SkyWest, Inc., through its subsidiaries, operates a regional airline in the United States.
Established dividend payer and good value.
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's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: SKYW underperformed the US Airlines industry which returned -58.2% over the past year.
Return vs Market: SKYW underperformed the US Market which returned -15.9% over the past year.
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 StSkyWest, Inc. (NASDAQ:SKYW) Goes Ex-Dividend In 4 Days
2 weeks ago | Simply Wall StDoes SkyWest (NASDAQ:SKYW) Have A Healthy Balance Sheet?
3 weeks ago | Simply Wall StHow Does SkyWest's (NASDAQ:SKYW) P/E Compare To Its Industry, After The Share Price Drop?
Is SkyWest undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SKYW ($22.49) is trading below our estimate of fair value ($249.51)
Significantly Below Fair Value: SKYW is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SKYW is poor value based on its PE Ratio (3.4x) compared to the Airlines industry average (3x).
PE vs Market: SKYW is good value based on its PE Ratio (3.4x) compared to the US market (12.2x).
Price to Earnings Growth Ratio
PEG Ratio: SKYW's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: SKYW is good value based on its PB Ratio (0.5x) compared to the US Airlines industry average (0.6x).
How is SkyWest forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SKYW's earnings are forecast to decline over the next 3 years (-12.3% per year).
Earnings vs Market: SKYW's earnings are forecast to decline over the next 3 years (-12.3% per year).
High Growth Earnings: SKYW's earnings are forecast to decline over the next 3 years.
Revenue vs Market: SKYW's revenue (4.8% per year) is forecast to grow slower than the US market (7% per year).
High Growth Revenue: SKYW's revenue (4.8% 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 (11.6%).
How has SkyWest performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SKYW has high quality earnings.
Growing Profit Margin: SKYW's current net profit margins (11.4%) are higher than last year (8.7%).
Past Earnings Growth Analysis
Earnings Trend: SKYW has become profitable over the past 5 years, growing earnings by 38.9% per year.
Accelerating Growth: SKYW's earnings growth over the past year (21.3%) is below its 5-year average (38.9% per year).
Earnings vs Industry: SKYW earnings growth over the past year (21.3%) underperformed the Airlines industry 41.8%.
Return on Equity
High ROE: SKYW's Return on Equity (15.6%) is considered low.
How is SkyWest's financial position?
Financial Position Analysis
Short Term Liabilities: SKYW's short term assets ($760.3M) do not cover its short term liabilities ($924.7M).
Long Term Liabilities: SKYW's short term assets ($760.3M) do not cover its long term liabilities ($3.6B).
Debt to Equity History and Analysis
Debt Level: SKYW's debt to equity ratio (137.6%) is considered high.
Reducing Debt: SKYW's debt to equity ratio has increased from 124.8% to 137.6% over the past 5 years.
Debt Coverage: SKYW's debt is well covered by operating cash flow (24.1%).
Interest Coverage: SKYW's interest payments on its debt are well covered by EBIT (4.7x coverage).
What is SkyWest's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SKYW's dividend (2.49%) is higher than the bottom 25% of dividend payers in the US market (2.07%).
High Dividend: SKYW's dividend (2.49%) is low compared to the top 25% of dividend payers in the US market (5.82%).
Stability and Growth of Payments
Stable Dividend: SKYW's dividends per share have been stable in the past 10 years.
Growing Dividend: SKYW's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (7.2%), SKYW's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SKYW's dividends in 3 years are forecast to be thoroughly covered by earnings (7.3% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Chip Childs (51yo)
Mr. Russell A. Childs, also known as Chip, has been the President of SkyWest Inc. since May 12, 2014 and has been its the Chief Executive Officer since January 1, 2016. Mr. Childs served as the President a ...
CEO Compensation Analysis
Compensation vs Market: Chip's total compensation ($USD3.61M) is about average for companies of similar size in the US market ($USD3.29M).
Compensation vs Earnings: Chip's compensation has been consistent with company performance over the past year.
|CEO, President & Director||4.25yrs||US$3.61m||0.28% $3.2m|
|Chief Financial Officer||5.08yrs||US$1.61m||no data|
|Chief Accounting Officer||8.92yrs||US$695.24k||0.050% $561.1k|
|Chief Commercial Officer||5.92yrs||US$1.58m||0.072% $814.6k|
|Chief Operating Officer of Sky West Airlines||13.25yrs||US$1.19m||0.052% $585.7k|
|Vice President of People||12.42yrs||no data||no data|
Experienced Management: SKYW's management team is seasoned and experienced (7.4 years average tenure).
|CEO, President & Director||4.25yrs||US$3.61m||0.28% $3.2m|
|Chairman of the Board||29.25yrs||US$400.00k||1.59% $17.9m|
|Independent Director||6.5yrs||US$219.00k||0.046% $517.4k|
|Independent Director||6.5yrs||US$200.00k||0.046% $517.4k|
|Lead Independent Director||no data||US$230.00k||0.10% $1.2m|
|Independent Director||13.92yrs||US$204.00k||0.083% $938.7k|
|Independent Director||8.25yrs||US$220.00k||0.12% $1.4m|
|Independent Director||12.92yrs||US$204.00k||0.087% $984.8k|
|Independent Director||4.92yrs||US$214.00k||0.031% $349.8k|
|Independent Director||4.92yrs||US$200.00k||0.031% $349.8k|
Experienced Board: SKYW's board of directors are considered experienced (6.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: SKYW 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$1.130b
- Shares outstanding: 50.26m
- 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 aircraft and spare engines to third parties. As of December 31, 2019, the company provided scheduled passenger and air freight services with approximately 2,300 total daily departures to various destinations in the United States, Canada, Mexico, and provides airport customer and ground handling services for other airlines throughout its system. SkyWest, Inc. was founded in 1972 and is headquartered in St. George, Utah.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/07 01:54|
|End of Day Share Price||2020/04/06 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.