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

69.68 3.14 −4.31%
Market cap
$3.0B
P/E
64.4×
Fwd P/E
63.9×
Dividend yield
—
F-score
7/9
Altman Z
2.50
Beneish M
−2.40
Dividend safety
n/a

Shake Shack, Inc. (SHAK) Shares outstanding

Alert me on Shares outstanding

Shake Shack, Inc.'s shares outstanding at the end of fiscal 2025 was $41.8M, down 5.33% from $44.2M in fiscal 2024. At the end of the quarter to 30 September 2026 it was $41.9M. Over the past ten years it has ranged from $13.6M (fiscal 2015) to $44.2M (fiscal 2024); the current reading is higher than 82% of that period. Shake Shack, Inc. ranks 24th of 51 Restaurants companies by shares outstanding.

Shares outstanding, annual

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Annual newest first

Period Shares outstanding Change
FY2025 $41.8M (5.33%)
FY2024 $44.2M 0.69%
FY2023 $43.9M 11.88%
FY2022 $39.2M 0.39%
FY2021 $39.1M 5.27%
FY2020 $37.1M 15.13%
FY2019 $32.3M 10.53%
FY2018 $29.2M 12.76%
FY2017 $25.9M 10.35%
FY2016 $23.4M 72.57%

Quarterly newest first

Period Shares outstanding Change
Sep 2026 $41.9M 0.11%
Jun 2026 $41.9M 3.91%
Mar 2026 $40.3M (3.72%)
Dec 2025 $41.8M (0.06%)
43 more quarters

Against its own ten years

Low $13.6M High $44.2M
Ten-year median $37.1M
Current reading's percentile 82

Shares outstanding against peers

What Shares outstanding is

Shares (Diluted, Weighted) tells an investor how many shares a company’s earnings are spread across once potential new shares are counted.

Reported line item

The full definition of Shares outstanding →

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