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Side-by-side financial comparison of Shake Shack Inc. (SHAK) and STERLING INFRASTRUCTURE, INC. (STRL). Click either name above to swap in a different company.

STERLING INFRASTRUCTURE, INC. is the larger business by last-quarter revenue ($825.7M vs $366.7M, roughly 2.3× Shake Shack Inc.). STERLING INFRASTRUCTURE, INC. runs the higher net margin — 11.6% vs -0.1%, a 11.7% gap on every dollar of revenue. On growth, STERLING INFRASTRUCTURE, INC. posted the faster year-over-year revenue change (91.6% vs 14.3%). Over the past eight quarters, STERLING INFRASTRUCTURE, INC.'s revenue compounded faster (19.0% CAGR vs 7.6%).

Shake Shack is an American multinational fast casual restaurant chain based in New York City. It started out as a hot dog cart inside Madison Square Park in 2001, and its popularity steadily grew. In 2004, it received a permit to open a permanent kiosk within the park, expanding its menu from New York–style hot dogs to one with hamburgers, hot dogs, fries and its namesake milkshakes.

Sterling & Wilson is an Indian multinational engineering, procurement, and construction (EPC) company headquartered in Mumbai, Maharashtra. It operates across multiple sectors including renewable energy, data centers, diesel power generation, and mechanical, electrical, and plumbing (MEP) services. The company has delivered projects in over 30 countries, with execution teams located across Asia, the Middle East, Africa, Europe, and Australia.

SHAK vs STRL — Head-to-Head

Bigger by revenue
STRL
STRL
2.3× larger
STRL
$825.7M
$366.7M
SHAK
Growing faster (revenue YoY)
STRL
STRL
+77.3% gap
STRL
91.6%
14.3%
SHAK
Higher net margin
STRL
STRL
11.7% more per $
STRL
11.6%
-0.1%
SHAK
Faster 2-yr revenue CAGR
STRL
STRL
Annualised
STRL
19.0%
7.6%
SHAK

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
SHAK
SHAK
STRL
STRL
Revenue
$366.7M
$825.7M
Net Profit
$-294.0K
$96.0M
Gross Margin
23.5%
Operating Margin
16.7%
Net Margin
-0.1%
11.6%
Revenue YoY
14.3%
91.6%
Net Profit YoY
143.1%
EPS (diluted)
$-0.01
$3.09

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
SHAK
SHAK
STRL
STRL
Q1 26
$366.7M
$825.7M
Q4 25
$400.5M
$755.6M
Q3 25
$367.4M
$689.0M
Q2 25
$356.5M
$614.5M
Q1 25
$320.9M
$430.9M
Q4 24
$328.7M
$498.8M
Q3 24
$316.9M
$593.7M
Q2 24
$316.5M
$582.8M
Net Profit
SHAK
SHAK
STRL
STRL
Q1 26
$-294.0K
$96.0M
Q4 25
$11.8M
$87.6M
Q3 25
$12.5M
$92.1M
Q2 25
$17.1M
$71.0M
Q1 25
$4.2M
$39.5M
Q4 24
$8.7M
$113.2M
Q3 24
$-10.2M
$61.3M
Q2 24
$9.7M
$51.9M
Gross Margin
SHAK
SHAK
STRL
STRL
Q1 26
23.5%
Q4 25
21.7%
Q3 25
24.7%
Q2 25
23.3%
Q1 25
22.0%
Q4 24
21.4%
Q3 24
21.9%
Q2 24
19.3%
Operating Margin
SHAK
SHAK
STRL
STRL
Q1 26
16.7%
Q4 25
4.7%
15.9%
Q3 25
5.0%
18.2%
Q2 25
6.3%
17.0%
Q1 25
0.9%
13.0%
Q4 24
3.1%
12.5%
Q3 24
-5.7%
14.7%
Q2 24
3.4%
12.5%
Net Margin
SHAK
SHAK
STRL
STRL
Q1 26
-0.1%
11.6%
Q4 25
3.0%
11.6%
Q3 25
3.4%
13.4%
Q2 25
4.8%
11.6%
Q1 25
1.3%
9.2%
Q4 24
2.6%
22.7%
Q3 24
-3.2%
10.3%
Q2 24
3.1%
8.9%
EPS (diluted)
SHAK
SHAK
STRL
STRL
Q1 26
$-0.01
$3.09
Q4 25
$0.28
$2.82
Q3 25
$0.30
$2.97
Q2 25
$0.41
$2.31
Q1 25
$0.10
$1.28
Q4 24
$0.22
$3.63
Q3 24
$-0.26
$1.97
Q2 24
$0.23
$1.67

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
SHAK
SHAK
STRL
STRL
Cash + ST InvestmentsLiquidity on hand
$313.6M
$511.9M
Total DebtLower is stronger
$248.0M
$287.5M
Stockholders' EquityBook value
$554.6M
$1.2B
Total Assets
$1.9B
$2.8B
Debt / EquityLower = less leverage
0.45×
0.24×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SHAK
SHAK
STRL
STRL
Q1 26
$313.6M
$511.9M
Q4 25
$360.1M
$390.7M
Q3 25
$357.8M
$306.4M
Q2 25
$336.8M
$699.4M
Q1 25
$312.9M
$638.6M
Q4 24
$320.7M
$664.2M
Q3 24
$310.9M
$648.1M
Q2 24
$304.4M
$540.0M
Total Debt
SHAK
SHAK
STRL
STRL
Q1 26
$248.0M
$287.5M
Q4 25
$247.7M
Q3 25
$247.5M
Q2 25
$247.2M
Q1 25
$246.9M
Q4 24
$246.7M
Q3 24
$246.4M
Q2 24
$246.2M
Stockholders' Equity
SHAK
SHAK
STRL
STRL
Q1 26
$554.6M
$1.2B
Q4 25
$525.3M
$1.1B
Q3 25
$509.0M
$1.1B
Q2 25
$494.1M
$881.7M
Q1 25
$473.3M
$805.4M
Q4 24
$470.0M
$808.1M
Q3 24
$456.1M
$716.5M
Q2 24
$462.4M
$670.7M
Total Assets
SHAK
SHAK
STRL
STRL
Q1 26
$1.9B
$2.8B
Q4 25
$1.9B
$2.6B
Q3 25
$1.8B
$2.6B
Q2 25
$1.8B
$2.2B
Q1 25
$1.7B
$2.0B
Q4 24
$1.7B
$2.0B
Q3 24
$1.7B
$2.0B
Q2 24
$1.7B
$2.0B
Debt / Equity
SHAK
SHAK
STRL
STRL
Q1 26
0.45×
0.24×
Q4 25
0.47×
Q3 25
0.49×
Q2 25
0.50×
Q1 25
0.52×
Q4 24
0.52×
Q3 24
0.54×
Q2 24
0.53×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
SHAK
SHAK
STRL
STRL
Operating Cash FlowLast quarter
$8.5M
$165.6M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
2.4%
Cash ConversionOCF / Net Profit
1.73×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SHAK
SHAK
STRL
STRL
Q1 26
$8.5M
$165.6M
Q4 25
$63.1M
$186.1M
Q3 25
$63.0M
$83.6M
Q2 25
$65.0M
$85.4M
Q1 25
$31.2M
$84.9M
Q4 24
$45.1M
$174.3M
Q3 24
$41.9M
$152.3M
Q2 24
$53.5M
$121.0M
Free Cash Flow
SHAK
SHAK
STRL
STRL
Q1 26
Q4 25
$4.0M
$159.7M
Q3 25
$23.7M
$64.0M
Q2 25
$26.9M
$72.1M
Q1 25
$1.9M
$67.0M
Q4 24
$10.4M
$158.6M
Q3 24
$7.1M
$138.3M
Q2 24
$20.6M
$92.1M
FCF Margin
SHAK
SHAK
STRL
STRL
Q1 26
Q4 25
1.0%
21.1%
Q3 25
6.5%
9.3%
Q2 25
7.5%
11.7%
Q1 25
0.6%
15.5%
Q4 24
3.2%
31.8%
Q3 24
2.2%
23.3%
Q2 24
6.5%
15.8%
Capex Intensity
SHAK
SHAK
STRL
STRL
Q1 26
2.4%
Q4 25
14.8%
3.5%
Q3 25
10.7%
2.9%
Q2 25
10.7%
2.2%
Q1 25
9.1%
4.2%
Q4 24
10.6%
3.1%
Q3 24
11.0%
2.4%
Q2 24
10.4%
5.0%
Cash Conversion
SHAK
SHAK
STRL
STRL
Q1 26
1.73×
Q4 25
5.34×
2.12×
Q3 25
5.04×
0.91×
Q2 25
3.79×
1.20×
Q1 25
7.36×
2.15×
Q4 24
5.18×
1.54×
Q3 24
2.48×
Q2 24
5.54×
2.33×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

SHAK
SHAK

Segment breakdown not available.

STRL
STRL

E-Infrastructure Solutions$597.7M72%
Transportation Solutions$132.9M16%
Building Solutions$95.1M12%

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