Shake Shack (SHAK) Net Margin (2014 - 2026)
Shake Shack's (SHAK) quarterly Net Margin came in at 4.04% in Q3 2026, down 114.0% year-over-year from 28.87% in Q3 2025, and up 5142.57% quarter-over-quarter from 0.08% in Q2 2026.
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Analysis
Shake Shack (SHAK) Net Margin (2014 - 2026) Analysis & Trends
Shake Shack (SHAK) has reported Net Margin for 13 consecutive years, with 4.04% the latest figure, recorded in Q3 2026.
- On a quarterly basis, Net Margin fell 114.0% year-over-year to 4.04% in Q3 2026; TTM through Jul 2026 was 2.79%, a 119.0% increase from a year earlier, with the FY2025 full-year figure at 3.16%, up 235.0% from the prior year.
- Net Margin was 4.04% for Q3 2026 at Shake Shack, up from 0.08% in the prior quarter.
- Over five years, Net Margin peaked at 5.19% in Q2 2025 and troughed at 5.55% in Q1 2022.
- A 5-year average of 0.99% and a median of 1.97% in 2025 frame the typical range for Net Margin.
- Across the five-year window, Net Margin tumbled 645 bps in 2024 and soared 724 bps in 2025, its largest moves.
- Over 5 years, Net Margin stood at 3.44% in 2022, then jumped by 174 bps to 2.53% in 2023, then increased by 12 bps to 2.84% in 2024, then gained by 14 bps to 3.25% in 2025, then rose by 25 bps to 4.04% in 2026.
- The last three Net Margin figures came in at 4.04% (Q3 2026), 0.08% (Q2 2026), and 3.25% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 168.67 Bn | 167.85 Bn | 6.42 Bn | 33.27% |
| 2 | Starbucks | 107.32 Bn | 103.72 Bn | 6.49 Bn | 11.21% |
| 3 | Chipotle Mexican Grill | 41.40 Bn | 40.73 Bn | 2.35 Bn | 12.05% |
| 4 | Yum Brands | 38.39 Bn | 37.72 Bn | 1.47 Bn | 39.33% |
| 5 | Restaurant Brands International | 25.02 Bn | 25.51 Bn | 1.89 Bn | 20.12% |
| 6 | Darden Restaurants | 24.39 Bn | 24.17 Bn | 3.68 Bn | 10.89% |
| 7 | Restaurant Brands International Limited Partnership | 17.01 Bn | 15.95 Bn | 1.89 Bn | 26.39% |
| 8 | Yum China Holdings | 14.09 Bn | 13.41 Bn | 2.22 Bn | 8.35% |
| 9 | Texas Roadhouse | 10.81 Bn | 10.63 Bn | 1.44 Bn | 7.26% |
| 10 | Shake Shack | 2.36 Bn | 2.08 Bn | 354.50 Mn | 4.04% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 1, 2026 | 4.04% |
| Apr 1, 2026 | -0.08% |
| Dec 31, 2025 | 3.25% |
| Sep 24, 2025 | 3.73% |
| Jun 25, 2025 | 5.19% |
| Mar 26, 2025 | 1.41% |
| Dec 25, 2024 | 2.84% |
| Sep 25, 2024 | -3.51% |
| Jun 26, 2024 | 3.28% |
| Mar 27, 2024 | 0.76% |
| Dec 27, 2023 | 2.53% |
| Sep 27, 2023 | 2.95% |
| Jun 28, 2023 | 2.66% |
| Mar 29, 2023 | -0.64% |
| Dec 28, 2022 | -3.44% |
| Sep 28, 2022 | -1.01% |
| Jun 29, 2022 | -0.56% |
| Mar 30, 2022 | -5.55% |
| Dec 29, 2021 | -3.08% |
| Sep 29, 2021 | -1.24% |
API Access
Shake Shack Net Margin 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=net-margin&ticker=SHAK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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=net-margin&ticker=SHAK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();