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Skywest financials
SKYWTen years from Skywest’s own SEC filings. Fiscal years end in December.
Income statement
| Dec 2016fiscal year | Dec 2017fiscal year | Dec 2018fiscal year | Dec 2019fiscal year | Dec 2020fiscal year | Dec 2021fiscal year | Dec 2022fiscal year | Dec 2023fiscal year | Dec 2024fiscal year | Dec 2025fiscal year | Last 12 monthsto Jun 2026 | Latest quarterJun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.06B | $3.12B | $3.22B | $2.97B | $2.13B | $2.71B | $3.00B | $2.94B | $3.53B | $4.06B | $4.19B | — |
| Operating income | −$172.7M | $388.2M | $474.3M | $512.3M | $108.8M | $275.9M | $181.2M | $104.1M | $494.7M | $617.8M | $587.9M | — |
| Net income | −$161.6M | $428.9M | $280.4M | $340.1M | −$8.5M | $111.9M | $73.0M | $34.3M | $323.0M | $428.3M | $409.9M | — |
| Earnings per share, diluted | −$3.14 | $8.08 | $5.30 | $6.62 | −$0.17 | $2.20 | $1.44 | $0.77 | $7.77 | $10.35 | — | — |
Balance sheet
| Dec 2016fiscal year | Dec 2017fiscal year | Dec 2018fiscal year | Dec 2019fiscal year | Dec 2020fiscal year | Dec 2021fiscal year | Dec 2022fiscal year | Dec 2023fiscal year | Dec 2024fiscal year | Dec 2025fiscal year | Last 12 monthsto Jun 2026 | Latest quarterJun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $146.8M | $181.8M | $328.4M | $87.2M | $215.7M | $258.4M | $103.0M | $148.3M | $227.4M | $122.7M | — | $81.4M |
| Total assets | $5.14B | $5.46B | $6.31B | $6.66B | $6.89B | $7.13B | $7.41B | $7.03B | $7.14B | $7.39B | — | $7.41B |
| Debt | $2.55B | $2.69B | $3.16B | $2.99B | $3.20B | $3.11B | $3.38B | $3.01B | $2.67B | $2.39B | — | $2.30B |
| Total liabilities | $3.79B | $3.70B | $4.35B | $4.48B | $4.75B | $4.86B | $5.07B | $4.91B | $4.73B | $4.64B | — | $4.65B |
| Shareholders' equity | $1.35B | $1.75B | $1.96B | $2.18B | $2.14B | $2.27B | $2.35B | $2.11B | $2.41B | $2.75B | — | $2.76B |
Cash flow
| Dec 2016fiscal year | Dec 2017fiscal year | Dec 2018fiscal year | Dec 2019fiscal year | Dec 2020fiscal year | Dec 2021fiscal year | Dec 2022fiscal year | Dec 2023fiscal year | Dec 2024fiscal year | Dec 2025fiscal year | Last 12 monthsto Jun 2026 | Latest quarterJun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $506.7M | $684.1M | $802.5M | $721.0M | $633.6M | $831.8M | $480.4M | $736.3M | $692.5M | $940.4M | $948.6M | — |
| Capital spending | $1.16B | $689.4M | $1.16B | $846.5M | $460.5M | $567.0M | $662.3M | $263.9M | $439.2M | $549.0M | $40.1M | — |
| Free cash flow | −$652.3M | −$5.3M | −$353.7M | −$125.4M | $173.1M | $264.8M | −$181.9M | $472.4M | $253.2M | $391.4M | $908.5M | — |
| Buybacks | $20.0M | $20.0M | $54.4M | $78.5M | $20.0M | — | — | $289.1M | $43.3M | — | — | — |
| Dividends | $9.3M | $15.0M | $19.7M | $23.5M | $13.1M | — | — | — | — | — | — | — |
| Returned to shareholders | $29.3M | $35.0M | $74.2M | $101.9M | $33.1M | — | — | $289.1M | $43.3M | — | — | — |
| Stock-based pay | $7.6M | $10.6M | $13.1M | $10.3M | $6.8M | $8.7M | $9.2M | $17.1M | $19.9M | $18.7M | — | — |
Where these numbers come from
Every column links to the filing it comes from on EDGAR. Last 12 months adds the latest year to date to the last 10-K and takes away the same months a year earlier. Debt is long-term debt including the part due within a year. A dash means the company did not report that line in a form we can read, never a zero. Market cap uses the latest closing price and the share count from the cover of the latest filing. How we count
Skywest financials, answered
What is Skywest's market cap?
$3.55B at $91.51 a share, with 38,828,325 shares outstanding as of Jul 17, 2026, from the cover of its latest SEC filing.
How much does Skywest earn?
Revenue of $4.19B and net income of $409.9M in the last 12 months to Jun 2026.
How much debt does Skywest have?
Skywest reported $2.30B of debt and $81.4M of cash and equivalents on its balance sheet in Jun 2026.
Does Skywest make free cash flow?
Yes. Operating cash flow minus capital spending was $908.5M in the last 12 months to Jun 2026.