Modine Manufacturing vs Advanced Drainage Systems
Modine Manufacturing and Advanced Drainage Systems are similar in size: $3.18bn and $3.05bn of revenue in their latest fiscal years. Modine Manufacturing grew faster (23.1% against 5.0%). Advanced Drainage Systems kept more of each dollar of sales as profit: a net margin of 14.0% against 3.8%. Modine Manufacturing carries less debt relative to equity (36.7% against 87.7%).
| Latest fiscal year | Modine ManufacturingMOD, 2026 | Advanced Drainage SystemsWMS, 2026 |
|---|---|---|
| Revenue | $3.18bn | $3.05bn |
| Revenue growth | 23.1% | 5.0% |
| Net income | $122m | $426m |
| Operating margin | 10.8% | 20.3% |
| Net margin | 3.8% | 14.0% |
| Return on equity | 11.5% | 25.2% |
| Free cash flow | $105m | $569m |
| Cash | $73.5m | $223m |
| Total debt | $438m | $1.63bn |
| Debt to equity | 36.7% | 87.7% |
| Dividend per share | — | $0.72 |
| Dividend yield | — | 0.6% |
| Share buybacks | $7.0m | $92.0m |
| Employees | — | — |
| Market value | $6.82bn | $9.69bn |
| Price vs our value range | Above our value range | Within our value range |
| Moat score | 34 (Weak) | 49 (Moderate) |
| Insider trades, 12 months | 0 buys, 40 sales | 0 buys, 9 sales |