Modine Manufacturing (MOD) Interest Coverage Ratio (2010 - 2025)
Modine Manufacturing's Interest Coverage Ratio was 10.03 in fiscal Q3 2026 (quarter ended Dec 31, 2025), up 4.9% from 9.56 a year earlier and up 13.3% from the prior quarter.
Powered by 
Analysis
Modine Manufacturing (MOD) Interest Coverage Ratio (2010 - 2025) Analysis & Trends
On a trailing twelve-month basis, Modine Manufacturing's Interest Coverage Ratio was 11.06 through Dec 31, 2025, up 18.5% year-over-year; for FY2025 (ended Mar 31, 2025), it came in at 10.74, up 7.5% from FY2024.
- In earlier fiscal years, Interest Coverage Ratio was 9.99 in FY2024 (+37.5%), 7.27 in FY2023 (-4.9%), 7.64 in FY2022 and -5.04 in FY2021.
- Quarterly Interest Coverage Ratio has moved between -3.40 (fiscal Q4 2021) and 20.89 (fiscal Q3 2022) over five years.
- Compared with a year earlier, Interest Coverage Ratio was higher in three of the last eight quarters, with growth averaging 9.6%.
- The best year-over-year quarter for Interest Coverage Ratio over five years was fiscal Q1 2023 (growth of 201.4%); the worst was fiscal Q3 2023 (a decline of 68.0%).
- Per Business Quant data, MOD's Interest Coverage Ratio in the three fiscal quarters before Q3 2026 was 8.86 (Q2 2026), 13.05 (Q1 2026) and 14.06 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 102.75 Bn | 97.47 Bn | 2.26 Bn | 23.06 |
| 2 | Johnson Controls International | 90.01 Bn | 87.74 Bn | 2.47 Bn | - |
| 3 | Comfort Systems Usa | 51.61 Bn | 46.86 Bn | 844.23 Mn | 388.29 |
| 4 | Carrier Global | 45.80 Bn | 40.11 Bn | 1.94 Bn | - |
| 5 | Otis Worldwide | 27.26 Bn | 23.68 Bn | 1.14 Bn | - |
| 6 | James Hardie Industries | 14.86 Bn | 13.93 Bn | 548.70 Mn | 3.54 |
| 7 | Masco | 14.53 Bn | 12.38 Bn | 868.00 Mn | 16.79 |
| 8 | Allegion | 13.32 Bn | 12.03 Bn | 517.50 Mn | 10.27 |
| 9 | Carlisle Companies | 13.28 Bn | 9.63 Bn | 568.40 Mn | 12.86 |
| 10 | Modine Manufacturing | 7.92 Bn | 7.54 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 10.03 |
| Sep 30, 2025 | 8.86 |
| Jun 30, 2025 | 13.05 |
| Mar 31, 2025 | 14.06 |
| Dec 31, 2024 | 9.56 |
| Sep 30, 2024 | 10.18 |
| Jun 30, 2024 | 9.92 |
| Mar 31, 2024 | 7.43 |
| Dec 31, 2023 | 10.64 |
| Sep 30, 2023 | 10.77 |
| Jun 30, 2023 | 11.27 |
| Mar 31, 2023 | 8.08 |
| Dec 31, 2022 | 6.69 |
| Sep 30, 2022 | 7.83 |
| Jun 30, 2022 | 6.24 |
| Mar 31, 2022 | 5.42 |
| Dec 31, 2021 | 20.89 |
| Sep 30, 2021 | 2.76 |
| Jun 30, 2021 | 2.07 |
| Mar 31, 2021 | -3.40 |
API Access
Modine Manufacturing Interest Coverage 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=interest-coverage-ratio&ticker=MOD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-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=interest-coverage-ratio&ticker=MOD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();