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Shake Shack SHAK Noncontrolling interests in subsidiaries

Noncontrolling interests in subsidiaries at other companies

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$29.82M+3.3%
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Texas Roadhouse logo
Texas RoadhouseTXRH
$21.24M+37.7%

Other financials

Income statement

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Revenue$417.6M+17.2%
Operating income$20.7M-7.3%
Net income$15.7M-8.6%
EPS (diluted)$0.37-9.8%

Balance sheet

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Cash & equivalents$308.0M-8.6%
Total debt$939.6M+12.2%
Total equity$544.3M+10.2%
Total assets$2.0B+9.9%

Cash flow

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Operating cash flow$57.0M-12.3%
CapEx$57.7M+51.5%
Free cash flow-$736.0K-103%

Valuation

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Market cap$2.87B-32.7%
Enterprise value$3.51B-26.5%
P/E65.8×-143×
P/S1.9×-1.4×

Profitability

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Operating margin3.6%+2.3pp
Net margin2.8%+1.3pp
FCF margin-0.8%-4.2pp

Returns & leverage

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Return on equity8.4%+4.1pp
Debt / equity1.7×0.0×
Current ratio1.7×-0.2×

Where this comes from

Reported directly by Shake Shack in its filing.

Tagged under the XBRL concept us-gaap:MinorityInterest.

The source filing: Shake Shack’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 7:11 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001620533-26-000034
Line itemJuly 12026December 312025
Class B common stock, $0.001 par value—35,000,000 shares authorized; 2,425,789 and 2,434,789 shares issued and outstanding as of July 1, 2026 and December 31, 2025, respectively.22
Additional paid-in capital456,186452,577
Retained earnings88,09972,709
Accumulated other comprehensive loss(6)(1)
Total stockholders' equity attributable to Shake Shack Inc.544,321525,327
Non-controlling interests27,23028,422
Total equity571,551553,749
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY$1,950,280$1,896,209

Item 1. Financial Statements (Unaudited).

FAQ

What is Shake Shack's noncontrolling interests in subsidiaries?
Shake Shack (SHAK) reported noncontrolling interests in subsidiaries of $27.23M in Q2 2026.
How has Shake Shack's noncontrolling interests in subsidiaries changed year-over-year?
Shake Shack's noncontrolling interests in subsidiaries increased by 9.1% year-over-year, from $24.97M to $27.23M.
What is the long-term trend for Shake Shack's noncontrolling interests in subsidiaries?
Over 5 years (2020 to 2025), Shake Shack's noncontrolling interests in subsidiaries has grown at a 0.9% compound annual growth rate (CAGR), from $27.17M to $28.42M.
What does noncontrolling interests in subsidiaries mean?
This represents the portion of a subsidiary's net assets that is owned by outside shareholders rather than the parent company. It is reported within equity to show the total value of the subsidiary's assets and liabilities that are not attributable to the parent. It reflects the non-controlling stake in consolidated entities.

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