The aim of this study was to evaluate shear wave elastography (SWE) for pre-operative evaluation of axillary lymph node (LN) status in patients with suspected breast cancer. A total of 130 axillary LNs in 130 patients who underwent SWE before fine-needle aspiration, core biopsy or surgery were analyzed. On gray-scale images, long and short axes, shape (elliptical or round), border (sharp or unsharp) and cortical thickening (concentric, eccentric or no fatty hilum) of LNs were assessed. On SWE, mean, maximum, minimum, standard deviation and the lesion-to-fat ratio (E-ratio) values of elasticity were collected. Gray-scale and SWE features were compared statistically between metastatic and benign LNs using the x(2)-test and independent t-test. Diagnostic performance of each feature was evaluated using the area under the receiver operating characteristic curve (AUC). Logistic regression analysis was used to determine gray-scale or SWE features independently associated with metastatic LNs. Of the 130 LNs, 65 (50%) were metastatic and 65 (50%) were benign after surgery. Metastatic LNs were significantly larger (p - 0.018); had higher elasticity indexes at SWE (p < 0.0001); and had higher proportions of round shape (p = 0.033), unsharp border (p = 0.048) and eccentric cortical thickening or no fatty hilum (p = 0.005) compared with benign LNs. On multivariate analysis, E-ratio was independently associated with metastatic LNs (odds ratio = 3.312, p = 0.008). E-ratio had the highest AUC among gray-scale (0.582-0.719) and SWE (0.900-0.950) variables. SWE had good diagnostic performance in metastatic axillary LNs, and E-ratio was independently associated with metastatic LNs. (E-mail: jhyouk@yuhs.ac) (C) 2017 World Federation for Ultrasound in Medicine & Biology.