Shake Shack (SHAK) Tax Rate (2014 - 2026)
Shake Shack's (SHAK) quarterly Tax Rate came in at 25.94% in Q3 2026, up 84.0% year-over-year from 14.1% in Q3 2025, and down 21.46% quarter-over-quarter from 33.03% in Q2 2026.
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Analysis
Shake Shack (SHAK) Tax Rate (2014 - 2026) Analysis & Trends
Shake Shack (SHAK) has reported Tax Rate for 13 consecutive years, with 25.94% the latest figure, recorded in Q3 2026.
- On a quarterly basis, Tax Rate rose 84.0% year-over-year to 25.94% in Q3 2026; TTM through Jul 2026 was 33.43%, a 953.0% increase from a year earlier, with the FY2025 full-year figure at 31.54%, up 750.0% from the prior year.
- Tax Rate was 25.94% for Q3 2026 at Shake Shack, down from 33.03% in the prior quarter.
- Over five years, Tax Rate peaked at 39.64% in Q4 2025 and troughed at 383.53% in Q4 2023.
- A 5-year average of 20.09% and a median of 24.25% in 2025 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate tumbled 29223 bps in 2023 and surged 41140 bps in 2024, its largest moves.
- Over 5 years, Tax Rate stood at 91.31% in 2022, then tumbled by 320 bps to 383.53% in 2023, then surged by 107 bps to 27.87% in 2024, then surged by 42 bps to 39.64% in 2025, then plunged by 35 bps to 25.94% in 2026.
- The last three Tax Rate figures came in at 25.94% (Q3 2026), 33.03% (Q2 2026), and 39.64% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 168.67 Bn | 167.85 Bn | 6.42 Bn | 19.55% |
| 2 | Starbucks | 107.32 Bn | 103.72 Bn | 6.49 Bn | 26.38% |
| 3 | Chipotle Mexican Grill | 41.40 Bn | 40.73 Bn | 2.35 Bn | 24.33% |
| 4 | Yum Brands | 38.39 Bn | 37.72 Bn | 1.47 Bn | -60.04% |
| 5 | Restaurant Brands International | 25.02 Bn | 25.51 Bn | 1.89 Bn | -12.33% |
| 6 | Darden Restaurants | 24.39 Bn | 24.17 Bn | 3.68 Bn | 12.41% |
| 7 | Restaurant Brands International Limited Partnership | 17.01 Bn | 15.95 Bn | 1.89 Bn | -12.33% |
| 8 | Yum China Holdings | 14.09 Bn | 13.41 Bn | 2.22 Bn | 25.99% |
| 9 | Texas Roadhouse | 10.81 Bn | 10.63 Bn | 1.44 Bn | 13.53% |
| 10 | Shake Shack | 2.36 Bn | 2.08 Bn | 354.50 Mn | 25.94% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 1, 2026 | 25.94% |
| Apr 1, 2026 | 33.03% |
| Dec 31, 2025 | 39.64% |
| Sep 24, 2025 | 35.16% |
| Jun 25, 2025 | 25.10% |
| Mar 26, 2025 | 14.04% |
| Dec 25, 2024 | 27.87% |
| Sep 25, 2024 | 25.85% |
| Jun 26, 2024 | 23.41% |
| Mar 27, 2024 | 18.96% |
| Dec 27, 2023 | -383.53% |
| Sep 27, 2023 | 6.11% |
| Jun 28, 2023 | 4.58% |
| Mar 29, 2023 | -114.83% |
| Dec 28, 2022 | -91.31% |
| Sep 28, 2022 | 39.49% |
| Jun 29, 2022 | -118.62% |
| Mar 30, 2022 | 27.58% |
| Dec 29, 2021 | 9.45% |
| Sep 29, 2021 | 19.34% |
API Access
Shake Shack Tax Rate 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=tax-rate&ticker=SHAK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=SHAK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();