Shake Shack, Inc.
SHAK Consumer Cyclical Restaurants
Shake Shack, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.4 billion, up 15.4% from fiscal 2024.
- Revenue
- +15.2%
- EPS
- +32.3%
- Free cash flow
- −45.0%
- Total debt
- +0.42%
Quarter to September 2026, against a year earlier
Follow SHAK
Alert me
Shake Shack, Inc. (SHAK) Operating margin
Shake Shack, Inc.'s operating margin over the twelve months to 30 September 2026 was 3.63%, down 0.7 percentage points from fiscal 2025 (4.32%). Over the past ten years it has ranged from −8.39% (fiscal 2020) to 10.4% (fiscal 2016); the current reading is higher than 73% of that period. That is below the Restaurants industry median of 4.59% and below the Consumer Cyclical sector median of 3.88%.
Operating margin, annual
Embed this chart
Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | 4.32% | 4.08 |
| FY2024 | 0.24% | (0.30) |
| FY2023 | 0.54% | 3.53 |
| FY2022 | −2.99% | (0.85) |
| FY2021 | −2.14% | 6.25 |
| FY2020 | −8.39% | (12.71) |
| FY2019 | 4.32% | (2.58) |
| FY2018 | 6.90% | (2.52) |
| FY2017 | 9.42% | (0.94) |
| FY2016 | 10.4% | 6.82 |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Sep 2026 | 5.08% | 0.11 |
| Jun 2026 | 4.97% | 5.69 |
| Mar 2026 | −0.72% | (5.40) |
| Dec 2025 | 4.68% | (0.37) |
| 43 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| JMKE Jersey Mike�s Subs Inc. compare | 38.3% |
| WING Wingstop Inc. compare | 27.7% |
| WEN The Wendy's Company compare | 12.0% |
| CHA Chagee Holdings Limited - Sponsored ADR compare | 11.5% |
| ARCO Arcos Dorados Holdings Inc. compare | 7.87% |
| CAKE The Cheesecake Factory Incorporated compare | 6.04% |
| SHAK Shake Shack, Inc. | 3.63% |
| CBRL Cracker Barrel Old Country Store, Inc. compare | −0.38% |
| SG Sweetgreen, Inc. compare | −21.4% |
| Restaurants industry median | 4.59% |
| Consumer Cyclical sector median | 3.88% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
More on SHAK
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement