Shake Shack (STU:9SH) Total Operating Expense: €542 Mil (TTM As of Mar. 2026)

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STU:9SH Shake Shack Inc STU:9SH
69 GF Score
Price €50.08
GF Value €105.83
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Shake Shack Total Operating Expense?

Shake Shack STU:9SH +1.73% 69 Total Operating Expense is €542 Mil as of Mar. 2026. GuruFocus rates STU:9SH with a GF Score™ of 69/100 and a GF Value™ of €105.83 (Significantly Undervalued). The stock has 2 warning signs investors should review.

Shake Shack's Total Operating Expense for the three months ended in Mar. 2026 was €146 Mil. Shake Shack's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was €542 Mil.

Shake Shack Total Operating Expense Related Terms

Shake Shack Total Operating Expense Historical Data

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The historical data trend for Shake Shack's Total Operating Expense 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.

Shake Shack Total Operating Expense Chart

Shake Shack Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 272.09 369.07 412.72 499.43 514.23

Shake Shack Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Operating Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 129.57 124.48 129.70 141.98 146.09
STU:9SH
69GF Score
Shake Shack Inc STU:9SH
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Shake Shack Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense 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 €542 Mil.

* 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.

What does a Total Operating Expense of €542 Mil mean?
Shake Shack (STU:9SH) has a Total Operating Expense of €542 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Shake Shack and its competitors.
Is Shake Shack's Total Operating Expense too high?
Shake Shack's current Total Operating Expense is €542 Mil. 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 Total Operating Expense compare to ARCO and BJRI?
Shake Shack's Total Operating Expense of €542 Mil can be compared against companies in the Restaurants industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Operating Expense for a Restaurants company?
A good Total Operating Expense depends on the Restaurants industry context. However, Total Operating Expense 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 Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on Shake Shack and its competitors. Shake Shack's current Total Operating Expense is €542 Mil. 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 Total Operating Expense is €542 Mil. 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 Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Shake Shack (STU:9SH), the current Total Operating Expense is €542 Mil 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:

  • Total Operating Expense: €542 Mil
  • GF Value™: €105.83 vs. price of €50.08 (52.7% below fair value)
  • GF Score™: 69/100 with 2 warning signs

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 Business Description

Other Exchanges SHAK:USASHAK:Mexico0L5R:UK
Address 225 Varick Street, Suite 301, New York, NY, USA, 10014
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

Total Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€50.08
Price
€105.83
GF Value