Growth Metrics

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

Shake Shack (SHAK) has disclosed Operating Margin for 12 consecutive years, with 4.68% as the latest value for Q4 2025.

  • On a quarterly basis, Operating Margin rose 157.0% to 4.68% in Q4 2025 year-over-year; TTM through Dec 2025 was 4.32%, a 408.0% increase, with the full-year FY2025 number at 4.32%, up 408.0% from a year prior.
  • Operating Margin was 4.68% for Q4 2025 at Shake Shack, down from 5.05% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 6.28% in Q2 2025 to a low of 7.34% in Q1 2022.
  • A 5-year average of 0.09% and a median of 0.17% in 2022 define the central range for Operating Margin.
  • Peak YoY movement for Operating Margin: skyrocketed 2799bps in 2021, then crashed -772bps in 2024.
  • Shake Shack's Operating Margin stood at 3.19% in 2021, then rose by 17bps to 2.65% in 2022, then skyrocketed by 83bps to 0.45% in 2023, then soared by 787bps to 3.11% in 2024, then surged by 51bps to 4.68% in 2025.
  • Per Business Quant, the three most recent readings for SHAK's Operating Margin are 4.68% (Q4 2025), 5.05% (Q3 2025), and 6.28% (Q2 2025).