Is AMERICAN STATES WATER CO (AWR) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 31.9% / 30% | 0.6% / 30% | 5.1% / 30% | 0.86% / 5% | ✗ NOT HALAL |
| DJIM | 31.9% / 33% | 0.6% / 33% | 5.1% / 33% | 0.86% / 5% | ✓ HALAL |
| MSCI | 34.6% / 33% | 0.7% / 33% | 5.5% / 33% | 0.86% / 5% | ✗ NOT HALAL |
| S&P | 31.9% / 33% | 0.6% / 33% | 5.1% / 33% | 0.86% / 5% | ✓ HALAL |
| FTSE | 34.6% / 33% | 0.7% / 33% | 5.5% / 50% | 0.86% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 57.3% | |
| Operating Margin | 28.8% | |
| Net Margin | 19.8% | |
| Return on Equity (ROE) | 13.3% | |
| Return on Assets (ROA) | 5.0% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $230M |
| Free Cash Flow | -$7M |
| Total Debt | $938M |
| Debt-to-Equity | 89.7 |
| Current Ratio | 1.3 |
| Total Assets | $2.7B |
Price & Trading
| Last Close | $74.96 |
| 50-Day MA | $73.71 |
| 200-Day MA | $74.15 |
| Avg Volume | 250K |
| Beta | 0.7 |
|
52-Week Range
$69.45
| |
About AMERICAN STATES WATER CO (AWR)
American States Water Company, through its subsidiaries, engages in the provision of water and electric services to residential, commercial, industrial, and other customers in the United States. It operates through three segments: Water, Electric, and Contracted Services. The company purchases, produces, distributes, and sells water, as well as distributes electricity. It provides water service to approximately 265,100 customers; and distributes electricity to approximately 24,900 customers in several San Bernardino County Mountain communities in California. The company also offers water and/or wastewater services at various military installations. American States Water Company was founded in 1929 and is headquartered in San Dimas, California.
Related Halal Stocks in Utilities
Frequently Asked Questions
Is AMERICAN STATES WATER CO (AWR) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), AMERICAN STATES WATER CO 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 AMERICAN STATES WATER CO's debt ratio?
AMERICAN STATES WATER CO's debt ratio is 31.9% 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 34.6%.
What are AMERICAN STATES WATER CO's key financial metrics?
AMERICAN STATES WATER CO has a market capitalization of $2.9B, trailing P/E ratio of 22.3, and revenue of $658M. The company maintains a gross margin of 57.3% and a net margin of 19.8%. Return on equity stands at 13.3%.
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.