Is ASTRONICS CORP (ATRO) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 7.1% / 30% | 0.3% / 30% | 7.1% / 30% | 1.55% / 5% | ✓ HALAL |
| DJIM | 7.1% / 33% | 0.3% / 33% | 7.1% / 33% | 1.55% / 5% | ✓ HALAL |
| MSCI | 29.9% / 33% | 1.4% / 33% | 29.5% / 33% | 1.55% / 5% | ✓ HALAL |
| S&P | 7.1% / 33% | 0.3% / 33% | 7.1% / 33% | 1.55% / 5% | ✓ HALAL |
| FTSE | 29.9% / 33% | 1.4% / 33% | 29.5% / 50% | 1.55% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 30.6% | |
| Operating Margin | 19.1% | |
| Net Margin | 3.4% | |
| Return on Equity (ROE) | 14.8% | |
| Return on Assets (ROA) | 8.3% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $75M |
| Free Cash Flow | $43M |
| Total Debt | $378M |
| Debt-to-Equity | 270.1 |
| Current Ratio | 3.1 |
| Total Assets | $707M |
Price & Trading
| Last Close | $65.28 |
| 50-Day MA | $74.36 |
| 200-Day MA | $51.44 |
| Avg Volume | 734K |
| Beta | 1.0 |
|
52-Week Range
$19.89
| |
About ASTRONICS CORP (ATRO)
Astronics Corporation, through its subsidiaries, designs and manufactures products for the aerospace, defense, and electronics industries in the United States, rest of North America, Asia, Europe, South America, and internationally. It operates in two segments, Aerospace and Test Systems. The Aerospace segment offers lighting and safety systems, electrical power generation systems, distribution and seat motions systems, aircraft structures, avionics products, systems certification, and other products. This segment serves airframe manufacturers (OEM) that build aircraft for the commercial transport, military, and general aviation markets; suppliers to OEMs; and aircraft operators, such as airlines; suppliers to the aircraft operators; and branches of the U.S. Department of Defense. The Test Systems segment designs, develops, manufactures, and maintains automated test systems that support the aerospace and defense, communications, and mass transit industries, as well as training and simulation devices for commercial and military applications. This segment serves OEMs and prime government contractors for electronics and military products. The company was incorporated in 1968 and is headquartered in East Aurora, New York.
Purification Calculator
As a halal stock with 1.55% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is ASTRONICS CORP (ATRO) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), ASTRONICS CORP 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 ASTRONICS CORP's debt ratio?
ASTRONICS CORP's debt ratio is 7.1% 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 29.9%.
Does ASTRONICS CORP require dividend purification?
Yes, ASTRONICS CORP has an impermissible income ratio of 1.55%, which means 1.55% 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 ASTRONICS CORP's key financial metrics?
ASTRONICS CORP has a market capitalization of $2.3B, trailing P/E ratio of 80.0, and revenue of $862M. The company maintains a gross margin of 30.6% and a net margin of 3.4%. Return on equity stands at 14.8%.
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.