Skywest SKYW
NASDAQ SKYW
$92.35 +1.90 (+2.10%)
At close: Oct 20, 2026 · 4:00 PM EDT

Skywest (SKYW) Gross Margin (2017 - 2021)

Updated

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.

Analysis

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 Set

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

Historic Data

Download Data
DateValue
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%
API Access

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