What does the company do?
SkyWest, Inc. (SkyWest) through SkyWest Airlines, Inc. (SkyWest Airlines) and Atlantic Southeast Airlines, Inc. (ASA), the Company’s wholly owned subsidiaries, offers scheduled passenger service with approximately 2,300 daily departures to 218 destinations in the United States, Canada, Mexico and the Caribbean. Most of its flights are operated as either Delta Connection, United Express or Midwest Connect flights under code-share arrangements with Delta, United or Midwest Airlines, Inc. (Midwest), respectively, with presence in their domestic hubs and focus cities. SkyWest Airlines and ASA provide regional flying to its partners under long-term, fixed-fee code-share agreements. As of December, 31, 2008, the Company’s consolidated fleet consisted of a total of 442 aircraft, of which 258 were assigned with Delta, 163 were assigned with United, 12 were assigned with Midwest and nine were used by SkyWest Airlines as additional maintenance spare aircraft.
How much does the company sell and earn?
Investors need to know how much stuff or services a company sells, and how much of that total it keeps as income (or profit) to grow its business or return to shareholders. The more of each, the better. In general, look for companies that sell and earn more than peers.
- Skywest one-year sales: 3.05 Bil.
Difference from the average for the Regional Airlines group: -37.13% - Skywest one-year income: 82.95 Mil.
Difference from the average for the Regional Airlines group: 20.69%| Sales & Income (past 12 months) | Company | Industry |
|---|
| Sales | 3.05 Bil | 4.85 Bil | | Income | 82.95 Mil | 68.72 Mil |
How fast is the company growing?
- Skywest one-year sales growth: -24.60%.
Difference from the average for the Regional Airlines group: -17.10 pct. pts. - Skywest one-year income growth: -45.70%.
| Sales & Income Growth (past 12 months) | Company | Industry |
|---|
| Sales Growth | -24.60% | -7.50% | | Income Growth | -45.70% | 77.80% |
How profitable is the company?
Investors prefer companies that increase profit margins -- the percentage of sales that they keep -- every year. This is accomplished either by lowering expenses or raising prices. Look for companies that consistently find ways to squeeze more profits out of sales than their peers.
- Skywest one-year net profit margin: 2.7%
Difference from the company's 5-year average net profit margin: -2.0 pct. pts.
Difference from the average for the Regional Airlines group: -0.3 pct. pts.
| Net profit margins (%) |
|---|
| Company | 2.7% | | Company 5-Yr Avg. | 4.7% | | Industry | 3.1% |
How is the company's financial health?
The debt/equity ratio shows how much a firm has borrowed as a percentage of its stock equity. The lower, the better.
- Skywest debt/equity ratio: 1.39.
Difference from the average for the Regional Airlines group: 44.79%.
| | Company | Industry |
|---|
| Debt/equity ratio | 1.39 | 0.96 |
|
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