Stocks Comparison
Southwest Airlines vs Skywest: revenue, profit, margins and growth compared
Southwest Airlines brought in $28.1B of revenue in fiscal 2025, Skywest $4.1B in fiscal 2025. Revenue changed by +2.1% at Southwest Airlines and +15.0% at Skywest on the year before, so Skywest grew faster. Southwest Airlines kept 1.6% of its revenue as net profit, Skywest 10.6%. Free cash flow was -$831M at Southwest Airlines and $908.3M at Skywest.
Side by side, latest fiscal year
| LUV | SKYW | |
|---|---|---|
| Fiscal year ended | FY2025 (December 31, 2025) | FY2025 (December 31, 2025) |
| Revenue | $28.1B | $4.1B |
| Revenue growth | +2.1% | +15.0% |
| Net income | $441M | $428.3M |
| Net margin | 1.6% | 10.6% |
| Free cash flow | -$831M | $908.3M |
| Free cash flow margin | -3.0% | 22.4% |
| Earnings per share (diluted) | $0.79 | $10.35 |
| Cash | $3.2B | $122.7M |
| Debt | $4.9B | $2.4B |
| Price to earnings | 54.0 | 9.9 |
| Market value | $20.9B | $4B |
| Dividend yield | 1.69% | n/a |
| Rank by revenue in sector | #36 of 778 · Consumer discretionary | #235 of 778 · Consumer discretionary |
Over the years
Questions about Southwest Airlines and Skywest
Which is bigger by revenue, Southwest Airlines or Skywest?
Southwest Airlines is bigger by revenue: $28.1B in fiscal 2025, against $4.1B for Skywest in fiscal 2025.
Which keeps more of its revenue as profit, Southwest Airlines or Skywest?
Southwest Airlines had a net margin of 1.6% in fiscal 2025; Skywest had 10.6% in fiscal 2025.
Which grew revenue faster, Southwest Airlines or Skywest?
In their latest fiscal years revenue changed by +2.1% at Southwest Airlines and +15.0% at Skywest.
Where do these numbers come from?
From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.