Skywest (SKYW) Operating Margin (2010 - 2026)
Skywest (SKYW) posted Operating Margin of 14.13% for Q2 2026, up 15.75% sequentially from 12.21% in Q1 2026, and down 230.0% YoY from 10.87% in Q2 2025.
Skywest (SKYW) Operating Margin (2010 - 2026) Analysis & Trends
Skywest has reported Operating Margin for 17 years, with the latest figure at 14.13% 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 advanced to 14.13% in Q2 2026 per SKYW's latest filing, from 12.21% in the prior quarter.
- Over five years, Operating Margin peaked at 16.58% in Q3 2025 and troughed at 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.
- The sharpest annual moves came in 2022 and 2024: Operating Margin tumbled 939 bps in 2022, then soared 1306 bps in 2024.
- Over 5 years, 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 declined by 14 bps to 13.1% in 2025, then gained 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.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 53.01 Bn | 48.34 Bn | 19.07 Bn | 9.43% |
| 2 | Ryanair Holdings | 28.78 Bn | 25.56 Bn | - | 12.63% |
| 3 | Southwest Airlines | 19.50 Bn | 15.71 Bn | 7.33 Bn | 3.38% |
| 4 | Copa Holdings | 5.30 Bn | 4.04 Bn | 1.03 Bn | 8.65% |
| 5 | Alaska Air | 4.46 Bn | 1.80 Bn | 3.76 Bn | -4.13% |
| 6 | Skywest | 3.98 Bn | 3.38 Bn | 1.01 Bn | 14.13% |
| 7 | Jetblue Airways | 1.79 Bn | -232.60 Mn | 2.32 Bn | -5.23% |
| 8 | Allegiant Travel | 1.75 Bn | 695.62 Mn | 902.77 Mn | 2.24% |
| 9 | Frontier Group Holdings | 1.33 Bn | 373.12 Mn | - | -7.58% |
| 10 | Republic Airways Holdings | 843.32 Mn | 565.72 Mn | 487.40 Mn | 10.28% |
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% |