Is ASGN Inc (ASGN) Halal?

NYSE Technology United States $1.6B
✗ NOT HALAL
Confidence: 90/100
ASGN Inc (ASGN) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 63.9% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. ASGN Inc operates in the Technology sector.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 63.9%
/ 30%
8.8%
/ 30%
36.8%
/ 30%
0.0%
/ 5%
✗ NOT HALAL
DJIM 63.9%
/ 33%
8.8%
/ 33%
36.8%
/ 33%
0.0%
/ 5%
✗ NOT HALAL
MSCI 31.8%
/ 33%
4.4%
/ 33%
18.3%
/ 33%
0.0%
/ 5%
✓ HALAL
S&P 63.9%
/ 33%
8.8%
/ 33%
36.8%
/ 33%
0.0%
/ 5%
✗ NOT HALAL
FTSE 31.8%
/ 33%
4.4%
/ 33%
18.3%
/ 50%
0.0%
/ 5%
✓ HALAL

Financial Highlights

P/E Ratio
14.4
Forward: 6.5
EPS
$2.60
P/B Ratio
0.9
EV/EBITDA
7.2
EV: $2.6B
Revenue
$4.0B
Growth: -0.5%
Beta
0.9
Average volatility
Current Ratio
2.2

Profitability

Gross Margin 28.9%
Operating Margin 6.8%
Net Margin 2.9%
Return on Equity (ROE) 6.3%
Return on Assets (ROA) 4.6%

Cash Flow & Balance Sheet

Operating Cash Flow$328M
Free Cash Flow$288M
Total Debt$1.2B
Debt-to-Equity68.8
Current Ratio2.2
Total Assets$3.7B

Price & Trading

Last Close$39.90
50-Day MA$44.00
200-Day MA$47.58
Avg Volume761K
Beta0.9
52-Week Range
$34.59
$64.29

About ASGN Inc (ASGN)

CEO
Mr. Theodore S. Hanson CPA
Employees
2,800
Sector
Technology
Industry
Information Technology Services
Country
United States
Exchange
NYSE
Market Cap
$1.6B
Currency
USD

ASGN Incorporated provides information technology solutions for commercial and government sectors in the United States, Canada, and Europe. It operates through two segments: Commercial and Federal Government. The Commercial Segment provides consulting, creative digital marketing, and permanent placement services primarily to Fortune 1000 and mid-market companies across harmonized solutions areas, such as cloud and infrastructure, data and AI, software development and engineering, customer experience, cybersecurity, and enterprise platforms, as well as key industries consists financial services, consumer and industrial, technology, media and telecom, healthcare, and business and government services. The Federal Government Segment provides advanced IT solutions in data and AI, cybersecurity, and enterprise platforms to defense and intelligence, national security, federal civilian, and other clients in the public and private sectors. It provides its products under the Apex Systems, Creative Circle, CyberCoders, ECS, GlideFast, and TopBloc brand names. The company was formerly known as On Assignment, Inc. and changed its name to ASGN Incorporated in April 2018. The company was founded in 1985 and is headquartered in Glen Allen, Virginia.

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Frequently Asked Questions

Is ASGN Inc (ASGN) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), ASGN 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 ASGN Inc's debt ratio?

ASGN Inc's debt ratio is 63.9% 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 31.8%.

What are ASGN Inc's key financial metrics?

ASGN Inc has a market capitalization of $1.6B, trailing P/E ratio of 14.4, and revenue of $4.0B. The company maintains a gross margin of 28.9% and a net margin of 2.9%. Return on equity stands at 6.3%.

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.