Financials SkyWest, Inc.

Equities

SKYW

US8308791024

Airlines

Market Closed - Nasdaq 04:00:00 2024-04-26 pm EDT 5-day change 1st Jan Change
73.66 USD +0.71% Intraday chart for SkyWest, Inc. +6.55% +41.11%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 3,259 2,023 1,980 835.4 2,137 2,966 - -
Enterprise Value (EV) 1 5,732 4,401 4,229 3,168 4,308 5,269 4,963 4,546
P/E ratio 9.76 x -237 x 17.9 x 11.5 x 67.8 x 10.7 x 9.33 x 8.35 x
Yield 0.74% 0.35% - - - 0.27% 0.27% 0.27%
Capitalization / Revenue 1.1 x 0.95 x 0.73 x 0.28 x 0.73 x 0.88 x 0.81 x 0.76 x
EV / Revenue 1.93 x 2.07 x 1.56 x 1.05 x 1.47 x 1.56 x 1.35 x 1.17 x
EV / EBITDA 6.02 x 6.78 x 4.46 x 4.87 x 8.4 x 6.08 x 5.39 x 4.55 x
EV / FCF 97 x 22.5 x - - 9.63 x 10.5 x 9.81 x 8.25 x
FCF Yield 1.03% 4.44% - - 10.4% 9.57% 10.2% 12.1%
Price to Book 1.51 x 0.95 x 0.87 x 0.36 x 1.09 x 1.5 x 1.21 x 0.99 x
Nbr of stocks (in thousands) 50,421 50,181 50,380 50,598 40,944 40,259 - -
Reference price 2 64.63 40.31 39.30 16.51 52.20 73.66 73.66 73.66
Announcement Date 1/30/20 2/4/21 2/3/22 2/2/23 2/1/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 2,972 2,127 2,713 3,005 2,935 3,370 3,670 3,899
EBITDA 1 952.4 649.1 948.6 651.1 512.7 866.3 920.7 998.9
EBIT 1 512.3 108.8 360.5 181.2 104.1 460 481.8 539
Operating Margin 17.24% 5.12% 13.28% 6.03% 3.55% 13.65% 13.13% 13.82%
Earnings before Tax (EBT) 1 446.3 -7.327 150.6 92.58 40.31 385 409.2 472
Net income 1 340.1 -8.515 111.9 72.95 34.34 286 306.6 349
Net margin 11.44% -0.4% 4.12% 2.43% 1.17% 8.49% 8.35% 8.95%
EPS 2 6.620 -0.1700 2.200 1.440 0.7700 6.893 7.897 8.825
Free Cash Flow 1 59.12 195.3 - - 447.5 504 506 551
FCF margin 1.99% 9.18% - - 15.25% 14.95% 13.79% 14.13%
FCF Conversion (EBITDA) 6.21% 30.08% - - 87.29% 58.18% 54.96% 55.16%
FCF Conversion (Net income) 17.38% - - - 1,303.17% 176.22% 165.06% 157.88%
Dividend per Share 2 0.4800 0.1400 - - - 0.2000 0.2000 0.2000
Announcement Date 1/30/20 2/4/21 2/3/22 2/2/23 2/1/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 777.2 735.2 799.1 789.4 681.2 691.8 725.6 766.2 751.8 803.6 814.4 860.3 885 - -
EBITDA 1 160.1 170.8 201.9 189.1 89.3 109 131.5 148 122.9 196.7 218 226 219 - -
EBIT 1 32.95 52.05 88.6 75.58 -35.06 -4.704 31.86 49.29 27.62 99.51 117 125 119 - -
Operating Margin 4.24% 7.08% 11.09% 9.57% -5.15% -0.68% 4.39% 6.43% 3.67% 12.38% 14.37% 14.53% 13.45% - -
Earnings before Tax (EBT) 1 5.039 24.76 72.75 56.75 -61.68 -26.12 17.64 24.35 24.44 80.18 98 106 101 - -
Net income 1 4.332 17.73 53.95 48.37 -47.1 -22.07 15.42 23.48 17.52 60.3 73 79 75 - -
Net margin 0.56% 2.41% 6.75% 6.13% -6.91% -3.19% 2.12% 3.06% 2.33% 7.5% 8.96% 9.18% 8.47% - -
EPS 2 0.0900 0.3500 1.070 0.9600 -0.9300 -0.4500 0.3500 0.5500 0.4200 1.450 1.750 1.915 1.775 1.990 2.030
Dividend per Share - - - - - - - - - - - - - - -
Announcement Date 2/3/22 4/28/22 7/28/22 10/27/22 2/2/23 4/27/23 7/27/23 10/26/23 2/1/24 4/25/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 2,473 2,378 2,249 2,333 2,171 2,303 1,998 1,580
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 2.597 x 3.663 x 2.371 x 3.583 x 4.234 x 2.659 x 2.17 x 1.582 x
Free Cash Flow 1 59.1 195 - - 448 504 506 551
ROE (net income / shareholders' equity) 15.5% -0.39% 7.98% 3.16% 1.54% 13.3% 14.3% 12.2%
ROA (Net income/ Total Assets) 4.95% -0.13% 2.51% 1% 0.48% 3.87% 4.48% 4.64%
Assets 1 6,869 6,774 4,460 7,270 7,221 7,393 6,838 7,519
Book Value Per Share 2 42.70 42.60 45.00 46.40 48.10 49.10 60.80 74.00
Cash Flow per Share 14.00 12.60 16.40 9.490 - - - -
Capex 1 662 426 681 683 289 315 400 320
Capex / Sales 22.27% 20.01% 25.11% 22.72% 9.84% 9.35% 10.9% 8.21%
Announcement Date 1/30/20 2/4/21 2/3/22 2/2/23 2/1/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C-
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
4
Last Close Price
73.66 USD
Average target price
85 USD
Spread / Average Target
+15.40%
Consensus
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  4. Financials SkyWest, Inc.