SHAK
Shake Shack Inc.
SHAK's fundamentals are mixed, but it looks cheap: trading at 71x earnings, about half its usual 156x.
SHAK Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Stable | |
| Under pressure | |
| Strong |
SHAK's revenue and balance sheet are currently healthy, and its profitability is stable, but its cash flow is under pressure.
SHAK PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 71x | $72.68 | — |
| Cheap | 75x | $77.60 | +6.8% |
| Fair | 153x | $158 | +117% |
| Expensive | 505x | $520 | +616% |
Historical ranges are pointers, not guarantees.
SHAK's PE is in its cheap range at 71x.
SHAK Forward outlook
There aren't enough analyst estimates for SHAK to show an outlook.
SHAK Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | $1.03 | 0% |
| Q2 2026 | $0.94 | +100% |
| Q1 2026 | $0.98 | +238% |
| Q4 2025 | $1.09 | +354% |
| Q3 2025 | $1.03 | +442% |
| Q2 2025 | $0.47 | -27% |
| Q1 2025 | $0.29 | -49% |
| Q4 2024 | $0.24 | -50% |
SHAK earned $1.03 per share over the past year, about the same as the year before.
SHAK Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $423.3M | +15% |
| Q2 2026 | $417.6M | +17% |
| Q1 2026 | $366.7M | +14% |
| Q4 2025 | $400.5M | +22% |
| Q3 2025 | $367.4M | +16% |
| Q2 2025 | $356.5M | +13% |
| Q1 2025 | $320.9M | +10% |
| Q4 2024 | $328.7M | +15% |
SHAK's revenue has grown year over year every quarter since late 2020: $423M last quarter, up 15% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 5.1% | 0 points |
| Q2 2026 | 5% | -1.3 points |
| Q1 2026 | -0.7% | -1.6 points |
| Q4 2025 | 4.7% | +1.6 points |
| Q3 2025 | 5% | +11 points |
| Q2 2025 | 6.3% | +2.9 points |
| Q1 2025 | 0.9% | +0.9 points |
| Q4 2024 | 3.1% | +3.6 points |
SHAK's operating margin was 5.1% last quarter, about level with the same quarter a year ago, near the top of its range since 2019.
SHAK Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $13.1M | -45% |
| Q2 2026 | -$736K | -103% |
| Q1 2026 | -$38.7M | -2170% |
| Q4 2025 | $4M | -62% |
| Q3 2025 | $23.7M | +237% |
| Q2 2025 | $26.9M | +31% |
| Q1 2025 | $1.9M | +$4.3M |
| Q4 2024 | $10.4M | +23% |
SHAK's free cash flow was −$22M over the past year, against $63M the year before.
SHAK Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.1% | +44K shares |
| 1 year | +0.1% | +36K shares |
| 3 years | -4.7% | -2.1M shares |
| 5 years | +7.1% | +2.8M shares |
| Available history | +30% | +9.7M shares |
SHAK has 42M diluted shares, about the same as a year ago.
SHAK Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.4x | Net Cash |
| Q2 2026 | -0.4x | Net Cash |
| Q1 2026 | -0.4x | Net Cash |
| Q4 2025 | -0.7x | Net Cash |
| Q3 2025 | -0.7x | Net Cash |
| Q2 2025 | -0.7x | Net Cash |
| Q1 2025 | -0.6x | Net Cash |
| Q4 2024 | -0.7x | Net Cash |
SHAK has more cash than debt.
SHAK Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 53.1 | Neutral |
| Stochastic | 75.5 | Neutral |
SHAK's weekly RSI is 53 (neutral) and its Stochastic is 76 (neutral).
SHAK PE vs Consumer Cyclical Sector
| Metric | SHAK | Sector median | Relative |
|---|---|---|---|
| PE | 71x | 18x | 292% above |
| PE % | 11 | 47 | 36 pts below |
SHAK is trading at 71x earnings, a 292% premium to the Consumer Cyclical sector's median of 18x.
SHAK Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $66.7 | 9% above |
| 20 week MA | $65.3 | 11% above |
| 50 week MA | $75.9 | 4.3% below |
| 100 week MA | $92.0 | 21% below |
| 200 week MA | $86.9 | 16% below |
SHAK has bounced recently, but its long-term trend is still down: it's above its 8- and 20-week averages, but 16% below its 200-week average.
SHAK Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $60.5 | $87.8 | +45% |
| 2021 | $87.8 | $74.5 | -15% |
| 2022 | $74.5 | $44.9 | -40% |
| 2023 | $44.9 | $74.1 | +65% |
| 2024 | $74.1 | $132.6 | +79% |
| 2025 | $132.6 | $83.8 | -37% |
| 2026 YTD | $83.8 | $72.7 | -13% |
SHAK has finished lower in three of the last six years. It's down 13% so far in 2026.