Growth Metrics

Skywest (SKYW) Operating Margin (2016 - 2025)

Skywest's Operating Margin history spans 16 years, with the latest figure at 35.62% for Q4 2025.

  • For Q4 2025, Operating Margin fell 810.0% year-over-year to 35.62%; the TTM value through Dec 2025 reached 2.93%, up 35.0%, while the annual FY2025 figure was 2.93%, 35.0% up from the prior year.
  • Operating Margin for Q4 2025 was 35.62% at Skywest, down from 16.58% in the prior quarter.
  • Across five years, Operating Margin topped out at 17.51% in Q2 2021 and bottomed at 35.62% in Q4 2025.
  • The 5-year median for Operating Margin is 8.33% (2022), against an average of 3.67%.
  • The largest annual shift saw Operating Margin skyrocketed 2204bps in 2022 before it crashed -3119bps in 2024.
  • A 5-year view of Operating Margin shows it stood at 27.19% in 2021, then soared by 81bps to 5.15% in 2022, then soared by 171bps to 3.67% in 2023, then tumbled by -849bps to 27.51% in 2024, then fell by -29bps to 35.62% in 2025.
  • Per Business Quant, the three most recent readings for SKYW's Operating Margin are 35.62% (Q4 2025), 16.58% (Q3 2025), and 16.43% (Q2 2025).