The earnings beat leaned on an accounting change: SkyWest stretched the E175 fleet's useful life to 30 years, cutting depreciation and amortization to $76.3 million from $92.5 million a year ago. Revenue still missed expectations.
Skywest Inc
SKYW at a Glance
- Market cap
- $3.7B
- P/E ratio
- 9.6
- Revenue (TTM)
- $4.2B
- Profit margin
- 9.8%
- EPS (TTM)
- $10.06
- 52-week range
- $78 – $118
- Street target
- $125.33
- Next report
- Jan 27, 2027
Headquartered in Saint George, UT Fiscal year ends December NASDAQ: SKYW skywest.com
About SkyWest
SkyWest, Inc. is the holding company for SkyWest Airlines, Inc., SkyWest Charter, LLC (SWC) and SkyWest Leasing, Inc., an aircraft equipment leasing company.
SkyWest Airlines operates regional flights under capacity purchase and prorate agreements with United Airlines, Delta Air Lines, American Airlines and Alaska Airlines. It has a fleet of approximately 500 aircraft serving over 240 destinations across North America, and carried more than 46 million passengers in 2025.
Revenue comes primarily from flying agreements, which include fixed monthly payments and block-hour-based compensation. Additional revenue comes from leasing aircraft to third parties (41 CRJ550s and one CRJ700 as of September 30, 2026), airport services and charter operations through SWC.
As of September 30, 2026, the fleet in scheduled service or under contract totaled 522 aircraft: 276 E175s, 5 E170s, 44 CRJ900s, 67 CRJ700s, 61 CRJ550s and 69 CRJ200s. The company is expanding its E175 fleet, with 69 additional deliveries anticipated through 2028 and beyond, and is transitioning CRJ200s to a CRJ450 configuration. Updated
Frequently Asked Questions
What does SkyWest do?
SkyWest, Inc. is the holding company for SkyWest Airlines, Inc., SkyWest Charter, LLC (SWC) and SkyWest Leasing, Inc., an aircraft equipment leasing company.
What is the SKYW stock price target?
The Wall Street consensus 12-month price target for SKYW is $125.33.