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SkyWest SKYW Net debt

Discontinued — last reported Q2 '26

Net debt at other companies

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Cloudflare, Inc.NET
-5×-5.4×
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ZscalerZS
19.2×+12.3×
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CitigroupC
0.1×-0.3×
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Morgan StanleyMS
-0.2×
Wells Fargo & Company logo
Wells Fargo & CompanyWFC
0.6×-1.3×
American Express logo
American ExpressAXP
0.3×+0.3×

Other financials

Income statement

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Revenue$1.1B+6.5%
Operating income$155.8M-8.4%
Net income$100.7M-16.3%
EPS (diluted)$2.54-12.7%

Balance sheet

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Cash & equivalents$81.4M+68.4%
Total debt$2.4B-7.5%
Total equity$2.8B+6.9%
Total assets$7.4B+3.3%

Cash flow

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Operating cash flow$291.9M+13.5%
CapEx$8.0M+44.8%
Free cash flow$283.9M+12.9%

Valuation

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Market cap$4.4B-2.9%
Enterprise value$6.71B-5.1%
P/E10.8×-0.4×
P/S1.1×-0.1×

Profitability

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Gross margin11.5%
Operating margin14%-1.2pp
Net margin9.8%-0.8pp
FCF margin21.7%+2.2pp

Returns & leverage

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Return on equity15.3%-1.6pp
Debt / equity0.9×-0.1×
Current ratio0.6×-0.2×

Where this comes from

Calculated from SkyWest’s reported figures.

The source filing: SkyWest’s 10-Q, filed July 24, 2026. Open the filing →

Filed
Jul 24, 2026, 4:02 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001104659-26-086641

FAQ

What is SkyWest's net debt?
SkyWest (SKYW) reported net debt of $2.3B in Q2 2026.
How has SkyWest's net debt changed year-over-year?
SkyWest's net debt decreased by 8.9% year-over-year, from $2.53B to $2.3B.
What is the long-term trend for SkyWest's net debt?
Over 5 years (2020 to 2025), SkyWest's net debt has grown at a -6.4% compound annual growth rate (CAGR), from $3.28B to $2.35B.
What does net debt mean?
Total debt minus cash and equivalents at the quarter end. The debt that would remain if the company used all its cash to pay down borrowings.

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