Stocktoria

Shake Shack Inc. SHAK

NYSE · stock · Retail-Eating & Drinking Places · website · IPO 2015-01-30 · LEI

Shake Shack Inc. statistics & valuation

Market cap$2.4B
P / E53.2×
P / S1.7×
P / B4.4×
P / FCF43.1×
Net margin3.2%
Return on equity8.3%
FCF margin3.9%
Net cash$112.4M
Net debt / EBITDA-0.7×
Enterprise value USD$2.3B
EV / EBITDA13.7×
Earnings yield EBIT/EV2.7%
Return on capital3.8%
Graham number -75.3%$18.01

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($18.01); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
4.60% -0.10% 3.30% 3.30% -8.10% -0.60% -2.40% 1.90% 0.80% 3.20% 2016201720182019202020212022202320242025
Gross margin (%)
2016201720182019202020212022202320242025
Operating margin (%)
10.40% 9.40% 6.90% 4.30% -8.40% -2.10% -3.00% 0.50% 0.20% 4.30% 2016201720182019202020212022202320242025
Return on equity (%)
6.20% -0.10% 5.60% 6.20% -9.50% -1.00% -4.90% 4.30% 2.10% 8.30% 2016201720182019202020212022202320242025
Shares outstanding
23.4M 25.9M 29.2M 32.3M 37.1M 39.1M 39.2M 43.9M 44.2M 41.8M 2016201720182019202020212022202320242025
Net debt ($)
-$11.6M -$37.1M -$146.9M -$58.9M $14.1M $21.0M -$74.0M -$112.4M 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
2.30% -0.10% 2.50% 2.00% -3.70% -0.30% -1.40% 1.30% 0.60% 2.40% 2016201720182019202020212022202320242025
Free cash flow margin (%)
-0.10% 2.60% -0.50% -2.80% -6.10% -5.80% -7.30% -1.30% 2.80% 3.90% 2016201720182019202020212022202320242025
Debt / equity (×)
0.00× 0.00× 0.00× 0.54× 0.56× 0.52× 0.50× 0.45× 2016201720182019202020212022202320242025
EPS ($)
$0.53 -$0.01 $0.52 $0.61 -$1.14 -$0.12 -$0.54 $0.48 $0.24 $1.09 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Shake Shack Inc. trades at about 66.8× earnings — below its 10-year norm (10-year range 66.6×–616.4×, median 110.6×).

66.6× 616.4×

Shaded band = 10-year range (66.6×–616.4×); dot = today's 66.8×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating margin4.3%0.2%0.5%-3.0%-2.1%-8.4%4.3%6.9%9.4%10.4%
Net margin3.2%0.8%1.9%-2.4%-0.6%-8.1%3.3%3.3%-0.1%4.6%
FCF margin3.9%2.8%-1.3%-7.3%-5.8%-6.1%-2.8%-0.5%2.6%-0.1%
Return on assets2.4%0.6%1.3%-1.4%-0.3%-3.7%2.0%2.5%-0.1%2.3%
Return on equity8.3%2.1%4.3%-4.9%-1.0%-9.5%6.2%5.6%-0.1%6.2%
Debt / equity0.45×0.50×0.52×0.56×0.54×0.00×0.00×——0.00×
Current ratio1.761.972.042.333.371.850.881.692.742.65

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.