SKYW currently has a PEG ratio reading of 0.49 as of Jul 13, 2026. This value reflects a P/E ratio of 9.15 measured against EPS growth of 18.8%. When benchmarked against the trailing four-quarter average of 0.24, SKYW's PEG ratio shows a 106% increase.
A ten years lookback shows an average PEG ratio of 1.19 for Skywest. Compared to historical data, SKYW's 0.49 PEG ratio represents a decrease of 59%. SKYW reached its maximum PEG ratio of 20.95 during the Jun 2022 quarter over the past ten years. The Mar 2022 quarter had the bottom reading at 0, indicating the most optimal growth-adjusted valuation.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 0.29 | 9.45 | 32.4% |
| 2024 | 0.01 | 12.49 | 928.2% |
| 2023 | N/A | 66.92 | -45.8% |
| 2022 | N/A | 11.47 | -35.1% |
| 2021 | 0.01 | 17.7 | 1,405.9% |
| 2020 | N/A | N/A | -102.5% |
| 2019 | 0.41 | 9.68 | 23.7% |
| 2018 | N/A | 8.24 | -34.8% |
| 2017 | 0.02 | 6.41 | 363.7% |
| 2016 | N/A | N/A | -235.9% |
| 2015 | 0.01 | 8.23 | 591.5% |
| 2014 | N/A | N/A | -141.2% |
| 2013 | 0.93 | 13.01 | 14% |
| 2012 | 0.04 | 12.46 | 292.3% |
| 2011 | N/A | N/A | -130.1% |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Mar 2026 | 0.46 | 8.59 | 18.8% |
| Dec 2025 | 0.29 | 9.45 | 32.4% |
| Sep 2025 | 0.12 | 9.35 | 78.7% |
| Jun 2025 | 0.08 | 10.2 | 132.2% |
| Mar 2025 | 0.04 | 9.71 | 219.1% |
| Dec 2024 | 0.01 | 12.49 | 928.2% |
| Sep 2024 | 0.01 | 14.12 | 1,354.2% |
| Jun 2024 | 0 | 18.87 | 5,537.5% |
| Mar 2024 | 0.07 | 24.5 | 340.6% |
| Dec 2023 | N/A | 66.92 | -45.8% |
| Sep 2023 | N/A | N/A | -119.5% |
| Jun 2023 | N/A | N/A | -104.7% |
| Mar 2023 | N/A | 34.64 | -65.4% |
| Dec 2022 | N/A | 11.47 | -35.1% |
| Sep 2022 | 0.06 | 6.61 | 105% |
When comparing to historical data, SKYW's PEG ratio is above its 3-year average, yet it comes in under the 5 and 10-year averages.
Skywest's PEG of 0.49 is above the industry average but below the Industrials sector average. In comparison with its Industrials sector average of 1.13, Skywest's PEG is 57% lower.
Among its peers, SKYW has a PEG ratio below stocks DAL and UAL, while higher than LUV's.
| Stock name | PEG ratio | Market cap |
|---|---|---|
| LUV Southwest Airlines Co | 0.42 | $23.42B |
| SKYW Skywest Inc | 0.49 | $3.88B |
| UAL United Airlines Holdings Inc | 6.69 | $39.32B |
| ALK Alaska Air Group Inc | N/A | $5.21B |
| DAL Delta Air Lines Inc | N/A | $56.68B |
| JBLU Jetblue Airways Corp | N/A | $2.08B |
| ALGT Allegiant Travel CO | N/A | $1.97B |
| AAL American Airlines Group Inc | N/A | $10.79B |
According to Jul 13, 2026 data, SKYW's PEG ratio sits at 0.49.
SKYW's 3-year PEG ratio average comes in at 0.12.
SKYW's 5-year PEG ratio average comes in at 1.7.
SKYW's PEG ratio peaked at 20.95 during the Jun 2022 quarter - the highest in ten years.
Currently, SKYW's PEG ratio is 59% lower than its 10-year historical average.
Rapid earnings expansion combined with a reasonable valuation yields SKYW a PEG ratio of 0.49.
To calculate the PEG ratio, take the company's PE ratio and divide by its EPS growth rate (YoY TTM). As of Jul 13, 2026, Skywest carries a P/E ratio of 9.15. Earnings grew at 18.8% over the TTM period ending Mar 2026. Applying the formula, this yields a price to earnings growth ratio of 0.49. PEG RATIO(0.49) = PE RATIO(9.15) / EPS GROWTH(18.8%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.