Skywest (SKYW) Operating Margin (2010 - 2026)
Skywest (SKYW) posted quarterly Operating Margin of 14.13% for Q2 2026, down 230.0% year-on-year from 10.87% in Q2 2025, and up 15.75% on a QoQ basis from 12.21% in Q1 2026.
Skywest (SKYW) Operating Margin (2010 - 2026) Analysis & Trends
Skywest (SKYW) has reported Operating Margin for 17 consecutive years, with 14.13% the latest figure, recorded in Q2 2026.
- Quarterly Operating Margin fell 230.0% year-over-year to 14.13% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 14.03% (down 120.0% YoY) and the FY2025 annual result came in at 15.22%, up 120.0% from the prior year.
- Operating Margin rose to 14.13% in Q2 2026 per SKYW's latest filing, from 12.21% in the prior quarter.
- Over the last five years, Operating Margin for SKYW reached as high as 16.58% in Q3 2025 and fell as low as 5.15% in Q4 2022.
- A 5-year average of 9.97% and a median of 12.3% in 2024 frame the typical range for Operating Margin.
- Annual changes were most pronounced in 2022 — Operating Margin tumbled 939 bps — and 2024, when it surged 1306 bps.
- Year by year, Operating Margin stood at 5.15% in 2022, then jumped by 171 bps to 3.67% in 2023, then soared by 315 bps to 15.26% in 2024, then decreased by 14 bps to 13.1% in 2025, then grew by 8 bps to 14.13% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 14.13%, 12.21%, and 13.1% for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Latam Airlines | 29,341.35 Bn | 29,338.67 Bn | 1.28 Mn | 19.82% |
| 2 | Ryanair Holdings | 183.33 Bn | 180.79 Bn | - | - |
| 3 | Delta Air Lines | 53.61 Bn | 48.95 Bn | 19.07 Bn | 9.43% |
| 4 | Southwest Airlines | 21.85 Bn | 18.53 Bn | 7.33 Bn | 3.38% |
| 5 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 8.69 Bn | 7.93 Bn | - | -11.53% |
| 6 | Copa Holdings | 5.59 Bn | 4.26 Bn | 713.71 Mn | 21.77% |
| 7 | Alaska Air | 5.12 Bn | 3.35 Bn | 3.20 Bn | -8.45% |
| 8 | Skywest | 3.85 Bn | 3.22 Bn | 1.01 Bn | 14.13% |
| 9 | Jetblue Airways | 1.85 Bn | 1.44 Bn | 1.87 Bn | -10.00% |
| 10 | Allegiant Travel | 1.72 Bn | 818.03 Mn | 651.87 Mn | 12.07% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 14.13% |
| Mar 31, 2026 | 12.21% |
| Dec 31, 2025 | 13.10% |
| Sep 30, 2025 | 16.58% |
| Jun 30, 2025 | 16.43% |
| Mar 31, 2025 | 14.70% |
| Dec 31, 2024 | 15.26% |
| Sep 30, 2024 | 14.40% |
| Jun 30, 2024 | 13.80% |
| Mar 31, 2024 | 12.38% |
| Dec 31, 2023 | 3.67% |
| Sep 30, 2023 | 6.43% |
| Jun 30, 2023 | 4.39% |
| Mar 31, 2023 | -0.68% |
| Dec 31, 2022 | -5.15% |
| Sep 30, 2022 | 9.57% |
| Jun 30, 2022 | 11.09% |
| Mar 31, 2022 | 7.08% |
| Dec 31, 2021 | 4.24% |
| Sep 30, 2021 | 6.32% |