Modine Manufacturing (MOD) Asset Utilization Ratio (2011 - 2025)
Modine Manufacturing's Asset Utilization Ratio was 1.18 in fiscal Q3 2026 (quarter ended Dec 31, 2025), down 13.0% from 1.36 a year earlier but up 1.4% from the prior quarter.
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Analysis
Modine Manufacturing (MOD) Asset Utilization Ratio (2011 - 2025) Analysis & Trends
For FY2025 (ended Mar 31, 2025), Asset Utilization Ratio at Modine Manufacturing came in at 1.37, down 2.7% from FY2024.
- In earlier fiscal years, Asset Utilization Ratio was 1.41 in FY2024 (-8.2%), 1.54 in FY2023 (+1.3%), 1.52 in FY2022 (+17.9%) and 1.29 in FY2021 (unchanged).
- Quarterly Asset Utilization Ratio has moved between 1.16 (fiscal Q2 2026) and 1.59 (fiscal Q3 2023) over five years.
- Compared with a year earlier, Asset Utilization Ratio has declined for three straight quarters, with an average decline of 9.0% over the last eight quarters.
- The best year-over-year quarter for Asset Utilization Ratio over five years was fiscal Q2 2022 (growth of 28.4%); the worst was fiscal Q3 2026 (a decline of 13.0%).
- Per Business Quant data, MOD's Asset Utilization Ratio in the three fiscal quarters before Q3 2026 was 1.16 (Q2 2026), 1.26 (Q1 2026) and 1.38 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 101.69 Bn | 96.41 Bn | 2.26 Bn | 0.95 |
| 2 | Johnson Controls International | 89.32 Bn | 87.05 Bn | 2.47 Bn | 0.65 |
| 3 | Comfort Systems Usa | 49.79 Bn | 45.04 Bn | 844.23 Mn | 0.51 |
| 4 | Carrier Global | 45.96 Bn | 40.27 Bn | 1.94 Bn | 0.59 |
| 5 | Otis Worldwide | 27.49 Bn | 23.91 Bn | 1.14 Bn | 1.37 |
| 6 | James Hardie Industries | 15.31 Bn | 14.38 Bn | 548.70 Mn | 0.40 |
| 7 | Masco | 14.91 Bn | 12.76 Bn | 868.00 Mn | 1.43 |
| 8 | Carlisle Companies | 13.56 Bn | 9.90 Bn | 568.40 Mn | 0.83 |
| 9 | Allegion | 13.38 Bn | 12.09 Bn | 517.50 Mn | 0.80 |
| 10 | Modine Manufacturing | 7.90 Bn | 7.52 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 1.18 |
| Sep 30, 2025 | 1.16 |
| Jun 30, 2025 | 1.26 |
| Mar 31, 2025 | 1.38 |
| Dec 31, 2024 | 1.36 |
| Sep 30, 2024 | 1.31 |
| Jun 30, 2024 | 1.32 |
| Mar 31, 2024 | 1.37 |
| Dec 31, 2023 | 1.49 |
| Sep 30, 2023 | 1.51 |
| Jun 30, 2023 | 1.50 |
| Mar 31, 2023 | 1.53 |
| Dec 31, 2022 | 1.59 |
| Sep 30, 2022 | 1.56 |
| Jun 30, 2022 | 1.47 |
| Mar 31, 2022 | 1.46 |
| Dec 31, 2021 | 1.47 |
| Sep 30, 2021 | 1.49 |
| Jun 30, 2021 | 1.50 |
| Mar 31, 2021 | 1.40 |
API Access
Modine Manufacturing Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=MOD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "MOD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=MOD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();