Modine Manufacturing (MOD) Operating Expenses (2010 - 2025)
Modine Manufacturing (MOD) posted Operating Expenses of $96.8 million for Q4 2025, up 10.88% sequentially from $87.3 million in Q3 2025, and up 7.2% YoY from $90.3 million in Q4 2024.
Modine Manufacturing (MOD) Operating Expenses (2010 - 2025) Analysis & Trends
Modine Manufacturing has reported Operating Expenses for 16 years, with the latest figure at $96.8 million in Q4 2025.
- Quarterly Operating Expenses rose 7.2% year-over-year to $96.8 million in Q4 2025, while the trailing twelve-month figure through Mar 2026 was $273.8 million (down 24.01% YoY) and the FY2025 annual result came in at $360.3 million, up 24.71% from the prior year.
- Operating Expenses climbed to $96.8 million in Q4 2025 per MOD's latest filing, from $87.3 million in the prior quarter.
- Over five years, Operating Expenses peaked at $96.8 million in Q4 2025 and troughed at $52.4 million in Q4 2021.
- A 5-year average of $73.3 million and a median of $69.5 million in 2023 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2023 and 2024: Operating Expenses decreased 14.61% in 2023, then jumped 43.65% in 2024.
- Over 5 years, Operating Expenses stood at $52.4 million in 2021, then increased by 10.88% to $58.1 million in 2022, then advanced by 19.79% to $69.6 million in 2023, then grew by 29.74% to $90.3 million in 2024, then gained by 7.2% to $96.8 million in 2025.
- According to Business Quant data, Operating Expenses over the past three periods registered $96.8 million, $87.3 million, and $89.7 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | O Reilly Automotive | 73.54 Bn | 73.28 Bn | 2.52 Bn | 1.53 Bn |
| 2 | Autozone | 48.78 Bn | 48.52 Bn | 2.52 Bn | 341.91 Mn |
| 3 | Magna International | 19.33 Bn | 17.90 Bn | 1.61 Bn | 980.00 Mn |
| 4 | Genuine Parts | 18.26 Bn | 17.70 Bn | 2.47 Bn | 2.13 Bn |
| 5 | Borgwarner | 13.15 Bn | 10.70 Bn | 721.00 Mn | 352.00 Mn |
| 6 | Allison Transmission Holdings | 10.71 Bn | 10.31 Bn | 515.00 Mn | 224.00 Mn |
| 7 | Modine Manufacturing | 10.08 Bn | 10.00 Bn | - | - |
| 8 | Aptiv | 9.95 Bn | 9.19 Bn | 775.00 Mn | 2.91 Bn |
| 9 | Autoliv | 9.00 Bn | 8.63 Bn | 509.00 Mn | 260.00 Mn |
| 10 | Mobileye Global | 7.28 Bn | 5.97 Bn | 235.00 Mn | 265.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 93.10 Mn |
| Sep 30, 2025 | 85.30 Mn |
| Jun 30, 2025 | 85.20 Mn |
| Mar 31, 2025 | 67.20 Mn |
| Dec 31, 2024 | 90.30 Mn |
| Sep 30, 2024 | 89.00 Mn |
| Jun 30, 2024 | 88.20 Mn |
| Mar 31, 2024 | 76.90 Mn |
| Dec 31, 2023 | 69.60 Mn |
| Sep 30, 2023 | 69.40 Mn |
| Jun 30, 2023 | 61.40 Mn |
| Mar 31, 2023 | 61.00 Mn |
| Dec 31, 2022 | 58.00 Mn |
| Sep 30, 2022 | 58.80 Mn |
| Jun 30, 2022 | 56.40 Mn |
| Mar 31, 2022 | 72.60 Mn |
| Dec 31, 2021 | 52.40 Mn |
| Sep 30, 2021 | 52.50 Mn |
| Jun 30, 2021 | 59.70 Mn |
| Mar 31, 2021 | 64.00 Mn |