Modine Manufacturing
MOD
$92.83
Share price
2.02%
Change (1 day)
348.89%
Change (1 year)
Operating Margin for Modine Manufacturing (MOD)
Operating Margin as of April 2024 (TTM): 5.45%
According to Modine Manufacturing 's latest financial reports and stock price the company's current Operating Margin is 5.45%. At the end of 2023 the company had an Operating Margin of 5.45%.
Operating Margin history for Modine Manufacturing from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2023 | 5.45% | 10.14% |
| 2022 | 4.95% | -175.05% |
| 2021 | -6.60% | -1353.11% |
| 2020 | 0.53% | -85.58% |
| 2019 | 3.65% | 21.32% |
| 2018 | 3.01% | 117.49% |
| 2017 | 1.38% | -289.06% |
| 2016 | -0.73% | -126.59% |
| 2015 | 2.75% | 69.51% |
| 2014 | 1.62% | -271.92% |
| 2013 | -0.94% | -130.64% |
| 2012 | 3.08% | 251.81% |
| 2011 | 0.88% | -197.43% |
| 2010 | -0.90% | -87.69% |
| 2009 | -7.31% | 539.8% |
| 2008 | -1.14% | -151.1% |
| 2007 | 2.24% | -59.78% |
| 2006 | 5.56% | -11.42% |
| 2005 | 6.27% | 18.16% |
| 2004 | 5.31% | 5.39% |
| 2003 | 5.04% | 35.02% |
| 2002 | 3.73% | -49.24% |
| 2001 | 7.35% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 BorgWarner BWA | 8.06% | 47.89% | 🇺🇸 USA |
 Johnson Controls
JCI | 6.75% | 23.85% | 🇮🇪 Ireland |
 Honeywell HON | 17.98% | 229.91% | 🇺🇸 USA |
 Visteon VC | 5.00% | -8.26% | 🇺🇸 USA |
 Commercial Vehicle Group (CVG) CVGI | 0.55% | -89.91% | 🇺🇸 USA |
 Standard Motor Products (SMP) SMP | 10.04% | 84.22% | 🇺🇸 USA |
 Meritor MTOR | 0.00% | N/A | 🇺🇸 USA |
 Dana DAN | 0.49% | -91.01% | 🇺🇸 USA |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.