Is WABASH NATIONAL Corp (WNC) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 122.2% / 30% | 8.6% / 30% | 35.3% / 30% | 1.07% / 5% | ✗ NOT HALAL |
| DJIM | 122.2% / 33% | 8.6% / 33% | 35.3% / 33% | 1.07% / 5% | ✗ NOT HALAL |
| MSCI | 38.9% / 33% | 2.7% / 33% | 11.2% / 33% | 1.07% / 5% | ✗ NOT HALAL |
| S&P | 122.2% / 33% | 8.6% / 33% | 35.3% / 33% | 1.07% / 5% | ✗ NOT HALAL |
| FTSE | 38.9% / 33% | 2.7% / 33% | 11.2% / 50% | 1.07% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 4.5% | |
| Operating Margin | -14.3% | |
| Net Margin | 13.7% | |
| Return on Equity (ROE) | 75.8% | |
| Return on Assets (ROA) | 15.6% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $12M |
| Free Cash Flow | -$13M |
| Total Debt | $456M |
| Debt-to-Equity | 130.1 |
| Current Ratio | 1.4 |
| Total Assets | $1.2B |
Price & Trading
| Last Close | $9.07 |
| 50-Day MA | $9.99 |
| 200-Day MA | $9.83 |
| Avg Volume | 608K |
| Beta | 1.6 |
|
52-Week Range
$6.78
| |
About WABASH NATIONAL Corp (WNC)
Wabash National Corporation manufactures engineered solutions and services for transportation, logistics and infrastructure industry in the United States. The company operates in two segments, Transportation Solutions and Parts & Services. It offers dry van trailers, platform trailers, refrigerated trailers, stainless steel and aluminum tank trailers, and used trailors; dry freight truck bodies, cargo bodies, insulated and light-duty acutherm refrigerated truck bodies, and platform truck bodies; and laminated hardwood oak flooring. The company also provides aftermarket parts and services; steel flatbed bodies, truck body mounting, shelving for package delivery, partitions, roof racks, hitches, thermal solutions, liftgates, and other; door repair and replacement, collision repair, and basic maintenance; stainless steel storage tanks and silos, mixers, and processors for the dairy, food and beverage, pharmaceutical, chemical, craft brewing, and biotech end markets; and truck bodies, overhead doors, and other industrial applications. In addition, it offers maintenance and repair services for tank trailers and other related equipment; direct-line access to truck body repair parts; and trailers as a service, as well as develops and scales a digital marketplace for the transportation and logistics distribution industry. The company offers its products under the Wabash, MaxClearance, Trust Lock Plus, EZ-7, Lock-Rite, EZ-Adjust, DuraPlate, DuraPlateHD, DuraPlate AeroSkirt, and AeroSkirt CX brands, and EcoNex brand. Wabash National Corporation was founded in 1985 and is headquartered in Lafayette, Indiana.
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Frequently Asked Questions
Is WABASH NATIONAL Corp (WNC) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), WABASH NATIONAL Corp 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 WABASH NATIONAL Corp's debt ratio?
WABASH NATIONAL Corp's debt ratio is 122.2% 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 38.9%.
What are WABASH NATIONAL Corp's key financial metrics?
WABASH NATIONAL Corp has a market capitalization of $341M, trailing P/E ratio of 1.7, and revenue of $1.5B. The company maintains a gross margin of 4.5% and a net margin of 13.7%. Return on equity stands at 75.8%.
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.