Modec Overview
- Year Founded
-
1968
- Status
-
Public
- Employees
-
6,399
- Stock Symbol
-
6269
- Investments
-
7
- Share Price
-
$44.61
- (As of Tuesday Closing)
Modec General Information
Description
Modec Inc operates as a general contractor with specialization in engineering, procurement, construction, and installation of floating production systems. It offers floating production storage and offloading vessels, floating storage and offloading vessels, tension leg platforms, semisubmersibles, and mobile offshore production units. The company also offers operation of its production systems and maintenance services across the globe. Although Modec services offshore markets worldwide, the majority of revenue is derived from Brazilian markets. Modec's vessels are designed to retrieve fluids and gases from reservoirs ranging from subsea to deepwater.
Contact Information
Website
www.modec.comCorporate Office
- Nihonbashi Maruzen Tokyu Building
- 4th & 5th Floors, 3-10, Nihonbashi 2-chome, Chuo-ku
- Tokyo, Chuo-ku 103-0027
- Japan
Corporate Office
- Nihonbashi Maruzen Tokyu Building
- 4th & 5th Floors, 3-10, Nihonbashi 2-chome, Chuo-ku
- Tokyo, Chuo-ku 103-0027
- Japan
Modec Stock Performance
As of 08-Jul-2025, Modec’s stock price is $44.61. Its current market cap is $3.05B with 68.3M shares.
(As of Tuesday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $44.61 | $46.36 | $13.17 - $48.02 | $3.05B | 68.3M | 557K | $3.12 |
Modec Financials Summary
As of 31-Mar-2025, Modec has a trailing 12-month revenue of $4.24B.
|
In Thousands, USD |
TTM 31-Mar-2025 | FY 2024 31-Dec-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 |
|---|---|---|---|---|
| EV | 1,107,737 | 1,250,842 | 841,290 | 583,473 |
| Revenue | 4,236,633 | 4,186,461 | 3,574,924 | 2,739,762 |
| EBITDA | 361,457 | 361,695 | 233,628 | 114,936 |
| Net Income | 213,506 | 220,405 | 96,536 | 37,377 |
| Total Assets | 4,357,917 | 4,496,651 | 3,887,921 | 3,136,213 |
| Total Debt | 500,348 | 514,434 | 570,753 | 393,377 |
Modec Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Modec Comparisons
Industry
Financing
Details
Modec Competitors (22)
One of Modec’s 22 competitors is McDermott International, a Corporation company based in Houston, TX.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| McDermott International | Corporation | Houston, TX | ||||
| Samsung E&A | Corporation | Seoul, South Korea | ||||
| Chiyoda (Construction and Engineering) | Corporation | Yokohama, Japan | ||||
| JGC Holdings | Corporation | Yokohama, Japan | ||||
| Fluor | Corporation | Irving, TX |
Modec Patents
Modec Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| JP-2025095371-A | Mooring rope for tension-moored floating structures | Pending | 14-Dec-2023 | ||
| JP-2023124020-A | Taut mooring floating body, floating structure for mooring preparation, attachment/detachment column, ocean wind power generation facility, and taut mooring method for taut mooring floating body | Pending | 25-Feb-2022 | ||
| JP-2023090703-A | System and method for adjusting length of tension leg platform tether | Active | 01-Sep-2020 | ||
| EP-4208387-A1 | Systems and methods for adjusting the length of tension leg platform tethers | Pending | 01-Sep-2020 | ||
| EP-4208387-A4 | Systems and methods for adjusting the length of tension leg platform tethers | Pending | 01-Sep-2020 | B63B21/502 |
Modec Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Modec Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
Modec Investments & Acquisitions (7)
Modec’s most recent deal was a Joint Venture with Offshore Frontier Solutions. The deal was made on 05-Aug-2022.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Offshore Frontier Solutions | 05-Aug-2022 | Joint Venture | Construction and Engineering | ||
| Euro Techniques Industries | 01-Feb-2020 | Corporate | Other Commercial Services | ||
| Modec Venture 11 | 17-Feb-2011 | Merger/Acquisition | Holding Companies | ||
| Fmc Technologies Floating Systems | 31-Dec-2006 | Merger/Acquisition | Marine | ||
| Cameron Japan | 21-Jul-2006 | Secondary Transaction - Private | Oil and Gas Equipment |
Modec ESG
Risk Overview
Risk Rating
Updated June, 20, 2025
30.3 | High Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
Management
Management is related to actions taken to manage ESG issues
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
of 14,697
Rank
Percentile
Energy Services
Industry
of 97
Rank
Percentile
Oil & Gas Equipment
Subindustry
of 77
Rank
Percentile
Modec Exits (1)
Modec’s most recent exit was on 21-Jul-2006 from Cameron Japan. The exit was categorized as with 2 buyers.
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| Cameron Japan | 21-Jul-2006 | Completed |
|
Modec Affiliates
Subsidiaries (1)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| SOFEC (Machinery) | Houston, TX | 1972 |
Modec FAQs
-
When was Modec founded?
Modec was founded in 1968.
-
Where is Modec headquartered?
Modec is headquartered in Tokyo, Japan.
-
What is the size of Modec?
Modec has 6,399 total employees.
-
What industry is Modec in?
Modec’s primary industry is Construction and Engineering.
-
Is Modec a private or public company?
Modec is a Public company.
-
What is Modec’s stock symbol?
The ticker symbol for Modec is 6269.
-
What is the current stock price of Modec?
As of 08-Jul-2025 the stock price of Modec is $44.61.
-
What is the current market cap of Modec?
The current market capitalization of Modec is $3.05B.
-
What is Modec’s current revenue?
The trailing twelve month revenue for Modec is $4.24B.
-
Who are Modec’s competitors?
McDermott International, Samsung E&A, Chiyoda (Construction and Engineering), JGC Holdings, and Fluor are some of the 22 competitors of Modec.
-
What is Modec’s annual earnings per share (EPS)?
Modec’s EPS for 12 months was $3.12.
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