Is Pattern Group Inc. (PTRN) Halal?

NASDAQ Technology United States $2.3B
✓ HALAL
Confidence: 95/100
Pattern Group Inc. (PTRN) is Halal under all 5 major Shariah screening standards. With a debt ratio of just 1.4% against the AAOIFI threshold of 30%, Pattern Group Inc. comfortably passes the key financial ratio tests. The company operates in the Technology sector (Software - Application), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 1.4%
/ 30%
8.2%
/ 30%
5.0%
/ 30%
0.34%
/ 5%
✓ HALAL
DJIM 1.4%
/ 33%
8.2%
/ 33%
5.0%
/ 33%
0.34%
/ 5%
✓ HALAL
MSCI 4.5%
/ 33%
26.4%
/ 33%
16.1%
/ 33%
0.34%
/ 5%
✓ HALAL
S&P 1.4%
/ 33%
8.2%
/ 33%
5.0%
/ 33%
0.34%
/ 5%
✓ HALAL
FTSE 4.5%
/ 33%
26.4%
/ 33%
16.1%
/ 50%
0.34%
/ 5%
✓ HALAL

Financial Highlights

EPS
$-1.36
P/B Ratio
3.5
EV/EBITDA
42.6
EV: $1.8B
Revenue
$2.5B
Growth: 40.3%
Current Ratio
2.3

Profitability

Gross Margin 43.6%
Operating Margin 3.6%
Net Margin 0.6%
Return on Equity (ROE) 3.4%
Return on Assets (ROA) 2.0%

Cash Flow & Balance Sheet

Operating Cash Flow$99M
Free Cash Flow$79M
Total Debt$31M
Debt-to-Equity5.3
Current Ratio2.3
Total Assets$948M

Price & Trading

Last Close$12.48
50-Day MA$12.11
200-Day MA$13.50
Avg Volume1.1M
52-Week Range
$8.92
$20.10

About Pattern Group Inc. (PTRN)

CEO
Mr. David Wright
Employees
2,300
Sector
Technology
Industry
Software - Application
Country
United States
Exchange
NASDAQ
Market Cap
$2.3B
Currency
USD

Pattern Group Inc. operates as an ecommerce accelerator that combines proprietary technology and on-demand expertise to support consumer brands operating across ecommerce marketplaces. It acquires inventory from brand partners to sell to consumers in various industries, including health and wellness, beauty and personal care, home and lifestyle, pet, sports and outdoors, and consumer electronics. The company was formerly known as Covalent Group, Inc. and changed its name to Pattern Group Inc. in November 2024. Pattern Group Inc. was incorporated in 2018 and is headquartered in Lehi, Utah.

Purification Calculator

As a halal stock with 0.34% impermissible income, you need to purify your dividends.

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Frequently Asked Questions

Is Pattern Group Inc. (PTRN) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Pattern Group 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 Pattern Group Inc.'s debt ratio?

Pattern Group Inc.'s debt ratio is 1.4% 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 4.5%.

Does Pattern Group Inc. require dividend purification?

Yes, Pattern Group Inc. has an impermissible income ratio of 0.34%, which means 0.34% 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 Pattern Group Inc.'s key financial metrics?

Pattern Group Inc. has a market capitalization of $2.3B, and revenue of $2.5B. The company maintains a gross margin of 43.6% and a net margin of 0.6%. Return on equity stands at 3.4%.

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.