Modine Manufacturing Operating Margin 2010-2024 | MOD
- Modine Manufacturing average operating margin for 2023 was 8.45%, a 33.49% increase from 2022.
- Modine Manufacturing average operating margin for 2022 was 6.33%, a 337.08% increase from 2021.
- Modine Manufacturing average operating margin for 2021 was -2.67%, a 1435% decline from 2020.
Operating margin can be defined as operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc.