| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 93 | 9.5x | 17.8x | Top tier | |
Growth | 63 | 9.1% | 7.1% | Around median | |
Quality | 92 | 8.2% | 4.5% | Top tier | |
Safety | 61 | 2.6x | 2.6x | Around median | |
Capital Return | 77 | — | 2.12% | Top tier | |
Momentum | 43 | -5.4% | 2.9% | Around median | |
Sentiment | 24 | 4 | 3 | Bottom tier |
Estimates — analyst targets and a simplified DCF, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
SkyWest operates as a regional air carrier through four revenue streams: contract flying for major airlines, prorate flying, leasing, and charter flying. Its model relies on operating E175 and CRJ fleets for partners including United, Delta, American, and Alaska, while directing investments toward E175 aircraft and converting CRJ700 and CRJ200 aircraft into dual-class CRJ550 and CRJ450 aircraft.
In Q2 fiscal 2026, revenue reached $1.1 billion, up 7% from Q2 fiscal 2025 and 9% from Q1 fiscal 2026. The mix consisted of $864 million in contract revenue, $201 million from prorate and charter flying, and $38 million from leasing and other revenue; accordingly, contract operations represented approximately 78% of total reported revenue.
Q2 fiscal 2026 generated GAAP net income of $101 million, or $2.54 per diluted share, and pre-tax income of $139 million, up 29% from Q1 fiscal 2026. The results included the recognition of $27 million in deferred revenue, while $214 million in cumulative deferred revenue remained to be recognized in future periods; the provided data did not include a gross profit figure or gross margin for the quarter.
Automated analysis for informational purposes only — not investment advice.
Analyst consensus rates SKYW as "Buy," with an average price target of $108, while the highest and lowest targets both equal $108, so the provided targets show no range of variation. This target is below the 52-week range high of $123.67 and above its low of $77.89, while the width of the range reflects valuation sensitivity to fuel volatility, fleet capital expenditures, and demand strength; the provided data did not include a valid earnings multiple that could be used as an additional anchor.
Figures in the text are as of 2026-08-31; the live price is shown at the top of the page.
Revenue reached $1.1 billion, up 7% from Q2 fiscal 2025 and 9% from Q1 fiscal 2026. GAAP net income was approximately $101 million, or $2.54 per diluted share, with pre-tax income of $139 million. The company also completed approximately 228 thousand flights at an adjusted completion rate of 99.9%, while block hours increased 9% sequentially.
The agreement provides for the purchase and operation of 11 new E175 aircraft to replace 11 CRJ700 aircraft operated by SkyWest for American. Four aircraft are scheduled for delivery in late Q4 fiscal 2026 and seven aircraft in the first half of fiscal 2027. SkyWest intends to redeploy the replaced CRJ700 aircraft through prorate contracts, capacity purchase agreements, or leasing arrangements with one of its major partners.
Management expects block hours to increase approximately 5% from fiscal 2025 and GAAP earnings per share of approximately $11. The earnings outlook is based on an average fuel price of $3.65 per gallon and consumption of 28 million gallons in prorate operations during the second half of fiscal 2026. It also expects Q3 fiscal 2026 to be seasonally the strongest, with Q4 earnings declining modestly from that level.
Prorate fuel expense was approximately $61 million in Q2 fiscal 2026, compared with $28 million in the corresponding quarter of fiscal 2025. The price per gallon rose to $4.45 from $2.88, adding an unfavorable price impact of $21 million, along with $12 million associated with higher production. Fare increases offset approximately 60% of the impact of the higher price per gallon, so the fiscal 2026 earnings outlook remained exposed to fuel volatility.
The company expects to add 34 E175 aircraft through the end of fiscal 2028 and reach 300 E175 aircraft by the end of fiscal 2027. As of June 30, 2026, 36 of the 50 CRJ550 aircraft contracted with United were in service, with the remaining fourteen aircraft expected to enter service during fiscal 2026. It also plans to convert four to six aircraft per month into CRJ450 aircraft beginning in fall 2026, utilizing more than 30 parked CRJ200 aircraft.
The company allocates cash flows among fleet investment, debt reduction, and share repurchases. During the first half of fiscal 2026, it generated more than $460 million in EBITDA, invested more than $240 million in the fleet and related assets, and repurchased $150 million of shares. In Q2 alone, it repaid $122 million of debt, while the board of directors added $250 million to the share repurchase authorization on July 23, 2026.
