Skywest (SKYW) Tax Rate (2010 - 2026)
Skywest's (SKYW) quarterly Tax Rate came in at 5.64% in Q1 2026, down 1107.0% year-on-year from 0.56% in Q1 2025, and up 107.84% quarter-over-quarter from 71.95% in Q4 2025.
Skywest (SKYW) Tax Rate (2010 - 2026) Analysis & Trends
Skywest has disclosed Tax Rate across 17 years of filings, most recently posting 5.64% for Q1 2026.
- Tax Rate for Q1 2026 came in at 5.64%, down 1107.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.02% (down 2314.0% YoY), and the FY2025 annual result was 2.51%, down 2276.0% from the prior year.
- Tax Rate came in at 5.64% for Q1 2026 at Skywest, up from 71.95% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 31.55% in Q4 2023 to a low of 71.95% in Q4 2025.
- The 5-year median for Tax Rate is 23.63% (2022), against an average of 15.25%.
- Across the five-year window, Tax Rate surged 76082 bps in 2022 and slumped 9906 bps in 2025, its largest moves.
- Skywest's Tax Rate stood at 23.63% in 2022, then surged by 34 bps to 31.55% in 2023, then dropped by 14 bps to 27.12% in 2024, then sank by 365 bps to 71.95% in 2025, then jumped by 108 bps to 5.64% in 2026.
- The last three Tax Rate figures came in at 5.64% (Q1 2026), 71.95% (Q4 2025), and 25.97% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Ryanair Holdings | 453.97 Bn | 448.50 Bn | 1.55 Bn | - |
| 2 | Delta Air Lines | 54.89 Bn | 49.84 Bn | 15.19 Bn | -35.05 |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 47.52 Bn | 46.49 Bn | -239.00 Mn | 0.00 |
| 4 | Southwest Airlines | 23.88 Bn | 20.55 Bn | 6.21 Bn | 20.35 |
| 5 | Copa Holdings | 6.22 Bn | 4.88 Bn | 713.71 Mn | - |
| 6 | Alaska Air | 5.64 Bn | 3.87 Bn | 3.20 Bn | 39.12 |
| 7 | Skywest | 3.71 Bn | 3.08 Bn | 924.11 Mn | 5.64 |
| 8 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 2.23 Bn | 2.23 Bn | - | -20.22 |
| 9 | Jetblue Airways | 2.11 Bn | -62.86 Mn | 1.87 Bn | 5.06 |
| 10 | Allegiant Travel | 1.82 Bn | 921.81 Mn | 651.87 Mn | 35.66 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 5.64% |
| Mar 31, 2026 | 5.64% |
| Dec 31, 2025 | -71.95% |
| Dec 31, 2025 | -71.95% |
| Sep 30, 2025 | 25.97% |
| Sep 30, 2025 | 25.97% |
| Jun 30, 2025 | 26.27% |
| Jun 30, 2025 | 26.27% |
| Mar 31, 2025 | 16.71% |
| Mar 31, 2025 | 16.71% |
| Dec 31, 2024 | 27.12% |
| Dec 31, 2024 | 27.12% |
| Sep 30, 2024 | 22.80% |
| Sep 30, 2024 | 22.80% |
| Jun 30, 2024 | 26.02% |
| Jun 30, 2024 | 26.02% |
| Mar 31, 2024 | 24.79% |
| Mar 31, 2024 | 24.79% |
| Dec 31, 2023 | 31.55% |
| Dec 31, 2023 | 31.55% |