SkyWest (STU:SY2) ROA %: 5.56% (As of Mar. 2026) — 81% Above Median


STU:SY2 SkyWest Inc STU:SY2
85 GF Score
Price €87.32
GF Value €94.46
! 2 Warning Signs
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What is SkyWest ROA %?

SkyWest STU:SY2 +1.80% 85 ROA % is 5.56% as of Mar. 2026, which is 81% above its 10-year median of 3.08. GuruFocus rates STU:SY2 with a GF Score™ of 85/100 and a GF Value™ of €94.46. The stock has 2 warning signs investors should review. Among 1,015 Transportation companies, SkyWest ranks better than 69.75% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. SkyWest's annualized Net Income for the quarter that ended in Mar. 2026 was €352 Mil. SkyWest's average Total Assets over the quarter that ended in Mar. 2026 was €6,331 Mil. Therefore, SkyWest's annualized ROA % for the quarter that ended in Mar. 2026 was 5.56%.

The historical rank and industry rank for SkyWest's ROA % or its related term are showing as below:

STU:SY2' s ROA % Range Over the Past 10 Years
Min: -3.3   Med: 3.08   Max: 8.18
Current: 5.93

During the past 13 years, SkyWest's highest ROA % was 8.18%. The lowest was -3.30%. And the median was 3.08%.

STU:SY2's ROA % is ranked better than
69.75% of 1015 companies
in the Transportation industry
Industry Median: 3.45 vs STU:SY2: 5.93

SkyWest  (STU:SY2) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=351.856/6331.2195
=(Net Income / Revenue)*(Revenue / Total Assets)
=(351.856 / 3505.592)*(3505.592 / 6331.2195)
=Net Margin %*Asset Turnover
=10.04 %*0.5537
=5.56 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.

* 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.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


SkyWest ROA % Related Terms


SkyWest ROA % Historical Data

* Premium members only.

The historical data trend for SkyWest's ROA % 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 ROA % Chart

SkyWest Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.66 1.04 0.47 4.65 5.57

SkyWest Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROA % 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 5.55 6.52 6.41 5.00 5.56

STU:SY2 vs ALGT, JBLU, ALK: ROA % Comparison

For the Airlines subindustry, SkyWest's ROA %, along with its competitors' market caps and ROA % 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 ROA % vs Transportation Industry

For the Transportation industry and Industrials sector, SkyWest's ROA % distribution charts can be found below:

* The bar in red indicates where SkyWest's ROA % falls into.


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

SkyWest's annualized ROA % for the fiscal year that ended in Dec. 2025 is calculated as:

ROA %=Net Income (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=365.797/( (6818.573+6307.857)/ 2 )
=365.797/6563.215
=5.57 %

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

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=351.856/( (6307.857+6354.582)/ 2 )
=351.856/6331.2195
=5.56 %

* 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 ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Mar. 2026) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 5.56% mean?
SkyWest (STU:SY2) has a ROA % of 5.56% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on SkyWest and its competitors. This is 81% above median its historical median of 3.08. According to the industry distribution chart, SkyWest ranks #307 out of 1015 companies in the Transportation industry, placing it in the top 30.2%.
Is SkyWest's ROA % too high?
SkyWest's current ROA % of 5.56% is 81% above median its 10-year median of 3.08. The Transportation industry median ROA % is 3.45. SkyWest's value of 5.56% is 61.2% above this industry median. Based on the distribution chart, SkyWest ranks #307 out of 1015 companies in the Transportation industry, which is above the industry midpoint. Overall, SkyWest has a GF Score™ of 85/100, reflecting its overall financial health beyond just this single metric.
How does SkyWest's ROA % compare to ALGT and JBLU?
According to the Transportation industry distribution chart, SkyWest ranks #307 out of 1015 companies for ROA %. This puts SkyWest in the upper half of its industry. The industry median ROA % is 3.45. SkyWest's value of 5.56% is 61.2% above this benchmark. While the company's 10-year median is 3.08 vs. the industry median of 3.45, 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 ROA % for a Transportation company?
The median ROA % among Transportation companies is 3.45, based on 1,015 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SkyWest's current ROA % of 5.56% is 61.2% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on SkyWest and its competitors. For the Transportation industry, the median ROA % is 3.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SkyWest's current ROA % is 5.56%, which is 81% above median its own 10-year median of 3.08. 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 ROA % of 5.56%. The stock's GF Value™ is €94.46, compared to a current price of €87.32 — trading 7.6% below its estimated fair value. The current ROA % is 5.56%, which is 81% above median its 10-year median of 3.08 and 61.2% above the Transportation industry median of 3.45. 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 ROA % calculated?
ROA % is calculated from a company's financial statements. For SkyWest (STU:SY2), the current ROA % is 5.56% 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 €87.32 is trading 7.6% below its estimated GF Value™ of €94.46.

Key valuation signals for STU:SY2:

  • ROA %: 5.56% (81% above median its 10-year median of 3.08)
  • GF Value™: €94.46 vs. price of €87.32 (7.6% below fair value)
  • GF Score™: 85/100 with 2 warning signs
  • Industry Position: 61.2% above the Transportation median (#307 of 1015)

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

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

€87.32
Price
€94.46
GF Value