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SKYW - SkyWest, Inc.

NASDAQ -> Industrials -> Airlines
Saint George, United States
Type: Equity

SKYW price evolution
SKYW
(in millions $) 31 Jan 2024 30 Sep 2023 30 Jun 2023 31 Mar 2023
Current assets
Cash $148.28 $125.33 $114.43 $74.52
Short term investments $686.95 $694.17 $747.92 $861.34
Net receivables $82.85 $118.84 $104.71 $101.04
Inventory $127.11 $127.13 $123.57 $122.43
Total current assets $1131.9 $1162 $1183.13 $1251.97
Long term investments
Property, plant & equipment $5482.97 $5584.17 $5583.95 $5657.83
Goodwill & intangible assets
Total noncurrent assets $5894.4 $5897.12 $5932.64 $5981.79
Total investments $686.95 $694.17 $747.92 $861.34
Total assets $7026.29 $7059.12 $7115.77 $7233.76
Current liabilities
Accounts payable $470.25 $486.73 $457.31 $452.21
Deferred revenue
Short long term debt $463.2 $462.41 $460.87 $462.07
Total current liabilities $1254.29 $1205.67 $1165.99 $1152.1
Long term debt $2562.18 $2700.23 $2817.7 $2931.94
Total noncurrent liabilities $3658.5 $3716.75 $3792.54 $3849.6
Total debt $3092.78 $3162.64 $3278.57 $3394.01
Total liabilities $4912.79 $4922.42 $4958.53 $5001.7
Shareholders' equity
Retained earnings $2271.21 $2253.7 $2230.22 $2214.8
Other shareholder equity $2113.5 -$0.18 -$0.81 -$2.32
Total shareholder equity $2113.5 $2136.7 $2157.24 $2232.06
(in millions $) 31 Jan 2024 31 Jan 2023 31 Dec 2021 31 Dec 2020
Current assets
Cash $148.28 $102.98 $258.42 $215.72
Short term investments $686.95 $944.23 $601.99 $610.18
Net receivables $82.85 $100.52 $65.35 $34.46
Inventory $127.11 $123.21 $104.09 $91.2
Total current assets $1131.9 $1371.28 $1068.59 $982.8
Long term investments
Property, plant & equipment $5482.97 $5700.41 $5737.11 $5644.41
Goodwill & intangible assets
Total noncurrent assets $5894.4 $6043.27 $6057.35 $5904.82
Total investments $686.95 $944.23 $601.99 $610.18
Total assets $7026.29 $7414.55 $7125.95 $6887.62
Current liabilities
Accounts payable $470.25 $422 $496.33 $278.68
Deferred revenue
Short long term debt $463.2 $510.23 $470.68 $484.8
Total current liabilities $1254.29 $1172.54 $1194.62 $941.72
Long term debt $2562.18 $2941.77 $2875.69 $3007.38
Total noncurrent liabilities $3658.5 $3894.38 $3663.81 $3806.36
Total debt $3092.78 $3540.62 $3346.38 $3492.18
Total liabilities $4912.79 $5066.92 $4858.43 $4748.08
Shareholders' equity
Retained earnings $2271.21 $2236.87 $2163.92 $2052.01
Other shareholder equity $2113.5 -$3.8 $2267.51
Total shareholder equity $2113.5 $2347.63 $2267.51 $2139.55
(in millions $) 31 Jan 2024 30 Sep 2023 30 Jun 2023 31 Mar 2023
Revenue
Total revenue $751.79 $766.17 $725.64 $691.83
Cost of revenue $222.29 $200.15 $201.01
Gross Profit $517.73 $543.88 $525.49 $490.82
Operating activities
Research & development
Selling, general & administrative $333.02 $322.44 $335.2
Total operating expenses $490.11 $494.59 $493.63 $495.52
Operating income $49.29 $31.86 -$4.7
Income from continuing operations
EBIT $56.89 $51.35 $7.5
Income tax expense $6.92 $0.87 $2.22 -$4.05
Interest expense -$18.88 $32.54 $33.72 $33.62
Net income
Net income $17.52 $23.48 $15.42 -$22.07
Income (for common shares) $23.48 $15.42 -$22.07
(in millions $) 31 Jan 2024 31 Dec 2022 31 Dec 2021 31 Dec 2020
Revenue
Total revenue $2935.43 $3004.93 $2713.49 $2127.11
Cost of revenue $899.51 $1092.91 $838.76
Gross Profit $2077.92 $2105.41 $1620.58 $1288.34
Operating activities
Research & development
Selling, general & administrative $1211.55 $986.66 $826.11
Total operating expenses $1973.85 $1924.25 $1344.72 $1178.37
Operating income $181.16 $275.87 $109.97
Income from continuing operations
EBIT $219.67 $273.73 $115.85
Income tax expense $5.97 $19.63 $38.7 $1.19
Interest expense -$87 $127.08 $123.12 $123.17
Net income
Net income $34.34 $72.95 $111.91 -$8.52
Income (for common shares) $72.95 $111.91 -$8.52
(in millions $) 31 Dec 2023 30 Sep 2023 30 Jun 2023 31 Mar 2023
Net income $17.52 $23.48 $15.42 -$22.07
Operating activities
Depreciation $383.12
Business acquisitions & disposals
Stock-based compensation $17.13
Total cash flows from operations $224.43 $178.88 $182.82 $150.2
Investing activities
Capital expenditures -$74.27 -$84.48 -$28.94 -$101.11
Investments $7.73 $54.37 $114.93 $84.38
Total cash flows from investing -$84.23 -$8.99 $66.96 $3.03
Financing activities
Dividends paid
Sale and purchase of stock -$45.45 -$48.96 -$96 -$98.73
Net borrowings -$71.8 -$110.03 -$113.87 -$82.38
Total cash flows from financing -$117.25 -$159 -$209.87 -$181.69
Effect of exchange rate
Change in cash and equivalents $22.95 $10.9 $39.91 -$28.46
(in millions $) 31 Dec 2023 31 Dec 2022 31 Dec 2021 31 Dec 2020
Net income $34.34 $72.95 $111.91 -$8.52
Operating activities
Depreciation $383.12 $394.55 $440.2 $474.96
Business acquisitions & disposals
Stock-based compensation $17.13 $9.16 $8.69 $6.8
Total cash flows from operations $736.33 $480.38 $831.82 $633.56
Investing activities
Capital expenditures -$288.8 -$527.23 -$641.32 -$416.82
Investments $261.41 -$346.04 $8.2 -$177.22
Total cash flows from investing -$23.23 -$904.89 -$698.52 -$683.47
Financing activities
Dividends paid -$13.06
Sale and purchase of stock -$289.14 $2.96 $3.15 -$17.18
Net borrowings -$378.09 $267.27 -$92.17 $214.83
Total cash flows from financing -$667.81 $269.08 -$90.6 $178.43
Effect of exchange rate
Change in cash and equivalents $45.29 -$155.44 $42.7 $128.52
Fundamentals
Market cap $2.84B
Enterprise value $5.79B
Shares outstanding 40.94M
Revenue $2.94B
EBITDA N/A
EBIT N/A
Net Income $34.34M
Revenue Q/Q 10.35%
Revenue Y/Y -2.31%
P/E ratio 82.84
EV/Sales 1.97
EV/EBITDA N/A
EV/EBIT N/A
P/S ratio 0.97
P/B ratio InfinityT
Book/Share 0.00
Cash/Share 3.62
EPS $0.84
ROA 0.48%
ROE 1.59%
Debt/Equity 2.32
Net debt/EBITDA N/A
Current ratio 0.90
Quick ratio 0.80