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Modine Manufacturing MOD Net debt / EBITDA

Net debt / EBITDA at other companies

Johnson Controls International logo
Johnson Controls InternationalJCI
0.1×-2.6×
Lennox International logo
Lennox InternationalLII
1.4×+0.2×
Trane Technologies logo
Trane TechnologiesTT
0.9×-0.3×
Vertiv Holdings Co logo
Vertiv Holdings CoVRT
0.3×-0.5×
nVent Electric plc logo
nVent Electric plcNVT
1.7×+0.9×
Comfort Systems USA logo
Comfort Systems USAFIX
-0.3×-1.2×

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 the most recent quarter.

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 net debt / EBITDA?
Modine Manufacturing (MOD) reported net debt / EBITDA of 1.1× in Q1 2026.
How has Modine Manufacturing's net debt / EBITDA changed year-over-year?
Modine Manufacturing's net debt / EBITDA increased by 18.5% year-over-year, from 0.9× to 1.1×.
What is the long-term trend for Modine Manufacturing's net debt / EBITDA?
Over 3 years (2023 to 2026), Modine Manufacturing's net debt / EBITDA has grown at a -9.1% compound annual growth rate (CAGR), from 6.3× to 4.8×.
What does net debt / EBITDA mean?
How many years of operating earnings it would take to pay off the company's net debt.
How do you interpret net debt / EBITDA?
Lower is safer; lenders often covenant around 3–4×. A negative value means net cash (more cash than debt), a position of strength. Spikes can reflect a temporary EBITDA dip rather than new borrowing.
How does net debt / EBITDA compare across companies?
A standard leverage yardstick across non-financial sectors; covenant thresholds vary by industry cash-flow stability.