SHAK - NYSE

Shake Shack Inc.

SHAK·NYSE

$55.53

-11%

Consumer CyclicalRestaurants

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.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$2.24B

EPS1.1400

P/E Ratio48.71

Earnings Date07/30/2026

1.90B

Assets

12%

3Y+25.0%

5Y+66.0%

10Y+252.0%

1.34B

Total Liabilities

12%

3Y+25.0%

5Y+89.0%

10Y+299.0%

553.75M

Total Equity

12%

3Y+27.0%

5Y+27.0%

10Y+121.0%

Shake Shack Inc. Funding & Solvency Profile

SHAK · NYSE

Current Assets

Cash & Cash Equivalents360.12M

Net Receivables277.43M

Inventory7.18M

Other Current Assets-214.38M

Total Current Assets430 M

Non-Current Assets

Property, Plant & Equipment1.13B

Goodwill & Intangible Assets2.04M

Long-Term Investments0.00

Other Non-Current Assets8.34M

Total Non-Current Assets1 B

Total Assets

1.90B

Financial Health Analysis

Current Ratio

1.76x

Strong liquidity. The company has adequate resources to meet short-term liabilities.

Debt-to-Equity Ratio

2.42x

High financial leverage. Heavy reliance on debt may indicate increased financial risk and potential solvency concerns.

Working Capital

185 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

23% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Shake Shack Inc. Balance Sheet

SHAK • NYSE

Shake Shack Inc. Balance Sheet	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	360.1M	320.7M	224.7M	230.5M	302.4M	146.9M	37.1M	24.8M	21.5M	11.6M	70.8M	2.7M	13.1M	16M
Short-Term Investments	0.0	0.0	68.6M	80.7M	80M	36.9M	36.5M	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Cash & Short-Term Investments	360.1M	320.7M	293.2M	311.2M	382.4M	183.8M	73.6M	24.8M	21.5M	11.6M	70.8M	2.7M	13.1M	16M
Net Receivables	277.4M	19.7M	29M	24M	13.7M	9.5M	10M	10.5M	5.6M	6M	4.2M	3.3M	1.5M	1.6M
Accounts Receivables	277.4M	15.8M	14M	12.2M	10.6M	7.9M	7.9M	5M	3.4M	2.9M	2.7M	1.5M	1.1M	1.6M
Other Receivables	0.0	3.9M	15M	11.8M	3M	1.6M	2M	5.5M	2.2M	3.1M	1.5M	1.8M	420K	0.0
Inventory	7.2M	6M	5.4M	4.2M	3.9M	2.9M	2.2M	1.7M	1.3M	806K	543K	529K	331K	243K
Prepaids	0.0	21M	5.6M	3.8M	0.0	0.0	0.0	2M	1.8M	3.5M	3.1M	1.4M	273K	155K
Other Current Assets	-214.4M	844K	1.2M	763K	9.8M	7.1M	1.9M	0.0	2.2M	3.1M	0.0	1.5M	0.0	0.0
Total Current Assets	430.3M	368.2M	334.4M	344M	409.7M	203.2M	87.7M	101.1M	93.2M	83.9M	78.9M	7.9M	15.2M	18M
NON-CURRENT ASSETS
Property, Plant, and Equipment (Net)	1.1B	976.2M	929.3M	834.5M	736.7M	642.9M	589.3M	261.9M	187.1M	136.3M	93M	70.1M	37.9M	25.1M
Intangible Assets	2M	2M	1.9M	0.0	1.5M	1.4M	1.4M	1.2M	894K	701K	701K	701K	0.0	0.0
Goodwill & Intangible Assets	2M	2M	1.9M	0.0	1.5M	1.4M	1.4M	1.2M	894K	701K	701K	701K	0.0	0.0
Long-Term Investments	0.0	0.0	-1.9M	0.0	0.0	-1.4M	0.0	-1.2M	-894K	639K	2.1M	-701K	0.0	0.0
Tax Assets	322.4M	341.6M	326.2M	317.6M	301.9M	287M	284.4M	242.5M	185.9M	313.2M	202M	141K	67K	74K
Other Non-Current Assets	8.3M	8.9M	14M	15.8M	11.1M	12.3M	10.1M	5M	4.4M	3.4M	2.8M	4.8M	2M	935K
Total Non-Current Assets	1.5B	1.3B	1.3B	1.2B	1.1B	942.2M	885.1M	509.4M	377.4M	454.3M	300.6M	75M	40M	26.1M
Total Assets	1.9B	1.7B	1.6B	1.5B	1.5B	1.1B	972.8M	610.5M	470.6M	538.2M	379.5M	83M	55.2M	44.1M
LIABILITIES
CURRENT LIABILITIES
Total Payables	24.7M	23.6M	22.3M	25.8M	19.9M	23.5M	14.3M	12.5M	8.2M	6.9M	6.8M	6.4M	2.4M	1.2M
Accounts Payable	24.7M	23.6M	22.3M	20.4M	19.9M	23.5M	14.3M	12.5M	8.2M	6.9M	6.8M	6.4M	2.4M	1.2M
Other Payables	0.0	0.0	0.0	5.4M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Accrued Expenses	0.0	25.4M	81.8M	65.5M	14.6M	10.4M	11.5M	10.7M	6.2M	6.1M	5.8M	2.4M	2M	1.1M
Short Term Debt	69.5M	55.7M	0.0	0.0	38.2M	0.0	31.9M	0.0	0.0	0.0	0.0	32M	0.0	0.0
Capital Lease Obligations (Current)	0.0	59.8M	52.4M	44.8M	0.0	37.7M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Tax Payables	0.0	7M	6.1M	5.4M	0.0	4.3M	0.0	3.1M	1.8M	1.3M	1.1M	0.0	399K	436K
Deferred Revenue	0.0	2.6M	2.6M	2.3M	3.3M	2.6M	2.3M	1.8M	1.5M	1.2M	833K	8M	630K	628K
Other Current Liabilities	150.7M	20.1M	5M	9.4M	45.4M	35.5M	39.5M	35M	19.6M	18.7M	11.4M	7.3M	2.2M	2.6M
Total Current Liabilities	244.9M	187.3M	164.1M	147.7M	121.5M	109.7M	99.4M	59.9M	34M	31.7M	24M	48.2M	7.2M	5.6M
NON-CURRENT LIABILITIES
Long Term Debt	247.7M	246.7M	245.6M	244.6M	243.5M	0.0	0.0	0.0	0.0	0.0	313K	313K	313K	0.0
Deferred Revenue (Non-Current)	19.2M	17.1M	17.2M	14.3M	12.7M	12.2M	11.3M	-1.4M	-673K	-370K	-316K	0.0	1.6M	1.7M
Deferred Tax Liabilities (Non-Current)	5.9M	0.0	0.0	0.0	3.2M	0.0	4.5M	1.4M	673K	370K	316K	0.0	8.7M	0.0
Other Non-Current Liabilities	245.8M	249.2M	236.4M	237.3M	239.8M	241.7M	227M	256.3M	197.6M	303.1M	198.2M	21.9M	1.6M	0.0
Total Non-Current Liabilities	1.1B	1B	972.4M	927.4M	903.7M	601.2M	551.4M	277.1M	212.1M	305.1M	198.5M	22.2M	10.6M	6.6M
Capital Lease Obligations	584.9M	562.9M	525.7M	475.9M	404.4M	385M	308.6M	20.8M	14.5M	2M	0.0	0.0	0.0	0.0
Total Liabilities	1.3B	1.2B	1.1B	1.1B	1B	710.9M	650.8M	337.1M	246.1M	336.8M	222.5M	70.4M	17.8M	12.2M
SHAREHOLDERS' EQUITY
Preferred Stock	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	55M	49.2M	56.4M	0.0	0.0	0.0
Common Stock	42K	42K	42K	42K	42K	42K	38K	38K	37K	36K	36K	12.6M	37.4M	31.9M
Additional Paid-In Capital	452.6M	443M	426.6M	415.6M	405.9M	395.1M	244.4M	195.6M	153.1M	135.4M	96.3M	0.0	0.0	0.0
Retained Earnings	72.7M	27M	16.8M	-3.5M	3.6M	12.2M	54.4M	30.4M	16.4M	16.7M	4.3M	0.0	0.0	0.0
Accumulated Other Comprehensive Income/Loss	-1K	-1K	-3K	0.0	1K	3K	2K	0.0	-49K	-15K	-5K	0.0	0.0	0.0
Total Stockholders' Equity	525.3M	470M	443.4M	412.2M	409.5M	407.3M	298.8M	273.5M	224.5M	201.4M	157M	12.6M	37.4M	31.9M
Total Equity	553.7M	493.6M	469.4M	436.8M	435.6M	434.5M	322M	320.8M	279.5M	250.5M	213.4M	12.6M	37.4M	31.9M
Minority Interest	28.4M	23.6M	26M	24.6M	26.1M	27.2M	23.2M	47.4M	55M	49.2M	56.4M	0.0	0.0	0.0
SUMMARY
Total Liabilities & Equity	1.9B	1.7B	1.6B	1.5B	1.5B	1.1B	972.8M	610.5M	470.6M	538.2M	379.5M	83M	55.2M	44.1M
Total Investments	0.0	0.0	66.7M	80.7M	80M	35.5M	36.5M	-1.2M	-894K	639K	2.1M	-701K	0.0	0.0
Total Debt	902.1M	865.4M	771.3M	720.5M	686.2M	385M	340.4M	20.8M	14.5M	2M	313K	32.3M	313K	0.0
Net Debt	542M	544.6M	546.7M	490M	383.8M	238.1M	303.3M	-3.9M	-7M	-9.6M	-70.5M	29.6M	-12.8M	-16M
Shares Outstanding	40,251,686	40,251,686	40,251,686	40,251,686	40,251,686	40,251,686	40,251,686	40,251,686	40,251,686	40,251,686	40,251,686	40,251,686	40,251,686	40,251,686

SEC Filings

SHAK - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
8-K 8-K 2026 N/A	June 02, 2026	June 02, 2026	2026	View Filing
10-Q 10-Q 2026 Q2 Q2	May 07, 2026	April 01, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 07, 2026	May 06, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 07, 2026	May 07, 2026	2026	View Filing
DEF 14A DEF 14A 2026 N/A	April 29, 2026	June 10, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 01, 2026	April 01, 2026	2026	View Filing
8-K 8-K 2026 N/A	March 09, 2026	March 03, 2026	2026	View Filing
8-K 8-K 2026 N/A	March 02, 2026	February 26, 2026	2026	View Filing
10-K 10-K 2025 FY FY	February 26, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2026 N/A	February 26, 2026	February 26, 2026	2026	View Filing

Showing 1 to 10 of 189 filings

Related Guides

Blog Categories

Continue your SHAK research with focused valuation guides.

Fundamentals

Decode statement quality and operating durability.

Accounting

Interpret line items with cleaner analytical framing.

Forecasting

Translate historical performance into forward scenarios.

Reference

Use practical frameworks for statement-led valuation.

Research Paths

Pick your next lens

Snapshot

Start with context, operating signals, and key market metrics.

Value Model

Stress test fair value across bear, base, and bull assumptions.

Statements

Validate revenue quality, margins, and balance sheet durability.

Earnings Call

Read management commentary and compare it with reported outcomes.

Dividends

Check payout sustainability and long-term distribution behavior.

Analyst Expectations

Review consensus spread and where estimate risk is concentrated.