Shake Shack Inc. (SHAK)
NYSE: SHAK · Real-Time Price · USD
72.68
-2.36 (-3.14%)
At close: Nov 12, 2026, 4:00 PM EST
73.75
+1.07 (1.47%)
After-hours: Nov 12, 2026, 7:53 PM EST
Shake Shack Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Assets
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 | 319 | 360.12 | 320.71 | 224.65 | 230.52 | 302.41 |
Short-Term Investments | - | - | - | 68.56 | 80.71 | 80 |
Cash & Short-Term Investments | 319 | 360.12 | 320.71 | 293.21 | 311.23 | 382.41 |
Cash Growth | -10.83% | 12.29% | 9.38% | -5.79% | -18.61% | 108.10% |
Accounts Receivable | 30.56 | 19.84 | 15.82 | 14.01 | 12.22 | 10.65 |
Other Receivables | 21.11 | 31.05 | 16.63 | 14.97 | 1.66 | 3.01 |
Receivables | 51.67 | 50.89 | 32.45 | 28.98 | 13.88 | 13.66 |
Inventory | 7.56 | 7.18 | 6.01 | 5.4 | 4.18 | 3.85 |
Prepaid Expenses | 18.31 | 11.16 | 8.2 | 5.64 | 14.7 | 9.76 |
Other Current Assets | 0.82 | 0.99 | 0.84 | 1.19 | - | - |
Total Current Assets | 397.37 | 430.35 | 368.22 | 334.43 | 343.99 | 409.68 |
Property, Plant & Equipment | 1,264 | 1,133 | 976.21 | 929.29 | 834.52 | 736.66 |
Other Intangible Assets | - | 2.04 | 2.04 | 1.9 | 1.84 | 1.46 |
Long-Term Deferred Tax Assets | 315.44 | 322.39 | 341.59 | 326.21 | 317.63 | 298.67 |
Long-Term Deferred Charges | 0.01 | 2.4 | 4.07 | 5.61 | 6.27 | 6.43 |
Other Long-Term Assets | 8.12 | 5.94 | 4.85 | 8.41 | 7.71 | 4.67 |
Total Assets | 1,985 | 1,896 | 1,697 | 1,606 | 1,512 | 1,458 |
Liabilities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Accounts Payable | 25.09 | 24.75 | 23.61 | 22.27 | 20.41 | 19.95 |
Accrued Expenses | 114.99 | 138.92 | 95.43 | 81.76 | 70.88 | 56.11 |
Current Portion of Leases | 76.87 | 69.51 | 59.83 | 52.44 | 44.78 | 38.23 |
Current Unearned Revenue | 2.74 | 3.71 | 2.58 | 2.6 | 2.29 | 3.3 |
Other Current Liabilities | 11.26 | 8.03 | 5.87 | 4.99 | 9.36 | 3.92 |
Total Current Liabilities | 230.95 | 244.92 | 187.31 | 164.07 | 147.72 | 121.5 |
Long-Term Debt | 248.52 | 247.73 | 246.68 | 245.64 | 244.59 | 243.54 |
Long-Term Leases | 647.68 | 584.88 | 503.12 | 473.25 | 431.14 | 404.42 |
Long-Term Unearned Revenue | - | 19.15 | 17.06 | 17.16 | 14.34 | 12.67 |
Other Long-Term Liabilities | 263.33 | 245.77 | 249.17 | 236.37 | 237.33 | 239.85 |
Total Liabilities | 1,390 | 1,342 | 1,203 | 1,136 | 1,075 | 1,022 |
Shareholders' Equity
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Common Stock | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 |
Additional Paid-In Capital | 459.37 | 452.58 | 442.99 | 426.6 | 415.65 | 405.94 |
Retained Earnings | 104.59 | 72.71 | 26.98 | 16.78 | -3.49 | 3.55 |
Comprehensive Income & Other | -0.01 | -0 | -0 | -0 | - | 0 |
Total Common Equity | 563.99 | 525.33 | 470.02 | 443.42 | 412.2 | 409.54 |
Minority Interest | 30.83 | 28.42 | 23.61 | 25.95 | 24.63 | 26.06 |
Shareholders' Equity | 594.81 | 553.75 | 493.63 | 469.37 | 436.84 | 435.6 |
Total Liabilities & Equity | 1,985 | 1,896 | 1,697 | 1,606 | 1,512 | 1,458 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Total Debt | 973.08 | 902.13 | 809.62 | 771.33 | 720.51 | 686.19 |
Net Cash (Debt) | -654.07 | -542 | -488.91 | -478.12 | -409.28 | -303.78 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share | -15.62 | -12.95 | -11.06 | -10.89 | -10.43 | -7.77 |
Filing Date Shares Outstanding | 40.42 | 40.26 | 40.08 | 39.48 | 39.32 | 39.14 |
Total Common Shares Outstanding | 40.42 | 40.25 | 40.07 | 39.47 | 39.28 | 39.14 |
Working Capital | 166.42 | 185.43 | 180.9 | 170.37 | 196.27 | 288.18 |
Book Value Per Share | 13.95 | 13.05 | 11.73 | 11.23 | 10.49 | 10.46 |
Tangible Book Value | 563.99 | 523.29 | 467.98 | 441.51 | 410.37 | 408.08 |
Tangible Book Value Per Share | 13.95 | 13.00 | 11.68 | 11.18 | 10.45 | 10.43 |
Machinery | - | 313.07 | 273.02 | 232.07 | 175.92 | 137.24 |
Construction In Progress | - | 81.38 | 40.03 | 56.53 | 71.1 | 47.28 |
Leasehold Improvements | - | 757.04 | 676.1 | 594.02 | 494.21 | 413.89 |