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SkyWest SKYW Operating Lease Variable Lease Income

Operating Lease Variable Lease Income at other companies

GATX logo
GATXGATX
$30.2M+18.0%
SkyWest logo
SkyWestSKYW
$7.45M+6.2%
Welltower logo
WelltowerWELL
$19.57M-66.0%
Medline, Inc.
 logo
Medline, Inc. MDLN
$500K0.0%
International Business Machines logo
International Business MachinesIBM
$20M+66.7%
GATX logo
GATXGATX
$484.4M+46.4%

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:OperatingLeaseVariableLeaseIncome.

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 operating lease variable lease income?
SkyWest (SKYW) reported operating lease variable lease income of $7.45M in Q1 2026.
How has SkyWest's operating lease variable lease income changed year-over-year?
SkyWest's operating lease variable lease income increased by 6.2% year-over-year, from $7.01M to $7.45M.
What is the long-term trend for SkyWest's operating lease variable lease income?
Over 4 years (2021 to 2025), SkyWest's operating lease variable lease income has grown at a 13.0% compound annual growth rate (CAGR), from $20M to $32.56M.
What does operating lease variable lease income mean?
Income derived from lease agreements that fluctuates based on usage, performance, or other variable factors rather than fixed periodic payments. This metric indicates the company's ability to capture additional value from its leased assets during periods of high utilization.