TTI vs. MOD

Last updated Apr 1, 2026

Compare and contrast key facts about TETRA Technologies, Inc. (TTI) and Modine Manufacturing Company (MOD).

Performance

TTI vs. MOD - Performance Comparison

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

TTI vs. MOD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TTI TETRA Technologies, Inc.	-9.07%	161.73%	-20.80%	30.64%	21.83%	229.66%	-56.05%	16.67%	-60.66%	-12.29%
MOD Modine Manufacturing Company	62.32%	15.16%	94.19%	200.60%	96.83%	-19.67%	63.12%	-28.77%	-46.49%	35.57%

Fundamentals

Market Cap TTI : $1.14B MOD : $11.44B
EPS TTI : $0.03 MOD : $1.83
PE Ratio TTI : 271.46 MOD : 118.40
PEG Ratio TTI : 0.32 MOD : 4.95
PS Ratio TTI : 1.81 MOD : 4.03
PB Ratio TTI : 4.02 MOD : 10.13
Total Revenue (TTM) TTI : $630.93M MOD : $2.87B
Gross Profit (TTM) TTI : $155.95M MOD : $684.00M
EBITDA (TTM) TTI : $80.93M MOD : $264.30M

Returns By Period

In the year-to-date period, TTI achieves a -9.07% return, which is significantly lower than MOD's 62.32% return. Over the past 10 years, TTI has underperformed MOD with an annualized return of 3.51%, while MOD has yielded a comparatively higher 34.74% annualized return.

TTI

• 1D: 1.55%
• 1M: -1.62%
• YTD: -9.07%
• 6M: 48.17%
• 1Y: 153.57%
• 3Y*: 47.59%
• 5Y*: 24.93%
• 10Y*: 3.51%

MOD

• 1D: 7.19%
• 1M: -4.64%
• YTD: 62.32%
• 6M: 52.44%
• 1Y: 182.36%
• 3Y*: 111.06%
• 5Y*: 70.32%
• 10Y*: 34.74%

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

Return for Risk

TTI vs. MOD — Risk / Return Rank

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

TTI

TTI Risk / Return Rank: 89
TTI Sharpe Ratio Rank: 93
TTI Sortino Ratio Rank: 87
TTI Omega Ratio Rank: 87
TTI Calmar Ratio Rank: 89
TTI Martin Ratio Rank: 88

MOD

MOD Risk / Return Rank: 94
MOD Sharpe Ratio Rank: 96
MOD Sortino Ratio Rank: 91
MOD Omega Ratio Rank: 92
MOD Calmar Ratio Rank: 96
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.

TTI vs. MOD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TETRA Technologies, Inc. (TTI) and Modine Manufacturing Company (MOD). 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.

	TTI	MOD	Difference
Sharpe ratio Return per unit of total volatility	2.36	2.72	-0.36
Sortino ratio Return per unit of downside risk	2.59	2.94	-0.35
Omega ratio Gain probability vs. loss probability	1.36	1.41	-0.06
Calmar ratio Return relative to maximum drawdown	3.54	6.30	-2.76
Martin ratio Return relative to average drawdown	9.13	16.81	-7.68
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TTI vs. MOD - Sharpe Ratio Comparison

The current TTI Sharpe Ratio is 2.36, which is comparable to the MOD Sharpe Ratio of 2.72. The chart below compares the historical Sharpe Ratios of TTI and MOD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	TTI	MOD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.36	2.72	-0.36
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.40	1.20	-0.79
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.05	0.60	-0.55
Sharpe Ratio (All Time) Calculated using the full available price history	0.05	0.20	-0.15

Correlation

The correlation between TTI and MOD is 0.27, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

TTI vs. MOD - Dividend Comparison

Neither TTI nor MOD has paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
TTI TETRA Technologies, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	2.34%
MOD Modine Manufacturing Company	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

TTI vs. MOD - Drawdown Comparison

The maximum TTI drawdown since its inception was -99.27%, roughly equal to the maximum MOD drawdown of -97.53%. Use the drawdown chart below to compare losses from any high point for TTI and MOD.

Drawdown Indicators

	TTI	MOD	Difference
Max Drawdown Largest peak-to-trough decline	-99.27%	-97.53%	-1.74%
Max Drawdown (1Y) Largest decline over 1 year	-38.44%	-27.55%	-10.89%
Max Drawdown (5Y) Largest decline over 5 years	-67.43%	-57.47%	-9.96%
Max Drawdown (10Y) Largest decline over 10 years	-96.98%	-88.13%	-8.85%
Current Drawdown Current decline from peak	-71.86%	-9.14%	-62.72%
Average Drawdown Average peak-to-trough decline	-55.68%	-37.84%	-17.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.90%	10.32%	+4.58%

Volatility

TTI vs. MOD - Volatility Comparison

The current volatility for TETRA Technologies, Inc. (TTI) is 14.67%, while Modine Manufacturing Company (MOD) has a volatility of 24.72%. This indicates that TTI experiences smaller price fluctuations and is considered to be less risky than MOD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TTI	MOD	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.67%	24.72%	-10.05%
Volatility (6M) Calculated over the trailing 6-month period	46.58%	49.88%	-3.30%
Volatility (1Y) Calculated over the trailing 1-year period	65.87%	67.49%	-1.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	62.71%	59.11%	+3.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	75.87%	58.16%	+17.71%

Financials

TTI vs. MOD - Profitability Comparison

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

TTI - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, TETRA Technologies, Inc. reported a gross profit of 28.43M and revenue of 146.68M. Therefore, the gross margin over that period was 19.4%.

MOD - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Modine Manufacturing Company reported a gross profit of 186.10M and revenue of 805.00M. Therefore, the gross margin over that period was 23.1%.

TTI - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, TETRA Technologies, Inc. reported an operating income of 2.50M and revenue of 146.68M, resulting in an operating margin of 1.7%.

MOD - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Modine Manufacturing Company reported an operating income of 96.80M and revenue of 805.00M, resulting in an operating margin of 12.0%.

TTI - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, TETRA Technologies, Inc. reported a net income of -15.30M and revenue of 146.68M, resulting in a net margin of -10.4%.

MOD - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Modine Manufacturing Company reported a net income of -47.40M and revenue of 805.00M, resulting in a net margin of -5.9%.