SHAK
Shake Shack Inc
NYSE: SHAK · CONSUMER CYCLICAL · RESTAURANTS
$100.61
+0.46% today
Updated 2026-04-29
Market cap
$4.30B
P/E ratio
92.30
P/S ratio
2.97x
EPS (TTM)
$1.09
Dividend yield
—
52W range
$77 – $145
Volume
1.3M
Shake Shack Inc (SHAK) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $57.04M | $82.46M | $118.53M | $190.59M | $268.48M | $358.81M | $459.31M | $594.52M | $522.87M | $739.89M | $900.49M | $1.09B | $1.25B | $1.45B |
| Revenue growth (YoY) | — | +44.6% | +43.7% | +60.8% | +40.9% | +33.6% | +28.0% | +29.4% | -12.1% | +41.5% | +21.7% | +20.8% | +15.2% | +15.4% |
| Cost of revenue | $31.21M | $43.96M | $64.24M | $98.83M | $139.29M | $190.08M | $248.19M | $328.99M | $310.15M | $433.38M | $518.94M | $609.29M | $678.69M | $1.19B |
| Gross profit | $25.83M | $38.49M | $54.29M | $91.76M | $129.18M | $168.73M | $211.12M | $265.53M | $212.72M | $306.52M | $381.54M | $478.24M | $573.92M | $259.80M |
| Gross margin | 45.3% | 46.7% | 45.8% | 48.1% | 48.1% | 47.0% | 46.0% | 44.7% | 40.7% | 41.4% | 42.4% | 44.0% | 45.8% | 18.0% |
| R&D | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | $12.04M | $19.34M | $27.94M | $53.03M | $52.38M | $67.20M | $85.43M | $114.10M | $115.84M | $146.42M | $188.52M | $209.39M | $242.12M | $176.23M |
| Operating income | $4.69M | $5.93M | $3.14M | $6.75M | $27.80M | $33.81M | $31.71M | $25.68M | $-43.88M | $-15.85M | $-26.89M | $5.92M | $3.04M | $85.76M |
| Operating margin | 8.2% | 7.2% | 2.7% | 3.5% | 10.4% | 9.4% | 6.9% | 4.3% | -8.4% | -2.1% | -3.0% | 0.5% | 0.2% | 5.9% |
| EBITDA | $8.71M | $11.84M | $8.95M | $16.98M | $43.37M | $183.64M | $62.23M | $68.65M | $5.58M | $44.48M | $51.53M | $111.74M | $120.89M | $181.37M |
| EBITDA margin | 15.3% | 14.4% | 7.6% | 8.9% | 16.2% | 51.2% | 13.5% | 11.5% | 1.1% | 6.0% | 5.7% | 10.3% | 9.7% | 12.5% |
| EBIT | $6.54M | $8.29M | $3.15M | $6.76M | $28.87M | $161.94M | $33.23M | $27.95M | $-44.66M | $-15.76M | $-22.77M | $18.70M | $16.29M | $74.77M |
| Interest expense | $156000.00 | $52000.00 | $365000.00 | $332000.00 | $374000.00 | $1.64M | $2.42M | $434000.00 | $815000.00 | $1.58M | $1.52M | $1.72M | $2.04M | $2.16M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $4.13M | $5.42M | $2.12M | $-8.78M | $12.45M | $-320000.00 | $15.18M | $19.83M | $-42.16M | $-4.56M | $-21.23M | $20.26M | $10.21M | $45.73M |
| Net income growth (YoY) | — | +31.2% | -60.9% | -514.4% | +241.8% | -102.6% | +4843.4% | +30.6% | -312.6% | +89.2% | -365.4% | +195.5% | -49.6% | +348.0% |
| Profit margin | 7.2% | 6.6% | 1.8% | -4.6% | 4.6% | -0.1% | 3.3% | 3.3% | -8.1% | -0.6% | -2.4% | 1.9% | 0.8% | 3.2% |