MOD

Consumer Cyclical

Modine Manufacturing Company · Auto - Parts · $14B

UQS Score — Balanced Preset
41.7
Below Average

Modine Manufacturing Company scores 41.7/100 using the Balanced preset.

UQS vs Consumer Cyclical Sector
MOD
41.7
Sector avg
37.7
Quality
Weak
Moat
Weak
Growth
Good
Risk
Neutral
Valuation
Elevated

What is Modine Manufacturing Company?

Modine Manufacturing Company engineers heat transfer systems and components for a wide range of industrial and vehicular applications. Headquartered in Racine, Wisconsin, the company serves OEM customers across on- and off-highway markets as well as data center and commercial building segments.

Modine operates through two segments — Climate Solutions and Performance Technologies. Climate Solutions covers commercial heating, ventilation, and precision cooling products for buildings and data centers. Performance Technologies focuses on thermal management for vehicles and powertrains, including engine cooling modules, charge air coolers, and battery thermal management systems. Revenue is generated primarily through sales to OEM customers and commercial contractors who integrate Modine's engineered components into finished products.

Modine was founded in 1982 and is headquartered in Racine, Wisconsin.

  • Precision air conditioning and cooling units for data centers
  • Gas-fired, hydronic, and electric unit heaters for commercial buildings
  • Engine cooling modules, radiators, and charge air coolers for vehicles
  • Battery thermal management systems for electrified powertrains
  • Corrosion-protection coatings for heat transfer components

Is MOD a Good Stock to Buy?

UQS Score rates MOD as Below Average overall.

The Growth pillar stands out as the clearest positive — Modine has been expanding its presence in high-demand areas like data center cooling and electrified vehicle thermal management. The Risk pillar registers as Neutral, suggesting the company's near-term financial stability is not an immediate concern relative to peers.

Both the Quality and Moat pillars score Weak, pointing to limited competitive differentiation and below-average returns on capital. The Valuation pillar is Elevated, meaning the market may already be pricing in considerable optimism.

See the exact pillar breakdown and full financial metrics by signing up for a UQS Pro membership. Sign up free →

Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.

Does MOD pay dividends?

No — Modine Manufacturing Company does not currently pay a dividend.

Modine Manufacturing does not currently pay a dividend. For a company pursuing growth in data center cooling and electrified vehicle thermal management, retaining capital for reinvestment is a common strategic choice. Income-focused investors should factor this into their assessment, while growth-oriented investors may view the reinvestment posture as consistent with the company's expansion priorities.

When does MOD report earnings?

Modine Manufacturing reports earnings on a quarterly cadence, typical for US-listed equities.

Modine's recent reporting periods have reflected momentum in its Climate Solutions segment, particularly around data center cooling demand. Performance Technologies results have been more mixed, reflecting broader conditions in the automotive OEM supply chain. Trends across both segments are worth monitoring each quarter.

For the most recent quarter's results and guidance, visit Modine Manufacturing's investor relations page directly.

MOD Price History

+1306.1% over 5Y

Monthly close, adjusted for stock splits and dividend reinvestment.

Return Calculator

What if I invested in Modine Manufacturing Company?

$
Today it would be worth
$157,736
That's a +1477% total return, or +73.6% annualized.

Based on Modine Manufacturing Company's historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.

MOD Long-term Outlook

Modine's Growth pillar rating of Good reflects genuine expansion opportunities — particularly in data center thermal management, where demand for precision cooling continues to rise. However, the Weak Moat pillar suggests these gains may be difficult to defend over time as competition intensifies. The Elevated Valuation pillar introduces meaningful downside risk if growth expectations are not met. The Neutral Risk pillar provides some reassurance that near-term financial pressures are manageable, but the overall profile warrants careful monitoring.

Growth drivers

  • Rising demand for precision cooling in hyperscale and edge data centers
  • Electrification of vehicle powertrains driving battery thermal management adoption
  • Expansion of commercial HVAC and building climate control markets

Key risks

  • Weak competitive moat leaves Modine exposed to pricing pressure from rivals
  • Elevated valuation leaves limited margin of safety if growth disappoints
  • OEM automotive supply chain volatility affecting Performance Technologies revenue

MOD vs Peers

Modine competes in overlapping thermal and powertrain management markets alongside several larger, more diversified automotive and industrial suppliers.

APTVSimilar UQS
Aptiv PLC

Aptiv focuses on vehicle electrical architecture and advanced safety systems, giving it a broader technology footprint than Modine's thermal-only specialization.

BWAMOD scores lower
BorgWarner Inc.

BorgWarner competes directly in powertrain thermal management and electrification components, with significantly greater scale and global manufacturing reach.

ALSNMOD scores lower
Allison Transmission Holdings, Inc.

Allison specializes in fully automatic transmissions for commercial vehicles, occupying a narrower but more defensible niche than Modine's broader thermal product portfolio.

Frequently Asked Questions

What does Modine Manufacturing do?

Modine Manufacturing designs and produces engineered heat transfer systems for a broad range of applications. Its products include commercial heating and ventilation equipment, precision cooling units for data centers, and thermal management components for automotive and off-highway OEM customers. The company operates through its Climate Solutions and Performance Technologies segments.

Does MOD pay dividends?

Modine Manufacturing does not currently pay a dividend. The company appears to prioritize reinvesting capital into growth areas such as data center cooling and electrified vehicle thermal management rather than returning cash to shareholders through distributions.

When does MOD report earnings?

Modine reports financial results on a quarterly basis, consistent with standard practice for US-listed companies. For precise reporting dates and the latest quarterly results, check Modine Manufacturing's official investor relations page.

Is MOD a good stock to buy?

UQS Score rates MOD as Below Average overall. The Growth pillar is a relative strength, but Weak scores in Quality and Moat, combined with an Elevated Valuation, present meaningful concerns. Investors should weigh these factors carefully. The full pillar breakdown is available to UQS Pro members.

Is MOD overvalued?

The UQS Valuation pillar for MOD is rated Elevated, suggesting the stock may be priced above what the underlying business fundamentals comfortably support. This does not guarantee a price decline, but it does indicate a reduced margin of safety for new investors entering at current levels.

How does MOD compare to its competitors?

Compared to peers like BorgWarner and Aptiv, Modine is a more narrowly focused thermal management specialist. Larger rivals generally carry greater scale advantages and more diversified revenue streams. Modine's data center cooling exposure is a differentiating factor, though its Weak Moat rating suggests limited pricing power relative to the broader competitive set.

What is MOD's market cap bracket?

Modine Manufacturing is classified as a large-cap company. This places it among established industrial suppliers with meaningful market presence, though it remains considerably smaller than the largest diversified automotive technology conglomerates in its competitive space.

Who founded Modine Manufacturing?

Modine Manufacturing was founded in 1982. For detailed founding history and leadership background, the company's official website and investor relations materials are the most reliable sources.

Is MOD a long-term quality stock?

As a long-term quality indicator, MOD's UQS profile raises some caution. The Weak Quality and Moat pillars suggest the business has not yet demonstrated the durable competitive advantages typically associated with high-quality long-term holdings. The Good Growth rating offers some encouragement, but sustained quality improvement would strengthen the long-term case.

What is the main competitive advantage of Modine Manufacturing?

Modine's primary differentiation lies in its engineering specialization in thermal management, particularly its growing focus on data center precision cooling and battery thermal systems for electrified vehicles. However, the UQS Moat pillar rates this advantage as Weak, indicating that barriers to competition in these markets remain limited.

What sector does MOD belong to?

Modine Manufacturing is classified under the Consumer Cyclical sector. Its revenues are tied to OEM vehicle production cycles and commercial construction activity, both of which tend to fluctuate with broader economic conditions — a key consideration for investors evaluating cyclical exposure.

Is MOD a growth stock or value stock?

Based on UQS pillar ratings, MOD leans toward growth — the Growth pillar is rated Good, reflecting expansion in data center cooling and electrified vehicle markets. However, the Elevated Valuation pillar means it does not screen as a traditional value opportunity. It occupies a growth-at-a-premium position within its sector.

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Pro Analysis

MOD — Score History

35404550Apr 2Apr 12Apr 22May 2May 12May 22May 24v5
Score changes· 17 most recent
DateUQSQualityMoatGrowthRiskValueChange
May 24, 202641.736.630.064.546.834.10.0
May 22, 202641.736.630.064.546.834.00.0
May 21, 202641.736.630.064.546.834.2+0.1
May 14, 202641.636.630.064.546.833.50.0
May 12, 202641.636.630.064.546.833.7+1.0
May 10, 202640.612.230.064.553.061.20.0
May 8, 202640.612.230.064.553.061.4-1.0
May 7, 202641.636.630.064.546.833.6-0.1
May 3, 202641.736.630.064.546.833.90.0
Apr 26, 202641.736.630.064.546.834.4-0.1

MOD — Pillar Breakdown

Quality

36.6/100 (25%)

Modine Manufacturing Company has average quality metrics, with room for improvement in margins or capital efficiency.

Capital Efficiency (ROIC)Moderate

How effectively capital is deployed to generate returns.

Return on EquityWeak

Profitability relative to shareholders' equity.

Operating ProfitabilityWeak

Ability to convert revenue into operating profit.

Net ProfitabilityWeak

Bottom-line profit as a share of revenue.

Gross Profit / AssetsStrong

Asset productivity — how much gross profit each dollar of assets generates.

Cash GenerationWeak

Free cash flow relative to market value.

Growth

64.5/100 (20%)

Modine Manufacturing Company demonstrates healthy growth trends across revenue and earnings.

Recent Revenue TrendWeak

Revenue trajectory over the last twelve months.

3Y Revenue CAGRWeak

Compound annual revenue growth rate over 3 years.

EPS GrowthModerate

Year-over-year earnings per share growth.

Forward Revenue OutlookStrong

Analyst consensus for future revenue growth.

Forward EPS GrowthStrong

Analyst consensus for future earnings growth.

Risk

46.8/100 (15%)

Modine Manufacturing Company has some risk factors including moderate leverage or solvency concerns.

Financial LeverageWeak

Debt levels relative to earnings capacity.

Debt/EquityStrong

Total debt relative to shareholder equity.

Current RatioModerate

Short-term liquidity — ability to pay near-term obligations.

Interest CoverageStrong

Earnings capacity relative to interest payments.

Valuation

34.1/100 (15%)

Modine Manufacturing Company appears expensively valued relative to its fundamentals and growth prospects.

Earnings YieldWeak

Inverse of forward P/E — higher yield means cheaper stock.

Price to Free Cash FlowWeak

How many years of FCF the market cap represents.

PEG RatioStrong

P/E relative to earnings growth — lower is more attractive.

EV/EBITDA vs SectorWeak

Enterprise value multiple relative to sector median.

Moat

30/100 (25%)

Modine Manufacturing Company operates in a highly competitive environment with limited sustainable advantages. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for MOD.

Score Composition

Quality
36.6×25%9.2
Growth
64.5×20%12.9
Risk
46.8×15%7.0
Valuation
34.1×15%5.1
Moat
30.0×25%7.5
Total
41.7Below Average

Financial Data

More Stock Analysis

How is the MOD UQS Score Calculated?

The UQS (Unified Quality Score) for Modine Manufacturing Company is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.

Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.

Moat (25%) assesses Modine Manufacturing Company's competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.

Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.

Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.

Valuation (15%) measures whether Modine Manufacturing Company is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.

Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.