Skywest (SKYW) Net Margin (2010 - 2026)
Skywest's (SKYW) quarterly Net Margin came in at 10.04% in Q1 2026, down 56.0% year-on-year from 22.81% in Q1 2025, and down 52.0% quarter-over-quarter from 20.91% in Q4 2025.
Skywest (SKYW) Net Margin (2010 - 2026) Analysis & Trends
Skywest has disclosed Net Margin across 17 years of filings, most recently posting 10.04% for Q1 2026.
- Net Margin for Q1 2026 came in at 10.04%, down 56.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 13.4% (up 351.0% YoY), and the FY2025 annual result was 10.55%, up 140.0% from the prior year.
- Net Margin came in at 10.04% for Q1 2026 at Skywest, down from 20.91% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 20.91% in Q4 2025 to a low of 6.91% in Q4 2022.
- The 5-year median for Net Margin is 7.5% (2024), against an average of 6.67%.
- Across the five-year window, Net Margin slumped 747 bps in 2022 and soared 1069 bps in 2024, its largest moves.
- Skywest's Net Margin stood at 6.91% in 2022, then jumped by 134 bps to 2.33% in 2023, then jumped by 343 bps to 10.31% in 2024, then soared by 103 bps to 20.91% in 2025, then sank by 52 bps to 10.04% in 2026.
- The last three Net Margin figures came in at 10.04% (Q1 2026), 20.91% (Q4 2025), and 11.08% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ryanair Holdings | 453.97 Bn | 448.50 Bn | 1.55 Bn | -19.61% |
| 2 | Delta Air Lines | 54.89 Bn | 49.84 Bn | 15.19 Bn | -1.82% |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 47.52 Bn | 46.49 Bn | -239.00 Mn | 17.11% |
| 4 | Southwest Airlines | 23.88 Bn | 20.55 Bn | 6.21 Bn | 3.13% |
| 5 | Copa Holdings | 6.22 Bn | 4.88 Bn | 713.71 Mn | 19.94% |
| 6 | Alaska Air | 5.64 Bn | 3.87 Bn | 3.20 Bn | -5.85% |
| 7 | Skywest | 3.71 Bn | 3.08 Bn | 924.11 Mn | 10.04% |
| 8 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 2.23 Bn | 2.23 Bn | - | -13.90% |
| 9 | Jetblue Airways | 2.11 Bn | -62.86 Mn | 1.87 Bn | -14.24% |
| 10 | Allegiant Travel | 1.82 Bn | 921.81 Mn | 651.87 Mn | 6.32% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 10.04% |
| Dec 31, 2025 | 20.91% |
| Sep 30, 2025 | 11.08% |
| Jun 30, 2025 | 11.62% |
| Mar 31, 2025 | 10.60% |
| Dec 31, 2024 | 10.31% |
| Sep 30, 2024 | 9.83% |
| Jun 30, 2024 | 8.72% |
| Mar 31, 2024 | 7.50% |
| Dec 31, 2023 | 2.33% |
| Sep 30, 2023 | 3.06% |
| Jun 30, 2023 | 2.12% |
| Mar 31, 2023 | -3.19% |
| Dec 31, 2022 | -6.91% |
| Sep 30, 2022 | 6.13% |
| Jun 30, 2022 | 6.75% |
| Mar 31, 2022 | 2.41% |
| Dec 31, 2021 | 0.56% |
| Sep 30, 2021 | 1.30% |
| Jun 30, 2021 | 9.44% |