Modine Manufacturing Company (MOD)

Name: Modine Manufacturing Company Financial Statements
Creator: Quarter Results

Consumer Cyclical | Auto Parts

Latest reporting period: 2026-03-31

Latest Quarter

2026-03-31

Revenue

$954M

Net Income

$73.6M

Operating Margin

10.9%

Free Cash Flow

$105M

Debt / Assets

55.0%

Values are in USD and rounded to the nearest whole number unless noted.

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Income statement quarterly history for Modine Manufacturing Company (MOD).
Income Statement (Quarterly)	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Revenue	954,400,000	805,000,000	738,900,000	682,800,000
Cost of Revenue	739,700,000	618,900,000	574,000,000	517,400,000
Gross Profit	214,700,000	186,100,000	164,900,000	165,400,000
Operating Expenses
R&D Expenses	0	0	0	0
SG&A Expenses	101,700,000	89,300,000	84,200,000	84,900,000
Operating Expenses	110,800,000	89,300,000	91,400,000	89,700,000
Operating Income	103,900,000	96,800,000	73,500,000	75,700,000
Interest Expense	8,600,000	8,900,000	8,300,000	5,800,000
Income Before Tax	95,600,000	-38,500,000	63,700,000	65,700,000
Income Tax Expense	22,000,000	8,300,000	18,900,000	14,000,000
Net Income	73,600,000	-47,400,000	44,400,000	51,200,000
Per Share
EPS	1.36	-0.90	0.84	0.95
EPS Diluted	0.00	0.00	0.00	0.00

Income statement annual history for Modine Manufacturing Company (MOD).
Income Statement (Annual)	2026-03-31	2025-03-31	2024-03-31	2023-03-31	2022-03-31
Revenue	3,181,100,000	2,583,500,000	2,407,800,000	2,297,900,000	2,050,100,000
Cost of Revenue	2,450,000,000	1,938,100,000	1,882,200,000	1,908,500,000	1,740,800,000
Gross Profit	731,100,000	645,400,000	525,600,000	389,400,000	309,300,000
Operating Expenses
R&D Expenses	0	0	0	0	0
SG&A Expenses	360,100,000	332,100,000	232,900,000	234,000,000	215,100,000
Operating Expenses	381,200,000	361,900,000	284,900,000	234,000,000	215,100,000
Operating Income	349,900,000	283,500,000	240,700,000	150,400,000	92,100,000
Interest Expense	31,600,000	26,400,000	24,100,000	20,700,000	15,600,000
Income Before Tax	186,500,000	254,000,000	214,600,000	125,300,000	101,500,000
Income Tax Expense	63,200,000	68,500,000	51,200,000	-28,300,000	15,200,000
Net Income	121,800,000	184,000,000	161,500,000	153,100,000	85,200,000
Per Share
EPS	2.25	3.50	3.08	2.93	1.64
EPS Diluted	0.00	0.00	0.00	0.00	0.00

Balance sheet quarterly history for Modine Manufacturing Company (MOD).
Balance Sheet (Quarterly)	2026-03-31	2025-03-31	2024-03-31	2023-03-31
Assets
Cash and Cash Equivalents	73,500,000	71,600,000	60,100,000	67,100,000
Short Term Investments	0	0	0	3,500,000
Net Receivables	731,000,000	478,900,000	422,900,000	398,000,000
Inventory	506,100,000	340,900,000	357,900,000	324,900,000
Total Current Assets	1,416,100,000	961,200,000	894,000,000	846,400,000
Property Plant Equipment	520,900,000	390,500,000	441,700,000	314,500,000
Goodwill and Intangibles	489,100,000	380,600,000	419,200,000	246,700,000
Total Assets	2,674,600,000	1,917,600,000	1,851,500,000	1,565,900,000
Liabilities
Account Payables	464,800,000	290,800,000	283,400,000	332,800,000
Short Term Debt	77,700,000	72,100,000	31,700,000	23,400,000
Total Current Liabilities	728,900,000	541,000,000	545,800,000	507,100,000
Long Term Debt	502,400,000	457,900,000	399,900,000	329,300,000
Total Liabilities	1,471,800,000	999,400,000	1,096,000,000	966,300,000
Shareholders Equity
Retained Earnings	964,500,000	843,000,000	659,000,000	497,500,000
Total Shareholders Equity	1,194,500,000	910,200,000	747,600,000	599,600,000

Balance sheet annual history for Modine Manufacturing Company (MOD).
Balance Sheet (Annual)	2026-03-31	2025-03-31	2024-03-31	2023-03-31	2022-03-31
Assets
Cash and Cash Equivalents	73,500,000	71,600,000	60,100,000	67,100,000	45,200,000
Short Term Investments	0	0	0	3,500,000	3,700,000
Net Receivables	731,000,000	478,900,000	422,900,000	398,000,000	367,500,000
Inventory	506,100,000	340,900,000	357,900,000	324,900,000	281,200,000
Total Current Assets	1,416,100,000	961,200,000	894,000,000	846,400,000	757,600,000
Property Plant Equipment	520,900,000	390,500,000	441,700,000	314,500,000	315,400,000
Goodwill and Intangibles	489,100,000	380,600,000	419,200,000	246,700,000	258,400,000
Total Assets	2,674,600,000	1,917,600,000	1,851,500,000	1,565,900,000	1,427,000,000
Liabilities
Account Payables	464,800,000	290,800,000	283,400,000	332,800,000	325,800,000
Short Term Debt	77,700,000	72,100,000	31,700,000	23,400,000	29,400,000
Total Current Liabilities	728,900,000	541,000,000	545,800,000	507,100,000	494,500,000
Long Term Debt	502,400,000	457,900,000	399,900,000	329,300,000	348,400,000
Total Liabilities	1,471,800,000	999,400,000	1,096,000,000	966,300,000	968,900,000
Shareholders Equity
Retained Earnings	964,500,000	843,000,000	659,000,000	497,500,000	344,400,000
Total Shareholders Equity	1,194,500,000	910,200,000	747,600,000	599,600,000	458,100,000

Cash flow quarterly history for Modine Manufacturing Company (MOD).
Cash Flow Statement (Quarterly)	2026-03-31	2025-03-31	2024-03-31	2023-03-31
Operating Activities
Net Income	123,300,000	185,500,000	161,500,000	153,600,000
Depreciation & Amortization	79,700,000	77,700,000	56,100,000	54,500,000
Stock Based Compensation	22,100,000	26,400,000	10,800,000	6,600,000
Change in Working Capital	-222,600,000	-89,700,000	-24,000,000	-52,400,000
Operating Cash Flow	248,700,000	213,300,000	214,600,000	107,500,000
Investing Activities
Capital Expenditure	-143,300,000	-84,000,000	-88,500,000	-50,700,000
Investments	-143,300,000	-84,000,000	-88,500,000	-50,700,000
Investing Cash Flow	-321,300,000	-86,600,000	-283,400,000	-50,400,000
Financing Activities
Debt Repayment	78,700,000	-82,500,000	78,400,000	-403,400,000
Common Stock Issued/Repurchased	-7,000,000	-30,900,000	-13,300,000	-7,300,000
Dividends Paid	0	0	0	0
Financing Cash Flow	73,100,000	-113,600,000	62,700,000	-33,300,000
Summary
Free Cash Flow	105,400,000	129,300,000	126,100,000	56,800,000
Net Change in Cash	1,800,000	11,600,000	-6,900,000	21,800,000

Cash flow annual history for Modine Manufacturing Company (MOD).
Cash Flow Statement (Annual)	2026-03-31	2025-03-31	2024-03-31	2023-03-31	2022-03-31
Operating Activities
Net Income	123,300,000	185,500,000	161,500,000	153,600,000	86,300,000
Depreciation & Amortization	79,700,000	77,700,000	56,100,000	54,500,000	54,800,000
Stock Based Compensation	22,100,000	26,400,000	10,800,000	6,600,000	5,700,000
Change in Working Capital	-222,600,000	-89,700,000	-24,000,000	-52,400,000	-85,500,000
Operating Cash Flow	248,700,000	213,300,000	214,600,000	107,500,000	11,500,000
Investing Activities
Capital Expenditure	-143,300,000	-84,000,000	-88,500,000	-50,700,000	-40,300,000
Investments	-143,300,000	-84,000,000	-88,500,000	-50,700,000	-40,300,000
Investing Cash Flow	-321,300,000	-86,600,000	-283,400,000	-50,400,000	-51,000,000
Financing Activities
Debt Repayment	78,700,000	-82,500,000	78,400,000	-403,400,000	-311,000,000
Common Stock Issued/Repurchased	-7,000,000	-30,900,000	-13,300,000	-7,300,000	0
Dividends Paid	0	0	0	0	0
Financing Cash Flow	73,100,000	-113,600,000	62,700,000	-33,300,000	39,200,000
Summary
Free Cash Flow	105,400,000	129,300,000	126,100,000	56,800,000	-28,800,000
Net Change in Cash	1,800,000	11,600,000	-6,900,000	21,800,000	-700,000