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| Date | Value |
|---|---|
| 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% |