SkyWest, Inc. (SKYW) quarterly balance sheet — complete assets, liabilities & equity history
SkyWest, Inc. (SKYW) balance sheet — 30-year assets, liabilities & shareholders' equity history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Total Current Assets | 1.02B | 1.01B | 1.09B | 1.1B | 1.06B | 1.07B | 1.12B | 1.13B | 1.12B | 1.07B | 1.13B | 1.16B | 1.18B | 1.25B | 1.37B | 1.26B | 1.22B | 1.07B | 1.07B | 1.1B |
| Cash & Short-Term Investments | 600.98M | 627.25M | 706.91M | 753.36M | 727.02M | 750.88M | 801.63M | 836.04M | 834.27M | 821.16M | 835.22M | 819.5M | 862.35M | 935.86M | 1.05B | 1B | 974.68M | 856.45M | 860.41M | 912.5M |
| Cash Only | 81.41M | 0 | 0 | 44.53M | 48.33M | 178.97M | 227.36M | 177.61M | 141.76M | 179.98M | 148.28M | 125.33M | 114.43M | 74.52M | 102.98M | 38.85M | 96.07M | 246M | 258.42M | 271.83M |
| Short-Term Investments | 519.57M | 627.25M | 706.91M | 708.83M | 678.69M | 571.91M | 574.27M | 658.43M | 692.51M | 641.18M | 686.95M | 694.17M | 747.92M | 861.34M | 944.23M | 965.35M | 878.61M | 610.45M | 601.99M | 640.67M |
| Accounts Receivable | 189.02M | 172.8M | 159.8M | 146.52M | 151.67M | 138.26M | 122.78M | 111.2M | 103.87M | 86.98M | 84.05M | 122.24M | 111.91M | 101.04M | 110.42M | 72.84M | 75.96M | 68.04M | 65.35M | 56.32M |
| Days Sales Outstanding | 14.93 | 14.77 | 13.75 | 13.06 | 12.74 | 12.39 | 11.4 | 10.84 | 10.01 | 9.68 | 12.62 | 14.06 | 13.35 | 13.75 | 12.37 | 8.67 | 8.2 | 8.16 | 7.2 | 6.93 |
| Inventory | 193.68M | 173.63M | 168.55M | 154.96M | 145.74M | 140.17M | 139M | 136.48M | 134.38M | 129.87M | 127.11M | 127.13M | 123.57M | 122.43M | 123.21M | 118.73M | 115.14M | 110.04M | 104.09M | 98.76M |
| Days Inventory Outstanding | -20.88 | 19.24 | 37.19 | 17.33 | 16.81 | 17.25 | 17.46 | 20.57 | 17.81 | 18.4 | 17.69 | 17.69 | 18.06 | 17.54 | 18.01 | 16.55 | 16.37 | 15.76 | 13.93 | 13.72 |
| Other Current Assets | 40.57M | 38.96M | 55.94M | 45.08M | 37.09M | 41.81M | 53.66M | 50.5M | 42.63M | 31.35M | 85.5M | 93.12M | 85.31M | 92.65M | 90.43M | 66.43M | 51.1M | 37.44M | 38.74M | 29.08M |
| Total Non-Current Assets | 6.39B | 6.33B | 6.3B | 6.11B | 6.11B | 6.04B | 6.02B | 5.82B | 5.85B | 5.91B | 5.89B | 5.9B | 5.93B | 5.98B | 6.49B | 6.19B | 6.12B | 6.08B | 6.06B | 5.84B |
| Property, Plant & Equipment | 5.85B | 5.79B | 5.74B | 5.75B | 5.76B | 5.71B | 5.68B | 5.5B | 5.52B | 5.58B | 5.57B | 5.58B | 5.58B | 5.66B | 5.7B | 5.83B | 5.77B | 5.75B | 5.74B | 5.53B |
| Fixed Asset Turnover | 0.19x | 0.18x | 0.18x | 0.18x | 0.18x | 0.17x | 0.17x | 0.17x | 0.16x | 0.14x | 0.13x | 0.14x | 0.13x | 0.12x | 0.12x | 0.14x | 0.14x | 0.13x | 0.14x | 0.13x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 52.5M | 0 | 0 | 0 | 0 | 0 | 0 | 36.6M | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 542.63M | 543.51M | 552.09M | 367.14M | 351.34M | 336.61M | 347.66M | 267.31M | 330.17M | 336.66M | 324.7M | 312.95M | 348.69M | 323.96M | 306.26M | 360.54M | 351.94M | 324.31M | 320.24M | 309.8M |
| Total Assets | 7.41B | 7.35B | 7.39B | 7.21B | 7.17B | 7.11B | 7.14B | 6.96B | 6.96B | 6.98B | 7.03B | 7.06B | 7.12B | 7.23B | 7.86B | 7.45B | 7.34B | 7.15B | 7.13B | 6.94B |
| Asset Turnover | 0.15x | 0.14x | 0.14x | 0.15x | 0.14x | 0.13x | 0.13x | 0.13x | 0.12x | 0.11x | 0.11x | 0.11x | 0.10x | 0.09x | 0.09x | 0.11x | 0.11x | 0.10x | 0.11x | 0.11x |
| Asset Growth % | 3.32% | 3.26% | 3.45% | 3.7% | 3.04% | 1.88% | 1.62% | -1.45% | -2.15% | -3.47% | -10.58% | -5.3% | -3.01% | 1.19% | 10.27% | 7.4% | 4.93% | 3.69% | -1.19% | 2.69% |
| Total Current Liabilities | 1.8B | 1.63B | 1.67B | 1.55B | 1.46B | 1.42B | 1.43B | 1.31B | 1.32B | 1.31B | 1.25B | 1.21B | 1.17B | 1.15B | 1.17B | 1.16B | 1.2B | 1.14B | 1.19B | 1.14B |
| Accounts Payable | 753.22M | 0 | 0 | 580.08M | 556.8M | 576.06M | 527.35M | 460.28M | 479.63M | 480.65M | 470.25M | 486.73M | 457.31M | 452.21M | 422M | 381.4M | 437.84M | 412.76M | 496.33M | 427.9M |
| Days Payables Outstanding | -85.63 | - | - | 65.52 | 66.61 | 68.19 | 62.61 | 71.37 | 64.71 | 68.07 | 66.57 | 66.62 | 66.77 | 62.41 | 59.8 | 57.97 | 61.82 | 66.9 | 63.46 | 50.74 |
| Short-Term Debt | 653.7M | 619.27M | 546.81M | 519.51M | 490.54M | 486.12M | 535.59M | 496.79M | 497.74M | 506.6M | 443.87M | 443.19M | 442.15M | 443.33M | 438.5M | 429.43M | 425M | 410.12M | 391.8M | 359.89M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | -20.47M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 393.52M | 1.01B | 1.12B | 180.59M | 146.9M | 113.69M | 139.88M | 100.8M | 105.12M | 103.29M | 99.88M | 42.28M | 35.92M | 33.47M | 33.55M | 43.63M | 45.3M | 56.6M | 48.15M | 94.5M |
| Current Ratio | 0.57x | 0.62x | 0.65x | 0.71x | 0.73x | 0.76x | 0.78x | 0.86x | 0.84x | 0.81x | 0.90x | 0.96x | 1.01x | 1.09x | 1.17x | 1.09x | 1.02x | 0.94x | 0.89x | 0.96x |
| Quick Ratio | 0.46x | 0.51x | 0.55x | 0.61x | 0.63x | 0.66x | 0.68x | 0.76x | 0.74x | 0.72x | 0.80x | 0.86x | 0.91x | 0.98x | 1.06x | 0.99x | 0.92x | 0.84x | 0.81x | 0.88x |
| Cash Conversion Cycle | 79.68 | - | - | -35.13 | -37.05 | -38.55 | -33.75 | -39.96 | -36.89 | -39.99 | -36.26 | -34.87 | -35.36 | -31.12 | -29.42 | -32.75 | -37.26 | -42.98 | -42.33 | -30.09 |
| Total Non-Current Liabilities | 2.85B | 2.98B | 2.97B | 2.98B | 3.13B | 3.22B | 3.3B | 3.33B | 3.41B | 3.51B | 3.66B | 3.72B | 3.79B | 3.85B | 4.34B | 3.9B | 3.79B | 3.72B | 3.66B | 3.54B |
| Long-Term Debt | 1.64B | 62.13M | 1.85B | 1.87B | 2.01B | 2.07B | 2.14B | 2.2B | 2.28B | 2.39B | 2.56B | 2.63B | 2.74B | 2.86B | 2.94B | 2.98B | 2.86B | 2.79B | 2.72B | 2.61B |
| Capital Lease Obligations | 0 | 0 | 0 | 64.83M | 59.8M | 63.35M | 67.26M | 66.81M | 63.55M | 66.24M | 67.39M | 66.52M | 73.89M | 76.42M | 88.62M | 117.82M | 134.6M | 147.99M | 158.27M | 171.44M |
| Deferred Tax Liabilities | 952.72M | 0 | 0 | 863.76M | 838.04M | 806.04M | 787.97M | 751.98M | 725.43M | 703.6M | 687.6M | 681.58M | 682.69M | 681.55M | 1.13B | 683.83M | 679.79M | 669.03M | 663.24M | 657.07M |
| Other Non-Current Liabilities | 88.95M | 2.92B | 1.13B | 188.8M | 230.11M | 280.2M | 309.48M | 315.59M | 30.57M | 31.08M | 27.72M | 334.95M | 292.15M | 236.11M | 37.42M | 114.68M | 114.33M | 108.66M | 124.88M | 107.37M |
| Total Liabilities | 4.65B | 4.61B | 4.64B | 4.54B | 4.59B | 4.64B | 4.73B | 4.65B | 4.73B | 4.82B | 4.91B | 4.92B | 4.96B | 5B | 5.51B | 5.06B | 4.99B | 4.86B | 4.86B | 4.68B |
| Total Debt | 2.3B | 681.4M | 2.39B | 2.47B | 2.58B | 2.64B | 2.76B | 2.78B | 2.86B | 2.98B | 3.09B | 3.16B | 3.28B | 3.39B | 3.54B | 3.6B | 3.5B | 3.43B | 3.35B | 3.21B |
| Net Debt | 2.22B | 681.4M | 2.39B | 2.43B | 2.53B | 2.46B | 2.53B | 2.6B | 2.72B | 2.8B | 2.94B | 3.04B | 3.16B | 3.32B | 3.44B | 3.56B | 3.4B | 3.18B | 3.09B | 2.94B |
| Debt / Equity | 0.83x | 0.25x | 0.87x | 0.92x | 1.00x | 1.07x | 1.15x | 1.20x | 1.28x | 1.38x | 1.46x | 1.48x | 1.52x | 1.52x | 1.51x | 1.50x | 1.49x | 1.50x | 1.48x | 1.42x |
| Debt / EBITDA | 9.25x | 3.19x | 10.56x | 9.26x | 9.90x | 11.55x | 11.57x | 12.18x | 13.23x | 15.26x | 25.17x | 21.68x | 25.41x | 37.95x | 57.05x | 20.83x | 18.83x | 22.15x | 23.23x | 25.54x |
| Net Debt / EBITDA | 8.92x | 3.19x | 10.56x | 9.10x | 9.71x | 10.77x | 10.61x | 11.40x | 12.58x | 14.34x | 23.97x | 20.82x | 24.52x | 37.11x | 55.39x | 20.60x | 18.31x | 20.56x | 21.44x | 23.38x |
| Interest Coverage | 5.91x | 5.41x | 5.95x | 7.14x | 7.14x | 3.45x | 5.82x | 5.18x | 4.53x | 3.69x | 1.79x | 1.75x | 1.52x | 0.22x | -0.77x | 2.71x | 3.39x | 1.87x | 1.17x | 1.49x |
| Total Equity | 2.76B | 2.73B | 2.75B | 2.68B | 2.58B | 2.47B | 2.41B | 2.31B | 2.23B | 2.16B | 2.11B | 2.14B | 2.16B | 2.23B | 2.35B | 2.4B | 2.35B | 2.29B | 2.27B | 2.26B |
| Equity Growth % | 6.93% | 10.43% | 14.02% | 15.87% | 15.74% | 14.29% | 13.97% | 8.18% | 3.43% | -3.01% | -9.97% | -10.82% | -8.01% | -2.52% | 3.53% | 5.93% | 4.27% | 4.96% | 5.98% | 3.51% |
| Book Value per Share | 68.79 | 67.18 | 66.55 | 64.62 | 62.26 | 59.48 | 57.98 | 55.62 | 53.85 | 52.18 | 50.59 | 50.18 | 48.79 | 45.19 | 46.40 | 47.32 | 46.38 | 45.15 | 44.61 | 44.59 |
| Total Shareholders' Equity | 2.76B | 2.73B | 2.75B | 2.68B | 2.58B | 2.47B | 2.41B | 2.31B | 2.23B | 2.16B | 2.11B | 2.14B | 2.16B | 2.23B | 2.35B | 2.4B | 2.35B | 2.29B | 2.27B | 2.26B |
| Common Stock | 808.08M | 804.23M | 798.47M | 794.22M | 788.28M | 783.05M | 777.09M | 772.32M | 766.13M | 761.32M | 754.36M | 750.13M | 744.28M | 740.03M | 734.43M | 736.41M | 731.21M | 727.9M | 722.31M | 720.93M |
| Retained Earnings | 3.22B | 3.12B | 3.02B | 2.93B | 2.81B | 2.69B | 2.59B | 2.5B | 2.41B | 2.33B | 2.27B | 2.25B | 2.23B | 2.21B | 2.24B | 2.28B | 2.24B | 2.18B | 2.16B | 2.16B |
| Treasury Stock | -1.27B | -1.2B | -1.07B | -1.05B | -1.02B | -1B | -962.65M | -957.99M | -941.53M | -928.08M | -912.4M | -866.95M | -816.45M | -720.45M | -619.86M | -619.86M | -619.84M | -619.84M | -618.71M | -618.71M |
| Accumulated OCI | -370K | -366K | 278K | 341K | 17K | 93K | 168K | 375K | -508K | 152K | 325K | -184K | -808K | -2.32M | -3.8M | -4.57M | -1.95M | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |