SkyWest Historical Income Statement

SKYW Stock

USD 111.90 2.34 2.14%

Historical analysis of SkyWest income statement accounts such as Other Operating Expenses of 1.7 B, Operating Income of 96.5 M, EBIT of 69.6 M or Ebitda of 514 M can show how well SkyWest performed in making a profits. Evaluating SkyWest income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of SkyWest's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining SkyWest latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether SkyWest is a good buy for the upcoming year.

Net Income Gross Profit

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SkyWest. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

For more information on how to buy SkyWest Stock please use our How to Invest in SkyWest guide.

About SkyWest Income Statement Analysis

SkyWest Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to SkyWest shareholders. The income statement also shows SkyWest investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

SkyWest Income Statement Chart

At this time, SkyWest's Interest Income is fairly stable compared to the past year. Reconciled Depreciation is likely to climb to about 422.4 M in 2024, whereas Other Operating Expenses is likely to drop slightly above 1.7 B in 2024.

Other Operating Expenses Ebitda Cost Of Revenue

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of SkyWest. It is also known as SkyWest overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Cost Of Revenue

Cost of Revenue is found on SkyWest income statement and represents the costs associated with goods and services SkyWest provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Most accounts from SkyWest's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into SkyWest current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SkyWest. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

For more information on how to buy SkyWest Stock please use our How to Invest in SkyWest guide.At this time, SkyWest's Interest Income is fairly stable compared to the past year. Reconciled Depreciation is likely to climb to about 422.4 M in 2024, whereas Other Operating Expenses is likely to drop slightly above 1.7 B in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	123.1M	127.1M	130.9M	137.5M
Depreciation And Amortization	440.2M	394.6M	383.1M	402.3M

Interest Expense Depreciation And Amortization

SkyWest income statement Correlations

	Depreciation And Amortization	Interest Expense	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling General Administrative	Selling And Marketing Expenses	Extraordinary Items	Net Income From Continuing Ops	Non Recurring	Non Operating Income Net Other	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation
Depreciation And Amortization		0.94	0.36	0.14	0.31	-0.24	0.12	0.68	0.36	-0.14	0.18	-0.12	0.15	0.13	0.61	-0.76	0.78	0.14	0.68	0.43	-0.24	-0.65	-0.76	0.8
Interest Expense	0.94		0.35	0.33	0.28	0.01	0.38	0.83	0.3	0.05	0.36	0.04	0.35	0.14	0.6	-0.72	0.77	0.31	0.71	0.55	-0.26	-0.65	-0.78	0.72
Total Revenue	0.36	0.35		0.56	0.98	0.27	-0.03	0.16	0.97	0.46	0.16	-0.02	0.16	0.03	0.68	-0.83	0.74	0.22	0.15	0.11	0.0	-0.05	0.06	-0.24
Gross Profit	0.14	0.33	0.56		0.45	0.65	0.68	0.58	0.34	0.73	0.54	0.17	0.57	0.11	0.32	-0.46	0.43	0.57	0.41	0.47	-0.1	-0.28	-0.08	-0.32
Other Operating Expenses	0.31	0.28	0.98	0.45		0.2	-0.14	0.06	0.99	0.47	0.03	-0.05	0.04	0.0	0.71	-0.8	0.72	0.1	0.05	0.06	0.02	0.07	0.17	-0.27
Operating Income	-0.24	0.01	0.27	0.65	0.2		0.42	0.17	0.12	0.48	0.7	0.58	0.72	0.19	0.04	-0.09	0.09	0.69	0.0	0.17	0.13	0.15	0.09	-0.48
Ebit	0.12	0.38	-0.03	0.68	-0.14	0.42		0.81	-0.24	0.46	0.55	0.24	0.55	0.17	-0.01	-0.01	0.05	0.5	0.53	0.61	-0.14	-0.4	-0.37	0.07
Ebitda	0.68	0.83	0.16	0.58	0.06	0.17	0.81		0.01	0.27	0.5	0.1	0.49	0.2	0.36	-0.45	0.5	0.44	0.78	0.72	-0.25	-0.66	-0.71	0.53
Cost Of Revenue	0.36	0.3	0.97	0.34	0.99	0.12	-0.24	0.01		0.31	0.02	-0.07	0.02	0.0	0.68	-0.81	0.72	0.08	0.05	-0.02	0.03	0.03	0.1	-0.18
Total Operating Expenses	-0.14	0.05	0.46	0.73	0.47	0.48	0.46	0.27	0.31		0.07	0.07	0.1	-0.04	0.48	-0.33	0.36	0.08	-0.01	0.46	-0.07	0.24	0.42	-0.52
Income Before Tax	0.18	0.36	0.16	0.54	0.03	0.7	0.55	0.5	0.02	0.07		0.78	0.93	0.48	-0.13	-0.15	0.11	0.93	0.34	0.39	0.27	-0.24	-0.51	0.08
Total Other Income Expense Net	-0.12	0.04	-0.02	0.17	-0.05	0.58	0.24	0.1	-0.07	0.07	0.78		0.65	0.55	-0.23	0.1	-0.1	0.63	-0.17	0.37	0.56	0.32	-0.14	-0.06
Net Income	0.15	0.35	0.16	0.57	0.04	0.72	0.55	0.49	0.02	0.1	0.93	0.65		0.14	-0.07	-0.15	0.11	0.99	0.38	0.27	-0.05	-0.35	-0.49	0.0
Income Tax Expense	0.13	0.14	0.03	0.11	0.0	0.19	0.17	0.2	0.0	-0.04	0.48	0.55	0.14		-0.17	-0.04	0.03	0.14	0.01	0.43	0.85	0.21	-0.21	0.21
Selling General Administrative	0.61	0.6	0.68	0.32	0.71	0.04	-0.01	0.36	0.68	0.48	-0.13	-0.23	-0.07	-0.17		-0.88	0.93	-0.09	0.27	0.37	-0.36	-0.08	-0.02	0.15
Selling And Marketing Expenses	-0.76	-0.72	-0.83	-0.46	-0.8	-0.09	-0.01	-0.45	-0.81	-0.33	-0.15	0.1	-0.15	-0.04	-0.88		-0.98	-0.17	-0.42	-0.36	0.19	0.3	0.27	-0.23
Extraordinary Items	0.78	0.77	0.74	0.43	0.72	0.09	0.05	0.5	0.72	0.36	0.11	-0.1	0.11	0.03	0.93	-0.98		0.11	0.43	0.45	-0.23	-0.28	-0.27	0.3
Net Income From Continuing Ops	0.14	0.31	0.22	0.57	0.1	0.69	0.5	0.44	0.08	0.08	0.93	0.63	0.99	0.14	-0.09	-0.17	0.11		0.36	0.21	-0.02	-0.36	-0.47	-0.04
Non Recurring	0.68	0.71	0.15	0.41	0.05	0.0	0.53	0.78	0.05	-0.01	0.34	-0.17	0.38	0.01	0.27	-0.42	0.43	0.36		0.45	-0.45	-0.8	-0.67	0.51
Non Operating Income Net Other	0.43	0.55	0.11	0.47	0.06	0.17	0.61	0.72	-0.02	0.46	0.39	0.37	0.27	0.43	0.37	-0.36	0.45	0.21	0.45		0.08	-0.11	-0.29	0.31
Tax Provision	-0.24	-0.26	0.0	-0.1	0.02	0.13	-0.14	-0.25	0.03	-0.07	0.27	0.56	-0.05	0.85	-0.36	0.19	-0.23	-0.02	-0.45	0.08		0.54	0.13	-0.11
Interest Income	-0.65	-0.65	-0.05	-0.28	0.07	0.15	-0.4	-0.66	0.03	0.24	-0.24	0.32	-0.35	0.21	-0.08	0.3	-0.28	-0.36	-0.8	-0.11	0.54		0.8	-0.56
Net Interest Income	-0.76	-0.78	0.06	-0.08	0.17	0.09	-0.37	-0.71	0.1	0.42	-0.51	-0.14	-0.49	-0.21	-0.02	0.27	-0.27	-0.47	-0.67	-0.29	0.13	0.8		-0.82
Reconciled Depreciation	0.8	0.72	-0.24	-0.32	-0.27	-0.48	0.07	0.53	-0.18	-0.52	0.08	-0.06	0.0	0.21	0.15	-0.23	0.3	-0.04	0.51	0.31	-0.11	-0.56	-0.82

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SkyWest Account Relationship Matchups

SkyWest income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	368.1M	475.0M	440.2M	394.6M	383.1M	402.3M
Interest Expense	127.8M	123.2M	123.1M	127.1M	130.9M	137.5M
Total Revenue	3.0B	2.1B	2.7B	3.0B	2.9B	1.8B
Gross Profit	777.9M	(13.9M)	193.7M	499.3M	372.2M	398.0M
Other Operating Expenses	2.4B	2.0B	2.4B	2.8B	2.8B	1.7B
Operating Income	227.8M	(359.1M)	(81.9M)	(174.9M)	104.1M	96.5M
Ebit	227.8M	(236.7M)	(62.2M)	232.5M	106.4M	69.6M
Ebitda	595.9M	238.3M	378.0M	627.1M	489.5M	514.0M
Cost Of Revenue	2.2B	2.1B	2.5B	2.5B	2.6B	1.4B
Total Operating Expenses	243.7M	(122.7M)	(166.7M)	318.1M	268.1M	301.8M
Income Before Tax	446.3M	(7.3M)	150.6M	92.6M	40.3M	38.3M
Total Other Income Expense Net	218.5M	(116.1M)	(125.3M)	(88.6M)	(63.8M)	(60.6M)
Net Income	340.1M	(8.5M)	111.9M	73.0M	34.3M	32.6M
Income Tax Expense	106.2M	1.2M	38.7M	19.6M	6.0M	5.7M
Selling General Administrative	1.2B	1.0B	1.2B	1.5B	1.8B	1.8B
Net Income Applicable To Common Shares	340.1M	(8.5M)	111.9M	73.0M	83.9M	107.6M
Net Income From Continuing Ops	340.1M	(8.5M)	111.9M	73.0M	(30.3M)	(28.8M)
Non Operating Income Net Other	61.8M	7.0M	(2.1M)	38.5M	44.3M	46.5M
Tax Provision	106.2M	1.2M	38.7M	19.6M	(15.5M)	(14.8M)
Interest Income	14.1M	5.9M	1.1M	17.6M	40.0M	42.0M
Net Interest Income	(113.6M)	(117.3M)	(122.0M)	(109.5M)	(94.6M)	(99.4M)
Reconciled Depreciation	368.1M	475.0M	440.2M	394.6M	383.1M	422.4M

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When running SkyWest's price analysis, check to measure SkyWest's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SkyWest is operating at the current time. Most of SkyWest's value examination focuses on studying past and present price action to predict the probability of SkyWest's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SkyWest's price. Additionally, you may evaluate how the addition of SkyWest to your portfolios can decrease your overall portfolio volatility.

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SkyWest Historical Income Statement

About SkyWest Income Statement Analysis

SkyWest Income Statement Chart

Other Operating Expenses

Cost Of Revenue

SkyWest income statement Correlations

SkyWest Account Relationship Matchups

High Positive Relationship

High Negative Relationship

SkyWest income statement Accounts

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Cost Of Revenue	+ 0.99	Other Operating Expenses
Net Income From Continuing Ops	+ 0.99	Net Income
Other Operating Expenses	+ 0.98	Total Revenue
Cost Of Revenue	+ 0.97	Total Revenue
Interest Expense	+ 0.94	Depreciation And Amortization
Net Income	+ 0.93	Income Before Tax

Extraordinary Items	- 0.98	Selling And Marketing Expenses
Selling And Marketing Expenses	- 0.88	Selling General Administrative
Selling And Marketing Expenses	- 0.83	Total Revenue
Reconciled Depreciation	- 0.82	Net Interest Income
Selling And Marketing Expenses	- 0.81	Cost Of Revenue
Interest Income	- 0.8	Non Recurring