Is FLOTEK INDUSTRIES INC/CN/ (FTK) Halal?

NYSE Energy United States $630M
✓ HALAL
Confidence: 95/100
FLOTEK INDUSTRIES INC/CN/ (FTK) is Halal under 4 of 5 Shariah screening standards, including AAOIFI Standard 21. With a debt ratio of just 2.5% against the AAOIFI threshold of 30%, FLOTEK INDUSTRIES INC/CN/ comfortably passes the key financial ratio tests. The company operates in the Energy sector (Oil & Gas Equipment & Services), 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 2.5%
/ 30%
0.9%
/ 30%
14.8%
/ 30%
0.09%
/ 5%
✓ HALAL
DJIM 2.5%
/ 33%
0.9%
/ 33%
14.8%
/ 33%
0.09%
/ 5%
✓ HALAL
MSCI 7.5%
/ 33%
2.6%
/ 33%
44.3%
/ 33%
0.09%
/ 5%
✗ NOT HALAL
S&P 2.5%
/ 33%
0.9%
/ 33%
14.8%
/ 33%
0.09%
/ 5%
✓ HALAL
FTSE 7.5%
/ 33%
2.6%
/ 33%
44.3%
/ 50%
0.09%
/ 5%
✓ HALAL

Financial Highlights

P/E Ratio
20.7
Forward: 18.7
EPS
$0.84
P/B Ratio
4.6
EV/EBITDA
22.5
EV: $675M
Revenue
$237M
Growth: 33.0%
Beta
1.5
High volatility
Current Ratio
1.8

Profitability

Gross Margin 25.2%
Operating Margin 9.7%
Net Margin 12.9%
Return on Equity (ROE) 26.9%
Return on Assets (ROA) 9.0%

Cash Flow & Balance Sheet

Operating Cash Flow$7M
Free Cash Flow$5M
Total Debt$50M
Debt-to-Equity45.6
Current Ratio1.8
Total Assets$220M

Price & Trading

Last Close$17.45
50-Day MA$17.03
200-Day MA$15.17
Avg Volume319K
Beta1.5
52-Week Range
$6.05
$20.41

About FLOTEK INDUSTRIES INC/CN/ (FTK)

CEO
Dr. Ryan Gillis Ezell Ph.D.
Employees
158
Sector
Energy
Industry
Oil & Gas Equipment & Services
Country
United States
Exchange
NYSE
Market Cap
$630M
Currency
USD

Flotek Industries, Inc. operates as a chemical and data analytics company in the United States, the United Arab Emirates, and internationally. It operates in two segments, Chemistry Technologies (CT) and Data Analytics (DA). The CT segment offers chemistry solutions, such as proprietary chemistries, specialty chemistries, logistics, and technology services for desired chemical applications program to integrated oil and gas companies, oilfield services companies, independent oil and gas companies, national and state-owned oil companies, geothermal energy companies, solar energy companies, and advanced alternative energy companies. This segment also designs, develops, manufactures, packages, distributes, and markets chemistry solutions designed for existing sustainability practices to reduce the environmental impact of energy on the air, water, land, and people. The DA segment is also involved in the provision of analytical measurement and digital solutions, including measure-and-control services for near real-time insights for process control in the oil and gas value chain, and emerging applications in power and digital valuation; and solutions to optimize performance, improve decision-making, and reduce emissions and carbon intensity; and short and long-term equipment rental. It sells its products directly through in-house sales professionals and contractual agency agreements. Flotek Industries, Inc. was incorporated in 1985 and is headquartered in Houston, Texas.

Purification Calculator

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Frequently Asked Questions

Is FLOTEK INDUSTRIES INC/CN/ (FTK) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), FLOTEK INDUSTRIES INC/CN/ 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 FLOTEK INDUSTRIES INC/CN/'s debt ratio?

FLOTEK INDUSTRIES INC/CN/'s debt ratio is 2.5% 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 7.5%.

Does FLOTEK INDUSTRIES INC/CN/ require dividend purification?

Yes, FLOTEK INDUSTRIES INC/CN/ has an impermissible income ratio of 0.09%, which means 0.09% 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 FLOTEK INDUSTRIES INC/CN/'s key financial metrics?

FLOTEK INDUSTRIES INC/CN/ has a market capitalization of $630M, trailing P/E ratio of 20.7, and revenue of $237M. The company maintains a gross margin of 25.2% and a net margin of 12.9%. Return on equity stands at 26.9%.

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.