Modine Manufacturing (MOD) Interest Expenses (2010 - 2025)
Modine Manufacturing's Interest Expenses came in at $8.9 million for fiscal Q3 2026 (quarter ended Dec 31, 2025), up 43.5% from $6.2 million a year earlier and up 7.2% from the prior quarter.
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Analysis
Modine Manufacturing (MOD) Interest Expenses (2010 - 2025) Analysis & Trends
Over the trailing twelve months to Dec 31, 2025, Modine Manufacturing reported Interest Expenses of $28.3 million, up 3.3% year-over-year; for FY2025 (ended Mar 31, 2025), it was $26.4 million, up 9.5% from FY2024.
- Interest Expenses has increased in each of the last three fiscal years, with a five-year compound annual growth rate of 3.1% (FY2020 to FY2025).
- Going back by fiscal year, Interest Expenses was $24.1 million in FY2024 (+16.4%), $20.7 million in FY2023 (+32.7%), $15.6 million in FY2022 (-19.6%) and $19.4 million in FY2021 (-14.5%).
- The fiscal Q3 2026 figure represents the highest quarterly Interest Expenses since fiscal Q2 2011.
- Year-over-year, Interest Expenses increased in six of the last eight quarters, with growth averaging 9.7%.
- The fastest year-over-year change in Interest Expenses over five years came in fiscal Q4 2023 (growth of 57.9%), and the weakest in fiscal Q2 2022 (a decline of 26.9%).
- Business Quant data shows MOD's Interest Expenses at $8.3 million (Q2 2026), $5.8 million (Q1 2026) and $5.3 million (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 101.75 Bn | 96.47 Bn | 2.26 Bn | 53.10 Mn |
| 2 | Johnson Controls International | 89.95 Bn | 87.68 Bn | 2.47 Bn | - |
| 3 | Comfort Systems Usa | 49.11 Bn | 44.36 Bn | 844.23 Mn | 1.44 Mn |
| 4 | Carrier Global | 46.32 Bn | 40.63 Bn | 1.94 Bn | - |
| 5 | Otis Worldwide | 27.55 Bn | 23.97 Bn | 1.14 Bn | - |
| 6 | James Hardie Industries | 15.31 Bn | 14.38 Bn | 548.70 Mn | 61.50 Mn |
| 7 | Masco | 14.85 Bn | 12.71 Bn | 868.00 Mn | 28.00 Mn |
| 8 | Carlisle Companies | 13.55 Bn | 9.90 Bn | 568.40 Mn | 27.40 Mn |
| 9 | Allegion | 13.38 Bn | 12.09 Bn | 517.50 Mn | 24.80 Mn |
| 10 | Modine Manufacturing | 7.86 Bn | 7.48 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 8.90 Mn |
| Sep 30, 2025 | 8.30 Mn |
| Jun 30, 2025 | 5.80 Mn |
| Mar 31, 2025 | 5.30 Mn |
| Dec 31, 2024 | 6.20 Mn |
| Sep 30, 2024 | 7.40 Mn |
| Jun 30, 2024 | 7.50 Mn |
| Mar 31, 2024 | 6.30 Mn |
| Dec 31, 2023 | 5.80 Mn |
| Sep 30, 2023 | 6.10 Mn |
| Jun 30, 2023 | 5.90 Mn |
| Mar 31, 2023 | 6.00 Mn |
| Dec 31, 2022 | 5.90 Mn |
| Sep 30, 2022 | 4.70 Mn |
| Jun 30, 2022 | 4.10 Mn |
| Mar 31, 2022 | 3.80 Mn |
| Dec 31, 2021 | 3.80 Mn |
| Sep 30, 2021 | 3.80 Mn |
| Jun 30, 2021 | 4.20 Mn |
| Mar 31, 2021 | 4.20 Mn |
API Access
Modine Manufacturing Interest Expenses 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-expenses&ticker=MOD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "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-expenses&ticker=MOD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();