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SKYW vs. FIX
Performance
Return for Risk
Drawdowns
Volatility
Dividends
Financials

Performance

SKYW vs. FIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SkyWest, Inc. (SKYW) and Comfort Systems USA, Inc. (FIX). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, SKYW achieves a -15.89% return, which is significantly lower than FIX's 97.75% return. Over the past 10 years, SKYW has underperformed FIX with an annualized return of 13.35%, while FIX has yielded a comparatively higher 51.04% annualized return.


SKYW

1D
1.32%
1M
-3.84%
YTD
-15.89%
6M
-18.33%
1Y
-16.25%
3Y*
35.35%
5Y*
11.95%
10Y*
13.35%

FIX

1D
-3.69%
1M
-8.29%
YTD
97.75%
6M
84.29%
1Y
270.26%
3Y*
127.21%
5Y*
85.29%
10Y*
51.04%
*Multi-year figures are annualized to reflect compound growth (CAGR)

SKYW vs. FIX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
SKYW
SkyWest, Inc.
-15.89%0.28%91.82%216.17%-57.99%-2.51%-37.31%46.54%-15.60%46.83%
FIX
Comfort Systems USA, Inc.
97.75%120.86%106.89%79.62%16.98%88.98%6.73%15.07%0.73%32.13%

Correlation

The correlation between SKYW and FIX is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.34

Correlation (3Y)
Calculated over the trailing 3-year period

0.45

Correlation (5Y)
Calculated over the trailing 5-year period

0.46

Correlation (10Y)
Calculated over the trailing 10-year period

0.45

Correlation (All Time)
Calculated using the full available price history since Jun 30, 1997

0.33

The correlation between SKYW and FIX shifts across timeframes, from 0.33 (all time) to 0.46 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap

SKYW:

$3.43B

FIX:

$65.00B

EPS

SKYW:

$10.42

FIX:

$34.64

PE Ratio

SKYW:

8.10

FIX:

53.23

PEG Ratio

SKYW:

0.04

FIX:

0.80

PS Ratio

SKYW:

0.84

FIX:

6.43

Total Revenue (TTM)

SKYW:

$4.12B

FIX:

$10.14B

Gross Profit (TTM)

SKYW:

$1.73B

FIX:

$2.55B

EBITDA (TTM)

SKYW:

$970.77M

FIX:

$1.70B

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Return for Risk

SKYW vs. FIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SKYW
SKYW Risk / Return Rank: 2323
Overall Rank
SKYW Sharpe Ratio Rank: 2222
Sharpe Ratio Rank
SKYW Sortino Ratio Rank: 2121
Sortino Ratio Rank
SKYW Omega Ratio Rank: 2222
Omega Ratio Rank
SKYW Calmar Ratio Rank: 2626
Calmar Ratio Rank
SKYW Martin Ratio Rank: 2525
Martin Ratio Rank

FIX
FIX Risk / Return Rank: 9898
Overall Rank
FIX Sharpe Ratio Rank: 9999
Sharpe Ratio Rank
FIX Sortino Ratio Rank: 9797
Sortino Ratio Rank
FIX Omega Ratio Rank: 9797
Omega Ratio Rank
FIX Calmar Ratio Rank: 9999
Calmar Ratio Rank
FIX Martin Ratio Rank: 9999
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SKYW vs. FIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SkyWest, Inc. (SKYW) and Comfort Systems USA, Inc. (FIX). 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.


SKYWFIXDifference
Sharpe ratioReturn per unit of total volatility

-5.55

Sortino ratioReturn per unit of downside risk

-5.39

Omega ratioGain probability vs. loss probability

0.95

1.66

-0.71

Calmar ratioReturn relative to maximum drawdown

-0.45

19.77

-20.21

Martin ratioReturn relative to average drawdown

-0.84

61.42

-62.26

SKYW vs. FIX - Sharpe Ratio Comparison

The current SKYW Sharpe Ratio is -0.45, which is lower than the FIX Sharpe Ratio of 5.10. The chart below compares the historical Sharpe Ratios of SKYW and FIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Sharpe Ratios by Period


SKYWFIXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.45

5.10

-5.55

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.28

1.93

-1.65

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.26

1.21

-0.95

Sharpe Ratio (All Time)

Calculated using the full available price history

0.24

0.40

-0.16

Drawdowns

SKYW vs. FIX - Drawdown Comparison

The maximum SKYW drawdown since its inception was -81.77%, smaller than the maximum FIX drawdown of -93.36%. Use the drawdown chart below to compare losses from any high point for SKYW and FIX.


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Drawdown Indicators


SKYWFIXDifference

Max Drawdown

Largest peak-to-trough decline

-81.77%

-93.36%

+11.59%

Max Drawdown (1Y)

Largest decline over 1 year

-36.63%

-13.77%

-22.86%

Max Drawdown (3Y)

Largest decline over 3 years

-36.63%

-46.05%

+9.42%

Max Drawdown (5Y)

Largest decline over 5 years

-71.50%

-46.05%

-25.45%

Max Drawdown (10Y)

Largest decline over 10 years

-81.77%

-49.68%

-32.09%

Current Drawdown

Current decline from peak

-31.74%

-9.68%

-22.06%

Average Drawdown

Average peak-to-trough decline

-35.43%

-38.08%

+2.65%

Ulcer Index

Depth and duration of drawdowns from previous peaks

19.42%

4.42%

+15.00%

Volatility

SKYW vs. FIX - Volatility Comparison

The current volatility for SkyWest, Inc. (SKYW) is 10.81%, while Comfort Systems USA, Inc. (FIX) has a volatility of 13.00%. This indicates that SKYW experiences smaller price fluctuations and is considered to be less risky than FIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


SKYWFIXDifference

Volatility (1M)

Calculated over the trailing 1-month period

10.81%

13.00%

-2.19%

Volatility (6M)

Calculated over the trailing 6-month period

26.99%

37.63%

-10.64%

Volatility (1Y)

Calculated over the trailing 1-year period

36.34%

53.38%

-17.04%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

43.53%

44.47%

-0.94%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

51.45%

42.35%

+9.10%

Dividends

SKYW vs. FIX - Dividend Comparison

SKYW has not paid dividends to shareholders, while FIX's dividend yield for the trailing twelve months is around 0.14%.


PositionTTM20252024202320222021202020192018201720162015
FIX
Comfort Systems USA, Inc.
0.14%0.21%0.28%0.41%0.49%0.49%0.81%0.79%0.76%0.68%0.83%0.88%
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

SKYW vs. FIX - Financials Comparison

This section allows you to compare key financial metrics between SkyWest, Inc. and Comfort Systems USA, 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.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


500.00M1.00B1.50B2.00B2.50B3.00B20222023202420252026
1.01B
2.87B
(SKYW) Total Revenue
(FIX) Total Revenue
Values in USD except per share items

SKYW vs. FIX - Profitability Comparison

The chart below illustrates the profitability comparison between SkyWest, Inc. and Comfort Systems USA, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

-20.0%0.0%20.0%40.0%60.0%20222023202420252026
58.3%
26.3%
Portfolio components
SKYW - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 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%.

FIX - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Comfort Systems USA, Inc. reported a gross profit of 754.41M and revenue of 2.87B. Therefore, the gross margin over that period was 26.3%.

SKYW - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, SkyWest, Inc. reported an operating income of 123.69M and revenue of 1.01B, resulting in an operating margin of 12.2%.

FIX - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Comfort Systems USA, Inc. reported an operating income of 485.72M and revenue of 2.87B, resulting in an operating margin of 17.0%.

SKYW - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, SkyWest, Inc. reported a net income of 101.69M and revenue of 1.01B, resulting in a net margin of 10.0%.

FIX - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Comfort Systems USA, Inc. reported a net income of 370.38M and revenue of 2.87B, resulting in a net margin of 12.9%.


Frequently Asked Questions


SKYW and FIX have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

FIX has higher volatility (13.00%) compared to SKYW (10.81%). In terms of maximum drawdown, SKYW dropped -81.77% vs FIX's -93.36%.

FIX currently has the higher Sharpe Ratio (5.10 vs -0.45), 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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