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Side-by-side financial comparison of MODINE MANUFACTURING CO (MOD) and PJT Partners Inc. (PJT). Click either name above to swap in a different company.
MODINE MANUFACTURING CO is the larger business by last-quarter revenue ($805.0M vs $531.4M, roughly 1.5× PJT Partners Inc.). PJT Partners Inc. runs the higher net margin — 10.0% vs -5.9%, a 15.9% gap on every dollar of revenue. On growth, MODINE MANUFACTURING CO posted the faster year-over-year revenue change (30.5% vs 12.9%). PJT Partners Inc. produced more free cash flow last quarter ($138.6M vs $-17.1M). Over the past eight quarters, PJT Partners Inc.'s revenue compounded faster (27.5% 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...
PJT Partners, Inc. is a global advisory-focused investment bank, founded in October 2015 as part of The Blackstone Group's spin-off of its financial and strategic advisory services businesses.
MOD vs PJT — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $805.0M | $531.4M |
| Net Profit | $-47.4M | $53.4M |
| Gross Margin | 23.1% | — |
| Operating Margin | 11.1% | 23.1% |
| Net Margin | -5.9% | 10.0% |
| Revenue YoY | 30.5% | 12.9% |
| Net Profit YoY | -215.6% | 4.0% |
| EPS (diluted) | $-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 | $805.0M | $531.4M | ||
| Q3 25 | $738.9M | $442.3M | ||
| Q2 25 | $682.8M | $401.1M | ||
| Q1 25 | $647.2M | $321.9M | ||
| Q4 24 | $616.8M | $470.5M | ||
| Q3 24 | $658.0M | $320.3M | ||
| Q2 24 | $661.5M | $358.1M | ||
| Q1 24 | $603.5M | $327.1M |
| Q4 25 | $-47.4M | $53.4M | ||
| Q3 25 | $44.4M | $39.8M | ||
| Q2 25 | $51.2M | $32.9M | ||
| Q1 25 | $49.6M | $54.0M | ||
| Q4 24 | $41.0M | $51.3M | ||
| Q3 24 | $46.1M | $22.1M | ||
| Q2 24 | $47.3M | $28.3M | ||
| Q1 24 | $25.8M | $32.6M |
| Q4 25 | 23.1% | — | ||
| Q3 25 | 22.3% | — | ||
| Q2 25 | 24.2% | — | ||
| Q1 25 | 25.6% | — | ||
| Q4 24 | 24.3% | — | ||
| Q3 24 | 25.2% | — | ||
| Q2 24 | 24.6% | — | ||
| Q1 24 | 22.4% | — |
| Q4 25 | 11.1% | 23.1% | ||
| Q3 25 | 9.9% | 20.6% | ||
| Q2 25 | 11.1% | 19.1% | ||
| Q1 25 | 11.5% | 16.3% | ||
| Q4 24 | 9.6% | 21.9% | ||
| Q3 24 | 11.4% | 15.4% | ||
| Q2 24 | 11.2% | 18.0% | ||
| Q1 24 | 7.8% | 16.5% |
| Q4 25 | -5.9% | 10.0% | ||
| Q3 25 | 6.0% | 9.0% | ||
| Q2 25 | 7.5% | 8.2% | ||
| Q1 25 | 7.7% | 16.8% | ||
| Q4 24 | 6.6% | 10.9% | ||
| Q3 24 | 7.0% | 6.9% | ||
| Q2 24 | 7.2% | 7.9% | ||
| Q1 24 | 4.3% | 10.0% |
| Q4 25 | $-0.90 | — | ||
| Q3 25 | $0.83 | — | ||
| Q2 25 | $0.95 | — | ||
| Q1 25 | $0.92 | — | ||
| Q4 24 | $0.76 | — | ||
| Q3 24 | $0.86 | — | ||
| Q2 24 | $0.88 | — | ||
| Q1 24 | $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 | $98.7M | $538.9M |
| Total DebtLower is stronger | $570.7M | — |
| Stockholders' EquityBook value | $1.1B | $308.2M |
| Total Assets | $2.5B | $1.8B |
| Debt / EquityLower = less leverage | 0.51× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $98.7M | $538.9M | ||
| Q3 25 | $83.8M | $400.5M | ||
| Q2 25 | $124.5M | $214.6M | ||
| Q1 25 | $71.6M | $194.3M | ||
| Q4 24 | $83.8M | $483.9M | ||
| Q3 24 | $78.6M | $148.8M | ||
| Q2 24 | $72.9M | $164.2M | ||
| Q1 24 | $60.1M | $215.5M |
| Q4 25 | $570.7M | — | ||
| 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 | $308.2M | ||
| Q3 25 | $1.1B | $228.6M | ||
| Q2 25 | $1.0B | $167.4M | ||
| Q1 25 | $910.2M | $148.8M | ||
| Q4 24 | $855.1M | $187.0M | ||
| Q3 24 | $858.8M | $159.1M | ||
| Q2 24 | $788.4M | $133.8M | ||
| Q1 24 | $747.6M | $174.6M |
| Q4 25 | $2.5B | $1.8B | ||
| Q3 25 | $2.4B | $1.7B | ||
| Q2 25 | $2.2B | $1.5B | ||
| Q1 25 | $1.9B | $1.4B | ||
| Q4 24 | $1.8B | $1.6B | ||
| Q3 24 | $1.9B | $1.6B | ||
| Q2 24 | $1.9B | $1.4B | ||
| Q1 24 | $1.9B | $1.3B |
| Q4 25 | 0.51× | — | ||
| 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 | $155.7M |
| Free Cash FlowOCF − Capex | $-17.1M | $138.6M |
| FCF MarginFCF / Revenue | -2.1% | 26.1% |
| Capex IntensityCapex / Revenue | 5.2% | 3.2% |
| Cash ConversionOCF / Net Profit | — | 2.92× |
| TTM Free Cash FlowTrailing 4 quarters | $-20.3M | $480.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $24.7M | $155.7M | ||
| Q3 25 | $1.4M | $256.1M | ||
| Q2 25 | $27.7M | $190.4M | ||
| Q1 25 | $54.8M | $-75.9M | ||
| Q4 24 | $60.7M | $195.7M | ||
| Q3 24 | $57.3M | $180.5M | ||
| Q2 24 | $40.5M | $193.6M | ||
| Q1 24 | $39.6M | $-38.8M |
| Q4 25 | $-17.1M | $138.6M | ||
| Q3 25 | $-30.5M | $240.9M | ||
| Q2 25 | $200.0K | $178.9M | ||
| Q1 25 | $27.1M | $-77.9M | ||
| Q4 24 | $44.7M | $195.3M | ||
| Q3 24 | $43.8M | $178.5M | ||
| Q2 24 | $13.7M | $193.0M | ||
| Q1 24 | $-4.3M | $-39.2M |
| Q4 25 | -2.1% | 26.1% | ||
| Q3 25 | -4.1% | 54.5% | ||
| Q2 25 | 0.0% | 44.6% | ||
| Q1 25 | 4.2% | -24.2% | ||
| Q4 24 | 7.2% | 41.5% | ||
| Q3 24 | 6.7% | 55.7% | ||
| Q2 24 | 2.1% | 53.9% | ||
| Q1 24 | -0.7% | -12.0% |
| Q4 25 | 5.2% | 3.2% | ||
| Q3 25 | 4.3% | 3.4% | ||
| Q2 25 | 4.0% | 2.9% | ||
| Q1 25 | 4.3% | 0.6% | ||
| Q4 24 | 2.6% | 0.1% | ||
| Q3 24 | 2.1% | 0.6% | ||
| Q2 24 | 4.1% | 0.1% | ||
| Q1 24 | 7.3% | 0.1% |
| Q4 25 | — | 2.92× | ||
| Q3 25 | 0.03× | 6.43× | ||
| Q2 25 | 0.54× | 5.79× | ||
| Q1 25 | 1.10× | -1.41× | ||
| Q4 24 | 1.48× | 3.81× | ||
| Q3 24 | 1.24× | 8.15× | ||
| Q2 24 | 0.86× | 6.84× | ||
| Q1 24 | 1.53× | -1.19× |
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% |
PJT
Segment breakdown not available.
