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Modine Manufacturing MOD Inventory turnover

Inventory turnover at other companies

Johnson Controls International logo
Johnson Controls InternationalJCI
8.4×+2.1×
Lennox International logo
Lennox InternationalLII
3.3×-0.8×
Vertiv Holdings Co logo
Vertiv Holdings CoVRT
4.2×-0.3×
nVent Electric plc logo
nVent Electric plcNVT
6.1×+1.6×
Comfort Systems USA logo
Comfort Systems USAFIX
94.7×-0.1×
BorgWarner logo
BorgWarnerBWA
9.7×+0.7×

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 inventory turnover?
Modine Manufacturing (MOD) reported inventory turnover of 5.8× in Q1 2026.
How has Modine Manufacturing's inventory turnover changed year-over-year?
Modine Manufacturing's inventory turnover increased by 4.2% year-over-year, from 5.6× to 5.8×.
What is the long-term trend for Modine Manufacturing's inventory turnover?
Over 4 years (2022 to 2026), Modine Manufacturing's inventory turnover has grown at a -8.8% compound annual growth rate (CAGR), from 29.4× to 20.3×.
What does inventory turnover mean?
How many times a year the company sells through and restocks its inventory.
How do you interpret inventory turnover?
Higher turnover ties up less cash in stock and reduces obsolescence risk, but too high can signal stock-outs and lost sales. Read against peers and the company's own history.
How does inventory turnover compare across companies?
Only meaningful for businesses that carry inventory; automatically null for asset-light and financial firms with no inventory line.