SKYW vs RYAAY vs DAL Stock Comparison

Skywest, Ryanair Holdings and Delta Air Lines Prices as of Oct 28, 2026 Peers: Industry group
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SKYW Skywest Inc
$95.27 -5.4% 1M -3.4% 1Y
Market cap
$3.81B
P/E
9.3x
Revenue (TTM)
$4.19B
Div. yield
–
Airlines Industrials
4 wins
RYAAY Ryanair Holdings Plc
$52.31 -5.1% 1M -14.7% 1Y
Market cap
$27.94B
P/E
13.5x
Revenue (TTM)
$18.19B
Div. yield
–
Airlines Industrials
4 wins
DAL Delta Air Lines, Inc.
$80.36 -4.4% 1M +38.9% 1Y
Market cap
$53.48B
P/E
16.3x
Revenue (TTM)
$71.80B
Div. yield
–
Airlines Industrials
3 wins

Head to Head

11 decided of 12

Skywest leads on 4 of the 12 questions below (Skywest 4, Ryanair Holdings 4, Delta Air Lines 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionSKYWRYAAYDALLeader
Larger companyMarket capitalisation $3.81B $27.94B $53.48B DAL
Cheaper on earningsLower P/E, profitable companies only 9.3x 13.5x 16.3x SKYW
Cheaper on forward earningsLower price / next fiscal year consensus EPS 8.5x 14.6x 15.6x SKYW
Faster revenue growthRevenue growth, trailing twelve months +9.1% +13.3% +14.1% DAL
More profitableNet margin, trailing twelve months 9.8% 11.4% 4.6% RYAAY
Better return on capitalReturn on invested capital 8.9% 16.9% 10.8% RYAAY
Less leveragedLower net debt / EBITDA 1.8x -0.7x 1.3x RYAAY
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -3.4% -14.7% +38.9% DAL
Better 5-year returnAnnualised price return, 5 years +17.2%/yr +2.9%/yr +15.5%/yr SKYW
Less volatileAnnualised volatility, 1 year 37.3% 36.5% 38.4% RYAAY
Higher overall scoreMean of the five percentile scores vs peers 69/100 63/100 38/100 SKYW

Percentile Scorecard

SKYWRYAAYDAL

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

AxisSKYWRYAAYDAL
Valuation 83 #24 of 136 59 #56 of 136 65 #48 of 136
Growth 82 #23 of 122 50 #61 of 122 46 #67 of 122
Profitability 64 #42 of 116 83 #21 of 116 50 #59 of 116
Financial Health 30 #100 of 143 73 #39 of 143 23 #111 of 143
Shareholder Returns 88 #11 of 81 48 #43 of 81 9 #74 of 81
Overall 69 63 38
  • SKYW ranked among 150 companies in Transportation
  • RYAAY ranked among 150 companies in Transportation
  • DAL ranked among 150 companies in Transportation

Price Performance

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

Returns

PeriodSKYWRYAAYDALSPY
1 month -5.4%-5.1%-4.4% +0.9%
3 months -13.1%-9.6%-6.9% +5.9%
6 months +18.3%-3.0%+21.3% +8.5%
Year to date -5.1%-27.5%+15.8% +13.3%
1 year -3.4%-14.7%+38.9% +12.4%
3 years +125.4%+46.6%+162.2% +88.1%
3 years, per year +31.1%+13.6%+37.9% +23.5%
5 years +121.4%+15.2%+105.4% +68.2%
5 years, per year +17.2%+2.9%+15.5% +11.0%
10 years +224.0%+73.9%+94.4% +263.4%
10 years, per year +12.5%+5.7%+6.9% +13.8%

Risk

MeasureSKYWRYAAYDALSPY
Volatility, 1Y 37.3%36.5%38.4% 12.7%
Downside volatility, 1Y 35.7%35.4%33.8% 12.7%
Beta vs S&P 500, 1Y 1.321.401.73 1.00
Return / volatility, 1Y -0.09-0.401.01 0.98
Max drawdown, 5Y -70.5%-54.9%-48.0% -25.4%
From 52-week high -17.8%-29.1%-14.2% -0.9%
52-week high $115.94$73.82$93.66 $779.14
52-week low $78.40$51.33$55.65 $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.

MultipleSKYWRYAAYDAL
P/E now vs peer median 9.2xmedian 16.1x 13.3xmedian 16.1x 16.0xmedian 16.1x
P/S now vs peer median 0.9xmedian 0.9x 1.5xmedian 0.9x 0.7xmedian 0.9x
EV/EBITDA now vs peer median 5.7xmedian 8.6x 6.0xmedian 8.6x 8.0xmedian 8.6x
P/FCF now vs peer median 10.0xmedian 11.6x 12.7xmedian 11.6x 17.5xmedian 11.6x
P/B now vs peer median 1.3xmedian 1.2x 2.5xmedian 1.2x 2.3xmedian 1.2x
PEG now vs peer median 0.03median 0.80 3.36median 0.80 -8.62median 0.80

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 monthsSKYWRYAAYDAL
Revenue $4.19B $18.19B $71.80B
Operating income $587.86M $2.38B $5.29B
Net income $409.91M $2.21B $3.29B
Free cash flow $371.69M $2.16B $3.02B
EPS (diluted) $10.35 $3.90 $4.99
Cash & equivalents $81.41M $2.84B $3.79B
Total debt $2.31B $4.75B $13.95B
Shares (diluted) 39.62M 532.20M 659.00M
Enterprise value $1.12B $11.58B $35.67B

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
MetricSKYWRYAAYDAL
P/E 9.2x 13.3x 16.0x
P/FCF 10.0x 12.7x 17.5x
P/Operating cash flow 3.9x 6.8x 6.6x
P/S 0.9x 1.5x 0.7x
P/B 1.3x 2.5x 2.3x
P/Tangible book 1.3x 2.6x 3.2x
EV/EBITDA 5.7x 6.0x 8.0x
EV/EBIT 9.2x 10.3x 11.9x
EV/Revenue 1.3x 1.3x 0.9x
EV/FCF 14.6x 11.4x 20.9x
EV/Operating cash flow 5.7x 6.1x 7.9x
PEG (3Y EPS CAGR) 0.03 3.36 -8.62

Growth

14 metrics
MetricSKYWRYAAYDAL
Revenue growth (1Y) 9.1% 13.3% 14.1%
Revenue CAGR (3Y) 13.2% 12.8% 7.8%
Gross profit growth (1Y) – – –
Gross profit CAGR (3Y) – – –
Operating income growth (1Y) 0.5% 0.5% -12.9%
Operating income CAGR (3Y) 105.6% 6.2% -2.3%
Net income growth (1Y) 0.5% -4.6% -28.9%
Net income CAGR (3Y) 327.5% 6.1% -1.1%
EPS growth (1Y) 4.9% -13.5% -29.5%
EPS CAGR (3Y) 343.1% 4.0% -1.9%
Operating cash flow growth (1Y) 18.9% -1.0% 0.3%
Operating cash flow CAGR (3Y) 16.6% 0.1% 4.0%
Free cash flow growth (1Y) 23.1% -21.9% -1.7%
Free cash flow CAGR (3Y) 42.2% -7.4% 36.6%

Profitability

14 metrics
MetricSKYWRYAAYDAL
Gross margin – – –
EBITDA margin 22.8% 22.3% 11.0%
Operating margin 14.0% 13.1% 7.4%
Pretax margin 12.6% 13.4% 6.1%
Net margin 9.8% 11.4% 4.6%
FCF margin 8.9% 11.9% 4.2%
Operating cash flow margin 22.6% 22.1% 11.1%
Return on equity 14.9% 18.5% 14.8%
Return on assets 5.6% 9.6% 3.8%
Return on invested capital 8.9% 16.9% 10.8%
Return on capital employed 10.5% 18.7% 10.0%
Asset turnover 0.6x 0.8x 0.8x
Cash conversion (OCF / net income) 2.3x 1.8x 2.4x
Stock comp / revenue – 0.1% –

Financial Health

11 metrics
MetricSKYWRYAAYDAL
Debt / assets 31.2% 0.2% 16.2%
Debt / equity 0.8x 0.0x 0.6x
Net debt / EBITDA 1.8x -0.7x 1.3x
Debt / FCF 6.2x 0.0x 4.6x
Liabilities / assets 62.7% 47.8% 73.8%
Equity / assets 37.3% 52.2% 26.2%
Interest coverage 5.9x – –
Current ratio 0.6x 0.8x 0.4x
Quick ratio 0.5x 0.3x 0.2x
Cash ratio 0.3x 0.3x 0.1x
Altman Z-score 1.79 3.35 1.50

Shareholder Returns

7 metrics
MetricSKYWRYAAYDAL
Dividend yield – 2.6% 1.0%
Net buyback yield 5.5% – –
Shareholder yield 5.5% 2.6% 1.0%
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.

ConsensusSKYWRYAAYDAL
Forward P/E 8.5xFY2026 14.6xFY2026 15.6xFY2026
EPS, next fiscal year $11.20FY2026 $3.58FY2026 $5.14FY2026
EPS growth, next FY +8.2%FY2026 -24.8%FY2026 -11.7%FY2026
EPS growth, the year after +2.1% -6.1% +40.7%
Revenue, next fiscal year $4.61BFY2026 $18.47BFY2026 $71.03BFY2026
Revenue growth, next FY +13.6%FY2026 +2.0%FY2026 +21.9%FY2026
Revenue growth, the year after +4.2% 0.0% -4.2%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersSKYWRYAAYDAL
Held by institutions 92.2% 39.9% 88.2%
Institutions holding 350 410 1,512
Change in shares held, QoQ -1.1% -0.8% +0.6%
Institutions buying 181 192 816
Institutions selling 140 147 483
Buyers to sellers 1.29 1.31 1.69

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.

SKYWRYAAYDAL
SKYW 1.00 0.57 0.77
RYAAY 0.57 1.00 0.59
DAL 0.77 0.59 1.00

Add a Peer

Largest companies in the same industry

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Frequently Asked Questions

Which is bigger, SKYW, RYAAY and DAL?

Delta Air Lines (DAL) is the largest by market capitalisation: Skywest (SKYW) $3.81B, Ryanair Holdings (RYAAY) $27.94B, Delta Air Lines (DAL) $53.48B.

Which stock is cheaper, SKYW, RYAAY and DAL?

Skywest (SKYW) trades on the lowest price-to-earnings ratio (Skywest (SKYW) 9.3x, Ryanair Holdings (RYAAY) 13.5x, Delta Air Lines (DAL) 16.3x). On next year's consensus earnings, Skywest (SKYW) is cheapest (Skywest (SKYW) 8.5x, Ryanair Holdings (RYAAY) 14.6x, Delta Air Lines (DAL) 15.6x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Delta Air Lines (DAL) grew revenue fastest over the trailing twelve months: Skywest (SKYW) +9.1%, Ryanair Holdings (RYAAY) +13.3%, Delta Air Lines (DAL) +14.1%.

Which company is more profitable?

Ryanair Holdings (RYAAY) has the highest net margin (Skywest (SKYW) 9.8%, Ryanair Holdings (RYAAY) 11.4%, Delta Air Lines (DAL) 4.6%). On return on invested capital, Ryanair Holdings (RYAAY) leads (Skywest (SKYW) 8.9%, Ryanair Holdings (RYAAY) 16.9%, Delta Air Lines (DAL) 10.8%).

Which stock has performed better?

Over the past year Delta Air Lines (DAL) returned the most: Skywest (SKYW) -3.4%, Ryanair Holdings (RYAAY) -14.7%, Delta Air Lines (DAL) +38.9%. Over five years, Skywest (SKYW) compounded fastest (Skywest (SKYW) +17.2%/yr, Ryanair Holdings (RYAAY) +2.9%/yr, Delta Air Lines (DAL) +15.5%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Ryanair Holdings (RYAAY) has been the steadiest (Skywest (SKYW) 37.3%, Ryanair Holdings (RYAAY) 36.5%, Delta Air Lines (DAL) 38.4%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, SKYW, RYAAY and DAL?

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 4. 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.