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- Shake Shack
Shake Shack Valuation Multiples
Discover revenue and EBITDA valuation multiples for Shake Shack and similar public comparables like Endeavour Group, Americana Restaurants, Skylark Holdings, Jubilant Foodworks and more.
Shake Shack Overview
About Shake Shack
Shake Shack Inc is a roadside burger stand. It serves a classic American menu of premium burgers, hot dogs, crispy chicken, frozen custard, crinkle-cut fries, shakes, beer, wine and more. The company's burgers are made with a whole-muscle blend of all-natural, hormone and antibiotic-free Angus beef, ground fresh daily, cooked to order, and served on a non-genetically modified organism (GMO) potato bun. Its menu focuses on food and beverages, crafted from a range of classic American foods. The company serves draft Root Beer, seasonal freshly-squeezed lemonade, organic fresh brewed iced tea, cold brew coffee, organic apple juice, and Shack20 bottled water.
Founded
2014
HQ

Employees
12.8K
Website
Sectors
Financials (LTM)
EV
$5B
Shake Shack Financials
Shake Shack reported last 12-month revenue of $2B and EBITDA of $219M.
In the same LTM period, Shake Shack generated $1B in gross profit, $219M in EBITDA, and $59M in net income.
Revenue (LTM)
Shake Shack P&L
In the most recent fiscal year, Shake Shack reported revenue of $1B and EBITDA of $210M.
Shake Shack expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $2B | XXX | $1B | XXX | XXX | XXX |
| Gross Profit | $1B | XXX | $688M | XXX | XXX | XXX |
| Gross Margin | 73% | XXX | 48% | XXX | XXX | XXX |
| EBITDA | $219M | XXX | $210M | XXX | XXX | XXX |
| EBITDA Margin | 15% | XXX | 15% | XXX | XXX | XXX |
| EBIT Margin | 4% | XXX | 6% | XXX | XXX | XXX |
| Net Profit | $59M | XXX | $58M | XXX | XXX | XXX |
| Net Margin | 4% | XXX | 4% | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Shake Shack Stock Performance
Shake Shack has current market cap of $4B, and enterprise value of $5B.
Market Cap Evolution
Shake Shack's stock price is $103.73.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $5B | $4B | 0.0% | XXX | XXX | XXX | $1.45 |
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Start Free TrialShake Shack Valuation Multiples
Shake Shack trades at 3.1x EV/Revenue multiple, and 21.5x EV/EBITDA.
EV / Revenue (LTM)
Shake Shack Financial Valuation Multiples
As of April 19, 2026, Shake Shack has market cap of $4B and EV of $5B.
Equity research analysts estimate Shake Shack's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Shake Shack has a P/E ratio of 70.9x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $4B | XXX | $4B | XXX | XXX | XXX |
| EV (current) | $5B | XXX | $5B | XXX | XXX | XXX |
| EV/Revenue | 3.1x | XXX | 3.3x | XXX | XXX | XXX |
| EV/EBITDA | 21.5x | XXX | 22.5x | XXX | XXX | XXX |
| EV/EBIT | 70.3x | XXX | 55.0x | XXX | XXX | XXX |
| EV/Gross Profit | 4.3x | XXX | 6.9x | XXX | XXX | XXX |
| P/E | 70.9x | XXX | 71.6x | XXX | XXX | XXX |
| EV/FCF | 84.3x | XXX | 83.5x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Shake Shack Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Shake Shack Margins & Growth Rates
Shake Shack's revenue in the last 12 month grew by 15%.
Shake Shack's revenue per employee in the last FY averaged $0.1M, while opex per employee averaged $0.0M for the same period.
Shake Shack's rule of 40 is 29% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Shake Shack's rule of X is 51% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Shake Shack Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 15% | XXX | 14% | XXX | XXX | XXX |
| EBITDA Margin | 15% | XXX | 15% | XXX | XXX | XXX |
| EBITDA Growth | 16% | XXX | 15% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 29% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 51% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.1M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.0M | XXX | XXX | XXX |
| G&A Expenses to Revenue | 12% | XXX | 20% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 42% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Shake Shack Public Comps
See public comps and valuation multiples for other Restaurants & Nightlife comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Shake Shack | XXX | XXX | XXX | XXX | XXX | XXX |
| Endeavour Group | XXX | XXX | XXX | XXX | XXX | XXX |
| Americana Restaurants | XXX | XXX | XXX | XXX | XXX | XXX |
| Skylark Holdings | XXX | XXX | XXX | XXX | XXX | XXX |
| Jubilant Foodworks | XXX | XXX | XXX | XXX | XXX | XXX |
| The Cheesecake Factory | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Shake Shack M&A Activity
Shake Shack acquired XXX companies to date.
Last acquisition by Shake Shack was on XXXXXXXX, XXXXX. Shake Shack acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Shake Shack
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Get Verified M&A Valuation Multiples
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Start Free TrialShake Shack Investment Activity
Shake Shack invested in XXX companies to date.
Shake Shack made its latest investment on XXXXXXXX, XXXXX. Shake Shack invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Shake Shack
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Shake Shack
| When was Shake Shack founded? | Shake Shack was founded in 2014. |
| Where is Shake Shack headquartered? | Shake Shack is headquartered in United States. |
| How many employees does Shake Shack have? | As of today, Shake Shack has over 12K employees. |
| Who is the CEO of Shake Shack? | Shake Shack's CEO is Robert M. Lynch. |
| Is Shake Shack publicly listed? | Yes, Shake Shack is a public company listed on NYSE. |
| What is the stock symbol of Shake Shack? | Shake Shack trades under SHAK ticker. |
| When did Shake Shack go public? | Shake Shack went public in 2015. |
| Who are competitors of Shake Shack? | Shake Shack main competitors are Endeavour Group, Americana Restaurants, Skylark Holdings, Jubilant Foodworks. |
| What is the current market cap of Shake Shack? | Shake Shack's current market cap is $4B. |
| What is the current revenue of Shake Shack? | Shake Shack's last 12 months revenue is $2B. |
| What is the current revenue growth of Shake Shack? | Shake Shack revenue growth (NTM/LTM) is 15%. |
| What is the current EV/Revenue multiple of Shake Shack? | Current revenue multiple of Shake Shack is 3.1x. |
| Is Shake Shack profitable? | Yes, Shake Shack is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Shake Shack? | Shake Shack's last 12 months EBITDA is $219M. |
| What is Shake Shack's EBITDA margin? | Shake Shack's last 12 months EBITDA margin is 15%. |
| What is the current EV/EBITDA multiple of Shake Shack? | Current EBITDA multiple of Shake Shack is 21.5x. |
| What is the current FCF of Shake Shack? | Shake Shack's last 12 months FCF is $56M. |
| What is Shake Shack's FCF margin? | Shake Shack's last 12 months FCF margin is 4%. |
| What is the current EV/FCF multiple of Shake Shack? | Current FCF multiple of Shake Shack is 84.3x. |
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