Growth Metrics

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

Shake Shack (SHAK) has disclosed Net Margin for 12 consecutive years, with 4.54% as the latest value for Q4 2025.

  • On a quarterly basis, Net Margin rose 170.0% to 4.54% in Q4 2025 year-over-year; TTM through Dec 2025 was 3.8%, a 294.0% increase, with the full-year FY2025 number at 3.16%, up 235.0% from a year prior.
  • Net Margin was 4.54% for Q4 2025 at Shake Shack, up from 3.73% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 5.19% in Q2 2025 to a low of 5.55% in Q1 2022.
  • A 5-year average of 0.62% and a median of 0.93% in 2021 define the central range for Net Margin.
  • Peak YoY movement for Net Margin: surged 2075bps in 2021, then crashed -645bps in 2024.
  • Shake Shack's Net Margin stood at 3.08% in 2021, then decreased by -12bps to 3.44% in 2022, then soared by 174bps to 2.53% in 2023, then grew by 12bps to 2.84% in 2024, then soared by 60bps to 4.54% in 2025.
  • Per Business Quant, the three most recent readings for SHAK's Net Margin are 4.54% (Q4 2025), 3.73% (Q3 2025), and 5.19% (Q2 2025).