Is TEGNA INC (TGNA) Halal?

NYSE Communication Services United States $3.2B
✗ NOT HALAL
Confidence: 90/100
TEGNA INC (TGNA) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 77.4% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. TEGNA INC operates in the Communication Services sector.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 77.4%
/ 30%
8.7%
/ 30%
18.7%
/ 30%
0.94%
/ 5%
✗ NOT HALAL
DJIM 77.4%
/ 33%
8.7%
/ 33%
18.7%
/ 33%
0.94%
/ 5%
✗ NOT HALAL
MSCI 37.7%
/ 33%
4.2%
/ 33%
9.1%
/ 33%
0.94%
/ 5%
✗ NOT HALAL
S&P 77.4%
/ 33%
8.7%
/ 33%
18.7%
/ 33%
0.94%
/ 5%
✗ NOT HALAL
FTSE 37.7%
/ 33%
4.2%
/ 33%
9.1%
/ 50%
0.94%
/ 5%
✗ NOT HALAL

Financial Highlights

P/E Ratio
14.9
Forward: 11.6
EPS
$1.34
Dividend Yield
2.5%
Payout: 37.3%
P/B Ratio
1.0
EV/EBITDA
10.0
EV: $5.6B
Revenue
$2.7B
Growth: -18.9%
Beta
0.1
Low volatility
Current Ratio
2.3

Profitability

Gross Margin 36.2%
Operating Margin 17.9%
Net Margin 8.1%
Return on Equity (ROE) 7.1%
Return on Assets (ROA) 4.0%

Cash Flow & Balance Sheet

Operating Cash Flow$326M
Free Cash Flow$283M
Total Debt$2.6B
Debt-to-Equity82.4
Current Ratio2.3
Total Assets$6.9B

Price & Trading

Last Close$20.03
50-Day MA$19.97
200-Day MA$19.30
Avg Volume1.8M
Beta0.1
52-Week Range
$14.87
$21.35

About TEGNA INC (TGNA)

CEO
Mr. Michael F. Steib
Employees
5,500
Sector
Communication Services
Industry
Broadcasting
Country
United States
Exchange
NYSE
Market Cap
$3.2B
Currency
USD

TEGNA Inc. operates as a broadcast and digital media company in the United States. The company engages in content and tools to help people navigate their daily lives. It also delivers local news, information, and marketing solutions to audiences through a diverse range of digital advertising offerings, which include websites, mobile apps, CTV streaming apps, telecommunications providers, and free, ad-supported streaming television (FAST) channels, and Premion, digital advertising solution that reaches third-party streaming app and CTV networks, social media, and traditional linear television; production of programming and tower rentals; owns and operates multicast networks under the names True Crime Network and Quest. TEGNA Inc. was formerly known as Gannett Co., Inc. and changed its name to TEGNA Inc. in June 2015. TEGNA Inc. was founded in 1906 and is headquartered in Mclean, Virginia. As of March 19, 2026, TEGNA Inc. operates as a subsidiary of Nexstar Media Group, Inc.

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Frequently Asked Questions

Is TEGNA INC (TGNA) halal to invest in?

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

TEGNA INC's debt ratio is 77.4% 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 37.7%.

What are TEGNA INC's key financial metrics?

TEGNA INC has a market capitalization of $3.2B, trailing P/E ratio of 14.9, and revenue of $2.7B. The company maintains a gross margin of 36.2% and a net margin of 8.1%. Return on equity stands at 7.1%.

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.