Dutch Bros vs Shake Shack
BROS and SHAK side by side, both in eating and drinking places. Figures are trailing twelve months unless noted, from SEC filings and end-of-day prices.
How BROS and SHAK compare
Dutch Bros is the larger company, worth 2.5 times as much as Shake Shack ($7.5B against $3.0B).
On earnings, Dutch Bros is cheaper: it trades at 59.5× trailing earnings, against 75.0× for Shake Shack.
Dutch Bros grew revenue faster over the last twelve months (29.6% versus 17.3% for Shake Shack).
Dutch Bros keeps more of each dollar of sales as profit, with a net margin of 4.9% compared with 2.6% at Shake Shack.
Key numbers
A dot marks the better figure where higher or lower is clearly better.
| Metric | BROS | SHAK |
|---|---|---|
| Size and price | ||
| Market cap | $7.5B | $3.0B |
| Share price | $42.87 | $70.48 |
| Change, 1 year | −25.9% | −21.5% |
| Change, 5 years | −36.9% | −22.5% |
| Beta (5Y) | 1.94 | 1.53 |
| Employees | 32K | 14K |
| StockData Score | ||
| Total score | 13 | 13 |
| Valuation score | 2 | 2 |
| Growth score | 3 (better) | 2 |
| Performance score | 4 | 4 |
| Health score | 4 | 5 (better) |
| Dividend score | 0 | 0 |
| Valuation | ||
| P/E | 59.5× (better) | 75.0× |
| P/S | 4.0× | 1.9× (better) |
| P/B | 9.4× | 5.5× (better) |
| EV/EBITDA | 24.1× | 16.2× (better) |
| P/FCF | 78.8× | – |
| FCF yield | 1.3% (better) | −0.39% |
| Fair value | $34.18 | $70.25 |
| Margin of safety | −25.4% | −0.33% (better) |
| Growth | ||
| Revenue growth (TTM) | 29.6% (better) | 17.3% |
| Revenue growth, 5Y average | 38.0% (better) | 22.6% |
| Net income growth (TTM) | 61.4% | 99.7% (better) |
| EPS growth (TTM) | 53.2% | 109% (better) |
| Profitability | ||
| Gross margin | 25.1% | – |
| Operating margin | 9.6% (better) | 3.6% |
| Net margin | 4.9% (better) | 2.6% |
| FCF margin | 5.0% (better) | −0.75% |
| Return on equity | 12.9% (better) | 7.7% |
| Return on invested capital | 21.7% (better) | 18.7% |
| Financial health | ||
| Debt / equity | 0.25 (better) | 0.00 |
| Net debt / EBITDA | −0.22 | – |
| Interest coverage | – | 25.8× |
| Current ratio | 1.35 | 1.67 (better) |
| Altman Z-score | 2.70 (better) | 2.36 |
| Piotroski F-score | 5 | 7 (better) |
| Dividends and buybacks | ||
| Shareholder yield | 0.00% | 0.00% |
| Ownership | ||
| Held by institutions | 74.8% | 86.2% |
| Held by insiders | 26.0% | 5.3% |
| Insider net buying, 12 months | −$633M | $3.1M (better) |
| Short interest, % of float | 16.1% | 8.8% |
Go deeper
- BROS stock overview
- BROS income statement
- BROS valuation and score
- SHAK stock overview
- SHAK income statement
- SHAK valuation and score
For information only, not investment advice. Check the source filings before relying on any figure.