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Side-by-side financial comparison of MODINE MANUFACTURING CO (MOD) and BeOne Medicines Ltd. (ONC). Click either name above to swap in a different company.
BeOne Medicines Ltd. is the larger business by last-quarter revenue ($1.5B vs $805.0M, roughly 1.9× MODINE MANUFACTURING CO). BeOne Medicines Ltd. runs the higher net margin — 4.4% vs -5.9%, a 10.3% gap on every dollar of revenue. On growth, BeOne Medicines Ltd. posted the faster year-over-year revenue change (32.8% vs 30.5%). BeOne Medicines Ltd. produced more free cash flow last quarter ($379.8M vs $-17.1M). Over the past eight quarters, BeOne Medicines Ltd.'s revenue compounded faster (41.2% CAGR vs 15.5%).
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...
BeOne Medicines Ltd.ONCEarnings & Financial Report
BeOne Medicines, formerly known as BeiGene, Ltd. is a multinational oncology company. It specializes in the development of drugs for cancer treatment.
MOD vs ONC — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $805.0M | $1.5B |
| Net Profit | $-47.4M | $66.5M |
| Gross Margin | 23.1% | 90.5% |
| Operating Margin | 11.1% | 12.4% |
| Net Margin | -5.9% | 4.4% |
| Revenue YoY | 30.5% | 32.8% |
| Net Profit YoY | -215.6% | 143.8% |
| EPS (diluted) | $-0.90 | $0.05 |
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 | $805.0M | $1.5B | ||
| Q3 25 | $738.9M | $1.4B | ||
| Q2 25 | $682.8M | $1.3B | ||
| Q1 25 | $647.2M | $1.1B | ||
| Q4 24 | $616.8M | $1.1B | ||
| Q3 24 | $658.0M | $1.0B | ||
| Q2 24 | $661.5M | $929.2M | ||
| Q1 24 | $603.5M | $751.7M |
| Q4 25 | $-47.4M | $66.5M | ||
| Q3 25 | $44.4M | $124.8M | ||
| Q2 25 | $51.2M | $94.3M | ||
| Q1 25 | $49.6M | $1.3M | ||
| Q4 24 | $41.0M | $-151.9M | ||
| Q3 24 | $46.1M | $-121.3M | ||
| Q2 24 | $47.3M | $-120.4M | ||
| Q1 24 | $25.8M | $-251.2M |
| Q4 25 | 23.1% | 90.5% | ||
| Q3 25 | 22.3% | 86.1% | ||
| Q2 25 | 24.2% | 87.5% | ||
| Q1 25 | 25.6% | 85.2% | ||
| Q4 24 | 24.3% | 85.8% | ||
| Q3 24 | 25.2% | 83.0% | ||
| Q2 24 | 24.6% | 85.1% | ||
| Q1 24 | 22.4% | 83.4% |
| Q4 25 | 11.1% | 12.4% | ||
| Q3 25 | 9.9% | 11.5% | ||
| Q2 25 | 11.1% | 6.7% | ||
| Q1 25 | 11.5% | 1.0% | ||
| Q4 24 | 9.6% | -7.0% | ||
| Q3 24 | 11.4% | -12.0% | ||
| Q2 24 | 11.2% | -11.5% | ||
| Q1 24 | 7.8% | -34.8% |
| Q4 25 | -5.9% | 4.4% | ||
| Q3 25 | 6.0% | 8.8% | ||
| Q2 25 | 7.5% | 7.2% | ||
| Q1 25 | 7.7% | 0.1% | ||
| Q4 24 | 6.6% | -13.5% | ||
| Q3 24 | 7.0% | -12.1% | ||
| Q2 24 | 7.2% | -13.0% | ||
| Q1 24 | 4.3% | -33.4% |
| Q4 25 | $-0.90 | $0.05 | ||
| Q3 25 | $0.83 | $0.08 | ||
| Q2 25 | $0.95 | $0.06 | ||
| Q1 25 | $0.92 | $0.00 | ||
| Q4 24 | $0.76 | $-0.10 | ||
| Q3 24 | $0.86 | $-0.09 | ||
| Q2 24 | $0.88 | $-0.09 | ||
| Q1 24 | $0.48 | $-0.19 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $98.7M | $4.5B |
| Total DebtLower is stronger | $570.7M | $836.4M |
| Stockholders' EquityBook value | $1.1B | $4.4B |
| Total Assets | $2.5B | $8.2B |
| Debt / EquityLower = less leverage | 0.51× | 0.19× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $98.7M | $4.5B | ||
| Q3 25 | $83.8M | $4.0B | ||
| Q2 25 | $124.5M | $2.8B | ||
| Q1 25 | $71.6M | $2.5B | ||
| Q4 24 | $83.8M | $2.6B | ||
| Q3 24 | $78.6M | $2.7B | ||
| Q2 24 | $72.9M | $2.6B | ||
| Q1 24 | $60.1M | $2.8B |
| Q4 25 | $570.7M | $836.4M | ||
| Q3 25 | $525.8M | — | ||
| Q2 25 | $482.1M | — | ||
| Q1 25 | $296.7M | — | ||
| Q4 24 | $330.0M | — | ||
| Q3 24 | $359.1M | — | ||
| Q2 24 | $405.7M | — | ||
| Q1 24 | $399.9M | — |
| Q4 25 | $1.1B | $4.4B | ||
| Q3 25 | $1.1B | $4.1B | ||
| Q2 25 | $1.0B | $3.8B | ||
| Q1 25 | $910.2M | $3.5B | ||
| Q4 24 | $855.1M | $3.3B | ||
| Q3 24 | $858.8M | $3.4B | ||
| Q2 24 | $788.4M | $3.4B | ||
| Q1 24 | $747.6M | $3.4B |
| Q4 25 | $2.5B | $8.2B | ||
| Q3 25 | $2.4B | $7.6B | ||
| Q2 25 | $2.2B | $6.3B | ||
| Q1 25 | $1.9B | $5.8B | ||
| Q4 24 | $1.8B | $5.9B | ||
| Q3 24 | $1.9B | $5.8B | ||
| Q2 24 | $1.9B | $5.7B | ||
| Q1 24 | $1.9B | $5.7B |
| Q4 25 | 0.51× | 0.19× | ||
| Q3 25 | 0.50× | — | ||
| Q2 25 | 0.48× | — | ||
| Q1 25 | 0.33× | — | ||
| Q4 24 | 0.39× | — | ||
| Q3 24 | 0.42× | — | ||
| Q2 24 | 0.51× | — | ||
| Q1 24 | 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 | $24.7M | $417.3M |
| Free Cash FlowOCF − Capex | $-17.1M | $379.8M |
| FCF MarginFCF / Revenue | -2.1% | 25.4% |
| Capex IntensityCapex / Revenue | 5.2% | 2.5% |
| Cash ConversionOCF / Net Profit | — | 6.28× |
| TTM Free Cash FlowTrailing 4 quarters | $-20.3M | $941.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $24.7M | $417.3M | ||
| Q3 25 | $1.4M | $402.6M | ||
| Q2 25 | $27.7M | $263.6M | ||
| Q1 25 | $54.8M | $44.1M | ||
| Q4 24 | $60.7M | $75.2M | ||
| Q3 24 | $57.3M | $188.4M | ||
| Q2 24 | $40.5M | $-95.6M | ||
| Q1 24 | $39.6M | $-308.6M |
| Q4 25 | $-17.1M | $379.8M | ||
| Q3 25 | $-30.5M | $354.5M | ||
| Q2 25 | $200.0K | $219.8M | ||
| Q1 25 | $27.1M | $-12.3M | ||
| Q4 24 | $44.7M | $-17.3M | ||
| Q3 24 | $43.8M | $54.7M | ||
| Q2 24 | $13.7M | $-205.5M | ||
| Q1 24 | $-4.3M | $-465.1M |
| Q4 25 | -2.1% | 25.4% | ||
| Q3 25 | -4.1% | 25.1% | ||
| Q2 25 | 0.0% | 16.7% | ||
| Q1 25 | 4.2% | -1.1% | ||
| Q4 24 | 7.2% | -1.5% | ||
| Q3 24 | 6.7% | 5.5% | ||
| Q2 24 | 2.1% | -22.1% | ||
| Q1 24 | -0.7% | -61.9% |
| Q4 25 | 5.2% | 2.5% | ||
| Q3 25 | 4.3% | 3.4% | ||
| Q2 25 | 4.0% | 3.3% | ||
| Q1 25 | 4.3% | 5.0% | ||
| Q4 24 | 2.6% | 8.2% | ||
| Q3 24 | 2.1% | 13.3% | ||
| Q2 24 | 4.1% | 11.8% | ||
| Q1 24 | 7.3% | 20.8% |
| Q4 25 | — | 6.28× | ||
| Q3 25 | 0.03× | 3.22× | ||
| Q2 25 | 0.54× | 2.79× | ||
| Q1 25 | 1.10× | 34.71× | ||
| Q4 24 | 1.48× | — | ||
| Q3 24 | 1.24× | — | ||
| Q2 24 | 0.86× | — | ||
| Q1 24 | 1.53× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
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% |
ONC
Segment breakdown not available.
