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Shake Shack's earnings per share without non-recurring items for the
three
months ended in Mar. 2026 was €0.10.
Its earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Mar. 2026 was €1.20.
During the past 12 months, Shake Shack's average earnings per share (NRI) Growth Rate was 32.90% per year.
During the past 10 years, the average earnings per share (NRI) Growth Rate was 0.00% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EPS without NRI Growth Rate using Earnings per share without Non-Recurring Items (NRI) data.
The historical rank and industry rank for Shake Shack's EPS without NRI or its related term are showing as below:
During the past 13 years, Shake Shack's highest 3-Year average Earnings Per Share (NRI) Growth Rate was 63.70% per year. The lowest was -59.00% per year. And the median was 16.10% per year.
STU:9SH's 3-Year EPS without NRI Growth Rate is not ranked *
in the Restaurants industry.
Industry Median: 13 * Ranked among companies with meaningful 3-Year EPS without NRI Growth Rate only.
Shake Shack's EPS (Diluted) for the
three
months ended in Mar. 2026 was €-0.01.
Its EPS (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was €0.84.
Shake Shack's EPS (Basic) for the
three
months ended in Mar. 2026 was €-0.01.
Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was €0.88.
Shake Shack (STU:9SH) EPS without NRI Explanation
EPS without NRI removes onetime and unusual items from EPS, to provide investors with a more accurate measure of the company’s true earnings. The earnings are adjusted for items that are irregular or unusual in nature, and/or are non-recurring. This is calculated using Net Income (Continuing Operations) plus/minus any tax affected unusual Items and Goodwill Impairments/Write Offs. This can be used to fairly measure a company's profitability.
Be Aware
Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.
If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.
Shake Shack EPS without NRI Related Terms
Shake Shack EPS without NRI Historical Data
* Premium members only.
The historical data trend for Shake Shack's EPS without NRI can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
STU:9SH vs ARCO, BJRI, WEN: EPS without NRI Comparison
For the Restaurants subindustry, Shake Shack's PE Ratio without NRI, along with its competitors' market caps and PE Ratio without NRI data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Shake Shack PE Ratio without NRI vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Shake Shack's PE Ratio without NRI distribution charts can be found below:
* The bar in red indicates where Shake Shack's PE Ratio without NRI falls into.
Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.
Earnings Per Share without Non-Recurring Items is the amount of earnings without non-recurring items per outstanding share of the company's stock.
EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €1.20
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Shake Shack (STU:9SH) has a EPS without NRI of €1.20 as of Mar. 2026. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on Shake Shack and its competitors. According to the industry distribution chart, Shake Shack ranks #999999 out of 245 companies in the Restaurants industry.
Is Shake Shack's EPS without NRI too high?
Shake Shack's current EPS without NRI is €1.20. Based on the distribution chart, Shake Shack ranks #999999 out of 245 companies in the Restaurants industry, which is in the bottom quartile relative to peers. Overall, Shake Shack has a GF Score™ of 69/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shake Shack's EPS without NRI compare to ARCO and BJRI?
According to the Restaurants industry distribution chart, Shake Shack ranks #999999 out of 245 companies for EPS without NRI. This places Shake Shack in the lower half of its industry. The industry median EPS without NRI is 13.00. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EPS without NRI for a Restaurants company?
The median EPS without NRI among Restaurants companies is 13.00, based on 245 companies in the industry. Companies in the top quartile (top 25%) have a EPS without NRI significantly above this median, while those in the bottom quartile fall well below. However, EPS without NRI should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EPS without NRI mean?
A high EPS without NRI can signal that a stock is expensive relative to its fundamentals. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on Shake Shack and its competitors. For the Restaurants industry, the median EPS without NRI is 13.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shake Shack's current EPS without NRI is €1.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shake Shack stock overvalued right now?
Based on GuruFocus' analysis, Shake Shack (STU:9SH) is currently considered Significantly Undervalued. The stock's GF Value™ is €105.83, compared to a current price of €50.08 — trading 52.7% below its estimated fair value. The current EPS without NRI is €1.20. Shake Shack's overall GF Score™ is 69/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EPS without NRI calculated?
EPS without NRI is calculated from a company's financial statements. For Shake Shack (STU:9SH), the current EPS without NRI is €1.20 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Shake Shack (STU:9SH) Overvalued in 2026?
Based on GuruFocus' analysis, Shake Shack stock appears to be undervalued.
The current stock price of €50.08 is trading 52.7% below its estimated GF Value™ of €105.83.
GuruFocus considers Shake Shack to be Significantly Undervalued.
Key valuation signals for STU:9SH:
EPS without NRI: €1.20
GF Value™: €105.83 vs. price of €50.08 (52.7% below fair value)
No single metric tells the full story. See the STU:9SH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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. Geographically, the company generates the majority of its revenue from the United States.
69GF Score
Get the complete analysis for STU:9SH
EPS without NRI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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