SkyWest (STU:SY2) EBIT: €562 Mil (TTM As of Mar. 2026)


STU:SY2 SkyWest Inc STU:SY2
85 GF Score
Price €84.38
GF Value €93.63
! 2 Warning Signs
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What is SkyWest EBIT?

SkyWest STU:SY2 +2.43% 85 EBIT is €562 Mil as of Mar. 2026. GuruFocus rates STU:SY2 with a GF Score™ of 85/100 and a GF Value™ of €93.63. The stock has 2 warning signs investors should review.

SkyWest's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was €114 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was €562 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. SkyWest's annualized ROC % for the quarter that ended in Mar. 2026 was 6.64%. SkyWest's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 8.95%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. SkyWest's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 11.26%.


SkyWest  (STU:SY2) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

SkyWest's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=427.952 * ( 1 - 5.64% )/( (6033.836 + 6120.334)/ 2 )
=403.8155072/6077.085
=6.64 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=6307.857 - 766.278 - ( 603.7 - max(0, 1424.137 - 931.88+603.7))
=6033.836

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=6354.582 - 771.362 - ( 542.575 - max(0, 1413.052 - 875.938+542.575))
=6120.334

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

SkyWest's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=457.532/( ( (5059.874 + max(-612.216, 0)) + (5166.771 + max(-544.02, 0)) )/ 2 )
=457.532/( ( 5059.874 + 5166.771 )/ 2 )
=457.532/5113.3225
=8.95 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(136.472 + 143.939 + 47.769) - (766.278 + 0 + 174.118)
=-612.216

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(149.469 + 150.194 + 33.7) - (771.362 + 0 + 106.021)
=-544.02

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

SkyWest's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=562.442/4996.123
=11.26 %

* 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 EBIT Related Terms


SkyWest EBIT Historical Data

* Premium members only.

The historical data trend for SkyWest's EBIT 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 EBIT Chart

SkyWest Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 242.25 207.37 157.03 521.89 572.21

SkyWest Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT 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 136.75 164.45 155.73 127.88 114.38

STU:SY2 vs ALGT, JBLU, ALK: EBIT Comparison

For the Airlines subindustry, SkyWest's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Transportation Industry

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

* The bar in red indicates where SkyWest's EV-to-EBIT falls into.


STU:SY2
85GF Score
SkyWest Inc STU:SY2
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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SkyWest EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €562 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of €562 Mil mean?
SkyWest (STU:SY2) has a EBIT of €562 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on SkyWest.
Is SkyWest's EBIT too high?
SkyWest's current EBIT is €562 Mil. Overall, SkyWest has a GF Score™ of 85/100, reflecting its overall financial health beyond just this single metric.
How does SkyWest's EBIT compare to ALGT and JBLU?
SkyWest's EBIT of €562 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Transportation company?
A good EBIT depends on the Transportation industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on SkyWest. SkyWest's current EBIT is €562 Mil. 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 EBIT of €562 Mil. The stock's GF Value™ is €93.63, compared to a current price of €84.38 — trading 9.9% below its estimated fair value. The current EBIT is €562 Mil. SkyWest's overall GF Score™ is 85/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For SkyWest (STU:SY2), the current EBIT is €562 Mil as of Mar. 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 undervalued. The current stock price of €84.38 is trading 9.9% below its estimated GF Value™ of €93.63.

Key valuation signals for STU:SY2:

  • EBIT: €562 Mil
  • GF Value™: €93.63 vs. price of €84.38 (9.9% below fair value)
  • GF Score™: 85/100 with 2 warning signs

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.
85GF Score

Get the complete analysis for STU:SY2

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

€84.38
Price
€93.63
GF Value