Loading…
Shake Shack Inc.
$2.5B
Market Cap
74.5
P/E
1.86
PEG
4.5%
ROCE
9.5%
ROE
1.63
D/E
4.7%
OPM
-39.2%
% from 52W High
26
α RS
🔍 SHAK is showing a notable setup because an ECS of 69.6 last quarter and growth_accelerators preset's Backtest win rate is 53.4% over 90 days. Net: Partial signal stack, not a recommendation. ? ECS Backtest
Sources
ECS 69.6 · Backtest win rate 53.4%
⚖️ Compare 🔒 Generate Report 🔒 Research Packet 📚 Guides
🌏 Global Investor Returns
Currency-adjusted total returns for SHAK including FX impact
🌏
Click 🌏 Returns tab to load data
📈 Price History
Ratio Health
Excellent
Good
Average
Poor
By Category
📊 Sector Averages
About

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.

Key Ratios Snapshot
📈 Growth Pattern
📊 Quick Scorecard
Loading…
🔒
Premium Feature
AI-generated 10-section company profile — business model, financials, strengths, risks & management quality
Upgrade to Premium
Already a member? Log in
📐
3-Statement Financial Model
Bear / Base / Bull projections · DCF fair value · Reverse-DCF
Open Model →
🎙 Management Tone Mixed ↓ Deteriorating 4 quarters Full tone analysis in Intelligence →
📊 MIXED Shake Shack Q1 revenue up 14.3% to $366.7M, same-Shack sales +4.6% with 1.4% traffic growth
Revenue & Profitability
Total revenue was $366.7 million, up 14.3% year-over-year. Same-Shack sales grew 4.6% (1.4% traffic, 3.2% price/mix). Net loss attributable to Shake Shack Inc was $290,000. Adjusted EBITDA was $37 million, down 9.3% YoY. Restaurant-level profit was $75.1 million (21.2% of Shack sales, up 50 bps). Full-year 2026 guidance: revenue ~$1.6-$1.7 billion, net income $50-$60 million, adjusted EBITDA $230-$245 million.
Outlook
Management sees a challenging macro environment with consumer sentiment volatility, high beef costs, and inclement weather (240 bps negative comp impact in Q1). They note a value-oriented marketplace but believe their balanced value equation (core affordability through app and premium innovation) positions them well. They expect a lift from the World Cup in Q2 and are confident in same-Shack sales guidance of 3-5% for Q2 and low single digits for the full year.
Growth Drivers
Key growth levers include accelerated company-operated development (record 17 openings in Q1, guided 60-65 for 2026), culinary innovation (Korean-inspired menu, pimento burger, BBQ rib sandwich), digital channel expansion (app downloads up 35%+, digital guest count up 35%, frequency up ~20%), and launching a loyalty program by end of 2026. Licensed growth continues in Asia, UK, and US airports despite Middle East headwinds. New markets entered include Naples, Tucson, Athens, and East Lansing.
Balance Sheet & CapEx
Shake Shack is investing in 'Project Catalyst', a comprehensive technology initiative including cloud-native POS (Qu), kitchen display systems, first-ever loyalty platform, AI-driven operational insights, and a unified data/analytics platform, with rollout expected in H2 2026. Pre-opening costs were $6.9 million in Q1 (up 113.5% due to 17 openings). Full-year guidance: pre-opening $26-$28 million, depreciation $124-$128 million. They also invest in targeted remodels and refreshes to optimize back-of-house efficiency.
Margins
Restaurant-level profit margin was 21.2% in Q1, up 50 bps YoY, driven by labor management (180 bps improvement in labor costs) and supply chain productivity, partially offset by higher beef costs. Full-year margin guidance is 23%-23.5%. Food and paper inflation is expected down low single digits, with beef inflation high single digits; labor inflation low single digits. G&A is guided at 12-13% of revenue for 2026, with leverage expected in 2027. Supply chain initiatives are seen as the primary margin driver going forward.
Key Risks
Risks flagged: weather impact (240 bps negative comp in Q1), macro/geopolitical volatility including the Middle East conflict causing temporary closures in 17 licensed Shacks, elevated beef costs (low teens in Q1, high single digits expected), consumer sentiment shifts due to macro factors, tourism declines in large urban markets like NYC, and timing shifts from Easter/spring break. Management also cites broader global and domestic marketplace volatility as rationale for widening adjusted EBITDA guidance.
Generated by AI · Q1 2026 results · Not investment advice
🔒
Free Account Required

Create a free Finmagine account to access Finmagine™ Scorecard.

See how this company scores across 5 dimensions — Financial Health, Growth Prospects, Competitive Position, Management Quality, and Valuation — powered by 30+ computed ratios.

Create Free AccountLog In
🔒
Premium Feature

Upgrade to Finmagine Premium to unlock Ask AI.

Get 25 expert AI analysis templates — Business KPIs, Comprehensive, Forensic Governance, Peer Comparison, Risk-Reward, Full Research Report, IPO Decoder, Red Flag Detector, and more — ready to paste into ChatGPT, Claude, Gemini, or Perplexity.

Upgrade to PremiumCreate Free Account
🔒
Premium Feature

Upgrade to Finmagine Premium to unlock Peer Comparison.

Compare this company side-by-side against its sector peers with financial metrics, ratio benchmarking, and relative performance across all key dimensions.

Upgrade to PremiumCreate Free Account
✓ 📞 Earnings Call Transcripts (5 quarters) submit a missing quarter
🔍
🔎 See cross-company document search → ?
📞 Earnings Call Transcripts (5)
Q2 2026 Q2 2026 2026-08-05
Q2 2026 saw 17.2% revenue growth, strong digital and licensed channel expansion, and continued positive traffic despite record-high beef costs. Margins declined due to inflation, but disciplined pricing and innovation supported results. Full-year guidance is maintained.
Q1 2026 Q1 2026 2026-05-07
Revenue grew 14.3% year-over-year to $366.7M, driven by strong same Shack sales and record new unit openings, despite weather and macro headwinds. Adjusted EBITDA declined 9.3% due to higher pre-opening costs, but guidance for 2026 remains strong with accelerated development and margin expansion expected.
Q4 2025 Q4 2025 2026-02-26
Revenue grew 15.4% to $1.45B in 2025, with 2.3% Same-Shack sales growth and 19.5% Adjusted EBITDA growth. Operational improvements, supply chain optimization, and digital initiatives drove margin expansion and strong cash flow, positioning for continued growth in 2026.
Q3 2025 Q3 2025 2025-10-30
Q3 2025 saw double-digit revenue and EBITDA growth, margin expansion, and strong new unit development, driven by operational improvements, supply chain savings, and digital innovation. Macro headwinds and beef inflation persist, but guidance remains positive for 2025 and 2026.
Q2 2025 Q2 2025 2025-07-31
Q2 delivered strong revenue, margin, and adjusted EBITDA growth, with positive same Shack sales and robust new unit openings. Raised full-year adjusted EBITDA guidance, supported by operational improvements, culinary innovation, and expanded marketing investment.
🔒
Premium Feature

Upgrade to Finmagine Premium to unlock Catalyst Timeline.

Every result, order win, insider trade, ECS update, earnings-call, and SEC announcement for this company — in one chronological lane.

Upgrade to PremiumCreate Free Account
🔒
Premium Feature

Upgrade to Finmagine Premium to unlock Full Report.

Read the complete Finmagine™ investment research report — comprehensive fundamental analysis, business model assessment, competitive positioning, and investment recommendation.

Upgrade to PremiumCreate Free Account

📊 Analysis Methodology

This comprehensive investment analysis was conducted using The Finmagine™ Stock Analysis & Ranking Methodology, a proprietary framework that systematically evaluates stocks across five critical dimensions: Financial Health, Growth Prospects, Competitive Positioning, Management Quality, and Valuation.

🎯
Discover Our Proven Investment Framework Learn how we analyze and rank stocks using advanced quantitative models, multi-dimensional scoring systems, and dynamic discriminatory ranking techniques that have guided successful investment decisions across market cycles.
📊 Explore The Finmagine™ Methodology

A comprehensive, bias-free framework for analyzing and ranking stocks by Financial Strength, Growth Potential, Competitive Edge, Management Quality, and Value.

Financial Model
Projections are built from each company's audited annual financials (Income Statement, Balance Sheet, Cash Flow) over the last 5 fiscal years. Forward assumptions — revenue growth %, EBITDA margin, D&A (USD millions), interest expense, tax rate, and capex — are AI-generated using historical context and refreshed twice a year: after the December results season and after the September/Q4 results season.

DCF Valuation
Fair Value = Σ(FCFt / (1+WACC)t) + Terminal Value. Terminal Value uses the Gordon Growth Model: FCF5 × (1+g) / (WACC−g). Default WACC: 10% (US risk-free ~4.5%, equity risk premium ~5.5%). Default terminal growth: 3% (long-run US nominal GDP proxy).

CAGR Tracker
Expected 5-year CAGR = (DCF Fair Value / Current Price)1/5 − 1. Assumes fair value is reached in exactly 5 years — a mechanical estimate only.

Data Sources & Limitations
Financial statements sourced from public filings. Prices updated daily. Forward assumptions are AI-generated. All monetary values in USD millions. Non-US ADR companies may have currency conversion inaccuracies. Models are point-in-time and do not update intra-quarter or account for M&A, macro shocks, or extraordinary items.

⚠️ Important Disclaimers — Please read without fail.

Investment Risk:
Investing in securities, including US equities and ETFs, involves inherent risks including the potential loss of principal. All investments are subject to market fluctuations, economic conditions, regulatory changes, and other factors that may affect their value. Past performance is not indicative of future results. This analysis is provided for informational and educational purposes only and should not be construed as investment advice under any circumstances.

No Investment Recommendation:
This analysis does not constitute, nor should it be interpreted as, an offer, solicitation, or recommendation to buy, sell, or hold any securities or financial products. Investors are strongly advised to conduct their own independent research and due diligence and to consult with a licensed financial advisor or an SEC-registered investment adviser before making any investment decisions, taking into account their individual financial situation, risk tolerance, and investment objectives.

Not SEC-Registered:
Finmagine is not registered as an investment adviser with the U.S. Securities and Exchange Commission (SEC) or any state securities authority. Nothing on this platform constitutes investment advice as defined under the Investment Advisers Act of 1940.

Conflict of Interest Disclosure:
The author and/or analyst may currently hold or have previously held positions in the securities discussed. Any such positions are not intended to influence the objectivity or independence of the analysis. This research is produced independently and is not sponsored, endorsed, or commissioned by any company or institution.

Information Sources:
The analysis is based on publicly available information including SEC filings (10-K, 10-Q), annual reports, management commentary, and publicly available financial data. Information is believed to be accurate as of the date of publication but may be subject to change without notice. Readers are encouraged to independently verify all information before acting upon it.

Forward-Looking Statements:
This analysis may contain forward-looking statements, forecasts, or projections that are inherently subject to risks, uncertainties, and assumptions. Actual results may differ materially from those expressed or implied. Finmagine does not undertake any obligation to update such statements in the future.

Limitation of Liability:
The content is provided "as is" without any warranties, express or implied. Finmagine expressly disclaims any liability for errors, omissions, or any losses incurred as a result of reliance on the information provided. Readers assume full responsibility for their investment decisions.