SkyWest Inc (SKYW)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 2,153,407 | 1,961,362 | 1,820,661 | 1,672,790 | 1,574,210 | 1,393,438 | 1,441,592 | 1,552,351 | 1,636,491 | 1,906,659 | 1,825,695 | 1,192,921 | 615,492 | 683,822 | 157,190 | 97,077 | 51,120 | 205,073 | 210,241 | 272,300 |
| Revenue (ttm) | US$ in thousands | 3,599,954 | 3,371,490 | 3,186,371 | 3,005,936 | 2,890,358 | 2,814,694 | 2,837,558 | 2,914,438 | 2,963,235 | 3,042,161 | 3,003,665 | 2,857,719 | 2,652,287 | 2,485,562 | 2,186,191 | 1,875,348 | 2,067,711 | 2,238,559 | 2,531,539 | 2,912,994 |
| Gross profit margin | 59.82% | 58.17% | 57.14% | 55.65% | 54.46% | 49.51% | 50.80% | 53.26% | 55.23% | 62.67% | 60.78% | 41.74% | 23.21% | 27.51% | 7.19% | 5.18% | 2.47% | 9.16% | 8.30% | 9.35% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $2,153,407K ÷ $3,599,954K
= 59.82%
SkyWest Inc's gross profit margin has displayed fluctuations over the periods provided in the data. The margin has shown a general upward trend since December 31, 2020, where it was at a low of 2.47%. Subsequently, there was an increase in the margin, with significant improvements seen in the most recent periods.
As of December 31, 2024, SkyWest Inc's gross profit margin stands at 59.82%, showcasing a steady increase in profitability. This indicates that the company is effectively managing its production costs and has improved its pricing strategies or product mix. Overall, the company has been able to enhance its efficiency in generating profits from its operations.
Peer comparison
Dec 31, 2024