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Asset Utilization RatioAssets AverageEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Shake Shack (SHAK) Gross Margin (2016 - 2025)

Shake Shack (SHAK) has disclosed Gross Margin for 12 consecutive years, with 85.05% as the latest value for Q4 2025.

  • On a quarterly basis, Gross Margin fell 65.0% to 85.05% in Q4 2025 year-over-year; TTM through Dec 2025 was 85.28%, a 47.0% decrease, with the full-year FY2025 number at 85.28%, down 47.0% from a year prior.
  • Gross Margin was 85.05% for Q4 2025 at Shake Shack, roughly flat from 85.36% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 87.05% in Q2 2021 to a low of 84.96% in Q1 2025.
  • A 5-year average of 85.81% and a median of 85.73% in 2025 define the central range for Gross Margin.
  • Biggest YoY gain for Gross Margin was 263bps in 2021; the steepest drop was -249bps in 2021.
  • Shake Shack's Gross Margin stood at 86.22% in 2021, then decreased by 0bps to 85.89% in 2022, then dropped by 0bps to 85.64% in 2023, then grew by 0bps to 85.7% in 2024, then fell by -1bps to 85.05% in 2025.
  • Per Business Quant, the three most recent readings for SHAK's Gross Margin are 85.05% (Q4 2025), 85.36% (Q3 2025), and 85.76% (Q2 2025).