Is Shake Shack (SHAK) overvalued or fairly valued?

MarketChacha shows Shake Shack's valuation in context — a trailing P/E of about 64.9, a forward P/E of about 49.6, a price-to-book of about 5.1 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does Shake Shack's reported profit turn into cash?

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (6.90×) from reported figures — education, not a rating.

What is Shake Shack's revenue?

Shake Shack reported revenue of $1.4B for FY2025, with net profit of $45.7M, per official filings.

What is the share price of Shake Shack (SHAK)?

Shake Shack last traded at $69.40 (+0.1% on the day), as of 9/4/2026 — a delayed quote shown for education, not investment advice.

Shake Shack

SHAK · NYSE · Consumer Discretionary · United States

Snapshot

TickerSHAK

ExchangeNYSE

SectorConsumer Discretionary

IndustryRestaurants

CountryUnited States

Employees13,873

HeadquartersNew York, United States

Websitewww.shakeshack.com

Filings tracked20

About Shake Shack

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.

Who owns it

Insiders4.4%
Institutions91.8%
Public & other3.8%

436 institutional holders

Ownership breakdown from public market data.

Top holders

Blackrock Inc.15.29%
Vanguard Portfolio Management LLC5.94%
Vanguard Capital Management LLC4.33%
State Street Corporation3.89%
Marshall Wace LLP3.43%
UBS Group AG3.33%
Morgan Stanley2.67%
Van Berkom & Associates Inc.2.62%

Largest institutional holders — last updated 6/30/2026.

Forensic scorecard

No major accounting red flags in the fundamentals we have — profit is backed by cash and returns look healthy.

Cash conversion6.90×

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Net margin trend1.9% → 3.2%

Margin has expanded by about 1.3 points — the business is getting more profitable.

Growth qualityrev 15% · PAT 50%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $439.1M · EPS 0.37

Est. earnings growth -0.8%

Next fiscal year

Rev $1.9B · EPS 1.40

Est. earnings growth +24.5%

Analyst consensus estimates — not the company's own guidance.

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P/E ROE ROCE Margins Market cap

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Revenue (FY2025)

$1.4B

Net margin

3.2%

ROE

8.7%

Revenue CAGR (2y)

+15.3%

Profit CAGR (2y)

+50.2%

EPS (FY2025)

1.09

Net profit (FY2025)

$45.7M

Ask MarketChacha about SHAK

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2025	$1.4B	$45.7M	1.09	3.2%	8.7%
FY2024	$1.3B	$10.2M	0.24	0.8%	2.2%
FY2023	$1.1B	$20.3M	0.48	1.9%	4.6%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q3	$417.6M	$15.7M	0.37	3.8%
2026Q2	$366.7M	$-290,000	-0.01	-0.1%
2025Q3	$367.4M	$12.5M	0.30	3.4%
2025Q2	$356.5M	$17.1M	0.41	4.8%
2025Q1	$320.9M	$4.2M	0.10	1.3%
2024Q3	$316.9M	$-10.2M	-0.26	-3.2%
2024Q2	$316.5M	$9.7M	0.23	3.1%
2024Q1	$290.5M	$2.0M	0.05	0.7%
2023Q3	$276.2M	$7.6M	0.19	2.8%
2023Q2	$271.8M	$6.9M	0.16	2.6%
2023Q1	$253.3M	$-1.5M	-0.04	-0.6%

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

8-K — Results of operations, Reg FD disclosure, Exhibits
SEC8/5/2026material
10-Q filing
SEC8/5/2026
8-K — Executive/director change, Exhibits
SEC6/12/2026material
8-K — Shareholder vote results
SEC6/11/2026material
8-K — Reg FD disclosure, Exhibits
SEC6/2/2026material
8-K — Results of operations, Reg FD disclosure, Exhibits
SEC5/7/2026material
8-K — Executive/director change, Reg FD disclosure, Exhibits
SEC5/7/2026material
10-Q filing
SEC5/7/2026
8-K — Reg FD disclosure, Exhibits
SEC4/1/2026material
8-K — Executive/director change
SEC3/9/2026material
8-K — Other events
SEC3/2/2026material
8-K — Results of operations, Reg FD disclosure, Exhibits
SEC2/26/2026material
10-K filing
SEC2/26/2026
8-K — Executive/director change
SEC2/24/2026material
8-K — Results of operations, Reg FD disclosure, Exhibits
SEC1/12/2026material

2025

8-K — Executive/director change, Reg FD disclosure, Exhibits
SEC11/25/2025material
8-K — Results of operations, Reg FD disclosure, Exhibits
SEC10/30/2025material
10-Q filing
SEC10/30/2025
8-K — Results of operations, Reg FD disclosure, Exhibits
SEC7/31/2025material
10-Q filing
SEC7/31/2025

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.