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SkyWest SKYW Operating margin

Operating margin at other companies

Delta Air Lines logo
Delta Air LinesDAL
8.1%-1.3pp
Alaska Air Group logo
Alaska Air GroupALK
-1.5%-5.2pp
Southwest Airlines logo
Southwest AirlinesLUV
3.5%+2.3pp
United Airlines Holdings logo
United Airlines HoldingsUAL
7.7%-0.9pp
Willis Lease Finance logo
Willis Lease FinanceWLFC
14.9%-8.3pp

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%
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.

Based on trailing twelve months.

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 operating margin?
SkyWest (SKYW) reported operating margin of 14% in Q2 2026.
How has SkyWest's operating margin changed year-over-year?
SkyWest's operating margin decreased by 7.9% year-over-year, from 15.2% to 14%.
What is the long-term trend for SkyWest's operating margin?
Over 4 years (2020 to 2025), SkyWest's operating margin has grown at a 31.3% compound annual growth rate (CAGR), from 5.1% to 15.2%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.

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