Is Legence Corp. (LGN) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 31.3% / 30% | 1.5% / 30% | 11.7% / 30% | 0.26% / 5% | ✗ NOT HALAL |
| DJIM | 31.3% / 33% | 1.5% / 33% | 11.7% / 33% | 0.26% / 5% | ✓ HALAL |
| MSCI | 72.4% / 33% | 3.5% / 33% | 27.1% / 33% | 0.26% / 5% | ✗ NOT HALAL |
| S&P | 31.3% / 33% | 1.5% / 33% | 11.7% / 33% | 0.26% / 5% | ✓ HALAL |
| FTSE | 72.4% / 33% | 3.5% / 33% | 27.1% / 50% | 0.26% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 21.0% | |
| Operating Margin | 1.1% | |
| Net Margin | -2.3% | |
| Return on Equity (ROE) | -15.6% | |
| Return on Assets (ROA) | 2.4% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $29M |
| Free Cash Flow | $10M |
| Total Debt | $1.7B |
| Debt-to-Equity | 121.0 |
| Current Ratio | 1.6 |
| Total Assets | $2.4B |
Price & Trading
| Last Close | $52.98 |
| 50-Day MA | $51.13 |
| 200-Day MA | $43.40 |
| Avg Volume | 1.0M |
|
52-Week Range
$26.96
| |
About Legence Corp. (LGN)
Legence Corp. provides engineering, installation, and maintenance services for mission-critical systems in buildings in United States. The company operates through two segments, Engineering & Consulting, and Installation & Maintenance. The Engineering & Consulting segment designs HVAC and other MEP systems for buildings, develops strategies to help reduce energy usage and make buildings more sustainable and provides program and project management services for client's installation and retrofit projects.This segment also offers engineering and co program and project management services. The Installation & Maintenance segment fabricates and installs HVAC systems, process piping and other MEP systems in new and existing industrial, commercial and institutional buildings and provides ongoing preventative and corrective maintenance services for those systems. It serves data centers, technology, life sciences, education, mixed-use, state and local government, and other markets. The company was incorporated in 2025 and is based in San Jose, California.
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Frequently Asked Questions
Is Legence Corp. (LGN) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Legence Corp. 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 Legence Corp.'s debt ratio?
Legence Corp.'s debt ratio is 31.3% 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 72.4%.
What are Legence Corp.'s key financial metrics?
Legence Corp. has a market capitalization of $6.2B, and revenue of $2.1B. The company maintains a gross margin of 21.0% and a net margin of -2.3%. Return on equity stands at -15.6%.
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.