Skywest Inc financial data

Symbol
SKYW on Nasdaq
Industry
Air Transportation, Scheduled
Location
444 S River Rd, St George, Utah
State of incorporation
Utah
Fiscal year end
December 31
Latest financial report
Q1 2024 - Apr 26, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 92.1 % -15.5%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 40.3M shares -9.4%
Entity Public Float 1.73B USD +60.7%
Weighted Average Number of Shares Outstanding, Basic 40.3M shares -18.4%
Weighted Average Number of Shares Outstanding, Diluted 41.5M shares -16%

Income Statement

Label TTM Value / Value Unit Change %
Operating Income (Loss) 208M USD +67.4%
Nonoperating Income (Expense) -61.7M USD +25.4%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 147M USD +252%
Income Tax Expense (Benefit) 29.9M USD +249%
Earnings Per Share, Basic 2.73 USD/shares +327%
Earnings Per Share, Diluted 2.67 USD/shares +317%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 180M USD +142%
Other Assets, Current 32.4M USD -65%
Assets, Current 1.07B USD -14.6%
Property, Plant and Equipment, Net 5.49B USD -1.27%
Operating Lease, Right-of-Use Asset 85.9M USD -10.9%
Other Assets, Noncurrent 423M USD +30.4%
Assets 6.98B USD -3.47%
Accounts Payable, Current 481M USD +6.29%
Employee-related Liabilities, Current 181M USD -1.67%
Contract with Customer, Liability, Current 58M USD +936%
Liabilities, Current 1.31B USD +13.9%
Contract with Customer, Liability, Noncurrent 315M USD +58.5%
Deferred Income Tax Liabilities, Net 704M USD +3.24%
Operating Lease, Liability, Noncurrent 66.2M USD -13.3%
Other Liabilities, Noncurrent 346M USD +46.7%
Common Stocks, Including Additional Paid in Capital 761M USD +2.88%
Accumulated Other Comprehensive Income (Loss), Net of Tax 152K USD
Retained Earnings (Accumulated Deficit) 2.33B USD +5.27%
Stockholders' Equity Attributable to Parent 2.16B USD -3.01%
Liabilities and Equity 6.98B USD -3.47%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 158M USD +4.96%
Net Cash Provided by (Used in) Financing Activities -125M USD +31%
Net Cash Provided by (Used in) Investing Activities -554K USD -118%
Common Stock, Shares Authorized 120M shares 0%
Common Stock, Shares, Issued 83.1M shares +0.41%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 180M USD +142%
Interest Paid, Excluding Capitalized Interest, Operating Activities 30.4M USD -10.3%
Deferred Tax Assets, Valuation Allowance 630K USD -63.3%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 442M USD -0.58%
Payments to Acquire Property, Plant, and Equipment 4.25M USD -58.8%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 119M USD +287%
Lessee, Operating Lease, Liability, to be Paid 128M USD -3.88%
Property, Plant and Equipment, Gross 8.78B USD +3.01%
Operating Lease, Liability, Current 19.7M USD +4.95%
Lessee, Operating Lease, Liability, to be Paid, Year Two 14.9M USD -9.73%
Lessee, Operating Lease, Liability, to be Paid, Year One 18M USD -19%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure 0%
Deferred Income Tax Expense (Benefit) 539K USD -97.7%
Lessee, Operating Lease, Liability, to be Paid, Year Three 13M USD -3.37%
Deferred Tax Assets, Operating Loss Carryforwards 130M USD -30%
Preferred Stock, Shares Issued 0 shares
Deferred Federal Income Tax Expense (Benefit) -678K USD -103%
Current Income Tax Expense (Benefit) 6.76M USD
Preferred Stock, Shares Authorized 5M shares 0%
Unrecognized Tax Benefits 654K USD -92%
Lessee, Operating Lease, Liability, to be Paid, Year Four 9.98M USD -18.8%
Operating Lease, Payments 5.7M USD -58.1%
Preferred Stock, Shares Outstanding 0 shares
Current State and Local Tax Expense (Benefit) 1.79M USD -1.05%
Current Federal Tax Expense (Benefit) 4.96M USD
Depreciation, Depletion and Amortization 385M USD -0.29%
Share-based Payment Arrangement, Expense 5.5M USD +27.9%
Deferred State and Local Income Tax Expense (Benefit) -111K USD -103%
Interest Expense 127M USD -3.76%