Is MYERS INDUSTRIES INC (MYE) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 51.3% / 30% | 4.0% / 30% | 15.1% / 30% | 2.66% / 5% | ✗ NOT HALAL |
| DJIM | 51.3% / 33% | 4.0% / 33% | 15.1% / 33% | 2.66% / 5% | ✗ NOT HALAL |
| MSCI | 48.1% / 33% | 3.7% / 33% | 14.2% / 33% | 2.66% / 5% | ✗ NOT HALAL |
| S&P | 51.3% / 33% | 4.0% / 33% | 15.1% / 33% | 2.66% / 5% | ✗ NOT HALAL |
| FTSE | 48.1% / 33% | 3.7% / 33% | 14.2% / 50% | 2.66% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 33.7% | |
| Operating Margin | 10.4% | |
| Net Margin | 4.2% | |
| Return on Equity (ROE) | 12.2% | |
| Return on Assets (ROA) | 6.2% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $87M |
| Free Cash Flow | $67M |
| Total Debt | $379M |
| Debt-to-Equity | 130.6 |
| Current Ratio | 1.7 |
| Total Assets | $851M |
Price & Trading
| Last Close | $20.97 |
| 50-Day MA | $21.35 |
| 200-Day MA | $17.92 |
| Avg Volume | 285K |
| Beta | 1.1 |
|
52-Week Range
$9.06
| |
About MYERS INDUSTRIES INC (MYE)
Myers Industries, Inc. engages in distribution of tire service supplies in Ohio. The company operates through two segments, The Material Handling and Distribution. The Material Handling segment designs, manufactures, and markets plastic, metal and rubber products, including plastic reusable containers, pallets, small parts bins, bulk shipping containers, OEM parts, storage and organization, custom plastic products, composite ground protection matting, consumer fuel containers and tanks for water, and fuel and waste handling, as well as offers injection molded, rotationally molded, compression molded or blow molded products. This segment serves industrial manufacturing, food processing, retail/wholesale products distribution, agriculture, automotive, recreational and marine vehicles, healthcare, appliance, bakery, electronics, textiles, construction, infrastructure, consumer markets, and other markets under Akro-Mils, Jamco, Buckhorn, Ameri-Kart, Scepter, Elkhart Plastics, Trilogy Plastics, and Signature Systems brands directly to end-users, as well as through distributors. The Distribution segment engages in the distribution of tools, equipment, and supplies for tire, wheel, and under-vehicle service on passenger, heavy truck, and off-road vehicles; and manufacture and sale of tire repair materials and custom rubber products, as well as reflective highway marking tapes under the Myers Tire Supply, Myers Tire Supply International, Tuffy, Mohawk Rubber Sales, Patch Rubber Company, Elrick, Fleetline, MTS, MTS Xpress, Seymoure, Advance Traffic Markings, and MXP brands. This segment serves retail and truck tire dealers, commercial auto and truck fleets, auto dealers, general service and repair centers, tire re-treaders, truck stop operations, and government agencies. Myers Industries, Inc. was founded in 1933 and is headquartered in Akron, Ohio.
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Frequently Asked Questions
Is MYERS INDUSTRIES INC (MYE) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), MYERS INDUSTRIES 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 MYERS INDUSTRIES INC's debt ratio?
MYERS INDUSTRIES INC's debt ratio is 51.3% 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 48.1%.
What are MYERS INDUSTRIES INC's key financial metrics?
MYERS INDUSTRIES INC has a market capitalization of $775M, trailing P/E ratio of 22.3, and revenue of $826M. The company maintains a gross margin of 33.7% and a net margin of 4.2%. Return on equity stands at 12.2%.
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.