Is NEOGEN CORP (NEOG) Halal?
Shariah Screening — 5 Standards
Based on financial data from May 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 42.4% / 30% | 6.1% / 30% | 7.3% / 30% | 0.35% / 5% | ✗ NOT HALAL |
| DJIM | 42.4% / 33% | 6.1% / 33% | 7.3% / 33% | 0.35% / 5% | ✗ NOT HALAL |
| MSCI | 26.0% / 33% | 3.7% / 33% | 4.5% / 33% | 0.35% / 5% | ✓ HALAL |
| S&P | 42.4% / 33% | 6.1% / 33% | 7.3% / 33% | 0.35% / 5% | ✗ NOT HALAL |
| FTSE | 26.0% / 33% | 3.7% / 33% | 4.5% / 50% | 0.35% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 46.0% | |
| Operating Margin | -2.4% | |
| Net Margin | -68.5% | |
| Return on Equity (ROE) | -25.3% | |
| Return on Assets (ROA) | -0.5% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $58M |
| Free Cash Flow | -$46M |
| Total Debt | $894M |
| Debt-to-Equity | 37.8 |
| Current Ratio | 3.9 |
| Total Assets | $3.4B |
Price & Trading
| Last Close | $9.15 |
| 50-Day MA | $10.11 |
| 200-Day MA | $6.96 |
| Avg Volume | 3.4M |
| Beta | 1.9 |
|
52-Week Range
$3.87
| |
About NEOGEN CORP (NEOG)
Neogen Corporation develops, manufactures, and markets various products and services for food and animal safety in the United States and internationally. It operates through two segments, Food Safety and Animal Safety. The Food Safety segment offers diagnostic test kits and complementary products to detect dangerous and unintended substances in human food and animal feed, including foodborne pathogens, spoilage organisms, natural toxins, food allergens, ruminant by-products, meat speciation, drug residues, pesticide residues, and general sanitation concerns, as well as food quality and nutritional components. It also provides software systems that help testers analyze and store results; natural toxin tests; rapid sanitation tests; culture and prepared media products; filter tests for microbial analysis of water; sample collection products; and food safety analysis laboratory services. This segment sells its products to the milling and grain, meat and poultry, ready-to-eat, fruits and vegetables, seafood, dairy, beverage, water, healthcare, traditional culture media markets, food service, and dietary supplements markets. Its Animal Safety segment provides reagents and test kits for use in immunoassay production, forensic and animal toxicology, and life science research, as well as colorimetric and chemiluminescent substrates; veterinary instruments and disposables; animal care and other products, including digestive aids and nutritional supplements; rodent and insect control products, and disinfectants; and genomics services, such as DNA genotyping, sequencing, and trait analysis for livestock and companion animals. This segment sells its products to companion animal veterinarians; livestock producers, veterinarians, and breed associations; retailers; breeding and genetics companies; diagnostic labs and universities; distributors; and other manufacturers and government agencies. Neogen Corporation was incorporated in 1981 and is headquartered in Lansing, Michigan.
Related Halal Stocks in Healthcare
Frequently Asked Questions
Is NEOGEN CORP (NEOG) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), NEOGEN 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 NEOGEN CORP's debt ratio?
NEOGEN CORP's debt ratio is 42.4% 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 26.0%.
What are NEOGEN CORP's key financial metrics?
NEOGEN CORP has a market capitalization of $1.9B, and revenue of $895M. The company maintains a gross margin of 46.0% and a net margin of -68.5%. Return on equity stands at -25.3%.
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.