Modine

Thermal Management · MOD

A 1916 radiator maker turned data-center cooling supplier, proposing to become Modexus Solutions once its vehicle business separates. The AI thesis rests on whether the new company keeps the margin.

Market snapshot

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Approx. market cap: $10.7B

Market cap is an approximate company profile figure, not a live quote.

Latest on Modine

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Featured · Infrastructure

Modine can leave auto parts. It still has to earn its AI valuation.

Data-center sales nearly doubled as MOD prepares to separate its vehicle business. Shrinking margins and customer-funded cash flow reveal what the new company must prove.

September 15, 2026 · 6 min read