Skywest (SKYW) Tax Rate (2010 - 2026)
Skywest's (SKYW) quarterly Tax Rate came in at 27.48% in Q2 2026, up 121.0% year-over-year from 12.43% in Q2 2025, and up 387.21% quarter-over-quarter from 5.64% in Q1 2026.
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Skywest (SKYW) Tax Rate (2010 - 2026) Analysis & Trends
Skywest has disclosed Tax Rate across 17 years of filings, most recently posting 27.48% for Q2 2026.
- In Q2 2026, Tax Rate rose 121.0% year-over-year to 27.48%; the TTM figure through Jun 2026 stood at 22.42% (down 114.0% YoY), while the FY2025 annual figure was 24.27%, down 100.0% from the prior year.
- Tax Rate came in at 27.48% for Q2 2026 at Skywest, up from 5.64% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 38.55% in Q4 2023 to a low of 3.59% in Q3 2023.
- Average Tax Rate over 5 years is 21.8%, with a median of 25.31% recorded in 2022.
- Year-over-year, Tax Rate plunged 1708 bps in 2022 and soared 1921 bps in 2024.
- Over 5 years, Tax Rate stood at 23.63% in 2022, then soared by 63 bps to 38.55% in 2023, then decreased by 30 bps to 27.12% in 2024, then declined by 1 bps to 26.83% in 2025, then climbed by 2 bps to 27.48% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 27.48% in Q2 2026, 5.64% in Q1 2026, and 26.83% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 51.14 Bn | 46.47 Bn | 19.07 Bn | 20.16% |
| 2 | Ryanair Holdings | 27.96 Bn | 24.03 Bn | - | -9.31% |
| 3 | Southwest Airlines | 18.91 Bn | 15.12 Bn | 7.33 Bn | 23.86% |
| 4 | Copa Holdings | 5.30 Bn | 4.04 Bn | 1.03 Bn | -11.78% |
| 5 | Alaska Air | 4.45 Bn | 1.79 Bn | 3.76 Bn | 64.49% |
| 6 | Skywest | 3.77 Bn | 3.17 Bn | 1.01 Bn | 27.48% |
| 7 | Grupo Aeromexico, S.A.B. de C.V | 2.20 Bn | 1.17 Bn | - | 14.71% |
| 8 | Allegiant Travel | 1.74 Bn | 681.68 Mn | 902.77 Mn | 7.66% |
| 9 | Jetblue Airways | 1.65 Bn | -373.56 Mn | 2.32 Bn | 8.86% |
| 10 | Frontier Group Holdings | 1.27 Bn | 311.03 Mn | - | 4.26% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 27.48% |
| Mar 31, 2026 | 5.64% |
| Dec 31, 2025 | 26.83% |
| Sep 30, 2025 | 25.97% |
| Jun 30, 2025 | 26.27% |
| Mar 31, 2025 | 16.71% |
| Dec 31, 2024 | 27.12% |
| Sep 30, 2024 | 22.80% |
| Jun 30, 2024 | 26.02% |
| Mar 31, 2024 | 24.79% |
| Dec 31, 2023 | 38.55% |
| Sep 30, 2023 | 3.59% |
| Jun 30, 2023 | 12.58% |
| Mar 31, 2023 | 15.49% |
| Dec 31, 2022 | 23.63% |
| Sep 30, 2022 | 14.77% |
| Jun 30, 2022 | 25.84% |
| Mar 31, 2022 | 28.38% |
| Dec 31, 2021 | 14.03% |
| Sep 30, 2021 | 31.85% |