Modine Manufacturing (MOD) Gross Margin (2010 - 2025)

Modine Manufacturing (MOD) posted Gross Margin of 23.12% for Q4 2025, up 3.59% sequentially from 22.32% in Q3 2025, and down 114.0% YoY from 165.13% in Q4 2024.

Modine Manufacturing (MOD) Gross Margin (2010 - 2025) Analysis & Trends

Modine Manufacturing (MOD) has 16 years of Gross Margin data on file, last reported at 23.12% in Q4 2025.

  • Quarterly Gross Margin fell 114.0% year-over-year to 23.12% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 23.74% (down 39.0% YoY) and the FY2025 annual result came in at 24.92%, up 309.0% from the prior year.
  • Gross Margin climbed to 23.12% in Q4 2025 per MOD's latest filing, from 22.32% in the prior quarter.
  • The five-year high for Gross Margin was 25.65% in Q1 2025, with the low at 13.84% in Q3 2021.
  • Average Gross Margin over 5 years is 20.03%, with a median of 21.16% recorded in 2023.
  • Year-over-year, Gross Margin slumped 367 bps in 2021 and surged 525 bps in 2023.
  • Modine Manufacturing's Gross Margin stood at 14.85% in 2021, then gained by 17 bps to 17.43% in 2022, then soared by 30 bps to 22.68% in 2023, then advanced by 7 bps to 24.25% in 2024, then retreated by 5 bps to 23.12% in 2025.
  • Business Quant data shows MOD's Gross Margin at 23.12% in Q4 2025, 22.32% in Q3 2025, and 24.22% in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Advance Auto Parts 65.13 Bn 62.01 Bn 869.00 Mn 44.04%
2 Autozone 53.07 Bn 52.82 Bn 2.52 Bn 52.15%
3 Magna International 17.54 Bn 16.29 Bn 1.42 Bn 13.71%
4 Genuine Parts 16.15 Bn 15.67 Bn 2.34 Bn 37.33%
5 Aurora Innovation 13.77 Bn 12.55 Bn -5.00 Mn -500.00%
6 Borgwarner 13.21 Bn 13.37 Bn 677.00 Mn 19.16%
7 Aptiv 12.84 Bn 9.76 Bn 920.00 Mn 18.09%
8 Autoliv 8.73 Bn 8.37 Bn 526.00 Mn 19.11%
9 Modine Manufacturing 8.68 Bn 8.59 Bn 186.10 Mn 23.12%
10 Mobileye Global 7.90 Bn 6.68 Bn 275.00 Mn 49.28%

Historic Data

Download Data
DateValue
Dec 31, 2025 23.12%
Sep 30, 2025 22.32%
Jun 30, 2025 24.22%
Mar 31, 2025 25.65%
Dec 31, 2024 24.25%
Sep 30, 2024 25.17%
Jun 30, 2024 24.58%
Mar 31, 2024 22.42%
Dec 31, 2023 22.68%
Sep 30, 2023 21.77%
Jun 30, 2023 20.55%
Mar 31, 2023 18.15%
Dec 31, 2022 17.43%
Sep 30, 2022 16.62%
Jun 30, 2022 15.42%
Mar 31, 2022 16.57%
Dec 31, 2021 14.85%
Sep 30, 2021 13.84%
Jun 30, 2021 14.80%
Mar 31, 2021 16.28%