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Shake Shack (SHAK)

Market Price (4/12/2026): $98.61 | Market Cap: $4.0 Bil
Sector: Consumer Discretionary | Industry: Restaurants

Shake Shack (SHAK)

Market Price (4/12/2026): $98.61
Market Cap: $4.0 Bil
Sector: Consumer Discretionary
Industry: Restaurants

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 15%

Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 15%

Low stock price volatility
Vol 12M is 47%

Megatrend and thematic drivers
Megatrends include Experience Economy & Premiumization, E-commerce & Digital Retail, and Vegan & Alternative Foods. Themes include Experiential Retail, Show more.

Weak multi-year price returns
2Y Excs Rtn is -34%

Meaningful short interest
Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 18%

Expensive valuation multiples
P/EBITPrice/EBIT or Price/(Operating Income) ratio is 53x, P/EPrice/Earnings or Price/(Net Income) is 87x

Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -2.8%

Key risks
SHAK key risks include [1] significant margin pressure from its heavy reliance on volatile beef prices and [2] difficulty driving consistent traffic growth due to its premium pricing model and market saturation in key urban areas.

0 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 15%
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 15%
2 Low stock price volatility
Vol 12M is 47%
3 Megatrend and thematic drivers
Megatrends include Experience Economy & Premiumization, E-commerce & Digital Retail, and Vegan & Alternative Foods. Themes include Experiential Retail, Show more.
4 Weak multi-year price returns
2Y Excs Rtn is -34%
5 Meaningful short interest
Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 18%
6 Expensive valuation multiples
P/EBITPrice/EBIT or Price/(Operating Income) ratio is 53x, P/EPrice/Earnings or Price/(Net Income) is 87x
7 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -2.8%
8 Key risks
SHAK key risks include [1] significant margin pressure from its heavy reliance on volatile beef prices and [2] difficulty driving consistent traffic growth due to its premium pricing model and market saturation in key urban areas.

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Shake Shack (SHAK) stock has gained about 20% since 12/31/2025 because of the following key factors:

1. Strong Q4 2025 Financial Performance and Positive 2026 Outlook.

Shake Shack announced robust fourth-quarter and fiscal year 2025 financial results on February 26, 2026, reporting an adjusted EPS of $0.37, which surpassed analysts' consensus estimates of $0.35 by 5.71%. Total revenue for Q4 2025 increased 21.9% year-over-year to $400.5 million, with full-year 2025 revenue reaching $1.45 billion, a 15.4% increase from the prior year. The company also reported a 2.1% rise in same-Shack sales for Q4 2025 and provided an optimistic Q1 2026 guidance, projecting same-Shack sales growth of 3% to 5% and total revenue between $366.0 million and $370.0 million.

2. Aggressive Unit Expansion and Improved Capital Efficiency.

Shake Shack outlined ambitious growth plans, significantly increasing its long-term target to over 1,500 company-operated Shacks and planning to open 55 to 60 new company-operated locations and 40 to 45 licensed locations in 2026. This expansion is supported by a 20% reduction in the average net build cost for new restaurants, bringing it to under $2.0 million, demonstrating enhanced capital efficiency.

Show more

Stock Movement Drivers

Fundamental Drivers

The 21.5% change in SHAK stock from 12/31/2025 to 4/11/2026 was primarily driven by a 13.2% change in the company's P/E Multiple.
(LTM values as of)123120254112026Change
Stock Price ($)81.1798.6121.5%
Change Contribution By: 
Total Revenues ($ Mil)1,3731,4455.2%
Net Income Margin (%)3.1%3.2%2.0%
P/E Multiple76.786.813.2%
Shares Outstanding (Mil)40400.0%
Cumulative Contribution21.5%

LTM = Last Twelve Months as of date shown

Market Drivers

12/31/2025 to 4/11/2026
ReturnCorrelation
SHAK21.5% 
Market (SPY)-5.4%54.6%
Sector (XLY)-5.5%53.7%

Fundamental Drivers

The 5.3% change in SHAK stock from 9/30/2025 to 4/11/2026 was primarily driven by a 110.4% change in the company's Net Income Margin (%).
(LTM values as of)93020254112026Change
Stock Price ($)93.6198.615.3%
Change Contribution By: 
Total Revenues ($ Mil)1,3231,4459.2%
Net Income Margin (%)1.5%3.2%110.4%
P/E Multiple189.386.8-54.1%
Shares Outstanding (Mil)4040-0.1%
Cumulative Contribution5.3%

LTM = Last Twelve Months as of date shown

Market Drivers

9/30/2025 to 4/11/2026
ReturnCorrelation
SHAK5.3% 
Market (SPY)-2.9%42.7%
Sector (XLY)-5.6%48.7%

Fundamental Drivers

The 11.8% change in SHAK stock from 3/31/2025 to 4/11/2026 was primarily driven by a 288.2% change in the company's Net Income Margin (%).
(LTM values as of)33120254112026Change
Stock Price ($)88.1798.6111.8%
Change Contribution By: 
Total Revenues ($ Mil)1,2531,44515.4%
Net Income Margin (%)0.8%3.2%288.2%
P/E Multiple345.986.8-74.9%
Shares Outstanding (Mil)4040-0.5%
Cumulative Contribution11.8%

LTM = Last Twelve Months as of date shown

Market Drivers

3/31/2025 to 4/11/2026
ReturnCorrelation
SHAK11.8% 
Market (SPY)16.3%60.8%
Sector (XLY)15.0%61.5%

Fundamental Drivers

The 77.7% change in SHAK stock from 3/31/2023 to 4/11/2026 was primarily driven by a 60.5% change in the company's Total Revenues ($ Mil).
(LTM values as of)33120234112026Change
Stock Price ($)55.4998.6177.7%
Change Contribution By: 
Total Revenues ($ Mil)9001,44560.5%
P/S Multiple2.42.713.4%
Shares Outstanding (Mil)3940-2.4%
Cumulative Contribution77.7%

LTM = Last Twelve Months as of date shown

Market Drivers

3/31/2023 to 4/11/2026
ReturnCorrelation
SHAK77.7% 
Market (SPY)63.3%46.9%
Sector (XLY)54.4%47.4%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
SHAK Return-15%-42%78%75%-37%20%15%
Peers Return19%-3%35%-4%-13%3%33%
S&P 500 Return27%-19%24%23%16%-0%82%

Monthly Win Rates [3]
SHAK Win Rate33%25%42%58%25%75% 
Peers Win Rate55%43%60%45%48%60% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
SHAK Max Drawdown-18%-47%0%-12%-42%0% 
Peers Max Drawdown-7%-23%-3%-21%-23%-7% 
S&P 500 Max Drawdown-1%-25%-1%-2%-15%-7% 

[1] Cumulative total returns since the beginning of 2021
[2] Peers: MCD, CMG, QSR, DRI, BLMN. See SHAK Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 4/10/2026 (YTD)

How Low Can It Go

Unique KeyEventSHAKS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-70.9%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven243.5%34.1%
2022 Inflation ShockTime to BreakevenTime to Breakeven874 days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-57.6%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven135.7%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven238 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-45.0%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven81.7%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven401 days120 days

Compare to MCD, CMG, QSR, DRI, BLMN

In The Past

Shake Shack's stock fell -70.9% during the 2022 Inflation Shock from a high on 2/11/2021. A -70.9% loss requires a 243.5% gain to breakeven.

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Asset Allocation

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About Shake Shack (SHAK)

Shake Shack Inc. owns, operates, and licenses Shake Shack restaurants (Shacks) in the United States and internationally. Its Shacks offers hamburgers, hot dogs, chicken, crinkle cut fries, shakes, frozen custard, beer, wine, and other products. As of December 29, 2021, it operated 369 Shacks, including 218 domestic company-operated Shacks, 25 domestic licensed Shacks, and 126 international licensed Shacks. Shake Shack Inc. was founded in 2001 and is headquartered in New York, New York.

AI Analysis | Feedback

Analogies for Shake Shack (SHAK):
  • A Chipotle for burgers
  • The Starbucks of burgers

AI Analysis | Feedback

  • Hamburgers: Classic beef patties served on buns with various toppings.
  • Hot Dogs: Premium sausages typically served in buns with condiments.
  • Chicken: A selection of chicken-based menu items, often including sandwiches.
  • Crinkle Cut Fries: Distinctively shaped potato fries, known for their crispy texture.
  • Shakes: Hand-spun, creamy milkshakes available in various flavors.
  • Frozen Custard: A dense, rich frozen dessert similar to ice cream.
  • Beer: Alcoholic malt beverages offered to complement meals.
  • Wine: Alcoholic grape beverages available for purchase.

AI Analysis | Feedback

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Shake Shack (SHAK) primarily sells food and beverage products directly to individual consumers through its restaurants.

The company serves the following categories of customers:

  1. Casual Diners & Food Enthusiasts: Individuals and families who prioritize high-quality ingredients, a modern dining experience, and a step above traditional fast-food options. This segment values Shake Shack's fresh offerings and premium positioning within the fast-casual sector.
  2. Urban & Suburban Professionals/Residents: Customers working or residing in the metropolitan areas, bustling commercial districts, and affluent suburbs where Shake Shack locations are typically found. These individuals seek convenient, reliable, and quality meal solutions for lunch, dinner, or snacks during their daily routines.
  3. Tourists & Visitors: People traveling to cities and popular destinations where Shake Shack operates. Many are drawn to the brand's reputation, especially given its iconic New York City origins, seeking a popular local experience or a trusted, quality meal while exploring.
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  • Martin's Famous Pastry Shoppe, Inc. (Private Company)

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Rob Lynch, Chief Executive Officer

Rob Lynch has served as Shake Shack's Chief Executive Officer since May 2024. Prior to joining Shake Shack, Mr. Lynch was the President and Chief Executive Officer of Papa John's International, Inc., where he oversaw significant global sales growth. Before his time at Papa John's, he held the position of President at Arby's, leading operations, marketing, culinary, development, and digital transformation initiatives.

Katherine Fogertey, Chief Financial Officer

Katherine Fogertey was appointed Chief Financial Officer of Shake Shack, effective June 14, 2021. Before her role at Shake Shack, Ms. Fogertey spent over 15 years at Goldman Sachs in New York City. At Goldman Sachs, she served as a lead analyst covering the restaurant sector, with a focus on technology's impact on profitability and market share. She also held a position as a lead analyst for Derivatives and ETF research, overseeing single-stock options and global ETFs.

Stephanie Sentell, Chief Operations Officer

Stephanie Sentell serves as the Chief Operations Officer of Shake Shack. Details about her specific background and prior roles beyond Shake Shack are not explicitly detailed in the provided search results.

Michael Kark, President of Global Licensing

Michael Kark was promoted to President of Global Licensing, effective February 22, 2024. He joined Shake Shack in 2012 and has been a pivotal figure in the company's international expansion, growing its licensed shacks from four to over 225. Before Shake Shack, Mr. Kark gained extensive experience in the fast-food industry, working for Chipotle Mexican Grill for approximately seven years in roles such as Team Leader (Area Director) and General Manager.

Andrew McCaughan, Chief Development Officer

Andrew McCaughan holds the title of Chief Development Officer at Shake Shack. He joined the company in 2010. In his role, he is responsible for the overall growth of Shake Shack, leading the real estate strategy, design, construction, and facilities functions.

AI Analysis | Feedback

The key risks to Shake Shack's business include:

  1. Rising Commodity Costs: Shake Shack's profitability is significantly exposed to fluctuations in commodity prices, particularly beef, which constitutes a substantial portion of its food costs. Persistent beef inflation directly pressures the cost of food and paper, impacting restaurant-level profit margins.
  2. Labor Costs and Retention Challenges: The company faces ongoing challenges with rising labor costs and the difficulty of recruiting and retaining skilled team members in a competitive restaurant industry. These pressures can impact operational efficiency and overall margins.
  3. Intense Competition and Economic Sensitivity: Shake Shack operates in a highly competitive fast-casual dining market. Its premium positioning makes it vulnerable to shifts in consumer spending during economic downturns and intense competition from both established chains and emerging concepts, which can hinder traffic growth, especially in established markets.

AI Analysis | Feedback

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AI Analysis | Feedback

Addressable Markets for Shake Shack's Main Products and Services

Shake Shack operates within the broader Quick Service Restaurant (QSR) and Fast Casual restaurant markets, offering a menu that includes hamburgers, chicken, shakes, and frozen custard. The addressable markets for these key product categories are substantial, both in the United States and globally.

Overall Restaurant Market

  • Global Quick Service Restaurants (QSR) Market: The global quick service restaurant market was valued at approximately USD 1.06 trillion in 2025 and is projected to reach about USD 2.55 trillion by 2035, demonstrating a compound annual growth rate (CAGR) of 9.2% during this period. Another estimate indicates the global QSR market was valued at USD 1.04 trillion in 2025 and is predicted to grow to USD 2.5 trillion by 2035, with a CAGR of 9.16%.
  • U.S. Quick Service Restaurants (QSR) Market: The U.S. QSR market was valued at USD 1,064.44 billion in 2025 and is projected to reach USD 2,462.71 billion by 2035, growing at a CAGR of 8.75%. North America held a dominant share of the global QSR market, accounting for approximately 34.65% in 2025.
  • Global Fast Casual Restaurant Market: This market was valued at USD 190.51 billion in 2023 and is projected to reach USD 451.04 billion by 2031, with a CAGR of 11.56%. Other estimates place the global fast casual market at USD 144.8 billion in 2024, with a projection to reach USD 230 billion by 2030, growing at a CAGR of 7.4%.
  • U.S. Fast Casual Restaurant Market: North America's fast casual restaurant market accounted for 33.32% of the global market share and was valued at USD 63.48 billion in 2023. The U.S. fast casual segment is forecast to reach $84.1 billion in total annual sales in 2025.

Main Products and Services

  • Hamburgers:
    • Global: The global burger restaurant market was approximately $647.4 billion in 2024. The global Hamburger Market is estimated to be valued at USD 759.45 billion in 2026 and is projected to reach USD 1,168.48 billion by 2035, expanding at a CAGR of 7.9%.
    • U.S.: The Burger Restaurants market in the U.S. was valued at $173.6 billion in 2025 and is expected to grow at a CAGR of 3.3% over the five years to 2025. In 2026, the market size is estimated at $177.7 billion. The hamburgers segment held the largest market share of 38.96% in the U.S. fast food and quick services restaurants market in 2024.
  • Chicken:
    • Global: The global fried chicken market was worth around USD 44.56 billion in 2024 and is predicted to grow to approximately USD 78.92 billion by 2035, with a CAGR of 5.33%. Another report indicates the fried chicken market size will grow from $100.11 billion in 2025 to $107.19 billion in 2026, at a CAGR of 7.1%, and is projected to reach $139.66 billion in 2030.
    • U.S. (Fast-Food Chicken Industry): The fast-food chicken industry in the U.S. has grown at an annual rate of 7.2%, reaching $61.1 billion in revenue.
  • Frozen Custard (part of Frozen Desserts):
    • Global: The global frozen dessert market was valued at USD 138.43 billion in 2025 and is projected to grow to USD 199.56 billion by 2034, exhibiting a CAGR of 4.15%. Other estimates show the global frozen dessert market at USD 136.87 billion in 2025, forecasted to expand to approximately USD 206.53 billion by 2035.
    • U.S.: The U.S. frozen dessert market size was valued at USD 35.42 billion in 2024 and is poised to grow to USD 53.09 billion by 2033, at a CAGR of 4.6%. The U.S. frozen desserts market was estimated to be worth approximately USD 33.14 billion in 2023 and is projected to reach USD 49.50 billion by 2032.
  • Shakes (Packaged Milkshakes market as an indicator of demand):
    • Global: The global packaged milkshakes market size was valued at USD 369.04 million in 2024 and is poised to grow to USD 689.96 million by 2033, with a CAGR of 7.2%.
  • Hot Dogs and Crinkle Cut Fries: Specific market sizes for these products as standalone categories were not explicitly identified in the provided search results. They are generally encompassed within the broader Quick Service Restaurant and Fast Casual dining market segments.
  • Beer and Wine (in Restaurants): Specific market size data for beer and wine sales within the fast-casual or quick-service restaurant industry was not available from the search results.

AI Analysis | Feedback

Shake Shack Inc. (SHAK) is expected to drive future revenue growth over the next 2-3 years through several key strategies:

  1. Aggressive Unit Expansion: Shake Shack plans significant expansion of its restaurant footprint, both domestically and internationally. The company has increased its long-term total addressable market forecast to over 1,500 company-operated Shacks and expects to open 55-60 new company-operated Shacks and 40-45 new licensed Shacks in fiscal year 2026. This unit-led growth is a central component of its strategy.
  2. Same-Shack Sales Growth through Culinary Innovation and Strategic Marketing: The company aims to increase sales at existing locations by continually introducing new menu items and leveraging targeted marketing campaigns. Initiatives such as the "Big Shack" burger and value-focused in-app promotions (e.g., "$1, $3, $5" offers) have been successful in driving traffic and engagement. Shake Shack also plans increased media investments to support brand visibility.
  3. Enhanced Digital Engagement and Loyalty Program Launch: Shake Shack is focusing on growing its digital channels and improving customer engagement. The success of its in-app promotions has led to significant increases in app downloads, and the company plans to launch a loyalty program in the coming year. These digital initiatives are designed to boost customer frequency and strengthen brand connection.
  4. Strategic International Licensed Expansion: International growth, primarily through licensed locations, is another driver of revenue. Shake Shack is being selective with its international partners, developing new, smaller formats to offer greater real estate flexibility, and tailoring menu items to suit specific regional preferences. This approach supports global expansion with minimal capital investment.

AI Analysis | Feedback

Capital Allocation Decisions (Last 3-5 Years)

Share Repurchases

  • Shake Shack reported $0 in share repurchases for the fiscal year ended December 31, 2025.
  • The company's repurchase of stock for the trailing twelve months ended December 2025 was also $0 million.

Share Issuance

  • As of December 31, 2025, Shake Shack had 40,254,281 shares of Class A common stock issued and outstanding, an increase from 40,068,068 shares as of December 25, 2024.
  • As of December 31, 2025, there were 2,434,789 shares of Class B common stock issued and outstanding, a slight decrease from 2,455,713 shares as of December 25, 2024.
  • The company maintains the authority to issue "blank check" preferred stock, which could increase the number of outstanding shares.

Capital Expenditures

  • Shake Shack's capital expenditures in Q4 2025 were a "meaningful cash outflow" of approximately $59.15 million, reflecting ongoing investment in store openings and equipment.
  • In fiscal year 2025, the average investment per new Shack was about $2.3 million, or $1.9 million net of landlord allowances, with the average net build cost for new Shacks reduced to under $2 million, representing a 20% reduction.
  • The primary focus of capital expenditures is an aggressive expansion strategy, with 45 new company-operated Shacks opened in 2025 and a plan to build another 55-60 Shacks in 2026. The company is also investing in digital channels, kiosks, personalized offers, and loyalty programs to enhance guest engagement.

Better Bets vs. Shake Shack (SHAK)

Latest Trefis Analyses

TitleDate
0DASHBOARDS 
1SHAK Stock Surges 23% With A 9-day Winning Spree On Deutsche Bank Upgrade01/14/2026
2SHAK Stock Surges 21% With A 8-day Winning Spree On Deutsche Bank Upgrade01/13/2026
3Shake Shack Earnings Notes12/26/2025
4How Low Can Shake Shack Stock Really Go?10/17/2025
5Is The 25.0% Decline In Shake Shack (SHAK) Stock A Dip Buying Opportunity?08/27/2025
6Is The 27.2% Decline In Shake Shack (SHAK) Stock A Dip Buying Opportunity?08/21/2025
7SHAK Drops 21% in a Month, But Does MSFT Offer Better Fundamentals?08/18/2025
8SHAK's 21% Decline in a Month Brings Valuations Into Focus - Is CVNA a Better Deal?08/18/2025
9After SHAK's 21% Single Month Slide, TXRH Looks Like the Stronger Long-Term Play08/18/2025
10ARTICLES 
11Has SHAK Stock Become A Bargain After Dropping 25%?08/26/2025
12Should You Buy The Dip After SHAK Stock Plunged 27%?08/21/2025
13SHAK Stock Has Fallen 23%, Is It Time To Get In?08/14/2025
14Down 20%, Is SHAK Stock A Buy Now?08/08/2025
15After A 21% Slide, Is SHAK Stock Worth A Look?08/02/2025
Title
0DASHBOARDS
1SHAK Stock Surges 23% With A 9-day Winning Spree On Deutsche Bank Upgrade
2SHAK Stock Surges 21% With A 8-day Winning Spree On Deutsche Bank Upgrade
3Shake Shack Earnings Notes
4How Low Can Shake Shack Stock Really Go?
5Is The 25.0% Decline In Shake Shack (SHAK) Stock A Dip Buying Opportunity?
6Is The 27.2% Decline In Shake Shack (SHAK) Stock A Dip Buying Opportunity?
7SHAK Drops 21% in a Month, But Does MSFT Offer Better Fundamentals?
8SHAK's 21% Decline in a Month Brings Valuations Into Focus - Is CVNA a Better Deal?
9After SHAK's 21% Single Month Slide, TXRH Looks Like the Stronger Long-Term Play
10ARTICLES
11Has SHAK Stock Become A Bargain After Dropping 25%?
12Should You Buy The Dip After SHAK Stock Plunged 27%?
13SHAK Stock Has Fallen 23%, Is It Time To Get In?
14Down 20%, Is SHAK Stock A Buy Now?
15After A 21% Slide, Is SHAK Stock Worth A Look?

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SHAK_10312019_Quality_Momentum_RoomToRun_10%10312019SHAKShake ShackQualityQ | Momentum | UpsideQuality Stocks with Momentum and Upside
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Peer Comparisons

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Financials

SHAKMCDCMGQSRDRIBLMNMedian
NameShake Sh.McDonald.Chipotle.Restaura.Darden R.Bloomin . 
Mkt Price98.61305.6834.0976.39192.395.9387.50
Mkt Cap4.0217.444.825.622.10.523.9
Rev LTM1,44526,88311,9269,43412,7643,95610,680
Op Inc LTM8612,3912,0132,4921,5091101,761
FCF LTM577,1861,4481,449994971,221
FCF 3Y Avg267,0371,3941,3189921181,155
CFO LTM22210,5512,1141,7141,7352771,724
CFO 3Y Avg1759,8692,0011,5131,6673461,590

Growth & Margins

SHAKMCDCMGQSRDRIBLMNMedian
NameShake Sh.McDonald.Chipotle.Restaura.Darden R.Bloomin . 
Rev Chg LTM15.4%3.7%5.4%12.2%8.5%0.1%7.0%
Rev Chg 3Y Avg17.1%5.1%11.4%13.3%7.3%-0.4%9.4%
Rev Chg Q21.9%9.7%4.9%7.4%5.9%0.3%6.7%
QoQ Delta Rev Chg LTM5.2%2.4%1.2%1.8%1.5%0.1%1.7%
Op Mgn LTM5.9%46.1%16.9%26.4%11.8%2.8%14.3%
Op Mgn 3Y Avg4.2%46.0%17.0%27.9%11.9%5.2%14.5%
QoQ Delta Op Mgn LTM0.3%-0.0%-0.1%0.5%-0.0%-0.6%-0.0%
CFO/Rev LTM15.4%39.2%17.7%18.2%13.6%7.0%16.6%
CFO/Rev 3Y Avg13.7%37.8%18.1%18.3%14.0%8.5%16.1%
FCF/Rev LTM3.9%26.7%12.1%15.4%7.8%2.4%10.0%
FCF/Rev 3Y Avg1.8%27.0%12.6%16.0%8.4%2.9%10.5%

Valuation

SHAKMCDCMGQSRDRIBLMNMedian
NameShake Sh.McDonald.Chipotle.Restaura.Darden R.Bloomin . 
Mkt Cap4.0217.444.825.622.10.523.9
P/S2.78.13.82.71.70.12.7
P/EBIT53.117.422.311.615.413.616.4
P/E86.825.429.233.020.061.331.1
P/CFO17.920.621.214.912.81.816.4
Total Yield1.2%6.3%3.4%7.4%8.1%9.2%6.8%
Dividend Yield0.0%2.4%0.0%4.3%3.1%7.6%2.7%
FCF Yield 3Y Avg0.6%3.3%2.3%5.8%4.5%10.0%3.9%
D/E0.20.30.10.60.34.00.3
Net D/E0.10.20.10.60.33.90.3

Returns

SHAKMCDCMGQSRDRIBLMNMedian
NameShake Sh.McDonald.Chipotle.Restaura.Darden R.Bloomin . 
1M Rtn13.6%-5.6%4.7%6.9%-2.3%9.0%5.8%
3M Rtn5.7%0.0%-15.0%11.7%-4.2%-15.5%-2.1%
6M Rtn13.7%4.1%-14.4%16.3%7.8%-13.9%6.0%
12M Rtn19.2%0.9%-31.5%26.0%2.0%-12.5%1.4%
3Y Rtn76.6%14.8%0.5%27.0%39.8%-72.7%20.9%
1M Excs Rtn5.9%-6.6%0.1%6.4%-5.3%3.5%1.8%
3M Excs Rtn8.9%1.0%-11.5%13.8%-2.0%-12.4%-0.5%
6M Excs Rtn5.8%4.1%-17.7%14.6%3.8%-22.3%4.0%
12M Excs Rtn-6.8%-32.5%-62.7%-4.8%-29.8%-38.3%-31.1%
3Y Excs Rtn9.4%-50.2%-68.0%-38.6%-26.6%-139.2%-44.4%

Financials

Segment Financials

Assets by Segment
$ Mil20252024202320222021
Single segment1,6971,606   
Total1,6971,606   


Price Behavior

Price Behavior
Market Price$98.61 
Market Cap ($ Bil)4.0 
First Trading Date01/30/2015 
Distance from 52W High-30.6% 
   50 Days200 Days
DMA Price$92.03$99.06
DMA Trenddownup
Distance from DMA7.2%-0.5%
 3M1YR
Volatility47.7%43.8%
Downside Capture0.390.61
Upside Capture154.93107.70
Correlation (SPY)49.6%44.8%
SHAK Betas & Captures as of 3/31/2026

 1M2M3M6M1Y3Y
Beta2.342.491.971.451.551.47
Up Beta5.483.172.102.331.701.66
Down Beta2.303.142.511.921.651.56
Up Capture208%283%229%89%128%202%
Bmk +ve Days7162765139424
Stock +ve Days9203361125367
Down Capture189%162%127%110%125%107%
Bmk -ve Days12233358110323
Stock -ve Days13223065126382

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return		Annualized
Volatility		Sharpe
Ratio		Correlation
with SHAK
SHAK30.9%46.7%0.72-
Sector ETF (XLY)28.9%22.5%1.0557.1%
Equity (SPY)31.2%17.3%1.4756.7%
Gold (GLD)60.1%27.8%1.69-0.3%
Commodities (DBC)29.8%16.6%1.588.2%
Real Estate (VNQ)21.3%15.2%1.0744.3%
Bitcoin (BTCUSD)-4.3%43.7%0.0227.8%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return		Annualized
Volatility		Sharpe
Ratio		Correlation
with SHAK
SHAK-2.7%50.2%0.12-
Sector ETF (XLY)6.3%23.7%0.2355.3%
Equity (SPY)11.1%17.0%0.5051.2%
Gold (GLD)22.1%17.8%1.025.2%
Commodities (DBC)11.8%18.8%0.528.3%
Real Estate (VNQ)3.7%18.8%0.1040.6%
Bitcoin (BTCUSD)4.3%56.5%0.3024.8%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return		Annualized
Volatility		Sharpe
Ratio		Correlation
with SHAK
SHAK10.4%49.5%0.39-
Sector ETF (XLY)12.2%22.0%0.5152.8%
Equity (SPY)13.8%17.9%0.6650.0%
Gold (GLD)14.2%15.9%0.744.3%
Commodities (DBC)8.6%17.6%0.4115.6%
Real Estate (VNQ)5.1%20.7%0.2242.8%
Bitcoin (BTCUSD)67.6%66.9%1.0718.4%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date3312026
Short Interest: Shares Quantity7.2 Mil
Short Interest: % Change Since 315202617.8%
Average Daily Volume1.2 Mil
Days-to-Cover Short Interest5.9 days
Basic Shares Quantity40.3 Mil
Short % of Basic Shares17.8%

Returns Analyses

Earnings Returns History

Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
1/12/20261.8%0.5%0.3%
10/30/20251.7%6.6%-4.1%
7/31/2025-14.6%-19.8%-24.8%
5/1/20251.1%16.2%47.9%
1/13/2025-5.3%-10.1%-17.0%
10/30/20247.8%11.6%16.5%
8/1/202416.9%10.9%15.7%
5/2/20241.6%-0.6%-8.2%
...
SUMMARY STATS   
# Positive101112
# Negative141312
Median Positive9.8%10.9%17.4%
Median Negative-4.7%-6.4%-9.1%
Max Positive26.0%25.7%47.9%
Max Negative-15.3%-24.7%-24.8%

SEC Filings

Expand for More
Report DateFiling DateFiling
12/31/202502/26/202610-K
09/30/202510/30/202510-Q
06/30/202507/31/202510-Q
03/31/202505/01/202510-Q
12/31/202402/21/202510-K
09/30/202410/31/202410-Q
06/30/202408/02/202410-Q
03/31/202405/03/202410-Q
12/31/202302/29/202410-K
09/30/202311/03/202310-Q
06/30/202308/04/202310-Q
03/31/202305/05/202310-Q
12/31/202202/23/202310-K
09/30/202211/04/202210-Q
06/30/202208/05/202210-Q
03/31/202205/06/202210-Q

Insider Activity

Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value		Value of
Held Shares		Form
1Sentell, Stephanie AnnChief Operations OfficerDirectSell1222202585.7820017,156832,666Form
2Sentell, Stephanie AnnChief Operations OfficerDirectSell1126202585.141,10093,657843,509Form
3Fogertey, Katherine IreneChief Financial OfficerDirectSell7092025141.282,023285,8084,685,523Form
4Fogertey, Katherine IreneChief Financial OfficerDirectSell7092025140.0367093,8174,550,122Form
5Meyer, Daniel Harris TrustSell7032025139.0315,8002,196,67348,964,113Form

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