Sky Harbour (SKYH-WT) Operating Margin (2021 - 2025)

Sky Harbour's (SKYH-WT) quarterly Operating Margin came in at 74.43% in Q4 2025, up 4121.0% year-on-year from 1.76% in Q4 2024, and up 29.22% quarter-over-quarter from 105.16% in Q3 2025.

Sky Harbour (SKYH-WT) Operating Margin (2021 - 2025) Analysis & Trends

Sky Harbour's Operating Margin history runs 5 years deep, the most recent figure standing at 74.43% for Q4 2025.

  • On a quarterly basis, Operating Margin rose 4121.0% year-over-year to 74.43% in Q4 2025; TTM through Dec 2025 was 101.77%, a 3653.0% increase from a year earlier, with the FY2025 full-year figure at 101.77%, up 3653.0% from the prior year.
  • Operating Margin improved to 74.43% in Q4 2025 per SKYH-WT's latest filing, from 105.16% in the prior quarter.
  • Across five years, Operating Margin topped out at 1133.68% in Q1 2021 and bottomed at 1404.53% in Q1 2022.
  • The 5-year median for Operating Margin is 136.44% (2024), against an average of 277.82%.
  • Across the five-year window, Operating Margin sank 253821 bps in 2022 and soared 100783 bps in 2023, its largest moves.
  • Year by year, Operating Margin stood at 33.45% in 2021, then sank by 1873 bps to 592.94% in 2022, then jumped by 65 bps to 208.36% in 2023, then surged by 44 bps to 115.64% in 2024, then jumped by 36 bps to 74.43% in 2025.
  • Per Business Quant, the three latest SKYH-WT Operating Margin figures stand at 74.43% (Q4 2025), 105.16% (Q3 2025), and 114.27% (Q2 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Vesta Real Estate Corporation, S.A.B. de C.V 29.62 Bn 29.62 Bn - 89.43%
2 Howard Hughes Holdings 3.96 Bn 3.96 Bn 182.88 Mn 21.48%
3 Century Communities 2.04 Bn 1.95 Bn 190.18 Mn 20.53%
4 Forestar 1.50 Bn 1.10 Bn 84.10 Mn 11.25%
5 Five Point Holdings 415.49 Mn 66.11 Mn -23.72 Mn -325.18%
6 Belpointe PREP 176.12 Mn 176.12 Mn - -
7 Smith Douglas Homes 138.78 Mn 110.79 Mn 40.45 Mn 2.20%
8 Amrep 122.30 Mn 69.61 Mn 4.41 Mn 19.23%
9 Logistic Properties of the Americas 94.85 Mn 94.85 Mn - -
10 Sky Harbour 17.76 Mn 17.76 Mn - -74.43%

Historic Data

Download Data
DateValue
Dec 31, 2025 -74.43%
Sep 30, 2025 -105.16%
Jun 30, 2025 -114.27%
Mar 31, 2025 -121.99%
Dec 31, 2024 -115.64%
Sep 30, 2024 -118.72%
Jun 30, 2024 -137.04%
Mar 31, 2024 -217.30%
Dec 31, 2023 -208.36%
Sep 30, 2023 -135.85%
Jun 30, 2023 -245.72%
Mar 31, 2023 -423.13%
Dec 31, 2022 -592.94%
Sep 30, 2022 -1,054.29%
Jun 30, 2022 -1,253.55%
Mar 31, 2022 -1,404.53%
Dec 31, 2021 33.45%
Sep 30, 2021 -802.94%
Jun 30, 2021 402.43%
Mar 31, 2021 1,133.68%