Is Amer Sports, Inc. (AS) Halal?

NYSE Consumer Cyclical Finland $18.3B
✗ NOT HALAL
Confidence: 95/100
Amer Sports, Inc. (AS) is Not Halal under AAOIFI Standard 21 due to its classification in the Leisure industry, which is excluded under Shariah screening. Companies operating in prohibited sectors such as conventional banking, insurance, alcohol, tobacco, and gambling are automatically excluded regardless of their financial ratios.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI Excluded — Leisure ✗ NOT HALAL
DJIM Excluded — Leisure ✗ NOT HALAL
MSCI Excluded — Leisure ✗ NOT HALAL
S&P Excluded — Leisure ✗ NOT HALAL
FTSE Excluded — Leisure ✗ NOT HALAL

Financial Highlights

P/E Ratio
41.4
Forward: 21.1
EPS
$0.76
P/B Ratio
3.0
EV/EBITDA
20.0
EV: $18.6B
Revenue
$6.6B
Growth: 28.5%
Beta
2.8
High volatility
Current Ratio
1.5

Profitability

Gross Margin 57.6%
Operating Margin 10.8%
Net Margin 6.5%
Return on Equity (ROE) 8.1%
Return on Assets (ROA) 4.8%

Cash Flow & Balance Sheet

Operating Cash Flow$730M
Free Cash Flow$437M
Total Debt$1.8B
Debt-to-Equity30.1
Current Ratio1.5
Total Assets$10.1B

Price & Trading

Last Close$31.82
50-Day MA$36.45
200-Day MA$36.29
Avg Volume4.6M
Beta2.8
52-Week Range
$20.21
$42.76

About Amer Sports, Inc. (AS)

CEO
Mr. Jie Zheng
Employees
15,400
Sector
Consumer Cyclical
Industry
Leisure
Country
Finland
Exchange
NYSE
Market Cap
$18.3B
Currency
USD

Amer Sports, Inc. designs, manufactures, markets, distributes, and sells sports equipment, apparel, footwear, and accessories in Europe, the Middle East, Africa, the Americas, Mainland China, Hong Kong, Macau, Taiwan, and the Asia Pacific. It operates through three segments: Technical Apparel, Outdoor Performance, and Ball & Racquet Sports. The Technical Apparel segment offers outdoor apparel, footwear, and accessories, which include climbing gear. The Outdoor Performance segment provides hiking and running footwear, functional apparel, skiing and snowboarding gear, and lifestyle footwear products. The Ball & Racquet Sports segment offers sports equipment for tennis, baseball, American football, basketball, golf, and various other professional and recreational sports, as well as functional athletic apparel. This segment provides custom-fitting protective gear and apparel for baseball, softball, football, and lacrosse. The company sells its products under the Arc'teryx, PeakPerformance, Salomon, Atomic, Armada, Wilson, Louisville Slugger, DeMarini, EvoShield, and Atec brands. It distributes its products through retail stores, general sporting goods retailers, specialty stores, independently operated partner stores, and distributors, as well as retailer-owned and third-party e-commerce websites. The company was formerly known as Amer Sports Management Holding (Cayman) Limited and changed its name to Amer Sports, Inc. in August 2023. Amer Sports, Inc. was founded in 1950 and is based in Helsinki, Finland.

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Frequently Asked Questions

Is Amer Sports, Inc. (AS) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Amer Sports, Inc. is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is Amer Sports, Inc.'s debt ratio?

Amer Sports, Inc.'s debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.

What are Amer Sports, Inc.'s key financial metrics?

Amer Sports, Inc. has a market capitalization of $18.3B, trailing P/E ratio of 41.4, and revenue of $6.6B. The company maintains a gross margin of 57.6% and a net margin of 6.5%. Return on equity stands at 8.1%.

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.