SkyWest Net Income from 2010 to 2024

SKYW Stock  USD 75.33  0.35  0.47%   
SkyWest Net Income yearly trend continues to be fairly stable with very little volatility. Net Income will likely drop to about 32.6 M in 2024. During the period from 2010 to 2024, SkyWest Net Income regression line of quarterly data had mean square error of 24568 T and geometric mean of  58,095,512. View All Fundamentals
 
Net Income  
First Reported
1989-09-30
Previous Quarter
17.5 M
Current Value
60.3 M
Quarterly Volatility
41.2 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check SkyWest financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SkyWest main balance sheet or income statement drivers, such as Depreciation And Amortization of 402.3 M, Interest Expense of 139.1 M or Total Revenue of 1.8 B, as well as many exotic indicators such as Price To Sales Ratio of 0.83, Dividend Yield of 0.0058 or PTB Ratio of 1.56. SkyWest financial statements analysis is a perfect complement when working with SkyWest Valuation or Volatility modules.
  
This module can also supplement SkyWest's financial leverage analysis and stock options assessment as well as various SkyWest Technical models . Check out the analysis of SkyWest Correlation against competitors.
For more information on how to buy SkyWest Stock please use our How to Invest in SkyWest guide.

Latest SkyWest's Net Income Growth Pattern

Below is the plot of the Net Income of SkyWest over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in SkyWest financial statement analysis. It represents the amount of money remaining after all of SkyWest operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is SkyWest's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in SkyWest's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 34.34 M10 Years Trend
Pretty Stable
   Net Income   
       Timeline  

SkyWest Net Income Regression Statistics

Arithmetic Mean87,329,860
Geometric Mean58,095,512
Coefficient Of Variation176.18
Mean Deviation112,327,427
Median51,157,000
Standard Deviation153,860,278
Sample Variance23673T
Range590.5M
R-Value0.19
Mean Square Error24568T
R-Squared0.04
Significance0.50
Slope6,556,683
Total Sum of Squares331421.8T

SkyWest Net Income History

202432.6 M
202334.3 M
202273 M
2021111.9 M
2020-8.5 M
2019340.1 M
2018280.4 M

Other Fundumenentals of SkyWest

SkyWest Net Income component correlations

About SkyWest Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include SkyWest income statement, its balance sheet, and the statement of cash flows. SkyWest investors use historical funamental indicators, such as SkyWest's Net Income, to determine how well the company is positioned to perform in the future. Although SkyWest investors may use each financial statement separately, they are all related. The changes in SkyWest's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on SkyWest's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on SkyWest Financial Statements. Understanding these patterns can help to make the right decision on long term investment in SkyWest. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Income34.3 M32.6 M
Net Income Applicable To Common Shares83.9 M107.6 M
Net Loss-30.3 M-28.8 M
Net Income Per Share 0.78  0.98 
Net Income Per E B T 0.85  0.57 

Currently Active Assets on Macroaxis

When determining whether SkyWest is a strong investment it is important to analyze SkyWest's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SkyWest's future performance. For an informed investment choice regarding SkyWest Stock, refer to the following important reports:
Check out the analysis of SkyWest Correlation against competitors.
For more information on how to buy SkyWest Stock please use our How to Invest in SkyWest guide.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.

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When running SkyWest's price analysis, check to measure SkyWest's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SkyWest is operating at the current time. Most of SkyWest's value examination focuses on studying past and present price action to predict the probability of SkyWest's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SkyWest's price. Additionally, you may evaluate how the addition of SkyWest to your portfolios can decrease your overall portfolio volatility.
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Is SkyWest's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SkyWest. If investors know SkyWest will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SkyWest listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.42)
Earnings Share
2.67
Revenue Per Share
73.133
Quarterly Revenue Growth
0.162
Return On Assets
0.0185
The market value of SkyWest is measured differently than its book value, which is the value of SkyWest that is recorded on the company's balance sheet. Investors also form their own opinion of SkyWest's value that differs from its market value or its book value, called intrinsic value, which is SkyWest's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SkyWest's market value can be influenced by many factors that don't directly affect SkyWest's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SkyWest's value and its price as these two are different measures arrived at by different means. Investors typically determine if SkyWest is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SkyWest's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.