Skywest (SKYW) Rent Expense (2010 - 2014)
Skywest (SKYW) posted Rent Expense of $14.3 million for Q4 2014, up 16.31% sequentially from $12.3 million in Q3 2014, and up 1.17% YoY from $14.1 million in Q4 2013.
Skywest (SKYW) Rent Expense (2010 - 2014) Analysis & Trends
Skywest has reported Rent Expense for 5 years, with the latest figure at $14.3 million in Q4 2014.
- Quarterly Rent Expense rose 1.17% year-over-year to $14.3 million in Q4 2014, while the trailing twelve-month figure through Dec 2014 was $51.0 million (down 55.51% YoY) and the FY2016 annual result came in at $49.5 million, down 8.65% from the prior year.
- Rent Expense grew to $14.3 million in Q4 2014 per SKYW's latest filing, from $12.3 million in the prior quarter.
- Over five years, Rent Expense peaked at $45.9 million in Q3 2011 and troughed at $12.2 million in Q1 2014.
- A 5-year average of $32.2 million and a median of $36.3 million in 2012 frame the typical range for Rent Expense.
- The sharpest annual moves came in 2011 and 2014: Rent Expense surged 44.49% in 2011, then slumped 66.91% in 2014.
- Over 5 years, Rent Expense stood at $38.3 million in 2010, then climbed by 14.76% to $44.0 million in 2011, then fell by 17.4% to $36.3 million in 2012, then slumped by 61.11% to $14.1 million in 2013, then gained by 1.17% to $14.3 million in 2014.
- According to Business Quant data, Rent Expense over the past three periods registered $14.3 million, $12.3 million, and $12.2 million for Q4 2014, Q3 2014, and Q2 2014 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 53.89 Bn | 49.22 Bn | 19.07 Bn | - |
| 2 | Ryanair Holdings | 29.45 Bn | 26.24 Bn | - | - |
| 3 | Southwest Airlines | 19.73 Bn | 15.94 Bn | 7.33 Bn | - |
| 4 | Copa Holdings | 5.35 Bn | 4.09 Bn | 1.03 Bn | - |
| 5 | Alaska Air | 4.49 Bn | 1.83 Bn | 3.76 Bn | - |
| 6 | Skywest | 3.99 Bn | 3.38 Bn | 1.01 Bn | - |
| 7 | Allegiant Travel | 1.86 Bn | 807.93 Mn | 902.77 Mn | - |
| 8 | Jetblue Airways | 1.83 Bn | -189.37 Mn | 2.32 Bn | - |
| 9 | Frontier Group Holdings | 1.36 Bn | 408.77 Mn | - | - |
| 10 | Republic Airways Holdings | 853.83 Mn | 576.23 Mn | 487.40 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2014 | 14.30 Mn |
| Dec 31, 2014 | 14.30 Mn |
| Sep 30, 2014 | 12.29 Mn |
| Sep 30, 2014 | 12.29 Mn |
| Jun 30, 2014 | 12.24 Mn |
| Jun 30, 2014 | 12.24 Mn |
| Mar 31, 2014 | 12.19 Mn |
| Mar 31, 2014 | 12.19 Mn |
| Dec 31, 2013 | 14.13 Mn |
| Dec 31, 2013 | 14.13 Mn |
| Sep 30, 2013 | 29.47 Mn |
| Sep 30, 2013 | 29.47 Mn |
| Jun 30, 2013 | 37.00 Mn |
| Jun 30, 2013 | 37.00 Mn |
| Mar 31, 2013 | 34.09 Mn |
| Mar 31, 2013 | 34.09 Mn |
| Dec 31, 2012 | 36.33 Mn |
| Dec 31, 2012 | 36.33 Mn |
| Sep 30, 2012 | 45.34 Mn |
| Sep 30, 2012 | 45.34 Mn |