Shake Shack Inc (SHAK)
Return on assets (ROA)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Sep 23, 2020 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 10,207 | 8,720 | 26,558 | 23,838 | 20,264 | 1,970 | -7,681 | -15,817 | -25,565 | -24,224 | -24,378 | -21,246 | -8,655 | -18,353 | -21,734 | -29,237 | -46,757 | -28,289 | -24,823 | -8,920 |
| Total assets | US$ in thousands | 1,696,970 | 1,675,420 | 1,661,760 | 1,618,830 | 1,605,790 | 1,564,860 | 1,532,820 | 1,506,920 | 1,494,860 | 1,501,770 | 1,480,080 | 1,449,730 | 1,457,570 | 1,440,300 | 1,432,270 | 1,407,590 | 1,145,350 | 1,137,200 | 1,137,200 | 1,123,940 |
| ROA | 0.60% | 0.52% | 1.60% | 1.47% | 1.26% | 0.13% | -0.50% | -1.05% | -1.71% | -1.61% | -1.65% | -1.47% | -0.59% | -1.27% | -1.52% | -2.08% | -4.08% | -2.49% | -2.18% | -0.79% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $10,207K ÷ $1,696,970K
= 0.60%
Shake Shack Inc's return on assets (ROA) has shown a declining trend from June 2020 to September 2023, with negative figures indicating inefficiency in generating profits relative to its assets during this period. However, starting from December 2023, the ROA turned positive, indicating a turnaround in the company's asset utilization and profitability. The ROA continued to improve gradually throughout 2024, reaching its highest point of 1.60% by June 2024. This suggests that Shake Shack Inc's management may have implemented effective strategies to enhance operational efficiency and profitability during this period.
Peer comparison
Dec 31, 2024