SkyWest Pretax Profit Margin vs Net Profit Margin Analysis

SKYW Stock

USD 73.03 1.96 2.61%

SkyWest financial indicator trend analysis is much more than just breaking down SkyWest prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SkyWest is a good investment. Please check the relationship between SkyWest Pretax Profit Margin and its Net Profit Margin accounts. 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 tightly coupled 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.

Pretax Profit Margin vs Net Profit Margin

Pretax Profit Margin vs Net Profit Margin Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SkyWest Pretax Profit Margin account and Net Profit Margin. At this time, the significance of the direction appears to have almost identical trend.

The correlation between SkyWest's Pretax Profit Margin and Net Profit Margin is 0.93. Overlapping area represents the amount of variation of Pretax Profit Margin that can explain the historical movement of Net Profit Margin in the same time period over historical financial statements of SkyWest, assuming nothing else is changed. The correlation between historical values of SkyWest's Pretax Profit Margin and Net Profit Margin is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pretax Profit Margin of SkyWest are associated (or correlated) with its Net Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Profit Margin has no effect on the direction of Pretax Profit Margin i.e., SkyWest's Pretax Profit Margin and Net Profit Margin go up and down completely randomly.

Correlation Coefficient

0.93

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Pretax Profit Margin

Net Profit Margin

The percentage of revenue left after all expenses have been deducted from sales. The measure is calculated by dividing net profit by revenue.

Most indicators from SkyWest's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SkyWest current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, 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 tightly coupled 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 Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 3.1 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop 8.45 in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	123.1M	127.1M	132.4M	139.1M
Depreciation And Amortization	440.2M	394.6M	383.1M	402.3M

Interest Expense Depreciation And Amortization

SkyWest fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Common Stock Total Equity	Short Term Investments
Total Assets		0.97	0.3	0.98	0.98	0.99	0.94	0.98	-0.06	0.99	0.26	0.73	0.19	0.67	1.0	0.44	-0.02	-0.81	1.0	0.92	0.37	0.98	-0.21	0.91	0.79	0.7
Short Long Term Debt Total	0.97		0.27	0.93	0.95	0.99	0.98	0.94	-0.1	0.98	0.19	0.71	0.1	0.63	0.97	0.39	-0.07	-0.75	0.97	0.88	0.29	0.97	-0.32	0.84	0.76	0.66
Other Current Liab	0.3	0.27		0.27	0.35	0.31	0.12	0.27	0.65	0.29	-0.02	0.24	0.01	0.37	0.27	0.46	0.72	-0.31	0.27	0.17	0.23	0.23	-0.05	0.29	0.41	0.02
Total Current Liabilities	0.98	0.93	0.27		0.95	0.96	0.91	0.97	-0.07	0.97	0.26	0.68	0.15	0.59	0.97	0.38	-0.03	-0.83	0.98	0.97	0.33	0.97	-0.24	0.97	0.73	0.68
Total Stockholder Equity	0.98	0.95	0.35	0.95		0.97	0.93	0.98	-0.07	0.96	0.19	0.77	0.26	0.7	0.96	0.48	0.01	-0.76	0.96	0.88	0.42	0.93	-0.18	0.88	0.81	0.73
Property Plant And Equipment Net	0.99	0.99	0.31	0.96	0.97		0.97	0.98	-0.12	1.0	0.21	0.68	0.1	0.61	0.99	0.37	-0.06	-0.81	0.99	0.92	0.26	0.98	-0.33	0.88	0.75	0.65
Net Debt	0.94	0.98	0.12	0.91	0.93	0.97		0.94	-0.31	0.96	0.17	0.67	0.07	0.52	0.94	0.26	-0.26	-0.72	0.94	0.89	0.18	0.95	-0.38	0.81	0.68	0.66
Retained Earnings	0.98	0.94	0.27	0.97	0.98	0.98	0.94		-0.17	0.98	0.23	0.69	0.16	0.57	0.97	0.33	-0.09	-0.83	0.97	0.95	0.29	0.96	-0.28	0.91	0.72	0.69
Cash	-0.06	-0.1	0.65	-0.07	-0.07	-0.12	-0.31	-0.17		-0.14	0.07	0.06	0.12	0.4	-0.05	0.57	0.9	0.0	-0.06	-0.24	0.43	-0.13	0.37	-0.02	0.23	-0.13
Non Current Assets Total	0.99	0.98	0.29	0.97	0.96	1.0	0.96	0.98	-0.14		0.23	0.65	0.07	0.57	0.98	0.33	-0.09	-0.82	0.99	0.94	0.22	0.99	-0.35	0.89	0.72	0.63
Non Currrent Assets Other	0.26	0.19	-0.02	0.26	0.19	0.21	0.17	0.23	0.07	0.23		0.27	-0.09	0.07	0.29	0.03	0.11	-0.28	0.29	0.29	0.19	0.32	0.04	0.19	0.16	0.41
Cash And Short Term Investments	0.73	0.71	0.24	0.68	0.77	0.68	0.67	0.69	0.06	0.65	0.27		0.48	0.66	0.7	0.65	0.08	-0.45	0.7	0.61	0.76	0.63	0.12	0.66	0.87	0.93
Net Receivables	0.19	0.1	0.01	0.15	0.26	0.1	0.07	0.16	0.12	0.07	-0.09	0.48		0.58	0.17	0.65	0.19	0.12	0.16	0.04	0.79	0.02	0.76	0.17	0.48	0.47
Common Stock Shares Outstanding	0.67	0.63	0.37	0.59	0.7	0.61	0.52	0.57	0.4	0.57	0.07	0.66	0.58		0.66	0.83	0.33	-0.33	0.65	0.38	0.77	0.53	0.44	0.55	0.8	0.54
Non Current Liabilities Total	1.0	0.97	0.27	0.97	0.96	0.99	0.94	0.97	-0.05	0.98	0.29	0.7	0.17	0.66		0.42	-0.03	-0.81	1.0	0.91	0.35	0.98	-0.22	0.89	0.78	0.68
Inventory	0.44	0.39	0.46	0.38	0.48	0.37	0.26	0.33	0.57	0.33	0.03	0.65	0.65	0.83	0.42		0.55	-0.21	0.41	0.17	0.85	0.31	0.49	0.38	0.83	0.49
Other Current Assets	-0.02	-0.07	0.72	-0.03	0.01	-0.06	-0.26	-0.09	0.9	-0.09	0.11	0.08	0.19	0.33	-0.03	0.55		-0.06	-0.03	-0.16	0.41	-0.09	0.27	0.0	0.21	-0.04
Other Stockholder Equity	-0.81	-0.75	-0.31	-0.83	-0.76	-0.81	-0.72	-0.83	0.0	-0.82	-0.28	-0.45	0.12	-0.33	-0.81	-0.21	-0.06		-0.82	-0.83	-0.11	-0.83	0.46	-0.79	-0.54	-0.47
Total Liab	1.0	0.97	0.27	0.98	0.96	0.99	0.94	0.97	-0.06	0.99	0.29	0.7	0.16	0.65	1.0	0.41	-0.03	-0.82		0.93	0.35	0.98	-0.22	0.92	0.77	0.68
Property Plant And Equipment Gross	0.92	0.88	0.17	0.97	0.88	0.92	0.89	0.95	-0.24	0.94	0.29	0.61	0.04	0.38	0.91	0.17	-0.16	-0.83	0.93		0.17	0.95	-0.38	0.95	0.58	0.66
Total Current Assets	0.37	0.29	0.23	0.33	0.42	0.26	0.18	0.29	0.43	0.22	0.19	0.76	0.79	0.77	0.35	0.85	0.41	-0.11	0.35	0.17		0.21	0.69	0.35	0.73	0.68
Short Term Debt	0.98	0.97	0.23	0.97	0.93	0.98	0.95	0.96	-0.13	0.99	0.32	0.63	0.02	0.53	0.98	0.31	-0.09	-0.83	0.98	0.95	0.21		-0.36	0.9	0.7	0.64
Intangible Assets	-0.21	-0.32	-0.05	-0.24	-0.18	-0.33	-0.38	-0.28	0.37	-0.35	0.04	0.12	0.76	0.44	-0.22	0.49	0.27	0.46	-0.22	-0.38	0.69	-0.36		-0.19	0.15	0.09
Accounts Payable	0.91	0.84	0.29	0.97	0.88	0.88	0.81	0.91	-0.02	0.89	0.19	0.66	0.17	0.55	0.89	0.38	0.0	-0.79	0.92	0.95	0.35	0.9	-0.19		0.67	0.65
Common Stock Total Equity	0.79	0.76	0.41	0.73	0.81	0.75	0.68	0.72	0.23	0.72	0.16	0.87	0.48	0.8	0.78	0.83	0.21	-0.54	0.77	0.58	0.73	0.7	0.15	0.67		0.75
Short Term Investments	0.7	0.66	0.02	0.68	0.73	0.65	0.66	0.69	-0.13	0.63	0.41	0.93	0.47	0.54	0.68	0.49	-0.04	-0.47	0.68	0.66	0.68	0.64	0.09	0.65	0.75

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SkyWest Account Relationship Matchups

SkyWest fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	6.7B	6.9B	7.1B	7.4B	7.5B	7.8B
Short Long Term Debt Total	3.0B	3.2B	3.1B	3.4B	3.1B	3.2B
Other Current Liab	560.6M	539.6M	802.8M	271.2M	259.8M	177.6M
Total Current Liabilities	924.7M	941.7M	1.2B	1.2B	1.3B	1.3B
Total Stockholder Equity	2.2B	2.1B	2.3B	2.3B	2.1B	2.2B
Property Plant And Equipment Net	5.4B	5.4B	5.5B	5.5B	5.6B	5.8B
Net Debt	2.9B	3.0B	2.9B	3.3B	2.9B	3.1B
Retained Earnings	2.1B	2.1B	2.2B	2.2B	2.3B	2.4B
Cash	87.2M	215.7M	258.4M	103.0M	148.3M	161.3M
Non Current Assets Total	5.9B	5.9B	6.1B	6.0B	6.3B	6.7B
Non Currrent Assets Other	(121.5M)	536.7M	(104.5M)	471.0M	293.5M	308.2M
Cash And Short Term Investments	520.2M	825.9M	860.4M	1.0B	835.2M	437.8M
Net Receivables	94.1M	38.4M	65.3M	100.5M	84.1M	52.7M
Common Stock Shares Outstanding	51.4M	50.2M	50.8M	50.6M	44.6M	51.4M
Liabilities And Stockholders Equity	6.7B	6.9B	7.1B	7.4B	7.5B	7.8B
Non Current Liabilities Total	3.6B	3.8B	3.7B	3.9B	4.1B	4.3B
Inventory	110.5M	91.2M	104.1M	123.2M	127.1M	66.6M
Other Current Assets	240.2M	156.9M	208.2M	324.1M	85.5M	125.6M
Other Stockholder Equity	(591.0M)	(617.1M)	(618.7M)	(619.9M)	(912.4M)	(866.8M)
Total Liab	4.5B	4.7B	4.9B	5.1B	5.4B	5.6B
Property Plant And Equipment Gross	5.7B	5.6B	8.2B	8.4B	8.8B	9.2B
Total Current Assets	760.3M	982.8M	1.1B	1.4B	1.1B	715.2M
Accumulated Other Comprehensive Income	(32K)	(2.0B)	0.0	(3.8M)	325K	341.3K
Short Term Debt	364.1M	402.2M	391.8M	438.5M	463.2M	486.4M
Accounts Payable	284.5M	278.7M	496.3M	422.0M	470.3M	493.8M
Common Stock Total Equity	686.8M	704.7M	722.3M	734.4M	844.6M	491.0M
Short Term Investments	433.0M	610.2M	602.0M	944.2M	686.9M	418.2M
Common Stock	686.8M	704.7M	722.3M	734.4M	754.4M	432.4M
Other Assets	191.1M	574.4M	683.7M	340.2M	391.2M	410.8M
Long Term Debt	2.6B	2.8B	2.7B	2.9B	2.6B	1.8B
Property Plant Equipment	5.4B	5.4B	5.4B	5.5B	6.4B	6.7B
Other Liab	669.2M	1.0B	946.4M	864.0M	993.6M	1.0B
Current Deferred Revenue	(284.5M)	(278.7M)	(496.3M)	40.8M	61M	64.1M
Net Tangible Assets	2.4B	2.3B	2.3B	2.4B	2.8B	2.0B
Retained Earnings Total Equity	2.1B	2.1B	2.2B	2.2B	2.6B	1.7B
Long Term Debt Total	2.6B	2.8B	2.7B	2.9B	3.4B	2.4B
Deferred Long Term Liab	623.6M	625.9M	663.2M	687.1M	618.4M	542.3M
Non Current Liabilities Other	45.6M	173.0M	946.4M	952.6M	341.3M	246.1M

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When determining whether SkyWest is a strong investment it is important to analyze SkyWest's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SkyWest's future performance. For an informed investment choice regarding SkyWest Stock, refer to the following important reports:

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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 tightly coupled 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.

You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

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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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Is SkyWest's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SkyWest. If investors know SkyWest will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SkyWest listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.42)

Earnings Share

2.67

Revenue Per Share

73.133

Quarterly Revenue Growth

0.162

Return On Assets

0.0185

The market value of SkyWest is measured differently than its book value, which is the value of SkyWest that is recorded on the company's balance sheet. Investors also form their own opinion of SkyWest's value that differs from its market value or its book value, called intrinsic value, which is SkyWest's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SkyWest's market value can be influenced by many factors that don't directly affect SkyWest's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between SkyWest's value and its price as these two are different measures arrived at by different means. Investors typically determine if SkyWest is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SkyWest's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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SkyWest Pretax Profit Margin vs Net Profit Margin Analysis

Pretax Profit Margin vs Net Profit Margin

Pretax Profit Margin vs Net Profit Margin Correlation Analysis

Correlation Coefficient

Pretax Profit Margin

Net Profit Margin

SkyWest fundamental ratios Correlations

SkyWest Account Relationship Matchups

High Positive Relationship

High Negative Relationship

SkyWest fundamental ratios Accounts

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COMPANY

Non Current Liabilities Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Total Liab	+ 1.0	Non Current Liabilities Total
Property Plant And Equipment Net	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Assets

Short Term Debt	- 0.83	Other Stockholder Equity
Property Plant And Equipment Gross	- 0.83	Other Stockholder Equity
Other Stockholder Equity	- 0.83	Retained Earnings
Other Stockholder Equity	- 0.83	Total Current Liabilities
Total Liab	- 0.82	Other Stockholder Equity
Other Stockholder Equity	- 0.82	Non Current Assets Total