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 has reported Gross Margin for 16 years, with the latest figure 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.
- Over five years, Gross Margin peaked at 25.65% in Q1 2025 and troughed at 13.84% in Q3 2021.
- A 5-year average of 20.03% and a median of 21.16% in 2023 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2021 and 2023: Gross Margin plunged 367 bps in 2021, then soared 525 bps in 2023.
- Over 5 years, Gross Margin stood at 14.85% in 2021, then rose by 17 bps to 17.43% in 2022, then surged by 30 bps to 22.68% in 2023, then gained by 7 bps to 24.25% in 2024, then fell by 5 bps to 23.12% in 2025.
- According to Business Quant data, Gross Margin over the past three periods registered 23.12%, 22.32%, and 24.22% for Q4 2025, Q3 2025, and Q2 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | O Reilly Automotive | 73.54 Bn | 73.28 Bn | 2.52 Bn | 51.45% |
| 2 | Autozone | 48.78 Bn | 48.52 Bn | 2.52 Bn | 52.15% |
| 3 | Magna International | 19.33 Bn | 17.90 Bn | 1.61 Bn | 14.68% |
| 4 | Genuine Parts | 18.26 Bn | 17.70 Bn | 2.47 Bn | 37.80% |
| 5 | Borgwarner | 13.15 Bn | 10.70 Bn | 721.00 Mn | 19.76% |
| 6 | Allison Transmission Holdings | 10.71 Bn | 10.31 Bn | 515.00 Mn | 32.89% |
| 7 | Modine Manufacturing | 10.08 Bn | 10.00 Bn | - | - |
| 8 | Aptiv | 9.95 Bn | 9.19 Bn | 775.00 Mn | 23.67% |
| 9 | Autoliv | 9.00 Bn | 8.63 Bn | 509.00 Mn | 18.16% |
| 10 | Mobileye Global | 7.28 Bn | 5.97 Bn | 235.00 Mn | 46.26% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |