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

Shake Shack (SHAK) has reported Tax Rate for 13 consecutive years, with 33.03% the latest figure, recorded in Q2 2026.

• In Q2 2026, Tax Rate rose 1899.0% year-over-year to 33.03%; the TTM figure through Apr 2026 stood at 32.91% (up 1117.0% YoY), while the FY2025 annual figure was 31.54%, up 750.0% from the prior year.
• Tax Rate eased to 33.03% in Q2 2026 per SHAK's latest filing, from 39.64% in the prior quarter.
• Across five years, Tax Rate topped out at 39.64% in Q4 2025 and bottomed at 383.53% in Q4 2023.
• Historically, Tax Rate has averaged 22.79% across 5 years, with a median of 23.41% in 2024.
• Annual changes were most pronounced in 2023 — Tax Rate slumped 29223 bps — and 2024, when it soared 41140 bps.
• Shake Shack's Tax Rate stood at 91.31% in 2022, then tumbled by 320 bps to 383.53% in 2023, then jumped by 107 bps to 27.87% in 2024, then jumped by 42 bps to 39.64% in 2025, then decreased 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.