SkyWest Inc (SKYW)

Operating profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating income	US$ in thousands	494,657	104,069	181,162	275,867	108,802
Revenue	US$ in thousands	3,629,780	2,890,360	2,963,230	2,652,290	2,033,210
Operating profit margin		13.63%	3.60%	6.11%	10.40%	5.35%

December 31, 2024 calculation

Operating profit margin = Operating income ÷ Revenue
= $494,657K ÷ $3,629,780K
= 13.63%

SkyWest Inc's operating profit margin has fluctuated over the years, as evidenced by the data provided.

In December 31, 2020, the operating profit margin was 5.35%, indicating that for every dollar of revenue generated, the company retained 5.35 cents as operating profit.

By December 31, 2021, the operating profit margin improved significantly to 10.40%, suggesting the company became more efficient in managing its operating expenses and generating higher profit from its operations.

However, in December 31, 2022, the operating profit margin decreased to 6.11%, indicating that the company's profitability from operations slightly declined compared to the previous year.

This trend continued in December 31, 2023, with the operating profit margin further dropping to 3.60%. This could suggest increased operating expenses or lower revenue generation relative to costs.

Finally, in December 31, 2024, the operating profit margin saw a notable improvement to 13.63%, signifying a significant enhancement in the company's operational efficiency and profitability.

Overall, SkyWest Inc's operating profit margin has shown variability over the years, indicating fluctuations in the company's ability to generate profits from its core business operations. It is important for the company to continue monitoring and optimizing its operating expenses to maintain or improve its operating profit margin in the future.