Modine Manufacturing (MOD) Return on Equity [ROE] (2011 - 2025)
Modine Manufacturing (MOD) recorded Return on Equity [ROE] of 9.11% in fiscal Q3 2026 (quarter ended Dec 31, 2025), down 9.55 percentage points from 18.66% a year earlier and down 8.95 percentage points from the prior quarter.
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Analysis
Modine Manufacturing (MOD) Return on Equity [ROE] (2011 - 2025) Analysis & Trends
For FY2025 (ended Mar 31, 2025), Modine Manufacturing reported Return on Equity [ROE] of 22.17%, down 1.95 percentage points from FY2024.
- Annual Return on Equity [ROE] has a five-year change of +22.55 percentage points (FY2020 to FY2025).
- Across earlier fiscal years, Return on Equity [ROE] came in at 24.12% in FY2024 (-4.93 pp), 29.04% in FY2023 (+7.85 pp), 21.20% in FY2022 (+70.51 pp) and -49.31% in FY2021 (-48.92 pp).
- The fiscal Q3 2026 figure is the lowest quarterly Return on Equity [ROE] since fiscal Q2 2022.
- On a year-over-year basis, Return on Equity [ROE] has declined for eight consecutive quarters, with an average year-over-year change of -6.72 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Equity [ROE] in the last five years was a gain of 83.58 percentage points in fiscal Q2 2023, against a drop of 59.07 percentage points in fiscal Q4 2021 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 18.06% (Q2 2026), 19.56% (Q1 2026) and 20.83% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 99.46 Bn | 94.20 Bn | 2.26 Bn | 34.45% |
| 2 | Johnson Controls International | 90.06 Bn | 87.82 Bn | 2.47 Bn | 26.99% |
| 3 | Comfort Systems Usa | 58.26 Bn | 53.51 Bn | 844.23 Mn | 11.57% |
| 4 | Carrier Global | 45.22 Bn | 39.85 Bn | 1.94 Bn | 9.70% |
| 5 | Otis Worldwide | 24.48 Bn | 21.09 Bn | 1.14 Bn | - |
| 6 | James Hardie Industries | 14.69 Bn | 13.43 Bn | 548.70 Mn | 2.26% |
| 7 | Masco | 13.29 Bn | 11.40 Bn | 868.00 Mn | - |
| 8 | Allegion | 13.08 Bn | 11.79 Bn | 517.50 Mn | 31.21% |
| 9 | Carlisle Companies | 12.82 Bn | 9.17 Bn | 568.40 Mn | 44.31% |
| 10 | Modine Manufacturing | 9.87 Bn | 9.50 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 9.11% |
| Sep 30, 2025 | 18.06% |
| Jun 30, 2025 | 19.56% |
| Mar 31, 2025 | 20.83% |
| Dec 31, 2024 | 18.66% |
| Sep 30, 2024 | 19.88% |
| Jun 30, 2024 | 21.38% |
| Mar 31, 2024 | 21.92% |
| Dec 31, 2023 | 32.30% |
| Sep 30, 2023 | 31.43% |
| Jun 30, 2023 | 29.68% |
| Mar 31, 2023 | 27.90% |
| Dec 31, 2022 | 15.08% |
| Sep 30, 2022 | 27.07% |
| Jun 30, 2022 | 21.61% |
| Mar 31, 2022 | 19.27% |
| Dec 31, 2021 | 15.77% |
| Sep 30, 2021 | -56.51% |
| Jun 30, 2021 | -54.83% |
| Mar 31, 2021 | -59.46% |
API Access
Modine Manufacturing Return on Equity [ROE] 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=return-on-equity-%5Broe%5D&ticker=MOD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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=return-on-equity-%5Broe%5D&ticker=MOD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();