Is Daimler Truck (DTG) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 85.1% / 30% | 28.3% / 30% | 13.9% / 30% | 0.8% / 5% | ✗ NOT HALAL |
| DJIM | 85.1% / 33% | 28.3% / 33% | 13.9% / 33% | 0.8% / 5% | ✗ NOT HALAL |
| MSCI | 35.7% / 33% | 11.9% / 33% | 5.8% / 33% | 0.8% / 5% | ✗ NOT HALAL |
| S&P | 85.1% / 33% | 28.3% / 33% | 13.9% / 33% | 0.8% / 5% | ✗ NOT HALAL |
| FTSE | 35.7% / 33% | 11.9% / 33% | 5.8% / 50% | 0.8% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 18.6% | |
| Operating Margin | 10.5% | |
| Net Margin | 4.3% | |
| Return on Equity (ROE) | 8.1% | |
| Return on Assets (ROA) | 2.8% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $1.6B |
| Free Cash Flow | -$321M |
| Total Debt | $26.4B |
| Debt-to-Equity | 132.3 |
| Current Ratio | 1.8 |
| Total Assets | $73.9B |
Price & Trading
| Last Close | EUR 41.20 |
| 50-Day MA | EUR 41.89 |
| 200-Day MA | EUR 39.06 |
| Avg Volume | 1.2M |
| Beta | 1.0 |
|
52-Week Range
EUR 30.78
| |
About Daimler Truck (DTG)
Daimler Truck Holding AG manufactures and sells light, medium- and heavy-duty trucks and buses in Europe, North America, Asia, Latin America, and internationally. The company operates through five segments: Trucks North America, Mercedes-Benz Trucks, Trucks Asia, Daimler Buses, and Financial Services. It offers light, medium, and heavy-duty trucks; city and intercity buses, coaches, and bus chassis; industrial engines; and special vehicles used in various sector, as well as new and used commercial vehicles. The company also provides various financial services, such as rental, leasing, and financing for vehicles; and charging infrastructure, insurance brokerage, payment, and integrated services for zero emission vehicles. In addition, it offers connectivity solutions under the Detroit Connect, Truckonnect, TruckLive, OMNIplus ON, Mercedes-Benz Uptime, and Fleetboard brand names; and aftersales services, as well as sells spare parts. It provides trucks and buses under the Mercedes-Benz, Freightliner, Western Star, FUSO, BharatBenz, RIZON, Setra, and Thomas Built Buses brands. The company was founded in 1896 and is headquartered in Leinfelden-Echterdingen, Germany.
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Frequently Asked Questions
Is Daimler Truck (DTG) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Daimler Truck 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 Daimler Truck's debt ratio?
Daimler Truck's debt ratio is 85.1% 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 35.7%.
What are Daimler Truck's key financial metrics?
Daimler Truck has a market capitalization of $31.3B, trailing P/E ratio of 17.5, and revenue of $54.1B. The company maintains a gross margin of 18.6% and a net margin of 4.3%. Return on equity stands at 8.1%.
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.