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Shake Shack SHAK Tax Receivable Agreement Liability, Noncurrent

Tax Receivable Agreement Liability, Noncurrent at other companies

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Other financials

Income statement

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Revenue$366.7M+14.3%
Operating income-$2.6M-193%
Net income-$290.0K-107%
EPS (diluted)-$0.01-110%

Balance sheet

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Cash & equivalents$313.7M+0.2%
Total debt$925.2M+12.2%
Total equity$525.9M+11.1%
Total assets$1.9B+11.0%

Cash flow

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Operating cash flow$8.5M-72.8%
CapEx$47.2M+60.8%
Free cash flow-$38.7M-2,170%

Valuation

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Market cap$2.18B+0.8%
Enterprise value$2.8B+3.2%
P/E48.4×-126×
P/S1.5×-0.2×

Profitability

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Operating margin3.8%+3.4pp
Net margin3%+2.1pp
FCF margin1.1%-2.0pp

Returns & leverage

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Return on equity9%+6.3pp
Debt / equity1.8×0.0×
Current ratio1.7×-0.2×

Where this comes from

Reported directly by Shake Shack in its filing.

Tagged under the XBRL concept shak:TaxReceivableAgreementLiabilityNoncurrent.

The official record: Shake Shack’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Shake Shack's tax receivable agreement liability, noncurrent?
Shake Shack (SHAK) reported tax receivable agreement liability, noncurrent of $244.61M in Q1 2026.
How has Shake Shack's tax receivable agreement liability, noncurrent changed year-over-year?
Shake Shack's tax receivable agreement liability, noncurrent decreased by 1.1% year-over-year, from $247.42M to $244.61M.
What is the long-term trend for Shake Shack's tax receivable agreement liability, noncurrent?
Over 5 years (2020 to 2025), Shake Shack's tax receivable agreement liability, noncurrent has grown at a 1.0% compound annual growth rate (CAGR), from $232.95M to $244.46M.
What does tax receivable agreement liability, noncurrent mean?
This liability represents the long-term obligation to pay out a portion of realized tax savings to pre-IPO shareholders or partners under a Tax Receivable Agreement. It reflects the future cash impact of tax benefits that the company has already recognized or expects to realize over time. Investors track this to assess the long-term cash obligations that may offset the financial benefits of tax attributes.