Skywest (SKYW) Return on Invested Capital [ROIC] (2011 - 2026)
Skywest (SKYW) recorded Return on Invested Capital [ROIC] of 8.93% in Q2 2026, up 0.12 percentage points from 8.81% a year earlier but down 0.16 percentage points from the prior quarter.
Skywest (SKYW) Return on Invested Capital [ROIC] (2011 - 2026) Analysis & Trends
For FY2025, Skywest reported Return on Invested Capital [ROIC] of 10.21%, up 1.24 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] has a five-year change of +7.79 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Invested Capital [ROIC] came in at 8.98% in FY2024 (+7.02 pp), 1.95% in FY2023 (-1.07 pp), 3.03% in FY2022 (-1.47 pp) and 4.49% in FY2021 (+2.07 pp).
- Quarterly Return on Invested Capital [ROIC] has ranged from 0.50% in Q2 2023 to 9.33% in Q3 2025 over the past five years.
- On a year-over-year basis, Return on Invested Capital [ROIC] has increased for ten consecutive quarters, with an average year-over-year change of +3.26 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Invested Capital [ROIC] in the last five years was a gain of 6.31 percentage points in Q4 2024, against a drop of 2.87 percentage points in Q3 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 9.09% (Q1 2026), 9.14% (Q4 2025) and 9.33% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 174.04 Bn | 166.29 Bn | - | 15.71% |
| 2 | Csx | 93.63 Bn | 88.85 Bn | - | 12.59% |
| 3 | Canadian Pacific Kansas City | 78.71 Bn | 78.42 Bn | - | 5.98% |
| 4 | United Parcel Service | 75.71 Bn | 52.63 Bn | - | 12.85% |
| 5 | Norfolk Southern | 74.09 Bn | 68.55 Bn | - | 9.67% |
| 6 | Fedex | 70.69 Bn | 36.64 Bn | - | 7.44% |
| 7 | Delta Air Lines | 50.49 Bn | 32.68 Bn | - | 10.82% |
| 8 | Old Dominion Freight Line | 37.91 Bn | 37.17 Bn | - | 24.14% |
| 9 | United Airlines Holdings | 31.82 Bn | -25.88 Bn | - | 8.90% |
| 10 | Skywest | 3.61 Bn | 923.67 Mn | - | 8.93% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.93% |
| Mar 31, 2026 | 9.09% |
| Dec 31, 2025 | 9.14% |
| Sep 30, 2025 | 9.33% |
| Jun 30, 2025 | 8.81% |
| Mar 31, 2025 | 8.56% |
| Dec 31, 2024 | 7.73% |
| Sep 30, 2024 | 5.66% |
| Jun 30, 2024 | 4.48% |
| Mar 31, 2024 | 3.40% |
| Dec 31, 2023 | 1.79% |
| Sep 30, 2023 | 0.52% |
| Jun 30, 2023 | 0.50% |
| Mar 31, 2023 | 1.82% |
| Dec 31, 2022 | 2.57% |
| Sep 30, 2022 | 3.38% |
| Jun 30, 2022 | 2.90% |
| Mar 31, 2022 | 3.52% |
| Dec 31, 2021 | 4.00% |
| Sep 30, 2021 | 2.89% |
Skywest Return on Invested Capital [ROIC] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=SKYW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "SKYW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=SKYW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();