Skywest (SKYW) Operating Margin (2010 - 2026)
Skywest's (SKYW) quarterly Operating Margin came in at 14.13% in Q2 2026, down 230.0% year-over-year from 10.87% in Q2 2025, and up 15.75% quarter-over-quarter from 12.21% in Q1 2026.
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Skywest (SKYW) Operating Margin (2010 - 2026) Analysis & Trends
Skywest has disclosed Operating Margin across 17 years of filings, most recently posting 14.13% for Q2 2026.
- In Q2 2026, Operating Margin fell 230.0% year-over-year to 14.13%; the TTM figure through Jun 2026 stood at 14.03% (down 120.0% YoY), while the FY2025 annual figure was 15.22%, up 120.0% from the prior year.
- Operating Margin came in at 14.13% for Q2 2026 at Skywest, up from 12.21% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 16.58% in Q3 2025 to a low of 5.15% in Q4 2022.
- Average Operating Margin over 5 years is 9.97%, with a median of 12.3% recorded in 2024.
- Year-over-year, Operating Margin slumped 939 bps in 2022 and surged 1306 bps in 2024.
- Over 5 years, Operating Margin stood at 5.15% in 2022, then surged by 171 bps to 3.67% in 2023, then jumped by 315 bps to 15.26% in 2024, then slipped by 14 bps to 13.1% in 2025, then increased by 8 bps to 14.13% in 2026.
- Per Business Quant data, the three most recent Operating Margin figures were 14.13% in Q2 2026, 12.21% in Q1 2026, and 13.1% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 52.71 Bn | 48.04 Bn | 19.07 Bn | 9.43% |
| 2 | Ryanair Holdings | 28.90 Bn | 24.96 Bn | - | 13.12% |
| 3 | Southwest Airlines | 19.37 Bn | 15.58 Bn | 7.33 Bn | 3.38% |
| 4 | Copa Holdings | 5.44 Bn | 4.18 Bn | 1.03 Bn | 8.65% |
| 5 | Alaska Air | 4.69 Bn | 2.03 Bn | 3.76 Bn | -4.13% |
| 6 | Skywest | 3.85 Bn | 3.25 Bn | 1.01 Bn | 14.13% |
| 7 | Grupo Aeromexico, S.A.B. de C.V | 2.30 Bn | 1.27 Bn | - | 4.60% |
| 8 | Allegiant Travel | 2.14 Bn | 1.08 Bn | 902.77 Mn | 2.24% |
| 9 | Jetblue Airways | 1.75 Bn | -274.49 Mn | 2.32 Bn | -5.23% |
| 10 | Frontier Group Holdings | 1.37 Bn | 416.98 Mn | - | -7.58% |
Historic Data
Download Data
Historic 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% |