PSN vs. SKYW
PSN (Parsons Corporation) and SKYW (SkyWest, Inc.) are both stocks. Both are in the Industrials sector — PSN in Specialty Industrial Machinery, SKYW in Airlines. Over the past 5 years, PSN returned 7.23%/yr vs 19.04%/yr for SKYW. At a 0.35 correlation, their price movements are largely independent.
Performance
PSN vs. SKYW - Performance Comparison
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Returns By Period
In the year-to-date period, PSN achieves a -10.71% return, which is significantly lower than SKYW's -5.22% return.
PSN
- 1D
- -0.54%
- 1M
- 5.69%
- 6M
- -22.54%
- YTD
- -10.71%
- 1Y
- -26.13%
- 3Y*
- 5.20%
- 5Y*
- 7.23%
- 10Y*
- —
- ALL TIME*
- 8.50%
SKYW
- 1D
- -4.20%
- 1M
- 2.74%
- 6M
- -2.62%
- YTD
- -5.22%
- 1Y
- -15.36%
- 3Y*
- 32.33%
- 5Y*
- 19.04%
- 10Y*
- 12.97%
- ALL TIME*
- 14.06%
PSN vs. SKYW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
PSN Parsons Corporation | -10.71% | -33.01% | 47.11% | 35.59% | 37.44% | -7.58% | -11.80% | 34.68% |
SKYW SkyWest, Inc. | -5.22% | 0.28% | 91.82% | 216.17% | -57.99% | -2.51% | -37.31% | 7.42% |
Correlation
The correlation between PSN and SKYW is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.28 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.32 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.35 |
Correlation (All Time) Calculated using the full available price history since May 8, 2019 | 0.35 |
Fundamentals
PSN:
$5.90B
SKYW:
$3.77B
PSN:
$3.15
SKYW:
$10.44
PSN:
17.54
SKYW:
9.11
PSN:
0.43
SKYW:
0.04
PSN:
0.63
SKYW:
0.95
PSN:
$6.30B
SKYW:
$4.12B
PSN:
$1.08B
SKYW:
$1.73B
PSN:
$507.45M
SKYW:
$970.77M
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Return for Risk
PSN vs. SKYW — Risk / Return Rank
PSN
SKYW
PSN vs. SKYW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Parsons Corporation (PSN) and SkyWest, Inc. (SKYW). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PSN | SKYW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.16 | ||
| Sortino ratioReturn per unit of downside risk | -0.17 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 0.96 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | -0.55 | -0.42 | -0.13 |
| Martin ratioReturn relative to average drawdown | -0.96 | -0.73 | -0.22 |
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Drawdowns
PSN vs. SKYW - Drawdown Comparison
The maximum PSN drawdown since its inception was -58.48%, smaller than the maximum SKYW drawdown of -81.77%. Use the drawdown chart below to compare losses from any high point for PSN and SKYW.
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Drawdown Indicators
| PSN | SKYW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.48% | -81.77% | +23.29% |
Max Drawdown (1Y)Largest decline over 1 year | -47.31% | -36.63% | -10.68% |
Max Drawdown (3Y)Largest decline over 3 years | -58.48% | -36.63% | -21.85% |
Max Drawdown (5Y)Largest decline over 5 years | -58.48% | -71.50% | +13.02% |
Max Drawdown (10Y)Largest decline over 10 years | — | -81.77% | — |
Current DrawdownCurrent decline from peak | -51.30% | -23.08% | -28.22% |
Average DrawdownAverage peak-to-trough decline | -17.23% | -35.39% | +18.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 27.36% | 20.97% | +6.39% |
Volatility
PSN vs. SKYW - Volatility Comparison
Parsons Corporation (PSN) has a higher volatility of 15.16% compared to SkyWest, Inc. (SKYW) at 8.91%. This indicates that PSN's price experiences larger fluctuations and is considered to be riskier than SKYW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PSN | SKYW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.16% | 8.91% | +6.25% |
Volatility (6M)Calculated over the trailing 6-month period | 33.18% | 28.06% | +5.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 45.32% | 36.64% | +8.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.06% | 43.35% | -9.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.22% | 51.50% | -16.28% |
Dividends
PSN vs. SKYW - Dividend Comparison
Neither PSN nor SKYW has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PSN Parsons Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SKYW SkyWest, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.35% | 0.74% | 0.90% | 0.60% | 0.52% | 0.84% |
Financials
PSN vs. SKYW - Financials Comparison
This section allows you to compare key financial metrics between Parsons Corporation and SkyWest, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
PSN vs. SKYW - Profitability Comparison
PSN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Parsons Corporation reported a gross profit of 0.00 and revenue of 1.49B. Therefore, the gross margin over that period was 0.0%.
SKYW - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, SkyWest, Inc. reported a gross profit of 591.07M and revenue of 1.01B. Therefore, the gross margin over that period was 58.3%.
PSN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Parsons Corporation reported an operating income of 95.67M and revenue of 1.49B, resulting in an operating margin of 6.4%.
SKYW - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, SkyWest, Inc. reported an operating income of 123.69M and revenue of 1.01B, resulting in an operating margin of 12.2%.
PSN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Parsons Corporation reported a net income of 52.93M and revenue of 1.49B, resulting in a net margin of 3.6%.
SKYW - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, SkyWest, Inc. reported a net income of 101.69M and revenue of 1.01B, resulting in a net margin of 10.0%.
Frequently Asked Questions
PSN and SKYW have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PSN has higher volatility (15.16%) compared to SKYW (8.91%). In terms of maximum drawdown, PSN dropped -58.48% vs SKYW's -81.77%.
SKYW currently has the higher Sharpe Ratio (-0.42 vs -0.58), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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