SkyWest is the holding company for two scheduled passenger airline operations and an aircraft leasing company. The Company's segments include SkyWest Airlines, which provides regional jet service to airports primarily located in the Midwestern and Western United States;  ExpressJet, which provides regional jet service to airports primarily located in the Eastern and Midwestern United States, as well as Mexico, Canada and the Caribbean; and SkyWest Leasing, which includes its E175 aircraft ownership business.

TypePublic
HQSaint George, US
Founded1972
Size (employees)16,900 (est)
Websiteinc.skywest.com
SkyWest was founded in 1972 and is headquartered in Saint George, US
Report incorrect company information

Viewing summary data as a guest

Sign up for free to see all data

SkyWest Office Locations

SkyWest has an office in Saint George
Saint George, US (HQ)
444 S River Rd
Show all (1)
Report incorrect company information

SkyWest Financials and Metrics

SkyWest Revenue

SkyWest's revenue was reported to be $3.20 b in FY, 2017
USD

Revenue (Q2, 2018)

1.6b

Net income (Q2, 2018)

130.2m

EBIT (Q2, 2018)

214.9m

Market capitalization (15-Oct-2018)

2.6b

Closing stock price (15-Oct-2018)

50.6

Cash (30-Jun-2018)

175.7m

EV

2.8b
SkyWest's current market capitalization is $2.6 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

3.3b3.2b3.1b3.1b3.2b

Revenue growth, %

(2%)(4%)1%

Operating expense total

2.8b

Depreciation and amortization

292.8m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018Q2, 2018

Revenue

850.7m772.4m816.6m834.6m760.4m788.4m794.0m762.1m801.3m799.8m765.4m809.8m783.4m1.6b

Operating expense total

794.6m800.2m803.3m775.6m726.3m718.5m715.7m700.3m717.2m713.9m689.1m703.2m695.2m1.4b

Depreciation and amortization

77.6m160.3m

EBIT

56.2m(27.8m)13.2m59.1m34.1m69.9m78.3m61.8m84.1m85.8m76.3m106.6m88.2m214.9m
Annual
usdY, 2009Y, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015FY, 2016FY, 2017

Cash

76.4m112.3m129.5m133.8m170.6m132.3m203.0m146.8m181.8m

Accounts Receivable

7.6m

Inventories

118.5m119.8m

Current Assets

1.5b1.3b1.0b1.0b995.1m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018Q2, 2018

Cash

267.7m82.6m69.8m151.4m91.1m171.2m126.7m246.8m228.0m49.8m95.4m143.4m251.4m175.7m

Inventories

132.9m143.3m145.7m150.1m139.3m139.7m140.1m140.6m140.9m142.9m119.6m118.5m117.2m118.9m

Current Assets

1.5b1.4b1.3b1.3b1.3b1.3b1.4b984.7m1.0b1.1b916.6m947.0m952.6m975.2m

PP&E

4.4b4.7b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

59.0m(24.2m)117.8m(161.6m)428.9m

Depreciation and Amortization

245.0m259.6m264.5m285.0m292.8m

Inventories

(2.9m)(2.0m)(1.2m)

Accounts Payable

Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q1, 2018Q2, 2018

Net Income

(14.7m)41.3m9.6m31.5m36.3m27.1m40.2m41.3m34.8m

Depreciation and Amortization

64.3m65.8m65.7m64.7m66.6m67.8m69.9m71.7m70.1m

Cash From Operating Activities

251.4m(34.3m)32.5m186.4m35.2m165.9m350.8m

Cash From Investing Activities

14.0m(45.5m)(220.6m)(392.6m)(238.7m)(100.1m)(547.7m)
USDY, 2018

EV/EBIT

13.1 x

EV/CFO

8 x

Financial Leverage

3.2 x
Show all financial metrics

SkyWest Operating Metrics

FY, 2013FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

Block Hours

2.38 m2.28 m516.77 k1.05 m526.22 m2.07 m486.87 k493.34 k493.55 k1.94 m452.68 k467.10 k

Passenger Load Factor

81.2%82.4%82%82.2%83.7%82.6%79%83.2%83.4%82.1%78.6%81.8%

Passengers

60.58 m58.96 m13.19 m27.86 m14.76 m56.23 m12.67 b13.92 m14.03 m53.54 m12.02 m13.36 m

Revenue Passenger Miles

31.83 b31.50 b6.97 b14.69 b7.75 b29.67 b6.72 b7.25 b7.25 b28.02 b6.26 b
Show all operating metrics

SkyWest Revenue Breakdown

Embed Graph

SkyWest revenue breakdown by business segment: 33.5% from ExpressJet, 62.0% from SkyWest Airlines and 4.5% from Other

Report incorrect company information

SkyWest Online and Social Media Presence

Embed Graph
Report incorrect company information

SkyWest News and Updates

SkyWest, Inc. Reports Combined July 2018 Traffic for SkyWest Airlines and ExpressJet Airlines

ST. GEORGE, Utah, Aug. 9, 2018 /PRNewswire/ -- SkyWest, Inc., (NASDAQ: SKYW) ("SkyWest") today reported 153,300 block hours in July 2018, compared to 162,400 block hours in July 2017, a decrease of 9,100 or 5.6%. The net decrease was consistent with SkyWest's fleet transition plan to...

SkyWest, Inc. Announces Quarterly Dividend of $0.10 per Share

ST. GEORGE, Utah, Aug. 8, 2018 /PRNewswire/ -- SkyWest, Inc. (NASDAQ: SKYW) today announced that its Board of Directors declared a quarterly dividend of $0.10 per share, which will be paid on October 4, 2018 to shareholders of record at the close of business on September 28, 2018. About...

Electric Airplane Pioneer, Eviation, Establishes U.S. Headquarters in Arizona

PRESCOTT, Ariz., Aug. 2, 2018 /PRNewswire/ -- Eviation Aircraft, a global manufacturer of all-electric air mobility solutions, today announced it has selected Prescott, Arizona for its U.S. headquarters. The site, located adjacent to the Prescott Municipal Airport, will serve as...

Passenger jet catches fire after landing at Denver; no injuries

DENVER, July 2 (Reuters) - The engine of a SkyWest passenger jet caught fire moments after the aircraft landed at Denver International Airport on Sunday, but all 63 people aboard exited the plane safely, an airline spokeswoman said.

United jet catches on fire at Denver airport

An engine on a United Airlines passenger jet caught on fire in Denver on Sunday, forcing passengers to evacuate. Photos posted to social media showed the plane's left engine burning as a pool of dripping liquid caught fire on the tarmac below. Emergency vehicles rushed to the scene at Denver Interna…
Report incorrect company information

SkyWest Blogs

SkyWest, Inc. Reports Combined May 2018 Traffic for SkyWest Airlines and ExpressJet Airlines

SkyWest, Inc., (NASDAQ: SKYW) (“SkyWest”) today reported 145,300 block hours in May 2018, compared to 155,800 block hours in May 2017, a decrease of 10,500 or 6.7 percent.

SkyWest Company Life and Culture

Report incorrect company information