Shake Shack Inc (SHAK)

Operating return on assets (Operating ROA)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating income	US$ in thousands	3,038	5,921	-20,342	-14,126	-34,511
Total assets	US$ in thousands	1,696,970	1,605,860	1,494,860	1,457,570	1,145,350
Operating ROA		0.18%	0.37%	-1.36%	-0.97%	-3.01%

December 31, 2024 calculation

Operating ROA = Operating income ÷ Total assets
= $3,038K ÷ $1,696,970K
= 0.18%

The operating return on assets (ROA) for Shake Shack Inc has shown volatility over the years. It was negative in 2020 at -3.01% and improved slightly in 2021 to -0.97%. However, it decreased again in 2022 to -1.36%. There was a significant improvement in 2023 with a positive operating ROA of 0.37%, indicating better operational efficiency. In 2024, the operating ROA slightly declined to 0.18%. Overall, the trend shows some fluctuations, with the company managing to achieve a positive operating ROA in recent years after facing challenges earlier on.

Peer comparison

Dec 31, 2024

Company name

Symbol

Operating ROA

Shake Shack Inc

SHAK

0.18%

Starbucks Corporation