Discounted Cash Flow

Skywest Inc.

SKYW · Based on 10 years of SEC filings

Average annual growth rates

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Average annual growth is the mean year-over-year change across each period.

Endpoint CAGR (better for long term trend)

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Endpoint CAGR is the compound annual rate from the first to last year in each period.

Projections use average year-over-year growth. Change this in Settings.

Projected growth rate

Free cash flow growth
10-year: — 5-year: — 3-year: —
Averaged growth (FCF & NI)
10-year: — 5-year: — 3-year: —
Net income growth
10-year: — 5-year: — 3-year: —
Sales growth (not added to calculations)
10-year: — 5-year: — 3-year: —

Click a greyed-out slider to switch metrics. Slide between the 10-year, 5-year, and 3-year historic growth rates for FCF, net income, or their average.

%
%

Historical inputs (10 fiscal years)

YEAR Sales Net Income Free Cash Flow Net Margin EPS (diluted)
2016 $3.1b $-161.6m $506.7m -5.2% $-3.14
2017 $3.2b (2.7%) $428.9m (365.4%) $684.1m (35.0%) 13.4% (358.6%) $8.28 (363.7%)
2018 $3.2b (0.5%) $280.4m (-34.6%) $768.1m (12.3%) 8.7% (-35.0%) $5.40 (-34.8%)
2019 $3.0b (-7.8%) $340.1m (21.3%) $640.4m (-16.6%) 11.4% (31.5%) $6.68 (23.7%)
2020 $2.1b (-28.4%) $-8.5m (-102.5%) $620.9m (-3.1%) -0.4% (-103.5%) $-0.17 (-102.5%)
2021 $2.7b (27.6%) $111.9m (1414.3%) $813.7m (31.1%) 4.1% (1130.3%) $2.22 (1405.9%)
2022 $3.0b (10.7%) $73.0m (-34.8%) $467.3m (-42.6%) 2.4% (-41.1%) $1.44 (-35.1%)
2023 $2.9b (-2.3%) $34.3m (-52.9%) $34.3m (-92.7%) 1.2% (-51.8%) $0.78 (-45.8%)
2024 $3.5b (20.2%) $323.0m (840.4%) $647.6m (1785.6%) 9.2% (682.5%) $8.02 (928.2%)
2025 $4.1b (15.0%) $428.3m (32.6%) $908.3m (40.3%) 10.6% (15.3%) $10.62 (32.4%)

Base FCF: (latest fiscal year)

Discount rate: %

Terminal growth:

Projection period: years

Alt A decline yrs:

Alt B total yrs:

Projected cash flows

Year Projected cash flow Discount Factor Present Value

PV of projected FCF:

Terminal FCF:

Terminal value:

PV of terminal value:

Enterprise value (DCF):

DCF price per share:

Current price:

Alternative DCF Models

Model Fair Value Upside PV(FCFs) PV(Terminal) Total Years
Standard (10yr→TV) 10 + TV
Alt A (Gradual Decline)
Alt B (30yr Hard Stop) N/A

This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.

+ 10YR Financials Balance Sheet (10YR) Cash Flow (10YR) DCF Model