Shake Shack (SHAK) EV to EBITDA (2015 - 2026)
Shake Shack's EV to EBITDA was 11.78 in Q2 2026, down 71.2% from 40.84 a year earlier and down 41.3% from the prior quarter.
Shake Shack (SHAK) EV to EBITDA (2015 - 2026) Analysis & Trends
On a trailing twelve-month basis, Shake Shack's EV to EBITDA was 5.74 through Jul 1, 2026, down 82.7% year-over-year; for FY2025, it was 17.14, down 63.1% from FY2024.
- In earlier years, EV to EBITDA was 46.39 in FY2024 (+68.1%), 27.59 in FY2023 (-5.6%), 29.22 in FY2022 (-45.7%) and 53.80 in FY2021 (-89.0%).
- The Q2 2026 figure marks the lowest quarterly EV to EBITDA in data going back to Q2 2015.
- Compared with a year earlier, EV to EBITDA has declined for four straight quarters, with an average decline of 4.4% over the last eight quarters.
- The best year-over-year quarter for EV to EBITDA over five years was Q3 2024 (growth of 85.0%); the worst was Q4 2021 (a decline of 89.0%).
- Per Business Quant data, SHAK's EV to EBITDA in the three quarters before Q2 2026 was 20.05 (Q1 2026), 17.14 (Q4 2025) and 21.60 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Mcdonalds | 171.96 Bn | 166.78 Bn | 6.42 Bn |
| 2 | Starbucks | 110.34 Bn | 97.96 Bn | - |
| 3 | Yum Brands | 41.48 Bn | 38.36 Bn | 1.47 Bn |
| 4 | Chipotle Mexican Grill | 39.00 Bn | 34.98 Bn | - |
| 5 | Restaurant Brands International | 25.80 Bn | 21.35 Bn | 1.38 Bn |
| 6 | Darden Restaurants | 24.38 Bn | 23.48 Bn | 1.68 Bn |
| 7 | Restaurant Brands International Limited Partnership | 17.01 Bn | 12.57 Bn | 1.38 Bn |
| 8 | Yum China Holdings | 15.57 Bn | 9.23 Bn | 537.00 Mn |
| 9 | Texas Roadhouse | 11.21 Bn | 10.55 Bn | - |
| 10 | Shake Shack | 2.84 Bn | 1.50 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jul 1, 2026 | 9.13 |
| Apr 1, 2026 | 15.49 |
| Dec 31, 2025 | 13.54 |
| Sep 24, 2025 | 17.23 |
| Jun 25, 2025 | 30.68 |
| Mar 26, 2025 | 22.68 |
| Dec 25, 2024 | 34.06 |
| Sep 25, 2024 | 29.93 |
| Jun 26, 2024 | 21.51 |
| Mar 27, 2024 | 24.27 |
| Dec 27, 2023 | 18.22 |
| Sep 27, 2023 | 14.54 |
| Jun 28, 2023 | 20.18 |
| Mar 29, 2023 | 14.82 |
| Dec 28, 2022 | 13.04 |
| Sep 28, 2022 | 15.90 |
| Jun 29, 2022 | 12.94 |
| Mar 30, 2022 | 24.41 |
| Dec 29, 2021 | 25.07 |
| Sep 29, 2021 | 32.63 |
Shake Shack EV to EBITDA API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-ebitda&ticker=SHAK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "ticker": "SHAK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-ebitda&ticker=SHAK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();