Is FOX FACTORY HOLDING CORP (FOXF) Halal?

NASDAQ Consumer Cyclical United States $707M
✗ NOT HALAL
Confidence: 90/100
FOX FACTORY HOLDING CORP (FOXF) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 105.9% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. FOX FACTORY HOLDING CORP 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 105.9%
/ 30%
10.5%
/ 30%
24.3%
/ 30%
0.12%
/ 5%
✗ NOT HALAL
DJIM 105.9%
/ 33%
10.5%
/ 33%
24.3%
/ 33%
0.12%
/ 5%
✗ NOT HALAL
MSCI 32.3%
/ 33%
3.2%
/ 33%
7.4%
/ 33%
0.12%
/ 5%
✓ HALAL
S&P 105.9%
/ 33%
10.5%
/ 33%
24.3%
/ 33%
0.12%
/ 5%
✗ NOT HALAL
FTSE 32.3%
/ 33%
3.2%
/ 33%
7.4%
/ 50%
0.12%
/ 5%
✓ HALAL

Financial Highlights

EPS
$-13.03
P/B Ratio
1.1
EV/EBITDA
9.2
EV: $1.4B
Revenue
$1.5B
Growth: 2.3%
Beta
1.5
High volatility
Current Ratio
2.9

Profitability

Gross Margin 30.2%
Operating Margin 4.5%
Net Margin -37.1%
Return on Equity (ROE) -58.2%
Return on Assets (ROA) 2.0%

Cash Flow & Balance Sheet

Operating Cash Flow$61M
Free Cash Flow$27M
Total Debt$690M
Debt-to-Equity116.5
Current Ratio2.9
Total Assets$1.7B

Price & Trading

Last Close$18.21
50-Day MA$18.10
200-Day MA$22.13
Avg Volume671K
Beta1.5
52-Week Range
$13.08
$31.18

About FOX FACTORY HOLDING CORP (FOXF)

CEO
Mr. Michael C. Dennison
Employees
3,700
Sector
Consumer Cyclical
Industry
Auto Parts
Country
United States
Exchange
NASDAQ
Market Cap
$707M
Currency
USD

Fox Factory Holding Corp. designs, engineers, manufactures, and markets performance-defining products and systems in North America, Europe, Asia, and internationally. It operates through Powered Vehicles Group (PVG), Aftermarket Applications Group (AAG), and Specialty Sports Group (SSG) segments. The company offers powered vehicle products for off-road vehicles and trucks, side-by-sides, on-road vehicles with and without off-road capabilities, all-terrain vehicles, snowmobiles, specialty vehicles and applications, and motorcycles; aftermarket truck suspension components, including two-inch bolt-on shocks and position sensitive internal bypass shocks; and suspension systems, as well as motorcycle shocks, forks, cushioning, and hydraulic components. It also provides lift kits and components with shock products; aftermarket accessory packages for trucks; suspension tuning services; wheels, off-road tires, and accessories; superchargers, interior accessories, tires, lighting, and body enhancements; and mid-end and high-end front fork and rear suspension products. In addition, the company offers mountain and gravel bike wheels; cranks, chainrings, pedals, bars, stems, and seat posts; and baseball and softball products comprising metal and wood bats, apparel and accessories, batting and fielding gloves, and bags and protective equipment. Further, it provides aftermarket applications products; upfitting products; and mountain bikes, e-bikes, and gravel bikes. The company sells its products to OEMs through dealers, distributors, and direct-to-consumer channels under the FOX, Marzocchi, Race Face, Easton Cycling, Marucci, BDS Suspension, Zone Offroad, JKS Manufacturing, RT Pro UTV, 4x4 Posi-Lok, Ridetech, Fox Factory Vehicles, Black Widow, Rocky Ridge, Outside Van, Custom Wheel House, Method Race Wheels, Badlander, Black Ops, Harley-Davidson, and Shelby American brands. Fox Factory Holding Corp. was incorporated in 2007 and is based in Duluth, Georgia.

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Frequently Asked Questions

Is FOX FACTORY HOLDING CORP (FOXF) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), FOX FACTORY HOLDING CORP 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 FOX FACTORY HOLDING CORP's debt ratio?

FOX FACTORY HOLDING CORP's debt ratio is 105.9% 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 32.3%.

What are FOX FACTORY HOLDING CORP's key financial metrics?

FOX FACTORY HOLDING CORP has a market capitalization of $707M, and revenue of $1.5B. The company maintains a gross margin of 30.2% and a net margin of -37.1%. Return on equity stands at -58.2%.

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.