SkyWest (FRA:SY2) Debt-to-EBITDA : (As of Jun. 2026)

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FRA:SY2 SkyWest Inc FRA:SY2
90 GF Score
Price €82.44
GF Value €94.32
! 3 Warning Signs
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What is SkyWest Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

SkyWest's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €591 Mil. SkyWest's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €1,494 Mil. SkyWest's annualized EBITDA for the quarter that ended in Jun. 2026 was €882 Mil. SkyWest's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 2.37.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for SkyWest's Debt-to-EBITDA or its related term are showing as below:

FRA:SY2' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.39   Med: 4.3   Max: 22.26
Current: 3.79

During the past 13 years, the highest Debt-to-EBITDA Ratio of SkyWest was 22.26. The lowest was 2.39. And the median was 4.30.

FRA:SY2's Debt-to-EBITDA is ranked worse than
64.32% of 880 companies
in the Transportation industry
Industry Median: 2.625 vs FRA:SY2: 3.79

SkyWest  (FRA:SY2) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


SkyWest Debt-to-EBITDA Related Terms


SkyWest Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for SkyWest's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

SkyWest Debt-to-EBITDA Chart

SkyWest Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
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SkyWest Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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FRA:SY2 vs ALK, CPA, ALGT: Debt-to-EBITDA Comparison

For the Airlines subindustry, SkyWest's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


SkyWest Debt-to-EBITDA vs Transportation Industry

For the Transportation industry and Industrials sector, SkyWest's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where SkyWest's Debt-to-EBITDA falls into.


FRA:SY2
90GF Score
SkyWest Inc FRA:SY2
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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SkyWest Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

SkyWest's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(482.30320575589 + 1624.2377282984) / 916.66951268925
=2.30

SkyWest's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(590.88865564594 + 1494.3829266159) / 881.65431519004
=2.37

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Jun. 2026) EBITDA data.

Is SkyWest (FRA:SY2) Overvalued in 2026?

Based on GuruFocus' analysis, SkyWest stock appears to be undervalued. The current stock price of €82.44 is trading 12.6% below its estimated GF Value™ of €94.32.

Key valuation signals for FRA:SY2:

  • Debt-to-EBITDA:
  • GF Value™: €94.32 vs. price of €82.44 (12.6% below fair value)
  • GF Score™: 90/100 with 3 warning signs

No single metric tells the full story. See the FRA:SY2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SkyWest Business Description

Other Exchanges SKYW:USA1SKYW:Italy
Address 444 South River Road, St. George, UT, USA, 84790
SkyWest Inc offers commercial air services in the United States, Canada, Mexico, and the Caribbean. Additionally, it leases aircraft to capable users to help generate revenue. SkyWest generally provides regional flights and utilizes smaller, lower-cost aircraft to carry passengers who book tickets through partner airlines. It partners with carriers to fly and operate aircraft for a fee and may use the carriers' brands and ground support to coordinate marketing and transport passengers. The company has two reportable segments: SkyWest Airlines and SWC, which generate maximum revenue, and SkyWest Leasing activities.
90GF Score

Get the complete analysis for FRA:SY2

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€82.44
Price
€94.32
GF Value