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Side-by-side financial comparison of MODINE MANUFACTURING CO (MOD) and Primerica, Inc. (PRI). Click either name above to swap in a different company.
Primerica, Inc. is the larger business by last-quarter revenue ($853.7M vs $805.0M, roughly 1.1× MODINE MANUFACTURING CO). Primerica, Inc. runs the higher net margin — 23.1% vs -5.9%, a 29.0% gap on every dollar of revenue. On growth, MODINE MANUFACTURING CO posted the faster year-over-year revenue change (30.5% vs 11.0%). Over the past eight quarters, MODINE MANUFACTURING CO's revenue compounded faster (15.5% CAGR vs 7.2%).
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...
Primerica, Inc. is a multi-level marketing company that provides insurance, investment and financial services to middle-income families in the United States and Canada.
MOD vs PRI — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $805.0M | $853.7M |
| Net Profit | $-47.4M | $197.0M |
| Gross Margin | 23.1% | — |
| Operating Margin | 11.1% | 28.9% |
| Net Margin | -5.9% | 23.1% |
| Revenue YoY | 30.5% | 11.0% |
| Net Profit YoY | -215.6% | 17.9% |
| EPS (diluted) | $-0.90 | $6.11 |
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 | $853.7M | ||
| Q3 25 | $738.9M | $839.9M | ||
| Q2 25 | $682.8M | $793.3M | ||
| Q1 25 | $647.2M | $804.8M | ||
| Q4 24 | $616.8M | $768.8M | ||
| Q3 24 | $658.0M | $774.1M | ||
| Q2 24 | $661.5M | $803.4M | ||
| Q1 24 | $603.5M | $742.8M |
| Q4 25 | $-47.4M | $197.0M | ||
| Q3 25 | $44.4M | $206.8M | ||
| Q2 25 | $51.2M | $178.3M | ||
| Q1 25 | $49.6M | $169.1M | ||
| Q4 24 | $41.0M | $167.1M | ||
| Q3 24 | $46.1M | $164.4M | ||
| Q2 24 | $47.3M | $1.2M | ||
| Q1 24 | $25.8M | $137.9M |
| 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% | 98.0% | ||
| Q1 24 | 22.4% | 98.2% |
| Q4 25 | 11.1% | 28.9% | ||
| Q3 25 | 9.9% | 32.3% | ||
| Q2 25 | 11.1% | 29.6% | ||
| Q1 25 | 11.5% | 27.5% | ||
| Q4 24 | 9.6% | 64.7% | ||
| Q3 24 | 11.4% | 32.9% | ||
| Q2 24 | 11.2% | 1.0% | ||
| Q1 24 | 7.8% | 24.1% |
| Q4 25 | -5.9% | 23.1% | ||
| Q3 25 | 6.0% | 24.6% | ||
| Q2 25 | 7.5% | 22.5% | ||
| Q1 25 | 7.7% | 21.0% | ||
| Q4 24 | 6.6% | 21.7% | ||
| Q3 24 | 7.0% | 21.2% | ||
| Q2 24 | 7.2% | 0.1% | ||
| Q1 24 | 4.3% | 18.6% |
| Q4 25 | $-0.90 | $6.11 | ||
| Q3 25 | $0.83 | $6.35 | ||
| Q2 25 | $0.95 | $5.40 | ||
| Q1 25 | $0.92 | $5.05 | ||
| Q4 24 | $0.76 | $4.92 | ||
| Q3 24 | $0.86 | $4.83 | ||
| Q2 24 | $0.88 | $0.03 | ||
| Q1 24 | $0.48 | $3.93 |
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 | $756.2M |
| Total DebtLower is stronger | $570.7M | — |
| Stockholders' EquityBook value | $1.1B | $2.4B |
| Total Assets | $2.5B | $15.0B |
| Debt / EquityLower = less leverage | 0.51× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $98.7M | $756.2M | ||
| Q3 25 | $83.8M | $644.9M | ||
| Q2 25 | $124.5M | $621.2M | ||
| Q1 25 | $71.6M | $625.1M | ||
| Q4 24 | $83.8M | $687.8M | ||
| Q3 24 | $78.6M | $550.1M | ||
| Q2 24 | $72.9M | $627.3M | ||
| Q1 24 | $60.1M | $593.4M |
| 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 | $2.4B | ||
| Q3 25 | $1.1B | $2.3B | ||
| Q2 25 | $1.0B | $2.3B | ||
| Q1 25 | $910.2M | $2.3B | ||
| Q4 24 | $855.1M | $2.3B | ||
| Q3 24 | $858.8M | $1.9B | ||
| Q2 24 | $788.4M | $2.1B | ||
| Q1 24 | $747.6M | $2.2B |
| Q4 25 | $2.5B | $15.0B | ||
| Q3 25 | $2.4B | $14.8B | ||
| Q2 25 | $2.2B | $14.8B | ||
| Q1 25 | $1.9B | $14.6B | ||
| Q4 24 | $1.8B | $14.6B | ||
| Q3 24 | $1.9B | $14.8B | ||
| Q2 24 | $1.9B | $14.6B | ||
| Q1 24 | $1.9B | $14.9B |
| 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 | $338.2M |
| Free Cash FlowOCF − Capex | $-17.1M | — |
| FCF MarginFCF / Revenue | -2.1% | — |
| Capex IntensityCapex / Revenue | 5.2% | — |
| Cash ConversionOCF / Net Profit | — | 1.72× |
| TTM Free Cash FlowTrailing 4 quarters | $-20.3M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $24.7M | $338.2M | ||
| Q3 25 | $1.4M | $202.9M | ||
| Q2 25 | $27.7M | $162.6M | ||
| Q1 25 | $54.8M | $197.5M | ||
| Q4 24 | $60.7M | $270.6M | ||
| Q3 24 | $57.3M | $207.3M | ||
| Q2 24 | $40.5M | $173.3M | ||
| Q1 24 | $39.6M | $210.9M |
| Q4 25 | $-17.1M | — | ||
| Q3 25 | $-30.5M | — | ||
| Q2 25 | $200.0K | — | ||
| Q1 25 | $27.1M | — | ||
| Q4 24 | $44.7M | — | ||
| Q3 24 | $43.8M | — | ||
| Q2 24 | $13.7M | — | ||
| Q1 24 | $-4.3M | — |
| Q4 25 | -2.1% | — | ||
| Q3 25 | -4.1% | — | ||
| Q2 25 | 0.0% | — | ||
| Q1 25 | 4.2% | — | ||
| Q4 24 | 7.2% | — | ||
| Q3 24 | 6.7% | — | ||
| Q2 24 | 2.1% | — | ||
| Q1 24 | -0.7% | — |
| Q4 25 | 5.2% | — | ||
| Q3 25 | 4.3% | — | ||
| Q2 25 | 4.0% | — | ||
| Q1 25 | 4.3% | — | ||
| Q4 24 | 2.6% | — | ||
| Q3 24 | 2.1% | — | ||
| Q2 24 | 4.1% | — | ||
| Q1 24 | 7.3% | — |
| Q4 25 | — | 1.72× | ||
| Q3 25 | 0.03× | 0.98× | ||
| Q2 25 | 0.54× | 0.91× | ||
| Q1 25 | 1.10× | 1.17× | ||
| Q4 24 | 1.48× | 1.62× | ||
| Q3 24 | 1.24× | 1.26× | ||
| Q2 24 | 0.86× | 147.98× | ||
| Q1 24 | 1.53× | 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% |
PRI
| Revenues From Sources Other Than Contracts With Customers | $445.9M | 52% |
| Investment And Savings Products Segment Revenues | $340.3M | 40% |
| Other | $56.5M | 7% |
| Segment Revenues From Contracts With Customers | $11.0M | 1% |
