Growth Metrics

Shake Shack (SHAK) Shares Outstanding (Diluted Average) (2016 - 2025)

Shake Shack (SHAK) has disclosed Shares Outstanding (Diluted Average) for 12 consecutive years, with $41.8 million as the latest value for Q4 2025.

  • Quarterly Shares Outstanding (Diluted Average) fell 5.33% to $41.8 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $41.8 million through Dec 2025, down 5.33% year-over-year, with the annual reading at $41.8 million for FY2025, 5.33% down from the prior year.
  • Shares Outstanding (Diluted Average) for Q4 2025 was $41.8 million at Shake Shack, roughly flat from $41.9 million in the prior quarter.
  • The five-year high for Shares Outstanding (Diluted Average) was $44.2 million in Q4 2024, with the low at $39.1 million in Q4 2021.
  • Average Shares Outstanding (Diluted Average) over 5 years is $41.6 million, with a median of $41.8 million recorded in 2025.
  • The sharpest move saw Shares Outstanding (Diluted Average) grew 24.23% in 2021, then decreased 10.42% in 2022.
  • Over 5 years, Shares Outstanding (Diluted Average) stood at $39.1 million in 2021, then increased by 0.39% to $39.2 million in 2022, then increased by 11.88% to $43.9 million in 2023, then rose by 0.69% to $44.2 million in 2024, then fell by 5.33% to $41.8 million in 2025.
  • According to Business Quant data, Shares Outstanding (Diluted Average) over the past three periods came in at $41.8 million, $41.9 million, and $41.8 million for Q4 2025, Q3 2025, and Q2 2025 respectively.