Modine Manufacturing Company (MOD) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
Loading revenue history...
MOD Revenue Growth
Revenue Breakdown (FY 2018)
MOD's revenue distribution by segment and geography for fiscal year 2018
By Product/Segment
By Geography
MOD Revenue Analysis (2014–2025)
As of May 8, 2026, Modine Manufacturing Company (MOD) generated trailing twelve-month (TTM) revenue of $2.87 billion, reflecting explosive growth of +30.5% year-over-year. The most recent quarter (Q3 2026) recorded $805.0 million in revenue, up 8.9% sequentially.
Looking at the longer-term picture, MOD's 5-year compound annual growth rate (CAGR) stands at +5.5%, indicating steady revenue expansion. The company achieved its highest annual revenue of $2.58 billion in 2025, representing a new all-time high.
Revenue diversification analysis shows MOD's business is primarily driven by Automotive (25%), Commercial Vehicle (18%), and Commercial and Residential Air Conditioning (18%).
When compared to Consumer Cyclical sector peers including THRM (+5.5% YoY), AAON (+28.3% YoY), and GTLS (+2.5% YoY), MOD has outperformed the peer group in terms of revenue growth. Compare MOD vs THRM →
MOD Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| MODCurrent | $2.9B | +30.5% | +5.5% | 11.0% | |
 THRM | $1.5B | +5.5% | +10.4% | 5.2% | |
 AAON | $1.4B | +28.3% | +22.9% | 10.1% | |
 GTLS | $4.3B | +2.5% | +29.4% | 15.2% | |
 BWXT | $3.2B | +21.4% | +8.5% | 10.1% | |
 JCI | $23.6B | +5.1% | +1.1% | 12.0% |
MOD Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $2.58B | +7.3% | $645.4M | 25.0% | $283.5M | 11.0% |
| 2024 | $2.41B | +4.8% | $527.2M | 21.9% | $240.7M | 10.0% |
| 2023 | $2.30B | +12.1% | $389.4M | 16.9% | $150.4M | 6.5% |
| 2022 | $2.05B | +13.4% | $309.3M | 15.1% | $119.2M | 5.8% |
| 2021 | $1.81B | -8.5% | $293.4M | 16.2% | $-97,700,000 | -5.4% |
| 2020 | $1.98B | -10.7% | $307.5M | 15.6% | $37.9M | 1.9% |
| 2019 | $2.21B | +5.2% | $365.5M | 16.5% | $109.7M | 5.0% |
| 2018 | $2.10B | +39.9% | $356.5M | 17.0% | $92.2M | 4.4% |
| 2017 | $1.50B | +11.1% | $258.7M | 17.2% | $42.3M | 2.8% |
| 2016 | $1.35B | -9.6% | $233.6M | 17.3% | $37.1M | 2.7% |
Full MOD Stock Analysis
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
See MOD's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs MOD Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare MOD vs AMZN
Side-by-side business, growth, and profitability comparison vs Amazon.com, Inc..
Start ComparisonMOD — Frequently Asked Questions
Quick answers to the most common questions about buying MOD stock.
Is MOD's revenue growth accelerating or slowing?
MOD revenue is accelerating at +30.5% year-over-year, exceeding the 5-year CAGR of +5.5%. TTM revenue reached $2.9B. Growth momentum has increased versus prior periods.
What is MOD's long-term revenue growth rate?
Modine Manufacturing Company's 5-year revenue CAGR of +5.5% reflects the sustained expansion pattern. Current YoY growth of +30.5% is above this long-term average.
How is MOD's revenue distributed by segment?
MOD reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.