Skywest (SKYW) Gross Margin (2017 - 2021)
Skywest's Gross Margin came in at 17.51% for Q2 2021, up 18.77 percentage points from -1.26% a year earlier and up 2.38 percentage points from the prior quarter.
Skywest (SKYW) Gross Margin (2017 - 2021) Analysis & Trends
Over the trailing twelve months to Jun 30, 2021, Skywest reported Gross Margin of 10.84%, down 2.07 percentage points year-over-year; for FY2020, it came in at 5.12%, down 12.12 percentage points from FY2019.
- Gross Margin carries a four-year change of +10.75 percentage points (FY2016 to FY2020).
- Going back by year, Gross Margin was 17.24% in FY2019 (+2.51 pp), 14.72% in FY2018 (+2.29 pp), 12.43% in FY2017 (+18.07 pp) and -5.64% in FY2016.
- The Q2 2021 figure represents the highest quarterly Gross Margin since Q3 2019.
- Year-over-year, Gross Margin increased in four of the last eight quarters, with an average year-over-year change of -2.52 percentage points.
- The fastest year-over-year change in Gross Margin over five years came in Q2 2021 (a gain of 18.77 percentage points), and the weakest in Q4 2020 (a drop of 21.54 percentage points).
- Business Quant data shows SKYW's Gross Margin at 15.12% (Q1 2021), -4.69% (Q4 2020) and 16.30% (Q3 2020) in the three quarters before Q2 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 170.80 Bn | 165.33 Bn | - | - |
| 2 | Csx | 89.17 Bn | 85.38 Bn | - | - |
| 3 | United Parcel Service | 83.81 Bn | 60.70 Bn | - | - |
| 4 | Canadian Pacific Kansas City | 77.31 Bn | 76.33 Bn | - | - |
| 5 | Norfolk Southern | 73.23 Bn | 67.87 Bn | - | - |
| 6 | Fedex | 70.82 Bn | 36.77 Bn | - | - |
| 7 | Delta Air Lines | 50.27 Bn | 32.46 Bn | - | - |
| 8 | Old Dominion Freight Line | 39.09 Bn | 38.36 Bn | - | - |
| 9 | United Airlines Holdings | 31.83 Bn | -24.55 Bn | - | - |
| 10 | Skywest | 3.64 Bn | 956.02 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2021 | 17.51% |
| Mar 31, 2021 | 15.12% |
| Dec 31, 2020 | -4.69% |
| Sep 30, 2020 | 16.30% |
| Jun 30, 2020 | -1.26% |
| Mar 31, 2020 | 9.09% |
| Dec 31, 2019 | 16.85% |
| Sep 30, 2019 | 19.26% |
| Jun 30, 2019 | 19.36% |
| Mar 31, 2019 | 13.32% |
| Dec 31, 2018 | 15.12% |
| Sep 30, 2018 | 16.63% |
| Jun 30, 2018 | 15.73% |
| Mar 31, 2018 | 11.26% |
| Dec 31, 2017 | 12.05% |
| Sep 30, 2017 | 13.83% |
| Jun 30, 2017 | 13.47% |
| Mar 31, 2017 | 10.21% |
Skywest Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=SKYW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "SKYW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=SKYW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();