Shake Shack (SHAK) Tax Rate (2014 - 2026)

Shake Shack (SHAK) reported Tax Rate of 33.03% for Q2 2026, up 1899.0% year-over-year from 1.65% in Q2 2025, and down 16.68% quarter-over-quarter from 39.64% in Q4 2025.

Shake Shack (SHAK) Tax Rate (2014 - 2026) Analysis & Trends

Shake Shack (SHAK) has 13 years of Tax Rate data on file, last reported at 33.03% in Q2 2026.

  • Tax Rate for Q2 2026 came in at 33.03%, up 1899.0% year-over-year; the trailing twelve-month figure through Apr 2026 was 32.91% (up 1117.0% YoY), and the FY2025 annual result was 31.54%, up 750.0% from the prior year.
  • Tax Rate fell to 33.03% in Q2 2026 per SHAK's latest filing, from 39.64% 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 22.79% and a median of 23.41% in 2024 frame the typical range for Tax Rate.
  • The sharpest annual moves came in 2023 and 2024: Tax Rate slumped 29223 bps in 2023, then soared 41140 bps in 2024.
  • A 5-year view of Tax Rate shows it stood at 91.31% in 2022, then slumped by 320 bps to 383.53% in 2023, then soared by 107 bps to 27.87% in 2024, then soared by 42 bps to 39.64% in 2025, then retreated by 17 bps to 33.03% in 2026.
  • Business Quant data shows SHAK's Tax Rate at 33.03% in Q2 2026, 39.64% in Q4 2025, and 35.16% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Starbucks 114.58 Bn 112.88 Bn 9.40 Bn 29.84
2 Chipotle Mexican Grill 42.15 Bn 41.28 Bn 2.61 Bn 25.38
3 Yum Brands 42.13 Bn 41.44 Bn 1.38 Bn 16.28
4 Restaurant Brands International 25.46 Bn 25.99 Bn 2.14 Bn 7.87
5 Darden Restaurants 24.75 Bn 24.51 Bn 3.31 Bn 12.95
6 Yum China Holdings 15.17 Bn 13.74 Bn 3.24 Bn 27.21
7 Texas Roadhouse 11.72 Bn 11.53 Bn 1.40 Bn 14.31
8 Dominos Pizza 10.51 Bn 10.28 Bn 464.51 Mn 22.60
9 Cava 10.34 Bn 9.94 Bn 797.57 Mn 19.05
10 Shake Shack 2.38 Bn 2.10 Bn 309.23 Mn 33.03

Historic Data

Download Data
DateValue
Apr 1, 2026 33.03%
Apr 1, 2026 33.03%
Dec 31, 2025 39.64%
Dec 31, 2025 39.64%
Sep 24, 2025 35.16%
Sep 24, 2025 35.16%
Jun 25, 2025 25.10%
Jun 25, 2025 25.10%
Mar 26, 2025 14.04%
Mar 26, 2025 14.04%
Dec 25, 2024 27.87%
Dec 25, 2024 27.87%
Sep 25, 2024 25.85%
Sep 25, 2024 25.85%
Jun 26, 2024 23.41%
Jun 26, 2024 23.41%
Mar 27, 2024 18.96%
Mar 27, 2024 18.96%
Dec 27, 2023 -383.53%
Dec 27, 2023 -383.53%