Skywest (SKYW) Operating Leases (2019 - 2026)

Skywest's (SKYW) quarterly Operating Leases came in at $62.1 million in Q1 2026, down 1.97% year-on-year from $63.3 million in Q1 2025, and little changed quarter-over-quarter from $62.3 million in Q4 2025.

Skywest (SKYW) Operating Leases (2019 - 2026) Analysis & Trends

Skywest has disclosed Operating Leases across 8 years of filings, most recently posting $62.1 million for Q1 2026.

  • Operating Leases for Q1 2026 came in at $62.1 million, down 1.97% year-over-year; the trailing twelve-month figure through Mar 2026 was $62.1 million (down 1.97% YoY), and the FY2025 annual result was $62.3 million, down 7.36% from the prior year.
  • Operating Leases came in at $62.1 million for Q1 2026 at Skywest, roughly flat from $62.3 million in the prior quarter.
  • In the past five years, Operating Leases ranged from a high of $148.0 million in Q1 2022 to a low of $59.8 million in Q2 2025.
  • The 5-year median for Operating Leases is $66.8 million (2024), against an average of $79.4 million.
  • Across the five-year window, Operating Leases sank 48.38% in 2023 and advanced 0.45% in 2024, its largest moves.
  • Skywest's Operating Leases stood at $88.6 million in 2022, then retreated by 23.96% to $67.4 million in 2023, then dropped by 0.19% to $67.3 million in 2024, then slipped by 7.36% to $62.3 million in 2025, then fell by 0.34% to $62.1 million in 2026.
  • The last three Operating Leases figures came in at $62.1 million (Q1 2026), $62.3 million (Q4 2025), and $64.8 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Ryanair Holdings 453.97 Bn 448.50 Bn 1.55 Bn
2 Delta Air Lines 54.89 Bn 49.84 Bn 15.19 Bn
3 Grupo Aeromexico, S.A.B. de C.V 47.52 Bn 46.49 Bn -239.00 Mn
4 Southwest Airlines 23.88 Bn 20.55 Bn 6.21 Bn
5 Copa Holdings 6.22 Bn 4.88 Bn 713.71 Mn
6 Alaska Air 5.64 Bn 3.87 Bn 3.20 Bn
7 Skywest 3.71 Bn 3.08 Bn 924.11 Mn
8 Controladora Vuela Compania de Aviacion, S.A.B. de C.V 2.23 Bn 2.23 Bn -
9 Jetblue Airways 2.11 Bn -62.86 Mn 1.87 Bn
10 Allegiant Travel 1.82 Bn 921.81 Mn 651.87 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 62.10 Mn
Dec 31, 2025 62.31 Mn
Sep 30, 2025 64.83 Mn
Jun 30, 2025 59.80 Mn
Mar 31, 2025 63.35 Mn
Dec 31, 2024 67.26 Mn
Sep 30, 2024 66.80 Mn
Jun 30, 2024 63.60 Mn
Mar 31, 2024 66.24 Mn
Dec 31, 2023 67.39 Mn
Sep 30, 2023 66.50 Mn
Jun 30, 2023 73.90 Mn
Mar 31, 2023 76.40 Mn
Dec 31, 2022 88.62 Mn
Sep 30, 2022 117.80 Mn
Jun 30, 2022 134.60 Mn
Mar 31, 2022 147.99 Mn
Dec 31, 2021 158.27 Mn
Sep 30, 2021 171.44 Mn
Jun 30, 2021 187.90 Mn