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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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Home›SKYW›Financials
Annual statements · SEC XBRL · FY2016 – FY2025

SKYWEST INC (SKYW) financials

Income statement

SKYWEST INC (SKYW) income statement, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$3.06B$3.12B$3.22B$2.97B$2.13B$2.71B$3.00B$2.94B$3.53B$4.06B
Revenue growth—1.9%3.2%-7.8%-28.4%27.6%10.7%-2.3%20.2%15.0%
Operating income-$173M$388M$474M$512M$109M$276M$181M$104M$495M$618M
Operating margin-5.6%12.4%14.7%17.2%5.1%10.2%6.0%3.5%14.0%15.2%
Net income-$162M$429M$280M$340M-$8.52M$112M$73.0M$34.3M$323M$428M
Net margin-5.3%13.7%8.7%11.4%-0.4%4.1%2.4%1.2%9.2%10.6%
EPS (diluted)-$3.14$8.08$5.30$6.62-$0.17$2.20$1.44$0.77$7.77$10.35

Cash flow

SKYWEST INC (SKYW) cash flow, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$507M$684M$803M$721M$634M$832M$480M$736M$692M$940M
Capital expenditures$14.3M$27.5M$34.4M$80.6M$12.7M$18.1M$13.0M$13.3M$44.9M$32.0M
Free cash flow$492M$657M$768M$640M$621M$814M$467M$723M$648M$908M
Share buybacks—$20.0M$54.4M$78.5M$20.0M—————
Dividends paid$9.26M$15.0M$19.7M$23.5M$13.1M—————

Balance sheet

SKYWEST INC (SKYW) balance sheet, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$147M$182M$328M$87.2M$216M$258M$103M$148M$227M$123M
Total assets$5.01B$5.47B$6.31B$6.66B$6.89B$7.13B$7.41B$7.03B$7.14B$7.39B
Long-term debt$2.24B$2.38B$2.81B$2.63B$2.80B$2.72B$2.94B$2.56B$2.14B$1.85B
Shareholders' equity$1.35B$1.75B$1.96B$2.18B$2.14B$2.27B$2.35B$2.11B$2.41B$2.75B
Retained earnings$1.10B$1.52B$1.78B$2.08B$2.05B$2.16B$2.24B$2.27B$2.59B$3.02B
Shares (wtd avg diluted)51.5M53.1M52.9M51.4M50.2M50.8M50.6M44.6M41.5M41.4M

Every figure is extracted from SKYWEST INC’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is SKYWEST INC's annual revenue?
SKYWEST INC (SKYW) reported $4.06B of revenue for fiscal year 2025 — up 15.0% from $3.53B in FY2024, per its annual report filed with the SEC.
Is SKYWEST INC profitable?
Yes — SKYW earned $428M of net income in FY2025, a 10.6% net margin, per SEC filings.
What is SKYWEST INC's free cash flow?
$908M in FY2025 (operating cash flow $940M minus $32.0M of capital expenditures), from the SEC cash-flow statement.
Does SKYW pay a dividend?
SKYWEST INC reported no cash dividends paid in FY2025, per its SEC cash-flow statement.
Full SKYW analysis — verdict, score & filings →Is SKYW a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.