Skywest (SKYW) Operating Margin (2010 - 2026)
Skywest recorded quarterly Operating Margin of 12.21% in Q1 2026, down 6.8% quarter-over-quarter from 13.1% in Q4 2025, and down 249.0% year-over-year from 8.19% in Q1 2025.
Skywest's Operating Margin history runs 17 years deep, the most recent figure standing at 12.21% for Q1 2026.
- In Q1 2026, Operating Margin fell 249.0% year-over-year to 12.21%; the TTM figure through Mar 2026 stood at 14.61% (up 1105.0% YoY), while the FY2025 annual figure was 15.22%, up 1265.0% from the prior year.
- Operating Margin came in at 12.21% for Q1 2026 at Skywest, down from 13.1% 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 28.89% in Q4 2022.
- A 5-year average of 5.81% and a median of 11.09% in 2022 frame the typical range for Operating Margin.
- Across the five-year window, Operating Margin tumbled 3313 bps in 2022 and soared 4061 bps in 2025, its largest moves.
- Skywest's Operating Margin stood at 28.89% in 2022, then jumped by 113 bps to 3.67% in 2023, then slumped by 849 bps to 27.51% in 2024, then jumped by 148 bps to 13.1% in 2025, then dropped by 7 bps to 12.21% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 12.21%, 13.1%, and 16.58% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 53.78 Bn | 48.72 Bn | 15.19 Bn | 3.16% |
| 2 | Southwest Airlines | 21.39 Bn | 18.06 Bn | 6.21 Bn | 4.55% |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 18.50 Bn | 17.47 Bn | -239.00 Mn | 186.84% |
| 4 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 8.98 Bn | 8.98 Bn | - | -2.73% |
| 5 | Alaska Air | 5.26 Bn | 3.49 Bn | 3.20 Bn | -8.45% |
| 6 | Skywest | 3.43 Bn | 2.80 Bn | 924.11 Mn | 12.21% |
| 7 | Copa Holdings | 3.33 Bn | 1.99 Bn | 713.71 Mn | 21.77% |
| 8 | Jetblue Airways | 2.03 Bn | -140.72 Mn | 1.87 Bn | -10.00% |
| 9 | Allegiant Travel | 1.67 Bn | 765.78 Mn | 651.87 Mn | 12.07% |
| 10 | Frontier Group Holdings | 1.39 Bn | 618.26 Mn | 724.00 Mn | -28.53% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | -27.51% |
| 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 | -28.89% |
| 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% |
| Jun 30, 2021 | 17.51% |
| Mar 31, 2021 | 15.12% |
| Dec 31, 2020 | -4.69% |
| Sep 30, 2020 | 16.30% |
| Jun 30, 2020 | -1.26% |
| Mar 31, 2020 | 9.09% |
| Dec 31, 2019 | 16.85% |
| Sep 30, 2019 | 19.26% |
| Jun 30, 2019 | 19.36% |
| Mar 31, 2019 | 13.32% |
| Dec 31, 2018 | 10.97% |
| Sep 30, 2018 | 15.28% |
| Jun 30, 2018 | 17.12% |
| Mar 31, 2018 | 15.51% |
| Dec 31, 2017 | 12.05% |
| Sep 30, 2017 | 13.83% |
| Jun 30, 2017 | 13.47% |
| Mar 31, 2017 | 10.21% |
| Dec 31, 2016 | -53.36% |
| Sep 30, 2016 | 10.73% |
| Jun 30, 2016 | 10.50% |
| Mar 31, 2016 | 8.11% |
| Dec 31, 2015 | 6.94% |
| Sep 30, 2015 | 9.86% |
| Jun 30, 2015 | 8.87% |
| Mar 31, 2015 | 4.48% |
| Dec 31, 2014 | -2.42% |
| Sep 30, 2014 | 7.08% |
| Jun 30, 2014 | 1.62% |
| Mar 31, 2014 | -3.60% |
| Dec 31, 2013 | 3.83% |
| Sep 30, 2013 | 6.60% |
| Jun 30, 2013 | 6.02% |
| Mar 31, 2013 | 1.94% |
| Dec 31, 2012 | 5.40% |
| Sep 30, 2012 | 6.35% |
| Jun 30, 2012 | 4.99% |
| Mar 31, 2012 | 2.22% |
| Dec 31, 2011 | -0.55% |
| Sep 30, 2011 | 2.81% |
| Jun 30, 2011 | 2.04% |
| Mar 31, 2011 | 0.03% |
| Dec 31, 2010 | 6.51% |
| Sep 30, 2010 | 8.49% |
| Jun 30, 2010 | 7.59% |