Shake Shack Gross Margin 2013-2024 | SHAK
- Shake Shack average gross margin for 2023 was 22.08%, a 10.57% increase from 2022.
- Shake Shack average gross margin for 2022 was 19.97%, a 8.47% increase from 2021.
- Shake Shack average gross margin for 2021 was 18.41%, a 8.27% increase from 2020.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.