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| 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% |