Modine Manufacturing (MOD) Change in Receivables (2014 - 2025)
Modine Manufacturing (MOD) reported Change in Receivables of $8.2 million for fiscal Q3 2026 (quarter ended Dec 31, 2025), compared with -$13.9 million a year earlier and down 78.2% from the prior quarter.
Modine Manufacturing (MOD) Change in Receivables (2014 - 2025) Analysis & Trends
Over the twelve months ended Dec 31, 2025, Modine Manufacturing's Change in Receivables came in at $106 million, up 126.5% year-over-year; for FY2025 (ended Mar 31, 2025), it was $61.2 million, up 637.3% from FY2024.
- By fiscal year, Change in Receivables came in at $8.3 million in FY2024 (-79.6%), $40.7 million in FY2023 (-26.8%), $55.6 million in FY2022 (+225.1%) and $17.1 million in FY2021.
- Five-year quarterly Change in Receivables spans a low of -$20.2 million in fiscal Q3 2024 and a high of $61.4 million in fiscal Q4 2022.
- Year over year, Change in Receivables gained in three of the last five quarters, with growth averaging 190.9%.
- The high point for year-over-year Change in Receivables in five years was fiscal Q1 2025 (growth of 570.4%); the low point was fiscal Q1 2026 (a decline of 41.4%).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at $37.6 million (Q2 2026), $10.6 million (Q1 2026) and $49.6 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 102.13 Bn | 96.85 Bn | 2.26 Bn | - |
| 2 | Johnson Controls International | 89.85 Bn | 87.58 Bn | 2.47 Bn | 368.00 Mn |
| 3 | Comfort Systems Usa | 49.83 Bn | 45.09 Bn | 844.23 Mn | 418.40 Mn |
| 4 | Carrier Global | 46.21 Bn | 40.52 Bn | 1.94 Bn | 142.00 Mn |
| 5 | Otis Worldwide | 27.61 Bn | 24.03 Bn | 1.14 Bn | 71.00 Mn |
| 6 | James Hardie Industries | 15.38 Bn | 14.45 Bn | 548.70 Mn | -56.00 Mn |
| 7 | Masco | 14.94 Bn | 12.79 Bn | 868.00 Mn | 19.00 Mn |
| 8 | Carlisle Companies | 13.61 Bn | 9.95 Bn | 568.40 Mn | 265.40 Mn |
| 9 | Allegion | 13.43 Bn | 12.14 Bn | 517.50 Mn | - |
| 10 | Modine Manufacturing | 8.00 Bn | 7.62 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 8.20 Mn |
| Sep 30, 2025 | 37.60 Mn |
| Jun 30, 2025 | 10.60 Mn |
| Mar 31, 2025 | 49.60 Mn |
| Dec 31, 2024 | -13.90 Mn |
| Sep 30, 2024 | 7.40 Mn |
| Jun 30, 2024 | 18.10 Mn |
| Mar 31, 2024 | 35.20 Mn |
| Dec 31, 2023 | -20.20 Mn |
| Sep 30, 2023 | -9.40 Mn |
| Jun 30, 2023 | 2.70 Mn |
| Mar 31, 2023 | 46.10 Mn |
| Dec 31, 2022 | -5.20 Mn |
| Sep 30, 2022 | 500,000.00 |
| Jun 30, 2022 | -700,000.00 |
| Mar 31, 2022 | 61.40 Mn |
| Dec 31, 2021 | 6.70 Mn |
| Sep 30, 2021 | -17.40 Mn |
| Jun 30, 2021 | 4.90 Mn |
| Mar 31, 2021 | 41.60 Mn |
Modine Manufacturing Change in Receivables 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=change-in-receivables&ticker=MOD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-receivables", "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=change-in-receivables&ticker=MOD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();