SkyWest Profit Margin 2010-2024 | SKYW
Current and historical gross margin, operating margin and net profit margin for SkyWest (SKYW) over the last 10 years. Profit margin can be defined as the percentage of revenue that a company retains as income after the deduction of expenses. SkyWest net profit margin as of September 30, 2024 is 7.29%.
| SkyWest Annual Profit Margins |
| SkyWest Quarterly Profit Margins |
| Sector |
Industry |
Market Cap |
Revenue |
| Transportation |
Transportation - Airlines |
$4.418B |
$2.935B |
|
SkyWest operates as a regional airline in the U.S. through its subsidiary SkyWest Airlines. SkyWest is also the holding company of an aircraft leasing company. It offers high-quality regional service to airports located primarily in the Midwestern and Western United States as well as Mexico and Canada. Offering scheduled regional airline service under code-share agreements with its airline partners, forms the basis of the company's operating model. On a daily basis, SkyWest is responsible for operating more than 2,100 flights to multiple destinations in N. America. SkyWest provides regional operations to its major airline partners under long-term, fixed-fee, code-share agreements. The company has codeshare agreements with key airline players like Delta Air Lines, American Airlines, United and Alaska Airlines. The fixed-fee agreement with these companies obligate the respective major airline partner to refund the amount of fuel costs SkyWest incurs under those agreements.
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