Shake Shack Inc. (SHAK)
NYSE: SHAK · Real-Time Price · USD
65.09
+2.34 (3.73%)
Aug 3, 2026, 1:29 PM EDT - Market open

Shake Shack Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingApr '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
1,4911,4451,2531,088900.49739.89
Revenue Growth
16.22%15.38%15.18%20.77%21.70%41.51%
Gross Profit
381.12368.59302.47248.94183.39145.26
Operating Income
57.0362.513.045.92-26.89-15.85
Net Income
41.1945.7310.2120.26-21.23-4.56
Earnings Per Share
0.981.090.240.48-0.54-0.12
EPS Growth
250.00%354.17%-50.00%---

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingApr '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Shack Sales
1,4351,3911,2081,047869.27714.99
Sales-Based Royalties
53.0551.5343.4939.8530.224.15
Initial Territory and Opening Fees
2.722.611.560.861.010.75
Revenue (Total)
1,4911,4451,2531,088900.49739.89

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingApr '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
0360.12320.71293.21311.23382.41
Total Debt
921.79886.42796.92759.17714.05679.17
Net Cash (Debt)
-921.79-526.3-476.21-465.96-402.83-296.77
Net Cash Growth
------
Net Cash Per Share
-21.93-12.58-10.77-10.61-10.27-7.81

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingApr '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
199.62222.36171.16132.1476.7458.4
Capital Expenditures
-183.69-165.85-135.5-146.17-142.56-101.5
Free Cash Flow
15.9356.5135.66-14.03-65.82-43.09
Free Cash Flow Growth
-60.08%58.48%----

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingApr '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
25.56%25.50%24.15%22.89%20.37%19.63%
Operating Margin
3.82%4.32%0.24%0.54%-2.99%-2.14%
Pretax Margin
4.49%5.02%1.14%1.56%-2.70%-2.34%
Profit Margin
3.01%3.44%0.86%1.93%-2.57%-0.81%
FCF Margin
1.07%3.91%2.85%-1.29%-7.31%-5.82%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
65.6974.47550.13158.21--
Forward PE
53.2653.46128.63176.0783.7083.70
P/FCF Ratio
175.0957.82148.37---
PS Ratio
1.872.264.222.761.863.71