Is National Vision Holdings, Inc. (EYE) Halal?

NASDAQ Consumer Cyclical United States $2.0B
✗ NOT HALAL
Confidence: 90/100
National Vision Holdings, Inc. (EYE) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 36.9% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. National Vision Holdings, Inc. operates in the Consumer Cyclical sector.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 36.9%
/ 30%
3.3%
/ 30%
2.3%
/ 30%
2.14%
/ 5%
✗ NOT HALAL
DJIM 36.9%
/ 33%
3.3%
/ 33%
2.3%
/ 33%
2.14%
/ 5%
✗ NOT HALAL
MSCI 40.6%
/ 33%
3.7%
/ 33%
2.5%
/ 33%
2.14%
/ 5%
✗ NOT HALAL
S&P 36.9%
/ 33%
3.3%
/ 33%
2.3%
/ 33%
2.14%
/ 5%
✗ NOT HALAL
FTSE 40.6%
/ 33%
3.7%
/ 33%
2.5%
/ 50%
2.14%
/ 5%
✗ NOT HALAL

Financial Highlights

P/E Ratio
67.9
Forward: 20.1
EPS
$0.37
P/B Ratio
2.3
EV/EBITDA
16.8
EV: $2.7B
Revenue
$2.0B
Growth: 15.1%
Beta
1.4
High volatility
Current Ratio
0.5

Profitability

Gross Margin 58.8%
Operating Margin 1.8%
Net Margin 1.5%
Return on Equity (ROE) 3.5%
Return on Assets (ROA) 2.1%

Cash Flow & Balance Sheet

Operating Cash Flow$146M
Free Cash Flow$73M
Total Debt$695M
Debt-to-Equity79.9
Current Ratio0.5
Total Assets$2.0B

Price & Trading

Last Close$27.43
50-Day MA$27.28
200-Day MA$25.97
Avg Volume1.2M
Beta1.4
52-Week Range
$10.45
$30.02

About National Vision Holdings, Inc. (EYE)

CEO
Mr. Alexander N. Wilkes
Employees
13,138
Sector
Consumer Cyclical
Industry
Specialty Retail
Country
United States
Exchange
NASDAQ
Market Cap
$2.0B
Currency
USD

National Vision Holdings, Inc., through its subsidiaries, operates as an optical retailer in the United States. The company offers eyeglasses and contact lenses, and optical accessory products; and provides eye exams through its America's Best, Eyeglass World, Vista Optical, Fred Meyer, Vista Optical military, and DiscountContacts.com. It also offers health maintenance organization and optometric services. In addition, the company sells prescription and non-prescription eyewear, contact lenses and related accessories to retail customers. The company serves a diverse customer base, including price-driven consumers, style leaders, wellness shoppers with vision benefits, managed care customers, outside prescription customers, and progressive lens wearers. The company was formerly known as National Vision, Inc. and changed its name to National Vision Holdings, Inc. in March 2014. The company was founded in 1990 and is headquartered in Duluth, Georgia.

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Frequently Asked Questions

Is National Vision Holdings, Inc. (EYE) halal to invest in?

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

National Vision Holdings, Inc.'s debt ratio is 36.9% 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 40.6%.

What are National Vision Holdings, Inc.'s key financial metrics?

National Vision Holdings, Inc. has a market capitalization of $2.0B, trailing P/E ratio of 67.9, and revenue of $2.0B. The company maintains a gross margin of 58.8% and a net margin of 1.5%. Return on equity stands at 3.5%.

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.