SKYW Skywest margins

Relative Growth: Rel. Growth:

Relative Strength: Rel. Strength:

Relative Valuation: Rel. Valuation:

Relative Profitability: Rel. Profitability: 67

Gross margin

69.8%

Operating margin

13.9%

EBITDA margin

23.4%

Net margin

9.7%

For this period, Skywest reports a gross margin of 69.8%, an operating margin of 13.9%, an EBITDA margin of 23.4%, and a net margin of 9.7%. Each available margin declined from the same period last year. EBITDA margin recorded the strongest contraction, decreasing by 3.4 percentage points.

SKYW margin history

Gross, operating, EBITDA and net margin trends

Skywest's margins averaged 72.35% gross, 12.35% operating, 24.33% EBITDA, and 8.24% net during the last 3 years. Against the three-year averages, operating and net margins are above their three-year averages and gross and EBITDA margins are below their three-year averages.

SKYW margin expansion

Year-over-year margin changes in percentage points

EBITDA margin led the decline, falling by 3.4 percentage points, while the other available margins also decreased.

Gross margin expansion

-2.1pp

Operating margin expansion

-1.9pp

EBITDA margin expansion

-3.4pp

Net margin expansion

-1.2pp

SKYW Gross margin

Looking back over the last 3 years, Skywest recorded an average gross margin of 72.35%. Right now, Skywest's current gross margin is 69.8%, which is 2.6 percentage points below its three-year average. The highest gross margin for Skywest was 74.9% in Dec 2024, while the lowest was 69.8% in Sep 2026.

SKYW Operating margin

Throughout the last 3 years, Skywest had an average operating margin of 12.35%. Against its three-year average, Skywest's operating margin is currently 13.9%, 1.6 percentage points above its three-year average. Looking back over the last 3 years, Skywest's operating margin reached 15.8% at its highest point in Sep 2025 and 3.5% at its lowest in Dec 2023.

SKYW EBITDA margin

Over the last 3 years, Skywest's EBITDA margin averaged 24.33%. As of the latest period, Skywest's current EBITDA margin is 23.4%, which is 0.9 percentage points below its three-year average. During this period, EBITDA margin reached a high of 26.8% in Sep 2025 and a low of 18.9% in Dec 2023.

SKYW Net margin

Over the last 3 years, Skywest's net margin averaged 8.24%. The current net margin of 9.7% is 1.5 percentage points above its three-year average. During this period, net margin reached a high of 10.9% in Sep 2025 and a low of 1.2% in Dec 2023.

SKYW margin group comparison

Margins compared with peer-group, industry and sector averages

Skywest's gross margin of 69.8% is higher than the Industrials sector, the industry and its peers average. Looking at the Industrials sector average of 32.5%, Skywest's gross margin is 115% higher.

SKYW margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Skywest's gross margin?

The current gross margin for SKYW is 69.8% as of Sep 30, 2026.

What is Skywest's operating margin?

The current operating margin for SKYW is 13.9% as of Sep 30, 2026.

What is Skywest's EBITDA margin?

The current EBITDA margin for SKYW is 23.4% as of Sep 30, 2026.

What is Skywest's net margin?

The current net margin for SKYW is 9.7% as of Sep 30, 2026.

What are the average margins of SKYW?

Over the last 3 years, Skywest's margins averaged 72.4% gross, 12.4% operating, 24.3% EBITDA, and 8.2% net.

What are the highest historical margins of SKYW?

Skywest's highest recorded margins during the past 5 years were 74.9% gross in Dec 2024, 15.8% operating in Sep 2025, 26.8% EBITDA in Sep 2025, and 10.9% net in Sep 2025.

What are the lowest historical margins of SKYW?

Over this 5-year history, Skywest's margins fell as low as 59.7% gross in Dec 2021, 1.4% operating in Sep 2023, 16.9% EBITDA in Sep 2023, and -1.1% net in Sep 2023.