Is ST JOE Co (JOE) Halal?

NYSE Real Estate United States $3.5B
✓ HALAL
Confidence: 95/100
ST JOE Co (JOE) is Halal under 3 of 5 Shariah screening standards, including AAOIFI Standard 21. With a debt ratio of just 15.6% against the AAOIFI threshold of 30%, ST JOE Co comfortably passes the key financial ratio tests. The company operates in the Real Estate sector (Real Estate - Diversified), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 15.6%
/ 30%
2.2%
/ 30%
1.1%
/ 30%
3.35%
/ 5%
✓ HALAL
DJIM 15.6%
/ 33%
2.2%
/ 33%
1.1%
/ 33%
3.35%
/ 5%
✓ HALAL
MSCI 40.4%
/ 33%
5.8%
/ 33%
2.8%
/ 33%
3.35%
/ 5%
✗ NOT HALAL
S&P 15.6%
/ 33%
2.2%
/ 33%
1.1%
/ 33%
3.35%
/ 5%
✓ HALAL
FTSE 40.4%
/ 33%
5.8%
/ 33%
2.8%
/ 50%
3.35%
/ 5%
✗ NOT HALAL

Financial Highlights

P/E Ratio
30.9
Forward: 558.4
EPS
$1.99
Dividend Yield
104.0%
Payout: 29.1%
P/B Ratio
4.6
EV/EBITDA
20.6
EV: $4.0B
Revenue
$513M
Growth: 23.5%
Beta
1.4
High volatility
Current Ratio
4.1

Profitability

Gross Margin 43.1%
Operating Margin 30.6%
Net Margin 22.5%
Return on Equity (ROE) 15.3%
Return on Assets (ROA) 6.0%

Cash Flow & Balance Sheet

Operating Cash Flow$191M
Free Cash Flow$167M
Total Debt$573M
Debt-to-Equity73.8
Current Ratio4.1
Total Assets$1.5B

Price & Trading

Last Close$60.32
50-Day MA$67.81
200-Day MA$56.92
Avg Volume210K
Beta1.4
52-Week Range
$40.19
$73.54

About ST JOE Co (JOE)

CEO
Mr. Jorge Luis Gonzalez
Employees
906
Sector
Real Estate
Industry
Real Estate - Diversified
Country
United States
Exchange
NYSE
Market Cap
$3.5B
Currency
USD

The St. Joe Company, together with its subsidiaries, operates as a real estate development, asset management, and operating company in the United States. It operates through three segments: Residential, Hospitality, and Commercial. The Residential segment engages in the development of communities into homesites for sale to homebuilders and on a limited basis to retail customers. This segment primarily sells developed homesites, completed homes, parcels of entitled or undeveloped land or homesites, and a homesite residual on homebuilder, as well as offers marketing services. Its Hospitality segment owns and operates a private membership club, golf courses, beach clubs, retail outlets, marinas, and other entertainment assets. This segment also engages in the hotel, food and beverage, and gulf-front vacation rental operations, as well as provides management services. The Commercial segment engages in leasing of commercial property, multi-family, a senior living community, and other assets. This segment also involved in the planning, development, entitlement, management, and sale of commercial and rural land holdings for retail, office, hotel, senior living, multi-family, self-storage, and industrial uses; and grows and sells pulpwood, sawtimber, and other forest products, as well as operates real estate brokerage, title insurance agency and insurance agency business. The St. Joe Company was incorporated in 1936 and is based in Panama City Beach, Florida.

Purification Calculator

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Frequently Asked Questions

Is ST JOE Co (JOE) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), ST JOE Co 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 ST JOE Co's debt ratio?

ST JOE Co's debt ratio is 15.6% 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 40.4%.

Does ST JOE Co require dividend purification?

Yes, ST JOE Co has an impermissible income ratio of 3.35%, which means 3.35% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.

What are ST JOE Co's key financial metrics?

ST JOE Co has a market capitalization of $3.5B, trailing P/E ratio of 30.9, and revenue of $513M. The company maintains a gross margin of 43.1% and a net margin of 22.5%. Return on equity stands at 15.3%.

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.