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Modine Manufacturing Co (MOD) Fundamental Analysis & AI Grade 2026

MOD NYSE Motor Vehicle Parts & Accessories WI CIK: 0000067347
Updated This Month • Analysis: May 28, 2026 • SEC Data: 2026-03-31
Combined AI Grade
C
66% Confidence
AGREEMENT
C
68% Conf
B
65% Conf

📊 MOD Key Takeaways

Revenue: $3.2B
Net Margin: 3.8%
Free Cash Flow: $105.4M
Current Ratio: 1.94x
Debt/Equity: 0.32x
EPS: $2.26
AI Grade: C with 68% confidence
Modine Manufacturing Co (MOD) receives a C fundamental grade with 66% confidence from our AI analysis based on SEC 10-K filings. With revenue of $3.2B, net profit margin of 3.8%, and return on equity (ROE) of 10.2%, Modine Manufacturing Co demonstrates mixed fundamentals in the Automotive sector. Below is our complete MOD stock analysis for 2026.

Is Modine Manufacturing Co (MOD) a Good Investment?

Claude

Modine demonstrates strong revenue growth of 23.1% but faces severe profitability deterioration with net income declining 1.5% and diluted EPS falling 33.9% year-over-year, indicating significant margin compression and operational challenges. While the balance sheet remains healthy with conservative leverage and strong interest coverage, the inability to translate top-line growth into bottom-line profitability combined with thin 3.8% net margins and modest returns (ROE 10.2%, ROA 4.5%) raises fundamental concerns about business quality and capital efficiency.

ChatGPT

Modine delivers solid top-line growth and healthy operating profitability (10.7% margin) with strong interest coverage and a balanced capital structure. However, weak cash conversion and negative free cash flow, alongside thin net margins and a slight decline in net income, warrant patience until earnings consistently translate into cash.

Modine Manufacturing Co Key Strengths (MOD)

Claude
  • + Strong revenue growth of 23.1% year-over-year demonstrating market demand
  • + Healthy balance sheet with conservative 0.32x debt-to-equity ratio and 13.0x interest coverage indicating low financial risk
  • + Solid liquidity position with 1.94x current ratio and positive operating cash flow of 248.7M
ChatGPT
  • + 7.3% YoY revenue growth
  • + Double-digit operating margin with 9.0x interest coverage
  • + Healthy liquidity and moderate leverage (2.19x current ratio, 0.51x D/E)

MOD Stock Risks: Modine Manufacturing Co Investment Risks

Claude
  • ! Critical profitability divergence: net income down 1.5% and EPS down 33.9% despite 23.1% revenue growth indicates severe margin compression or significant one-time charges
  • ! Thin net margins of 3.8% with modest returns on capital (ROE 10.2%, ROA 4.5%) suggest poor operational efficiency and capital deployment effectiveness
  • ! Low free cash flow margin of 3.3% relative to revenue size raises questions about cash generation quality despite positive FCF, combined with elevated CapEx requirements (143.3M)
ChatGPT
  • ! Negative free cash flow and weak cash conversion
  • ! Thin 2.2% net margin and slight YoY net income decline
  • ! Cyclical end-market exposure and potential input cost pressure

Key Metrics to Watch

Claude
  • * Gross margin and operating margin trends - must stabilize to validate that growth can be profitable
  • * Year-over-year EPS and net income growth - currently in decline, need reversal to restore investor confidence
  • * Free cash flow conversion and CapEx spending efficiency - critical given lower FCF margin relative to revenue growth
ChatGPT
  • * Free cash flow margin
  • * Operating margin

Modine Manufacturing Co (MOD) Financial Metrics & Key Ratios

Revenue
$3.2B
Net Income
$121.5M
EPS (Diluted)
$2.26
Free Cash Flow
$105.4M
Total Assets
$2.7B
Cash Position
$73.5M

💡 AI Analyst Insight

The relatively thin 3.3% FCF margin may limit capital allocation flexibility.

MOD Profit Margin, ROE & Profitability Analysis

Gross Margin 23.0%
Operating Margin 10.8%
Net Margin 3.8%
ROE 10.2%
ROA 4.5%
FCF Margin 3.3%

MOD vs Automotive Sector: How Modine Manufacturing Co Compares

How Modine Manufacturing Co compares to Automotive sector averages

Net Margin
MOD 3.8%
vs
Sector Avg 6.0%
MOD Sector
ROE
MOD 10.2%
vs
Sector Avg 12.0%
MOD Sector
Current Ratio
MOD 1.9x
vs
Sector Avg 1.2x
MOD Sector
Debt/Equity
MOD 0.3x
vs
Sector Avg 1.0x
MOD Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Modine Manufacturing Co Stock Overvalued? MOD Valuation Analysis 2026

Based on fundamental analysis, Modine Manufacturing Co has mixed fundamental signals relative to the Automotive sector in 2026.

Return on Equity
10.2%
Sector avg: 12%
Net Profit Margin
3.8%
Sector avg: 6%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.32x
Sector avg: 1x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Modine Manufacturing Co Balance Sheet: MOD Debt, Cash & Liquidity

Current Ratio
1.94x
Quick Ratio
1.25x
Debt/Equity
0.32x
Debt/Assets
55.0%
Interest Coverage
12.97x
Long-term Debt
$384.9M

MOD Revenue & Earnings Growth: 5-Year Financial Trend

MOD 5-year financial data: Year 2022: Revenue $2.1B, Net Income -$2.2M, EPS $-0.04. Year 2023: Revenue $2.3B, Net Income -$210.7M, EPS $-4.11. Year 2024: Revenue $2.4B, Net Income $85.2M, EPS $1.62. Year 2025: Revenue $2.6B, Net Income $153.1M, EPS $2.90. Year 2026: Revenue $3.2B, Net Income $161.5M, EPS $3.03.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Modine Manufacturing Co's revenue has grown significantly by 55% over the 5-year period, indicating strong business expansion. The most recent EPS of $3.03 reflects profitable operations.

MOD Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
3.3%
Free cash flow / Revenue

MOD Quarterly Earnings & Performance

Quarterly financial performance data for Modine Manufacturing Co including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2026 $616.8M $41.0M $0.76
Q2 2026 $658.0M $44.4M $0.83
Q1 2026 $661.5M $47.3M $0.88
Q3 2025 $561.4M $41.0M $0.76
Q2 2025 $620.5M $46.1M $0.86
Q1 2025 $622.4M $44.8M $0.85
Q3 2024 $560.0M $24.5M $0.46
Q2 2024 $578.8M $24.4M $0.46

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Modine Manufacturing Co Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$248.7M
Cash generated from operations
Stock Buybacks
$7.0M
Shares repurchased (TTM)
Capital Expenditures
$143.3M
Investment in assets
Dividends
None
No dividend program

MOD SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Modine Manufacturing Co (CIK: 0000067347)

📋 Recent SEC Filings

Date Form Document Action
Jun 2, 2026 4 xslF345X06/form4-06022026_070626.xml View →
Jun 2, 2026 4 xslF345X06/form4-06022026_070642.xml View →
Jun 2, 2026 4 xslF345X06/form4-06022026_070641.xml View →
Jun 2, 2026 4 xslF345X06/form4-06022026_070659.xml View →
Jun 2, 2026 4 xslF345X06/form4-06022026_070615.xml View →

Frequently Asked Questions about MOD

What is the AI rating for MOD?

Modine Manufacturing Co (MOD) has a Combined AI Grade of C from Claude (C) and ChatGPT (B) with 66% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are MOD's key strengths?

Claude: Strong revenue growth of 23.1% year-over-year demonstrating market demand. Healthy balance sheet with conservative 0.32x debt-to-equity ratio and 13.0x interest coverage indicating low financial risk. ChatGPT: 7.3% YoY revenue growth. Double-digit operating margin with 9.0x interest coverage.

What are the risks of investing in MOD?

Claude: Critical profitability divergence: net income down 1.5% and EPS down 33.9% despite 23.1% revenue growth indicates severe margin compression or significant one-time charges. Thin net margins of 3.8% with modest returns on capital (ROE 10.2%, ROA 4.5%) suggest poor operational efficiency and capital deployment effectiveness. ChatGPT: Negative free cash flow and weak cash conversion. Thin 2.2% net margin and slight YoY net income decline.

What is MOD's revenue and growth?

Modine Manufacturing Co reported revenue of $3.2B.

Does MOD pay dividends?

Modine Manufacturing Co does not currently pay dividends.

Where can I find MOD SEC filings?

Official SEC filings for Modine Manufacturing Co (CIK: 0000067347) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is MOD's EPS?

Modine Manufacturing Co has a diluted EPS of $2.26.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is MOD's fundamental grade?

Based on our AI fundamental analysis in June 2026, Modine Manufacturing Co has a C grade with 66% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is MOD stock overvalued or undervalued?

Valuation metrics for MOD: ROE of 10.2% (sector avg: 12%), net margin of 3.8% (sector avg: 6%). Compare these metrics with sector averages to assess valuation.

What is MOD's AI grade for 2026?

Our dual AI analysis gives Modine Manufacturing Co a combined C grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is MOD's free cash flow?

Modine Manufacturing Co's operating cash flow is $248.7M, with capital expenditures of $143.3M. FCF margin is 3.3%.

How does MOD compare to other Automotive stocks?

Vs Automotive sector averages: Net margin 3.8% (avg: 6%), ROE 10.2% (avg: 12%), current ratio 1.94 (avg: 1.2).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 28, 2026 | Data as of: 2026-03-31 | Powered by Claude AI