Growth Metrics

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

Shake Shack (SHAK) has disclosed Tax Rate for 12 consecutive years, with 35.16% as the latest value for Q3 2025.

  • On a quarterly basis, Tax Rate rose 931.0% to 35.16% in Q3 2025 year-over-year; TTM through Sep 2025 was 28.08%, a 23966.0% increase, with the full-year FY2024 number at 24.04%, up 4765.0% from a year prior.
  • Tax Rate was 35.16% for Q3 2025 at Shake Shack, up from 25.1% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 105.47% in Q1 2021 to a low of 383.53% in Q4 2023.
  • A 5-year average of 15.45% and a median of 19.34% in 2021 define the central range for Tax Rate.
  • Peak YoY movement for Tax Rate: crashed -29223bps in 2023, then soared 41140bps in 2024.
  • Shake Shack's Tax Rate stood at 9.45% in 2021, then crashed by -1066bps to 91.31% in 2022, then tumbled by -320bps to 383.53% in 2023, then skyrocketed by 107bps to 27.87% in 2024, then increased by 26bps to 35.16% in 2025.
  • Per Business Quant, the three most recent readings for SHAK's Tax Rate are 35.16% (Q3 2025), 25.1% (Q2 2025), and 14.04% (Q1 2025).