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Shake Shack (SHAK) Operating Leases (2018 - 2025)

Shake Shack (SHAK) has disclosed Operating Leases for 8 consecutive years, with $526.0 million as the latest value for Q2 2025.

  • On a quarterly basis, Operating Leases rose 7.87% to $526.0 million in Q2 2025 year-over-year; TTM through Jun 2025 was $526.0 million, a 7.87% increase, with the full-year FY2024 number at $494.5 million, up 6.45% from a year prior.
  • Operating Leases was $526.0 million for Q2 2025 at Shake Shack, up from $494.5 million in the prior quarter.
  • In the past five years, Operating Leases ranged from a high of $543.4 million in Q3 2024 to a low of $399.5 million in Q1 2022.
  • A 5-year average of $451.9 million and a median of $448.0 million in 2022 define the central range for Operating Leases.
  • Peak YoY movement for Operating Leases: dropped 0.16% in 2022, then grew 18.61% in 2023.
  • Shake Shack's Operating Leases stood at $400.1 million in 2021, then increased by 6.78% to $427.2 million in 2022, then increased by 8.73% to $464.5 million in 2023, then rose by 6.45% to $494.5 million in 2024, then grew by 6.37% to $526.0 million in 2025.
  • Per Business Quant, the three most recent readings for SHAK's Operating Leases are $526.0 million (Q2 2025), $494.5 million (Q4 2024), and $543.4 million (Q3 2024).