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
10-Q - Q2 2024 - Jul 26, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 87.9 % -19.4%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 40.1M shares -4.66%
Entity Public Float 1.73B USD +60.7%
Weighted Average Number of Shares Outstanding, Basic 40.2M shares -8.35%
Weighted Average Number of Shares Outstanding, Diluted 41.4M shares -6.31%

Income Statement

Label TTM Value / Value Unit Change %
Operating Income (Loss) 296M USD +338%
Nonoperating Income (Expense) -64.9M USD +19.9%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 231M USD +479%
Income Tax Expense (Benefit) 54.3M USD +1099%
Earnings Per Share, Basic 4.26 USD/shares +437%
Earnings Per Share, Diluted 4.14 USD/shares +420%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 142M USD +23.9%
Other Assets, Current 43.7M USD -52.7%
Assets, Current 1.12B USD -5.75%
Property, Plant and Equipment, Net 5.43B USD -1.03%
Operating Lease, Right-of-Use Asset 82.4M USD -11.3%
Other Assets, Noncurrent 413M USD +18.3%
Assets 6.96B USD -2.16%
Accounts Payable, Current 480M USD +4.88%
Employee-related Liabilities, Current 198M USD +4.6%
Contract with Customer, Liability, Current 64.2M USD +779%
Liabilities, Current 1.32B USD +13.5%
Contract with Customer, Liability, Noncurrent 303M USD +19.1%
Deferred Income Tax Liabilities, Net 725M USD +6.26%
Operating Lease, Liability, Noncurrent 63.6M USD -14%
Other Liabilities, Noncurrent 334M USD +14.3%
Common Stocks, Including Additional Paid in Capital 766M USD +2.94%
Accumulated Other Comprehensive Income (Loss), Net of Tax -508K USD +37.1%
Retained Earnings (Accumulated Deficit) 2.41B USD +7.93%
Stockholders' Equity Attributable to Parent 2.23B USD +3.43%
Liabilities and Equity 6.96B USD -2.16%

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 142M USD +23.9%
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 177M USD +342%
Lessee, Operating Lease, Liability, to be Paid 123M USD -4.7%
Property, Plant and Equipment, Gross 8.8B USD +3.21%
Operating Lease, Liability, Current 18.8M USD +0.48%
Lessee, Operating Lease, Liability, to be Paid, Year Two 15.4M USD -10.2%
Lessee, Operating Lease, Liability, to be Paid, Year One 17.9M USD -19.6%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure 0%
Lessee, Operating Lease, Liability, to be Paid, Year Three 13.1M USD -3.38%
Deferred Tax Assets, Operating Loss Carryforwards 130M USD -30%
Preferred Stock, Shares Issued 0 shares
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 -19%
Operating Lease, Payments 5.7M USD -58.1%
Preferred Stock, Shares Outstanding 0 shares
Depreciation, Depletion and Amortization 384M USD -0.36%
Share-based Payment Arrangement, Expense 5.5M USD +27.9%
Interest Expense 127M USD -3.76%