Stocks · Industrials · Industrial - Machinery
Modine Manufacturing Company MOD
$178.20 +2.30% Close, Oct 2, 2026 · NYSE · Market cap $9.46B
Next earnings report: Oct 27, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Earnings beat analyst estimates in each of the last 14 quarters (average surprise over the last four: +15.1%).
- Revenue over the last four quarters was $3.37B, up 29.5% from a year earlier, accelerating from 23.1% a quarter earlier.
- The stock is in a downtrend: below its 200-day average, with the 50-day average below the 200-day.
PromtFinance scores
Each score is a percentile within the Industrials sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
Growth71Positive
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 14%
- EPS growth (TTM, YoY)Bottom 25%
- FCF growth (TTM, YoY)Bottom 34%
- Revenue growth, 3-year CAGRTop 26%
- Revenue growth accelerationTop 16%
Quality72Positive
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 17%
- Gross marginBottom 35%
- Operating marginTop 37%
- Cash conversion (OCF / net income)Top 37%
- Accruals (lower is better)Top 49%
- Net debt / EBITDA (lower is better)Top 49%
- Interest coverTop 25%
Value21Very weak
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldBottom 40%
- Free-cash-flow yieldBottom 31%
- EBITDA / enterprise valueBottom 26%
- Sales / enterprise valueBottom 36%
- P/E vs own 5-year history (lower is better)Bottom 24%
Momentum34Weak
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 37%
- 6-month returnBottom 22%
- 1-year return vs S&P 500Top 38%
- Distance from 52-week highBottom 23%
- Trend checklist (0–4)Bottom 15%
Revisions98Exceptional
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 28%
- Consecutive EPS beatsTop 5%
- Share of analysts rating BuyTop 20%
- Upside to consensus price targetTop 15%
Stability31Weak
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Bottom 21%
- Maximum drawdown, 3 yearsBottom 48%
- Beta vs S&P 500 (lower is better)Bottom 24%
- Net debt / EBITDA (lower is better)Top 49%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 23.1% | 29.5% | ↑ |
| EPS growth (YoY) | -34.5% | -23.8% | ↑ |
| Gross margin | 24.9% | 22.2% | ↓ |
| Operating margin | 10.9% | 10.3% | ↓ |
| FCF margin | 4.4% | 3.0% | ↓ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 29.5% | 23.1% | ↑ | Top 14% |
| EPS growth (TTM, YoY) | -23.8% | -34.5% | ↑ | Bottom 25% |
| Gross margin | 22.2% | 24.9% | ↓ | Bottom 35% |
| Operating margin | 10.3% | 10.9% | ↓ | Top 37% |
| Net margin | 4.3% | 7.2% | ↓ | — |
| Free-cash-flow margin | 3.0% | 4.4% | ↓ | — |
| Return on invested capital | 12.7% | — | Top 17% | |
| Revenue growth, 3-year CAGR | 11.5% | — | Top 26% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 1.82×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -4.2%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.9%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +13.4 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 1.90×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 10.8×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.00%
- Net buyback yield (TTM)
- 0.70%
- Shareholder yield
- 0.70%
- Share count change, 1 year
- +0.6%
- Share count change, 3-year CAGR
- +0.6%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Jul 30, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 14
- Beats in the last 8 reports
- 8 of 8
- Average EPS surprise, last 4
- +15.1%
- Average 2-day reaction, last 8
- +0.4%
- Positive 20 days after report
- 4 of 8
Analysts
- Consensus price target
- $335.71
- Target vs current price
- +88.4%
- Analysts with a rating
- 13
- Share rating Buy or Strong Buy
- 77%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Jul 29, 2026 | +17.7% | -14.4% | -3.1% | -9.6% | — |
| May 26, 2026 | +13.2% | +13.6% | +10.7% | +6.5% | -25.1% |
| Feb 4, 2026 | +20.2% | +0.0% | +10.2% | +5.2% | +27.6% |
| Oct 28, 2025 | +9.3% | -0.6% | -6.2% | -7.0% | -10.4% |
| Jul 30, 2025 | +14.0% | +1.5% | +25.5% | +26.4% | +32.5% |
| May 20, 2025 | +17.3% | +1.4% | -11.2% | -9.7% | +34.0% |
| Feb 4, 2025 | +16.5% | +2.1% | +2.4% | -19.0% | -15.4% |
| Oct 29, 2024 | +5.4% | -0.6% | -16.2% | +4.8% | -25.2% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Jul 29, 2026 | $1.53 | $1.30 | +17.7% | $874.1M |
| May 26, 2026 | $1.71 | $1.51 | +13.2% | $874.1M |
| Feb 4, 2026 | $1.19 | $0.99 | +20.2% | $805.0M |
| Oct 28, 2025 | $1.06 | $0.97 | +9.3% | $738.9M |
| Jul 30, 2025 | $1.06 | $0.93 | +14.0% | $682.8M |
| May 20, 2025 | $1.12 | $0.96 | +17.3% | $647.2M |
| Feb 4, 2025 | $0.92 | $0.79 | +16.5% | $616.8M |
| Oct 29, 2024 | $0.97 | $0.92 | +5.4% | $658.0M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 67.0× | 27.3× | 84th | Bottom 40% |
| P/E (forward) | 22.9× | — | — | — |
| EV / EBITDA | 33.1× | — | — | Bottom 26% |
| EV / Sales | 2.98× | — | — | Bottom 36% |
| Free-cash-flow yield | 1.06% | — | — | Bottom 31% |
| Earnings yield | 1.49% | — | — | Bottom 40% |
P/E over the past five years
Range 6.7× – 125.0× since Dec 31, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- +20.5%
- Earnings per share growth (TTM)
- -23.8%
- Change in P/E multiple
- +89.1%
Most of the move came from a change in the valuation multiple.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✗ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- -11.1%
- 200-day average slope (20 days)
- +1.5%
- Distance from 50-day average
- -6.7%
- Distance from 200-day average
- -16.5%
- RSI (14)
- 45.7
- Relative volume
- 0.92×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 69.5%
- Volatility vs own 5-year history
- 73th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 1.51
- Correlation with S&P 500
- 0.36
- Current drawdown from 1-year high
- -41.9%
- Maximum drawdown, 3 years
- -51.6%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Jun 1, 2021 | Apr 27, 2022 | -57.5% | 229 days | 130 days (Nov 1, 2022) |
| Nov 22, 2024 | Apr 21, 2025 | -51.6% | 99 days | 98 days (Sep 10, 2025) |
| Jun 2, 2026 | Sep 28, 2026 | -47.5% | 81 days | Not yet recovered |
| Dec 11, 2025 | Jan 7, 2026 | -27.6% | 17 days | 15 days (Jan 29, 2026) |
| Mar 3, 2023 | May 4, 2023 | -26.5% | 43 days | 16 days (May 26, 2023) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $9.46B
- P/E (TTM)
- 67.0
- EPS, diluted (TTM)
- $2.66
- Revenue (TTM)
- $3.37B
- 52-week range
- $111.18 – $323.25
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|
| Revenue | $2.05B | $2.30B | $2.41B | $2.58B | $3.18B |
| Gross profit | $309.3M | $389.4M | $527.2M | $645.4M | $731.1M |
| Operating income | $119.2M | $150.4M | $240.7M | $283.5M | $349.9M |
| Net income | $85.2M | $153.1M | $161.5M | $184.0M | $121.8M |
| EPS (diluted) | $1.62 | $2.90 | $3.02 | $3.42 | $2.24 |
| Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | Q4 2026 | Q1 2027 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $658.0M | $616.8M | $647.2M | $682.8M | $738.9M | $805.0M | $954.4M | $874.1M |
| Net income | $46.1M | $41.0M | $49.6M | $51.2M | $44.4M | -$47.4M | $73.6M | $73.9M |
| EPS (diluted) | $0.86 | $0.76 | $0.92 | $0.95 | $0.83 | -$0.90 | $1.36 | $1.37 |
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|
| Operating cash flow | $11.5M | $107.5M | $214.6M | $213.3M | $248.7M |
| Capital expenditure | -$40.3M | -$50.7M | -$87.7M | -$84.0M | -$143.3M |
| Free cash flow | -$28.8M | $56.8M | $126.9M | $129.3M | $105.4M |
| Dividends paid | $0 | $0 | $0 | $0 | $0 |
| Net share buybacks | $0 | -$9.0M | -$13.3M | -$30.9M | -$7.0M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $95.3M
- Total assets
- $2.80B
- Total liabilities
- $1.59B
- Total debt
- $669.9M
- Net debt
- $574.6M
- Shareholders’ equity
- $1.20B
As of Jun 30, 2026 (filed Jul 30, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Nov 19, 2008 | $0.10 | Dec 5, 2008 |
| Aug 20, 2008 | $0.10 | Sep 5, 2008 |
| Jun 4, 2008 | $0.10 | Jun 20, 2008 |
| Feb 13, 2008 | $0.18 | Mar 3, 2008 |
| Nov 19, 2007 | $0.18 | Dec 7, 2007 |
| Aug 21, 2007 | $0.18 | Sep 7, 2007 |
| May 23, 2007 | $0.18 | Jun 8, 2007 |
| Feb 13, 2007 | $0.18 | Mar 2, 2007 |
Short interest
- Shares sold short
- 3,363,511
- Days to cover
- 2.90
- Change vs previous report
- +1.8%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Feb 22, 1993
- 2-for-1
- Aug 18, 1987
- 2-for-1
- Apr 18, 1985
- 5-for-2
- Aug 26, 1977
- 2-for-1