Shake Shack Inc. (SHAK)
NYSE: SHAK · Real-Time Price · USD
75.82
+1.97 (2.67%)
At close: Aug 21, 2026, 4:00 PM EDT
75.81
-0.01 (-0.01%)
After-hours: Aug 21, 2026, 7:57 PM EDT
Shake Shack Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jul '26 Jul 1, 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 |
Net Income | 39.72 | 45.73 | 10.21 | 20.26 | -21.23 | -4.56 |
Depreciation & Amortization | 113.35 | 106.6 | 102.47 | 91.24 | 72.8 | 58.99 |
Other Amortization | 3.11 | 3.24 | 3.19 | 2.85 | 2.55 | 2.11 |
Loss (Gain) From Sale of Assets | - | - | - | - | - | 1.63 |
Asset Writedown & Restructuring Costs | 3.6 | 5.25 | 32.37 | 3.01 | 2.43 | - |
Loss (Gain) From Sale of Investments | - | - | -0.44 | -1.7 | 0.16 | 0.28 |
Stock-Based Compensation | 18.84 | 19.5 | 15.92 | 14.89 | 13.33 | 8.7 |
Other Operating Activities | 116.66 | 109.49 | 76.89 | 59.55 | 52.13 | 35.31 |
Change in Accounts Receivable | -9.73 | -9.55 | -2.84 | -2.97 | 9.14 | -4.19 |
Change in Inventory | -1.33 | -1.17 | -0.61 | -1.22 | -0.33 | -0.96 |
Change in Accounts Payable | 2.21 | -1.53 | 3.36 | 0.69 | 3.54 | -6.45 |
Change in Other Net Operating Assets | -94.83 | -55.21 | -69.34 | -54.45 | -57.76 | -32.46 |
Operating Cash Flow | 191.6 | 222.36 | 171.16 | 132.14 | 76.74 | 58.4 |
Operating Cash Flow Growth | 4.60% | 29.91% | 29.53% | 72.19% | 31.40% | 56.37% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jul '26 Jul 1, 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 |
Capital Expenditures | -203.31 | -165.85 | -135.5 | -146.17 | -142.56 | -101.5 |
Investment in Securities | - | - | 69.42 | 13.85 | -0.87 | -43.4 |
Investing Cash Flow | -203.31 | -165.85 | -66.08 | -132.32 | -143.42 | -144.89 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jul '26 Jul 1, 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 |
Long-Term Debt Issued | - | - | - | - | - | 243.75 |
Total Debt Issued | - | - | - | - | - | 243.75 |
Long-Term Debt Repaid | - | -5.51 | -3.96 | -3.27 | -2.97 | -2.69 |
Total Debt Repaid | -6.13 | -5.51 | -3.96 | -3.27 | -2.97 | -2.69 |
Net Debt Issued (Repaid) | -6.13 | -5.51 | -3.96 | -3.27 | -2.97 | 241.06 |
Issuance of Common Stock | 0.07 | 0.12 | 1.63 | 0.74 | 0.42 | 6.73 |
Repurchase of Common Stock | -6.26 | -9.82 | -6.2 | -2.99 | -2.24 | -3.55 |
Other Financing Activities | -4.8 | -1.89 | -0.48 | -0.16 | -0.41 | -2.21 |
Financing Cash Flow | -17.13 | -17.1 | -9.02 | -5.68 | -5.2 | 242.02 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jul '26 Jul 1, 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 |
Foreign Exchange Rate Adjustments | -0 | - | 0 | -0 | -0 | -0 |
Net Cash Flow | -28.84 | 39.41 | 96.06 | -5.87 | -71.89 | 155.53 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jul '26 Jul 1, 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 |
Free Cash Flow | -11.72 | 56.51 | 35.66 | -14.03 | -65.82 | -43.09 |
Free Cash Flow Growth | - | 58.48% | - | - | - | - |
Free Cash Flow Margin | -0.76% | 3.91% | 2.85% | -1.29% | -7.31% | -5.82% |
Free Cash Flow Per Share | -0.28 | 1.35 | 0.81 | -0.32 | -1.68 | -1.10 |
Levered Free Cash Flow | -41.69 | 29.68 | 16.5 | -32.24 | -55.95 | -38.05 |
Unlevered Free Cash Flow | -41.4 | 29.99 | 16.73 | -32.22 | -56.05 | -37.93 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jul '26 Jul 1, 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 Interest Paid | 0.92 | 0.82 | 0.88 | 0.54 | 0.25 | 0.25 |
Cash Income Tax Paid | 3.51 | 4.26 | 6.53 | 4.06 | 3.73 | 2.81 |
Change in Working Capital | -103.68 | -67.45 | -69.44 | -57.96 | -45.41 | -44.07 |