Is Everpure, Inc. (PSTG) Halal?

NYSE Technology United States $19.5B
✓ HALAL
Confidence: 83/100
Everpure, Inc. (PSTG) is Halal under 3 of 5 Shariah screening standards, including AAOIFI Standard 21. With a debt ratio of just 1.4% against the AAOIFI threshold of 30%, Everpure, Inc. comfortably passes the key financial ratio tests. The company operates in the Technology sector (Computer Hardware), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from January 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 1.4%
/ 30%
7.6%
/ 30%
3.4%
/ 30%
N/A ✓ HALAL
DJIM 1.4%
/ 33%
7.6%
/ 33%
3.4%
/ 33%
N/A ✓ HALAL
MSCI 7.1%
/ 33%
38.4%
/ 33%
17.2%
/ 33%
N/A ✗ NOT HALAL
S&P 1.4%
/ 33%
7.6%
/ 33%
3.4%
/ 33%
N/A ✓ HALAL
FTSE 7.1%
/ 33%
38.4%
/ 33%
17.2%
/ 50%
N/A ✗ NOT HALAL

Financial Highlights

P/E Ratio
107.2
Forward: 20.8
EPS
$0.55
P/B Ratio
13.5
EV/EBITDA
69.2
EV: $18.2B
Beta
1.3
High volatility
Current Ratio
1.6

Profitability

Gross Margin 70.4%
Operating Margin 8.2%
Net Margin 5.1%
Return on Equity (ROE) 13.7%
Return on Assets (ROA) 1.7%

Cash Flow & Balance Sheet

Operating Cash Flow$754M
Free Cash Flow$527M
Total Debt$281M
Debt-to-Equity15.2
Current Ratio1.6
Total Assets$4.0B

Price & Trading

Last Close$62.04
50-Day MA$67.77
200-Day MA$71.60
Avg Volume3.6M
Beta1.3
52-Week Range
$34.51
$100.59

About Everpure, Inc. (PSTG)

CEO
Mr. Charles H. Giancarlo
Employees
6,400
Sector
Technology
Industry
Computer Hardware
Country
United States
Exchange
NYSE
Market Cap
$19.5B
Currency
USD

Everpure, Inc. provides data storage and management technologies, products, and services in the United States and internationally. Its Purity software is shared across its products and provides enterprise-class data services, such as always-on data reduction, data protection, and encryption, as well as storage protocols, such as block, file, and object. The company also provides FlashArray, including FlashArray//ST, FlashArray//X, FlashArray//C, FlashArray//XL, FlashArray//E, and FlashArray File Services, addressing databases, applications, virtual machines, and other traditional workloads; and FlashBlade integrated hardware systems comprising FlashBlade//S, FlashBlade//E, and FlashBlade//EXA for managing and processing unstructured data workloads of various types from real-time log analytics and commercial high-performance computing (HPC) to data protection and recovery. In addition, it offers cloud storage solutions, such as Portworx by Everpure, a cloud-native Kubernetes data management solution; and Evergreen/One; and Evergreen/Flex. Further, the company provides Everpure Fusion, a Software-as-a-Service (SaaS) management plane, which enables storage administrators to unify storage arrays and optimize storage pools; Evergreen Architecture comprising Pure1, an AI-driven cloud-based management platform, as well as Evergreen//One and Evergreen//Flex data storage solutions; and Everpure Cloud, a virtual block storage array, that provides customers the flexibility to operate a hybrid cloud model with seamless data mobility across on-premises and public cloud environments. It sells its products and subscription services through a direct sales force and channel partners. Everpure, Inc. has a strategic alliance with Odine Solutions Teknoloji Ticaret ve Sanayi A.S. The company was formerly known as Pure Storage, Inc. and changed its name to Everpure, Inc. in February 2026. Everpure, Inc. was incorporated in 2009 and is headquartered in Santa Clara, California.

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Frequently Asked Questions

Is Everpure, Inc. (PSTG) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Everpure, Inc. 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 Everpure, Inc.'s debt ratio?

Everpure, Inc.'s debt ratio is 1.4% 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 7.1%.

What are Everpure, Inc.'s key financial metrics?

Everpure, Inc. has a market capitalization of $19.5B, trailing P/E ratio of 107.2. The company maintains a gross margin of 70.4% and a net margin of 5.1%. Return on equity stands at 13.7%.

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.