SKYWEST INC (SKYW) Stock Analysis — April 2026 Rating, Price, and Forecast
Company Overview — What Does SKYWEST INC Do?
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 leases regional jet aircraft and spare engines to third parties. As of December 31, 2021, the company's fleet consisted of 629 aircraft; and provided scheduled passenger and air freight services with approximately 2,080 total daily departures to various destinations in the United States, Canada, Mexico, and the Caribbean. In addition, it offers airport customer and ground handling services for other airlines. SkyWest, Inc. was incorporated in 1972 and is headquartered in St. George, Utah. SKYWEST INC (SKYW) is classified as a mid-cap stock in the Industrials sector, specifically within the Transportation industry. The company is led by CEO Russell A. Childs and employs approximately 13,600 people, headquartered in ST GEORGE, Utah. With a market capitalization of $3.8B, SKYW is one of the notable companies in the Industrials sector.
SKYWEST INC (SKYW) Stock Rating — Reduce (April 2026)
As of April 2026, SKYWEST INC receives a Reduce rating with a composite score of 46.8/100 and 2 out of 5 stars from the Blank Capital Research quantitative model.SKYW ranks #2,217 out of 4,446 stocks in our coverage universe. Within the Industrials sector, SKYWEST INC ranks #358 of 752 stocks, placing it in the upper half of its Industrials peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).
SKYW Stock Price and 52-Week Range
SKYWEST INC (SKYW) currently trades at $94.31. The stock lost $0.56 (0.6%) in the most recent trading session. The 52-week high for SKYW is $123.94, which means the stock is currently trading -23.9% from its annual peak. The 52-week low is $74.70, putting the stock 26.2% above its annual trough. Recent trading volume was 252K shares, suggesting relatively thin trading activity.
Is SKYW Overvalued or Undervalued? — Valuation Analysis
SKYWEST INC (SKYW) carries a value factor score of 78/100 in the Blank Capital model, suggesting the stock trades at a meaningful discount to its fundamental earning power. The trailing price-to-earnings ratio is 8.72x, compared to the Industrials sector average of 28.33x — a discount of 69%. The price-to-book ratio stands at 1.36x, versus the sector average of 2.23x. The price-to-sales ratio is 0.94x, compared to 0.50x for the average Industrials stock. On an enterprise value basis, SKYW trades at 6.05x EV/EBITDA, versus 5.70x for the sector.
Based on these multiples, SKYWEST INC appears attractively valued relative to both its sector peers and the broader market. Value-oriented investors may find the current entry point compelling, particularly if the company's fundamental quality metrics also score well.
SKYWEST INC Profitability — ROE, Margins, and Quality Score
SKYWEST INC (SKYW) earns a quality factor score of 50/100, indicating solid business quality with consistent operational execution. The return on equity (ROE) is 15.5%, compared to the Industrials sector average of 8.9%, which is within a healthy range. Return on assets (ROA) comes in at 5.8% versus the sector average of 3.3%.
On a margin basis, SKYWEST INC reports gross margins of 36.0%, compared to 35.8% for the sector. The operating margin is 15.5% (sector: 6.2%). Net profit margin stands at 10.8%, versus 3.9% for the average Industrials stock. Revenue growth is running at 21.1% on a trailing basis, compared to 6.4% for the sector. The overall profitability profile is adequate, though there may be room for margin expansion.
SKYW Debt, Balance Sheet, and Financial Health
SKYWEST INC has a debt-to-equity ratio of 169.0%, compared to the Industrials sector average of 70.0%. This elevated leverage warrants close monitoring, as it increases the company's sensitivity to rising interest rates and economic downturns. The current ratio is 0.65x, which may signal near-term liquidity tightness. Total debt on the balance sheet is $2.38B. Cash and equivalents stand at $45M.
SKYW has a beta of 1.34, meaning it is more volatile than the broader market — a $10,000 investment in SKYW would be expected to move 34.1% more than the S&P 500 on any given day. The stability factor score for SKYWEST INC is 59/100, reflecting average volatility within the normal range for its sector.
SKYWEST INC Revenue and Earnings History — Quarterly Trend
In TTM 2026, SKYWEST INC reported revenue of $3.95B and earnings per share (EPS) of $10.62. Net income for the quarter was $427M. Gross margin was 36.0%. Operating income came in at $615M.
In FY 2025, SKYWEST INC reported revenue of $4.06B and earnings per share (EPS) of $10.62. Net income for the quarter was $428M. Revenue grew 15.0% year-over-year compared to FY 2024. Operating income came in at $618M.
In Q3 2025, SKYWEST INC reported revenue of $1.05B and earnings per share (EPS) of $2.89. Net income for the quarter was $116M. Revenue grew 15.0% year-over-year compared to Q3 2024. Operating income came in at $174M.
In Q2 2025, SKYWEST INC reported revenue of $1.04B and earnings per share (EPS) of $2.98. Net income for the quarter was $120M. Revenue grew 19.4% year-over-year compared to Q2 2024. Operating income came in at $170M.
Over the past 8 quarters, SKYWEST INC has demonstrated a growth trajectory, with revenue expanding from $867M to $3.95B. Investors analyzing SKYW stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.
SKYW Dividend Yield and Income Analysis
SKYWEST INC (SKYW) does not currently pay a dividend. This is common among smaller companies in the Transportation industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Industrials dividend stocks may want to explore other Industrials stocks or use the stock screener to filter by dividend yield.
SKYW Momentum and Technical Analysis Profile
SKYWEST INC (SKYW) has a momentum factor score of 42/100, reflecting neutral trend characteristics. The stock is neither significantly outperforming nor underperforming the broader market on a momentum basis. The investment factor score is 26/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 12/100 signals elevated short interest, which can indicate bearish sentiment among institutional investors.
SKYW vs Competitors — Industrials Sector Ranking and Peer Comparison
Within the Industrials sector, SKYWEST INC (SKYW) ranks #358 out of 752 stocks based on the Blank Capital composite score. This places SKYW in the upper half of all Industrials stocks in our coverage universe. Key competitors and sector peers include South Bow Corp (SOBO) with a score of 56.5/100, TSAKOS ENERGY NAVIGATION LTD (TEN) with a score of 61.4/100, Great Lakes Dredge & Dock CORP (GLDD) with a score of 56.7/100, Tri Pointe Homes, Inc. (TPH) with a score of 57.3/100, and Clear Channel Outdoor Holdings, Inc. (CCO) with a score of 52.2/100.
Comparing SKYW against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full SKYW vs S&P 500 (SPY) comparison to assess how SKYWEST INC stacks up against the broader market across all factor dimensions.
SKYW Next Earnings Date
No upcoming earnings date has been announced for SKYWEST INC (SKYW) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.
Should You Buy SKYW? — Investment Thesis Summary
The quantitative profile for SKYWEST INC suggests caution. The value score of 78/100 suggests attractive pricing relative to fundamentals.
In summary, SKYWEST INC (SKYW) earns a Reduce rating with a composite score of 46.8/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on SKYW stock.
Related Resources for SKYW Investors
Explore more research and tools: SKYW vs S&P 500 comparison, top Industrials stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare SKYW head-to-head with peers: SKYW vs SOBO, SKYW vs TEN, SKYW vs GLDD.