Modine Manufacturing (MOD) Debt Ratio (2011 - 2026)
Modine Manufacturing's (MOD) quarterly Debt Ratio came in at 0.16 in Q1 2026, down 10.83% year-over-year from 0.18 in Q1 2025, and down 34.23% quarter-over-quarter from 0.25 in Q4 2025.
Analysis
Modine Manufacturing (MOD) Debt Ratio (2011 - 2026) Analysis & Trends
Modine Manufacturing has disclosed Debt Ratio across 16 years of filings, most recently posting 0.16 for Q1 2026.
- In Q1 2026, Debt Ratio fell 10.83% year-over-year to 0.16; the TTM figure through Mar 2026 stood at 0.16 (down 10.83% YoY), while the FY2026 annual figure was 0.16, down 10.83% from the prior year.
- Debt Ratio came in at 0.16 for Q1 2026 at Modine Manufacturing, down from 0.25 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.27 in Q2 2022 to a low of 0.16 in Q1 2026.
- Average Debt Ratio over 5 years is 0.23, with a median of 0.23 recorded in 2024.
- Year-over-year, Debt Ratio retreated 25.1% in 2023 and rose 22.39% in 2025.
- Over 5 years, Debt Ratio stood at 0.27 in 2022, then declined by 25.1% to 0.2 in 2023, then grew by 0.43% to 0.2 in 2024, then climbed by 22.39% to 0.25 in 2025, then slumped by 34.23% to 0.16 in 2026.
- Per Business Quant data, the three most recent Debt Ratio figures were 0.16 in Q1 2026, 0.25 in Q4 2025, and 0.24 in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 98.54 Bn | 97.25 Bn | 2.26 Bn | 0.19 |
| 2 | Johnson Controls International | 87.78 Bn | 87.18 Bn | 2.47 Bn | 0.26 |
| 3 | Comfort Systems Usa | 56.67 Bn | 54.82 Bn | 844.23 Mn | 0.01 |
| 4 | Carrier Global | 49.23 Bn | 48.21 Bn | 1.94 Bn | 0.32 |
| 5 | Lennox International | 13.50 Bn | 13.44 Bn | 539.50 Mn | 0.35 |
| 6 | Modine Manufacturing | 10.26 Bn | 10.20 Bn | - | 0.16 |
| 7 | SPX Technologies | 9.84 Bn | 9.67 Bn | 272.80 Mn | 0.17 |
| 8 | Smith A O | 8.22 Bn | 8.04 Bn | 387.80 Mn | 0.17 |
| 9 | Aaon | 6.55 Bn | 6.55 Bn | 152.49 Mn | 0.23 |
| 10 | Legence | 5.72 Bn | 5.81 Bn | 220.23 Mn | 0.28 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 0.16 |
| Dec 31, 2025 | 0.25 |
| Sep 30, 2025 | 0.24 |
| Jun 30, 2025 | 0.24 |
| Mar 31, 2025 | 0.18 |
| Dec 31, 2024 | 0.20 |
| Sep 30, 2024 | 0.21 |
| Jun 30, 2024 | 0.23 |
| Mar 31, 2024 | 0.23 |
| Dec 31, 2023 | 0.20 |
| Sep 30, 2023 | 0.21 |
| Jun 30, 2023 | 0.22 |
| Mar 31, 2023 | 0.23 |
| Dec 31, 2022 | 0.27 |
| Sep 30, 2022 | 0.27 |
| Jun 30, 2022 | 0.27 |
| Mar 31, 2022 | 0.26 |
| Dec 31, 2021 | 0.28 |
| Sep 30, 2021 | 0.29 |
| Jun 30, 2021 | 0.28 |