Is FLEXSTEEL INDUSTRIES INC (FLXS) Halal?

NASDAQ Consumer Cyclical United States $245M
✓ HALAL
Confidence: 95/100
FLEXSTEEL INDUSTRIES INC (FLXS) is Halal under all 5 major Shariah screening standards. With a debt ratio of just 23.6% against the AAOIFI threshold of 30%, FLEXSTEEL INDUSTRIES INC comfortably passes the key financial ratio tests. The company operates in the Consumer Cyclical sector (Furnishings, Fixtures & Appliances), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from June 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 23.6%
/ 30%
15.9%
/ 30%
14.0%
/ 30%
0.1%
/ 5%
✓ HALAL
DJIM 23.6%
/ 33%
15.9%
/ 33%
14.0%
/ 33%
0.1%
/ 5%
✓ HALAL
MSCI 21.0%
/ 33%
14.2%
/ 33%
12.5%
/ 33%
0.1%
/ 5%
✓ HALAL
S&P 23.6%
/ 33%
15.9%
/ 33%
14.0%
/ 33%
0.1%
/ 5%
✓ HALAL
FTSE 21.0%
/ 33%
14.2%
/ 33%
12.5%
/ 50%
0.1%
/ 5%
✓ HALAL

Financial Highlights

P/E Ratio
12.5
Forward: 11.0
EPS
$3.66
Dividend Yield
175.0%
Payout: 21.0%
P/B Ratio
1.4
EV/EBITDA
6.6
EV: $264M
Revenue
$441M
Growth: 9.0%
Beta
0.5
Low volatility
Current Ratio
3.0

Profitability

Gross Margin 23.1%
Operating Margin 7.6%
Net Margin 4.6%
Return on Equity (ROE) 12.3%
Return on Assets (ROA) 8.1%

Cash Flow & Balance Sheet

Operating Cash Flow$37M
Free Cash Flow$34M
Total Debt$59M
Debt-to-Equity31.2
Current Ratio3.0
Total Assets$282M

Price & Trading

Last Close$44.81
50-Day MA$47.44
200-Day MA$41.68
Avg Volume34K
Beta0.5
52-Week Range
$29.38
$59.95

About FLEXSTEEL INDUSTRIES INC (FLXS)

CEO
Mr. Derek Paul Schmidt CPA
Employees
1,400
Sector
Consumer Cyclical
Industry
Furnishings, Fixtures & Appliances
Country
United States
Exchange
NASDAQ
Market Cap
$245M
Currency
USD

Flexsteel Industries, Inc., together with its subsidiaries, manufactures, distributes, imports, and markets residential furniture products in the United States. The company offers furniture, such as sofas, loveseats, chairs, reclining rocking chairs, swivel rockers, sofa beds, convertible bedding units, occasional tables, desks, dining tables and chairs, kitchen storage, bedroom furniture, and outdoor furniture. It distributes its products through its e-commerce channel and direct sales force. The company was founded in 1893 and is based in Dubuque, Iowa.

Purification Calculator

As a halal stock with 0.10% impermissible income, you need to purify your dividends.

Enter your dividends to calculate purification amount

Related Halal Stocks in Consumer Cyclical

Frequently Asked Questions

Is FLEXSTEEL INDUSTRIES INC (FLXS) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), FLEXSTEEL INDUSTRIES 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 FLEXSTEEL INDUSTRIES INC's debt ratio?

FLEXSTEEL INDUSTRIES INC's debt ratio is 23.6% 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 21.0%.

Does FLEXSTEEL INDUSTRIES INC require dividend purification?

Yes, FLEXSTEEL INDUSTRIES INC has an impermissible income ratio of 0.10%, which means 0.10% 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 FLEXSTEEL INDUSTRIES INC's key financial metrics?

FLEXSTEEL INDUSTRIES INC has a market capitalization of $245M, trailing P/E ratio of 12.5, and revenue of $441M. The company maintains a gross margin of 23.1% and a net margin of 4.6%. Return on equity stands at 12.3%.

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.