Is BIO-RAD LABORATORIES, INC. (BIO) Halal?

NYSE Healthcare United States $7.2B
✓ HALAL
Confidence: 95/100
BIO-RAD LABORATORIES, INC. (BIO) is Halal under all 5 major Shariah screening standards. With a debt ratio of just 19.0% against the AAOIFI threshold of 30%, BIO-RAD LABORATORIES, INC. comfortably passes the key financial ratio tests. The company operates in the Healthcare sector (Medical Devices), 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 19.0%
/ 30%
21.2%
/ 30%
6.3%
/ 30%
3.7%
/ 5%
✓ HALAL
DJIM 19.0%
/ 33%
21.2%
/ 33%
6.3%
/ 33%
3.7%
/ 5%
✓ HALAL
MSCI 13.1%
/ 33%
14.6%
/ 33%
4.4%
/ 33%
3.7%
/ 5%
✓ HALAL
S&P 19.0%
/ 33%
21.2%
/ 33%
6.3%
/ 33%
3.7%
/ 5%
✓ HALAL
FTSE 13.1%
/ 33%
14.6%
/ 33%
4.4%
/ 50%
3.7%
/ 5%
✓ HALAL

Financial Highlights

P/E Ratio
9.5
Forward: 23.4
EPS
$27.84
P/B Ratio
1.0
EV/EBITDA
16.2
EV: $7.0B
Revenue
$2.6B
Growth: 3.9%
Beta
1.2
High volatility
Current Ratio
5.6

Profitability

Gross Margin 52.0%
Operating Margin 8.9%
Net Margin 29.4%
Return on Equity (ROE) 10.8%
Return on Assets (ROA) 1.7%

Cash Flow & Balance Sheet

Operating Cash Flow$532M
Free Cash Flow$375M
Total Debt$1.4B
Debt-to-Equity18.6
Current Ratio5.6
Total Assets$10.6B

Price & Trading

Last Close$276.53
50-Day MA$282.70
200-Day MA$287.34
Avg Volume263K
Beta1.2
52-Week Range
$211.43
$343.12

About BIO-RAD LABORATORIES, INC. (BIO)

CEO
Mr. Norman D. Schwartz
Employees
7,450
Sector
Healthcare
Industry
Medical Devices
Country
United States
Exchange
NYSE
Market Cap
$7.2B
Currency
USD

Bio-Rad Laboratories, Inc. develops, manufactures, and distributes life science research and clinical diagnostic products in the United States, Europe, Asia, Canada, Latin America, and internationally. It operates through two segments, Life Science and Clinical Diagnostics. The Life Science segment develops, manufactures, and markets instruments, systems, reagents, and consumables to separate, purify, characterize, and quantify biological materials, including cells, proteins, and nucleic acids used in research and biopharmaceutical laboratory environments, as well as for biopharmaceutical manufacturing, quality control process, food safety, and science education applications. This segment serves universities and medical schools, industrial research organizations, government agencies, pharmaceutical manufacturers, biotechnology companies, food producers, and testing laboratories. Its Clinical Diagnostics segment designs, manufactures, markets, and supports diagnostic test systems, informatics systems, test kits, and specialized quality controls for clinical, hospital, diagnostic reference, and transfusion and physician office laboratories, as well as software. The company offers its products through its direct commercial organization, as well as through distributors, agents, brokers, and resellers. Bio-Rad Laboratories, Inc. was founded in 1952 and is headquartered in Hercules, California.

Purification Calculator

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Frequently Asked Questions

Is BIO-RAD LABORATORIES, INC. (BIO) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), BIO-RAD LABORATORIES, 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 BIO-RAD LABORATORIES, INC.'s debt ratio?

BIO-RAD LABORATORIES, INC.'s debt ratio is 19.0% 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 13.1%.

Does BIO-RAD LABORATORIES, INC. require dividend purification?

Yes, BIO-RAD LABORATORIES, INC. has an impermissible income ratio of 3.70%, which means 3.70% 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 BIO-RAD LABORATORIES, INC.'s key financial metrics?

BIO-RAD LABORATORIES, INC. has a market capitalization of $7.2B, trailing P/E ratio of 9.5, and revenue of $2.6B. The company maintains a gross margin of 52.0% and a net margin of 29.4%. Return on equity stands at 10.8%.

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.