Sky Harbour Group Corporation
SKYHReal EstateNASDAQReal Estate - Development · Last scanned Jul 18, 2026
Scan Results
Daily timeframePart of the real estate sector, Sky Harbour Group Corporation (SKYH) is listed under Real Estate - Development. The $797.4M market capitalization puts SKYH squarely in small-cap range for its industry. It develops, leases, and manages general aviation hangars for business aircraft.
Market Cap
$797.4M
Beta
1.31
P/E (TTM)
86.83
P/E (Fwd)
-54.84
EPS (TTM)
$0.12
EPS (Fwd)
$-0.19
ROE
4.7%
ROA
-2.7%
Cash
$12.1M
Total Debt
$555.9M
Free CF
-$153.5M
52W Change
2.9%
Annual Financials
Cash vs Debt
The company holds $12.1M in cash, though total debt stands at $555.9M. This level of leverage is common in the industry but worth monitoring as interest rate conditions evolve. Free cash flow is running at -$153.5M, which bears watching. Negative free cash flow can be acceptable during heavy investment periods but needs to improve over time. ROE of 4.7% points to modest capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. Revenue has grown from $1.8M (2022) to $27.5M (2025), reflecting a 1393% increase over the period.
Debt significantly exceeds cash reserves, which means the company's financial flexibility could be constrained during economic downturns. The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. At over 50x earnings, SKYH carries valuation risk — any slowdown in growth expectations could lead to meaningful price adjustments. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Sky Harbour Group Corporation's trajectory.