CW

Curtiss-Wright Corp.

Halal Rating :
Comfortable
Last Price $355
Market Cap $13.47b
1D Change

1.25 %

1 Year Change

46.91 %

Next Earnings Date

Yet to be announced

Company Overview

Curtiss-Wright Corporation provides engineered products, solutions, and services to the aerospace, defense, general industrial, and power generation markets. The Aerospace & Industrial segment offers industrial vehicle products, such as electronic throttle control devices, joysticks, and transmission shifters. The Defense Electronics segment provides commercial off-the-shelf embedded computing board-level modules, data acquisition and flight test instrumentation equipment.

Revenue Sources

Pass

Based on review of Curtiss-Wright's revenue sources from SEC filings and company reports, the company's primary revenue streams come from engineering products and services for defense, aerospace, and industrial applications. None of these core business activities are inherently haram. While the company does serve the defense industry, this involves the manufacture of legitimate military equipment and systems rather than prohibited activities.

Reliance on Interest

Reporting Date Total Revenue Total Expense Interest Income Interest Expense Interest Income Ratio Interest Expense Ratio
Sept. 30, 2024 $798.92m $665.42m - $11.41m 0.00% 1.71%
June 30, 2024 $784.79m $667.11m - $11.22m 0.00% 1.68%
March 31, 2024 $713.17m $623.78m - $10.57m 0.00% 1.69%
Dec. 31, 2023 $785.79m $636.06m - $10.96m 0.00% 1.72%

Based on the provided financial data for the last four quarters, interest expense ratios relative to total expenses have remained consistently low. The company maintains a conservative approach to leverage, using debt primarily for working capital and strategic investments rather than as a core revenue source.

Operational Ethics

Pass

Based on review of company disclosures and public information, there is no evidence of significant ongoing business relationships or material associations with the state of Israel or the Chinese Communist Party. The company's primary business relationships are with U.S. and Western allied nations' defense departments and commercial customers.

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