Modine Manufacturing Co (FRA:MMF) Gross Margin %: 22.50% (As of Mar. 2026) — 33% Above Median


FRA:MMF Modine Manufacturing Co FRA:MMF
73 GF Score
Price €248.50
GF Value €119.74
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Modine Manufacturing Co Gross Margin %?

Modine Manufacturing Co FRA:MMF +2.81% 73 Gross Margin % is 22.50% as of Mar. 2026, which is 33% above its 10-year median of 16.94. GuruFocus rates FRA:MMF with a GF Score™ of 73/100 and a GF Value™ of €119.74 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,313 Vehicles & Parts companies, Modine Manufacturing Co ranks better than 59.1% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Modine Manufacturing Co's Gross Profit for the three months ended in Mar. 2026 was €186 Mil. Modine Manufacturing Co's Revenue for the three months ended in Mar. 2026 was €826 Mil. Therefore, Modine Manufacturing Co's Gross Margin % for the quarter that ended in Mar. 2026 was 22.50%.


The historical rank and industry rank for Modine Manufacturing Co's Gross Margin % or its related term are showing as below:

FRA:MMF' s Gross Margin % Range Over the Past 10 Years
Min: 15.09   Med: 16.94   Max: 24.92
Current: 22.98


During the past 13 years, the highest Gross Margin % of Modine Manufacturing Co was 24.92%. The lowest was 15.09%. And the median was 16.94%.

FRA:MMF's Gross Margin % is ranked better than
59.1% of 1313 companies
in the Vehicles & Parts industry
Industry Median: 19.84 vs FRA:MMF: 22.98

Modine Manufacturing Co had a gross margin of 22.50% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Modine Manufacturing Co was 10.50% per year.


Modine Manufacturing Co  (FRA:MMF) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Modine Manufacturing Co had a gross margin of 22.50% for the quarter that ended in Mar. 2026 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Modine Manufacturing Co Gross Margin % Related Terms


Modine Manufacturing Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Modine Manufacturing Co's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Modine Manufacturing Co Gross Margin % Chart

Modine Manufacturing Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.09 16.95 21.83 24.92 22.98

Modine Manufacturing Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.65 24.22 22.32 23.12 22.50

FRA:MMF vs BWA, AUR, APTV: Gross Margin % Comparison

For the Auto Parts subindustry, Modine Manufacturing Co's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Modine Manufacturing Co Gross Margin % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Modine Manufacturing Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Modine Manufacturing Co's Gross Margin % falls into.


FRA:MMF
73GF Score
Modine Manufacturing Co FRA:MMF
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Modine Manufacturing Co Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Modine Manufacturing Co's Gross Margin for the fiscal year that ended in Mar. 2026 is calculated as

Gross Margin % (A: Mar. 2026 )=Gross Profit (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=632.4 / 2751.651
=(Revenue - Cost of Goods Sold) / Revenue
=(2751.651 - 2119.25) / 2751.651
=22.98 %

Modine Manufacturing Co's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=185.7 / 825.556
=(Revenue - Cost of Goods Sold) / Revenue
=(825.556 - 639.841) / 825.556
=22.50 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 22.50% mean?
Modine Manufacturing Co (FRA:MMF) has a Gross Margin % of 22.50% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Modine Manufacturing Co and its competitors. This is 33% above median its historical median of 16.94. Over the past decade, Modine Manufacturing Co's Gross Margin % has ranged from 15.09 to 24.92. According to the industry distribution chart, Modine Manufacturing Co ranks #537 out of 1313 companies in the Vehicles & Parts industry, placing it in the top 40.9%.
Is Modine Manufacturing Co's Gross Margin % too high?
Modine Manufacturing Co's current Gross Margin % of 22.50% is 33% above median its 10-year median of 16.94. Over the past 10 years, this metric has ranged from a low of 15.09 to a high of 24.92. The Vehicles & Parts industry median Gross Margin % is 19.84. Modine Manufacturing Co's value of 22.50% is 13.4% above this industry median. Based on the distribution chart, Modine Manufacturing Co ranks #537 out of 1313 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Modine Manufacturing Co has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Modine Manufacturing Co's Gross Margin % compare to BWA and AUR?
According to the Vehicles & Parts industry distribution chart, Modine Manufacturing Co ranks #537 out of 1313 companies for Gross Margin %. This puts Modine Manufacturing Co in the upper half of its industry. The industry median Gross Margin % is 19.84. Modine Manufacturing Co's value of 22.50% is 13.4% above this benchmark. Historically, Modine Manufacturing Co's own Gross Margin % has ranged from 15.09 to 24.92 over the past decade. While the company's 10-year median is 16.94 vs. the industry median of 19.84, Modine Manufacturing Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Vehicles & Parts company?
The median Gross Margin % among Vehicles & Parts companies is 19.84, based on 1,313 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Modine Manufacturing Co's current Gross Margin % of 22.50% is 13.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Modine Manufacturing Co and its competitors. For the Vehicles & Parts industry, the median Gross Margin % is 19.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Modine Manufacturing Co's current Gross Margin % is 22.50%, which is 33% above median its own 10-year median of 16.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modine Manufacturing Co stock overvalued right now?
Based on GuruFocus' analysis, Modine Manufacturing Co (FRA:MMF) is currently considered Significantly Overvalued. The stock's GF Value™ is €119.74, compared to a current price of €248.50 — trading 107.5% above its estimated fair value. The current Gross Margin % is 22.50%, which is 33% above median its 10-year median of 16.94 and 13.4% above the Vehicles & Parts industry median of 19.84. Modine Manufacturing Co's overall GF Score™ is 73/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Modine Manufacturing Co (FRA:MMF), the current Gross Margin % is 22.50% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Modine Manufacturing Co (FRA:MMF) Overvalued in 2026?

Based on GuruFocus' analysis, Modine Manufacturing Co stock appears to be overvalued. The current stock price of €248.50 is trading 107.5% above its estimated GF Value™ of €119.74. GuruFocus considers Modine Manufacturing Co to be Significantly Overvalued.

Key valuation signals for FRA:MMF:

  • Gross Margin %: 22.50% (33% above median its 10-year median of 16.94)
  • GF Value™: €119.74 vs. price of €248.50 (107.5% above fair value)
  • GF Score™: 73/100 with 8 warning signs
  • Industry Position: 13.4% above the Vehicles & Parts median (#537 of 1313)

No single metric tells the full story. See the FRA:MMF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Modine Manufacturing Co Business Description

Other Exchanges MOD:USA1MOD:Italy
Address 1500 DeKoven Avenue, Racine, WI, USA, 53403
Modine Manufacturing Co provides thermal management solutions to diversified markets and customers. The company provides engineered heat transfer systems and heat transfer components for use in on- and off-highway original equipment manufacturer (OEM) vehicular applications in the United States. It offers powertrain cooling products, such as engine cooling assemblies, radiators, condensers, and charge air coolers; auxiliary cooling products, including power steering and transmission oil coolers. Its operating segments include Climate Solutions and Performance Technologies.
73GF Score

Get the complete analysis for FRA:MMF

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€248.50
Price
€119.74
GF Value