Modine Manufacturing (MOD) Net Margin (2010 - 2025)
Modine Manufacturing (MOD) reported Net Margin of -5.89% for fiscal Q3 2026 (quarter ended Dec 31, 2025), down 12.54 percentage points from 6.65% a year earlier and down 11.90 percentage points from the prior quarter.
Modine Manufacturing (MOD) Net Margin (2010 - 2025) Analysis & Trends
Over the twelve months ended Dec 31, 2025, Modine Manufacturing's Net Margin came in at 3.40%, down 2.90 percentage points year-over-year; for FY2025 (ended Mar 31, 2025), it was 7.12%, up 0.41 percentage points from FY2024.
- Net Margin has increased for four consecutive fiscal years, with a five-year change of +7.23 percentage points (FY2020 to FY2025).
- By fiscal year, Net Margin came in at 6.71% in FY2024 (+0.04 pp), 6.66% in FY2023 (+2.51 pp), 4.16% in FY2022 (+15.81 pp) and -11.65% in FY2021 (-11.54 pp).
- The fiscal Q3 2026 figure ranks as the lowest quarterly Net Margin since fiscal Q3 2021.
- Year over year, Net Margin gained in two of the last eight quarters, with an average year-over-year change of -2.73 percentage points.
- The high point for year-over-year Net Margin in five years was fiscal Q3 2022 (a gain of 55.16 percentage points); the low point was fiscal Q3 2026 (a drop of 12.54 percentage points).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at 6.01% (Q2 2026), 7.50% (Q1 2026) and 7.66% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 101.44 Bn | 96.16 Bn | 2.26 Bn | 14.57% |
| 2 | Johnson Controls International | 89.33 Bn | 87.06 Bn | 2.47 Bn | 11.32% |
| 3 | Comfort Systems Usa | 49.69 Bn | 44.94 Bn | 844.23 Mn | 13.52% |
| 4 | Carrier Global | 45.93 Bn | 40.23 Bn | 1.94 Bn | 7.89% |
| 5 | Otis Worldwide | 27.50 Bn | 23.92 Bn | 1.14 Bn | 11.09% |
| 6 | James Hardie Industries | 15.31 Bn | 14.37 Bn | 548.70 Mn | 7.07% |
| 7 | Masco | 14.87 Bn | 12.73 Bn | 868.00 Mn | 15.96% |
| 8 | Carlisle Companies | 13.54 Bn | 9.88 Bn | 568.40 Mn | 16.25% |
| 9 | Allegion | 13.38 Bn | 12.09 Bn | 517.50 Mn | 16.03% |
| 10 | Modine Manufacturing | 7.87 Bn | 7.49 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | -5.89% |
| Sep 30, 2025 | 6.01% |
| Jun 30, 2025 | 7.50% |
| Mar 31, 2025 | 7.66% |
| Dec 31, 2024 | 6.65% |
| Sep 30, 2024 | 7.01% |
| Jun 30, 2024 | 7.15% |
| Mar 31, 2024 | 4.28% |
| Dec 31, 2023 | 7.91% |
| Sep 30, 2023 | 7.49% |
| Jun 30, 2023 | 7.20% |
| Mar 31, 2023 | 14.54% |
| Dec 31, 2022 | 4.38% |
| Sep 30, 2022 | 4.22% |
| Jun 30, 2022 | 2.64% |
| Mar 31, 2022 | 1.46% |
| Dec 31, 2021 | 14.76% |
| Sep 30, 2021 | 0.08% |
| Jun 30, 2021 | 0.47% |
| Mar 31, 2021 | -2.91% |
Modine Manufacturing Net Margin 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=net-margin&ticker=MOD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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=net-margin&ticker=MOD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();