Modine Manufacturing (MOD) Debt Ratio (2011 - 2026)
Modine Manufacturing's Debt Ratio was 0.16 in fiscal Q4 2026 (quarter ended Mar 31, 2026), down 10.8% from 0.18 a year earlier and down 34.2% from the prior quarter.
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Analysis
Modine Manufacturing (MOD) Debt Ratio (2011 - 2026) Analysis & Trends
From fiscal Q4 2011 onward, Modine Manufacturing has reported Debt Ratio for 61 quarters.
- In earlier fiscal years, Debt Ratio was 0.18 in FY2025 (-21.5%), 0.23 in FY2024 (+3.5%), 0.23 in FY2023 (-14.9%) and 0.26 in FY2022 (+1.0%).
- The fiscal Q4 2026 figure marks the lowest quarterly Debt Ratio since fiscal Q2 2016.
- Compared with a year earlier, Debt Ratio was higher in five of the last eight quarters, with growth averaging 1.4%.
- The best year-over-year quarter for Debt Ratio over five years was fiscal Q3 2026 (growth of 22.4%); the worst was fiscal Q3 2024 (a decline of 25.1%).
- Per Business Quant data, MOD's Debt Ratio in the three fiscal quarters before Q4 2026 was 0.25 (Q3 2026), 0.24 (Q2 2026) and 0.24 (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 102.11 Bn | 96.83 Bn | 2.26 Bn | 0.19 |
| 2 | Johnson Controls International | 90.23 Bn | 87.96 Bn | 2.47 Bn | 0.24 |
| 3 | Comfort Systems Usa | 50.45 Bn | 45.71 Bn | 844.23 Mn | 0.01 |
| 4 | Carrier Global | 46.24 Bn | 40.54 Bn | 1.94 Bn | 0.32 |
| 5 | Otis Worldwide | 27.53 Bn | 23.95 Bn | 1.14 Bn | 0.76 |
| 6 | James Hardie Industries | 15.32 Bn | 14.39 Bn | 548.70 Mn | 0.32 |
| 7 | Masco | 14.87 Bn | 12.72 Bn | 868.00 Mn | 0.60 |
| 8 | Carlisle Companies | 13.62 Bn | 9.96 Bn | 568.40 Mn | 0.46 |
| 9 | Allegion | 13.43 Bn | 12.15 Bn | 517.50 Mn | 0.38 |
| 10 | Modine Manufacturing | 8.05 Bn | 7.67 Bn | - | 0.16 |
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 |
API Access
Modine Manufacturing Debt 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=debt-ratio&ticker=MOD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-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=debt-ratio&ticker=MOD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();