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

Modine Manufacturing's (MOD) quarterly Gross Margin came in at 23.12% in Q4 2025, down 114.0% year-on-year from 165.13% in Q4 2024, and up 3.59% quarter-over-quarter from 22.32% in Q3 2025.

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

Modine Manufacturing has disclosed Gross Margin across 16 years of filings, most recently posting 23.12% for Q4 2025.

  • Gross Margin for Q4 2025 came in at 23.12%, down 114.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 23.74% (down 39.0% YoY), and the FY2025 annual result was 24.92%, up 309.0% from the prior year.
  • Gross Margin came in at 23.12% for Q4 2025 at Modine Manufacturing, up from 22.32% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 25.65% in Q1 2025 to a low of 13.84% in Q3 2021.
  • The 5-year median for Gross Margin is 21.16% (2023), against an average of 20.03%.
  • Across the five-year window, Gross Margin plunged 367 bps in 2021 and jumped 525 bps in 2023, its largest moves.
  • Modine Manufacturing's Gross Margin stood at 14.85% in 2021, then grew by 17 bps to 17.43% in 2022, then soared by 30 bps to 22.68% in 2023, then increased by 7 bps to 24.25% in 2024, then dropped by 5 bps to 23.12% in 2025.
  • The last three Gross Margin figures came in at 23.12% (Q4 2025), 22.32% (Q3 2025), and 24.22% (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 O Reilly Automotive 76.00 Bn 75.75 Bn 2.35 Bn 51.47%
2 Autozone 51.46 Bn 51.20 Bn 2.52 Bn 52.15%
3 Modine Manufacturing 15.07 Bn 14.98 Bn 186.10 Mn 23.12%
4 Borgwarner 14.88 Bn 15.05 Bn 677.00 Mn 19.16%
5 Genuine Parts 14.73 Bn 14.25 Bn 2.34 Bn 37.33%
6 Aptiv 13.96 Bn 10.89 Bn 920.00 Mn 18.09%
7 Aurora Innovation 11.93 Bn 10.71 Bn -5.00 Mn -500.00%
8 Magna International 10.79 Bn 9.60 Bn 1.42 Bn 13.71%
9 Allison Transmission Holdings 10.06 Bn 9.75 Bn 406.00 Mn 28.88%
10 Autoliv 9.12 Bn 8.77 Bn 526.00 Mn 19.11%

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%