Is Worthington Steel, Inc. (WS) Halal?

NYSE Basic Materials United States $1.4B
✓ HALAL
Confidence: 95/100
Worthington Steel, Inc. (WS) is Halal under all 5 major Shariah screening standards. With a debt ratio of just 11.9% against the AAOIFI threshold of 30%, Worthington Steel, Inc. comfortably passes the key financial ratio tests. The company operates in the Basic Materials sector (Steel), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from May 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 11.9%
/ 30%
2.0%
/ 30%
23.0%
/ 30%
0.06%
/ 5%
✓ HALAL
DJIM 11.9%
/ 33%
2.0%
/ 33%
23.0%
/ 33%
0.06%
/ 5%
✓ HALAL
MSCI 11.6%
/ 33%
1.9%
/ 33%
22.4%
/ 33%
0.06%
/ 5%
✓ HALAL
S&P 11.9%
/ 33%
2.0%
/ 33%
23.0%
/ 33%
0.06%
/ 5%
✓ HALAL
FTSE 11.6%
/ 33%
1.9%
/ 33%
22.4%
/ 50%
0.06%
/ 5%
✓ HALAL

Financial Highlights

P/E Ratio
11.7
Forward: 10.5
EPS
$2.40
Dividend Yield
228.0%
Payout: 26.7%
P/B Ratio
1.2
EV/EBITDA
8.6
EV: $1.9B
Revenue
$3.1B
Growth: 12.0%
Beta
1.6
High volatility
Current Ratio
1.5

Profitability

Gross Margin 12.3%
Operating Margin -0.2%
Net Margin 3.6%
Return on Equity (ROE) 10.4%
Return on Assets (ROA) 4.3%

Cash Flow & Balance Sheet

Operating Cash Flow$230M
Free Cash Flow$100M
Total Debt$228M
Debt-to-Equity26.0
Current Ratio1.5
Total Assets$2.0B

Price & Trading

Last Close$29.79
50-Day MA$39.60
200-Day MA$33.99
Avg Volume287K
Beta1.6
52-Week Range
$21.30
$49.17

About Worthington Steel, Inc. (WS)

CEO
Mr. Geoffrey G. Gilmore
Employees
6,000
Sector
Basic Materials
Industry
Steel
Country
United States
Exchange
NYSE
Market Cap
$1.4B
Currency
USD

Worthington Steel, Inc. operates as a steel processor in North America. The company offers carbon flat-rolled steel and tailor welded blanks, as well as automotive and electrical steel lamination stampings; and aluminum tailor welded blanks. It serves automotive, construction, machinery and equipment, heavy truck, agriculture, and energy sectors. The company was incorporated in 2023 and is headquartered in Columbus, Ohio.

Purification Calculator

As a halal stock with 0.06% impermissible income, you need to purify your dividends.

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Frequently Asked Questions

Is Worthington Steel, Inc. (WS) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Worthington Steel, 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 Worthington Steel, Inc.'s debt ratio?

Worthington Steel, Inc.'s debt ratio is 11.9% 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 11.6%.

Does Worthington Steel, Inc. require dividend purification?

Yes, Worthington Steel, Inc. has an impermissible income ratio of 0.06%, which means 0.06% 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 Worthington Steel, Inc.'s key financial metrics?

Worthington Steel, Inc. has a market capitalization of $1.4B, trailing P/E ratio of 11.7, and revenue of $3.1B. The company maintains a gross margin of 12.3% and a net margin of 3.6%. Return on equity stands at 10.4%.

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.