Modine Manufacturing Company (MOD) - Net Assets
Based on the latest financial reports, Modine Manufacturing Company (MOD) has net assets worth $1.13 Billion USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.48 Billion) and total liabilities ($1.35 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. Explore Modine Manufacturing Company (MOD) cash flow conversion to assess how effectively this company generates cash.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.13 Billion |
| % of Total Assets | 45.5% |
| Annual Growth Rate | 5.25% |
| 5-Year Change | 157.85% |
| 10-Year Change | 139.93% |
| Growth Volatility | 18.17 |
Modine Manufacturing Company - Net Assets Trend (1986–2025)
This chart illustrates how Modine Manufacturing Company's net assets have evolved over time, based on quarterly financial data. Explore investment intensity of Modine Manufacturing Company to see how much of total assets are deployed in long-term investments.
Annual Net Assets for Modine Manufacturing Company (1986–2025)
The table below shows the annual net assets of Modine Manufacturing Company from 1986 to 2025. For live valuation and market cap data, see market cap of Modine Manufacturing Company.
| Year | Net Assets | Change |
|---|---|---|
| 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 702.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $843.00 Million | 92.62% |
| Common Stock | $35.30 Million | 3.88% |
| Other Comprehensive Income | $-181.30 Million | -19.92% |
| Other Components | $213.20 Million | 23.42% |
| Total Equity | $910.20 Million | 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 |
|---|---|
|
Korea Electric Power Corporation
F:KOP
|
$14.77 Billion |
|
King Slide Works Co Ltd
TW:2059
|
$14.77 Billion |
|
JULIUS BAER GRP. ADR/1/5
F:JGE1
|
$14.77 Billion |
|
Performance Food Group Co
NYSE:PFGC
|
$14.78 Billion |
|
News Corporation
AU:NWSLV
|
$14.76 Billion |
|
WUXI BIOLOGICS UNSP.ADR/2
F:1FW1
|
$14.75 Billion |
|
Evolution AB (publ)
ST:EVO
|
$14.75 Billion |
|
H.K. CHINA GAS HD-25 ADR
F:HCGS
|
$14.74 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 2024 to 2025, total equity changed from 747,600,000 to 910,200,000, a change of 162,600,000 (21.7%).
- Net income of 184,000,000 contributed positively to equity growth.
- Share repurchases of 30,900,000 reduced equity.
- Other comprehensive income decreased equity by 17,900,000.
- Other factors increased equity by 27,400,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $184.00 Million | +20.22% |
| Share Repurchases | $30.90 Million | -3.39% |
| Other Comprehensive Income | $-17.90 Million | -1.97% |
| Other Changes | $27.40 Million | +3.01% |
| Total Change | $- | 21.75% |
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: 16.58x
- 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 67.56x to 16.58x 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 | $279.93 | x |
| 1987-03-31 | $4.50 | $279.93 | x |
| 1988-03-31 | $5.15 | $279.93 | x |
| 1989-03-31 | $5.75 | $279.93 | x |
| 1990-03-31 | $6.23 | $279.93 | x |
| 1991-03-31 | $6.95 | $279.93 | x |
| 1992-03-31 | $7.32 | $279.93 | x |
| 1993-03-31 | $7.36 | $279.93 | x |
| 1994-03-31 | $8.29 | $279.93 | x |
| 1995-03-31 | $10.10 | $279.93 | x |
| 1996-03-31 | $11.45 | $279.93 | x |
| 1997-03-31 | $12.68 | $279.93 | x |
| 1998-03-31 | $13.93 | $279.93 | x |
| 1999-03-31 | $15.09 | $279.93 | x |
| 2000-03-31 | $14.55 | $279.93 | x |
| 2001-03-31 | $15.81 | $279.93 | x |
| 2002-03-31 | $15.47 | $279.93 | x |
| 2003-03-31 | $15.72 | $279.93 | x |
| 2004-03-31 | $19.58 | $279.93 | x |
| 2005-03-31 | $21.72 | $279.93 | x |
| 2006-03-31 | $14.55 | $279.93 | x |
| 2007-03-31 | $15.26 | $279.93 | x |
| 2008-03-31 | $15.08 | $279.93 | x |
| 2009-03-31 | $7.60 | $279.93 | x |
| 2010-03-31 | $8.19 | $279.93 | x |
| 2011-03-31 | $7.77 | $279.93 | x |
| 2012-03-31 | $6.93 | $279.93 | x |
| 2013-03-31 | $5.70 | $279.93 | x |
| 2014-03-31 | $8.92 | $279.93 | x |
| 2015-03-31 | $7.43 | $279.93 | x |
| 2016-03-31 | $7.94 | $279.93 | x |
| 2017-03-31 | $8.26 | $279.93 | x |
| 2018-03-31 | $9.63 | $279.93 | x |
| 2019-03-31 | $10.41 | $279.93 | x |
| 2020-03-31 | $9.60 | $279.93 | x |
| 2021-03-31 | $6.80 | $279.93 | x |
| 2022-03-31 | $8.58 | $279.93 | x |
| 2023-03-31 | $11.23 | $279.93 | x |
| 2024-03-31 | $14.00 | $279.93 | x |
| 2025-03-31 | $16.89 | $279.93 | 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): 20.22%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.12%
- • Asset Turnover: 1.35x
- • Equity Multiplier: 2.11x
- Recent ROE (20.22%) is above the historical average (7.52%), 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 |
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: $1,436,088,000
- Average return on equity (ROE) among peers: 53.78%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Modine Manufacturing Company (MOD) | $1.13 Billion | 16.43% | 1.20x | $14.76 Billion |
| Advance Auto Parts Inc (AAP) | $1.28 Billion | 21.08% | 1.40x | $3.50 Billion |
| Adient PLC (ADNT) | $2.24 Billion | -18.21% | 3.62x | $1.57 Billion |
| Allison Transmission Holdings Inc (ALSN) | $659.00 Million | 96.97% | 5.43x | $9.47 Billion |
| Autoliv Inc (ALV) | $3.35 Billion | 18.61% | 0.83x | $9.10 Billion |
| Aptiv PLC (APTV) | $2.73 Billion | 53.06% | 3.38x | $13.17 Billion |
| Atmus Filtration Technologies Inc. (ATMU) | $437.20 Million | 38.91% | 0.94x | $4.03 Billion |
| American Axle & Manufacturing (AXL) | $33.60 Million | 281.25% | 89.15x | $1.36 Billion |
| AutoZone Inc (AZO) | $866.21 Million | 20.26% | 2.96x | $49.88 Billion |
| BorgWarner Inc (BWA) | $2.31 Billion | 16.34% | 1.40x | $12.58 Billion |
| China Automotive Systems Inc (CAAS) | $450.70 Million | 9.50% | 1.22x | $141.50 Million |
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. The company 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 mak… Read more