SKYW Skywest

SkyWest, Inc. is the holding company for SkyWest Airlines and SkyWest Leasing, an aircraft leasing company. SkyWest Airlines has a fleet of nearly 450 aircraft connecting passengers to 227 destinations throughout North America. SkyWest Airlines operates through partnerships with United Airlines, Delta Air Lines, American Airlines and Alaska Airlines carrying more than 43 million passengers in 2019. Based in St. George, Utah, SkyWest continues to set the standard for excellence across the regional industry with exceptional value for customers, shareholders and more than 13,000 employees.
Company profile
Ticker
SKYW
Exchange
Website
CEO
Russell Childs
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
IRS number
870292166
SKYW stock data
()
News
12 Industrials Stocks Moving In Monday's After-Market Session
5 Apr 21
Stocks That Hit 52-Week Highs On Monday
15 Mar 21
Stocks That Hit 52-Week Highs On Wednesday
24 Feb 21
Stocks That Hit 52-Week Highs On Tuesday
23 Feb 21
Stocks Making New 52-Week Highs/Lows For Monday, Feb. 22, 2021 (Via Benzinga Pro's Signals Tool)
22 Feb 21
Press releases
SkyWest, Inc. Announces First Quarter 2021 Results Call Date
8 Apr 21
SkyWest Named to the Forbes America's Best Employers 2021 List
9 Feb 21
SkyWest, Inc. Announces Fourth Quarter and Annual 2020 Results
4 Feb 21
Sky West, Inc. to Host Earnings Call
4 Feb 21
SkyWest to Receive $233 million through a Payroll Support Program Extension Under 2021 Appropriations Act
15 Jan 21
Calendar
22 Feb 21
11 Apr 21
31 Dec 21
Financial summary
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Dec 20 | Dec 19 | Dec 18 | Dec 17 | |
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Financial data from Skywest earnings reports.
Cash burn rate (estimated) | Burn method: Change in cash | Burn method: Operating income/loss | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 215.72M | 215.72M | 215.72M | 215.72M | 215.72M | 215.72M |
Cash burn (monthly) | 67.5M | (positive/no burn) | 19.79M | (positive/no burn) | (positive/no burn) | (positive/no burn) |
Cash used (since last report) | 229.07M | n/a | 67.16M | n/a | n/a | n/a |
Cash remaining | -13.35M | n/a | 148.56M | n/a | n/a | n/a |
Runway (months of cash) | -0.2 | n/a | 7.5 | n/a | n/a | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
12 Mar 21 | Childs Russell A | Common Stock | Sell | Dispose S | No | No | 59.6735 | 17,000 | 1.01M | 155,857 |
8 Mar 21 | Childs Russell A | Common Stock | Sell | Dispose S | No | No | 58.6337 | 10,159 | 595.66K | 172,857 |
8 Mar 21 | Childs Russell A | Common Stock | Sell | Dispose S | No | No | 58.0652 | 30,861 | 1.79M | 183,016 |
8 Mar 21 | Childs Russell A | Common Stock | Option exercise | Aquire M | No | No | 14.78 | 41,020 | 606.28K | 213,877 |
8 Mar 21 | Childs Russell A | Stock Option Common Stock | Option exercise | Aquire M | No | No | 14.78 | 41,020 | 606.28K | 0 |
25 Feb 21 | Henry J Eyring | Common Stock | Sell | Dispose S | No | No | 57.0143 | 2,300 | 131.13K | 2,600 |
25 Feb 21 | Henry J Eyring | Common Stock | Sell | Dispose S | No | No | 56.0604 | 2,682 | 150.35K | 4,900 |
25 Feb 21 | Henry J Eyring | Common Stock | Sell | Dispose S | No | No | 55.217 | 15,270 | 843.16K | 7,582 |
24 Feb 21 | Henry J Eyring | Common Stock | Sell | Dispose S | No | No | 60.2954 | 10,000 | 602.95K | 22,852 |
23 Feb 21 | Eric Woodward | Common Stock | Sell | Dispose S | No | No | 60.374 | 3,000 | 181.12K | 25,513 |
Institutional ownership Q4 2020
Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.
87.5% owned by funds/institutions
13F holders |
Current |
---|---|
Total holders | 215 |
Opened positions | 40 |
Closed positions | 26 |
Increased positions | 58 |
Reduced positions | 80 |
13F shares |
Current |
---|---|
Total value | 1.79B |
Total shares | 44.06M |
Total puts | 30.5K |
Total calls | 349.1K |
Total put/call ratio | 0.1 |
Largest owners |
Shares | Value |
---|---|---|
BLK Blackrock | 7.47M | $301.04M |
Vanguard | 5.03M | $202.83M |
Dimensional Fund Advisors | 3.54M | $142.56M |
Alliancebernstein | 3M | $121.09M |
BK Bank Of New York Mellon | 2.08M | $83.84M |
GROW U.S. Global Investors | 2.07M | $83.3M |
STT State Street | 1.83M | $73.86M |
GS Goldman Sachs | 1.03M | $41.51M |
LSV Asset Management | 966.81K | $38.97M |
NTRS Northern Trust | 934.26K | $37.66M |
Financial report summary
?Management Discussion
- Flying agreements revenue primarily consists of revenue earned on flights we operate under our capacity purchase agreements and prorate agreements with our major airline partners. Lease, airport services and other revenues consist of revenue earned from leasing aircraft and spare engines to third parties separate from our capacity purchase agreements and providing airport counter, gate and ramp services.
- The decrease in “Capacity purchase agreements revenue: flight operations” of $593.1 million was due to a reduction in flights we were scheduled to operate by our major airline partners in 2020 as a result of decreased passenger demand in response to the COVID-19 pandemic. Our completed departures decreased 30.5% and completed block hours decreased 33.5% during 2020 compared to 2019.
- The increase in “Capacity purchase agreements revenue: aircraft lease and fixed revenue” of $16.7 million was due to the incremental lease revenue generated from six new E175 aircraft that we acquired through debt added to capacity purchase agreements and increases to the fixed monthly rates made to certain existing capacity purchase agreements that were extended since December 31, 2019. For clarity, we added a total of 37 new E175 to our capacity purchase agreements during 2020, however our major airline partners acquired 31 of these E175s and we have no aircraft ownership lease revenue associated with these 31 E175s.
Content analysis
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H.S. sophomore Avg
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New words:
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Removed:
absence, account, authorization, collect, comparative, creating, disputed, distance, doubtful, Eastern, evolved, expired, frequency, funded, improved, insufficient, intense, July, leveraged, majeure, Midwestern, modified, nominal, occupying, opening, prepaid, profitable, reclassified, rent, representing, retrospective, store, susceptible, unprofitable, unsold, unusual
Financial reports
10-K
2020 FY
Annual report
22 Feb 21
10-Q
2020 Q3
Quarterly report
5 Nov 20
10-Q
2020 Q2
Quarterly report
7 Aug 20
10-Q
2020 Q1
Quarterly report
8 May 20
10-K
2019 FY
Annual report
18 Feb 20
10-Q
2019 Q3
Quarterly report
5 Nov 19
10-Q
2019 Q2
Quarterly report
5 Aug 19
10-Q
2019 Q1
Quarterly report
6 May 19
10-K/A
2018 FY
Annual report (amended)
21 Feb 19
10-K
2018 FY
Annual report
21 Feb 19
Current reports
8-K
SkyWest, Inc. Announces Fourth Quarter and Annual 2020 Results
4 Feb 21
8-K
Entry into a Material Definitive Agreement
15 Jan 21
8-K
SkyWest, Inc. Appoints Smita Conjeevaram to Board of Directors
11 Jan 21
8-K
Entry into a Material Definitive Agreement
29 Oct 20
8-K
SkyWest, Inc. Announces Third Quarter 2020 Profit
29 Oct 20
8-K
Departure of Directors or Certain Officers
26 Oct 20
8-K
Entry into a Material Definitive Agreement
29 Sep 20
8-K
SkyWest, Inc. Announces Second Quarter 2020 Results
30 Jul 20
8-K
Submission of Matters to a Vote of Security Holders
7 May 20
8-K
SkyWest, Inc. Announces First Quarter 2020 Profit
7 May 20
Registration and prospectus
S-3ASR
Automatic shelf registration
30 Mar 21
S-3ASR
Automatic shelf registration
12 Aug 20
S-8 POS
Registration of securities for employees (post-effective amendment)
17 May 19
S-8 POS
Registration of securities for employees (post-effective amendment)
17 May 19
S-8
Registration of securities for employees
10 May 19
S-8
Registration of securities for employees
23 Nov 14
S-8
Registration of securities for employees
6 Jan 11
S-8
Registration of securities for employees
16 Aug 09
SC TO-C
Information about tender offer
24 Apr 08
S-8
Registration of securities for employees
21 Jun 06
Proxies
DEFA14A
Additional proxy soliciting materials
18 Mar 21
DEF 14A
Definitive proxy
18 Mar 21
DEFA14A
Additional proxy soliciting materials
22 Apr 20
DEFA14A
Additional proxy soliciting materials
22 Apr 20
DEFA14A
Additional proxy soliciting materials
13 Mar 20
DEF 14A
Definitive proxy
13 Mar 20
DEFA14A
Additional proxy soliciting materials
22 Mar 19
DEF 14A
Definitive proxy
22 Mar 19
DEF 14A
Definitive proxy
21 Mar 18
DEFA14A
Additional proxy soliciting materials
21 Mar 18
Other
UPLOAD
Letter from SEC
30 Jan 19
UPLOAD
Letter from SEC
27 Jan 16
CORRESP
Correspondence with SEC
11 Jan 16
UPLOAD
Letter from SEC
28 Dec 15
CT ORDER
Confidential treatment order
2 Apr 15
UPLOAD
Letter from SEC
28 May 14
CORRESP
Correspondence with SEC
19 May 14
UPLOAD
Letter from SEC
12 May 14
CT ORDER
Confidential treatment order
19 Nov 13
CT ORDER
Confidential treatment order
7 Jul 13
Ownership
4
SKYWEST / Russell A Childs ownership change
16 Mar 21
4
SKYWEST / Russell A Childs ownership change
10 Mar 21
5
SKYWEST / Russell A Childs ownership change
5 Mar 21
5/A
SKYWEST / Russell A Childs ownership change
5 Mar 21
4
SKYWEST / HENRY J EYRING ownership change
25 Feb 21
4
SKYWEST / Eric Woodward ownership change
25 Feb 21
4
SKYWEST / JAMES L WELCH ownership change
24 Feb 21
4
SKYWEST / JAMES L WELCH ownership change
16 Feb 21
4
SKYWEST / STEVEN F UDVAR-HAZY ownership change
16 Feb 21
4
SKYWEST / KEITH SMITH ownership change
16 Feb 21
Transcripts
2020 Q4
Earnings call transcript
6 Feb 21
2020 Q3
Earnings call transcript
29 Oct 20
2020 Q2
Earnings call transcript
1 Aug 20
2020 Q1
Earnings call transcript
10 May 20
2019 Q4
Earnings call transcript
30 Jan 20
2019 Q3
Earnings call transcript
30 Oct 19
2019 Q2
Earnings call transcript
1 Aug 19
2019 Q1
Earnings call transcript
25 Apr 19
2018 Q4
Earnings call transcript
31 Jan 19
2018 Q3
Earnings call transcript
30 Oct 18
Reddit threads
r/Stocks Daily Discussion & Options Trading Thursday - Apr 08, 2021
8 Apr 21
Anyone realize they effed up buying too many stocks and now don't know what dips to buy lol?
3 Mar 21
Daily Discussion Thread - February 4th, 2021
4 Feb 21
2021 Dividend Suspension List
5 Jan 21
Daily Discussion Thread - October 29th, 2020
29 Oct 20
Daily Discussion Thread - October 28th, 2020
28 Oct 20