Is AAON, INC. (AAON) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 2.4% / 30% | 0.0% / 30% | 4.0% / 30% | 0.03% / 5% | ✓ HALAL |
| DJIM | 2.4% / 33% | 0.0% / 33% | 4.0% / 33% | 0.03% / 5% | ✓ HALAL |
| MSCI | 14.5% / 33% | 0.0% / 33% | 24.4% / 33% | 0.03% / 5% | ✓ HALAL |
| S&P | 2.4% / 33% | 0.0% / 33% | 4.0% / 33% | 0.03% / 5% | ✓ HALAL |
| FTSE | 14.5% / 33% | 0.0% / 33% | 24.4% / 50% | 0.03% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 26.7% | |
| Operating Margin | 4.0% | |
| Net Margin | 7.5% | |
| Return on Equity (ROE) | 12.5% | |
| Return on Assets (ROA) | 6.5% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $534,000 |
| Free Cash Flow | -$204M |
| Total Debt | $425M |
| Debt-to-Equity | 8.6 |
| Current Ratio | 2.6 |
| Total Assets | $1.7B |
Price & Trading
| Last Close | $83.40 |
| 50-Day MA | $92.82 |
| 200-Day MA | $87.43 |
| Avg Volume | 957K |
| Beta | 1.1 |
|
52-Week Range
$62.00
| |
About AAON, INC. (AAON)
AAON, Inc., together with its subsidiaries, engages in engineering, manufacturing, marketing, and selling air conditioning and heating equipment in the United States and Canada. The company operates through three segments: AAON Oklahoma, AAON Coil Products, and BASX. It offers rooftop units, data center cooling solutions, cleanroom systems, packaged outdoor mechanical rooms, air handling units, makeup air units, energy recovery units, condensing units, geothermal/water-source heat pumps, coils, and controls. The company markets and sells its products to retail, manufacturing, educational, lodging, supermarket, data centers, medical and pharmaceutical, and other commercial industries. It sells its products through a network of independent manufacturer representative organizations and internal sales force, as well as online. AAON, Inc. was incorporated in 1987 and is headquartered in Tulsa, Oklahoma.
Purification Calculator
As a halal stock with 0.03% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is AAON, INC. (AAON) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), AAON, 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 AAON, INC.'s debt ratio?
AAON, INC.'s debt ratio is 2.4% 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 14.5%.
Does AAON, INC. require dividend purification?
Yes, AAON, INC. has an impermissible income ratio of 0.03%, which means 0.03% 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 AAON, INC.'s key financial metrics?
AAON, INC. has a market capitalization of $6.7B, trailing P/E ratio of 63.2, and revenue of $1.4B. The company maintains a gross margin of 26.7% and a net margin of 7.5%. Return on equity stands at 12.5%.
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.