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
Jerry Atkin
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
SkyWest Airlines, Inc. • SkyWest Leasing, Inc. ...
IRS number
870292166
SKYW stock data
Analyst ratings and price targets
Calendar
5 May 22
26 Jun 22
31 Dec 22
Financial summary
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Diluted EPS |
Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 246M | 246M | 246M | 246M | 246M | 246M |
Cash burn (monthly) | 4.14M | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 11.9M | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 234.1M | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 56.5 | n/a | n/a | n/a | n/a | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
11 Mar 22 | Atkin Jerry C | Common Stock | Buy | Acquire P | Yes | No | 25.33 | 55,000 | 1.39M | 270,903 |
11 Mar 22 | Atkin Jerry C | Common Stock | Buy | Acquire P | No | No | 25.33 | 55,000 | 1.39M | 311,184 |
11 Mar 22 | Atkin Jerry C | Common Stock | Buy | Acquire P | Yes | No | 25.33 | 71,821 | 1.82M | 287,724 |
11 Mar 22 | Atkin Jerry C | Common Stock | Buy | Acquire P | No | No | 25.33 | 71,821 | 1.82M | 328,005 |
10 Feb 22 | Ronald J Mittelstaedt | Common Stock | Grant | Acquire A | No | No | 0 | 3,053 | 0 | 28,289 |
10 Feb 22 | Keith Smith | Common Stock | Grant | Acquire A | No | No | 0 | 3,053 | 0 | 28,289 |
10 Feb 22 | Meredith R. Siegfried | Common Stock | Grant | Acquire A | No | No | 0 | 3,053 | 0 | 20,838 |
Institutional ownership, Q1 2022
84.7% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 212 |
Opened positions | 36 |
Closed positions | 46 |
Increased positions | 85 |
Reduced positions | 66 |
13F shares | Current |
---|---|
Total value | 1.23B |
Total shares | 42.78M |
Total puts | 196.6K |
Total calls | 192.2K |
Total put/call ratio | 1.0 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 8.05M | $232.27M |
Vanguard | 5.64M | $162.72M |
Dimensional Fund Advisors | 3.38M | $97.39M |
GROW U.S. Global Investors | 3.34M | $96.32M |
Alliancebernstein | 3.34M | $96.3M |
STT State Street | 2.44M | $70.47M |
BK Bank Of New York Mellon | 1.59M | $45.8M |
Geode Capital Management | 924.61K | $26.68M |
LSV Asset Management | 596.34K | $17.2M |
NTRS Northern Trust | 543.19K | $15.67M |
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 increase in “Capacity purchase agreements revenue: flight operations” of $201.4 million was primarily due to an increase in scheduled flights we operated under our contracts with our major airline partners as a result of the ongoing COVID-19 demand recovery. Our completed departures increased 28.1% and completed block hours increased 35.6% for the year ended December 31, 2021, compared to year ended December 31, 2020.
- The increase in “Capacity purchase agreements revenue: aircraft lease and fixed revenue” of $212.1 million was primarily due to recognizing previously deferred revenue and unbilled revenue during the year ended December 31, 2021, compared to the year ended December 31, 2020, combined with aircraft lease and fixed rate revenue generated from 18 E175 aircraft added to our fleet since December 31, 2020. Under our capacity purchase agreements, we are paid a fixed amount per month per aircraft over the contract term. We recognize the fixed amount per aircraft as revenue
Content analysis
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H.S. junior Avg
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New words:
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Removed:
aggregate, Aid, April, assistance, ASU, bank, borrow, Caribbean, collateral, comply, continuation, continued, deadline, declared, Department, depend, discretion, disproportionately, disruption, entry, exclusively, ExpressJet, extend, fourth, funding, high, involuntary, June, loan, magnitude, negative, negatively, Organization, overnight, parted, pay, receipt, reducing, released, relevant, repayment, repurchase, repurchased, repurchasing, requested, requirement, Rescue, schedule, September, significantly, size, stockholder, terminated, Topic, trade, unsecured, volume, world
Financial reports
Current reports
8-K
Submission of Matters to a Vote of Security Holders
4 May 22
8-K
Results of Operations and Financial Condition
28 Apr 22
8-K
Results of Operations and Financial Condition
3 Feb 22
8-K
Results of Operations and Financial Condition
28 Oct 21
8-K
Results of Operations and Financial Condition
29 Jul 21
8-K
Termination of a Material Definitive Agreement
10 May 21
8-K
Submission of Matters to a Vote of Security Holders
7 May 21
8-K
SkyWest, Inc. Announces First Quarter 2021 Profit
29 Apr 21
8-K
SkyWest to Receive $250 million
23 Apr 21
8-K
SkyWest, Inc. Announces Fourth Quarter and Annual 2020 Results
4 Feb 21
Registration and prospectus
S-3ASR
Automatic shelf registration
30 Jun 21
S-3ASR
Automatic shelf registration
30 Mar 21
POSASR
Automatic shelf registration (post-effective amendment)
12 Nov 20
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
Proxies
DEFA14A
Additional proxy soliciting materials
24 Mar 22
DEFA14A
Additional proxy soliciting materials
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
DEFA14A
Additional proxy soliciting materials
22 Mar 19
DEF 14A
Definitive proxy
22 Mar 19
Other
UPLOAD
Letter from SEC
30 Jan 19
CORRESP
Correspondence with SEC
16 Dec 18
UPLOAD
Letter from SEC
3 Dec 18
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
Ownership
11-K
Annual report of employee stock purchases
10 Jun 22
4/A
SKYWEST / JERRY C ATKIN ownership change
21 Mar 22
4
SKYWEST / JERRY C ATKIN ownership change
15 Mar 22
5
SKYWEST / Russell A Childs ownership change
14 Feb 22
5
SKYWEST / Eric Woodward ownership change
14 Feb 22
4
SKYWEST / JAMES L WELCH ownership change
14 Feb 22
4
SKYWEST / STEVEN F UDVAR-HAZY ownership change
14 Feb 22
4
SKYWEST / KEITH SMITH ownership change
14 Feb 22
4
SKYWEST / Andrew C Roberts ownership change
14 Feb 22
4
SKYWEST / RONALD J MITTELSTAEDT ownership change
14 Feb 22
Transcripts
2022 Q1
Earnings call transcript
29 Apr 22
2021 Q4
Earnings call transcript
4 Feb 22
2021 Q3
Earnings call transcript
29 Oct 21
2021 Q2
Earnings call transcript
30 Jul 21
2021 Q1
Earnings call transcript
2 May 21
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
Reddit threads
Daily Discussion Thread - April 28th, 2022
28 Apr 22
Daily Discussion Thread - April 27th, 2022
27 Apr 22
Daily Discussion Thread - April 26th, 2022
26 Apr 22
Daily Discussion Thread - April 25th, 2022
25 Apr 22
2 More Small/Micro Caps. Next please.
8 Apr 22
Humanigen, Inc. (HGEN) and what does CSO know.
20 Mar 22
Daily Discussion Thread - February 3rd, 2022
3 Feb 22
Daily Discussion Thread - February 2nd, 2022
2 Feb 22
Daily Discussion Thread - February 1st, 2022
1 Feb 22
Daily Discussion Thread - January 31st, 2022
31 Jan 22