Shake Shack annual total debt
2018
2019
2020
2021
2022
2023
2024
2025
Shake Shack Total Debt Growth & History (SHAK)
Shake Shack's total debt was $884.2M for fiscal 2025.
View full Shake Shack company overviewShake Shack annual total debt history
| Fiscal year | Period ended | Total debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $884.2M | $87.3M | +10.96% |
| 2024 | 2024-12-25 | $796.9M | $37.7M | +4.96% |
| 2023 | 2023-12-27 | $759.2M | $49.0M | +6.90% |
| 2022 | 2022-12-28 | $710.2M | $31.6M | +4.65% |
| 2021 | 2021-12-29 | $678.6M | $293.6M | +76.27% |
| 2020 | 2020-12-30 | $385.0M | $44.5M | +13.08% |
| 2019 | 2019-12-25 | $340.4M | $340.4M | — |
| 2018 | 2018-12-26 | $0 | — | — |
Shake Shack quarterly total debt
As of Dec 31, 2014
As of Apr 1, 2015
As of Jul 1, 2015
As of Sep 30, 2015
As of Dec 30, 2015
As of Mar 30, 2016
As of Jun 29, 2016
As of Sep 28, 2016
Q1.17
Q2.17
Q3.17
Q4.17
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Total debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-07-01 | $933.0M | $100.8M | +12.11% |
| Q1 2026 | 2026-04-01 | $918.8M | $99.4M | +12.14% |
| Q4 2025 | 2025-12-31 | $884.2M | $87.3M | +10.96% |
| Q3 2025 | 2025-09-24 | $847.1M | $44.8M | +5.58% |
| Q2 2025 | 2025-06-25 | $832.2M | $45.0M | +5.72% |
| Q1 2025 | 2025-03-26 | $819.4M | $46.2M | +5.98% |
| Q4 2024 | 2024-12-25 | $796.9M | $37.7M | +4.96% |
| Q3 2024 | 2024-09-25 | $802.4M | $46.7M | +6.18% |
| Q2 2024 | 2024-06-26 | $787.2M | $51.2M | +6.96% |
| Q1 2024 | 2024-03-27 | $773.1M | $48.1M | +6.63% |
| Q4 2023 | 2023-12-27 | $759.2M | $49.0M | +6.90% |
| Q3 2023 | 2023-09-27 | $755.7M | $46.4M | +6.54% |
| Q2 2023 | 2023-06-28 | $736.0M | $37.2M | +5.32% |
| Q1 2023 | 2023-03-29 | $725.0M | $45.8M | +6.74% |
| Q4 2022 | 2022-12-28 | $710.2M | $31.6M | +4.65% |
| Q3 2022 | 2022-09-28 | $709.3M | $42.0M | +6.29% |
| Q2 2022 | 2022-06-29 | $698.8M | $48.9M | +7.53% |
| Q1 2022 | 2022-03-30 | $679.3M | $42.9M | +6.75% |
| Q4 2021 | 2021-12-29 | $678.6M | $293.6M | +76.27% |
| Q3 2021 | 2021-09-29 | $667.3M | $291.1M | +77.36% |
| Q2 2021 | 2021-06-30 | $649.9M | $274.7M | +73.20% |
| Q1 2021 | 2021-03-31 | $636.3M | $215.3M | +51.13% |
| Q4 2020 | 2020-12-30 | $385.0M | $44.5M | +13.08% |
| Q3 2020 | 2020-09-23 | $376.2M | $28.5M | +8.21% |
| Q2 2020 | 2020-06-24 | $375.2M | $53.4M | +16.60% |
| Q1 2020 | 2020-03-25 | $421.0M | $124.9M | +42.17% |
| Q4 2019 | 2019-12-25 | $340.4M | $340.4M | — |
| Q3 2019 | 2019-09-25 | $347.7M | $347.7M | — |
| Q2 2019 | 2019-06-26 | $321.8M | $321.8M | — |
| Q1 2019 | 2019-03-27 | $296.1M | $296.1M | — |
| Q4 2018 | 2018-12-26 | $0 | $0 | — |
| Q3 2018 | 2018-09-26 | $0 | $0 | — |
| Q2 2018 | 2018-06-27 | $0 | $0 | — |
| Q1 2018 | 2018-03-28 | $0 | $0 | — |
| Q4 2017 | 2017-12-27 | $0 | — | — |
| Q3 2017 | 2017-09-27 | $0 | $0 | — |
| Q2 2017 | 2017-06-28 | $0 | $0 | — |
| Q1 2017 | 2017-03-29 | $0 | −$313,000 | — |
| As of Sep 28, 2016 | 2016-09-28 | $0 | −$313,000 | — |
| As of Jun 29, 2016 | 2016-06-29 | $0 | −$313,000 | — |
| As of Mar 30, 2016 | 2016-03-30 | $313,000 | $0 | 0.00% |
| As of Dec 30, 2015 | 2015-12-30 | $313,000 | −$32.0M | −99.03% |
| As of Sep 30, 2015 | 2015-09-30 | $313,000 | — | — |
| As of Jul 1, 2015 | 2015-07-01 | $313,000 | — | — |
| As of Apr 1, 2015 | 2015-04-01 | $313,000 | — | — |
| As of Dec 31, 2014 | 2014-12-31 | $32.3M | — | — |
Shake Shack total debt trends
Over the last five fiscal years, Shake Shack's total debt increased from $385.0M to $884.2M, a change of $499.2M. The latest reported quarter, Q2 2026, shows $933.0M.
About the metric
What total debt means
Total debt measures a company’s reported interest-bearing borrowing obligations at a reporting-period end. It can include short-term borrowings, current maturities, long-term debt, and finance lease obligations when they are included in the company’s debt facts.
Calculation and source
SEC-reported and combined total debt
TickerStat uses a reported aggregate debt value when available. Otherwise, it combines non-overlapping current and noncurrent debt facts from SEC filings. Total liabilities are not treated as debt, and missing debt is not assumed to be zero. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Shake Shack source filings ↗