Is the business good?
How good a business is MOD?
Modine Manufacturing Company earns 17% on the capital it employs against a 9.0% cost of capital, so the business is worth more the bigger it gets.
17%
Return on invested capital · cost of capital 9.0% · 8.4 points above what the capital costs: growth creates value
- Operating margin
- 11%
Operating margin · Auto Parts median 8.5% · 12 months to Q4 2026
- Cash conversion
- 0.87×
Cash conversion · 0.70× a year ago · some of the reported profit has not turned into cash yet
- Gross margin
- 23%
Gross margin
| Year | Operating margin |
|---|---|
| FY2021 | −5.4% |
| FY2022 | 5.8% |
| FY2023 | 6.6% |
| FY2024 | 10% |
| FY2025 | 11% |
| FY2026 | 11% |
Details›
- Gross margin12 months to Q4 2026
- 23%
- Operating margin12 months to Q4 2026
- 11%
- Net margin12 months to Q4 2026
- 3.8%
- Free cash flow margin
- 3.3%
- Revenue, trailing twelve months
- $3.18B
- Free cash flow, trailing twelve months
- $105M
- Net income, trailing twelve months
- $122M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 17%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.