SKYW currently has a PEG ratio reading of 6.52 as of Jul 31, 2026. This value reflects a P/E ratio of 10.43 measured against EPS growth of 1.6%. When benchmarked against the trailing four-quarter average of 1.73, SKYW's PEG ratio shows a 277% increase.
A ten years lookback shows an average PEG ratio of 1.43 for Skywest. Compared to historical data, SKYW's 6.52 PEG ratio represents an increase of 356%. 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 |
|---|---|---|---|
| Jun 2026 | 6.05 | 9.68 | 1.6% |
| 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% |
When comparing to historical data, SKYW's PEG ratio is above its 3, 5 and 10-year averages.
Skywest's PEG of 6.52 is above the Industrials sector and the industry average. In comparison with its Industrials sector average of 1.1, Skywest's PEG is 493% higher.
SKYW has a PEG ratio above that of peer stocks UAL and LUV.
| Stock name | PEG ratio | Market cap |
|---|---|---|
| LUV Southwest Airlines Company | 0.21 | $22.82B |
| UAL United Airlines Holdings Inc | 1.77 | $41.43B |
| SKYW Skywest Inc | 6.74 | $4.3B |
| ALK Alaska Air Group Inc | N/A | $5.6B |
| DAL Delta Air Lines Inc | N/A | $59.78B |
| JBLU Jetblue Airways Corp | N/A | $2.34B |
| ALGT Allegiant Travel | N/A | $1.92B |
| AAL American Airlines Group Inc | N/A | $10.68B |
According to Jul 31, 2026 data, SKYW's PEG ratio sits at 6.52.
SKYW's 3-year PEG ratio average comes in at 0.71.
SKYW's 5-year PEG ratio average comes in at 2.01.
SKYW's PEG ratio peaked at 20.95 during the Jun 2022 quarter - the highest in ten years.
Currently, SKYW's PEG ratio is 356% higher than its 10-year historical average.
Slow earnings growth combined with a high valuation pushes SKYW's PEG ratio to 6.52.
To calculate the PEG ratio, take the company's PE ratio and divide by its EPS growth rate (YoY TTM). As of Jul 31, 2026, Skywest carries a P/E ratio of 10.43. Earnings grew at 1.6% over the TTM period ending Jun 2026. Applying the formula, this yields a price to earnings growth ratio of 6.52. PEG RATIO(6.52) = PE RATIO(10.43) / EPS GROWTH(1.6%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.