Modine Manufacturing
MOD · NYSE · Consumer Cyclical
$193.11
$4.40 (-2.28%) today
Market Cap
$10.26B
24h Volume
$208.8M
P/E Ratio
72.1
52w High
$306.89
52w Low
$119.68
Est. AI Revenue
40%
7-Day Sparkline (Static)
Company facts
Performance
About Modine Manufacturing
Modine Manufacturing is a thermal management company: it builds the equipment that moves heat out of machines. Its historical base is heating, ventilation, and vehicle thermal products, sold to commercial and industrial customers.
The growth engine now is data center cooling. Through its Airedale business, Modine sells coolant distribution units, chillers, and computer room air handlers, the systems that keep racks of hot-running AI hardware within operating temperature. As data centers pack in more power-dense computing, cooling demand rises with them.
Founded in 1916 and headquartered in Racine, Wisconsin, Modine trades on the NYSE and employs about 13,000 people under CEO Neil Brinker.
Modine Manufacturing in the AI buildout
Modine sits in the Cooling & Thermal layer of the buildout, with a foot in Data Centers & Hardware. Every AI data center needs to shed enormous amounts of heat, and Modine's Airedale unit supplies the CDUs, chillers, and CRAHs that do it. Data center cooling has become the company's growth engine and the reason investors follow the stock, layered on a legacy vehicle and HVAC thermal business. Supercycle scores it 55 out of 100.
MOD is tracked in Cooling & Thermal and Data Centers & Hardware, rated Strategic on the AI Exposure leaderboard.
By the numbers
52-week range
MOD trades at $193.11, 39% of the way up its 52-week range of $119.68 to $306.89.
Market cap
Market capitalization is $10.26B, with an AI Exposure Score of 55 out of 100.
Valuation vs peers
Its P/E ratio of 72.1 is above the Cooling & Thermal category median of 41.2.
Next earnings
Modine Manufacturing is next expected to report earnings on October 27, 2026.
Market data as of the close on . Prices are end of day, not live.
Frequently asked questions
What does Modine Manufacturing do?
Modine builds thermal management equipment. Its legacy business is vehicle and HVAC thermal products, and its Airedale unit sells data center cooling systems including CDUs, chillers, and air handlers.
How is Modine exposed to AI?
Through cooling demand. AI data centers run hot, and Modine's Airedale cooling business has become its growth engine as buildout activity accelerates. Supercycle scores it 55 out of 100.
What does Modine sell into data centers?
Coolant distribution units, chillers, and computer room air handlers through its Airedale business. These systems remove heat from dense computing halls so servers can run continuously.
Where is Modine headquartered and who leads it?
Modine is headquartered in Racine, Wisconsin, was founded in 1916, and is led by CEO Neil Brinker. It employs about 13,000 people and trades on the NYSE.
Is MOD a pure play AI stock?
No, but exposure is substantial. Data center cooling is the growth driver, while legacy vehicle and HVAC products remain a large base. Supercycle scores it 55 out of 100.
Profile written 2026-08, updated as the business changes. Editorial content, not investment advice.
Related reading
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