Is Construction Partners, Inc. (ROAD) Halal?
Shariah Screening — 5 Standards
Based on financial data from September 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 25.3% / 30% | 2.3% / 30% | 8.9% / 30% | 0.53% / 5% | ✓ HALAL |
| DJIM | 25.3% / 33% | 2.3% / 33% | 8.9% / 33% | 0.53% / 5% | ✓ HALAL |
| MSCI | 52.2% / 33% | 4.8% / 33% | 18.4% / 33% | 0.53% / 5% | ✗ NOT HALAL |
| S&P | 25.3% / 33% | 2.3% / 33% | 8.9% / 33% | 0.53% / 5% | ✓ HALAL |
| FTSE | 52.2% / 33% | 4.8% / 33% | 18.4% / 50% | 0.53% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 15.8% | |
| Operating Margin | 7.6% | |
| Net Margin | 4.0% | |
| Return on Equity (ROE) | 13.7% | |
| Return on Assets (ROA) | 6.3% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $291M |
| Free Cash Flow | $153M |
| Total Debt | $1.7B |
| Debt-to-Equity | 189.7 |
| Current Ratio | 1.6 |
| Total Assets | $3.2B |
Price & Trading
| Last Close | $109.71 |
| 50-Day MA | $121.39 |
| 200-Day MA | $114.89 |
| Avg Volume | 537K |
| Beta | 0.8 |
|
52-Week Range
$64.79
| |
About Construction Partners, Inc. (ROAD)
Construction Partners, Inc., a civil infrastructure company, constructs and maintains roadways in Alabama, Florida, Georgia, North Carolina, Oklahoma, South Carolina, Tennessee, and Texas. The company provides various products and services to public and private infrastructure projects, such as highways, roads, bridges, airports, and commercial and residential developments. It also engages in manufacturing and distributing hot mix asphalt (HMA) for internal use and sales to third parties in connection with construction projects; and paving activities, including the construction of roadway base layers and application of asphalt pavement. In addition, the company is involved in site development, including the installation of utility and drainage systems; mining aggregates, such as sand, gravel, and construction stones that are used as raw materials in the production of HMA; and distributing liquid asphalt cement for internal use and sales to third parties in connection with HMA production. The company was formerly known as SunTx CPI Growth Company, Inc. and changed its name to Construction Partners, Inc. in September 2017. Construction Partners, Inc. was incorporated in 2007 and is headquartered in Dothan, Alabama.
Purification Calculator
As a halal stock with 0.53% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is Construction Partners, Inc. (ROAD) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Construction Partners, 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 Construction Partners, Inc.'s debt ratio?
Construction Partners, Inc.'s debt ratio is 25.3% 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 52.2%.
Does Construction Partners, Inc. require dividend purification?
Yes, Construction Partners, Inc. has an impermissible income ratio of 0.53%, which means 0.53% 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 Construction Partners, Inc.'s key financial metrics?
Construction Partners, Inc. has a market capitalization of $6.2B, trailing P/E ratio of 49.3, and revenue of $2.8B. The company maintains a gross margin of 15.8% and a net margin of 4.0%. 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.