SKYW vs LUV vs AERO Stock Comparison

Skywest, Southwest Airlines and Grupo Aeromexico, S.A.B. de C.V Prices as of Nov 2, 2026 Peers: Industry group
1 more company in this comparison (UAL) Create a free account to keep reading and compare up to 10 companies.
SKYW Skywest Inc
$81.68 -15.3% 1M -18.7% 1Y
Market cap
$3.17B
P/E
7.8x
Revenue (TTM)
$4.26B
Div. yield
–
Airlines Industrials
7 wins
LUV Southwest Airlines Co
$43.98 +3.6% 1M +45.1% 1Y
Market cap
$21.53B
P/E
20.4x
Revenue (TTM)
$31.55B
Div. yield
1.64%
Airlines Industrials
3 wins

Head to Head

11 decided of 12

Skywest leads on 7 of the 12 questions below (Skywest 7, Southwest Airlines 3, Grupo Aeromexico, S.A.B. de C.V 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionSKYWLUVAEROLeader
Larger companyMarket capitalisation $3.17B $21.53B $2.23B LUV
Cheaper on earningsLower P/E, profitable companies only 7.8x 20.4x 13.9x SKYW
Cheaper on forward earningsLower price / next fiscal year consensus EPS 7.3x 16.9x 43.6x SKYW
Faster revenue growthRevenue growth, trailing twelve months +7.0% +14.5% +8.8% LUV
More profitableNet margin, trailing twelve months 9.7% 3.3% 3.6% SKYW
Better return on capitalReturn on invested capital 8.9% 8.2% — SKYW
Less leveragedLower net debt / EBITDA 1.9x 0.8x -0.4x AERO
Higher dividend yieldTrailing dividend yield 0.00% 1.64% 0.00% –
Better 1-year returnPrice return, last 12 months -18.7% +45.1% — LUV
Better 5-year returnAnnualised price return, 5 years +12.5%/yr -2.3%/yr — SKYW
Less volatileAnnualised volatility, 1 year 40.2% 43.6% 54.1% SKYW
Higher overall scoreMean of the five percentile scores vs peers 66/100 56/100 58/100 SKYW

Percentile Scorecard

SKYWLUVAERO

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisSKYWLUVAERO
Valuation 83 #24 of 137 47 #73 of 137 97 #5 of 137
Growth 65 #44 of 124 86 #18 of 124 16 #104 of 124
Profitability 59 #51 of 122 43 #70 of 122 54 #57 of 122
Financial Health 26 #109 of 147 32 #100 of 147 66 #51 of 147
Shareholder Returns 96 #4 of 85 74 #23 of 85 –
Overall 66 56 58
  • SKYW ranked among 150 companies in Transportation
  • LUV ranked among 150 companies in Transportation
  • AERO ranked among 150 companies in Transportation

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodSKYWLUVAEROSPY
1 month -15.3%+3.6%-0.8% -2.3%
3 months -26.7%-6.5%-4.9% -0.7%
6 months +0.4%+14.7%+3.1% +4.8%
Year to date -18.7%+6.4%-30.5% +10.3%
1 year -18.7%+45.1%— +10.3%
3 years +83.5%+85.6%— +73.0%
3 years, per year +22.4%+22.9%— +20.1%
5 years +80.3%-11.1%— +61.9%
5 years, per year +12.5%-2.3%— +10.1%
10 years +177.4%+11.0%— +258.6%
10 years, per year +10.7%+1.1%— +13.6%

Risk

MeasureSKYWLUVAEROSPY
Volatility, 1Y 40.2%43.6%54.1% 12.8%
Downside volatility, 1Y 41.9%38.3%56.7% 12.8%
Beta vs S&P 500, 1Y 1.461.601.72 1.00
Return / volatility, 1Y -0.471.04— 0.80
Max drawdown, 5Y -70.5%-57.4%-46.0% -25.4%
From 52-week high -29.5%-19.7%-33.4% -3.5%
52-week high $115.94$54.80$22.91 $779.14
52-week low $78.40$29.67$12.36 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleSKYWLUVAERO
P/E now vs peer median 7.8xmedian 16.1x 20.4xmedian 16.1x 13.9xmedian 16.1x
P/S now vs peer median 0.7xmedian 0.9x 0.7xmedian 0.9x 0.5xmedian 0.9x
EV/EBITDA now vs peer median 5.3xmedian 8.1x 8.1xmedian 8.1x 1.4xmedian 8.1x
P/FCF now vs peer median 15.9xmedian 11.4x -48.0xmedian 11.4x 3.5xmedian 11.4x
P/B now vs peer median 1.1xmedian 1.2x 2.9xmedian 1.2x -3.7xmedian 1.2x
PEG now vs peer median 0.05median 0.75 0.51median 0.75 —median 0.75

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsSKYWLUVAERO
Revenue $4.26B $31.55B $4.40B
Operating income $589.74M $1.39B $635.00M
Net income $413.07M $1.05B $120.00M
Free cash flow $199.17M -$449.00M $630.00M
EPS (diluted) $10.43 $2.13 $1.09
Cash & equivalents $71.75M $3.62B $965.00M
Total debt $2.38B $5.89B $475.00M
Shares (diluted) 39.62M 494.00M 145.90M
Enterprise value $667.38M $7.56B -$1.84B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricSKYWLUVAERO
P/E 7.8x 20.4x 13.9x
P/FCF 15.9x -48.0x 3.5x
P/Operating cash flow 4.0x 7.8x 3.5x
P/S 0.7x 0.7x 0.5x
P/B 1.1x 2.9x -3.7x
P/Tangible book 1.1x 2.9x -3.7x
EV/EBITDA 5.3x 8.1x 1.4x
EV/EBIT 8.4x 17.2x 2.7x
EV/Revenue 1.2x 0.8x 0.4x
EV/FCF 25.0x -53.0x 2.8x
EV/Operating cash flow 6.2x 8.6x 2.8x
PEG (3Y EPS CAGR) 0.05 0.51 –

Growth

14 metrics
MetricSKYWLUVAERO
Revenue growth (1Y) 7.0% 14.5% 8.8%
Revenue CAGR (3Y) 14.1% 7.4% –
Gross profit growth (1Y) – – –
Gross profit CAGR (3Y) – – –
Operating income growth (1Y) -6.1% 339.7% -2.6%
Operating income CAGR (3Y) 142.4% 78.6% –
Net income growth (1Y) -4.9% 177.8% -38.0%
Net income CAGR (3Y) 150.1% 28.4% –
EPS growth (1Y) -0.7% 195.8% -43.3%
EPS CAGR (3Y) 155.4% 40.0% –
Operating cash flow growth (1Y) -10.7% 36.2% –
Operating cash flow CAGR (3Y) 7.2% -6.0% –
Free cash flow growth (1Y) -45.8% -35.2% –
Free cash flow CAGR (3Y) -18.8% 20.2% –

Profitability

14 metrics
MetricSKYWLUVAERO
Gross margin – – –
EBITDA margin 22.1% 9.4% 27.6%
Operating margin 13.9% 4.4% 14.4%
Pretax margin 12.5% 4.3% 5.5%
Net margin 9.7% 3.3% 3.6%
FCF margin 4.7% -1.4% 14.3%
Operating cash flow margin 18.8% 8.7% 14.3%
Return on equity 14.8% 14.6% –
Return on assets 5.5% 3.5% 2.9%
Return on invested capital 8.9% 8.2% –
Return on capital employed 10.3% 8.3% 10.0%
Asset turnover 0.6x 1.0x 0.6x
Cash conversion (OCF / net income) 1.9x 2.6x 5.3x
Stock comp / revenue – – –

Financial Health

11 metrics
MetricSKYWLUVAERO
Debt / assets 31.7% 19.3% 6.4%
Debt / equity 0.8x 0.8x -0.8x
Net debt / EBITDA 1.9x 0.8x -0.4x
Debt / FCF 11.9x -13.1x 0.8x
Liabilities / assets 62.6% 76.0% 108.0%
Equity / assets 37.4% 24.0% -8.0%
Interest coverage 5.9x 5.9x 5.8x
Current ratio 0.6x 0.5x 2.0x
Quick ratio 0.4x 0.4x 1.7x
Cash ratio 0.3x 0.3x 0.9x
Altman Z-score 1.74 2.23 –

Shareholder Returns

7 metrics
MetricSKYWLUVAERO
Dividend yield – 1.6% –
Net buyback yield 7.9% 5.8% –
Shareholder yield 7.9% 7.4% 0.0%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusSKYWLUVAERO
Forward P/E 7.3xFY2026 16.9xFY2026 43.6xFY2026
EPS, next fiscal year $11.20FY2026 $2.60FY2026 $0.35FY2026
EPS growth, next FY +8.2%FY2026 +179.6%FY2026 -85.5%FY2026
EPS growth, the year after +2.1% +58.8% +408.6%
Revenue, next fiscal year $4.61BFY2026 $31.34BFY2026 $5.78BFY2026
Revenue growth, next FY +13.6%FY2026 +11.7%FY2026 +7.8%FY2026
Revenue growth, the year after +4.2% +16.7% +15.0%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersSKYWLUVAERO
Held by institutions 92.2% 92.9% 65.1%
Institutions holding 351 932 75
Change in shares held, QoQ -1.1% +4.4% -1.5%
Institutions buying 182 477 32
Institutions selling 140 281 17
Buyers to sellers 1.30 1.70 1.88

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

SKYWLUVAERO
SKYW 1.00 0.64 0.36
LUV 0.64 1.00 0.39
AERO 0.36 0.39 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, SKYW, LUV and AERO?

Southwest Airlines (LUV) is the largest by market capitalisation: Skywest (SKYW) $3.17B, Southwest Airlines (LUV) $21.53B, Grupo Aeromexico, S.A.B. de C.V (AERO) $2.23B.

Which stock is cheaper, SKYW, LUV and AERO?

Skywest (SKYW) trades on the lowest price-to-earnings ratio (Skywest (SKYW) 7.8x, Southwest Airlines (LUV) 20.4x, Grupo Aeromexico, S.A.B. de C.V (AERO) 13.9x). On next year's consensus earnings, Skywest (SKYW) is cheapest (Skywest (SKYW) 7.3x, Southwest Airlines (LUV) 16.9x, Grupo Aeromexico, S.A.B. de C.V (AERO) 43.6x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Southwest Airlines (LUV) grew revenue fastest over the trailing twelve months: Skywest (SKYW) +7.0%, Southwest Airlines (LUV) +14.5%, Grupo Aeromexico, S.A.B. de C.V (AERO) +8.8%.

Which company is more profitable?

Skywest (SKYW) has the highest net margin (Skywest (SKYW) 9.7%, Southwest Airlines (LUV) 3.3%, Grupo Aeromexico, S.A.B. de C.V (AERO) 3.6%). On return on invested capital, Skywest (SKYW) leads (Skywest (SKYW) 8.9%, Southwest Airlines (LUV) 8.2%).

Which stock has performed better?

Over the past year Southwest Airlines (LUV) returned the most: Skywest (SKYW) -18.7%, Southwest Airlines (LUV) +45.1%. Over five years, Skywest (SKYW) compounded fastest (Skywest (SKYW) +12.5%/yr, Southwest Airlines (LUV) -2.3%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Skywest (SKYW) 0.00%, Southwest Airlines (LUV) 1.64%, Grupo Aeromexico, S.A.B. de C.V (AERO) 0.00%. Skywest (SKYW) and Grupo Aeromexico, S.A.B. de C.V (AERO) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Skywest (SKYW) has been the steadiest (Skywest (SKYW) 40.2%, Southwest Airlines (LUV) 43.6%, Grupo Aeromexico, S.A.B. de C.V (AERO) 54.1%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, SKYW, LUV and AERO?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Skywest (SKYW) leads on 7. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.