Sky Harbour Group Corporation (SKYH) Financial Ratios
7 years of historical data (2019–2025) · Industrials · Aerospace & Defense
EV/EBITDA
50.41
↓-41% vs avg
5yr avg: 85.72
30Y Low85.7·High85.7
P/FCF
N/A
—
5yr avg: N/A
P/B Ratio
↑
4.50
↑+132% vs avg
5yr avg: 1.94
30Y Low0.4·High4.1
ROE
↑
11.3%
↓+209% vs avg
5yr avg: -10.4%
30Y Low-31%·High11%
Debt/EBITDA
N/A
—
5yr avg: N/A
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
SKYH Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Sky Harbour Group Corporation trades at 110.7x earnings, 11% above its 5-year average of 99.7x, sitting at the 100th percentile of its historical range. Compared to the Industrials sector median P/E of 25.5x, the stock trades at a premium of 333%.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Market Cap | $419M | $698M | $307M | $159M | $37M | $152M | $172M | — |
| Enterprise Value | $398M | $677M | $588M | $340M | $251M | $367M | $228M | — |
| P/E Ratio → | 110.67 | 99.67 | — | — | — | — | — | — |
| P/S Ratio | 15.21 | 25.33 | 20.80 | 20.99 | 20.13 | 96.43 | 250.91 | — |
| P/B Ratio | 4.50 | 4.06 | 1.92 | 1.20 | 0.38 | 2.14 | 1.47 | — |
| P/FCF | — | — | — | — | — | — | — | — |
| P/OCF | — | — | — | — | — | — | — | — |
P/E links to full P/E history page with 30-year chart
SKYH EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Sky Harbour Group Corporation's enterprise value stands at 50.4x EBITDA, 41% below its 5-year average of 85.7x. The Industrials sector median is 13.8x, placing the stock at a 266% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 24.58 | 39.81 | 44.87 | 135.89 | 232.79 | 333.13 | — |
| EV / EBITDA | 50.41 | 85.72 | — | — | — | — | — | — |
| EV / EBIT | 248.32 | — | — | — | — | — | — | — |
| EV / FCF | — | — | — | — | — | — | — | — |
SKYH Profitability
Margins and return-on-capital ratios measuring operating efficiency
Sky Harbour Group Corporation earns an operating margin of 5.8%, roughly in line with the Industrials sector average. Operating margins have expanded from -224.3% to 5.8% over the past 3 years, signaling improving operational efficiency. ROE of 11.3% is modest. ROIC of 0.4% represents below-average returns on invested capital versus a sector median of 6.3%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 37.3% | 37.3% | 38.2% | 5.4% | -211.2% | -219.5% | -183.2% | — |
| Operating Margin | 5.8% | 5.8% | -138.3% | -224.3% | -1008.7% | -773.1% | -305.3% | — |
| Net Profit Margin | 68.3% | 68.3% | -306.4% | -213.6% | -172.6% | -862.5% | -369.9% | — |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| ROE | 11.3% | 11.3% | -31.0% | -14.0% | -3.8% | -14.5% | -4.5% | — |
| ROA | 3.3% | 3.3% | -9.4% | -4.4% | -1.0% | -6.1% | -3.0% | -6.9% |
| ROIC | 0.4% | 0.4% | -4.1% | -4.1% | -4.7% | -4.0% | -1.6% | -4.8% |
| ROCE | 0.3% | 0.3% | -4.5% | -4.9% | -6.1% | -5.7% | -2.6% | -6.1% |
SKYH Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
The company holds a net cash position — cash of $21M exceeds total debt of $0, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns. Interest coverage of just 1.2x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Debt / Equity | — | — | 2.02 | 1.82 | 2.19 | 3.13 | 0.49 | — |
| Debt / EBITDA | — | — | — | — | — | — | — | — |
| Net Debt / Equity | — | -0.12 | 1.76 | 1.37 | 2.17 | 3.03 | 0.48 | — |
| Net Debt / EBITDA | -2.62 | -2.62 | — | — | — | — | — | — |
| Debt / FCF | — | — | — | — | — | — | — | — |
| Interest Coverage | 1.18 | 1.18 | -28.55 | -31.41 | — | -10.52 | -5.29 | -7.85 |
Net cash position: cash ($21M) exceeds total debt ($0)
SKYH Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
The current ratio has declined from 8.73x to 5.63x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Current Ratio | — | — | 5.63 | 8.73 | 4.99 | 18.65 | 28.54 | 0.36 |
| Quick Ratio | — | — | 5.63 | 8.73 | 4.99 | 18.65 | 28.54 | 0.36 |
| Cash Ratio | — | — | 1.88 | 3.83 | 1.91 | 0.62 | 0.23 | 0.36 |
| Asset Turnover | — | 0.05 | 0.03 | 0.02 | 0.01 | 0.01 | 0.00 | — |
| Inventory Turnover | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | 187.59 | 213.25 | 17.68 | 16.42 | 23.82 | — | — |
SKYH Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Sky Harbour Group Corporation does not currently pay a dividend and has no material buyback yield, reinvesting earnings back into the business. The earnings yield of 0.9% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 0.9% | 1.0% | — | — | — | — | — | — |
| FCF Yield | — | — | — | — | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Shares Outstanding | — | $78M | $26M | $16M | $14M | $15M | $17M | $14M |
Peer Comparison
Compare SKYH with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 SKYHYou | $419M | 110.7 | 50.4 | — | 37.3% | 5.8% | 11.3% | 0.4% | — |
 FLYW | $2B | 161.2 | 47.8 | 21.4 | 61.4% | 1.8% | 1.6% | 2.1% | — |
 RAMP | $2B | -2491.7 | 67.5 | 12.3 | 71.0% | 0.7% | -0.1% | 0.7% | 1.6 |
 FTAI | $28B | 59.2 | 31.2 | — | 31.1% | 30.7% | 241.2% | 16.8% | 3.5 |
 AVAV | $8B | 108.5 | 103.0 | — | 39.4% | 5.0% | 5.1% | 3.6% | 0.8 |
 VICI | $31B | 11.0 | 8.3 | 12.3 | 99.2% | 91.1% | 10.1% | 7.6% | — |
 SAFE | $1B | 9.7 | 17.6 | 23.2 | 94.3% | 79.8% | 4.8% | 3.4% | 14.2 |
 ILPT | $527M | -7.9 | 14.6 | 8.7 | 12.6% | 33.0% | -6.9% | 2.2% | 13.5 |
 GMRE | $94M | 115.3 | 8.3 | — | 78.9% | 23.6% | 1.1% | 2.0% | 7.4 |
 TXT | $16B | 17.9 | 11.0 | 18.0 | 16.9% | 8.4% | 12.2% | 9.4% | 2.6 |
 GD | $94B | 22.5 | 16.8 | 23.7 | 15.1% | 10.2% | 17.7% | 12.5% | 1.6 |
| Industrials Median | — | 25.5 | 13.8 | 20.7 | 32.7% | 4.9% | 8.2% | 6.3% | 3.2 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Includes 30+ ratios · 7 years · Updated daily
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Start ComparisonSKYH — Frequently Asked Questions
Quick answers to the most common questions about buying SKYH stock.
What is Sky Harbour Group Corporation's P/E ratio?
Sky Harbour Group Corporation's current P/E ratio is 110.7x. The historical average is 99.7x. This places it at the 100th percentile of its historical range.
What is Sky Harbour Group Corporation's EV/EBITDA?
Sky Harbour Group Corporation's current EV/EBITDA is 50.4x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 85.7x.
What is Sky Harbour Group Corporation's ROE?
Sky Harbour Group Corporation's return on equity (ROE) is 11.3%. The historical average is -9.4%.
Is SKYH stock overvalued?
Based on historical data, Sky Harbour Group Corporation is trading at a P/E of 110.7x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What are Sky Harbour Group Corporation's profit margins?
Sky Harbour Group Corporation has 37.3% gross margin and 5.8% operating margin.