
Modine Manufacturing Co
NYSE:MOD

Gross Margin
Modine Manufacturing Co
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
Country | Company | Market Cap |
Gross Margin |
||
---|---|---|---|---|---|
US |
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Modine Manufacturing Co
NYSE:MOD
|
4.1B USD |
24%
|
|
KR |
![]() |
Dayou Plus Co Ltd
KRX:000300
|
83.5T KRW |
0%
|
|
JP |
![]() |
Denso Corp
TSE:6902
|
4.8T JPY |
15%
|
|
CN |
![]() |
Fuyao Glass Industry Group Co Ltd
SSE:600660
|
141.2B CNY |
37%
|
|
KR |
![]() |
Hyundai Mobis Co Ltd
KRX:012330
|
21.3T KRW |
14%
|
|
DE |
![]() |
Continental AG
XETRA:CON
|
12.6B EUR |
22%
|
|
CN |
![]() |
Ningbo Tuopu Group Co Ltd
SSE:601689
|
82.7B CNY |
21%
|
|
IE |
![]() |
Aptiv PLC
NYSE:APTV
|
11.4B USD |
19%
|
|
JP |
![]() |
Sumitomo Electric Industries Ltd
TSE:5802
|
1.6T JPY |
18%
|
|
DE |
![]() |
HELLA GmbH & Co KGaA
XETRA:HLE
|
9.4B EUR |
21%
|
|
IN |
![]() |
Samvardhana Motherson International Ltd
NSE:MOTHERSON
|
831.9B INR |
47%
|
Modine Manufacturing Co
Glance View
In the industrial heartland of Racine, Wisconsin, Modine Manufacturing Co. carved out its niche over a century ago, crafting a legacy in thermal management technology. Founded in 1916 by Arthur B. Modine, the company initially specialized in automotive radiators, a foundation that set the stage for its evolution into a global leader in heating and cooling solutions. Over the decades, Modine expanded its expertise across diverse industries, including automotive, commercial, and industrial markets. The company’s prowess lies in its ability to innovate in heat transfer technology, providing critical components such as radiators, condensers, and evaporators. These components are essential for systems that regulate temperature in vehicles, buildings, and industrial processes, showcasing Modine’s adaptability to ever-changing technological demands. Modine thrives on designing and manufacturing components that seamlessly integrate into bigger systems, enabling efficiency and sustainability for their clientele. The company earns its keep by selling these engineered products to a broad spectrum of OEMs (original equipment manufacturers) and aftermarket customers. Revenue streams roll in from its robust line-up, which includes HVAC (heating, ventilation, and air conditioning) products for residential and commercial sectors, thermal management solutions for vehicles, and energy-efficient units geared towards reducing carbon footprints. The firm’s ethos revolves around innovation, which propels its continuous investment in research and development. This commitment ensures that Modine not only stays relevant in traditional markets but also pioneers in emerging sectors like electrification and climate control, positioning itself as a forward-thinking entity in an increasingly eco-conscious world.

See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Modine Manufacturing Co's most recent financial statements, the company has Gross Margin of 24.1%.