SkyWest Inc (SKYW)

Operating 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
Operating income (ttm)	US$ in thousands	494,657	378,203	296,059	208,279	104,069	41,383	67,668	124,410	181,162	249,178	220,652	247,073	275,867	215,246	242,749	123,323	108,802	261,776	333,664	482,160
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
Operating profit margin		13.74%	11.22%	9.29%	6.93%	3.60%	1.47%	2.38%	4.27%	6.11%	8.19%	7.35%	8.65%	10.40%	8.66%	11.10%	6.58%	5.26%	11.69%	13.18%	16.55%

December 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $494,657K ÷ $3,599,954K
= 13.74%

The operating profit margin of SkyWest Inc has shown fluctuations over the analyzed periods. It started at a healthy level of 16.55% on March 31, 2020, but gradually decreased to 5.26% by December 31, 2020. There was a slight recovery to 6.58% by March 31, 2021, followed by an increase to 11.10% by June 30, 2021.

However, the operating profit margin experienced further volatility, dropping to 4.27% by March 31, 2023, and hitting a low of 1.47% on September 30, 2023. There was a partial recovery to 6.93% by March 31, 2024, and a further improvement to 13.74% by December 31, 2024.

Overall, fluctuations in the operating profit margin suggest varying levels of operational efficiency and profitability for SkyWest Inc over the analyzed periods. Investors and stakeholders may need to closely monitor this metric to assess the company's financial performance and sustainability.