Skywest (SKYW) Tax Rate (2010 - 2026)
Skywest recorded quarterly Tax Rate of 5.64% in Q1 2026, up 107.84% quarter-over-quarter from 71.95% in Q4 2025, and down 1107.0% year-over-year from 0.56% in Q1 2025.
Skywest's Tax Rate history runs 17 years deep, the most recent figure standing at 5.64% for Q1 2026.
- In Q1 2026, Tax Rate fell 1107.0% year-over-year to 5.64%; the TTM figure through Mar 2026 stood at 0.02% (down 2314.0% YoY), while the FY2025 annual figure 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.
- A 5-year average of 15.25% and a median of 23.63% in 2022 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate soared 76082 bps in 2022 and sank 9906 bps in 2025, its largest moves.
- Skywest's Tax Rate stood at 23.63% in 2022, then soared by 34 bps to 31.55% in 2023, then declined by 14 bps to 27.12% in 2024, then plunged by 365 bps to 71.95% in 2025, then surged by 108 bps to 5.64% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 5.64%, 71.95%, and 25.97% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 53.78 Bn | 48.72 Bn | 15.19 Bn | -35.05 |
| 2 | Southwest Airlines | 21.39 Bn | 18.06 Bn | 6.21 Bn | 20.35 |
| 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 | - | -20.22 |
| 5 | Alaska Air | 5.26 Bn | 3.49 Bn | 3.20 Bn | 39.12 |
| 6 | Skywest | 3.43 Bn | 2.80 Bn | 924.11 Mn | 5.64 |
| 7 | Copa Holdings | 3.33 Bn | 1.99 Bn | 713.71 Mn | - |
| 8 | Jetblue Airways | 2.03 Bn | -140.72 Mn | 1.87 Bn | 5.06 |
| 9 | Allegiant Travel | 1.67 Bn | 765.78 Mn | 651.87 Mn | 35.66 |
| 10 | Frontier Group Holdings | 1.39 Bn | 618.26 Mn | 724.00 Mn | 3.20 |
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 |
| Sep 30, 2023 | 3.59 |
| Sep 30, 2023 | 3.59 |
| Jun 30, 2023 | 12.58 |
| Jun 30, 2023 | 12.58 |
| Mar 31, 2023 | 15.49 |
| Mar 31, 2023 | 15.49 |
| Dec 31, 2022 | 23.63 |
| Dec 31, 2022 | 23.63 |
| Sep 30, 2022 | 14.77 |
| Sep 30, 2022 | 14.77 |
| Jun 30, 2022 | 25.84 |
| Jun 30, 2022 | 25.84 |
| Mar 31, 2022 | 28.38 |
| Mar 31, 2022 | 28.38 |
| Dec 31, 2021 | -737.19 |
| Dec 31, 2021 | -737.19 |
| Sep 30, 2021 | 31.85 |
| Sep 30, 2021 | 31.85 |
| Jun 30, 2021 | 23.82 |
| Jun 30, 2021 | 23.82 |
| Mar 31, 2021 | 28.18 |
| Mar 31, 2021 | 28.18 |
| Dec 31, 2020 | 32.65 |
| Dec 31, 2020 | 32.65 |
| Sep 30, 2020 | 27.16 |
| Sep 30, 2020 | 27.16 |
| Jun 30, 2020 | 22.64 |
| Jun 30, 2020 | 22.64 |
| Mar 31, 2020 | 23.26 |
| Mar 31, 2020 | 23.26 |
| Dec 31, 2019 | -86.36 |
| Dec 31, 2019 | -86.36 |
| Sep 30, 2019 | 23.08 |
| Sep 30, 2019 | 23.08 |
| Jun 30, 2019 | 23.66 |
| Jun 30, 2019 | 23.66 |
| Mar 31, 2019 | 22.95 |
| Mar 31, 2019 | 22.95 |
| Dec 31, 2018 | 26.14 |
| Dec 31, 2018 | 26.14 |
| Sep 30, 2018 | 24.45 |
| Sep 30, 2018 | 24.45 |
| Jun 30, 2018 | 22.85 |
| Jun 30, 2018 | 22.85 |
| Mar 31, 2018 | 19.11 |
| Mar 31, 2018 | 19.11 |
| Dec 31, 2017 | -324.87 |
| Dec 31, 2017 | -324.87 |
| Sep 30, 2017 | 38.03 |
| Sep 30, 2017 | 38.03 |
| Jun 30, 2017 | 37.58 |
| Jun 30, 2017 | 37.58 |
| Mar 31, 2017 | 33.62 |
| Mar 31, 2017 | 33.62 |
| Dec 31, 2016 | 36.60 |
| Dec 31, 2016 | 36.60 |
| Sep 30, 2016 | 37.92 |
| Sep 30, 2016 | 37.92 |
| Jun 30, 2016 | 39.33 |
| Jun 30, 2016 | 39.33 |
| Mar 31, 2016 | 39.14 |
| Mar 31, 2016 | 39.14 |
| Dec 31, 2015 | -70.50 |
| Dec 31, 2015 | -70.50 |
| Sep 30, 2015 | 39.31 |
| Sep 30, 2015 | 39.31 |
| Jun 30, 2015 | 40.10 |
| Jun 30, 2015 | 40.10 |
| Mar 31, 2015 | 40.80 |
| Mar 31, 2015 | 40.80 |
| Dec 31, 2014 | 23.68 |
| Dec 31, 2014 | 23.68 |
| Sep 30, 2014 | 39.51 |
| Sep 30, 2014 | 39.51 |
| Jun 30, 2014 | -194.68 |
| Jun 30, 2014 | -194.68 |
| Mar 31, 2014 | 46.99 |
| Mar 31, 2014 | 46.99 |
| Dec 31, 2013 | 42.96 |
| Dec 31, 2013 | 42.96 |
| Sep 30, 2013 | 40.51 |
| Sep 30, 2013 | 40.51 |
| Jun 30, 2013 | 38.54 |
| Jun 30, 2013 | 38.54 |
| Mar 31, 2013 | 39.71 |
| Mar 31, 2013 | 39.71 |
| Dec 31, 2012 | -88.78 |
| Dec 31, 2012 | -88.78 |
| Sep 30, 2012 | 36.40 |
| Sep 30, 2012 | 36.40 |
| Jun 30, 2012 | 40.80 |
| Jun 30, 2012 | 40.80 |
| Mar 31, 2012 | 44.19 |
| Mar 31, 2012 | 44.19 |
| Dec 31, 2011 | 35.31 |
| Dec 31, 2011 | 35.31 |
| Sep 30, 2011 | 105.51 |
| Sep 30, 2011 | 105.51 |
| Jun 30, 2011 | 189.87 |
| Jun 30, 2011 | 189.87 |
| Mar 31, 2011 | 40.31 |
| Mar 31, 2011 | 40.31 |
| Dec 31, 2010 | -70.82 |
| Dec 31, 2010 | -70.82 |
| Sep 30, 2010 | 35.10 |
| Sep 30, 2010 | 35.10 |
| Jun 30, 2010 | 39.12 |
| Jun 30, 2010 | 39.12 |