Symbols / SHAK Stock $102.46 +1.84% Shake Shack Inc.

Consumer Cyclical • Restaurants • United States • NYQ
SHAK (Stock) Chart
O: — H: — L: — C: — V: —
SMA 20: — SMA 50: — SMA 200: —
Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Consumer Cyclical
Industry Restaurants
CEO —
Exch · Country NYQ · United States
Market Cap 4.37B
Enterprise Value 4.62B
Income 45.73M
Sales 1.45B
FCF (ttm) 29.68M
Book/sh 13.05
Cash/sh 8.95
Employees 13,873
Insider 10d —
IPO Jan 30, 2015
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 0.00%
P/E 94.00
Forward P/E 58.32
PEG —
P/S 3.03
P/B 7.85
P/C —
EV/EBITDA 26.50
EV/Sales 3.20
Quick Ratio 1.68
Current Ratio 1.76
Debt/Eq 162.91
LT Debt/Eq —
EPS (ttm) 1.09
EPS next Y 1.76
EPS Growth 28.70%
Revenue Growth 21.90%
EPS Gr Q/Q 35.80%
Rev Gr Q/Q —
Earnings (next) 2026-05-07
Earnings (prior) 2026-02-26
ROA 2.36%
ROE 9.49%
ROIC —
Gross Margin 40.22%
Oper. Margin 5.13%
Profit Margin 3.16%
Shs Outstand 40.26M
Shs Float 38.46M
Insider Own 4.86%
Instit Own 107.35%
Short Float 23.91%
Short Ratio 5.82
Short Interest 6.67M
52W High 144.65
vs 52W High -29.17%
52W Low 76.51
vs 52W Low 33.92%
Beta 1.75
Impl. Vol. 57.67%
Rel Volume 0.64
Avg Volume 1.30M
Volume 827.13K
Target (mean) $115.04
Tgt Median $118.00
Tgt Low $95.00
Tgt High $150.00
# Analysts 26
Recom Buy
Prev Close $100.61
Price $102.46
Change 1.84%
About

Shake Shack Inc. owns, operates, and licenses Shake Shack restaurants (Shacks) in the United States and internationally. It offers burger, chicken, hot dogs, crinkle cut fries, shakes, frozen custard, beer, wine, and other products. The company was founded in 2001 and is based in New York, New York.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$115.04
Mean price target
2. Current target
$102.46
Latest analyst target
3. DCF / Fair value
$13.27
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$102.46
Low
$95.00
High
$150.00
Mean
$115.04

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-04-27 main DA Davidson Buy → Buy $125
2026-04-24 main JP Morgan Neutral → Neutral $100
2026-04-24 init Guggenheim — → Buy $120
2026-04-10 up Mizuho Neutral → Outperform $120
2026-03-31 up B of A Securities Underperform → Neutral $101
2026-03-09 init Wolfe Research — → Outperform $118
2026-03-06 init DA Davidson — → Buy $125
2026-03-02 main Truist Securities Buy → Buy $148
2026-02-27 main Wells Fargo Equal-Weight → Equal-Weight $100
2026-02-27 main Baird Neutral → Neutral $108
2026-02-26 main TD Cowen Hold → Hold $105
2026-01-20 up Morgan Stanley Equal-Weight → Overweight $125
2026-01-07 main Barclays Overweight → Overweight $110
2026-01-06 up Deutsche Bank Hold → Buy $105
2025-12-18 up JP Morgan Underweight → Neutral $90
2025-12-17 main Wells Fargo Equal-Weight → Equal-Weight $90
2025-12-17 init Freedom Capital Markets — → Buy $120
2025-11-14 up Loop Capital Hold → Buy $127
2025-10-31 main Piper Sandler Neutral → Neutral $102
2025-10-31 main Stifel Hold → Hold $105
News
RSS: Latest SHAK news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-04-15 SENTELL STEPHANIE ANN Chief Operating Officer — 258 $102.21 $26,370
2026-03-06 SENTELL STEPHANIE ANN Chief Operating Officer — 225 $93.60 $21,060
2026-02-27 LYNCH ROBERT Chief Executive Officer — 26,685 $0.00 $0
2026-02-27 SHAKE SHACK INC. Officer — 1,326 $0.00 $0
2026-02-27 SENTELL STEPHANIE ANN Chief Operating Officer — 6,397 $0.00 $0
2026-01-20 SENTELL STEPHANIE ANN Chief Operating Officer — 200 $99.19 $19,838
2025-12-19 SENTELL STEPHANIE ANN Chief Operating Officer — 200 $85.78 $17,156
2025-11-25 SENTELL STEPHANIE ANN Chief Operating Officer — 1,100 $85.03 $93,657
2025-07-08 FOGERTEY KATHERINE IRENE Chief Financial Officer — 2,693 $140.03 $379,625
2025-07-02 MEYER DANIEL HARRIS Director and Beneficial Owner of more than 10% of a Class of Security — 30,000 $137.78 $4,189,127
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
1,445.31
+15.38%
1,252.61
+15.18%
1,087.53
+20.77%
900.49
Operating Revenue
1,445.31
+15.38%
1,252.61
+15.18%
1,087.53
+20.77%
900.49
Cost Of Revenue
757.41
+11.60%
678.69
+11.39%
609.29
+17.41%
518.94
Reconciled Cost Of Revenue
755.22
+11.63%
676.55
+11.37%
607.50
+17.40%
517.44
Gross Profit
687.90
+19.86%
573.92
+20.01%
478.24
+25.34%
381.54
Operating Expense
602.14
+15.14%
522.97
+16.19%
450.08
+15.12%
390.96
Selling General And Administration
282.87
+16.83%
242.12
+15.63%
209.39
+11.07%
188.52
General And Administrative Expense
282.87
+16.83%
242.12
+15.63%
209.39
+11.07%
188.52
Other Gand A
176.23
+18.24%
149.05
+15.06%
129.54
+7.94%
120.01
Other Operating Expenses
212.68
+19.23%
178.38
+19.36%
149.45
+15.27%
129.65
Total Expenses
1,359.55
+13.14%
1,201.65
+13.43%
1,059.37
+16.43%
909.90
Operating Income
85.76
+68.31%
50.95
+80.95%
28.16
+398.96%
-9.42
Total Operating Income As Reported
62.51
+1957.54%
3.04
-48.69%
5.92
+122.02%
-26.89
EBITDA
183.56
+51.83%
120.89
+8.20%
111.74
+116.84%
51.53
Normalized EBITDA
206.81
+22.51%
168.81
+26.00%
133.97
+94.16%
69.00
Reconciled Depreciation
108.79
+4.00%
104.61
+12.43%
93.04
+25.23%
74.30
EBIT
74.77
+359.01%
16.29
-12.88%
18.70
+182.12%
-22.77
Total Unusual Items
-23.25
+51.48%
-47.91
-115.46%
-22.24
-27.26%
-17.48
Total Unusual Items Excluding Goodwill
-23.25
+51.48%
-47.91
-115.46%
-22.24
-27.26%
-17.48
Special Income Charges
-23.25
+51.48%
-47.91
-115.46%
-22.24
-27.26%
-17.48
Other Special Charges
18.00
+15.78%
15.55
-19.16%
19.23
+27.78%
15.05
Impairment Of Capital Assets
5.25
-83.79%
32.37
+976.42%
3.01
+24.00%
2.42
Net Income
45.73
+347.98%
10.21
-49.63%
20.26
+195.45%
-21.23
Pretax Income
72.61
+409.75%
14.24
-16.11%
16.98
+169.92%
-24.29
Net Non Operating Interest Income Expense
-2.16
-5.57%
-2.04
-19.10%
-1.72
-13.11%
-1.52
Interest Expense Non Operating
2.16
+5.57%
2.04
+19.10%
1.72
+13.11%
1.52
Net Interest Income
-2.16
-5.57%
-2.04
-19.10%
-1.72
-13.11%
-1.52
Interest Expense
2.16
+5.57%
2.04
+19.10%
1.72
+13.11%
1.52
Other Income Expense
-10.99
+68.30%
-34.66
-266.35%
-9.46
+29.11%
-13.35
Other Non Operating Income Expenses
12.26
-7.48%
13.25
+3.72%
12.78
+209.57%
4.13
Tax Provision
22.90
+568.90%
3.42
+185.39%
-4.01
-239.83%
-1.18
Tax Rate For Calcs
0.00
+31.25%
0.00
+14.29%
0.00
+328.57%
0.00
Tax Effect Of Unusual Items
-7.32
+36.32%
-11.50
-146.25%
-4.67
-445.38%
-0.86
Net Income Including Noncontrolling Interests
49.71
+359.39%
10.82
-48.45%
20.99
+190.85%
-23.11
Net Income From Continuing Operation Net Minority Interest
45.73
+347.98%
10.21
-49.63%
20.26
+195.45%
-21.23
Net Income From Continuing And Discontinued Operation
45.73
+347.98%
10.21
-49.63%
20.26
+195.45%
-21.23
Net Income Continuous Operations
49.71
+359.39%
10.82
-48.45%
20.99
+190.85%
-23.11
Minority Interests
-3.98
-549.43%
-0.61
+15.56%
-0.73
-138.70%
1.88
Normalized Income
61.65
+32.23%
46.62
+23.24%
37.83
+920.60%
-4.61
Net Income Common Stockholders
45.73
+347.98%
10.21
-49.63%
20.26
+195.45%
-21.23
Diluted EPS
1.09
+354.17%
0.24
-48.94%
0.47
+177.05%
-0.61
Basic EPS
1.14
+338.46%
0.26
-48.00%
0.50
+181.97%
-0.61
Basic Average Shares
40.21
+0.96%
39.83
+1.04%
39.42
+0.46%
39.24
Diluted Average Shares
41.85
-5.33%
44.20
+0.69%
43.90
+11.88%
39.24
Diluted NI Availto Com Stockholders
45.73
+322.60%
10.82
-48.45%
20.99
+198.87%
-21.23
Average Dilution Earnings
0.00
-100.00%
0.61
-15.56%
0.73
0.00
Depreciation Amortization Depletion Income Statement
106.60
+4.03%
102.47
+12.30%
91.24
+25.34%
72.80
Depreciation And Amortization In Income Statement
106.60
+4.03%
102.47
+12.30%
91.24
+25.34%
72.80
Rent And Landing Fees
106.63
+14.57%
93.07
+16.56%
79.85
+16.55%
68.51
Rent Expense Supplemental
106.63
+14.57%
93.07
+16.56%
79.85
+16.55%
68.51
Line Item Trend 2023-12-31
Total Assets
1,605.86
Current Assets
334.43
Cash Cash Equivalents And Short Term Investments
293.21
Cash And Cash Equivalents
224.65
Other Short Term Investments
68.56
Receivables
28.98
Accounts Receivable
14.01
Gross Accounts Receivable
14.01
Allowance For Doubtful Accounts Receivable
—
Other Receivables
14.97
Inventory
5.40
Prepaid Assets
5.64
Other Current Assets
1.19
Total Non Current Assets
1,271.42
Net PPE
929.29
Gross PPE
1,306.05
Accumulated Depreciation
-376.76
Properties
0.00
Machinery Furniture Equipment
133.29
Construction In Progress
56.53
Other Properties
522.20
Leases
594.02
Non Current Deferred Assets
326.21
Non Current Deferred Taxes Assets
326.21
Other Non Current Assets
15.93
Total Liabilities Net Minority Interest
1,136.49
Current Liabilities
164.07
Payables And Accrued Expenses
104.04
Payables
28.35
Accounts Payable
22.27
Current Accrued Expenses
75.69
Total Tax Payable
6.08
Current Debt And Capital Lease Obligation
52.44
Current Capital Lease Obligation
52.44
Current Deferred Liabilities
2.60
Current Deferred Revenue
2.60
Other Current Liabilities
4.99
Total Non Current Liabilities Net Minority Interest
972.42
Long Term Debt And Capital Lease Obligation
718.89
Long Term Debt
245.64
Long Term Capital Lease Obligation
473.25
Tradeand Other Payables Non Current
235.61
Non Current Deferred Liabilities
17.16
Non Current Deferred Revenue
17.16
Other Non Current Liabilities
0.76
Stockholders Equity
443.42
Common Stock Equity
443.42
Capital Stock
0.04
Common Stock
0.04
Preferred Stock
0.00
Share Issued
39.47
Ordinary Shares Number
39.47
Treasury Shares Number
0.00
Additional Paid In Capital
426.60
Retained Earnings
16.78
Gains Losses Not Affecting Retained Earnings
-0.00
Minority Interest
25.95
Other Equity Adjustments
-0.00
Total Equity Gross Minority Interest
469.37
Total Capitalization
689.05
Working Capital
170.37
Invested Capital
689.05
Total Debt
771.33
Net Debt
20.98
Capital Lease Obligations
525.69
Net Tangible Assets
443.42
Tangible Book Value
443.42
Current Provisions
0.68
Dueto Related Parties Non Current
235.61
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
222.35
+29.91%
171.16
+29.53%
132.14
+72.19%
76.74
Cash Flow From Continuing Operating Activities
222.35
+29.91%
171.16
+29.53%
132.14
+72.19%
76.74
Net Income From Continuing Operations
49.71
+359.39%
10.82
-48.45%
20.99
+190.85%
-23.11
Depreciation Amortization Depletion
108.79
+4.00%
104.61
+12.43%
93.04
+25.23%
74.30
Depreciation
106.60
+4.03%
102.47
+12.30%
91.24
+25.34%
72.80
Amortization Cash Flow
2.19
+2.34%
2.14
+18.91%
1.80
+19.87%
1.50
Depreciation And Amortization
108.79
+4.00%
104.61
+12.43%
93.04
+25.23%
74.30
Amortization Of Intangibles
2.19
+2.34%
2.14
+18.91%
1.80
+19.87%
1.50
Other Non Cash Items
89.94
+14.76%
78.38
+13.68%
68.94
+14.78%
60.07
Stock Based Compensation
19.50
+22.54%
15.91
+6.90%
14.89
+11.72%
13.33
Asset Impairment Charge
5.25
-83.79%
32.37
+976.42%
3.01
+24.00%
2.42
Deferred Tax
16.62
+1676.47%
-1.05
+88.38%
-9.07
-80.97%
-5.01
Deferred Income Tax
16.62
+1676.47%
-1.05
+88.38%
-9.07
-80.97%
-5.01
Operating Gains Losses
—
—
-0.08
—
Gain Loss On Investment Securities
—
—
-0.08
—
Unrealized Gain Loss On Investment Securities
—
0.00
0.00
-100.00%
0.16
Change In Working Capital
-67.45
+2.86%
-69.44
-19.81%
-57.95
-27.63%
-45.41
Change In Receivables
-9.55
-236.25%
-2.84
+4.41%
-2.97
-132.50%
9.14
Changes In Account Receivables
-9.55
-236.25%
-2.84
+4.41%
-2.97
-132.50%
9.14
Change In Inventory
-1.17
-91.48%
-0.61
+50.00%
-1.22
-265.27%
-0.33
Change In Prepaid Assets
-3.12
-18.49%
-2.63
-16.69%
-2.25
+8.90%
-2.47
Change In Payables And Accrued Expense
28.43
+96.41%
14.48
+7.02%
13.53
+36.62%
9.90
Change In Accrued Expense
29.96
+169.41%
11.12
-13.39%
12.84
+101.87%
6.36
Change In Payable
-1.53
-145.50%
3.36
+388.50%
0.69
-80.60%
3.54
Change In Account Payable
-1.53
-145.50%
3.36
+388.50%
0.69
-80.60%
3.54
Change In Other Current Assets
-5.96
-105.77%
-2.90
+54.08%
-6.31
+21.80%
-8.06
Change In Other Current Liabilities
-76.09
-1.54%
-74.94
-27.59%
-58.73
-9.62%
-53.58
Investing Cash Flow
-165.85
-150.99%
-66.08
+50.06%
-132.32
+7.74%
-143.42
Cash Flow From Continuing Investing Activities
-165.85
-150.99%
-66.08
+50.06%
-132.32
+7.74%
-143.42
Net PPE Purchase And Sale
-165.85
-22.40%
-135.50
+7.30%
-146.17
-2.53%
-142.56
Purchase Of PPE
-165.85
-22.40%
-135.50
+7.30%
-146.17
-2.53%
-142.56
Capital Expenditure
-165.85
-22.40%
-135.50
+7.30%
-146.17
-2.53%
-142.56
Net Investment Purchase And Sale
0.00
-100.00%
69.42
+401.34%
13.85
+1700.81%
-0.86
Purchase Of Investment
0.00
0.00
+100.00%
-94.71
-10849.02%
-0.86
Sale Of Investment
0.00
-100.00%
69.42
-36.05%
108.56
0.00
Financing Cash Flow
-17.10
-89.61%
-9.02
-58.64%
-5.68
-9.27%
-5.20
Cash Flow From Continuing Financing Activities
-17.10
-89.61%
-9.02
-58.64%
-5.68
-9.27%
-5.20
Net Issuance Payments Of Debt
-5.51
-39.03%
-3.96
-21.15%
-3.27
-10.02%
-2.97
Issuance Of Debt
—
—
0.00
0.00
Repayment Of Debt
-5.51
-39.03%
-3.96
-21.15%
-3.27
-10.02%
-2.97
Long Term Debt Issuance
—
—
0.00
0.00
Long Term Debt Payments
-5.51
-39.03%
-3.96
-21.15%
-3.27
-10.02%
-2.97
Net Long Term Debt Issuance
-5.51
-39.03%
-3.96
-21.15%
-3.27
-10.02%
-2.97
Short Term Debt Issuance
—
—
—
0.00
Short Term Debt Payments
—
—
—
0.00
Net Short Term Debt Issuance
—
—
—
0.00
Net Common Stock Issuance
—
—
—
0.00
Proceeds From Stock Option Exercised
0.12
-92.44%
1.63
+118.68%
0.74
+75.47%
0.42
Net Other Financing Charges
-11.71
-75.28%
-6.68
-111.66%
-3.16
-19.00%
-2.65
Changes In Cash
39.41
-58.97%
96.06
+1737.83%
-5.87
+91.84%
-71.88
Effect Of Exchange Rate Changes
0.00
-100.00%
0.00
+166.67%
-0.00
-200.00%
-0.00
Beginning Cash Position
320.71
+42.76%
224.65
-2.55%
230.52
-23.77%
302.41
End Cash Position
360.12
+12.29%
320.71
+42.76%
224.65
-2.55%
230.52
Free Cash Flow
56.51
+58.48%
35.66
+354.18%
-14.03
+78.69%
-65.82
Interest Paid Supplemental Data
0.82
-7.03%
0.88
+64.25%
0.54
+113.10%
0.25
Income Tax Paid Supplemental Data
4.26
-34.77%
6.53
+61.02%
4.06
+8.71%
3.73
Amortization Of Securities
0.00
+100.00%
-0.44
+72.84%
-1.62
0.00
Common Stock Issuance
—
—
—
0.00
Issuance Of Capital Stock
—
—
—
0.00
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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