SkyWest Q4 2024 net income rises to $97 million, or $2.34 per diluted share
SkyWest reported fourth-quarter 2024 net income of $97 million, or $2.34 per diluted share, up from $18 million, or $0.42 per share, a year earlier. For the full year 2024, net income was $323 million, or $7.77 per diluted share, compared with $34 million, or $0.77 per share, in 2023. Revenue and profit both rose sharply, which points to a strong year for shareholders, though cash and marketable securities declined over the quarter.
Key points
- Q4 2024 total operating revenues were $944 million, up 26% from $752 million in Q4 2023
- Full year 2024 net income was $323 million, or $7.77 per diluted share, versus $34 million, or $0.77, in 2023
- Cash and marketable securities were $802 million at December 31, 2024, down from $836 million at September 30, 2024
- Share repurchases in Q4 2024 totaled 47,000 shares for $4.9 million, with $48 million of remaining authorization
The filing
Written by AI on Nov 8, 2026, 1:49 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 30, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.