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Side-by-side financial comparison of LEAR CORP (LEA) and MODINE MANUFACTURING CO (MOD). Click either name above to swap in a different company.
LEAR CORP is the larger business by last-quarter revenue ($6.0B vs $805.0M, roughly 7.4× MODINE MANUFACTURING CO). LEAR CORP runs the higher net margin — 1.4% vs -5.9%, a 7.3% gap on every dollar of revenue. On growth, MODINE MANUFACTURING CO posted the faster year-over-year revenue change (30.5% vs 4.8%). LEAR CORP produced more free cash flow last quarter ($281.1M vs $-17.1M). Over the past eight quarters, MODINE MANUFACTURING CO's revenue compounded faster (15.5% CAGR vs -0.1%).
Lear Corporation is an American company that manufactures automotive seating and electrical systems. In 2019, it ranked #147 and in 2018, it ranked #148 on the Fortune 500 list.
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...
LEA vs MOD — Head-to-Head
Income Statement — Q4 2025 vs Q3 2026
| Metric | | |
|---|---|---|
| Revenue | $6.0B | $805.0M |
| Net Profit | $82.7M | $-47.4M |
| Gross Margin | 5.7% | 23.1% |
| Operating Margin | 2.6% | 11.1% |
| Net Margin | 1.4% | -5.9% |
| Revenue YoY | 4.8% | 30.5% |
| Net Profit YoY | -6.1% | -215.6% |
| EPS (diluted) | $1.58 | $-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 | $6.0B | $805.0M | ||
| Q3 25 | $5.7B | $738.9M | ||
| Q2 25 | $6.0B | $682.8M | ||
| Q1 25 | $5.6B | $647.2M | ||
| Q4 24 | $5.7B | $616.8M | ||
| Q3 24 | $5.6B | $658.0M | ||
| Q2 24 | $6.0B | $661.5M | ||
| Q1 24 | $6.0B | $603.5M |
| Q4 25 | $82.7M | $-47.4M | ||
| Q3 25 | $108.2M | $44.4M | ||
| Q2 25 | $165.2M | $51.2M | ||
| Q1 25 | $80.7M | $49.6M | ||
| Q4 24 | $88.1M | $41.0M | ||
| Q3 24 | $135.8M | $46.1M | ||
| Q2 24 | $173.1M | $47.3M | ||
| Q1 24 | $109.6M | $25.8M |
| Q4 25 | 5.7% | 23.1% | ||
| Q3 25 | 6.4% | 22.3% | ||
| Q2 25 | 7.3% | 24.2% | ||
| Q1 25 | 6.5% | 25.6% | ||
| Q4 24 | 6.8% | 24.3% | ||
| Q3 24 | 7.3% | 25.2% | ||
| Q2 24 | 7.5% | 24.6% | ||
| Q1 24 | 6.6% | 22.4% |
| Q4 25 | 2.6% | 11.1% | ||
| Q3 25 | 3.4% | 9.9% | ||
| Q2 25 | 4.1% | 11.1% | ||
| Q1 25 | 3.3% | 11.5% | ||
| Q4 24 | 3.7% | 9.6% | ||
| Q3 24 | 3.9% | 11.4% | ||
| Q2 24 | 4.3% | 11.2% | ||
| Q1 24 | 3.3% | 7.8% |
| Q4 25 | 1.4% | -5.9% | ||
| Q3 25 | 1.9% | 6.0% | ||
| Q2 25 | 2.7% | 7.5% | ||
| Q1 25 | 1.5% | 7.7% | ||
| Q4 24 | 1.5% | 6.6% | ||
| Q3 24 | 2.4% | 7.0% | ||
| Q2 24 | 2.9% | 7.2% | ||
| Q1 24 | 1.8% | 4.3% |
| Q4 25 | $1.58 | $-0.90 | ||
| Q3 25 | $2.02 | $0.83 | ||
| Q2 25 | $3.06 | $0.95 | ||
| Q1 25 | $1.49 | $0.92 | ||
| Q4 24 | $1.64 | $0.76 | ||
| Q3 24 | $2.41 | $0.86 | ||
| Q2 24 | $3.02 | $0.88 | ||
| Q1 24 | $1.90 | $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 | $1.0B | $98.7M |
| Total DebtLower is stronger | $2.7B | $570.7M |
| Stockholders' EquityBook value | $5.0B | $1.1B |
| Total Assets | $14.8B | $2.5B |
| Debt / EquityLower = less leverage | 0.54× | 0.51× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.0B | $98.7M | ||
| Q3 25 | $1.0B | $83.8M | ||
| Q2 25 | $887.9M | $124.5M | ||
| Q1 25 | $779.9M | $71.6M | ||
| Q4 24 | $1.1B | $83.8M | ||
| Q3 24 | $763.9M | $78.6M | ||
| Q2 24 | $950.3M | $72.9M | ||
| Q1 24 | $930.4M | $60.1M |
| Q4 25 | $2.7B | $570.7M | ||
| Q3 25 | $2.8B | $525.8M | ||
| Q2 25 | $2.8B | $482.1M | ||
| Q1 25 | $2.7B | $296.7M | ||
| Q4 24 | $2.7B | $330.0M | ||
| Q3 24 | $2.8B | $359.1M | ||
| Q2 24 | $2.7B | $405.7M | ||
| Q1 24 | $2.7B | $399.9M |
| Q4 25 | $5.0B | $1.1B | ||
| Q3 25 | $5.1B | $1.1B | ||
| Q2 25 | $5.1B | $1.0B | ||
| Q1 25 | $4.7B | $910.2M | ||
| Q4 24 | $4.5B | $855.1M | ||
| Q3 24 | $4.8B | $858.8M | ||
| Q2 24 | $4.8B | $788.4M | ||
| Q1 24 | $4.9B | $747.6M |
| Q4 25 | $14.8B | $2.5B | ||
| Q3 25 | $15.2B | $2.4B | ||
| Q2 25 | $15.3B | $2.2B | ||
| Q1 25 | $14.6B | $1.9B | ||
| Q4 24 | $14.0B | $1.8B | ||
| Q3 24 | $14.8B | $1.9B | ||
| Q2 24 | $14.7B | $1.9B | ||
| Q1 24 | $14.9B | $1.9B |
| Q4 25 | 0.54× | 0.51× | ||
| Q3 25 | 0.54× | 0.50× | ||
| Q2 25 | 0.54× | 0.48× | ||
| Q1 25 | 0.59× | 0.33× | ||
| Q4 24 | 0.61× | 0.39× | ||
| Q3 24 | 0.58× | 0.42× | ||
| Q2 24 | 0.57× | 0.51× | ||
| Q1 24 | 0.56× | 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 | $475.9M | $24.7M |
| Free Cash FlowOCF − Capex | $281.1M | $-17.1M |
| FCF MarginFCF / Revenue | 4.7% | -2.1% |
| Capex IntensityCapex / Revenue | 3.3% | 5.2% |
| Cash ConversionOCF / Net Profit | 5.75× | — |
| TTM Free Cash FlowTrailing 4 quarters | $527.2M | $-20.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $475.9M | $24.7M | ||
| Q3 25 | $444.4M | $1.4M | ||
| Q2 25 | $296.2M | $27.7M | ||
| Q1 25 | $-127.7M | $54.8M | ||
| Q4 24 | $680.8M | $60.7M | ||
| Q3 24 | $182.7M | $57.3M | ||
| Q2 24 | $291.2M | $40.5M | ||
| Q1 24 | $-34.6M | $39.6M |
| Q4 25 | $281.1M | $-17.1M | ||
| Q3 25 | $307.0M | $-30.5M | ||
| Q2 25 | $170.8M | $200.0K | ||
| Q1 25 | $-231.7M | $27.1M | ||
| Q4 24 | $488.7M | $44.7M | ||
| Q3 24 | $50.5M | $43.8M | ||
| Q2 24 | $170.4M | $13.7M | ||
| Q1 24 | $-148.2M | $-4.3M |
| Q4 25 | 4.7% | -2.1% | ||
| Q3 25 | 5.4% | -4.1% | ||
| Q2 25 | 2.8% | 0.0% | ||
| Q1 25 | -4.2% | 4.2% | ||
| Q4 24 | 8.6% | 7.2% | ||
| Q3 24 | 0.9% | 6.7% | ||
| Q2 24 | 2.8% | 2.1% | ||
| Q1 24 | -2.5% | -0.7% |
| Q4 25 | 3.3% | 5.2% | ||
| Q3 25 | 2.4% | 4.3% | ||
| Q2 25 | 2.1% | 4.0% | ||
| Q1 25 | 1.9% | 4.3% | ||
| Q4 24 | 3.4% | 2.6% | ||
| Q3 24 | 2.4% | 2.1% | ||
| Q2 24 | 2.0% | 4.1% | ||
| Q1 24 | 1.9% | 7.3% |
| Q4 25 | 5.75× | — | ||
| Q3 25 | 4.11× | 0.03× | ||
| Q2 25 | 1.79× | 0.54× | ||
| Q1 25 | -1.58× | 1.10× | ||
| Q4 24 | 7.73× | 1.48× | ||
| Q3 24 | 1.35× | 1.24× | ||
| Q2 24 | 1.68× | 0.86× | ||
| Q1 24 | -0.32× | 1.53× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
LEA
| Other | $3.5B | 59% |
| Seating Segment | $1.9B | 32% |
| E Systems Segment | $520.6M | 9% |
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% |
