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Side-by-side financial comparison of MODINE MANUFACTURING CO (MOD) and ZIONS BANCORPORATION, NATIONAL ASSOCIATION (ZION). Click either name above to swap in a different company.
ZIONS BANCORPORATION, NATIONAL ASSOCIATION is the larger business by last-quarter revenue ($891.0M vs $805.0M, roughly 1.1× MODINE MANUFACTURING CO). ZIONS BANCORPORATION, NATIONAL ASSOCIATION runs the higher net margin — 29.5% vs -5.9%, a 35.4% gap on every dollar of revenue. On growth, MODINE MANUFACTURING CO posted the faster year-over-year revenue change (30.5% vs 8.7%). ZIONS BANCORPORATION, NATIONAL ASSOCIATION produced more free cash flow last quarter ($952.0M vs $-17.1M). Over the past eight quarters, MODINE MANUFACTURING CO's revenue compounded faster (15.5% CAGR vs 9.6%).
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...
Zions Bancorporation is an American national bank headquartered in Salt Lake City, Utah. It operates as a national bank rather than as a bank holding company and does business under the following seven brands: Zions Bank, Amegy Bank of Texas, California Bank and Trust, National Bank of Arizona, Nevada State Bank, Vectra Bank Colorado, and the Commerce Bank of Washington.
MOD vs ZION — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $805.0M | $891.0M |
| Net Profit | $-47.4M | $263.0M |
| Gross Margin | 23.1% | — |
| Operating Margin | 11.1% | — |
| Net Margin | -5.9% | 29.5% |
| Revenue YoY | 30.5% | 8.7% |
| Net Profit YoY | -215.6% | 21.8% |
| EPS (diluted) | $-0.90 | $1.77 |
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 | $891.0M | ||
| Q3 25 | $738.9M | $861.0M | ||
| Q2 25 | $682.8M | $838.0M | ||
| Q1 25 | $647.2M | $795.0M | ||
| Q4 24 | $616.8M | $820.0M | ||
| Q3 24 | $658.0M | $792.0M | ||
| Q2 24 | $661.5M | $777.0M | ||
| Q1 24 | $603.5M | $742.0M |
| Q4 25 | $-47.4M | $263.0M | ||
| Q3 25 | $44.4M | $222.0M | ||
| Q2 25 | $51.2M | $244.0M | ||
| Q1 25 | $49.6M | $170.0M | ||
| Q4 24 | $41.0M | $216.0M | ||
| Q3 24 | $46.1M | $214.0M | ||
| Q2 24 | $47.3M | $201.0M | ||
| Q1 24 | $25.8M | $153.0M |
| 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% | — | ||
| Q3 25 | 9.9% | — | ||
| Q2 25 | 11.1% | — | ||
| Q1 25 | 11.5% | — | ||
| Q4 24 | 9.6% | — | ||
| Q3 24 | 11.4% | — | ||
| Q2 24 | 11.2% | — | ||
| Q1 24 | 7.8% | — |
| Q4 25 | -5.9% | 29.5% | ||
| Q3 25 | 6.0% | 25.8% | ||
| Q2 25 | 7.5% | 29.1% | ||
| Q1 25 | 7.7% | 21.4% | ||
| Q4 24 | 6.6% | 26.3% | ||
| Q3 24 | 7.0% | 27.0% | ||
| Q2 24 | 7.2% | 25.9% | ||
| Q1 24 | 4.3% | 20.6% |
| Q4 25 | $-0.90 | $1.77 | ||
| Q3 25 | $0.83 | $1.48 | ||
| Q2 25 | $0.95 | $1.63 | ||
| Q1 25 | $0.92 | $1.13 | ||
| Q4 24 | $0.76 | $1.34 | ||
| Q3 24 | $0.86 | $1.37 | ||
| Q2 24 | $0.88 | $1.28 | ||
| Q1 24 | $0.48 | $0.96 |
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 | — |
| Total DebtLower is stronger | $570.7M | $1.5B |
| Stockholders' EquityBook value | $1.1B | $7.2B |
| Total Assets | $2.5B | $89.0B |
| Debt / EquityLower = less leverage | 0.51× | 0.21× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $98.7M | — | ||
| Q3 25 | $83.8M | — | ||
| Q2 25 | $124.5M | — | ||
| Q1 25 | $71.6M | — | ||
| Q4 24 | $83.8M | — | ||
| Q3 24 | $78.6M | — | ||
| Q2 24 | $72.9M | — | ||
| Q1 24 | $60.1M | — |
| Q4 25 | $570.7M | $1.5B | ||
| Q3 25 | $525.8M | $1.5B | ||
| Q2 25 | $482.1M | $970.0M | ||
| Q1 25 | $296.7M | $964.0M | ||
| Q4 24 | $330.0M | $950.0M | ||
| Q3 24 | $359.1M | $548.0M | ||
| Q2 24 | $405.7M | $546.0M | ||
| Q1 24 | $399.9M | $544.0M |
| Q4 25 | $1.1B | $7.2B | ||
| Q3 25 | $1.1B | $6.9B | ||
| Q2 25 | $1.0B | $6.6B | ||
| Q1 25 | $910.2M | $6.3B | ||
| Q4 24 | $855.1M | $6.1B | ||
| Q3 24 | $858.8M | $6.4B | ||
| Q2 24 | $788.4M | $6.0B | ||
| Q1 24 | $747.6M | $5.8B |
| Q4 25 | $2.5B | $89.0B | ||
| Q3 25 | $2.4B | $88.5B | ||
| Q2 25 | $2.2B | $88.9B | ||
| Q1 25 | $1.9B | $88.0B | ||
| Q4 24 | $1.8B | $88.8B | ||
| Q3 24 | $1.9B | $87.0B | ||
| Q2 24 | $1.9B | $87.6B | ||
| Q1 24 | $1.9B | $87.1B |
| Q4 25 | 0.51× | 0.21× | ||
| Q3 25 | 0.50× | 0.21× | ||
| Q2 25 | 0.48× | 0.15× | ||
| Q1 25 | 0.33× | 0.15× | ||
| Q4 24 | 0.39× | 0.16× | ||
| Q3 24 | 0.42× | 0.09× | ||
| Q2 24 | 0.51× | 0.09× | ||
| Q1 24 | 0.53× | 0.09× |
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 | $1.1B |
| Free Cash FlowOCF − Capex | $-17.1M | $952.0M |
| FCF MarginFCF / Revenue | -2.1% | 106.8% |
| Capex IntensityCapex / Revenue | 5.2% | 13.6% |
| Cash ConversionOCF / Net Profit | — | 4.08× |
| TTM Free Cash FlowTrailing 4 quarters | $-20.3M | $1.4B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $24.7M | $1.1B | ||
| Q3 25 | $1.4M | $438.0M | ||
| Q2 25 | $27.7M | $-62.0M | ||
| Q1 25 | $54.8M | $179.0M | ||
| Q4 24 | $60.7M | $1.1B | ||
| Q3 24 | $57.3M | $119.0M | ||
| Q2 24 | $40.5M | $251.0M | ||
| Q1 24 | $39.6M | $261.0M |
| Q4 25 | $-17.1M | $952.0M | ||
| Q3 25 | $-30.5M | $413.0M | ||
| Q2 25 | $200.0K | $-93.0M | ||
| Q1 25 | $27.1M | $152.0M | ||
| Q4 24 | $44.7M | $1.1B | ||
| Q3 24 | $43.8M | $97.0M | ||
| Q2 24 | $13.7M | $234.0M | ||
| Q1 24 | $-4.3M | $231.0M |
| Q4 25 | -2.1% | 106.8% | ||
| Q3 25 | -4.1% | 48.0% | ||
| Q2 25 | 0.0% | -11.1% | ||
| Q1 25 | 4.2% | 19.1% | ||
| Q4 24 | 7.2% | 128.2% | ||
| Q3 24 | 6.7% | 12.2% | ||
| Q2 24 | 2.1% | 30.1% | ||
| Q1 24 | -0.7% | 31.1% |
| Q4 25 | 5.2% | 13.6% | ||
| Q3 25 | 4.3% | 2.9% | ||
| Q2 25 | 4.0% | 3.7% | ||
| Q1 25 | 4.3% | 3.4% | ||
| Q4 24 | 2.6% | 11.8% | ||
| Q3 24 | 2.1% | 2.8% | ||
| Q2 24 | 4.1% | 2.2% | ||
| Q1 24 | 7.3% | 4.0% |
| Q4 25 | — | 4.08× | ||
| Q3 25 | 0.03× | 1.97× | ||
| Q2 25 | 0.54× | -0.25× | ||
| Q1 25 | 1.10× | 1.05× | ||
| Q4 24 | 1.48× | 5.31× | ||
| Q3 24 | 1.24× | 0.56× | ||
| Q2 24 | 0.86× | 1.25× | ||
| Q1 24 | 1.53× | 1.71× |
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% |
ZION
Segment breakdown not available.
