.8% |
| — Aircraft Operations (part of Flying Agreements) | $677.2M | 61.4% | -0.8% |
| — Prorate Agreements & Charter Revenue (part of Flying Agreements) | $200.8M | 18.2% | +38.1% |
| — Capacity Purchase Agreements Fixed Aircraft Lease Revenue (part of Flying Agreements) | $107.6M | 9.8% | +3.2% |
| — Capacity Purchase Agreements Variable Aircraft Lease Revenue (part of Flying Agreements) | $78.9M | 7.2% | +43.7% |
| Lease Airport Services & Other | $38.2M | 3.5% | -19.9% |
| Lease Airport Service & Other | $38.2M | 3.5% | -19.9% |
| Airport Customer Service & Other Revenue | $13.4M | 1.2% | -40.3% |
| Total revenue | $1.10B | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
SKYW suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Supplier | EMBRAER S.A. (EMBJ) | “As of December 31, 2025, our fleet consisted of aircraft manufactured by Embraer S.A. ("Embraer"), including the E175 regional jet aircraft ("E175"), and aircraft manufactured by MHI RJ Aviation ULC, formerly known as Bombardier Aerospace ("Bombardier"), including the Canadair CRJ900 regional jet aircraft ("CRJ900"), the Canadair CRJ700 regional jet aircraft ("CRJ700"), including a 50-seat configuration of the CRJ…” |
| Supplier | SkyWest Charter | “We purchase and incur expense for all fuel on flights operated under our prorate agreements and SWC.” |
| Customer | SkyWest Leasing | “SkyWest Leasing profit increased $9.4 million, or 3.2%, for the year ended December 31, 2025, compared to the year ended December 31, 2024, primarily due to an increase in revenue from maintenance services provided to third parties, a decrease in interest expense due to a decrease in outstanding debt from December 31, 2024 to December 31, 2025 and a decrease in depreciation and amortization expense primarily due t…” |
| Partner | United Airlines Holdings, Inc. (UAL) | “Our capacity purchase agreements with United, Delta, American and Alaska require the respective major airline partner to pay for fuel costs, either directly to the fuel vendor or to reimburse us for the fuel costs we incur under those agreements, thereby reducing our exposure to fuel price fluctuations.” |
| Partner | DELTA AIR LINES, INC. (DAL) | “Our capacity purchase agreements with United, Delta, American and Alaska require the respective major airline partner to pay for fuel costs, either directly to the fuel vendor or to reimburse us for the fuel costs we incur under those agreements, thereby reducing our exposure to fuel price fluctuations.” |
| Partner | American Airlines Group Inc. (AAL) | “Our capacity purchase agreements with United, Delta, American and Alaska require the respective major airline partner to pay for fuel costs, either directly to the fuel vendor or to reimburse us for the fuel costs we incur under those agreements, thereby reducing our exposure to fuel price fluctuations.” |
| Partner | Alaska Airlines | “Our capacity purchase agreements with United, Delta, American and Alaska require the respective major airline partner to pay for fuel costs, either directly to the fuel vendor or to reimburse us for the fuel costs we incur under those agreements, thereby reducing our exposure to fuel price fluctuations.” |
| Partner | SkyWest Airlines | “Operating SkyWest Airlines as an airline independent from our major airline partners would be a significant departure from our business plan and would likely require significant time and resources and may not be a viable alternative.” |
Quoted from the company's 10-K filed Feb 17, 2026.
Companies that name SKYW in their SEC reports
| Relationship to SKYW | Company | Filing | Sentence |
|---|---|---|---|
| supplier | EMBRAER S.A. (EMBJ) | 20-F Mar 30, 2026 | “As of December 31, 2025, our largest E-Jet customers by number of aircraft in service were SkyWest, Republic, American Airlines, KLM, Mesa, Azul, Horizon Air, Porter, Tianjn, and LOT Polish.” |
SKYW customer concentration
In the period ended Dec 31, 2025, a single direct customer accounted for 70.3% of revenue, per the company's 10-K filed Feb 17, 2026. The company does not name it.
SKYW company outlook (results filed Jul 23, 2026)
- “Commenting on the results, Chip Childs, President and Chief Executive Officer of SkyWest, said, "Our block hour production outlook remains solid, as we prepare to invest in owning and operating 34 more E175s through the end of 2028.”
- “The 11 new E175 aircraft are expected to replace 11 CRJ700s SkyWest is currently flying under contract with American.”
- “SkyWest is scheduled to purchase the 11 E175s from Embraer with anticipated delivery dates in 2026 and 2027.”
- “The table below summarizes anticipated E175 aircraft deliveries during the periods indicated based on currently available information, which is subject to change.”
Quoted word-for-word from the SEC 8-K results press release.
SKYW analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $3.07 | $3.14 | -2.2% | $1.14B | 5 |
| Next quarter (ends Dec 2026) | $2.50 | $2.71 | -7.8% | $1.12B | 5 |
| Current fiscal year (ends Dec 2026) | $10.57 | $10.85 | -2.6% | $4.37B | 6 |
| Next fiscal year (ends Dec 2027) | $12.12 | $11.99 | +1.1% | $4.62B | 6 |
SKYW options: expected move
Options price a move of about ±10.0% (±$9.60) by Nov 20, 2026, which includes earnings on Oct 29, 2026. Over the last 8 reports the stock moved ±3.9% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Nov 20, 2026 | 28 | 44.6% | ±10.0% |
| Dec 18, 2026 | 56 | 40.7% | ±12.8% |
| Jan 15, 2027 | 84 | 38.5% | ±14.8% |
| Apr 16, 2027 | 175 | 37.3% | ±20.6% |
| May 21, 2027 | 210 | 38.8% | ±23.4% |
30-day implied volatility 42.8% vs 25% realized over the last 30 trading days. Put/call ratio (volume) 0. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 08:38 UTC)
| Price | USD 95.73 |
|---|---|
| Change | ▲ 1.57% (up) |
| Previous Close | USD 94.25 |
| Open | USD 92.65 |
| Day Range | USD 92.65 – 96.43 |
| 52-Week Range | USD 77.89 – 117.72 |
| Volume | 248,071 shares |
| Market Cap | $3.72B |
| Exchange | NMS |
Technical Analysis (SKYW)
Nexqual's technical model rates SKYW "SELL" based on 1 bullish and 4 bearish signals across 127 daily candles, as of October 23, 2026 at 08:38 UTC.
| Overall Signal | SELL |
|---|---|
| RSI (14) | 49.73 (neutral) |
| vs SMA50 | Below (USD 97.88) |
| MACD | -1.46 (negative) |
Analyst Ratings (SKYW)
Wall Street analysts rate SKYW "Buy" based on 6 analysts, with a mean price target of USD 125.33 (range USD 105–160), per Nexqual as of October 23, 2026 at 08:38 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 6 |
| Mean Target | USD 125.33 |
| High Target | USD 160 |
| Low Target | USD 105 |
| Buy / Hold / Sell | 4 / 2 / 0 |
Earnings (SKYW)
| Next Earnings Date | 2026-10-29 |
|---|---|
| EPS Estimate | USD 3.07 |
| Revenue Estimate | $1.14B |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 2.54 vs est 2.55 ▼ miss |
| 2026-03-31 | USD 2.5 vs est 2.17 ▲ beat |
| 2025-12-31 | USD 2.21 vs est 2.24 ▼ miss |
| 2025-09-30 | USD 2.81 vs est 2.56 ▲ beat |
Source: Nexqual, October 23, 2026 at 08:38 UTC.
Financials & Fundamentals (SKYW)
| Total Revenue | $4.19B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +6.50% |
| Gross Margin | +30.89% |
| Operating Margin | +14.13% |
| Profit Margin | +9.78% |
| ROE | +15.34% |
| Debt / Equity | 0.86 |
| Current Ratio | 0.57 |
| Total Cash | $600.98M |
| Total Debt | $2.38B |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | $863.98M (20.6% of revenue) |
Source: Nexqual, October 23, 2026 at 08:38 UTC.
Financial Health Score (SKYW)
Nexqual rates SkyWest, Inc.'s overall financial health "Solid" across five dimensions, as of October 23, 2026 at 08:38 UTC.
| Growth | Strong — Revenue +15% YoY (annual) |
|---|---|
| Profitability | Solid — Gross margin 31%, operating 14% (last 12 months) |
| Balance Sheet | Weak — $601M cash and investments vs $2.30B debt (Jun 2026, SEC) |
| Cash Flow | Strong — FCF $864M (last 4 quarters to Jun 2026, SEC), 21% margin |
| Efficiency | Solid — ROE 15%, ROA 5.0% |
Ownership (SKYW)
| Insider Ownership | +1.34% |
|---|---|
| Institutional Ownership | +95.95% |
| Shares Outstanding | 38.83M |
| Float | 38.08M |
| Short % of Float | +5.75% |
Source: Nexqual, October 23, 2026 at 08:38 UTC.
Leadership (SKYW)
SkyWest, Inc. is led by Russell A. Childs, CEO, President & Director, per Nexqual as of October 23, 2026 at 08:38 UTC.
| CEO, President & Director | Russell A. Childs |
|---|---|
| Chief Financial Officer | Robert J. Simmons |
| Executive Vice President of Operations of SkyWest Airlines | Greg S. Wooley |
| President & COO- SkyWest Airlines | Wade J. Steel |
| Senior Vice President of InFlight - SkyWest Airlines, Inc. | Sonya P. Wolford |
Major Backers & Investors (SKYW)
Notable institutional backers of SkyWest, Inc. include American Century Companies Inc, FMR, LLC, Fuller & Thaler Asset Management Inc., according to Nexqual as of October 23, 2026 at 08:38 UTC.
Active Investors
| Investor | Stake |
|---|---|
| American Century Companies Inc | 5.8% |
| FMR, LLC | 4.52% |
| Fuller & Thaler Asset Management Inc. | 3.02% |
| Capitol Series Trust-FullerThaler Behavioral Small-Cap Equity Fund | 2.88% |
| SW Investment Management, LLC | 2.58% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 17.7% |
| Vanguard Group | 12.18% |
| Dimensional Fund Advisors | 6.61% |
| State Street | 4.27% |
| Geode Capital | 2.8% |
Source: Nexqual, October 23, 2026 at 08:38 UTC.
From SkyWest, Inc.'s Latest SEC 10-K Filing (filed 2026-02-17)
Key Strengths & Strategy (as disclosed to the SEC)
- During our long operating history, we have developed an industry-leading reputation for providing quality regional airline service.
Legal & Regulatory Risks (Item 1A, quoted)
- Changes to U.S. tariff and import/export regulations may have a negative effect on our suppliers and/or service providers and, in turn, could have a material adverse impact on our financial condition.
- Compliance, or failure to comply, with new or existing laws, regulations and other requirements relating to the privacy, security and handling of information about individuals could adversely affect our business, results of operations, or financial condition.
- We are subject to various environmental requirements, including laws and regulations related to climate change and emissions. Compliance with new or existing environmental requirements could materially and adversely affect the Company's business plans, strategies and results of operations.
- We may be a party to litigation in the normal course of business or otherwise, which could affect our financial condition and results of operations.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| ALK | Alaska Air Group, Inc. | USD 35.38 | ▲ 5.49% |
| CPA | Copa Holdings, S.A. | USD 134.86 | ▼ 0.94% |
| AERO | Grupo Aeromexico, S.A.B. de C.V | USD 15.21 | ▼ 0.33% |
| ALGT | Allegiant Travel Company | USD 70.36 | ▲ 0.44% |
| AAL | American Airlines Group, Inc. | USD 12.6 | ▲ 2.94% |
| ULCC | Frontier Group Holdings, Inc. | USD 5.3 | ▲ 5.16% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 08:38 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt