Shake Shack (SHAK) Operating Margin (2014 - 2026)
Shake Shack's (SHAK) quarterly Operating Margin came in at 4.97% in Q3 2026, down 131.0% year-over-year from 16.02% in Q3 2025, and up 791.66% quarter-over-quarter from 0.72% in Q2 2026.
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Analysis
Shake Shack (SHAK) Operating Margin (2014 - 2026) Analysis & Trends
Shake Shack (SHAK) has reported Operating Margin for 13 consecutive years, with 4.97% the latest figure, recorded in Q3 2026.
- On a quarterly basis, Operating Margin fell 131.0% year-over-year to 4.97% in Q3 2026; TTM through Jul 2026 was 3.57%, a 225.0% increase from a year earlier, with the FY2025 full-year figure at 4.32%, up 408.0% from the prior year.
- Operating Margin was 4.97% for Q3 2026 at Shake Shack, up from 0.72% in the prior quarter.
- Over five years, Operating Margin peaked at 6.28% in Q2 2025 and troughed at 7.34% in Q1 2022.
- A 5-year average of 0.64% and a median of 0.45% in 2025 frame the typical range for Operating Margin.
- Across the five-year window, Operating Margin plunged 772 bps in 2024 and surged 1072 bps in 2025, its largest moves.
- Over 5 years, Operating Margin stood at 2.65% in 2022, then surged by 83 bps to 0.45% in 2023, then jumped by 787 bps to 3.11% in 2024, then soared by 51 bps to 4.68% in 2025, then climbed by 6 bps to 4.97% in 2026.
- The last three Operating Margin figures came in at 4.97% (Q3 2026), 0.72% (Q2 2026), and 4.68% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 168.67 Bn | 167.85 Bn | 6.42 Bn | 47.02% |
| 2 | Starbucks | 107.32 Bn | 103.72 Bn | 6.49 Bn | 10.52% |
| 3 | Chipotle Mexican Grill | 41.40 Bn | 40.73 Bn | 2.35 Bn | 15.70% |
| 4 | Yum Brands | 38.39 Bn | 37.72 Bn | 1.47 Bn | 30.20% |
| 5 | Restaurant Brands International | 25.02 Bn | 25.51 Bn | 1.89 Bn | 28.41% |
| 6 | Darden Restaurants | 24.39 Bn | 24.17 Bn | 3.68 Bn | 13.90% |
| 7 | Restaurant Brands International Limited Partnership | 17.01 Bn | 15.95 Bn | 1.89 Bn | 28.41% |
| 8 | Yum China Holdings | 14.09 Bn | 13.41 Bn | 2.22 Bn | 11.09% |
| 9 | Texas Roadhouse | 10.81 Bn | 10.63 Bn | 1.44 Bn | 8.50% |
| 10 | Shake Shack | 2.36 Bn | 2.08 Bn | 354.50 Mn | 4.97% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 1, 2026 | 4.97% |
| Apr 1, 2026 | -0.72% |
| Dec 31, 2025 | 4.68% |
| Sep 24, 2025 | 5.05% |
| Jun 25, 2025 | 6.28% |
| Mar 26, 2025 | 0.89% |
| Dec 25, 2024 | 3.11% |
| Sep 25, 2024 | -5.68% |
| Jun 26, 2024 | 3.41% |
| Mar 27, 2024 | 0.01% |
| Dec 27, 2023 | -0.45% |
| Sep 27, 2023 | 2.05% |
| Jun 28, 2023 | 1.75% |
| Mar 29, 2023 | -1.26% |
| Dec 28, 2022 | -2.65% |
| Sep 28, 2022 | -2.12% |
| Jun 29, 2022 | -0.35% |
| Mar 30, 2022 | -7.34% |
| Dec 29, 2021 | -3.19% |
| Sep 29, 2021 | -1.36% |
API Access
Shake Shack Operating 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=operating-margin&ticker=SHAK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=SHAK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();