MOD vs LII vs SPXC Stock Comparison

Modine Manufacturing, Lennox International and SPX Technologies Prices as of Nov 4, 2026 Peers: Industry group
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Head to Head

11 decided of 12

Lennox International leads on 6 of the 12 questions below (Lennox International 6, Modine Manufacturing 4, SPX Technologies 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionMODLIISPXCLeader
Larger companyMarket capitalisation $5.24B $12.28B $7.68B LII
Cheaper on earningsLower P/E, profitable companies only 36.4x 16.5x 25.8x LII
Cheaper on forward earningsLower price / next fiscal year consensus EPS 14.6x 15.8x 17.9x MOD
Faster revenue growthRevenue growth, trailing twelve months +29.5% +1.9% +20.2% MOD
More profitableNet margin, trailing twelve months 4.3% 13.8% 11.5% LII
Better return on capitalReturn on invested capital 15.6% 27.6% 9.7% LII
Less leveragedLower net debt / EBITDA 1.0x 1.4x 2.2x MOD
Higher dividend yieldTrailing dividend yield 0.00% 1.48% 0.00% –
Better 1-year returnPrice return, last 12 months -32.6% -27.1% -28.2% LII
Better 5-year returnAnnualised price return, 5 years +54.5%/yr +3.5%/yr +18.3%/yr MOD
Less volatileAnnualised volatility, 1 year 76.4% 43.0% 40.5% SPXC
Higher overall scoreMean of the five percentile scores vs peers 47/100 66/100 62/100 LII

Percentile Scorecard

MODLIISPXC

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisMODLIISPXC
Valuation 41 #34 of 57 68 #19 of 57 36 #37 of 57
Growth 66 #19 of 54 49 #28 of 54 100 #1 of 54
Profitability 58 #23 of 53 98 #2 of 53 64 #20 of 53
Financial Health 55 #27 of 59 36 #38 of 59 50 #30 of 59
Shareholder Returns 17 #35 of 42 81 #9 of 42 –
Overall 47 66 62
  • MOD ranked among 59 companies in Construction Products
  • LII ranked among 59 companies in Construction Products
  • SPXC ranked among 59 companies in Construction Products

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodMODLIISPXCSPY
1 month -46.1%-0.6%-13.3% -1.0%
3 months -49.4%-19.7%-28.7% -0.4%
6 months -64.1%-33.7%-27.9% +4.5%
Year to date -26.2%-26.1%-23.3% +12.4%
1 year -32.6%-27.1%-28.2% +13.6%
3 years +133.9%-7.3%+85.9% +76.4%
3 years, per year +32.8%-2.5%+23.0% +20.8%
5 years +777.7%+18.8%+131.4% +63.7%
5 years, per year +54.5%+3.5%+18.3% +10.4%
10 years +959.9%+148.2%+748.9% +267.7%
10 years, per year +26.6%+9.5%+23.9% +13.9%

Risk

MeasureMODLIISPXCSPY
Volatility, 1Y 76.4%43.0%40.5% 12.8%
Downside volatility, 1Y 85.1%48.6%43.3% 12.7%
Beta vs S&P 500, 1Y 2.871.311.68 1.00
Return / volatility, 1Y -0.43-0.63-0.69 1.06
Max drawdown, 5Y -67.9%-51.0%-38.3% -25.4%
From 52-week high -67.9%-37.4%-37.8% -1.6%
52-week high $306.89$572.95$246.41 $779.14
52-week low $98.57$332.41$153.39 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleMODLIISPXC
P/E now vs peer median 36.4xmedian 22.2x 16.5xmedian 22.2x 25.8xmedian 22.2x
P/S now vs peer median 1.6xmedian 1.7x 2.3xmedian 1.7x 3.0xmedian 1.7x
EV/EBITDA now vs peer median 13.4xmedian 13.9x 12.0xmedian 13.9x 15.9xmedian 13.9x
P/FCF now vs peer median 52.2xmedian 18.0x 14.7xmedian 18.0x 33.7xmedian 18.0x
P/B now vs peer median 4.3xmedian 2.8x 9.3xmedian 2.8x 3.1xmedian 2.8x
PEG now vs peer median -4.38median 1.06 1.28median 1.06 0.24median 1.06

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsMODLIISPXC
Revenue $3.37B $5.45B $2.60B
Gross profit $747.70M $1.78B $1.04B
Operating income $341.50M $1.03B $418.10M
Net income $145.90M $749.90M $298.10M
Free cash flow $100.20M $835.70M $228.00M
EPS (diluted) $2.67 $21.74 $5.89
Cash & equivalents $95.30M $43.30M $119.20M
Total debt $528.20M $1.62B $1.33B
Shares (diluted) 54.00M 34.50M 50.65M
Enterprise value $4.89B $12.09B $6.88B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricMODLIISPXC
P/E 36.4x 16.5x 25.8x
P/FCF 52.2x 14.7x 33.7x
P/Operating cash flow 20.0x 12.4x 20.4x
P/S 1.6x 2.3x 3.0x
P/B 4.3x 9.3x 3.1x
P/Tangible book 5.1x 12.5x 8.2x
EV/EBITDA 13.4x 12.0x 15.9x
EV/EBIT 16.6x 13.5x 21.3x
EV/Revenue 1.7x 2.5x 3.4x
EV/FCF 56.6x 16.6x 39.0x
EV/Operating cash flow 21.6x 14.0x 23.7x
PEG (3Y EPS CAGR) -4.38 1.28 0.24

Growth

14 metrics
MetricMODLIISPXC
Revenue growth (1Y) 29.5% 1.9% 20.2%
Revenue CAGR (3Y) 12.3% 3.4% 15.2%
Gross profit growth (1Y) 15.6% -1.6% 17.4%
Gross profit CAGR (3Y) 19.9% 6.3% 17.2%
Operating income growth (1Y) 19.9% -6.4% 22.8%
Operating income CAGR (3Y) 21.3% 11.7% 46.2%
Net income growth (1Y) -23.0% -13.3% 33.6%
Net income CAGR (3Y) -7.5% 11.6% 112.4%
EPS growth (1Y) -23.7% -11.6% 29.0%
EPS CAGR (3Y) -8.3% 12.8% 106.8%
Operating cash flow growth (1Y) 30.9% 44.6% 22.7%
Operating cash flow CAGR (3Y) 24.9% 20.7% 58.9%
Free cash flow growth (1Y) -13.5% 56.4% -16.5%
Free cash flow CAGR (3Y) 8.1% 27.5% 47.3%

Profitability

14 metrics
MetricMODLIISPXC
Gross margin 22.2% 32.6% 39.9%
EBITDA margin 12.5% 21.2% 21.5%
Operating margin 10.1% 18.8% 16.1%
Pretax margin 5.6% 17.6% 15.0%
Net margin 4.3% 13.8% 11.5%
FCF margin 3.0% 15.3% 8.8%
Operating cash flow margin 7.8% 18.2% 14.5%
Return on equity 12.1% 57.4% 12.4%
Return on assets 5.3% 16.2% 6.8%
Return on invested capital 15.6% 27.6% 9.7%
Return on capital employed 17.2% 36.9% 11.1%
Asset turnover 1.2x 1.2x 0.6x
Cash conversion (OCF / net income) 1.8x 1.3x 1.3x
Stock comp / revenue 0.7% 0.4% 0.7%

Financial Health

11 metrics
MetricMODLIISPXC
Debt / assets 18.9% 34.6% 27.5%
Debt / equity 0.4x 1.2x 0.5x
Net debt / EBITDA 1.0x 1.4x 2.2x
Debt / FCF 5.3x 1.9x 5.9x
Liabilities / assets 56.7% 71.9% 49.6%
Equity / assets 43.3% 28.1% 50.4%
Interest coverage 10.6x 16.2x 11.5x
Current ratio 2.0x 1.2x 1.8x
Quick ratio 1.0x 0.5x 1.1x
Cash ratio 0.1x 0.0x 0.2x
Altman Z-score 4.44 5.77 3.07

Shareholder Returns

7 metrics
MetricMODLIISPXC
Dividend yield – 1.5% –
Net buyback yield 1.3% 3.6% –
Shareholder yield 1.3% 5.1% 0.0%
Payout ratio (earnings) – 24.4% –
Payout ratio (FCF) – 21.9% –
Dividend growth (1Y) – 8.7% –
Dividend CAGR (3Y) – 6.1% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusMODLIISPXC
Forward P/E 14.6xFY2026 15.8xFY2026 17.9xFY2026
EPS, next fiscal year $6.76FY2026 $22.65FY2026 $8.57FY2026
EPS growth, next FY +46.3%FY2026 -2.2%FY2026 +26.8%FY2026
EPS growth, the year after +52.2% +7.9% +20.1%
Revenue, next fiscal year $4.20BFY2026 $5.75BFY2026 $2.64BFY2026
Revenue growth, next FY +32.2%FY2026 +10.5%FY2026 +16.4%FY2026
Revenue growth, the year after +16.6% +7.7% +14.6%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersMODLIISPXC
Held by institutions 98.5% 77.3% 93.8%
Institutions holding 637 658 512
Change in shares held, QoQ -4.8% +1.8% +10.8%
Institutions buying 348 318 277
Institutions selling 226 236 162
Buyers to sellers 1.54 1.35 1.71

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

MODLIISPXC
MOD 1.00 0.30 0.64
LII 0.30 1.00 0.40
SPXC 0.64 0.40 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, MOD, LII and SPXC?

Lennox International (LII) is the largest by market capitalisation: Modine Manufacturing (MOD) $5.24B, Lennox International (LII) $12.28B, SPX Technologies (SPXC) $7.68B.

Which stock is cheaper, MOD, LII and SPXC?

Lennox International (LII) trades on the lowest price-to-earnings ratio (Modine Manufacturing (MOD) 36.4x, Lennox International (LII) 16.5x, SPX Technologies (SPXC) 25.8x). On next year's consensus earnings, Modine Manufacturing (MOD) is cheapest (Modine Manufacturing (MOD) 14.6x, Lennox International (LII) 15.8x, SPX Technologies (SPXC) 17.9x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Modine Manufacturing (MOD) grew revenue fastest over the trailing twelve months: Modine Manufacturing (MOD) +29.5%, Lennox International (LII) +1.9%, SPX Technologies (SPXC) +20.2%.

Which company is more profitable?

Lennox International (LII) has the highest net margin (Modine Manufacturing (MOD) 4.3%, Lennox International (LII) 13.8%, SPX Technologies (SPXC) 11.5%). On return on invested capital, Lennox International (LII) leads (Modine Manufacturing (MOD) 15.6%, Lennox International (LII) 27.6%, SPX Technologies (SPXC) 9.7%).

Which stock has performed better?

Over the past year Lennox International (LII) returned the most: Modine Manufacturing (MOD) -32.6%, Lennox International (LII) -27.1%, SPX Technologies (SPXC) -28.2%. Over five years, Modine Manufacturing (MOD) compounded fastest (Modine Manufacturing (MOD) +54.5%/yr, Lennox International (LII) +3.5%/yr, SPX Technologies (SPXC) +18.3%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Modine Manufacturing (MOD) 0.00%, Lennox International (LII) 1.48%, SPX Technologies (SPXC) 0.00%. Modine Manufacturing (MOD) and SPX Technologies (SPXC) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, SPX Technologies (SPXC) has been the steadiest (Modine Manufacturing (MOD) 76.4%, Lennox International (LII) 43.0%, SPX Technologies (SPXC) 40.5%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, MOD, LII and SPXC?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Lennox International (LII) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.