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← CockpitCompetitor Analysis › SKYH Sky Harbour Group Corp. Class AOpen in the cockpit ↗

Sky Harbour Group Corp. Class ASKYHCompetitor analysis, valuation and peers

United States · USD·Real Estate›Real Estate Development
Momentum neutral 56
Mkt cap
$839M
US dollars, full cap
Free float
68%
of shares outstanding
$/day
$1.71M
20-day average traded
P/B
2.81×
price to book
ROE
0.8%
delivered
Implied ROE
27.7%
what the price asks
Next earnings
4 days
10 Nov 2026
Close · USD$10.28
1D+2.8%
1W+3.9%
1M+7.8%
3M-7.4%
6M+3.5%
YTD+14.6%
1Y+4.5%
ATR %2.9%
Beta0.92
52w lowhigh12.1% off high

What Sky Harbour does

Employees: 112

Sky Harbour at a glance

Size Sky Harbour (SKYH) is a United States Real Estate company (Real Estate Development) with a market value of $839M, the 2363rd largest of 3,117 United States companies the cockpit tracks. Shares closed at $10.28 on 6 Nov 2026.

Performance Over six months the shares gained 3.5%, against -10.3% for the median peer and -1.1% for the United States market (cap-weighted) — 4th highest of 21 in its peer set.

Growth Revenue grew 62.2% over the last twelve months (peer median -12.6%); the operating margin is -80.8% (peer median 5.1%).

Valuation It trades at 2.81× book value against a peer median of 0.98× (4th most expensive of 19).

Price implies The share price implies a return on equity of about 27.7%; Sky Harbour delivers 0.8%, so the price asks more than the business earns today.

Short interest Short interest is 7.3% of the free float (15 Oct 2026).

Next results Next results expected around 10 Nov 2026 (exchange calendar; dates can move).

Relative performance

9010011012011 May 202611 Aug 20266 Nov 2026SKYH 106Peer median 89
Six months, rebased to 100: Sky Harbour against the median of its 20 peers (local-currency closes).

Sky Harbour financials

Reported figures in USD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue$33.9M$27.5M$14.8M$7.58M$1.84M
Revenue growth—+87%+95%+311%—
Gross profit-$2.86M-$4.21M-$1.02M-$1.87M-$3.90M
EBITDA-$19.6M-$21.7M-$17.7M-$14.7M-$16.0M
Net income$926,000$18.8M-$45.2M-$16.2M-$3.18M
Free cash flow-$103M-$86.5M-$87.6M-$63.9M-$73.5M
Capital expenditure$103M$84.2M$78.5M$56.1M$46.0M
Total debt$608M$374M$323M$241M$216M

Quarterly statements and history in the cockpit →

Sky Harbour competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-40%-20%0%+20%-20%0%600683000025MRCJM002314W05600708DIOS2007007189343380600223FPAR-A600325MAXESTATESHWG000615PXASKYH6-month return →1-month return →
Up and to the right = strong over both horizons. Sky Harbour is the large dot.

Fundamentals: return on equity against price-to-book

-150%-100%-50%0%00×10×20×30×000025MRCJM002314W05600708DIOS3380600223600325MAXESTATESB61000615SKYHReturn on equity →Price / book →
A bank or insurer earning more on its equity usually trades at a higher multiple of book; points far above the trend are priced for more. Sky Harbour is the large dot.

Capital: ROE delivered against the ROE the price implies

-150%-100%-50%0%-150%-100%-50%0%000025MRCJM002314W056007083380600223600325000615SKYHROE delivered →ROE the price implies →
Above the diagonal = the price asks for a higher return on equity than the business earns today. Sky Harbour is the large dot.

Sky Harbour competitors and peer comparison

How Sky Harbour compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Sky Harbour against its 20 peers (data as of 6 Nov 2026)
MeasureSKYHPeer medianRank in peer set
1-month return+7.8%-5.1%3rd highest of 21
6-month return+3.5%-10.3%4th highest of 21
Return on equity0.8%1.3%9th lowest of 19
Price / book2.81×0.98×4th most expensive of 19
ROE the price implies27.7%8.7%2nd most demanding of 19
ROE delivered0.8%1.7%9th lowest of 18

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthROEPrice / bookImplied ROEDelivered ROE
Sky Harbour SKYHUnited States$839M+4%+62%1%2.81×27.7%0.8%
Metro Land 600683.SSChina$839M-48%+1,029%n/an/an/an/a
Shenzhen Tellus 000025.SZChina$843M-16%-60%8%3.18×25.7%7.6%
Morguard MRC.TOCanada$844M-6%-1%5%0.25×3.8%4.6%
Jm AB JM.STSweden$834M+7%-14%-1%1.02×9.7%-0.8%
Shenzhen New Nanshan Holding (Group) 002314.SZChina$833M-19%-55%-49%1.01×6.6%-48.8%
Wing Tai W05.SISingapore$846M-10%+168%1%0.36×2.6%0.8%
Bright Real Estate 600708.SSChina$849M-33%-54%-51%1.04×8.5%-50.7%
Dios Fastigheter DIOS.STSweden$851M-9%+1%10%0.66×6.4%9.7%
Country Garden 2007.HKHong Kong$853M-49%-42%n/an/an/an/a
Miramar Hotel & Investment 0071.HKHong Kong$862M-10%-11%3%0.32×3.7%3.2%
Sun Frontier Fudousan 8934.TJapan$816M-16%+3%13%0.95×6.5%13.3%
Logan 3380.HKHong Kong$816M-9%-69%-23%0.36×8.9%-22.7%
Lushang Freda Pharmaceutical 600223.SSChina$813M-19%+2%4%1.26×13.9%3.7%
FastPartner FPAR-A.STSweden$810M-7%-2%2%0.63×7.6%2.4%
Zhuhai Huafa Properties 600325.SSChina$871M-39%-18%-145%1.85×12.2%-145.3%
Max Estates MAXESTATES.NSIndia$872M+20%+5%1%3.39×56.8%n/a
Harworth HWG.LUnited Kingdom$879M+51%-35%-4%0.95×10.0%-3.7%
Bukit Sembawang Estates B61.SISingapore$880M-10%-37%8%0.67×4.3%7.9%
Jointown Aesthetics ValleyCo.,Ltd 000615.SZChina$791M-11%-35%-79%3.26×11.7%-78.7%
PEXA PXA.AXAustralia$896M-38%+3%2%1.16×10.1%1.7%

Questions

Which companies are Sky Harbour's closest peers?
The cockpit's peer set: Metro Land (600683.SS), Shenzhen Tellus (000025.SZ), Morguard (MRC.TO), Jm AB (JM.ST), Shenzhen New Nanshan Holding (Group) (002314.SZ), Wing Tai (W05.SI), Bright Real Estate (600708.SS), Dios Fastigheter (DIOS.ST).
Is Sky Harbour expensive compared with its peers?
On price / book it trades at 2.81× against a peer median of 0.98×, 4th most expensive of 19 in its peer set. The share price implies a return on equity of about 27.7%; Sky Harbour delivers 0.8%, so the price asks more than the business earns today.
How has Sky Harbour stock performed?
Over six months to 6 Nov 2026 the shares returned +3.5% against -10.3% for the median peer; over one year +4.5%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.