Shake Shack Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 25, 2024	Dec '23 Dec 27, 2023	Dec '22 Dec 28, 2022	Dec '21 Dec 29, 2021
Cash & Equivalents	360.12	320.71	224.65	230.52	302.41
Short-Term Investments	-	-	68.56	80.71	80
Cash & Short-Term Investments	360.12	320.71	293.21	311.23	382.41
Cash Growth	12.29%	9.38%	-5.79%	-18.61%	108.10%
Accounts Receivable	32.96	19.69	16.85	13.88	13.66
Inventory	7.18	6.01	5.4	4.18	3.85
Other Current Assets	30.08	21.8	18.97	14.7	9.76
Total Current Assets	430.35	368.22	334.43	343.99	409.68
Net Property, Plant & Equipment	1,133	976.21	929.29	834.52	736.66
Other Long-Term Assets	332.76	352.54	342.13	333.44	311.23
Total Assets	1,896	1,697	1,606	1,512	1,458
Accounts Payable	24.75	23.61	22.27	20.41	19.95
Accrued Expenses	128.84	88.43	75.69	65.52	51.53
Current Portion of Leases	63.55	55.74	49	42.24	35.52
Other Current Liabilities	27.78	19.54	17.1	19.55	14.5
Total Current Liabilities	244.92	187.31	164.07	147.72	121.5
Long-Term Debt	247.73	246.68	245.64	244.59	243.54
Long-Term Leases	575.14	494.5	464.53	427.23	400.11
Other Long-Term Liabilities	274.67	274.85	262.25	255.58	256.82
Total Long-Term Liabilities	1,098	1,016	972.42	927.4	900.47
Total Liabilities	1,342	1,203	1,136	1,075	1,022
Common Stock	0.04	0.04	0.04	0.04	0.04
Additional Paid-in Capital	452.58	442.99	426.6	415.65	405.94
Accumulated Other Comprehensive Income	-0	-0	-0	-	0
Retained Earnings	72.71	26.98	16.78	-3.49	3.55
Total Common Shareholders' Equity	525.33	470.02	443.42	412.2	409.54
Minority Interest	28.42	23.61	25.95	24.63	26.06
Shareholders' Equity	553.75	493.63	469.37	436.84	435.6
Total Liabilities & Equity	1,896	1,697	1,606	1,512	1,458
Total Debt	886.42	796.92	759.17	714.05	679.17
Net Cash (Debt)	-526.3	-476.21	-465.96	-402.83	-296.77
Net Cash Per Share	-12.58	-10.77	-10.61	-10.27	-
Book Value	525.33	470.02	443.42	412.2	409.54
Book Value Per Share	12.55	10.63	10.10	10.51	-
Tangible Book Value	525.33	470.02	443.42	412.2	409.54
Tangible Book Value Per Share	12.55	10.63	10.10	10.51	-

Updated Feb 26, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q