Is ALAMO GROUP INC (ALG) Halal?

NYSE Industrials United States $2.0B
✓ HALAL
Confidence: 95/100
ALAMO GROUP INC (ALG) is Halal under all 5 major Shariah screening standards. With a debt ratio of just 11.1% against the AAOIFI threshold of 30%, ALAMO GROUP INC comfortably passes the key financial ratio tests. The company operates in the Industrials sector (Farm & Heavy Construction Machinery), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 11.1%
/ 30%
9.7%
/ 30%
15.0%
/ 30%
0.16%
/ 5%
✓ HALAL
DJIM 11.1%
/ 33%
9.7%
/ 33%
15.0%
/ 33%
0.16%
/ 5%
✓ HALAL
MSCI 15.6%
/ 33%
13.6%
/ 33%
21.1%
/ 33%
0.16%
/ 5%
✓ HALAL
S&P 11.1%
/ 33%
9.7%
/ 33%
15.0%
/ 33%
0.16%
/ 5%
✓ HALAL
FTSE 15.6%
/ 33%
13.6%
/ 33%
21.1%
/ 50%
0.16%
/ 5%
✓ HALAL

Financial Highlights

P/E Ratio
19.5
Forward: 14.0
EPS
$8.58
Dividend Yield
74.0%
Payout: 14.0%
P/B Ratio
1.7
EV/EBITDA
9.3
EV: $1.9B
Revenue
$1.6B
Growth: -3.0%
Beta
1.1
Average volatility
Current Ratio
4.6

Profitability

Gross Margin 24.8%
Operating Margin 6.0%
Net Margin 6.5%
Return on Equity (ROE) 9.6%
Return on Assets (ROA) 6.2%

Cash Flow & Balance Sheet

Operating Cash Flow$178M
Free Cash Flow$145M
Total Debt$212M
Debt-to-Equity19.2
Current Ratio4.6
Total Assets$1.6B

Price & Trading

Last Close$168.59
50-Day MA$190.37
200-Day MA$194.37
Avg Volume130K
Beta1.1
52-Week Range
$156.30
$233.29

About ALAMO GROUP INC (ALG)

CEO
Mr. Robert P. Hureau
Employees
3,800
Sector
Industrials
Industry
Farm & Heavy Construction Machinery
Country
United States
Exchange
NYSE
Market Cap
$2.0B
Currency
USD

Alamo Group Inc. manufactures and sells industrial and vegetation management equipment for governmental, industrial, and agricultural uses worldwide. It operates in two segments, Vegetation Management and Industrial Equipment. The Vegetation Management segment offers tractor powered equipment such as rotary, finishing, flail, and disc mowers; rotary cutters; front end loaders, backhoes, tillers, posthole diggers, scraper blades, cultivators, subsoilers, and other tractor attachments and implements. This segment also provides commercial and residential zero turn mowers; hydraulic and mechanical boom and reach mowers; hedge and hedgerow cutters; industrial grass mowers; seedbed preparation equipment; and forestry and tree care tools, including chippers, stump grinders, mulchers, brush cutters, flails, and debarkers, as well as remote control mowers and related replacement parts. Its Industrial Equipment segment offers hydraulic telescoping booms; catch basin and roadway debris vacuum systems; sewer cleaners; vacuum trucks, combination sewer cleaners, hydro excavators, trenchers, and high pressure cleaning systems; truck mounted snow plows, blowers, dump bodies, spreaders, deicers, brine sprayers, snow throwers, and wing systems; salt spreaders; street sweepers, including mechanical broom and regenerative air models; leaf and debris collection equipment and replacement brooms; solid waste and recycling equipment; municipal tractors and attachments; asphalt patchers; underground construction forms; traffic control and crash attenuator trucks; industrial vacuum excavation units; trailer mounted and custom truck mounted systems; and related accessories and truck up fitting services. The company serves the infrastructure building and maintenance, industrial construction, public works, land maintenance, agriculture, and tree care markets. Alamo Group Inc. was founded in 1955 and is headquartered in Seguin, Texas.

Purification Calculator

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Frequently Asked Questions

Is ALAMO GROUP INC (ALG) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), ALAMO GROUP INC is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is ALAMO GROUP INC's debt ratio?

ALAMO GROUP INC's debt ratio is 11.1% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 15.6%.

Does ALAMO GROUP INC require dividend purification?

Yes, ALAMO GROUP INC has an impermissible income ratio of 0.16%, which means 0.16% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.

What are ALAMO GROUP INC's key financial metrics?

ALAMO GROUP INC has a market capitalization of $2.0B, trailing P/E ratio of 19.5, and revenue of $1.6B. The company maintains a gross margin of 24.8% and a net margin of 6.5%. Return on equity stands at 9.6%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.