Shake Shack (SHAK) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Shake Shack

NYSE•Consumer Cyclical•Restaurants

$56.65-1.62(-0.03%)Pre-market

Market Cap

$2.25B

P/E

56.8x

P/S

1.5x

P/B

4.1x

Shake Shack Inc. owns, operates, and licenses Shake Shack restaurants (Shacks) in the United States and internationally. It offers burger, chicken, hot dogs, crinkle cut fries, shakes, frozen custard, beer, wine, and other products. The company was founded in 2001 and is based in New York, New York.

How this company scores

GoodMetricSide Score: 71/100

Strongest: Growth (24/25); weakest: Cash & Earnings Quality (12/25).

Profitability12/25

Growth24/25

Balance Sheet & Red Flags23/25

Cash & Earnings Quality12/25

Strengths

Growing revenueRising earningsLow leverageInterest easily covered

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 56.8x5y range 56.8x – 973.4x

Currently below its 12-quarter median.

P/S · 1.5x5y range 1.5x – 4.6x

Currently below its 20-quarter median.

P/B · 4.1x5y range 3.9x – 11.2x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Earnings Quality

Watch

FCF/Net Income has dropped below 0.7x in 4 quarters — monitor for earnings quality deterioration.

Price & Volume

Market Cap $2.25B

Metrics at a Glance

as of July 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $1.55B
Q. Revenue: $417.62M
TTM EBITDA: $168.75M
TTM Op. Income: $55.40M
Q. Op. Income: $20.75M
TTM Net Income: $39.72M
Q. Net Income: $15.68M
EPS: $0.39
Shares Out.: $40.36M

$1.55B in TTM revenue grew 17.3% YoY, reaching $417.62M last quarter. TTM EBITDA of $168.75M and TTM operating income of $55.40M show growth is flowing through to the bottom line. TTM net income of $39.72M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: 12.3%
Op. Margin: 5.0%
Net Margin: 3.8%

Op. margin of 5.0% is down 1.3% YoY — costs are rising relative to revenue. Net margin at 3.8% Over the past year, operating margin is down 21% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 56.8x
P/S Ratio: 1.5x
P/B Ratio: 4.1x

At 56.8x P/E, the stock trades above typical market levels — the market expects above-average growth. P/S of 1.5x and P/B of 4.1x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is down 79% — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $1.95B
Cash: $307.96M
Long-Term Debt: $248.25M
Book Value: $544.32M
D/E Ratio: 0.5
Debt/EBITDA: 4.8

With $1.95B in assets and $248.25M in long-term debt, D/E is 0.5and book value is $544.32M — a conservative capital structure with a cushion to weather downturns. Across the last 8 quarters, debt/equity has fallen for 7 consecutive quarters — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $56.97M
TTM Free Cash Flow: $-11.71M
FCF Margin: -0.8%
FCF / Net Income: -0.3

TTM FCF of $-11.71M on $56.97M in operating cash flow. The FCF / Net Income ratio of -0.3x means the business consumes cash — it is not yet self-funding. Across the last 8 quarters, free cash flow has fallen for 3 consecutive quarters — a weakening trend.