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Side-by-side financial comparison of MODINE MANUFACTURING CO (MOD) and StoneX Group Inc. (SNEX). Click either name above to swap in a different company.
StoneX Group Inc. is the larger business by last-quarter revenue ($1.2B vs $805.0M, roughly 1.5× MODINE MANUFACTURING CO). StoneX Group Inc. runs the higher net margin — 11.6% vs -5.9%, a 17.5% gap on every dollar of revenue. On growth, StoneX Group Inc. posted the faster year-over-year revenue change (81.0% vs 30.5%). MODINE MANUFACTURING CO produced more free cash flow last quarter ($-17.1M vs $-1.3B). Over the past eight quarters, StoneX Group Inc.'s revenue compounded faster (53.5% 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...
StoneX Group Inc. is an American financial services company. The company operates in six areas: commercial hedging, global payments, securities, physical commodities, foreign exchange and clearing and execution services (CES).
MOD vs SNEX — Head-to-Head
Income Statement — Q3 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $805.0M | $1.2B |
| Net Profit | $-47.4M | $139.0M |
| Gross Margin | 23.1% | — |
| Operating Margin | 11.1% | 15.4% |
| Net Margin | -5.9% | 11.6% |
| Revenue YoY | 30.5% | 81.0% |
| Net Profit YoY | -215.6% | 63.3% |
| EPS (diluted) | $-0.90 | $2.50 |
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 | $1.2B | ||
| Q3 25 | $738.9M | $32.7B | ||
| Q2 25 | $682.8M | $851.2M | ||
| Q1 25 | $647.2M | $820.4M | ||
| Q4 24 | $616.8M | $663.1M | ||
| Q3 24 | $658.0M | $31.1B | ||
| Q2 24 | $661.5M | $571.8M | ||
| Q1 24 | $603.5M | $509.2M |
| Q4 25 | $-47.4M | $139.0M | ||
| Q3 25 | $44.4M | $85.7M | ||
| Q2 25 | $51.2M | $63.4M | ||
| Q1 25 | $49.6M | $71.7M | ||
| Q4 24 | $41.0M | $85.1M | ||
| Q3 24 | $46.1M | $76.7M | ||
| Q2 24 | $47.3M | $61.9M | ||
| Q1 24 | $25.8M | $53.1M |
| Q4 25 | 23.1% | — | ||
| Q3 25 | 22.3% | 3.7% | ||
| Q2 25 | 24.2% | — | ||
| Q1 25 | 25.6% | — | ||
| Q4 24 | 24.3% | — | ||
| Q3 24 | 25.2% | 3.0% | ||
| Q2 24 | 24.6% | — | ||
| Q1 24 | 22.4% | — |
| Q4 25 | 11.1% | 15.4% | ||
| Q3 25 | 9.9% | 0.3% | ||
| Q2 25 | 11.1% | -1.3% | ||
| Q1 25 | 11.5% | -1.0% | ||
| Q4 24 | 9.6% | -3.2% | ||
| Q3 24 | 11.4% | -0.0% | ||
| Q2 24 | 11.2% | -4.7% | ||
| Q1 24 | 7.8% | -2.5% |
| Q4 25 | -5.9% | 11.6% | ||
| Q3 25 | 6.0% | 0.3% | ||
| Q2 25 | 7.5% | 7.4% | ||
| Q1 25 | 7.7% | 8.7% | ||
| Q4 24 | 6.6% | 12.8% | ||
| Q3 24 | 7.0% | 0.2% | ||
| Q2 24 | 7.2% | 10.8% | ||
| Q1 24 | 4.3% | 10.4% |
| Q4 25 | $-0.90 | $2.50 | ||
| Q3 25 | $0.83 | $0.72 | ||
| Q2 25 | $0.95 | $1.22 | ||
| Q1 25 | $0.92 | $1.41 | ||
| Q4 24 | $0.76 | $1.69 | ||
| Q3 24 | $0.86 | $2.32 | ||
| Q2 24 | $0.88 | $1.25 | ||
| Q1 24 | $0.48 | $1.09 |
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 | $1.6B |
| Total DebtLower is stronger | $570.7M | — |
| Stockholders' EquityBook value | $1.1B | $2.5B |
| Total Assets | $2.5B | $47.8B |
| Debt / EquityLower = less leverage | 0.51× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $98.7M | $1.6B | ||
| Q3 25 | $83.8M | $1.6B | ||
| Q2 25 | $124.5M | $1.3B | ||
| Q1 25 | $71.6M | $1.3B | ||
| Q4 24 | $83.8M | $1.4B | ||
| Q3 24 | $78.6M | $1.3B | ||
| Q2 24 | $72.9M | $1.2B | ||
| Q1 24 | $60.1M | $1.3B |
| 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 | $2.5B | ||
| Q3 25 | $1.1B | $2.4B | ||
| Q2 25 | $1.0B | $2.0B | ||
| Q1 25 | $910.2M | $1.9B | ||
| Q4 24 | $855.1M | $1.8B | ||
| Q3 24 | $858.8M | $1.7B | ||
| Q2 24 | $788.4M | $1.6B | ||
| Q1 24 | $747.6M | $1.5B |
| Q4 25 | $2.5B | $47.8B | ||
| Q3 25 | $2.4B | $45.3B | ||
| Q2 25 | $2.2B | $34.3B | ||
| Q1 25 | $1.9B | $31.3B | ||
| Q4 24 | $1.8B | $29.6B | ||
| Q3 24 | $1.9B | $27.5B | ||
| Q2 24 | $1.9B | $25.9B | ||
| Q1 24 | $1.9B | $25.7B |
| 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 | $-1.3B |
| Free Cash FlowOCF − Capex | $-17.1M | $-1.3B |
| FCF MarginFCF / Revenue | -2.1% | -106.4% |
| Capex IntensityCapex / Revenue | 5.2% | 1.3% |
| Cash ConversionOCF / Net Profit | — | -9.08× |
| TTM Free Cash FlowTrailing 4 quarters | $-20.3M | $3.5B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $24.7M | $-1.3B | ||
| Q3 25 | $1.4M | $3.5B | ||
| Q2 25 | $27.7M | $1.5B | ||
| Q1 25 | $54.8M | $-154.5M | ||
| Q4 24 | $60.7M | $-477.8M | ||
| Q3 24 | $57.3M | $192.6M | ||
| Q2 24 | $40.5M | $-622.1M | ||
| Q1 24 | $39.6M | $784.0M |
| Q4 25 | $-17.1M | $-1.3B | ||
| Q3 25 | $-30.5M | $3.5B | ||
| Q2 25 | $200.0K | $1.5B | ||
| Q1 25 | $27.1M | $-169.8M | ||
| Q4 24 | $44.7M | $-491.4M | ||
| Q3 24 | $43.8M | $175.9M | ||
| Q2 24 | $13.7M | $-640.5M | ||
| Q1 24 | $-4.3M | $766.6M |
| Q4 25 | -2.1% | -106.4% | ||
| Q3 25 | -4.1% | 10.7% | ||
| Q2 25 | 0.0% | 173.3% | ||
| Q1 25 | 4.2% | -20.7% | ||
| Q4 24 | 7.2% | -74.1% | ||
| Q3 24 | 6.7% | 0.6% | ||
| Q2 24 | 2.1% | -112.0% | ||
| Q1 24 | -0.7% | 150.5% |
| Q4 25 | 5.2% | 1.3% | ||
| Q3 25 | 4.3% | 0.1% | ||
| Q2 25 | 4.0% | 1.9% | ||
| Q1 25 | 4.3% | 1.9% | ||
| Q4 24 | 2.6% | 2.1% | ||
| Q3 24 | 2.1% | 0.1% | ||
| Q2 24 | 4.1% | 3.2% | ||
| Q1 24 | 7.3% | 3.4% |
| Q4 25 | — | -9.08× | ||
| Q3 25 | 0.03× | 41.18× | ||
| Q2 25 | 0.54× | 23.52× | ||
| Q1 25 | 1.10× | -2.15× | ||
| Q4 24 | 1.48× | -5.61× | ||
| Q3 24 | 1.24× | 2.51× | ||
| Q2 24 | 0.86× | -10.05× | ||
| Q1 24 | 1.53× | 14.76× |
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% |
SNEX
Segment breakdown not available.
