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Shake Shack SHAK Return on invested capital

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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$2.84B-37.6%
Enterprise value$3.47B-31.3%
P/E64.9×-157×
P/S1.8×-1.6×

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

Calculated from Shake Shack’s reported figures.

Based on trailing twelve months.

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

Filed
Aug 5, 2026, 7:11 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001620533-26-000034

FAQ

What is Shake Shack's return on invested capital?
Shake Shack (SHAK) reported return on invested capital of 3.4% in Q2 2026.
How has Shake Shack's return on invested capital changed year-over-year?
Shake Shack's return on invested capital increased by 149.2% year-over-year, from 1.4% to 3.4%.
What is the long-term trend for Shake Shack's return on invested capital?
Over 5 years (2020 to 2025), Shake Shack's return on invested capital has grown at a -9.5% compound annual growth rate (CAGR), from -7% to 4.3%.
What does return on invested capital mean?
Net operating profit after tax (operating income taxed at the effective rate) divided by average invested capital (debt plus equity minus cash). Measures the after-tax return on all capital put to work in the business, independent of capital structure.

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