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NYSE · US · Auto Parts

MOD Modine Manufacturing

Data-centre chillers and CDUs

Tight but sold off Its supply chain is tightening but the stock is below its 50-day average — price and fundamentals disagree. (automatic: supply-chain trend + price vs 50-day average)
Last close (delayed) · 2026-10-26
$133.5
+0.14% today
1W
−10.7%
1M
−32.6%
3M
−35.8%
YTD
+0.0%
1Y
−17.2%
Off 52w high
−56.5%
Next earnings (est.): 2026-11-03
Market cap$7.09B
P/E (trailing)50.1Forward 12.9
EV / sales2.3×EV/EBITDA 17.3×
Revenue (TTM)$3.37BGrowth 28.0% y/y
Margins22.2%gross · op 9.0%
Free cash flow-$73.74MCash $95.30M · debt $671M
Analyst target$299.1+124.0% upside · 9 analysts · strong buy
Riskβ 1.71Short 5.9% of float

Fundamentals from public market data, refreshed daily (2026-10-24 02:59 UTC). Figures in reporting currency.

MOD · price with what management and the data said

Supply tighteningBeat / raiseMiss / cutData releaseEasing Hover a numbered marker for details · dashed lines = 50- and 200-day averages

Timeline: management commentary, data & earnings

8 events
  1. 8
    2026-07-29EarningsBeat / raise

    Reported EPS 1.53 vs 1.27 expected (+20.0% surprise).

  2. 7
    2026-05-26EarningsBeat / raise

    Reported EPS 1.71 vs 1.55 expected (+10.0% surprise).

  3. 6
    2026-02-04EarningsBeat / raise

    Reported EPS 1.19 vs 0.99 expected (+19.7% surprise).

  4. 5
    2025-10-28EarningsBeat / raise

    Reported EPS 1.06 vs 1.01 expected (+5.0% surprise).

  5. 4
    2025-07-30EarningsBeat / raise

    Reported EPS 1.06 vs 0.92 expected (+14.8% surprise).

  6. 3
    2025-05-20EarningsBeat / raise

    Reported EPS 1.12 vs 0.96 expected (+17.3% surprise).

  7. 2
    2025-02-04EarningsBeat / raise

    Reported EPS 0.92 vs 0.79 expected (+16.5% surprise).

  8. 1
    2024-10-29EarningsBeat / raise

    Reported EPS 0.97 vs 0.92 expected (+5.2% surprise).

Earnings history

EPS vs expectations
DateExpected EPSReported EPSSurprise
2026-07-291.271.53+20.0%
2026-05-261.551.71+10.0%
2026-02-040.991.19+19.7%
2025-10-281.011.06+5.0%
2025-07-300.921.06+14.8%
2025-05-200.961.12+17.3%
2025-02-040.790.92+16.5%
2024-10-290.920.97+5.2%
2024-07-300.871.04+20.2%
2024-05-210.760.77+0.8%
2024-01-300.590.74+25.4%
2023-11-010.660.89+35.4%
2023-08-020.440.85+92.1%
2023-05-240.470.67+41.5%
2023-02-010.430.48+12.9%
2022-11-020.370.48+31.5%
2022-08-030.120.32+166.7%
2022-05-250.50.57+15.2%
2022-02-020.230.31+37.8%
2021-11-020.290.15−48.3%
2021-08-040.270.2−24.5%
2021-05-260.270.51+91.2%
2021-02-040.280.41+46.4%
2020-11-050.040.43+975.0%

About Modine Manufacturing

Website ↗

Modine Manufacturing Company designs, engineers, tests, manufactures, and sells mission-critical thermal solutions in the United States, Canada, Italy, Hungary, the United Kingdom, China, and internationally. It offers heat transfer products, including round tube plate fin construction; gas-fired, hydronic, electric, and oil fired unit heaters; roof-mounted direct- and indirect-fired makeup air units, duct furnaces, infrared units, and perimeter heating products; single packaged unit ventilators, modular chillers, air handler and condensing units, and ceiling cassettes; evaporator unit coolers, remote condensers, fluid coolers, gas coolers, and dry and brine coolers; and motor and generator cooling coils, transformer oil coolers, radiators, dryers, and industrial heat exchangers. The company also provides data center products that consists of IT cooling solutions, including chillers, dry…

13,000 employees · Racine, United States

Rack densities above ~100kW make direct-to-chip liquid cooling the default. CDUs, cold plates and heat rejection scale with GPU power.

Cold plate→CDU→Facility loop→Heat rejection

What would prove us wrong. Weakens if air-cooled designs reclaim high-density AI halls.

Peers at the same bottleneck

Who else supplies this

StockRoleLast1D1MYTDTrend
VRT
Vertiv
Power and liquid-cooling chain for AI racks $200.1+2.98%−21.0%+23.6%
NVT
nVent Electric
Liquid cooling and enclosures $131.0+4.47%−20.2%+29.3%
TT
Trane Technologies
Chillers and thermal systems $455.0+2.27%+0.1%+17.7%
JCI
Johnson Controls
Building systems and data-centre cooling $148.1+2.85%−1.4%+24.7%
3017.TW
Asia Vital Components
Cold plates and liquid cooling modules NT$3,145.00.00%−7.9%+109.5%
3324.TWO
Auras Technology
Liquid-cooling components NT$1,360.00.00%−10.5%+36.2%

Not investment advice. Prices delayed and in local currency. Quotes in "double quotes" are verbatim as reported by the linked source; other commentary is our paraphrase. Earnings dates are estimates.