Modine Manufacturing Company (MOD)

Name: Modine Manufacturing Company Financial Statements
Creator: Quarter Results

Consumer Cyclical | Auto Parts

Latest reporting period: 2025-12-31

Latest Quarter

2025-12-31

Revenue

$805M

Net Income

-$47.4M

Operating Margin

12.0%

Free Cash Flow

$129M

Debt / Assets

52.1%

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)	2025-12-31	2025-09-30	2025-06-30	2024-12-31
Revenue	805,000,000	738,900,000	682,800,000	616,800,000
Cost of Revenue	618,900,000	574,000,000	517,400,000	467,200,000
Gross Profit	186,100,000	164,900,000	165,400,000	149,600,000
Operating Expenses
R&D Expenses	0	0	0	0
SG&A Expenses	89,300,000	84,200,000	84,900,000	83,200,000
Operating Expenses	89,300,000	91,400,000	89,700,000	90,300,000
Operating Income	96,800,000	73,500,000	75,700,000	59,300,000
Interest Expense	8,900,000	8,300,000	5,800,000	6,200,000
Income Before Tax	-38,500,000	63,700,000	65,700,000	54,200,000
Income Tax Expense	8,300,000	18,900,000	14,000,000	13,000,000
Net Income	-47,400,000	44,400,000	51,200,000	41,000,000
Per Share
EPS	-0.90	0.84	0.95	0.76
EPS Diluted	0.00	0.00	0.00	0.00

Income statement annual history for Modine Manufacturing Company (MOD).
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 history for Modine Manufacturing Company (MOD).
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	457,900,000	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 history for Modine Manufacturing Company (MOD).
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	457,900,000	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 quarterly history for Modine Manufacturing Company (MOD).
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 annual history for Modine Manufacturing Company (MOD).
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