SkyWest Return On Assets from 2010 to 2024

SKYW Stock  USD 102.38  2.98  3.00%   
SkyWest Return On Assets yearly trend continues to be fairly stable with very little volatility. Return On Assets will likely drop to 0 in 2024. Return On Assets is a profitability ratio that indicates the percentage of profit SkyWest earns in relation to its overall resources. It is calculated by dividing net income by total assets. View All Fundamentals
 
Return On Assets  
First Reported
2010-12-31
Previous Quarter
0.00488764
Current Value
0.004643
Quarterly Volatility
0.02796907
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check SkyWest financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SkyWest's main balance sheet or income statement drivers, such as Depreciation And Amortization of 402.3 M, Interest Expense of 137.5 M or Total Revenue of 1.8 B, as well as many indicators such as Price To Sales Ratio of 0.83, Dividend Yield of 0.0058 or PTB Ratio of 1.32. SkyWest financial statements analysis is a perfect complement when working with SkyWest Valuation or Volatility modules.
  
Check out the analysis of SkyWest Correlation against competitors.
For more information on how to buy SkyWest Stock please use our How to Invest in SkyWest guide.

Latest SkyWest's Return On Assets Growth Pattern

Below is the plot of the Return On Assets of SkyWest over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. SkyWest's Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in SkyWest's overall financial position and show how it may be relating to other accounts over time.
Return On Assets10 Years Trend
Very volatile
   Return On Assets   
       Timeline  

SkyWest Return On Assets Regression Statistics

Arithmetic Mean0.02
Geometric Mean0.01
Coefficient Of Variation159.44
Mean Deviation0.02
Median0.01
Standard Deviation0.03
Sample Variance0.0008
Range0.1106
R-Value(0.06)
Mean Square Error0.0008
R-Squared0
Significance0.83
Slope(0.0004)
Total Sum of Squares0.01

SkyWest Return On Assets History

2024 0.004643
2023 0.004888
2022 0.009839
2021 0.0157
2020 -0.001236
2019 0.0511
2018 0.0444

About SkyWest Financial Statements

SkyWest investors use historical fundamental indicators, such as SkyWest's Return On Assets, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in SkyWest. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year

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Additional Tools for SkyWest Stock Analysis

When running SkyWest's price analysis, check to measure SkyWest's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SkyWest is operating at the current time. Most of SkyWest's value examination focuses on studying past and present price action to predict the probability of SkyWest's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SkyWest's price. Additionally, you may evaluate how the addition of SkyWest to your portfolios can decrease your overall portfolio volatility.