Sky Harbour Group vs Tejon Ranch
Tejon Ranch is the larger business, with $49.6m of revenue in fiscal 2025 against $27.5m for Sky Harbour Group (1.8 times as much). Sky Harbour Group grew faster (86.6% against 18.4%). Sky Harbour Group kept more of each dollar of sales as profit: a net margin of 68.3% against 0.2%. Tejon Ranch carries less debt relative to equity (0.0% against 109.0%).
| Latest fiscal year | Sky Harbour GroupSKYH, 2025 | Tejon RanchTRC, 2025 |
|---|---|---|
| Revenue | $27.5m | $49.6m |
| Revenue growth | 86.6% | 18.4% |
| Net income | $18.8m | $75,000 |
| Operating margin | -101.8% | -16.0% |
| Net margin | 68.3% | 0.2% |
| Return on equity | 11.3% | 0.0% |
| Free cash flow | −$11.8m | −$411,000 |
| Cash | $37.0m | $9.5m |
| Total debt | $187m | $0 |
| Debt to equity | 109.0% | 0.0% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | 112 | 65 |
| Market value | $349m | $438m |
| Price vs our value range | — | — |
| Moat score | 12 (Weak) | 19 (Weak) |
| Insider trades, 12 months | 8 buys, 0 sales | 0 buys, 0 sales |