Modine Manufacturing Company Net Assets
Modine Manufacturing Company net assets. Based on the latest financial reports, Modine Manufacturing Company (MOD) has net assets worth $1.21 Billion USD as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.80 Billion) and total liabilities ($1.59 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. See Modine Manufacturing Company balance sheet quality to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.21 Billion |
| % of Total Assets | 43.28% |
| Annual Growth Rate | 5.83% |
| 5-Year Change | 162.56% |
| 10-Year Change | 185.57% |
| Growth Volatility | 18.33 |
Net Assets of Modine Manufacturing Company (1986–2026)
Net assets of Modine Manufacturing Company from 1986 to 2026. This chart illustrates how Modine Manufacturing Company's net assets have evolved over time, based on quarterly financial data. Also explore Modine Manufacturing Company (MOD) equity growth momentum to track the company's year-over-year net asset growth rate.
Annual Net Assets for Modine Manufacturing Company (1986–2026)
The table below shows the annual net assets of Modine Manufacturing Company from 1986 to 2026. For live market cap and overall valuation, see MOD company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | $1.20 Billion | +31.00% |
| 2025-03-31 | $918.20 Million | +21.54% |
| 2024-03-31 | $755.50 Million | +26.00% |
| 2023-03-31 | $599.60 Million | +30.89% |
| 2022-03-31 | $458.10 Million | +28.64% |
| 2021-03-31 | $356.10 Million | -27.86% |
| 2020-03-31 | $493.60 Million | -8.78% |
| 2019-03-31 | $541.10 Million | +8.55% |
| 2018-03-31 | $498.50 Million | +18.35% |
| 2017-03-31 | $421.20 Million | +10.06% |
| 2016-03-31 | $382.70 Million | +6.13% |
| 2015-03-31 | $360.60 Million | -15.87% |
| 2014-03-31 | $428.60 Million | +59.75% |
| 2013-03-31 | $268.30 Million | -17.81% |
| 2012-03-31 | $326.43 Million | -10.06% |
| 2011-03-31 | $362.95 Million | +11.99% |
| 2010-03-31 | $324.09 Million | +32.91% |
| 2009-03-31 | $243.84 Million | -47.89% |
| 2008-03-31 | $467.91 Million | -5.14% |
| 2007-03-31 | $493.27 Million | -2.41% |
| 2006-03-31 | $505.43 Million | -23.39% |
| 2005-03-31 | $659.78 Million | +12.49% |
| 2004-03-31 | $586.54 Million | +10.59% |
| 2003-03-31 | $530.39 Million | +2.79% |
| 2002-03-31 | $516.00 Million | +2.82% |
| 2001-03-31 | $501.85 Million | +4.50% |
| 2000-03-31 | $480.24 Million | +5.97% |
| 1999-03-31 | $453.20 Million | +7.27% |
| 1998-03-31 | $422.50 Million | +9.54% |
| 1997-03-31 | $385.70 Million | +10.39% |
| 1996-03-31 | $349.40 Million | +13.33% |
| 1995-03-31 | $308.30 Million | +22.49% |
| 1994-03-31 | $251.70 Million | +12.82% |
| 1993-03-31 | $223.10 Million | +3.77% |
| 1992-03-31 | $215.00 Million | +4.88% |
| 1991-03-31 | $205.00 Million | +11.59% |
| 1990-03-31 | $183.70 Million | +7.43% |
| 1989-03-31 | $171.00 Million | +11.04% |
| 1988-03-31 | $154.00 Million | +17.20% |
| 1987-03-31 | $131.40 Million | +5.29% |
| 1986-03-31 | $124.80 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Modine Manufacturing Company's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 818.6% over the analyzed period, indicating profitable operations and earnings retention.
Modine Manufacturing Company Net Assets Breakdown (March 2026)
Modine Manufacturing Company net assets breakdown by equity component as of March 2026.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $964.50 Million | 80.75% |
| Common Stock | $35.60 Million | 2.98% |
| Other Comprehensive Income | $-37.10 Million | -3.11% |
| Other Components | $231.50 Million | 19.38% |
| Total Equity | $1.19 Billion | 100.00% |
Modine Manufacturing Company Competitors by Market Cap
The table below lists competitors of Modine Manufacturing Company ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
DB Insurance Co Ltd
KO:005830
|
$7.26 Billion |
|
ASHTEAD UNSP.ADR/4 LS-10
F:0LCA
|
$7.26 Billion |
|
Xpeng Inc
NYSE:XPEV
|
$7.27 Billion |
|
Nkt A/S
NYSE:NRKBY
|
$7.27 Billion |
|
KT Corporation
KO:030200
|
$7.25 Billion |
|
Quebecor Inc
TO:QBR-B
|
$7.25 Billion |
|
Stockland
AU:SGP
|
$7.24 Billion |
|
Air Lease Corporation
NYSE:AL
|
$7.24 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Modine Manufacturing Company's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 910,200,000 to 1,194,500,000, a change of 284,300,000 (31.2%).
- Net income of 121,800,000 contributed positively to equity growth.
- Share repurchases of 7,000,000 reduced equity.
- Other comprehensive income increased equity by 144,200,000.
- Other factors increased equity by 25,300,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $121.80 Million | +10.2% |
| Share Repurchases | $7.00 Million | -0.59% |
| Other Comprehensive Income | $144.20 Million | +12.07% |
| Other Changes | $25.30 Million | +2.12% |
| Total Change | $- | 31.23% |
Book Value vs Market Value Analysis
This analysis compares Modine Manufacturing Company's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 6.17x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 32.95x to 6.17x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1986-03-31 | $4.14 | $136.51 | x |
| 1987-03-31 | $4.50 | $136.51 | x |
| 1988-03-31 | $5.15 | $136.51 | x |
| 1989-03-31 | $5.75 | $136.51 | x |
| 1990-03-31 | $6.23 | $136.51 | x |
| 1991-03-31 | $6.95 | $136.51 | x |
| 1992-03-31 | $7.32 | $136.51 | x |
| 1993-03-31 | $7.36 | $136.51 | x |
| 1994-03-31 | $8.29 | $136.51 | x |
| 1995-03-31 | $10.10 | $136.51 | x |
| 1996-03-31 | $11.45 | $136.51 | x |
| 1997-03-31 | $12.68 | $136.51 | x |
| 1998-03-31 | $13.93 | $136.51 | x |
| 1999-03-31 | $15.09 | $136.51 | x |
| 2000-03-31 | $14.55 | $136.51 | x |
| 2001-03-31 | $15.81 | $136.51 | x |
| 2002-03-31 | $15.47 | $136.51 | x |
| 2003-03-31 | $15.72 | $136.51 | x |
| 2004-03-31 | $19.58 | $136.51 | x |
| 2005-03-31 | $21.72 | $136.51 | x |
| 2006-03-31 | $14.55 | $136.51 | x |
| 2007-03-31 | $15.26 | $136.51 | x |
| 2008-03-31 | $15.08 | $136.51 | x |
| 2009-03-31 | $7.60 | $136.51 | x |
| 2010-03-31 | $8.19 | $136.51 | x |
| 2011-03-31 | $7.77 | $136.51 | x |
| 2012-03-31 | $6.93 | $136.51 | x |
| 2013-03-31 | $5.70 | $136.51 | x |
| 2014-03-31 | $8.92 | $136.51 | x |
| 2015-03-31 | $7.43 | $136.51 | x |
| 2016-03-31 | $7.94 | $136.51 | x |
| 2017-03-31 | $8.26 | $136.51 | x |
| 2018-03-31 | $9.63 | $136.51 | x |
| 2019-03-31 | $10.41 | $136.51 | x |
| 2020-03-31 | $9.60 | $136.51 | x |
| 2021-03-31 | $6.80 | $136.51 | x |
| 2022-03-31 | $8.58 | $136.51 | x |
| 2023-03-31 | $11.23 | $136.51 | x |
| 2024-03-31 | $14.00 | $136.51 | x |
| 2025-03-31 | $16.89 | $136.51 | x |
| 2026-03-31 | $22.12 | $136.51 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Modine Manufacturing Company utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 10.20%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.83%
- • Asset Turnover: 1.19x
- • Equity Multiplier: 2.24x
- Recent ROE (10.20%) is above the historical average (7.59%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1986 | 16.43% | 6.57% | 1.40x | 1.78x | $8.02 Million |
| 1987 | 14.92% | 5.62% | 1.48x | 1.80x | $6.46 Million |
| 1988 | 16.23% | 6.33% | 1.46x | 1.76x | $9.60 Million |
| 1989 | 15.32% | 6.18% | 1.47x | 1.69x | $9.10 Million |
| 1990 | 13.72% | 5.78% | 1.33x | 1.79x | $6.83 Million |
| 1991 | 14.88% | 6.33% | 1.21x | 1.94x | $10.00 Million |
| 1992 | 13.02% | 5.32% | 1.37x | 1.78x | $6.50 Million |
| 1993 | 8.96% | 3.50% | 1.41x | 1.82x | $-2.31 Million |
| 1994 | 17.48% | 6.57% | 1.31x | 2.03x | $18.83 Million |
| 1995 | 22.19% | 7.49% | 1.55x | 1.91x | $37.57 Million |
| 1996 | 17.57% | 6.20% | 1.47x | 1.92x | $26.46 Million |
| 1997 | 16.54% | 6.39% | 1.44x | 1.80x | $25.23 Million |
| 1998 | 17.16% | 6.97% | 1.37x | 1.80x | $30.25 Million |
| 1999 | 16.31% | 6.65% | 1.21x | 2.02x | $28.58 Million |
| 2000 | 13.62% | 5.74% | 1.22x | 1.94x | $17.38 Million |
| 2001 | 9.99% | 4.86% | 1.18x | 1.74x | $-39.70K |
| 2002 | 4.52% | 2.17% | 1.19x | 1.75x | $-28.25 Million |
| 2003 | 2.39% | 1.16% | 1.20x | 1.72x | $-40.37 Million |
| 2004 | 6.89% | 3.37% | 1.23x | 1.67x | $-18.22 Million |
| 2005 | 9.35% | 3.99% | 1.34x | 1.75x | $-4.32 Million |
| 2006 | 1.51% | 0.47% | 1.55x | 2.08x | $-42.90 Million |
| 2007 | 8.58% | 2.41% | 1.60x | 2.23x | $-6.99 Million |
| 2008 | -13.58% | -3.55% | 1.61x | 2.38x | $-113.91 Million |
| 2009 | -44.54% | -7.71% | 1.65x | 3.49x | $-133.00 Million |
| 2010 | -8.91% | -2.47% | 1.38x | 2.61x | $-60.87 Million |
| 2011 | 1.43% | 0.36% | 1.58x | 2.53x | $-31.10 Million |
| 2012 | 12.04% | 2.48% | 1.76x | 2.75x | $6.62 Million |
| 2013 | -9.11% | -1.76% | 1.68x | 3.08x | $-50.77 Million |
| 2014 | 30.70% | 8.83% | 1.43x | 2.43x | $87.92 Million |
| 2015 | 6.12% | 1.46% | 1.61x | 2.62x | $-13.80 Million |
| 2016 | -0.43% | -0.12% | 1.47x | 2.45x | $-39.22 Million |
| 2017 | 3.43% | 0.94% | 1.04x | 3.50x | $-27.20 Million |
| 2018 | 4.53% | 1.06% | 1.34x | 3.21x | $-26.81 Million |
| 2019 | 15.88% | 3.83% | 1.44x | 2.88x | $31.41 Million |
| 2020 | -0.45% | -0.11% | 1.29x | 3.15x | $-50.99 Million |
| 2021 | -60.42% | -11.65% | 1.42x | 3.66x | $-245.57 Million |
| 2022 | 18.90% | 4.16% | 1.44x | 3.17x | $40.13 Million |
| 2023 | 25.83% | 6.66% | 1.47x | 2.64x | $93.82 Million |
| 2024 | 21.60% | 6.71% | 1.30x | 2.48x | $86.74 Million |
| 2025 | 20.22% | 7.12% | 1.35x | 2.11x | $92.98 Million |
| 2026 | 10.20% | 3.83% | 1.19x | 2.24x | $2.35 Million |
Industry Comparison
This section compares Modine Manufacturing Company's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $2,122,183,406
- Average return on equity (ROE) among peers: 38.77%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Modine Manufacturing Company (MOD) | $1.21 Billion | 16.43% | 1.31x | $7.25 Billion |
| Advance Auto Parts Inc (AAP) | $2.46 Billion | 19.24% | 2.30x | $2.76 Billion |
| Adient PLC (ADNT) | $4.62 Billion | 18.98% | 1.85x | $1.33 Billion |
| Allison Transmission Holdings Inc (ALSN) | $1.44 Billion | 11.50% | 2.34x | $8.93 Billion |
| Autoliv Inc (ALV) | $2.42 Billion | 7.72% | 2.37x | $8.50 Billion |
| Aptiv PLC (APTV) | $8.10 Billion | 22.27% | 1.16x | $9.06 Billion |
| Aspire BioPharma, Inc. (ASBP) | $19.58 Million | 22.80% | 0.02x | $11.84 Million |
| Atmus Filtration Technologies Inc. (ATMU) | $227.40 Million | 81.62% | 4.23x | $3.48 Billion |
| American Axle & Manufacturing (AXL) | $263.70 Million | 43.84% | 5.36x | $1.36 Billion |
| AutoZone Inc (AZO) | $391.01 Million | 146.04% | 9.86x | $47.07 Billion |
| BorgWarner Inc (BWA) | $1.28 Billion | 13.69% | 1.38x | $11.43 Billion |
About Modine Manufacturing Company
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 u… Read more