Growth Metrics

Shake Shack (SHAK) Tax Rate (2016 - 2025)

Shake Shack (SHAK) has disclosed Tax Rate for 12 consecutive years, with 39.64% as the latest value for Q4 2025.

  • Quarterly Tax Rate rose 1177.0% to 39.64% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 31.54% through Dec 2025, up 750.0% year-over-year, with the annual reading at 31.54% for FY2025, 750.0% up from the prior year.
  • Tax Rate for Q4 2025 was 39.64% at Shake Shack, up from 35.16% in the prior quarter.
  • The five-year high for Tax Rate was 105.47% in Q1 2021, with the low at 383.53% in Q4 2023.
  • Average Tax Rate over 5 years is 12.69%, with a median of 21.38% recorded in 2021.
  • The sharpest move saw Tax Rate plummeted -29223bps in 2023, then skyrocketed 41140bps in 2024.
  • Over 5 years, Tax Rate stood at 9.45% in 2021, then plummeted by -1066bps to 91.31% in 2022, then crashed by -320bps to 383.53% in 2023, then surged by 107bps to 27.87% in 2024, then surged by 42bps to 39.64% in 2025.
  • According to Business Quant data, Tax Rate over the past three periods came in at 39.64%, 35.16%, and 25.1% for Q4 2025, Q3 2025, and Q2 2025 respectively.