Is ONITY GROUP INC. (ONIT) Halal?

NYSE Financial Services United States $320M
✗ NOT HALAL
Confidence: 95/100
ONITY GROUP INC. (ONIT) is Not Halal under AAOIFI Standard 21 due to its classification in the Mortgage Finance industry, which is excluded under Shariah screening. Companies operating in prohibited sectors such as conventional banking, insurance, alcohol, tobacco, and gambling are automatically excluded regardless of their financial ratios.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI Excluded — Mortgage Finance ✗ NOT HALAL
DJIM Excluded — Mortgage Finance ✗ NOT HALAL
MSCI Excluded — Mortgage Finance ✗ NOT HALAL
S&P Excluded — Mortgage Finance ✗ NOT HALAL
FTSE Excluded — Mortgage Finance ✗ NOT HALAL

Financial Highlights

P/E Ratio
1.7
Forward: 3.8
EPS
$21.46
P/B Ratio
0.5
EV/EBITDA
25.6
EV: $14.9B
Revenue
$1.2B
Growth: 29.0%
Beta
1.6
High volatility
Current Ratio
1.1

Profitability

Gross Margin 94.5%
Operating Margin 52.9%
Net Margin 17.8%
Return on Equity (ROE) 32.4%
Return on Assets (ROA) 2.2%

Cash Flow & Balance Sheet

Operating Cash Flow-$748M
Free Cash Flow-$1.1B
Total Debt$15.2B
Debt-to-Equity2169.3
Current Ratio1.1
Total Assets$16.2B

Price & Trading

Last Close$38.33
50-Day MA$42.94
200-Day MA$41.31
Avg Volume74K
Beta1.6
52-Week Range
$25.50
$54.10

About ONITY GROUP INC. (ONIT)

CEO
Mr. Glen A. Messina
Employees
4,300
Sector
Financial Services
Industry
Mortgage Finance
Country
United States
Exchange
NYSE
Market Cap
$320M
Currency
USD

Onity Group Inc., a financial services company, originates and services forward and reserve mortgage loans in the United States, the United States Virgin Islands, India, and the Philippines. The company operates through the Servicing and Originations segments. The company offers owned mortgage servicing rights and subservicing products; conventional, government-insured, and non-agency mortgage loans, as well as reverse mortgage and multi-family loans; and residential forward mortgage and small commercial mortgage loans. It also originates and purchases conventional and government-insured residential forward and reverse mortgage loans through its correspondent lending arrangements, broker relationships, and retail channels. In addition, the company engages in reinsurance business. The company offers its services under the PHH Mortgage and Liberty Reverse Mortgage brands. It serves financial institutions. The company was formerly known as Ocwen Financial Corporation and changed its name to Onity Group Inc. in June 2024. Onity Group Inc. was founded in 1988 and is headquartered in West Palm Beach, Florida.

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Frequently Asked Questions

Is ONITY GROUP INC. (ONIT) halal to invest in?

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

ONITY GROUP INC.'s debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.

What are ONITY GROUP INC.'s key financial metrics?

ONITY GROUP INC. has a market capitalization of $320M, trailing P/E ratio of 1.7, and revenue of $1.2B. The company maintains a gross margin of 94.5% and a net margin of 17.8%. Return on equity stands at 32.4%.

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.