SkyWest, Inc., through its subsidiaries, operates a regional airline in the United States. More Details
Reasonable growth potential with mediocre balance sheet.
Share Price & News
How has SkyWest's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SKYW is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: SKYW's weekly volatility has decreased from 16% to 9% over the past year.
7 Day Return
1 Year Return
Return vs Industry: SKYW underperformed the US Airlines industry which returned -29.3% over the past year.
Return vs Market: SKYW underperformed the US Market which returned 20.7% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is SkyWest's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StWe Wouldn't Rely On SkyWest's (NASDAQ:SKYW) Statutory Earnings As A Guide
3 weeks ago | Simply Wall StResults: SkyWest, Inc. Confounded Analyst Expectations With A Surprise Profit
1 month ago | Simply Wall StWhen Should You Buy SkyWest, Inc. (NASDAQ:SKYW)?
Is SkyWest undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: SKYW ($43.29) is trading above our estimate of fair value ($7.6)
Significantly Below Fair Value: SKYW is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SKYW is poor value based on its PE Ratio (19.7x) compared to the XN Airlines industry average (10.3x).
PE vs Market: SKYW's PE Ratio (19.7x) is in line with the US market.
Price to Earnings Growth Ratio
PEG Ratio: SKYW is good value based on its PEG Ratio (0.3x)
Price to Book Ratio
PB vs Industry: SKYW is good value based on its PB Ratio (1x) compared to the US Airlines industry average (1.3x).
How is SkyWest forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SKYW's forecast earnings growth (67.1% per year) is above the savings rate (2.2%).
Earnings vs Market: SKYW's earnings (67.1% per year) are forecast to grow faster than the US market (22% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: SKYW's revenue (12.8% per year) is forecast to grow faster than the US market (10.2% per year).
High Growth Revenue: SKYW's revenue (12.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SKYW's Return on Equity is forecast to be low in 3 years time (5.9%).
How has SkyWest performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SKYW has a large one-off gain of $342.1M impacting its September 30 2020 financial results.
Growing Profit Margin: SKYW's current net profit margins (4.8%) are lower than last year (11%).
Past Earnings Growth Analysis
Earnings Trend: SKYW's earnings have grown significantly by 24.4% per year over the past 5 years.
Accelerating Growth: SKYW's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SKYW had negative earnings growth (-67%) over the past year, making it difficult to compare to the Airlines industry average (-48.2%).
Return on Equity
High ROE: SKYW's Return on Equity (5.1%) is considered low.
How is SkyWest's financial position?
Financial Position Analysis
Short Term Liabilities: SKYW's short term assets ($977.3M) exceed its short term liabilities ($859.9M).
Long Term Liabilities: SKYW's short term assets ($977.3M) do not cover its long term liabilities ($3.7B).
Debt to Equity History and Analysis
Debt Level: SKYW's debt to equity ratio (140.4%) is considered high.
Reducing Debt: SKYW's debt to equity ratio has reduced from 143.8% to 140.4% over the past 5 years.
Debt Coverage: SKYW's debt is well covered by operating cash flow (22.4%).
Interest Coverage: Insufficient data to determine if SKYW's interest payments on its debt are well covered by EBIT.
What is SkyWest current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SKYW's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SKYW's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if SKYW's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SKYW's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: SKYW is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SKYW's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Chip Childs (52 yo)
Mr. Russell A. Childs, also known as Chip, has been the President of SkyWest Inc. since May 12, 2014 and has been its the Chief Executive Officer since January 1, 2016. Mr. Childs served as the President a...
CEO Compensation Analysis
Compensation vs Market: Chip's total compensation ($USD3.61M) is about average for companies of similar size in the US market ($USD4.17M).
Compensation vs Earnings: Chip's compensation has been consistent with company performance over the past year.
|CEO, President & Director||4.83yrs||US$3.61m||0.28% |
|Chief Financial Officer||5.67yrs||US$1.61m||no data|
|Chief Accounting Officer||9.5yrs||US$695.24k||0.050% |
|Chief Commercial Officer||6.5yrs||US$1.58m||0.072% |
|Vice President of People||13yrs||no data||no data|
|Executive Vice President of Operations of SkyWest Airlines||no data||no data||0.0062% |
Experienced Management: SKYW's management team is seasoned and experienced (6.5 years average tenure).
|CEO, President & Director||4.83yrs||US$3.61m||0.28% |
|Chairman of the Board||29.83yrs||US$400.00k||1.59% |
|Independent Director||7.08yrs||US$219.00k||0.046% |
|Independent Director||7.08yrs||US$200.00k||0.046% |
|Lead Independent Director||no data||US$230.00k||0.10% |
|Independent Director||14.5yrs||US$204.00k||0.083% |
|Independent Director||8.83yrs||US$220.00k||0.12% |
|Independent Director||13.5yrs||US$204.00k||0.087% |
|Independent Director||5.5yrs||US$214.00k||0.031% |
|Independent Director||5.5yrs||US$200.00k||0.031% |
Experienced Board: SKYW's board of directors are considered experienced (7.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
SkyWest, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: SkyWest, Inc.
- Ticker: SKYW
- Exchange: NasdaqGS
- Founded: 1972
- Industry: Airlines
- Sector: Transportation
- Market Cap: US$2.171b
- Shares outstanding: 50.14m
- Website: https://inc.skywest.com
Number of Employees
- SkyWest, Inc.
- 444 South River Road
- Saint George
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SKYW||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Jun 1986|
|SY2||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Jun 1986|
SkyWest, Inc., through its subsidiaries, operates a regional airline in the United States. The company operates through two segment, SkyWest Airlines and SkyWest Leasing. It also engages into leasing aircr...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/28 23:10|
|End of Day Share Price||2020/11/27 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.