Newell Brands
3.16 %
-29.04 %
Yet to be announced
Company Overview
Newell Brands is a global consumer goods company that manufactures and distributes a wide portfolio of products including writing instruments, baby gear, food storage containers, home fragrance products, and outdoor/recreational products. Their brands include Sharpie, Paper Mate, Elmer's, Rubbermaid, Graco, Yankee Candle, and Coleman.
Revenue Sources
PassBased on review of Newell Brands' product portfolio and revenue sources across their business segments, there is no evidence that more than 2.5% of revenue comes from haram products or services. The company's main revenue streams come from household products, writing instruments, baby products, and outdoor equipment - all of which are halal.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| March 31, 2025 | $1.57b | $1.54b | - | - | 0.00% | 0.00% |
| Dec. 31, 2024 | $1.95b | $1.88b | - | $-57,000,000.0 | 0.00% | 3.03% |
| Sept. 30, 2024 | $1.95b | $2.07b | - | - | 0.00% | 0.00% |
| June 30, 2024 | $2.03b | $1.87b | - | - | 0.00% | 0.00% |
Analyzing the most recent four quarters of financial data: While interest expenses were reported in Q4 2023 ($146M) and Q1 2024 ($71M), they were not material relative to total expenses. The interest expense to total expense ratios were well below concerning levels. Additionally, the company shows zero interest income across all quarters, indicating it does not derive revenue from interest-based activities.
Operational Ethics
PassAfter reviewing Newell Brands' operations and facilities locations, there is no evidence of material ongoing associations with entities involved in human rights violations. The company has manufacturing and distribution facilities across multiple countries, but no significant operations or R&D centers in Israel or direct ties to the Chinese Communist Party have been identified.
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