Is Montrose Environmental Group, Inc. (MEG) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 37.0% / 30% | 1.2% / 30% | 22.1% / 30% | 2.19% / 5% | ✗ NOT HALAL |
| DJIM | 37.0% / 33% | 1.2% / 33% | 22.1% / 33% | 2.19% / 5% | ✗ NOT HALAL |
| MSCI | 36.6% / 33% | 1.1% / 33% | 21.8% / 33% | 2.19% / 5% | ✗ NOT HALAL |
| S&P | 37.0% / 33% | 1.2% / 33% | 22.1% / 33% | 2.19% / 5% | ✗ NOT HALAL |
| FTSE | 36.6% / 33% | 1.1% / 33% | 21.8% / 50% | 2.19% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 40.3% | |
| Operating Margin | -1.3% | |
| Net Margin | -0.1% | |
| Return on Equity (ROE) | -0.2% | |
| Return on Assets (ROA) | 0.9% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $107M |
| Free Cash Flow | $90M |
| Total Debt | $359M |
| Debt-to-Equity | 79.7 |
| Current Ratio | 1.4 |
| Total Assets | $981M |
Price & Trading
| Last Close | $22.38 |
| 50-Day MA | $23.86 |
| 200-Day MA | $25.37 |
| Avg Volume | 369K |
| Beta | 1.9 |
|
52-Week Range
$10.51
| |
About Montrose Environmental Group, Inc. (MEG)
Montrose Environmental Group, Inc. operates as an environmental services company in the United States, Australia, Canada, and internationally. It operates in three segments: Assessment, Permitting and Response; Measurement and Analysis; and Remediation and Reuse. The company offers scientific advisory and consulting services to support environmental assessments, environmental emergency response and recovery, toxicology consulting and environmental audits and permits for current operations, facility upgrades, new projects, decommissioning projects and development projects. It also provides environmental testing and laboratory services, including source and ambient air testing and monitoring, leak detection, and advanced multi-media laboratory services, including air, soil, stormwater, wastewater and drinking water analysis; and engineering, design, and implementation services comprising treatment technologies which treat contaminated water or soil remediation. The company serves oil and gas, utilities, local, state, provincial and federal government entities, technical services, industrial manufacturing, transportation, chemicals, renewable energy generation, telecommunications, and engineering industries. Montrose Environmental Group, Inc. was founded in 2012 and is headquartered in North Little Rock, Arkansas.
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Frequently Asked Questions
Is Montrose Environmental Group, Inc. (MEG) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Montrose Environmental Group, 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 Montrose Environmental Group, Inc.'s debt ratio?
Montrose Environmental Group, Inc.'s debt ratio is 37.0% 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 36.6%.
What are Montrose Environmental Group, Inc.'s key financial metrics?
Montrose Environmental Group, Inc. has a market capitalization of $764M, and revenue of $831M. The company maintains a gross margin of 40.3% and a net margin of -0.1%. Return on equity stands at -0.2%.
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.