Skywest (SKYW) Tax Rate (2010 - 2026)
Skywest (SKYW) posted Tax Rate of 27.48% for Q2 2026, up 387.21% sequentially from 5.64% in Q1 2026, and up 121.0% YoY from 12.43% in Q2 2025.
Skywest (SKYW) Tax Rate (2010 - 2026) Analysis & Trends
Skywest has reported Tax Rate for 17 years, with the latest figure at 27.48% in Q2 2026.
- Quarterly Tax Rate rose 121.0% year-over-year to 27.48% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 22.42% (down 114.0% YoY) and the FY2025 annual result came in at 24.27%, down 100.0% from the prior year.
- Tax Rate improved to 27.48% in Q2 2026 per SKYW's latest filing, from 5.64% in the prior quarter.
- Over five years, Tax Rate peaked at 38.55% in Q4 2023 and troughed at 3.59% in Q3 2023.
- A 5-year average of 21.8% and a median of 25.31% in 2022 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2022 and 2024: Tax Rate sank 1708 bps in 2022, then jumped 1921 bps in 2024.
- Over 5 years, Tax Rate stood at 23.63% in 2022, then surged by 63 bps to 38.55% in 2023, then dropped by 30 bps to 27.12% in 2024, then retreated by 1 bps to 26.83% in 2025, then increased by 2 bps to 27.48% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 27.48%, 5.64%, and 26.83% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 53.83 Bn | 49.17 Bn | 19.07 Bn | 20.16% |
| 2 | Ryanair Holdings | 29.13 Bn | 25.92 Bn | - | -9.31% |
| 3 | Southwest Airlines | 19.58 Bn | 15.79 Bn | 7.33 Bn | 23.86% |
| 4 | Copa Holdings | 5.32 Bn | 4.05 Bn | 1.03 Bn | -11.78% |
| 5 | Alaska Air | 4.47 Bn | 1.81 Bn | 3.76 Bn | 64.49% |
| 6 | Skywest | 3.98 Bn | 3.38 Bn | 1.01 Bn | 27.48% |
| 7 | Allegiant Travel | 1.83 Bn | 779.71 Mn | 902.77 Mn | 7.66% |
| 8 | Jetblue Airways | 1.80 Bn | -221.32 Mn | 2.32 Bn | 8.86% |
| 9 | Frontier Group Holdings | 1.33 Bn | 378.87 Mn | - | 4.26% |
| 10 | Republic Airways Holdings | 858.63 Mn | 581.03 Mn | 487.40 Mn | 28.11% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 27.48% |
| Jun 30, 2026 | 27.48% |
| Jun 30, 2026 | 27.48% |
| Mar 31, 2026 | 5.64% |
| Mar 31, 2026 | 5.64% |
| Mar 31, 2026 | 5.64% |
| Dec 31, 2025 | 26.83% |
| Dec 31, 2025 | 26.83% |
| Dec 31, 2025 | 26.83% |
| Sep 30, 2025 | 25.97% |
| Sep 30, 2025 | 25.97% |
| Sep 30, 2025 | 25.97% |
| Jun 30, 2025 | 26.27% |
| Jun 30, 2025 | 26.27% |
| Jun 30, 2025 | 26.27% |
| Mar 31, 2025 | 16.71% |
| Mar 31, 2025 | 16.71% |
| Mar 31, 2025 | 16.71% |
| Dec 31, 2024 | 27.12% |
| Dec 31, 2024 | 27.12% |