公司概述
Shake Shack Inc. owns, operates, and licenses Shake Shack restaurants in the United States and internationally, offering a menu that includes burgers, chicken, hot dogs, crinkle cut fries, shakes, frozen custard, beer, wine, and other products. The company operates within the Consumer Cyclical sector and specifically within the Restaurants industry, positioning it as a business sensitive to discretionary consumer spending patterns and economic cycles. With a market capitalization of $4.18B and annual revenue of $1.45B, the firm employs a workforce of 13873 individuals across its locations. These financial figures indicate that Shake Shack maintains a substantial market presence, reflecting its established footprint as a significant player in the quick-service restaurant landscape while balancing operational scale with a mid-cap valuation profile.
财务健康
The company reported a trailing twelve-month revenue of $1.45B and a net income of $45.73M, while generating an EBITDA of $174.36M. The significant disparity between the $1.45B revenue and the $45.73M net income highlights a substantial cost structure comprising cost of goods sold, operating expenses, and taxes that reduces bottom-line profitability to approximately 3.2%. Free cash flow stood at $29.68M, which represents the cash remaining after capital expenditures and provides the company with financial flexibility to fund operations or manage working capital needs. Profitability metrics reveal a gross margin of 40.2%, indicating efficient product costing, contrasted with an operating margin of 5.1% and a net profit margin of 3.2%, which suggests that overhead costs and operational leverage significantly impact final earnings. On the balance sheet, cash holdings of $360.12M are lower than total debt of $902.13M, and the debt-to-equity ratio is 162.91, indicating a leveraged capital structure rather than a conservative one. Liquidity is supported by a current ratio of 1.76, suggesting the company holds sufficient current assets to cover its short-term liabilities. Return on equity is 9.5% while return on assets is 2.4%, revealing that management generates higher returns relative to shareholder equity but faces challenges in utilizing total assets efficiently to generate profit.
估值评估
Shake Shack trades with a trailing P/E ratio of 89.78 and a forward P/E of 56.28, implying that the market expects earnings growth to eventually bring the valuation multiple down from current historical levels. The price-to-book ratio is 7.50, indicating that the market values the company at a significant premium over its tangible book value, likely due to brand intangibles and growth expectations. Alternative valuation metrics such as a price-to-sales ratio of 2.89 and an EV/EBITDA of 25.87 suggest that investors are pricing in substantial future expansion potential relative to current sales and operating earnings. The stock has a 52-week high of $144.65 and a 52-week low of $74.46; without a specific current share price provided in the facts, the valuation context relies on these range boundaries to define recent volatility. The beta value of 1.75 indicates that the stock exhibits high price volatility relative to the broader market, moving with greater intensity than the S&P 500 during periods of market fluctuation.
Growth & Income
Revenue growth year-over-year is 21.9%, while earnings growth year-over-year is 28.7%, demonstrating that earnings are expanding at a faster pace than revenue, which implies improved operational efficiency or margin expansion. The company does not pay dividends, evidenced by a dividend yield of N/A and a payout ratio of 0.0%, meaning the firm reinvests all net income into business growth, expansion, or debt management rather than returning capital to shareholders. This retention strategy aligns with the high growth rates observed in revenue and earnings, prioritizing capital allocation toward scaling the restaurant network over immediate shareholder payouts. The overall growth and income profile is characterized by aggressive expansion funded by retained earnings, supported by a volatile but high-growth trajectory that offers capital appreciation potential rather than income generation.