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SkyWest SKYW Skywest Leasing — Interest Expense Nonoperating

Other segment segments

Sky West Airlines
$2.74M-8.3%

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FTAIAviation Leasing — Nonoperating Income (Expense)
$70.08M+64.1%

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:InterestExpenseNonoperating.

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 skywest leasing — interest expense nonoperating?
SkyWest (SKYW) reported skywest leasing — interest expense nonoperating of $21.73M in Q1 2026.
How has SkyWest's skywest leasing — interest expense nonoperating changed year-over-year?
SkyWest's skywest leasing — interest expense nonoperating decreased by 10.0% year-over-year, from $24.14M to $21.73M.
What is the long-term trend for SkyWest's skywest leasing — interest expense nonoperating?
Over 3 years (2022 to 2025), SkyWest's skywest leasing — interest expense nonoperating has grown at a -6.7% compound annual growth rate (CAGR), from $114.28M to $92.75M.
What does skywest leasing — interest expense nonoperating mean?
This measures the interest costs incurred on debt obligations specifically attributed to the leasing segment that are classified as non-operating. It highlights the financing costs associated with maintaining the aircraft portfolio independent of core operational activities.