Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. SkyWest's annualizedGross Profit for the quarter that ended in Dec. 2023 was $362 Mil.
SkyWest's average Total Assets over the quarter that ended in Dec. 2023 was $7,043 Mil. Therefore, SkyWest's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 5.14%.
SkyWest Gross-Profit-to-Asset % Historical Data
The historical data trend for SkyWest's Gross-Profit-to-Asset % 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.
Competitive Comparison of SkyWest's Gross-Profit-to-Asset %
For the Airlines subindustry, SkyWest's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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's Gross-Profit-to-Asset % Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, SkyWest's Gross-Profit-to-Asset % distribution charts can be found below:
* The bar in red indicates where SkyWest's Gross-Profit-to-Asset % falls into.
SkyWest Gross-Profit-to-Asset % Calculation
SkyWest's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:
* 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 Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Gross Profit data used here is four times the quarterly (Dec. 2023) data.
Gross-Profit-to-Asset % is displayed in the 30-year financial page.
SkyWest Gross-Profit-to-Asset % Related Terms
Thank you for viewing the detailed overview of SkyWest's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.
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. Generally, SkyWest provides regional flights, and utilizes its smaller, lower-cost aircraft to carry passengers that booked tickets through major airlines. It partners with major global carriers to fly and operate aircraft for a fee. SkyWest may use the major carriers' brand and ground support to coordinate marketing and easily transport passengers. The company has two reportable segments: SkyWest Airlines and SkyWest Leasing.
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