SkyWest (STU:SY2) Debt-to-EBITDA : 3.64 (As of Jun. 2026) — 15% Below Median

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STU:SY2 SkyWest Inc STU:SY2
84 GF Score
Price €99.86
GF Value €94.60
! 5 Warning Signs
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What is SkyWest Debt-to-EBITDA?

SkyWest STU:SY2 +0.71% 84 Debt-to-EBITDA is 3.64 as of Jun. 2026, which is 15% below its 10-year median of 4.30. GuruFocus rates STU:SY2 with a GF Score™ of 84/100 and a GF Value™ of €94.60. The stock has 5 warning signs investors should review. Among 866 Transportation companies, SkyWest ranks worse than 64.55% on this metric.

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 €586 Mil. SkyWest's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €1,483 Mil. SkyWest's annualized EBITDA for the quarter that ended in Jun. 2026 was €569 Mil. SkyWest's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 3.64.

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:

STU: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.

STU:SY2's Debt-to-EBITDA is ranked worse than
64.55% of 866 companies
in the Transportation industry
Industry Median: 2.65 vs STU:SY2: 3.79

SkyWest  (STU: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
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.69 5.76 5.58 2.97 2.39

SkyWest Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.40 3.38 4.13 4.68 3.64

STU: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.


STU:SY2
84GF Score
SkyWest Inc STU: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
=(483.741 + 1629.078) / 883.491
=2.39

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
=(586.389 + 1483.002) / 568.644
=3.64

* 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.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 3.64 mean?
SkyWest (STU:SY2) has a Debt-to-EBITDA of 3.64 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on SkyWest. This is 15% below median its historical median of 4.30. Over the past decade, SkyWest's Debt-to-EBITDA has ranged from 2.39 to 22.26. According to the industry distribution chart, SkyWest ranks #559 out of 866 companies in the Transportation industry, placing it in the top 64.5%.
Is SkyWest's Debt-to-EBITDA too high?
SkyWest's current Debt-to-EBITDA of 3.64 is 15% below median its 10-year median of 4.30. Over the past 10 years, this metric has ranged from a low of 2.39 to a high of 22.26. The Transportation industry median Debt-to-EBITDA is 2.65. SkyWest's value of 3.64 is 37.4% above this industry median. Based on the distribution chart, SkyWest ranks #559 out of 866 companies in the Transportation industry, which is below the industry midpoint. Overall, SkyWest has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does SkyWest's Debt-to-EBITDA compare to ALK and CPA?
According to the Transportation industry distribution chart, SkyWest ranks #559 out of 866 companies for Debt-to-EBITDA. This places SkyWest in the lower half of its industry. The industry median Debt-to-EBITDA is 2.65. SkyWest's value of 3.64 is 37.4% above this benchmark. Historically, SkyWest's own Debt-to-EBITDA has ranged from 2.39 to 22.26 over the past decade. While the company's 10-year median is 4.30 vs. the industry median of 2.65, SkyWest has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Transportation company?
The median Debt-to-EBITDA among Transportation companies is 2.65, based on 866 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SkyWest's current Debt-to-EBITDA of 3.64 is 37.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on SkyWest. For the Transportation industry, the median Debt-to-EBITDA is 2.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SkyWest's current Debt-to-EBITDA is 3.64, which is 15% below median its own 10-year median of 4.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SkyWest stock overvalued right now?
SkyWest (STU:SY2) has a current Debt-to-EBITDA of 3.64. The stock's GF Value™ is €94.60, compared to a current price of €99.86 — trading 5.6% above its estimated fair value. The current Debt-to-EBITDA is 3.64, which is 15% below median its 10-year median of 4.30 and 37.4% above the Transportation industry median of 2.65. SkyWest's overall GF Score™ is 84/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For SkyWest (STU:SY2), the current Debt-to-EBITDA is 3.64 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is SkyWest (STU:SY2) Overvalued in 2026?

Based on GuruFocus' analysis, SkyWest stock appears to be overvalued. The current stock price of €99.86 is trading 5.6% above its estimated GF Value™ of €94.60.

Key valuation signals for STU:SY2:

  • Debt-to-EBITDA: 3.64 (15% below median its 10-year median of 4.30)
  • GF Value™: €94.60 vs. price of €99.86 (5.6% above fair value)
  • GF Score™: 84/100 with 5 warning signs
  • Industry Position: 37.4% above the Transportation median (#559 of 866)

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


SkyWest Business Description

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.
84GF Score

Get the complete analysis for STU:SY2

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

€99.86
Price
€94.60
GF Value