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SkyWest SKYW Flight equipment

Flight equipment at other companies

Southwest Airlines logo
Southwest AirlinesLUV
$26.25B+3.6%

Other financials

Income statement

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Revenue$1.0B+6.8%
Gross profit$115.0M
Operating income$123.7M-11.3%
Net income$101.7M+1.1%
EPS (diluted)$2.50+3.3%

Balance sheet

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Cash & equivalents$65.8M-63.2%
Total debt$2.5B-6.3%
Total equity$2.7B+10.4%
Total assets$7.3B+3.3%

Cash flow

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Operating cash flow$144.5M-15.5%
CapEx$14.0M+66.2%
Free cash flow$130.4M-19.8%

Valuation

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Market cap$3.72B+4.0%

Profitability

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Gross margin11.5%
Operating margin14.6%+0.1pp
Net margin10.4%+0.5pp
FCF margin21.3%+3.4pp

Returns & leverage

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Return on equity16.5%+0.8pp
Debt / equity0.9×-0.2×
Current ratio0.6×-0.1×

Where this comes from

Reported directly by SkyWest in its filing.

Tagged under the XBRL concept us-gaap:FlightEquipmentGross.

The official record: SkyWest’s 10-Q, filed April 24, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is SkyWest's flight equipment?
SkyWest (SKYW) reported flight equipment of $9.43B in Q1 2026.
How has SkyWest's flight equipment changed year-over-year?
SkyWest's flight equipment increased by 6.2% year-over-year, from $8.88B to $9.43B.
What is the long-term trend for SkyWest's flight equipment?
Over 5 years (2020 to 2025), SkyWest's flight equipment has grown at a 4.3% compound annual growth rate (CAGR), from $7.53B to $9.3B.
What does flight equipment mean?
This represents the gross book value of the primary operating fleet, including aircraft, engines, and rotable spare parts. It serves as the core capital asset base required to generate revenue through regional flight services and capacity purchase agreements. Monitoring this asset base provides insight into the scale of the company's operational capacity and long-term capital intensity.