Modine Manufacturing MOD
NYSE MOD
$186.01 -6.35 (-3.30%)
As of: Sep 9, 2026 · 3:59 PM EDT

Modine Manufacturing (MOD) Tax Rate (2010 - 2025)

Modine Manufacturing's (MOD) quarterly Tax Rate came in at 21.56% in Q4 2025, down 4554.0% year-over-year from 0.48% in Q4 2024, and down 172.66% quarter-over-quarter from 29.67% in Q3 2025.

Analysis

Modine Manufacturing (MOD) Tax Rate (2010 - 2025) Analysis & Trends

Modine Manufacturing has disclosed Tax Rate across 16 years of filings, most recently posting 21.56% for Q4 2025.

  • In Q4 2025, Tax Rate fell 4554.0% year-over-year to 21.56%; the TTM figure through Dec 2025 stood at 36.72% (up 795.0% YoY), while the FY2025 annual figure was 26.97%, up 311.0% from the prior year.
  • Tax Rate came in at 21.56% for Q4 2025 at Modine Manufacturing, down from 29.67% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 90.0% in Q3 2021 to a low of 113.98% in Q1 2023.
  • Average Tax Rate over 5 years is 20.67%, with a median of 25.26% recorded in 2025.
  • Year-over-year, Tax Rate plunged 17778 bps in 2023 and jumped 14791 bps in 2024.
  • Over 5 years, Tax Rate stood at 0.13% in 2021, then soared by 18974 bps to 25.6% in 2022, then decreased by 27 bps to 18.59% in 2023, then increased by 29 bps to 23.99% in 2024, then sank by 190 bps to 21.56% in 2025.
  • Per Business Quant data, the three most recent Tax Rate figures were 21.56% in Q4 2025, 29.67% in Q3 2025, and 21.31% in Q2 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Trane Technologies 98.27 Bn 96.95 Bn 2.26 Bn 18.76%
2 Johnson Controls International 87.97 Bn 87.32 Bn 2.47 Bn 17.99%
3 Comfort Systems Usa 56.85 Bn 55.00 Bn 844.23 Mn 22.01%
4 Carrier Global 47.99 Bn 46.64 Bn 1.94 Bn 24.97%
5 Lennox International 13.02 Bn 12.97 Bn 539.50 Mn 20.79%
6 Modine Manufacturing 9.82 Bn 9.75 Bn - -
7 SPX Technologies 9.64 Bn 9.48 Bn 272.80 Mn 22.41%
8 Smith A O 7.92 Bn 7.74 Bn 387.80 Mn 20.95%
9 Aaon 6.32 Bn 6.32 Bn 152.49 Mn 9.85%
10 Csw Industrials 4.90 Bn 4.87 Bn - -
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2025 -21.56%
Sep 30, 2025 29.67%
Jun 30, 2025 21.31%
Mar 31, 2025 25.00%
Dec 31, 2024 23.99%
Sep 30, 2024 30.12%
Jun 30, 2024 28.23%
Mar 31, 2024 33.92%
Dec 31, 2023 18.59%
Sep 30, 2023 21.44%
Jun 30, 2023 24.50%
Mar 31, 2023 -113.98%
Dec 31, 2022 25.60%
Sep 30, 2022 20.85%
Jun 30, 2022 25.52%
Mar 31, 2022 63.80%
Dec 31, 2021 0.13%
Sep 30, 2021 90.00%
Jun 30, 2021 40.43%
Mar 31, 2021 25.89%