SKYWEST INC
SKYW · Air Transportation, Scheduled · 39.7M shares · -3%/yr ↓ buyback · EDGAR filings ↗
Net buyback after stock comp: $3M (gross $20M, SBC $17M)
Reference price $106.53 · est. market cap ~$4.2B — last insider sale, 2026-02-24 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
B78Largest U.S. regional airline with top-decile returns and strong cash generation, tempered by deep dependence on major-airline code-share partners.
Strengths
- ROA 5.8% (92nd pct) and ROE 15.6% (85th pct) are top-tier for the sector, with FCF at the 90th pct
- Net income grew 33% to $428M on 15% revenue growth; diversified across four major partners
Risks
- Capacity-purchase model leaves revenue controlled by United/Delta/American/Alaska scope limits and utilization decisions
- Low current ratio (0.65) and exposure to fuel, labor and macro cyclicality
Notable findings
- Weak liquidityCurrent ratio 0.65 (<1)
- Strong balance sheetStrong balance sheet — $707M cash & investments
- Buying back stockNet buyback — share count -3%/yr over 4y
- Revenue declineRevenue -14.0% YoY
- Insider sellingInsider selling — 3 open-market sale(s) by 1 insider(s) (~$3M, last 6mo) Form 4 ↗
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Return on equity
15.6%
Return on assets
5.8%
ROIC
10.6%
Revenue growth (QoQ)
-14.0%
Net-income growth
32.6%
Debt / equity
0.7×
Net debt / EBITDA
1.2×
Current ratio
0.7×
Free cash flow
$908M
EBITDA
$982M
Tangible book value
$2.7B
Cash & investments
$707M
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-05-05 | SMITH KEITH | Grant | 1.2K | — |
| 2026-05-05 | Welch James L | Grant | 1.2K | — |
| 2026-05-05 | MITTELSTAEDT RONALD J | Grant | 1.2K | — |
| 2026-05-05 | Conjeevaram Smita | Grant | 1.2K | — |
| 2026-05-05 | Madden Meredith Siegfried | Grant | 1.2K | — |
| 2026-05-05 | LEATHERS DEREK J | Grant | 1.2K | — |
| 2026-02-27 | Childs Russell A | Gift | 25K | — |
| 2026-02-24 | Steel Wade J | Sell | 21K | $106.53 |
| 2026-02-18 | Steel Wade J | Sell | 3.1K | $108.49 |
| 2026-02-18 | Steel Wade J | Sell | 4.3K | $106.89 |
| 2026-02-17 | Steel Wade J | Gift | 5.7K | — |
| 2026-02-09 | Childs Russell A | Tax withheld | 132K | $105.96 |
| 2026-02-09 | SIMMONS ROBERT J | Tax withheld | 47K | $105.96 |
| 2026-02-09 | Woodward Eric | Tax withheld | 16K | $105.96 |
| 2026-02-09 | Steel Wade J | Tax withheld | 43K | $105.96 |
| 2026-02-09 | Wooley Greg | Tax withheld | 27K | $105.96 |
| 2026-02-03 | Childs Russell A | Grant | 25K | — |
| 2026-02-03 | Childs Russell A | Grant | 11K | — |
| 2026-02-03 | SIMMONS ROBERT J | Grant | 3.6K | — |
| 2026-02-03 | SIMMONS ROBERT J | Grant | 36K | — |
| 2026-02-03 | SIMMONS ROBERT J | Grant | 8.7K | — |
| 2026-02-03 | SIMMONS ROBERT J | Grant | 3.9K | — |
| 2026-02-03 | Woodward Eric | Grant | 12K | — |
| 2026-02-03 | Wooley Greg | Grant | 2.1K | — |
| 2026-02-03 | Hansen Dale T | Grant | 1.5K | — |
| 2026-02-03 | Wooley Greg | Grant | 21K | — |
| 2026-02-03 | Wooley Greg | Grant | 5.3K | — |
| 2026-02-03 | Wooley Greg | Grant | 2.3K | — |
| 2026-02-03 | Steel Wade J | Grant | 3.6K | — |
| 2026-02-03 | Steel Wade J | Grant | 36K | — |
| 2026-02-03 | Steel Wade J | Grant | 8.7K | — |
| 2026-02-03 | Steel Wade J | Grant | 3.9K | — |
| 2026-02-03 | Woodward Eric | Grant | 1.3K | — |
| 2026-02-03 | Hansen Dale T | Grant | 1.7K | — |
| 2026-02-03 | Woodward Eric | Grant | 3.1K | — |
| 2026-02-03 | Woodward Eric | Grant | 1.3K | — |
| 2026-02-03 | Childs Russell A | Grant | 10K | — |
| 2026-02-03 | Childs Russell A | Grant | 103K | — |
| 2025-12-29 | MITTELSTAEDT RONALD J | Gift | 5.5K | — |
| 2025-12-11 | Madden Meredith Siegfried | Sell | 4.7K | $106.54 |
| 2025-08-19 | Wooley Greg | Sell | 2.0K | $116.83 |
| 2025-08-12 | Welch James L | Sell | 10K | $116.09 |
| 2025-08-12 | Childs Russell A | Sell | 26K | $116.06 |
| 2025-07-30 | SIMMONS ROBERT J | Sell | 8.4K | $117.10 |
| 2025-07-30 | SIMMONS ROBERT J | Sell | 8.8K | $117.80 |
| 2025-07-29 | Steel Wade J | Sell | 13K | $118.09 |
| 2025-07-29 | Woodward Eric | Sell | 5.3K | $116.47 |
| 2025-07-29 | Woodward Eric | Sell | 1.7K | $117.30 |
| 2025-07-29 | Steel Wade J | Sell | 4.4K | $118.74 |
| 2025-07-29 | WELCH JAMES L | Sell | 10K | $118.25 |
| 2025-07-28 | Childs Russell A | Gift | 18K | — |
| 2025-06-03 | SIMMONS ROBERT J | Sell | 745 | $104.13 |
| 2025-06-03 | SIMMONS ROBERT J | Sell | 16K | $103.74 |
| 2025-05-28 | Steel Wade J | Sell | 13K | $100.91 |
| 2025-05-28 | Steel Wade J | Sell | 2.2K | $101.67 |
| 2025-05-27 | Childs Russell A | Sell | 17K | $100.91 |
| 2025-05-06 | Madden Meredith Siegfried | Grant | 1.3K | — |
| 2025-05-06 | MITTELSTAEDT RONALD J | Grant | 1.3K | — |
| 2025-05-06 | SMITH KEITH | Grant | 1.3K | — |
| 2025-05-06 | WELCH JAMES L | Grant | 1.3K | — |
| 2025-05-06 | LEATHERS DEREK J | Grant | 1.3K | — |
| 2025-05-06 | Conjeevaram Smita | Grant | 1.3K | — |
| 2025-02-18 | Wooley Greg | Sell | 945 | $104.96 |
| 2025-02-18 | Wooley Greg | Sell | 9.8K | $104.28 |
| 2025-02-18 | Wooley Greg | Sell | 3.8K | $109.64 |
| 2025-02-10 | Woodward Eric | Tax withheld | 9.3K | $113.32 |
| 2025-02-10 | SIMMONS ROBERT J | Sell | 6.0K | $113.57 |
| 2025-02-10 | SIMMONS ROBERT J | Tax withheld | 27K | $113.32 |
| 2025-02-10 | Childs Russell A | Tax withheld | 77K | $113.32 |
| 2025-02-10 | Steel Wade J | Tax withheld | 27K | $113.32 |
| 2025-02-10 | Wooley Greg | Tax withheld | 16K | $113.32 |
| 2025-02-10 | Woodward Eric | Gift | 1.9K | — |
| 2025-02-06 | Steel Wade J | Gift | 2.4K | — |
| 2025-02-04 | Childs Russell A | Grant | 25K | — |
| 2025-02-04 | Woodward Eric | Grant | 935 | — |
| 2025-02-04 | Woodward Eric | Grant | 7.0K | — |
| 2025-02-04 | Woodward Eric | Grant | 12K | — |
| 2025-02-04 | Woodward Eric | Grant | 3.1K | — |
| 2025-02-04 | Wooley Greg | Grant | 1.6K | — |
| 2025-02-04 | Wooley Greg | Grant | 12K | — |
| 2025-02-04 | Wooley Greg | Grant | 21K | — |
| 2025-02-04 | Wooley Greg | Grant | 5.3K | — |
| 2025-02-04 | Steel Wade J | Grant | 2.7K | — |
| 2025-02-04 | Steel Wade J | Grant | 20K | — |
| 2025-02-04 | Steel Wade J | Grant | 36K | — |
| 2025-02-04 | Steel Wade J | Grant | 8.7K | — |
| 2025-02-04 | SIMMONS ROBERT J | Grant | 2.7K | — |
| 2025-02-04 | SIMMONS ROBERT J | Grant | 20K | — |
| 2025-02-04 | SIMMONS ROBERT J | Grant | 36K | — |
| 2025-02-04 | SIMMONS ROBERT J | Grant | 8.7K | — |
| 2025-02-04 | Hansen Dale T | Grant | 1.2K | — |
| 2025-02-04 | Childs Russell A | Grant | 7.7K | — |
| 2025-02-04 | Childs Russell A | Grant | 59K | — |
| 2025-02-04 | Childs Russell A | Grant | 103K | — |
All non-derivative Form 4 activity (SEC), newest first.
Supply chain
Suppliers (2)
- Embraer S.A.
- MHI RJ Aviation ULC (formerly Bombardier Aerospace)
Named in the 10-K; linked when we track them.
Notable events (8-K)
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-05-07 | 2026-05-05 | 0001104659-26-057092 ↗ |
| 10-Q | 2026-04-24 | 2026-03-31 | 0001104659-26-048542 ↗ |
| 8-K | 2026-04-23 | 2026-04-23 | 0001104659-26-047674 ↗ |
| 10-K | 2026-02-17 | 2025-12-31 | 0001104659-26-016358 ↗ |
| 8-K | 2026-01-29 | 2026-01-29 | 0001104659-26-007962 ↗ |
| 10-Q | 2025-10-31 | 2025-09-30 | 0001104659-25-104919 ↗ |
| 8-K | 2025-10-30 | 2025-10-30 | 0001104659-25-104349 ↗ |
| 10-Q | 2025-07-25 | 2025-06-30 | 0001558370-25-009609 ↗ |
| 8-K | 2025-07-24 | 2025-07-24 | 0001558370-25-009532 ↗ |
| 8-K | 2025-05-08 | 2025-05-06 | 0001558370-25-006958 ↗ |
| 8-K | 2025-05-07 | 2025-05-06 | 0001558370-25-006596 ↗ |
| 10-Q | 2025-04-25 | 2025-03-31 | 0001558370-25-005551 ↗ |