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Shake Shack SHAK Free cash flow margin

Free cash flow margin at other companies

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McDonald'sMCD
25.6%-0.4pp
Chipotle Mexican Grill logo
Chipotle Mexican GrillCMG
12.4%-0.5pp
Dutch Bros logo
Dutch BrosBROS
5.2%+2.8pp
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WingstopWING
19.7%+4.6pp
Texas Roadhouse logo
Texas RoadhouseTXRH
5.9%-1.2pp

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

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

Calculated from Shake Shack’s reported figures.

Based on trailing twelve months.

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 free cash flow margin?
Shake Shack (SHAK) reported free cash flow margin of 1.1% in Q1 2026.
How has Shake Shack's free cash flow margin changed year-over-year?
Shake Shack's free cash flow margin decreased by 65.7% year-over-year, from 3.1% to 1.1%.
What is the long-term trend for Shake Shack's free cash flow margin?
Over 3 years (2020 to 2025), Shake Shack's free cash flow margin has grown at a -14.6% compound annual growth rate (CAGR), from -6.3% to 3.9%.
What does free cash flow margin mean?
Free cash flow (operating cash flow minus capital expenditures) as a percentage of revenue, trailing twelve months. Measures how efficiently revenue converts into discretionary cash.