Shake Shack (SHAK) Tax Rate (2014 - 2026)
Shake Shack (SHAK) posted Tax Rate of 25.94% for Q2 2026, up 0.84 percentage points from 25.10% a year earlier but down 7.09 percentage points from the prior quarter.
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Analysis
Shake Shack (SHAK) Tax Rate (2014 - 2026) Analysis & Trends
For the trailing twelve months through Jul 1, 2026, Tax Rate at Shake Shack was 33.43%, up 9.53 percentage points year-over-year; for FY2025, it was 31.54%, up 7.50 percentage points from FY2024.
- Annual Tax Rate shows a five-year change of +31.67 percentage points (FY2020 to FY2025).
- In prior years, Shake Shack's Tax Rate was 24.04% in FY2024 (+47.65 pp), -23.62% in FY2023 (-28.47 pp), 4.86% in FY2022 (-60.43 pp) and 65.29% in FY2021 (+65.42 pp).
- Quarterly Tax Rate has run from a low of -383.53% in Q4 2023 to a high of 39.64% in Q4 2025 over five years.
- On a year-over-year basis, Tax Rate has increased in each of the last five quarters, with an average year-over-year change of +58.60 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Tax Rate in the past five years was Q4 2024, with a gain of 411.40 percentage points; the weakest was Q4 2023, with a drop of 292.23 percentage points.
- According to Business Quant data, Tax Rate for the three prior quarters was 33.03% (Q1 2026), 39.64% (Q4 2025) and 35.16% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 171.96 Bn | 166.78 Bn | 6.42 Bn | 19.55% |
| 2 | Starbucks | 110.34 Bn | 97.96 Bn | - | 26.38% |
| 3 | Yum Brands | 41.48 Bn | 38.36 Bn | 1.47 Bn | - |
| 4 | Chipotle Mexican Grill | 39.00 Bn | 34.98 Bn | - | 24.33% |
| 5 | Restaurant Brands International | 25.80 Bn | 21.35 Bn | 1.38 Bn | - |
| 6 | Darden Restaurants | 24.38 Bn | 23.48 Bn | 1.68 Bn | 12.90% |
| 7 | Restaurant Brands International Limited Partnership | 17.01 Bn | 12.57 Bn | 1.38 Bn | - |
| 8 | Yum China Holdings | 15.57 Bn | 9.23 Bn | 537.00 Mn | 25.99% |
| 9 | Texas Roadhouse | 11.21 Bn | 10.55 Bn | - | 13.53% |
| 10 | Shake Shack | 2.84 Bn | 1.50 Bn | - | 25.94% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 1, 2026 | 25.94% |
| 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% |
| Jun 26, 2024 | 23.41% |
| Mar 27, 2024 | 18.96% |
| Sep 27, 2023 | 6.11% |
| Jun 28, 2023 | 4.58% |
| Jun 30, 2021 | 32.43% |
| Dec 25, 2019 | 252.43% |
| Jun 26, 2019 | 8.59% |
| Mar 27, 2019 | 36.20% |
| Dec 26, 2018 | 120.80% |
| Sep 26, 2018 | 24.39% |
| Jun 27, 2018 | 17.48% |
| Mar 28, 2018 | 19.39% |
| Dec 27, 2017 | 108.30% |
| Sep 27, 2017 | 24.06% |
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();