SKYW Skywest PE ratio, current and historical analysis
- Stocks
- Industrials
- NASDAQ: SKYW
- PE Ratio
As at Nov 5, 2025, the SKYW stock has a PE ratio of 9.18. This is based on the current EPS of $10.76 and the stock price of $98.73 per share. A decrease of 12% has been recorded in the P/E ratio compared to the average of 10.4 of the last 4 quarters.
SKYW PE ratio history
The mean historical PE ratio of Skywest over the last ten years is 14.48. The current 9.18 PE ratio is 37% below the historical average. In the past ten years, SKYW's PE ratio was at its highest in the Dec 2023 quarter at 66.92, with a price of $52.2 and an EPS of $0.78. The Mar 2020 quarter recorded the bottom point at 4.71, with a price of $26.19 and an EPS of $5.56.
Skywest PE ratio by year
Maximum annual increase: 483.44% in 2023
Maximum annual decrease: -81.34% in 2024
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 12.49 | -81.34% | $100.13 | $8.02 |
| 2023 | 66.92 | 483.44% | $52.2 | $0.78 |
| 2022 | 11.47 | -35.2% | $16.51 | $1.44 |
| 2021 | 17.7 | N/A | $39.3 | $2.22 |
| 2020 | N/A | N/A | $40.31 | -$0.17 |
| 2019 | 9.68 | 17.48% | $64.63 | $6.68 |
| 2018 | 8.24 | 28.55% | $44.47 | $5.4 |
| 2017 | 6.41 | N/A | $53.1 | $8.28 |
| 2016 | N/A | N/A | $36.45 | -$3.14 |
| 2015 | 8.23 | N/A | $19.02 | $2.31 |
| 2014 | N/A | N/A | $13.28 | -$0.47 |
| 2013 | 13.01 | 4.41% | $14.83 | $1.14 |
| 2012 | 12.46 | N/A | $12.46 | $1 |
| 2011 | N/A | N/A | $12.59 | -$0.52 |
| 2010 | 9.03 | -19.95% | $15.62 | $1.73 |
Skywest PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Sep 2025 | 9.35 | -8.33% | $100.62 | $10.76 |
| Jun 2025 | 10.2 | 5.05% | $102.97 | $10.1 |
| Mar 2025 | 9.71 | -22.26% | $87.37 | $9 |
| Dec 2024 | 12.49 | -11.54% | $100.13 | $8.02 |
| Sep 2024 | 14.12 | -25.17% | $85.02 | $6.02 |
| Jun 2024 | 18.87 | -22.98% | $82.07 | $4.35 |
| Mar 2024 | 24.5 | -63.39% | $69.08 | $2.82 |
| Dec 2023 | 66.92 | N/A | $52.2 | $0.78 |
| Sep 2023 | N/A | N/A | $41.94 | -$0.48 |
| Jun 2023 | N/A | N/A | $40.72 | -$0.08 |
| Mar 2023 | 34.64 | 202.01% | $22.17 | $0.64 |
| Dec 2022 | 11.47 | 73.52% | $16.51 | $1.44 |
| Sep 2022 | 6.61 | -47.41% | $16.26 | $2.46 |
| Jun 2022 | 12.57 | -19.37% | $21.25 | $1.69 |
| Mar 2022 | 15.59 | -11.92% | $28.85 | $1.85 |
SKYW Price vs fair value
SKYW average PE ratio chart
SKYW's current P/E ratio is lower than the 3, 5 and 10-year averages.
PE comparison
Skywest's P/E of 9.18 is below the Industrials sector, the industry and its peers average. Compared to its Industrials sector average of 25.78, Skywest's P/E is 64% lower.
SKYW PE vs peers
Compared to its peers UAL and LUV, SKYW's PE ratio stands lower, however it is higher than DAL's. Skywest is presently trading at a lower PE ratio (9.18) than its peer group average of 19.08.
| Stock name | PE ratio | Market cap |
|---|---|---|
| DAL Delta Air Lines Inc | 8.12 | $37.85B |
| SKYW Skywest Inc | 9.03 | $3.9B |
| UAL United Airlines Holdings Inc | 9.45 | $30.93B |
| AAL American Airlines Group Inc | 14.4 | $8.75B |
| ALK Alaska Air Group Inc | 16.3 | $4.75B |
| LUV Southwest Airlines Co | 46.35 | $16.3B |
| JBLU Jetblue Airways Corp | N/A | $1.55B |
| ALGT Allegiant Travel CO | N/A | $1.26B |
Frequently asked questions
What is Skywest's PE ratio?
As of Nov 5, 2025, SKYW stock has a price to earnings ratio of 9.18.
What is the 3-year average PE ratio for Skywest (SKYW)?
The 3-year average PE ratio for SKYW stock is 21.23.
What is the 5-year average PE ratio for Skywest (SKYW)?
The 5-year average PE ratio for SKYW stock is 20.72.
What is the highest PE ratio for SKYW?
Over the last ten years, the quarterly PE ratio reached a historic high of 66.92 in the Dec 2023 quarter.
How does the current PE ratio for SKYW compare to its historical average?
SKYW's current price to earnings ratio is 37% below its 10-year historical average.
Why is Skywest's PE ratio so low?
A company with a lower PE ratio may indicate that the market has lower growth expectations for the company's future earnings.
How is SKYW's PE ratio calculated (Skywest PE ratio formula)?
The PE ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Nov 5, 2025), Skywest's stock price is $98.73. The earnings per share for the trailing twelve months (TTM) ending Sep 2025 is $10.76. Therefore, Skywest's P/E ratio for today is 9.18. PE RATIO(9.18) = STOCK PRICE($98.73) / TTM EPS($10.76)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.