Modine Manufacturing Company (MOD)

Consumer Cyclical | Auto Parts
Income Statement (Quarterly) 2025-09-30 2025-06-30 2024-12-31 2024-09-30
Revenue 738,900,000 682,800,000 616,800,000 658,000,000
Cost of Revenue 574,000,000 517,400,000 467,200,000 492,400,000
Gross Profit 164,900,000 165,400,000 149,600,000 165,600,000
Operating Expenses
R&D Expenses 0 0 0 0
SG&A Expenses 84,200,000 84,900,000 83,200,000 85,800,000
Operating Expenses 91,400,000 89,700,000 90,300,000 85,800,000
Operating Income 73,500,000 75,700,000 59,300,000 75,300,000
Interest Expense 8,300,000 5,800,000 6,200,000 7,400,000
Income Before Tax 63,700,000 65,700,000 54,200,000 66,400,000
Income Tax Expense 18,900,000 14,000,000 13,000,000 20,000,000
Net Income 44,400,000 51,200,000 41,000,000 46,100,000
Per Share
EPS 0.84 0.95 0.76 0.88
EPS Diluted 0.00 0.00 0.00 0.00
Income Statement (Annual) 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Revenue 2,583,500,000 2,407,800,000 2,297,900,000 2,050,100,000 1,808,400,000
Cost of Revenue 1,938,100,000 1,882,200,000 1,908,500,000 1,740,800,000 1,515,000,000
Gross Profit 645,400,000 525,600,000 389,400,000 309,300,000 293,400,000
Operating Expenses
R&D Expenses 0 0 0 0 0
SG&A Expenses 332,100,000 232,900,000 234,000,000 215,100,000 210,900,000
Operating Expenses 361,900,000 284,900,000 234,000,000 215,100,000 214,200,000
Operating Income 283,500,000 240,700,000 150,400,000 92,100,000 -97,700,000
Interest Expense 26,400,000 24,100,000 20,700,000 15,600,000 19,400,000
Income Before Tax 254,000,000 214,600,000 125,300,000 101,500,000 -119,300,000
Income Tax Expense 68,500,000 51,200,000 -28,300,000 15,200,000 90,200,000
Net Income 184,000,000 161,500,000 153,100,000 85,200,000 -210,700,000
Per Share
EPS 3.50 3.08 2.93 1.64 -4.08
EPS Diluted 0.00 0.00 0.00 0.00 0.00
Balance Sheet (Quarterly) 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Assets
Cash and Cash Equivalents 71,600,000 60,100,000 67,100,000 45,200,000
Short Term Investments 0 0 3,500,000 3,700,000
Net Receivables 478,900,000 422,900,000 398,000,000 367,500,000
Inventory 340,900,000 357,900,000 324,900,000 281,200,000
Total Current Assets 961,200,000 894,000,000 846,400,000 757,600,000
Property Plant Equipment 390,500,000 441,700,000 314,500,000 315,400,000
Goodwill and Intangibles 380,600,000 419,200,000 246,700,000 258,400,000
Total Assets 1,917,600,000 1,851,500,000 1,565,900,000 1,427,000,000
Liabilities
Account Payables 290,800,000 283,400,000 332,800,000 325,800,000
Short Term Debt 72,100,000 31,700,000 23,400,000 29,400,000
Total Current Liabilities 541,000,000 545,800,000 507,100,000 494,500,000
Long Term Debt 377,300,000 399,900,000 329,300,000 348,400,000
Total Liabilities 999,400,000 1,096,000,000 966,300,000 968,900,000
Shareholders Equity
Retained Earnings 843,000,000 659,000,000 497,500,000 344,400,000
Total Shareholders Equity 910,200,000 747,600,000 599,600,000 458,100,000
Balance Sheet (Annual) 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Assets
Cash and Cash Equivalents 71,600,000 60,100,000 67,100,000 45,200,000 37,800,000
Short Term Investments 0 0 3,500,000 3,700,000 0
Net Receivables 478,900,000 422,900,000 398,000,000 367,500,000 267,900,000
Inventory 340,900,000 357,900,000 324,900,000 281,200,000 195,600,000
Total Current Assets 961,200,000 894,000,000 846,400,000 757,600,000 644,800,000
Property Plant Equipment 390,500,000 441,700,000 314,500,000 315,400,000 269,900,000
Goodwill and Intangibles 380,600,000 419,200,000 246,700,000 258,400,000 271,300,000
Total Assets 1,917,600,000 1,851,500,000 1,565,900,000 1,427,000,000 1,276,700,000
Liabilities
Account Payables 290,800,000 283,400,000 332,800,000 325,800,000 233,900,000
Short Term Debt 72,100,000 31,700,000 23,400,000 29,400,000 23,300,000
Total Current Liabilities 541,000,000 545,800,000 507,100,000 494,500,000 469,200,000
Long Term Debt 377,300,000 399,900,000 329,300,000 348,400,000 311,200,000
Total Liabilities 999,400,000 1,096,000,000 966,300,000 968,900,000 920,600,000
Shareholders Equity
Retained Earnings 843,000,000 659,000,000 497,500,000 344,400,000 259,200,000
Total Shareholders Equity 910,200,000 747,600,000 599,600,000 458,100,000 348,700,000
Cash Flow Statement (Quarterly) 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Operating Activities
Net Income 185,500,000 161,500,000 153,600,000 86,300,000
Depreciation & Amortization 77,700,000 56,100,000 54,500,000 54,800,000
Stock Based Compensation 26,400,000 10,800,000 6,600,000 5,700,000
Change in Working Capital -89,700,000 -24,000,000 -52,400,000 -85,500,000
Operating Cash Flow 213,300,000 214,600,000 107,500,000 11,500,000
Investing Activities
Capital Expenditure -84,000,000 -88,500,000 -50,700,000 -40,300,000
Investments -84,000,000 -88,500,000 -50,700,000 -40,300,000
Investing Cash Flow -86,600,000 -283,400,000 -50,400,000 -51,000,000
Financing Activities
Debt Repayment -82,500,000 78,400,000 -403,400,000 -311,000,000
Common Stock Issued/Repurchased -30,900,000 -13,300,000 -7,300,000 0
Dividends Paid 0 0 0 0
Financing Cash Flow -113,600,000 62,700,000 -33,300,000 39,200,000
Summary
Free Cash Flow 129,300,000 126,100,000 56,800,000 -28,800,000
Net Change in Cash 11,600,000 -6,900,000 21,800,000 -700,000
Cash Flow Statement (Annual) 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Operating Activities
Net Income 185,500,000 161,500,000 153,600,000 86,300,000 -210,700,000
Depreciation & Amortization 77,700,000 56,100,000 54,500,000 54,800,000 68,600,000
Stock Based Compensation 26,400,000 10,800,000 6,600,000 5,700,000 6,300,000
Change in Working Capital -89,700,000 -24,000,000 -52,400,000 -85,500,000 43,400,000
Operating Cash Flow 213,300,000 214,600,000 107,500,000 11,500,000 149,800,000
Investing Activities
Capital Expenditure -84,000,000 -88,500,000 -50,700,000 -40,300,000 -32,700,000
Investments -84,000,000 -88,500,000 -50,700,000 -40,300,000 0
Investing Cash Flow -86,600,000 -283,400,000 -50,400,000 -51,000,000 -31,300,000
Financing Activities
Debt Repayment -82,500,000 78,400,000 -403,400,000 -311,000,000 -183,600,000
Common Stock Issued/Repurchased -30,900,000 -13,300,000 -7,300,000 0 0
Dividends Paid 0 0 0 0 0
Financing Cash Flow -113,600,000 62,700,000 -33,300,000 39,200,000 -145,100,000
Summary
Free Cash Flow 129,300,000 126,100,000 56,800,000 -28,800,000 117,100,000
Net Change in Cash 11,600,000 -6,900,000 21,800,000 -700,000 -25,200,000