Skywest (SKYW) Rent Expense (2010 - 2014)
Skywest recorded quarterly Rent Expense of $14.3 million in Q4 2014, up 16.31% quarter-over-quarter from $12.3 million in Q3 2014, and up 1.17% year-over-year from $14.1 million in Q4 2013.
Skywest's Rent Expense history runs 5 years deep, the most recent figure standing at $14.3 million for Q4 2014.
- In Q4 2014, Rent Expense rose 1.17% year-over-year to $14.3 million; the TTM figure through Dec 2014 stood at $51.0 million (down 55.51% YoY), while the FY2016 annual figure was $49.5 million, down 8.65% from the prior year.
- Rent Expense came in at $14.3 million for Q4 2014 at Skywest, up from $12.3 million in the prior quarter.
- In the past five years, Rent Expense ranged from a high of $45.9 million in Q3 2011 to a low of $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.
- Across the five-year window, Rent Expense jumped 44.49% in 2011 and sank 66.91% in 2014, its largest moves.
- Skywest's Rent Expense stood at $38.3 million in 2010, then advanced by 14.76% to $44.0 million in 2011, then declined by 17.4% to $36.3 million in 2012, then sank by 61.11% to $14.1 million in 2013, then rose 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 | 53.78 Bn | 48.72 Bn | 15.19 Bn | 913.00 Mn |
| 2 | Southwest Airlines | 21.39 Bn | 18.06 Bn | 6.21 Bn | 572.00 Mn |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 18.50 Bn | 17.47 Bn | -239.00 Mn | - |
| 4 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 8.98 Bn | 8.98 Bn | - | - |
| 5 | Alaska Air | 5.26 Bn | 3.49 Bn | 3.20 Bn | 291.00 Mn |
| 6 | Skywest | 3.43 Bn | 2.80 Bn | 924.11 Mn | - |
| 7 | Copa Holdings | 3.33 Bn | 1.99 Bn | 713.71 Mn | - |
| 8 | Jetblue Airways | 2.03 Bn | -140.72 Mn | 1.87 Bn | 169.00 Mn |
| 9 | Allegiant Travel | 1.67 Bn | 765.78 Mn | 651.87 Mn | - |
| 10 | Frontier Group Holdings | 1.39 Bn | 618.26 Mn | 724.00 Mn | 192.00 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 |
| Jun 30, 2012 | 44.25 Mn |
| Jun 30, 2012 | 44.25 Mn |
| Mar 31, 2012 | 43.93 Mn |
| Mar 31, 2012 | 43.93 Mn |
| Dec 31, 2011 | 43.99 Mn |
| Dec 31, 2011 | 43.99 Mn |
| Sep 30, 2011 | 45.90 Mn |
| Sep 30, 2011 | 45.90 Mn |
| Jun 30, 2011 | 42.32 Mn |
| Jun 30, 2011 | 42.32 Mn |
| Mar 31, 2011 | 42.63 Mn |
| Mar 31, 2011 | 42.63 Mn |
| Dec 31, 2010 | 38.33 Mn |
| Dec 31, 2010 | 38.33 Mn |
| Sep 30, 2010 | 31.77 Mn |
| Sep 30, 2010 | 31.77 Mn |
| Jun 30, 2010 | 30.55 Mn |
| Jun 30, 2010 | 30.55 Mn |