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Side-by-side financial comparison of Atmus Filtration Technologies Inc. (ATMU) and MODINE MANUFACTURING CO (MOD). Click either name above to swap in a different company.
MODINE MANUFACTURING CO is the larger business by last-quarter revenue ($805.0M vs $446.6M, roughly 1.8× Atmus Filtration Technologies Inc.). Atmus Filtration Technologies Inc. runs the higher net margin — 10.7% vs -5.9%, a 16.6% gap on every dollar of revenue. On growth, MODINE MANUFACTURING CO posted the faster year-over-year revenue change (30.5% vs 9.8%). Atmus Filtration Technologies Inc. produced more free cash flow last quarter ($31.2M vs $-17.1M). Over the past eight quarters, MODINE MANUFACTURING CO's revenue compounded faster (15.5% CAGR vs 2.3%).
Atmus Filtration Technologies Inc. designs, manufactures and distributes high-performance filtration products and tailored solutions. Its portfolio covers air, fuel, oil and hydraulic filtration systems, serving global automotive, heavy-duty vehicle, industrial equipment and aerospace end markets, for both original equipment manufacturers and aftermarket replacement customers.
Modine Manufacturing is a thermal management company established in 1916 in the United States. The company started as Modine Manufacturing Company by Arthur B Modine who patented the Spirex radiator for tractors. The Modine company manufactured the Turbotube radiator for Ford Model T cars. The company built the world's first vehicular wind tunnel in Racine, Wisconsin in 1941. During WWII, Modine manufactured aftercoolers for the P-51 Mustang fighter plane. After WWII, Modine introduced the Ai...
ATMU vs MOD — Head-to-Head
Income Statement — Q4 2025 vs Q3 2026
| Metric | | |
|---|---|---|
| Revenue | $446.6M | $805.0M |
| Net Profit | $48.0M | $-47.4M |
| Gross Margin | 28.5% | 23.1% |
| Operating Margin | 15.8% | 11.1% |
| Net Margin | 10.7% | -5.9% |
| Revenue YoY | 9.8% | 30.5% |
| Net Profit YoY | 19.7% | -215.6% |
| EPS (diluted) | $0.58 | $-0.90 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $446.6M | $805.0M | ||
| Q3 25 | $447.7M | $738.9M | ||
| Q2 25 | $453.5M | $682.8M | ||
| Q1 25 | $416.5M | $647.2M | ||
| Q4 24 | $406.7M | $616.8M | ||
| Q3 24 | $403.7M | $658.0M | ||
| Q2 24 | $432.6M | $661.5M | ||
| Q1 24 | $426.6M | $603.5M |
| Q4 25 | $48.0M | $-47.4M | ||
| Q3 25 | $54.8M | $44.4M | ||
| Q2 25 | $59.9M | $51.2M | ||
| Q1 25 | $44.7M | $49.6M | ||
| Q4 24 | $40.1M | $41.0M | ||
| Q3 24 | $43.8M | $46.1M | ||
| Q2 24 | $56.2M | $47.3M | ||
| Q1 24 | $45.5M | $25.8M |
| Q4 25 | 28.5% | 23.1% | ||
| Q3 25 | 28.9% | 22.3% | ||
| Q2 25 | 28.9% | 24.2% | ||
| Q1 25 | 26.5% | 25.6% | ||
| Q4 24 | 26.3% | 24.3% | ||
| Q3 24 | 27.6% | 25.2% | ||
| Q2 24 | 30.5% | 24.6% | ||
| Q1 24 | 26.2% | 22.4% |
| Q4 25 | 15.8% | 11.1% | ||
| Q3 25 | 18.3% | 9.9% | ||
| Q2 25 | 18.0% | 11.1% | ||
| Q1 25 | 15.6% | 11.5% | ||
| Q4 24 | 13.4% | 9.6% | ||
| Q3 24 | 15.7% | 11.4% | ||
| Q2 24 | 18.4% | 11.2% | ||
| Q1 24 | 16.1% | 7.8% |
| Q4 25 | 10.7% | -5.9% | ||
| Q3 25 | 12.2% | 6.0% | ||
| Q2 25 | 13.2% | 7.5% | ||
| Q1 25 | 10.7% | 7.7% | ||
| Q4 24 | 9.9% | 6.6% | ||
| Q3 24 | 10.8% | 7.0% | ||
| Q2 24 | 13.0% | 7.2% | ||
| Q1 24 | 10.7% | 4.3% |
| Q4 25 | $0.58 | $-0.90 | ||
| Q3 25 | $0.66 | $0.83 | ||
| Q2 25 | $0.72 | $0.95 | ||
| Q1 25 | $0.54 | $0.92 | ||
| Q4 24 | $0.49 | $0.76 | ||
| Q3 24 | $0.52 | $0.86 | ||
| Q2 24 | $0.67 | $0.88 | ||
| Q1 24 | $0.54 | $0.48 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $236.4M | $98.7M |
| Total DebtLower is stronger | $570.0M | $570.7M |
| Stockholders' EquityBook value | $378.5M | $1.1B |
| Total Assets | $1.4B | $2.5B |
| Debt / EquityLower = less leverage | 1.51× | 0.51× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $236.4M | $98.7M | ||
| Q3 25 | $218.3M | $83.8M | ||
| Q2 25 | $190.8M | $124.5M | ||
| Q1 25 | $183.3M | $71.6M | ||
| Q4 24 | $184.3M | $83.8M | ||
| Q3 24 | $196.8M | $78.6M | ||
| Q2 24 | $160.5M | $72.9M | ||
| Q1 24 | $149.2M | $60.1M |
| Q4 25 | $570.0M | $570.7M | ||
| Q3 25 | $577.5M | $525.8M | ||
| Q2 25 | $585.0M | $482.1M | ||
| Q1 25 | $588.8M | $296.7M | ||
| Q4 24 | $592.5M | $330.0M | ||
| Q3 24 | $596.2M | $359.1M | ||
| Q2 24 | $600.0M | $405.7M | ||
| Q1 24 | $600.0M | $399.9M |
| Q4 25 | $378.5M | $1.1B | ||
| Q3 25 | $336.7M | $1.1B | ||
| Q2 25 | $316.3M | $1.0B | ||
| Q1 25 | $265.3M | $910.2M | ||
| Q4 24 | $227.4M | $855.1M | ||
| Q3 24 | $221.2M | $858.8M | ||
| Q2 24 | $178.1M | $788.4M | ||
| Q1 24 | $121.8M | $747.6M |
| Q4 25 | $1.4B | $2.5B | ||
| Q3 25 | $1.3B | $2.4B | ||
| Q2 25 | $1.3B | $2.2B | ||
| Q1 25 | $1.2B | $1.9B | ||
| Q4 24 | $1.2B | $1.8B | ||
| Q3 24 | $1.2B | $1.9B | ||
| Q2 24 | $1.2B | $1.9B | ||
| Q1 24 | $1.1B | $1.9B |
| Q4 25 | 1.51× | 0.51× | ||
| Q3 25 | 1.72× | 0.50× | ||
| Q2 25 | 1.85× | 0.48× | ||
| Q1 25 | 2.22× | 0.33× | ||
| Q4 24 | 2.61× | 0.39× | ||
| Q3 24 | 2.70× | 0.42× | ||
| Q2 24 | 3.37× | 0.51× | ||
| Q1 24 | 4.93× | 0.53× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $47.5M | $24.7M |
| Free Cash FlowOCF − Capex | $31.2M | $-17.1M |
| FCF MarginFCF / Revenue | 7.0% | -2.1% |
| Capex IntensityCapex / Revenue | 3.6% | 5.2% |
| Cash ConversionOCF / Net Profit | 0.99× | — |
| TTM Free Cash FlowTrailing 4 quarters | $148.8M | $-20.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $47.5M | $24.7M | ||
| Q3 25 | $82.1M | $1.4M | ||
| Q2 25 | $44.4M | $27.7M | ||
| Q1 25 | $28.7M | $54.8M | ||
| Q4 24 | $20.0M | $60.7M | ||
| Q3 24 | $70.7M | $57.3M | ||
| Q2 24 | $22.9M | $40.5M | ||
| Q1 24 | $-8.2M | $39.6M |
| Q4 25 | $31.2M | $-17.1M | ||
| Q3 25 | $68.9M | $-30.5M | ||
| Q2 25 | $32.4M | $200.0K | ||
| Q1 25 | $16.3M | $27.1M | ||
| Q4 24 | $10.0M | $44.7M | ||
| Q3 24 | $54.3M | $43.8M | ||
| Q2 24 | $11.3M | $13.7M | ||
| Q1 24 | $-18.8M | $-4.3M |
| Q4 25 | 7.0% | -2.1% | ||
| Q3 25 | 15.4% | -4.1% | ||
| Q2 25 | 7.1% | 0.0% | ||
| Q1 25 | 3.9% | 4.2% | ||
| Q4 24 | 2.5% | 7.2% | ||
| Q3 24 | 13.5% | 6.7% | ||
| Q2 24 | 2.6% | 2.1% | ||
| Q1 24 | -4.4% | -0.7% |
| Q4 25 | 3.6% | 5.2% | ||
| Q3 25 | 2.9% | 4.3% | ||
| Q2 25 | 2.6% | 4.0% | ||
| Q1 25 | 3.0% | 4.3% | ||
| Q4 24 | 2.5% | 2.6% | ||
| Q3 24 | 4.1% | 2.1% | ||
| Q2 24 | 2.7% | 4.1% | ||
| Q1 24 | 2.5% | 7.3% |
| Q4 25 | 0.99× | — | ||
| Q3 25 | 1.50× | 0.03× | ||
| Q2 25 | 0.74× | 0.54× | ||
| Q1 25 | 0.64× | 1.10× | ||
| Q4 24 | 0.50× | 1.48× | ||
| Q3 24 | 1.61× | 1.24× | ||
| Q2 24 | 0.41× | 0.86× | ||
| Q1 24 | -0.18× | 1.53× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ATMU
| Fuel Products | $219.1M | 49% |
| Lube | $84.8M | 19% |
| Air | $74.0M | 17% |
| Other | $68.7M | 15% |
| Related Party | $14.9M | 3% |
MOD
| Data Centers | $296.9M | 37% |
| Performance Technologies | $266.0M | 33% |
| Hvac Technologies | $107.1M | 13% |
| Air Cooled | $92.4M | 11% |
| Lb White | $25.6M | 3% |
| Climate By Design | $10.2M | 1% |
| Absolutaire | $7.0M | 1% |
