Skywest Inc. logo

SKYW

Skywest Inc.

$23.25

Earnings Summary

Revenue
$799.09Mn
Net Profits
$53.95Mn
Net Profit Margins
6.75%
PE Ratio
14.33

Highlights

Revenue:

Skywest Inc.’s revenue jumped 21.63% since last year same period to $799.09Mn in the Q2 2022. On a quarterly growth basis, Skywest Inc. has generated 8.7% jump in its revenue since last 3-months.

Net Profits:

Skywest Inc.’s net profit fell -12.97% since last year same period to $53.95Mn in the Q2 2022. On a quarterly growth basis, Skywest Inc. has generated 204.22% jump in its net profits since last 3-months.

Net Profit Margins:

Skywest Inc.’s net profit margin fell -28.45% since last year same period to 6.75% in the Q2 2022. On a quarterly growth basis, Skywest Inc. has generated 179.88% jump in its net profit margins since last 3-months.

PE Ratio:

Skywest Inc.’s price-to-earnings ratio after this Q2 2022 earnings stands at 14.33.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Skywest Inc. post its latest quarter earnings

EPS Estimate Current Quarter
0.07
EPS Estimate Current Year
0.07

Highlights

EPS Estimate Current Quarter:

Skywest Inc.’s earning per share (EPS) estimates for the current quarter stand at 0.07 - a -84.44% fall from last quarter’s estimates.

EPS Estimate Current Year:

Skywest Inc.’s earning per share (EPS) estimates for the current year stand at 0.07.

Key Ratios

Key ratios of the Skywest Inc. post its Q2 2022 earnings

Earning Per Share (EPS)
1.07
Return on Assets (ROA)
0.02
Return on Equity (ROE)
0.04
Dividend Per Share (DPS)
0

Highlights

Earning Per Share (EPS):

Skywest Inc.’s earning per share (EPS) fell -12.3% since last year same period to 1.07 in the Q2 2022. This indicates that the Skywest Inc. has generated -12.3% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Skywest Inc.’s return on assets (ROA) stands at 0.02.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Skywest Inc.’s return on equity (ROE) stands at 0.04.

Dividend Per Share (DPS):

Skywest Inc. declared 0 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-05
0.01
0.35
3400%
2022-08-04
0.45
1.07
137.78%

Company Information

SkyWest, Inc. is the holding company for SkyWest Airlines and SkyWest Leasing, an aircraft leasing company. SkyWest Airlines has a fleet of nearly 450 aircraft connecting passengers to 227 destinations throughout North America. SkyWest Airlines operates through partnerships with United Airlines, Delta Air Lines, American Airlines and Alaska Airlines carrying more than 43 million passengers in 2019. Based in St. George, Utah, SkyWest continues to set the standard for excellence across the regional industry with exceptional value for customers, shareholders and more than 13,000 employees.

Organisation
Skywest Inc.
Headquarters
Saint George, Utah, US
Employees
12.5K
Industry
Transportation
CEO
Jerry Atkin