Consumer Cyclical · Restaurants
Price
$63.91
Market Cap
$2.6B
Employees
12,826
Beta
1.78
Avg Volume
1,683,070
CEO
Robert Lynch
Business Description
Shake Shack Inc. owns, operates, and licenses Shake Shack restaurants (Shacks) in the United States and internationally. Its Shacks offers hamburgers, hot dogs, chicken, crinkle cut fries, shakes, frozen custard, beer, wine, and other products. As of December 29, 2021, it operated 369 Shacks, including 218 domestic company-operated Shacks, 25 domestic licensed Shacks, and 126 international licensed Shacks. Shake Shack Inc. was founded in 2001 and is headquartered in New York, New York.
Business History
Price Overview
Last updated: May 14, 2026 3:08am (just now)$63.91
-2.12 (-3.21%)
Day Range
$63.83 – $66.31
52-Week Range
$63.51 – $144.65
50-Day MA
$91.94
200-Day MA
$93.92
Volume
1,502,990.00
Analyst Price Targets
Low
$76.00
Consensus
$104.60
High
$148.00
(68 analysts)
Share Structure
Outstanding
40,257,700.00
Float
38,543,423.00
Free Float
95.7%
High free float
— 95.7% of shares trade freely, ~4.3% held by insiders/institutions
Very liquid — most shares trade freely. Low insider ownership can mean less management alignment, but makes large position sizing straightforward.
Price History (1 Year)
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
API Direct from provider
CALC Derived from statements
P/E Ratio (Price per dollar of earnings)
APIStock Price / EPS (Diluted)
62.51
Stock Price: $63.91
EPS (Diluted): 1.14
EPS (Diluted): 1.14
P/B Ratio (Price vs net asset value)
APIStock Price / Book Value Per Share
6.21
Stock Price: $63.91
Total Equity: $525.33M
Shares: 41,847,000
Total Equity: $525.33M
Shares: 41,847,000
EV/EBITDA (Total value vs operating profit)
APIEnterprise Value / EBITDA
17.54
Market Cap: $2.57B
Total Debt: $317.24M
Cash: $360.12M
EBITDA: $181.37M
Total Debt: $317.24M
Cash: $360.12M
EBITDA: $181.37M
Enterprise Value (Takeover price (cap + debt - cash))
APIMarket Cap + Total Debt - Cash
$3.8B
Market Cap: $2.57B
Total Debt: $317.24M
Cash: $360.12M
Total Debt: $317.24M
Cash: $360.12M
Gross Margin (Revenue left after direct costs)
APIGross Profit / Revenue
18.0%
Gross Profit: $259.80M
Revenue: $1.45B
Revenue: $1.45B
Operating Margin (Revenue left after all operations)
APIOperating Income / Revenue
5.9%
Operating Income: $85.76M
Revenue: $1.45B
Revenue: $1.45B
Net Margin (Revenue left as actual profit)
APINet Income / Revenue
3.2%
Net Income: $45.73M
Revenue: $1.45B
Revenue: $1.45B
ROE (Profit from shareholder equity)
APINet Income / Total Equity
8.0%
Net Income: $45.73M
Total Equity: $525.33M
Total Equity: $525.33M
ROIC (Profit from all invested capital)
APINOPAT / Invested Capital
2.8%
Operating Income: $85.76M
Tax Rate: 31.5%
Equity: $525.33M
Total Debt: $317.24M
Cash: $360.12M
Tax Rate: 31.5%
Equity: $525.33M
Total Debt: $317.24M
Cash: $360.12M
Current Ratio (Can it pay short-term bills)
APICurrent Assets / Current Liabilities
1.76
Current Assets: $430.35M
Current Liabilities: $244.92M
Current Liabilities: $244.92M
Debt/Equity (Leverage — debt vs equity)
CALCTotal Debt / Total Equity
0.60
Short-Term Debt: $69.51M
Long-Term Debt: $247.73M
Total Debt: $317.24M
Total Equity: $525.33M
Long-Term Debt: $247.73M
Total Debt: $317.24M
Total Equity: $525.33M
Rev/Share (Top-line per share)
CALCRevenue / Shares Outstanding
$34.54
Revenue: $1.45B
Shares: 41,847,000
Shares: 41,847,000
Book Value/Share (Net assets per share)
CALC(Total Assets - Total Liabilities) / Shares
$12.55
Total Equity: $525.33M
Shares: 41,847,000
Shares: 41,847,000
FCF/Share (Real cash generated per share)
CALC(Operating Cash Flow + CapEx) / Shares
$1.35
Operating CF: $222.36M
CapEx: -$165.85M
Shares: 41,847,000
CapEx: -$165.85M
Shares: 41,847,000
CapEx is negative (outflow) — added to OCF to get FCF
Div Yield (Annual income from holding)
APILast Annual Dividend / Stock Price
0.0%
Last Dividend: N/A
Stock Price: $63.91
Stock Price: $63.91
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
—
Dividends Paid: N/A
Net Income: $45.73M
Net Income: $45.73M
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares SHAK against LLM-researched typical ranges for its
industry. One research call per industry, cached indefinitely — every stock in the same industry
reuses the same baseline.
Deep Analysis
Pre-flight intelligence scans the company first, then routes to the right analytical methods.
0
Company Classification
— What type of company is this?
1
Industry Landscape
— Where is the industry headed?
2
Company Momentum
— Where is this company trending?
3
Forward Projection
— 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a
DCF Valuation
— Present value of future cash flows
4b
Earnings Power Value
— Floor value — worth with zero growth
4c
Anchored PE
— Industry PE adjusted for growth differential
4d
Reverse DCF
— What growth is the market pricing in?
4e
Revenue-Based DCF
— For growth/narrative companies (skip if mature earner)
4f
Anchored P/S
— Price-to-Sales peer comparison (skip if mature earner)
4g
Scenario Analysis
— Bull / Base / Bear (skip if mature earner)
4h
Dividend Discount Model
— For dividend/income stocks only
4i
Book Value Analysis
— For deep value / turnaround stocks only
4j
Insider Activity
— Are insiders buying or selling?
4f
Cash Flow Quality
— How trustworthy is the FCF?
4g
Debt Maturity Risk
— Can it handle its debt?
4h
Macro Environment
— Rates, market valuation, volatility
4i
Sector Intelligence
— How does this company compare within its sector?
4j
Revenue Confidence
— How reliable is the growth projection?
4k
Sensitivity Analysis
— How fragile is the fair value estimate?
4l
Sector Demand Cycle
— Is the sector in a boom, steady state, or contraction?
5
AI Investigation
— Adaptive research engine (Claude)
5b
Thesis Evaluation
— What does the market believe? (narrative/platform stocks only)
6
Valuation Synthesis
— Weighted verdict from all methods (requires Layer 4)
Income Statement (Annual)
Last updated: May 7, 2026 10:56pm (6d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $739.9M | $900.5M | $1.1B | $1.3B | $1.4B |
| Cost of Revenue | $433.4M | $518.9M | $609.3M | $678.7M | $1.2B |
| Gross Profit | $306.5M | $381.5M | $478.2M | $573.9M | $259.8M |
| Operating Expenses | $322.4M | $408.4M | $472.3M | $570.9M | $174.0M |
| Operating Income | -$15.9M | -$26.9M | $5.9M | $3.0M | $85.8M |
| Net Income | -$4.6M | -$21.2M | $20.3M | $10.2M | $45.7M |
| EBITDA | $44.5M | $51.5M | $111.7M | $120.9M | $181.4M |
| EPS | $-0.22 | $-0.66 | $0.51 | $0.26 | $1.14 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
Last updated: May 7, 2026 10:56pm (6d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $302.4M | $230.5M | $224.7M | $320.7M | $360.1M |
| Total Current Assets | $409.7M | $344.0M | $334.4M | $368.2M | $430.3M |
| Total Assets | $1.5B | $1.5B | $1.6B | $1.7B | $1.9B |
| Current Liabilities | $121.5M | $147.7M | $164.1M | $187.3M | $244.9M |
| Long-Term Debt | $243.5M | $244.6M | $245.6M | $246.7M | $247.7M |
| Total Liabilities | $1.0B | $1.1B | $1.1B | $1.2B | $1.3B |
| Total Equity | $409.5M | $412.2M | $443.4M | $470.0M | $525.3M |
| Retained Earnings | $3.6M | -$3.5M | $16.8M | $27.0M | $72.7M |
Cash Flow (Annual)
Last updated: May 7, 2026 10:56pm (6d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | $58.4M | $76.7M | $132.1M | $171.2M | $222.4M |
| Capital Expenditure | -$101.5M | -$142.6M | -$146.2M | -$135.5M | -$165.8M |
| Free Cash Flow | -$43.1M | -$65.8M | -$14.0M | $35.7M | $56.5M |
| Acquisitions (net) | $0 | $0 | $0 | $0 | $0 |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $155.5M | -$71.9M | -$5.9M | $96.1M | $39.4M |
Analyst Estimates (Annual)
Last updated: May 14, 2026 3:08am (just now)| Metric | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|
| Revenue |
$1.9B $1.8B – $2.0B
|
$2.2B $2.2B – $2.2B
|
$2.5B $2.4B – $2.6B
|
$2.8B $2.7B – $2.9B
|
| EBITDA |
$388.8M $374.5M – $399.0M
|
$440.0M $439.5M – $440.5M
|
$505.9M $490.3M – $520.8M
|
$572.2M $554.5M – $589.0M
|
| Net Income |
$70.3M $30.9M – $88.9M
|
$93.7M $74.0M – $94.8M
|
$106.3M $102.0M – $110.3M
|
$133.1M $127.7M – $138.1M
|
| EPS | — | — | — | — |
Growth Trends (YoY %)
Last updated: May 7, 2026 10:56pm (6d ago)| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | +21.7% | +20.8% | +15.2% | +15.4% |
| Gross Profit Growth | +24.5% | +25.3% | +20.0% | -54.7% |
| Operating Income Growth | -69.6% | +122.0% | -48.7% | +2,722.8% |
| Net Income Growth | -365.4% | +195.5% | -49.6% | +348.0% |
| EBITDA Growth | +15.9% | +116.8% | +8.2% | +50.0% |
Insider Trading (Recent)
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-04-15 | Sentell Stephanie Ann | S-Sale | 258.00 | $102.21 | $26,370 |
| 2026-03-06 | Sentell Stephanie Ann | S-Sale | 225.00 | $93.60 | $21,060 |
| 2026-03-01 | Shake Shack Inc. | A-Award | 267.00 | $0.00 | $0 |
| 2026-03-01 | Shake Shack Inc. | F-InKind | 151.00 | $96.01 | $14,498 |
| 2026-03-01 | Shake Shack Inc. | A-Award | 1,059.00 | $0.00 | $0 |
| 2026-03-01 | Shake Shack Inc. | F-InKind | 173.00 | $96.01 | $16,610 |
| 2026-03-01 | Shake Shack Inc. | F-InKind | 132.00 | $96.01 | $12,673 |
| 2026-03-01 | Lynch Robert | A-Award | 26,685.00 | $0.00 | $0 |
| 2026-03-01 | Lynch Robert | F-InKind | 1,933.00 | $96.01 | $185,587 |
| 2026-03-01 | Sentell Stephanie Ann | A-Award | 6,397.00 | $0.00 | $0 |
| 2026-03-01 | Sentell Stephanie Ann | F-InKind | 337.00 | $96.01 | $32,355 |
| 2026-02-23 | Herpich Peter M | 0.00 | $0.00 | $0 | |
| 2026-02-23 | Herpich Peter M | 0.00 | $0.00 | $0 | |
| 2025-12-31 | Meyer Daniel Harris | 0.00 | $0.00 | $0 | |
| 2025-12-31 | Meyer Daniel Harris | 0.00 | $0.00 | $0 | |
| 2025-12-31 | Meyer Daniel Harris | 0.00 | $0.00 | $0 | |
| 2026-01-20 | Sentell Stephanie Ann | S-Sale | 200.00 | $99.19 | $19,838 |
| 2026-01-07 | Meyer Daniel Harris | M-Exempt | 2,003.00 | $34.62 | $69,344 |
| 2026-01-07 | Meyer Daniel Harris | M-Exempt | 2,003.00 | $34.62 | $69,344 |
| 2025-12-19 | Sentell Stephanie Ann | S-Sale | 200.00 | $85.78 | $17,156 |
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Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.207 · 22a3a690 · 2026-05-13 17:39:54