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Companies / Industrials / SkyWest, Inc.
SKYW

SkyWest, Inc.

IndustrialsAir Transportation
Ticker SKYWST GEORGE, UTFiscal year ends DecemberBook value per share $70.78Diluted shares 39.7M

SkyWest, Inc. (Nasdaq: SKYW) operates regional passenger flights through its subsidiary SkyWest Airlines, serving destinations in the United States, Canada and Mexico. It primarily flies under code-share agreements with United, Delta, American and Alaska, using their brands as United Express, Delta Connection,… From the company’s description.

Over the twelve months to Sep 30, 2026, SkyWest, Inc. reported revenue of $4.26B, up 7.0% from a year earlier. Its operating margin was 13.9%, and operations generated $799.12M in cash. In fiscal 2025, it reported revenue of $4.06B, up 15.0% from fiscal 2024, and net income of $428.33M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$4.06BFY2025
+15.0% year over year
Last 12 mo $4.26B
15.22%FY2025
+1.2 percentage points
Last 12 mo 13.85%
$428.33MFY2025
+32.6% year over year
15.60%FY2025
+2.2 percentage points
Last 12 mo 14.70%
Cash & financing
$940.36MFY2025
+35.8% year over year
Last 12 mo $799.12M
$362.30MFY2025
−5.1% year over year
Last 12 mo $199.17M
0.87FY2025
Was 1.11× a year earlier
Last 12 mo 0.84
41.4MFY2025
−0.3% year over year
Last 12 mo 39.7M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What SkyWest, Inc. does

In the company’s own words

SkyWest, Inc. (Nasdaq: SKYW) operates regional passenger flights through its subsidiary SkyWest Airlines, serving destinations in the United States, Canada and Mexico. It primarily flies under code-share agreements with United, Delta, American and Alaska, using their brands as United Express, Delta Connection, American Eagle and Alaska Airlines; most flying is provided under fixed-fee capacity purchase agreements, while other routes operate under prorate agreements. SkyWest Airlines’ fleet includes Embraer E175 and Bombardier CRJ regional jets, generally configured for 30 to 76 seats. SkyWest Leasing finances aircraft used under capacity purchase agreements and leases aircraft and engines to third parties. SkyWest Charter provides on-demand charter service using CRJ200 aircraft. At December 31, 2025, the company had 637 aircraft, including 487 in scheduled service or under contract, and employed 15,775 people. Founded in 1972, SkyWest formed SkyWest Charter in 2022, which began operations in 2023. Its website is inc.skywest.com.

Company details
Sector
Industrials
Industry (SIC)
Air Transportation
Headquarters
ST GEORGE, UT
Fiscal year end
December
CIK
793733
SIC
4512

Financial performance, year by year

Fiscal 2011–2025 · USD
$-603.52M$722.29M$2.05B$3.37B$4.70B201120122013201420152016201720182019202020212022202320242025Last 12 moLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns SkyWest, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

352
funds hold it
0 of 35
superinvestors hold it
$2.11B
held by funds, at market
59.9%
of shares held by funds

Largest fund holders · SkyWest, Inc.’s weight in each

iShares Core S&P Small-Cap ETF
IJR · iShares Trust
0.21%of fund net assets
Avantis U.S. Small Cap Value ETF
AVUV · American Century ETF Trust
—of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.01%of fund net assets
FULLERTHALER BEHAVIORAL SMALL CAP EQUITY
FTHNX · Capitol Series Trust
0.88%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.12%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do SkyWest, Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of SkyWest, Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
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