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SkyWest SKYW Sky West Airlines — Labor And Related Expense

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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

Reported directly by SkyWest in its filing.

Tagged under the XBRL concept us-gaap:LaborAndRelatedExpense.

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

Filed
Jul 24, 2026, 4:02 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001104659-26-086641
Line itemSky West Airlines / and SWCSky West / LeasingConsolidated
Operating revenues$940,655$162,096$1,102,751
Salaries, wages and benefits426,161665426,826
Aircraft maintenance, materials and repairs231,12111,807242,928
Depreciation and amortization40,43452,06392,497
Interest expense3,75821,16824,926
Other segment expense (income) items(1)180,988(4,268)176,720
Segment profit(2)$58,193$80,661$138,854
Total assets (as of June 30, 2026)$3,345,993$4,066,237$7,412,230

Item 1. Financial Statements

FAQ

What is SkyWest's sky west airlines — labor and related expense?
SkyWest (SKYW) reported sky west airlines — labor and related expense of $426.16M in Q2 2026.
How has SkyWest's sky west airlines — labor and related expense changed year-over-year?
SkyWest's sky west airlines — labor and related expense increased by 9.4% year-over-year, from $389.58M to $426.16M.
What is the long-term trend for SkyWest's sky west airlines — labor and related expense?
Over 3 years (2022 to 2025), SkyWest's sky west airlines — labor and related expense has grown at a 8.8% compound annual growth rate (CAGR), from $1.21B to $1.56B.
What does sky west airlines — labor and related expense mean?
This captures the total costs associated with employee compensation, including wages, benefits, and payroll taxes for the airline segment. As a major component of operating costs, it reflects the segment's efficiency in managing human capital and labor productivity.

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