SkyWest Inc (SKYW)
Interest coverage
| Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 627,405 | 576,060 | 506,018 | 511,924 | 406,068 | 331,527 | 263,242 | 171,239 | 88,849 | 121,991 | 173,816 | 219,666 | 280,456 | 233,610 | 245,743 | 273,732 | 212,363 | 245,534 | 127,905 | 115,846 |
| Interest expense (ttm) | US$ in thousands | 107,032 | 109,229 | 111,629 | 114,340 | 117,652 | 122,387 | 127,139 | 130,930 | 134,656 | 135,396 | 132,111 | 127,083 | 121,156 | 116,853 | 120,360 | 123,122 | 126,167 | 127,337 | 124,323 | 123,173 |
| Interest coverage | 5.86 | 5.27 | 4.53 | 4.48 | 3.45 | 2.71 | 2.07 | 1.31 | 0.66 | 0.90 | 1.32 | 1.73 | 2.31 | 2.00 | 2.04 | 2.22 | 1.68 | 1.93 | 1.03 | 0.94 |
September 30, 2025 calculation
Interest coverage = EBIT (ttm) ÷ Interest expense (ttm)
= $627,405K ÷ $107,032K
= 5.86
Peer comparison
Sep 30, 2025
Company name
Symbol
Interest coverage
SkyWest Inc
SKYW
5.86
Alaska Air Group Inc
ALK
1.47
American Airlines Group
AAL
1.11
Delta Air Lines Inc
DAL
9.69
JetBlue Airways Corp
JBLU
-0.31
Southwest Airlines Company
LUV
5.94
United Airlines Holdings Inc
UAL
3.77