Is WOLVERINE WORLD WIDE INC /DE/ (WWW) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 59.3% / 30% | 11.3% / 30% | 15.6% / 30% | 0.14% / 5% | ✗ NOT HALAL |
| DJIM | 59.3% / 33% | 11.3% / 33% | 15.6% / 33% | 0.14% / 5% | ✗ NOT HALAL |
| MSCI | 47.8% / 33% | 9.1% / 33% | 12.5% / 33% | 0.14% / 5% | ✗ NOT HALAL |
| S&P | 59.3% / 33% | 11.3% / 33% | 15.6% / 33% | 0.14% / 5% | ✗ NOT HALAL |
| FTSE | 47.8% / 33% | 9.1% / 33% | 12.5% / 50% | 0.14% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 47.3% | |
| Operating Margin | 9.6% | |
| Net Margin | 5.1% | |
| Return on Equity (ROE) | 27.1% | |
| Return on Assets (ROA) | 5.7% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $140M |
| Free Cash Flow | $126M |
| Total Debt | $762M |
| Debt-to-Equity | 180.1 |
| Current Ratio | 1.4 |
| Total Assets | $1.7B |
Price & Trading
| Last Close | $16.47 |
| 50-Day MA | $17.52 |
| 200-Day MA | $21.26 |
| Avg Volume | 1.5M |
| Beta | 1.9 |
|
52-Week Range
$9.58
| |
About WOLVERINE WORLD WIDE INC /DE/ (WWW)
Wolverine World Wide, Inc. designs, manufactures, sources, markets, licenses, and distributes footwear, apparel, and accessories in the United States, Europe, the Middle East, Africa, the Asia Pacific, Canada and Latin America. It operates through two segments: Active Group and Work Group. The company offers casual footwear and apparel; performance outdoor and athletic footwear and apparel; kids' footwear; industrial work boots and apparel; and uniform shoes and boots. It sources and markets a range of footwear and apparel styles, such as shoes, boots and sandals under the Bates, Cat, Chaco, Harley-Davidson, Hush Puppies, Hytest, Merrell, Saucony, Sperry, Keds, Sweaty Betty, and Wolverine brands; and licenses under the Stride Rite brand. The company markets Merrell and Wolverine branded apparel and accessories, as well as licenses its brands for use on non-footwear products, including the Hush Puppies apparel, eyewear, watches, socks, handbags, and plush toys; and Wolverine branded eyewear and gloves. In addition, the company markets pigskin leather under the Wolverine Leather division; sourcing division provides consulting services related to product development, production control, quality assurance, materials procurement, compliance, and other service; and multi-brand direct-to-consumer division includes retail stores that sell footwear and apparel of its brand portfolio and other brands. It sells its products to department stores, national chains, catalog and specialty retailers, independent retailers, uniform outlets, and mass merchant and government customers through retail stores, third-party licensees and distributors, and joint ventures; and operates brick and mortar retails stores, and e-commerce sites. The company was founded in 1883 and is headquartered in Rockford, Michigan.
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Frequently Asked Questions
Is WOLVERINE WORLD WIDE INC /DE/ (WWW) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), WOLVERINE WORLD WIDE INC /DE/ 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 WOLVERINE WORLD WIDE INC /DE/'s debt ratio?
WOLVERINE WORLD WIDE INC /DE/'s debt ratio is 59.3% 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 47.8%.
What are WOLVERINE WORLD WIDE INC /DE/'s key financial metrics?
WOLVERINE WORLD WIDE INC /DE/ has a market capitalization of $1.3B, trailing P/E ratio of 13.8, and revenue of $1.9B. The company maintains a gross margin of 47.3% and a net margin of 5.1%. Return on equity stands at 27.1%.
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.