MOD vs. REVG

Last updated Jun 9, 2026

MOD (Modine Manufacturing Company) and REVG (REV Group, Inc.) are both stocks. MOD operates in Auto Parts (Consumer Cyclical), while REVG operates in Farm & Heavy Construction Machinery (Industrials). Over the past 5 years, MOD returned 73.77%/yr vs 32.82%/yr for REVG. At a 0.42 correlation, their price movements are largely independent.

Performance

MOD vs. REVG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Modine Manufacturing Company (MOD) and REV Group, Inc. (REVG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MOD achieves a 106.15% return, which is significantly higher than REVG's 5.08% return.

MOD

• 1D: -0.46%
• 1M: 0.82%
• YTD: 106.15%
• 6M: 78.85%
• 1Y: 193.99%
• 3Y*: 104.57%
• 5Y*: 73.77%
• 10Y*: 39.33%

REVG

• 1D: 0.00%
• 1M: 0.00%
• YTD: 5.08%
• 6M: 14.67%
• 1Y: 43.05%
• 3Y*: 89.79%
• 5Y*: 32.82%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

MOD vs. REVG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MOD Modine Manufacturing Company	106.15%	15.16%	94.19%	200.60%	96.83%	-19.67%	63.12%	-28.77%	-46.49%	50.19%
REVG REV Group, Inc.	5.08%	91.79%	108.93%	46.01%	-9.35%	62.15%	-26.83%	65.71%	-76.63%	27.02%

Correlation

The correlation between MOD and REVG is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.23
Correlation (3Y) Calculated over the trailing 3-year period	0.40
Correlation (5Y) Calculated over the trailing 5-year period	0.44
Correlation (All Time) Calculated using the full available price history since Jan 27, 2017	0.42

The correlation between MOD and REVG shifts across timeframes, from 0.23 (1 year) to 0.44 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap MOD : $14.86B REVG : $3.15B
EPS MOD : $4.66 REVG : $1.93
PE Ratio MOD : 59.05 REVG : 33.05
PEG Ratio MOD : 3.81 REVG : 0.22
PS Ratio MOD : 4.64 REVG : 1.28
PB Ratio MOD : 12.36 REVG : 7.57
Total Revenue (TTM) MOD : $3.18B REVG : $2.46B
Gross Profit (TTM) MOD : $731.10M REVG : $369.80M
EBITDA (TTM) MOD : $276.90M REVG : $168.60M

Return for Risk

MOD vs. REVG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MOD

MOD Risk / Return Rank: 93
MOD Sharpe Ratio Rank: 95
MOD Sortino Ratio Rank: 91
MOD Omega Ratio Rank: 90
MOD Calmar Ratio Rank: 95
MOD Martin Ratio Rank: 96

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MOD vs. REVG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Modine Manufacturing Company (MOD) and REV Group, Inc. (REVG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	MOD	REVG	Difference
Sharpe ratio: Return per unit of total volatility	2.94	1.74	+1.21
Sortino ratio: Return per unit of downside risk	3.19	2.55	+0.64
Omega ratio: Gain probability vs. loss probability	1.42	1.40	+0.02
Calmar ratio: Return relative to maximum drawdown	7.09	2.20	+4.89
Martin ratio: Return relative to average drawdown	20.47	6.08	+14.39
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MOD vs. REVG - Sharpe Ratio Comparison

The current MOD Sharpe Ratio is 2.94, which is higher than the REVG Sharpe Ratio of 1.74. The chart below compares the historical Sharpe Ratios of MOD and REVG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	MOD	REVG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.94	1.74	+1.21
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.23	0.76	+0.48
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.67	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.21	0.27	-0.05

Drawdowns

MOD vs. REVG - Drawdown Comparison

The maximum MOD drawdown since its inception was -97.53%, which is greater than REVG's maximum drawdown of -88.07%. Use the drawdown chart below to compare losses from any high point for MOD and REVG.

Drawdown Indicators

	MOD	REVG	Difference
Max Drawdown Largest peak-to-trough decline	-97.53%	-88.07%	-9.46%
Max Drawdown (1Y) Largest decline over 1 year	-27.55%	-23.48%	-4.07%
Max Drawdown (3Y) Largest decline over 3 years	-51.61%	-23.48%	-28.13%
Max Drawdown (5Y) Largest decline over 5 years	-56.14%	-43.74%	-12.40%
Max Drawdown (10Y) Largest decline over 10 years	-88.13%	—	—
Current Drawdown Current decline from peak	-10.32%	-7.32%	-3.00%
Average Drawdown Average peak-to-trough decline	-37.67%	-40.91%	+3.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.52%	8.34%	+1.18%

Volatility

MOD vs. REVG - Volatility Comparison

Modine Manufacturing Company (MOD) has a higher volatility of 24.73% compared to REV Group, Inc. (REVG) at 0.00%. This indicates that MOD's price experiences larger fluctuations and is considered to be riskier than REVG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MOD	REVG	Difference
Volatility (1M) Calculated over the trailing 1-month period	24.73%	0.00%	+24.73%
Volatility (6M) Calculated over the trailing 6-month period	52.64%	13.38%	+39.26%
Volatility (1Y) Calculated over the trailing 1-year period	66.47%	29.72%	+36.75%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	60.28%	43.95%	+16.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	58.81%	51.58%	+7.23%

Dividends

MOD vs. REVG - Dividend Comparison

Neither MOD nor REVG has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
MOD Modine Manufacturing Company	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
REVG REV Group, Inc.	0.28%	0.39%	10.07%	1.10%	1.58%	1.06%	1.14%	1.64%	2.66%	0.46%

Financials

MOD vs. REVG - Profitability Comparison

The chart below illustrates the profitability comparison between Modine Manufacturing Company and REV Group, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

MOD - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Modine Manufacturing Company reported a gross profit of 214.70M and revenue of 954.40M. Therefore, the gross margin over that period was 22.5%.

REVG - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, REV Group, Inc. reported a gross profit of 102.60M and revenue of 664.40M. Therefore, the gross margin over that period was 15.4%.

MOD - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Modine Manufacturing Company reported an operating income of 96.40M and revenue of 954.40M, resulting in an operating margin of 10.1%.

REVG - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, REV Group, Inc. reported an operating income of 57.60M and revenue of 664.40M, resulting in an operating margin of 8.7%.

MOD - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Modine Manufacturing Company reported a net income of 201.50M and revenue of 954.40M, resulting in a net margin of 21.1%.

REVG - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, REV Group, Inc. reported a net income of 28.90M and revenue of 664.40M, resulting in a net margin of 4.4%.

Frequently Asked Questions

Can I hold both MOD and REVG in my portfolio?

MOD and REVG have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MOD or REVG?

MOD has higher volatility (24.73%) compared to REVG (0.00%). In terms of maximum drawdown, MOD dropped -97.53% vs REVG's -88.07%.

Which has better risk-adjusted returns?

MOD currently has the higher Sharpe Ratio (2.94 vs 1.74), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.