
Modine Manufacturing Company
MODNYSEIndustrialsIndustrial - Machinery
Previous close
$197.68
+$6.94 · +3.64%
MOD company overview
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GoAI snapshot
AI-powered factor overview
GoAI score
Sell
Trim exposure — unfavorable risk-reward
Valuation
10
Overpriced
Momentum
47
Neutral
Sentiment
61
Bullish
Risk resilience
44
Elevated Risk
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Company profile
Company websiteModine Manufacturing Company specializes in delivering advanced thermal management systems and heat exchange components, primarily catering to original equipment manufacturers (OEMs) in both on- and off-highway vehicular markets. The company's operations are structured into two main segments: Climate Solutions and Performance Technologies. Its extensive product portfolio encompasses a wide array of heating, ventilation, and air conditioning (HVAC) solutions. This includes various heating units such as gas-fired, hydronic, electric, and oil-fired models, alongside indoor and outdoor duct furnaces, infrared units, and perimeter heating offerings like commercial fin-tube radiation, cabinet unit heaters, and convectors. Modine also supplies roof-mounted direct- and indirect-fired makeup air units, unit ventilators, single packaged vertical units, and precision air conditioning systems designed for data centers. Further HVAC offerings feature air handler units, fan walls, chillers, ceiling cassettes, hybrid fan coils, and diverse condensers and condensing units. Beyond HVAC, Modine manufactures a range of coils, including microchannel, heat recovery, round tube plate fin, and specialized motor and generator cooling coils. Its comprehensive cooling product line also features evaporator units, fluid coolers, transformer oil coolers, gas and air blast coolers, dry and brine coolers, and remote condensers. Additionally, the company provides protective coatings to guard against corrosion. Furthermore, Modine is a key supplier of advanced thermal management solutions for vehicles. This covers powertrain cooling products such as engine cooling modules, radiators, charge air coolers, condensers, oil coolers, fan shrouds, and surge tanks. On-engine cooling components comprise exhaust gas recirculation (EGR), engine oil, fuel, charge air, and intake air coolers. Auxiliary cooling solutions include transmission and retarder oil coolers, and power steering coolers. The company also offers complete battery thermal management systems and electronics cooling packages, crucial for modern electric and hybrid vehicles. Modine caters to a broad customer base, including original equipment manufacturers (OEMs) in the HVAC, automotive, truck, bus, specialty vehicle, agricultural, industrial, and construction sectors. Its reach extends to construction architects, contractors, and wholesalers of heating equipment, as well as OEMs for commercial and industrial machinery. With a significant global footprint, Modine operates across North America, South America, Europe, and Asia. Established in 1916, Modine Manufacturing Company maintains its corporate headquarters in Racine, Wisconsin.
- Industry
- Industrial - Machinery
- Sector
- Industrials
- Headquarters
- US
- CEO
- Neil D. Brinker
- Listed since
- Sep 20, 1982
- Employees
- 13,200
Market position
Day range
Current $197.68
52-week range
Current $197.68
- Open
- $204.67
- Previous close
- $190.74
- Volume
- 2.02M
- 1.42× average
- Average volume
- 1.42M
- Average daily volume
- Market cap
- 10.5B USD
- Beta
- 1.71
- Market reference 1
- 50-day average
- $232.78
- -15.08% below average
- 200-day average
- $208.47
- -5.18% below average
Financials
Financial statements
Margin trends
Profitability as a percentage of reported revenue.
Income trends
Revenue
Operating income
Net income
| Metric (USD) | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|---|
| Revenue | 3.18B USD | 2.58B USD | 2.41B USD | 2.3B USD | 2.05B USD |
| Cost of goods sold | 2.45B USD | 1.94B USD | 1.88B USD | 1.91B USD | 1.74B USD |
| Gross profit | 731.1M USD | 645.4M USD | 527.2M USD | 389.4M USD | 309.3M USD |
| Research and development | — | 34.9M USD | 42M USD | 44M USD | 50.3M USD |
| Selling, general, and administrative | 360.1M USD | 332.1M USD | 232.1M USD | 192M USD | 166M USD |
| Operating expenses | 381.2M USD | 361.9M USD | 286.5M USD | 239M USD | 190.1M USD |
| Interest income | 1.5M USD | 2.7M USD | 4.3M USD | 1.3M USD | 400K USD |
| Interest expense | 31.6M USD | 26.4M USD | 24.1M USD | 20.7M USD | 15.6M USD |
| Depreciation and amortization | 79.7M USD | 77.7M USD | 56.1M USD | 54.5M USD | 54.8M USD |
| Operating income | 349.9M USD | 283.5M USD | 240.7M USD | 150.4M USD | 119.2M USD |
| Net income | 121.8M USD | 184M USD | 161.5M USD | 153.1M USD | 85.2M USD |
Company facts updated Aug 24, 2026.
Analyst ratings
Third-party consensus; not a GoAI recommendation.
Rating distribution
13 ratingsMOD peers
ETFs holding MOD
Funds reporting this stock among their holdings, ordered by reported position size.
Vanguard Morningstar Total Stock Market ETFVTI338.25M0.01%2.3T USD0.03%$378.24+0.44%
Vanguard Morningstar Small-Cap ETFVB244.2M0.13%183.4B USD0.03%$304.76+0.64%
Vanguard Morningstar Small-Cap Growth ETFVBK141.31M0.32%43.8B USD0.05%$358.65+0.70%
Vanguard Extended Market ETFVXF122.12M0.13%93.7B USD0.05%$245.53+0.82%
iShares Russell Mid-Cap Growth ETFIWP57.08M0.28%20.62B USD0.23%$143.66+0.99%
Schwab U.S. Small-Cap ETFSCHA48.06M0.21%23.1B USD0.03%$34.83+0.52%
iShares Russell Mid-Cap ETFIWR40.28M0.07%57.66B USD0.18%$113.44+0.70%
iShares Russell 1000 Growth ETFIWF37.39M0.03%125.47B USD0.18%$122.39+0.47%
Vanguard Morningstar Total Stock Market ETFVTI- Market value
- 338.25M
- Weight
- 0.01%
- AUM
- 2.3T USD
- Expense ratio
- 0.03%
- Price / 1D
- $378.24+0.44%
Vanguard Morningstar Small-Cap ETFVB- Market value
- 244.2M
- Weight
- 0.13%
- AUM
- 183.4B USD
- Expense ratio
- 0.03%
- Price / 1D
- $304.76+0.64%
Vanguard Morningstar Small-Cap Growth ETFVBK- Market value
- 141.31M
- Weight
- 0.32%
- AUM
- 43.8B USD
- Expense ratio
- 0.05%
- Price / 1D
- $358.65+0.70%
Vanguard Extended Market ETFVXF- Market value
- 122.12M
- Weight
- 0.13%
- AUM
- 93.7B USD
- Expense ratio
- 0.05%
- Price / 1D
- $245.53+0.82%
iShares Russell Mid-Cap Growth ETFIWP- Market value
- 57.08M
- Weight
- 0.28%
- AUM
- 20.62B USD
- Expense ratio
- 0.23%
- Price / 1D
- $143.66+0.99%
Schwab U.S. Small-Cap ETFSCHA- Market value
- 48.06M
- Weight
- 0.21%
- AUM
- 23.1B USD
- Expense ratio
- 0.03%
- Price / 1D
- $34.83+0.52%
iShares Russell Mid-Cap ETFIWR- Market value
- 40.28M
- Weight
- 0.07%
- AUM
- 57.66B USD
- Expense ratio
- 0.18%
- Price / 1D
- $113.44+0.70%
iShares Russell 1000 Growth ETFIWF- Market value
- 37.39M
- Weight
- 0.03%
- AUM
- 125.47B USD
- Expense ratio
- 0.18%
- Price / 1D
- $122.39+0.47%
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