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Asset turnover at other companies

Johnson Controls International logo
Johnson Controls InternationalJCI
0.6×+0.1×
Lennox International logo
Lennox InternationalLII
1.4×-0.3×
Trane Technologies logo
Trane TechnologiesTT
0.0×
Vertiv Holdings Co logo
Vertiv Holdings CoVRT
0.9×0.0×
nVent Electric plc logo
nVent Electric plcNVT
0.6×+0.2×
Comfort Systems USA logo
Comfort Systems USAFIX
1.6×-0.1×

Other financials

Income statement

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Revenue$954.4M+47.5%
Gross profit$214.7M+29.3%
Operating income$103.9M+39.5%
Net income$73.3M+47.8%
EPS (diluted)$1.36+46.2%

Balance sheet

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Cash & equivalents$73.5M+2.7%
Total debt$538.5M+32.2%
Total equity$1.2B+31.2%
Total assets$2.7B+39.5%

Cash flow

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Operating cash flow$194.9M+256%
CapEx$42.1M+52.0%
Free cash flow$152.8M+464%

Valuation

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Market cap$15.71B+183%
Enterprise value$16.17B+172%
P/E129.3×+99.1×
P/S4.9×+2.8×

Profitability

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Gross margin23%-1.9pp
Operating margin10.8%-0.2pp
Net margin3.8%-3.3pp

Returns & leverage

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Return on equity11.5%-10.7pp
Debt / equity0.5×0.0×
Current ratio1.9×+0.2×

Where this comes from

Calculated from Modine Manufacturing’s reported figures.

Based on trailing twelve months.

The official record: Modine Manufacturing’s 10-K, filed May 27, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Modine Manufacturing's asset turnover?
Modine Manufacturing (MOD) reported asset turnover of 1.4× in Q1 2026.
How has Modine Manufacturing's asset turnover changed year-over-year?
Modine Manufacturing's asset turnover increased by 1.1% year-over-year, from 1.4× to 1.4×.
What is the long-term trend for Modine Manufacturing's asset turnover?
Over 4 years (2022 to 2026), Modine Manufacturing's asset turnover has grown at a -2.4% compound annual growth rate (CAGR), from 5.8× to 5.2×.
What does asset turnover mean?
How many sales dollars the company generates from each dollar of assets.
How do you interpret asset turnover?
Higher turnover means a more sales-efficient asset base. Low-margin businesses (retail, distribution) compete on high turnover; high-margin ones (software, luxury) on margin.
How does asset turnover compare across companies?
Compare within an industry — turnover differences across sectors reflect business models, not performance.