Republic Airways Holdings vs Skywest
Skywest is the larger business, with $4.06bn of revenue in fiscal 2025 against $1.68bn for Republic Airways Holdings (2.4 times as much). Skywest grew faster (15.0% against 13.7%). Skywest kept more of each dollar of sales as profit: a net margin of 10.6% against 4.5%. Republic Airways Holdings carries less debt relative to equity (82.4% against 87.7%).
| Latest fiscal year | Republic Airways HoldingsRJET, 2025 | SkywestSKYW, 2025 |
|---|---|---|
| Revenue | $1.68bn | $4.06bn |
| Revenue growth | 13.7% | 15.0% |
| Net income | $76.2m | $428m |
| Operating margin | 10.0% | 15.2% |
| Net margin | 4.5% | 10.6% |
| Return on equity | 6.2% | 16.6% |
| Free cash flow | −$74.9m | $908m |
| Cash | $134m | $123m |
| Total debt | $1.09bn | $2.41bn |
| Debt to equity | 82.4% | 87.7% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | 8,400 | 15,775 |
| Market value | $884m | $3.06bn |
| Price vs our value range | — | Below our value range |
| Moat score | 26 (Weak) | 53 (Moderate) |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 13 sales |