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Modine Manufacturing Company(MOD)Earnings, Financials & Key Ratios
MOD•NYSE
132.8× P/E·Price updated Jun 19, 2026
AboutModine Manufacturing Company provides engineered heat transfer systems and heat transfer components for use in on- and off-highway original equipment manufacturer (OEM) vehicular applications. It operates through Climate Solutions and Performance Technologies segments. The company offers gas-fired, hydronic, electric, and oil-fired unit heaters; indoor and outdoor duct furnaces; infrared units; perimeter heating products, such as commercial fin-tube radiation, cabinet unit heaters, and convectors; roof-mounted direct- and indirect-fired makeup air units; unit ventilators; single packaged vertical units; precision air conditioning units for data center applications; air handler units; fan walls; chillers; ceiling cassettes; hybrid fan coils; and condensers and condensing units. It also provides microchannel, heat recovery, round tube plate fin, and motor and generator cooling coils; evaporator unit, fluid, transformer oil, gas, air blast, and dry and brine coolers, as well as remote condensers; and coatings to protect against corrosion. In addition, the company offers powertrain cooling products, including engine cooling modules, radiators, charge air coolers, condensers, oil coolers, fan shrouds, and surge tanks; on-engine cooling products comprising exhaust gas recirculation, engine oil, fuel, charge air, and intake air coolers; auxiliary cooling products, such as transmission and retarder oil coolers, and power steering coolers; and complete battery thermal management systems and electronics cooling packages. It serves heating, ventilation, and cooling OEMs; construction architects and contractors; wholesalers of heating equipment; automobile, truck, bus, and specialty vehicle OEMs; agricultural, industrial, and construction equipment OEMs; and commercial and industrial equipment OEMs. The company has operations in North America, South America, Europe, and Asia. Modine Manufacturing Company was incorporated in 1916 and is headquartered in Racine, Wisconsin.Show more
- Revenue$3.18B+23.1%
- EBITDA$430M+18.9%
- Net Income$122M-33.8%
- EPS (Diluted)2.24-34.5%
- Gross Margin22.98%-8.0%
- EBITDA Margin13.5%-3.4%
- Operating Margin11%+0.2%
- Net Margin3.83%-46.2%
- ROE11.49%-47.8%
MOD Key Insights
Modine Manufacturing Company (MOD) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Momentum leader: RS Rating 92 (top 8%)
- ✓High quality earnings: Operating CF exceeds net income
- ✓Strong 5Y sales CAGR of 12.0%
- ✓Good 3Y average ROE of 19.1%
- ✓Efficient asset utilization: 1.2x turnover
✗Weaknesses
- ✗Expensive at 13.4x book value
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
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MOD Price & Volume
Modine Manufacturing Company (MOD) stock price & volume — 10-year historical chart
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MOD Growth Metrics
Modine Manufacturing Company (MOD) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years8.93%
5 Years11.96%
3 Years11.45%
TTM23.13%
Profit CAGR
10 Years-
5 Years-
3 Years-7.34%
TTM-33.8%
EPS CAGR
10 Years-
5 Years-
3 Years-8.25%
TTM-34.5%
Return on Capital
10 Years10.93%
5 Years18.27%
3 Years20.85%
Last Year21.06%
MOD Recent Earnings
Modine Manufacturing Company (MOD) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 12/12 qtrs (100%)●Beat Revenue 6/12 qtrs (50%)
Q2 2026Latest
May 26, 2026Metric
Actual
Est
EPS
$1.71+10.3%
$1.55
Rev
$954M+3.7%
$921M
Q1 2026
Feb 4, 2026Metric
Actual
Est
EPS
$1.19+20.2%
$0.99
Rev
$805M+5.9%
$760M
Q4 2025
Oct 28, 2025Metric
Actual
Est
EPS
$1.06+9.3%
$0.97
Rev
$739M-3.2%
$764M
Q3 2025
Jul 30, 2025Metric
Actual
Est
EPS
$1.06+14.0%
$0.93
Rev
$683M-2.4%
$700M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 26, 2026 | $1.71vs $1.55+10.3% | $954Mvs $921M+3.7% |
| Q1 2026 | Feb 4, 2026 | $1.19vs $0.99+20.2% | $805Mvs $760M+5.9% |
| Q4 2025 | Oct 28, 2025 | $1.06vs $0.97+9.3% | $739Mvs $764M-3.2% |
| Q3 2025 | Jul 30, 2025 | $1.06vs $0.93+14.0% | $683Mvs $700M-2.4% |
Based on last 12 quarters of dataView full earnings history →
MOD Peer Comparison
Modine Manufacturing Company (MOD) competitors in Core Vehicle Systems Suppliers — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 THRM | 1.1B | 35.93 | 59.88 | 2.64% | 1.47% | 3.17% | 0.41 | |
 AAON | 11.2B | 136.72 | 105.98 | 20.11% | 7.3% | 13.4% | 0.48 | |
 GTLS | 9.96B | 207.99 | 630.27 | 2.49% | -0.63% | -0.78% | 1.11 | |
 BWXT | 18.82B | 205.40 | 57.21 | 18.3% | 10.21% | 27.91% | 1.63 | |
 JCI | 88.36B | 144.82 | 55.06 | 2.81% | 14.45% | 24.88% | 0.86 | |
 TT | 106.99B | 483.40 | 37.24 | 7.48% | 13.42% | 34.69% | 0.54 | |
 CARR | 59.99B | 71.81 | 42.24 | -3.29% | 6.03% | 9.13% | 0.90 | |
 LII | 18.53B | 532.43 | 23.96 | -2.73% | 14.89% | 72.05% | 1.77 |
Compare MOD vs Peers
Modine Manufacturing Company (MOD) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
MOD Income Statement
Modine Manufacturing Company (MOD) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Metric | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 |
|---|---|---|---|---|---|---|---|---|---|
Sales/Revenue | 2.1B | 2.21B | 1.98B | 1.81B | 2.05B | 2.3B | 2.41B | 2.58B | 3.18B |
Revenue Growth % | 39.93% | 5.21% | -10.72% | -8.46% | 13.37% | 12.09% | 4.78% | 7.3% | 23.13% |
Cost of Goods Sold | 1.75B | 1.85B | 1.67B | 1.51B | 1.74B | 1.91B | 1.88B | 1.94B | 2.45B |
COGS % of Revenue | 83.05% | 83.48% | 84.43% | 83.78% | 84.91% | 83.05% | 78.1% | 75.02% | 77.02% |
Gross Profit | 356.5M▲ 0% | 365.5M▲ 2.5% | 307.5M▼ 15.9% | 293.4M▼ 4.6% | 309.3M▲ 5.4% | 389.4M▲ 25.9% | 527.2M▲ 35.4% | 645.4M▲ 22.4% | 731.1M▲ 13.3% |
Gross Margin % | 16.95% | 16.52% | 15.57% | 16.22% | 15.09% | 16.95% | 21.9% | 24.98% | 22.98% |
Gross Profit Growth % | 37.8% | 2.52% | -15.87% | -4.59% | 5.42% | 25.9% | 35.39% | 22.42% | 13.28% |
Operating Expenses | 264.3M | 255.8M | 269.6M | 391.1M | 190.1M | 239M | 286.5M | 361.9M | 381.2M |
OpEx % of Revenue | 12.57% | 11.56% | 13.65% | 21.63% | 9.27% | 10.4% | 11.9% | 14.01% | 11.98% |
Selling, General & Admin | 183.3M | 176.3M | 192.5M | 160.5M | 166M | 192M | 232.1M | 332.1M | 360.1M |
SG&A % of Revenue | 8.72% | 7.97% | 9.74% | 8.88% | 8.1% | 8.36% | 9.64% | 12.85% | 11.32% |
Research & Development | 65.8M | 69.8M | 59.5M | 46.3M | 50.3M | 44M | 42M | 34.9M | 0 |
R&D % of Revenue | 3.13% | 3.15% | 3.01% | 2.56% | 2.45% | 1.91% | 1.74% | 1.35% | - |
Other Operating Expenses | 15.2M | 9.7M | 17.6M | 184.3M | -26.2M | 3M | 12.4M | -5.1M | 21.1M |
Operating Income | 92.2M▲ 0% | 109.7M▲ 19.0% | 37.9M▼ 65.5% | -97.7M▼ 357.8% | 119.2M▲ 222.0% | 150.4M▲ 26.2% | 240.7M▲ 60.0% | 283.5M▲ 17.8% | 349.9M▲ 23.4% |
Operating Margin % | 4.38% | 4.96% | 1.92% | -5.4% | 5.81% | 6.55% | 10% | 10.97% | 11% |
Operating Income Growth % | 117.97% | 18.98% | -65.45% | -357.78% | 222.01% | 26.17% | 60.04% | 17.78% | 23.42% |
EBITDA | 168.9M | 186.6M | 115M | -29.1M | 174M | 204.9M | 296.8M | 361.2M | 429.6M |
EBITDA Margin % | 8.03% | 8.43% | 5.82% | -1.61% | 8.49% | 8.92% | 12.33% | 13.98% | 13.5% |
EBITDA Growth % | 67.89% | 10.48% | -38.37% | -125.3% | 697.94% | 17.76% | 44.85% | 21.7% | 18.94% |
D&A (Non-Cash Add-back) | 76.7M | 76.9M | 77.1M | 68.6M | 54.8M | 54.5M | 56.1M | 77.7M | 79.7M |
EBIT | 107.4M | 119.4M | 33.1M | -99.9M | 117.1M | 153.5M | 238.7M | 280.4M | 218.1M |
Net Interest Income | -25.2M | -24.4M | -22.3M | -18.9M | -15.2M | -19.4M | -19.8M | -23.7M | -30.1M |
Interest Income | 400K | 400K | 400K | 500K | 400K | 1.3M | 4.3M | 2.7M | 1.5M |
Interest Expense | 25.6M | 24.8M | 22.7M | 19.4M | 15.6M | 20.7M | 24.1M | 26.4M | 31.6M |
Other Income/Expense | -28.9M | -28.9M | -27.5M | -21.6M | -17.7M | -25.1M | -26.1M | -29.5M | -163.4M |
Pretax Income | 63.3M▲ 0% | 80.8M▲ 27.6% | 10.4M▼ 87.1% | -119.3M▼ 1247.1% | 101.5M▲ 185.1% | 125.3M▲ 23.4% | 214.6M▲ 71.3% | 254M▲ 18.4% | 186.5M▼ 26.6% |
Pretax Margin % | 3.01% | 3.65% | 0.53% | -6.6% | 4.95% | 5.45% | 8.91% | 9.83% | 5.86% |
Income Tax | 39.5M | -5.1M | 12.4M | 90.2M | 15.2M | -28.3M | 51.2M | 68.5M | 63.2M |
Effective Tax Rate % | 62.4% | -6.31% | 119.23% | -75.61% | 14.98% | -22.59% | 23.86% | 26.97% | 33.89% |
Net Income | 22.2M▲ 0% | 84.8M▲ 282.0% | -2.2M▼ 102.6% | -210.7M▼ 9477.3% | 85.2M▲ 140.4% | 153.1M▲ 79.7% | 161.5M▲ 5.5% | 184M▲ 13.9% | 121.8M▼ 33.8% |
Net Margin % | 1.06% | 3.83% | -0.11% | -11.65% | 4.16% | 6.66% | 6.71% | 7.12% | 3.83% |
Net Income Growth % | 56.34% | 281.98% | -102.59% | -9477.27% | 140.44% | 79.69% | 5.49% | 13.93% | -33.8% |
Net Income (Continuing) | 23.8M | 85.9M | -2M | -209.5M | 86.3M | 153.6M | 163.4M | 185.5M | 123.3M |
Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Minority Interest | 8.4M | 7.2M | 5.7M | 7.4M | 7.4M | 6.8M | 7.9M | 8M | 8.3M |
EPS (Diluted) | 0.44▲ 0% | 1.65▲ 275.0% | -0.04▼ 102.6% | -4.11▼ 9413.9% | 1.62▲ 139.4% | 2.90▲ 79.0% | 3.02▲ 4.1% | 3.42▲ 13.2% | 2.24▼ 34.5% |
EPS Growth % | 57.14% | 275% | -102.62% | -9413.89% | 139.42% | 79.01% | 4.14% | 13.25% | -34.5% |
EPS (Basic) | 0.44 | 1.67 | -0.04 | -4.11 | 1.64 | 2.93 | 3.08 | 3.50 | 2.25 |
Diluted Shares Outstanding | 50.9M | 51.3M | 50.8M | 51.3M | 52.5M | 52.8M | 53.4M | 53.9M | 54M |
Basic Shares Outstanding | 50.5M | 50.7M | 50.8M | 51.3M | 52M | 52.3M | 52.4M | 52.6M | 54M |
Dividend Payout Ratio | - | - | - | - | - | - | - | - | - |
MOD Balance Sheet
Modine Manufacturing Company (MOD) balance sheet — assets, liabilities & shareholders' equity
| Metric | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 |
|---|---|---|---|---|---|---|---|---|---|
Total Current Assets | 643.1M | 646.8M | 633.3M | 644.8M | 757.6M | 846.4M | 894M | 961.2M | 1.42B |
Cash & Short-Term Investments | 39.3M | 41.7M | 70.9M | 37.8M | 48.9M | 70.6M | 60.1M | 71.6M | 73.5M |
Cash Only | 39.3M | 41.7M | 70.9M | 37.8M | 45.2M | 67.1M | 60.1M | 71.6M | 73.5M |
Short-Term Investments | 0 | 0 | 0 | 0 | 3.7M | 3.5M | 0 | 0 | 0 |
Accounts Receivable | 342.4M | 338.6M | 292.5M | 267.9M | 367.5M | 398M | 422.9M | 478.9M | 731M |
Days Sales Outstanding | 59.42 | 55.85 | 54.04 | 54.07 | 65.43 | 63.22 | 64.11 | 67.66 | 83.88 |
Inventory | 191.3M | 200.7M | 207.4M | 195.6M | 281.2M | 324.9M | 357.9M | 340.9M | 506.1M |
Days Inventory Outstanding | 39.98 | 39.66 | 45.38 | 47.12 | 58.96 | 62.14 | 69.46 | 64.2 | 75.4 |
Other Current Assets | 70.1M | 65.8M | 62.5M | 143.5M | 63.7M | 56.4M | 53.1M | 69.8M | 105.5M |
Total Non-Current Assets | 930.3M | 891.2M | 902.8M | 631.9M | 669.4M | 719.5M | 957.5M | 956.4M | 1.26B |
Property, Plant & Equipment | 504.3M | 484.7M | 448M | 269.9M | 315.4M | 314.5M | 441.7M | 390.5M | 520.9M |
Fixed Asset Turnover | 4.17x | 4.57x | 4.41x | 6.70x | 6.50x | 7.31x | 5.45x | 6.62x | 6.11x |
Goodwill | 173.8M | 168.5M | 166.1M | 170.7M | 168.1M | 165.6M | 230.9M | 233.9M | 292.1M |
Intangible Assets | 129.9M | 116.2M | 106.3M | 100.6M | 90.3M | 81.1M | 188.3M | 146.7M | 197M |
Long-Term Investments | 3.6M | 4.3M | 0 | 100K | 200K | 100K | 200K | 300K | 0 |
Other Non-Current Assets | 21.8M | 20.4M | 77.6M | 66.1M | 68.2M | 74.5M | 21.3M | 118M | 163.2M |
Total Assets | 1.57B▲ 0% | 1.54B▼ 2.2% | 1.54B▼ 0.1% | 1.28B▼ 16.9% | 1.43B▲ 11.8% | 1.57B▲ 9.7% | 1.85B▲ 18.2% | 1.92B▲ 3.6% | 2.67B▲ 39.5% |
Asset Turnover | 1.34x | 1.44x | 1.29x | 1.42x | 1.44x | 1.47x | 1.30x | 1.35x | 1.19x |
Asset Growth % | 8.55% | -2.25% | -0.12% | -16.89% | 11.77% | 9.73% | 18.24% | 3.57% | 39.48% |
Total Current Liabilities | 515.5M | 470M | 372M | 469.2M | 494.5M | 507.1M | 545.8M | 541M | 728.9M |
Accounts Payable | 277.9M | 280.9M | 227.4M | 233.9M | 325.8M | 332.8M | 283.4M | 290.8M | 464.8M |
Days Payables Outstanding | 58.07 | 55.5 | 49.76 | 56.35 | 68.31 | 63.65 | 55 | 54.77 | 69.25 |
Short-Term Debt | 93.1M | 114.6M | 41.3M | 34.5M | 42.1M | 35.2M | 47M | 72.1M | 77.7M |
Deferred Revenue (Current) | 0 | 4M | 5.6M | 5.6M | 11.8M | 21.5M | 79.4M | 35.1M | 23.9M |
Other Current Liabilities | 47.2M | 35.9M | 32.7M | 128.7M | 29.7M | 27.8M | 34.4M | 40.3M | 30.4M |
Current Ratio | 1.25x | 1.38x | 1.70x | 1.37x | 1.53x | 1.67x | 1.64x | 1.78x | 1.94x |
Quick Ratio | 0.88x | 0.95x | 1.14x | 0.96x | 0.96x | 1.03x | 0.98x | 1.15x | 1.25x |
Cash Conversion Cycle | 41.33 | 40.01 | 49.67 | 44.84 | 56.08 | 61.71 | 78.57 | 77.09 | 90.03 |
Total Non-Current Liabilities | 559.4M | 479.8M | 670.5M | 451.4M | 474.4M | 459.2M | 550.2M | 458.4M | 742.9M |
Long-Term Debt | 386.3M | 335.1M | 499M | 352.8M | 386.8M | 375.9M | 460.1M | 375.1M | 383.1M |
Capital Lease Obligations | 0 | 0 | 53.6M | 48M | 44M | 51.2M | 64M | 82.8M | 119.3M |
Deferred Tax Liabilities | 9.9M | 8.2M | 8.1M | 5.9M | 5.9M | 4.8M | 30M | 24.1M | 25.6M |
Other Non-Current Liabilities | 163.2M | 136.5M | 109.8M | 44.7M | 37.7M | 27.3M | -3.9M | -23.6M | 44.3M |
Total Liabilities | 1.07B | 996.9M | 1.04B | 920.6M | 968.9M | 966.3M | 1.1B | 999.4M | 1.47B |
Total Debt | 479.4M | 449.7M | 593.9M | 435.3M | 472.9M | 462.3M | 571.1M | 530M | 580.1M |
Net Debt | 440.1M | 408M | 523M | 397.5M | 427.7M | 395.2M | 511M | 458.4M | 506.6M |
Debt / Equity | 0.96x | 0.83x | 1.20x | 1.22x | 1.03x | 0.77x | 0.76x | 0.58x | 0.48x |
Debt / EBITDA | 2.84x | 2.41x | 5.16x | - | 2.72x | 2.26x | 1.92x | 1.47x | 1.35x |
Net Debt / EBITDA | 2.61x | 2.19x | 4.55x | - | 2.46x | 1.93x | 1.72x | 1.27x | 1.18x |
Interest Coverage | 4.20x | 4.81x | 1.46x | -5.15x | 7.51x | 7.42x | 9.90x | 10.62x | 6.90x |
Total Equity | 498.5M▲ 0% | 541.1M▲ 8.5% | 493.6M▼ 8.8% | 356.1M▼ 27.9% | 458.1M▲ 28.6% | 599.6M▲ 30.9% | 755.5M▲ 26.0% | 918.2M▲ 21.5% | 1.2B▲ 31.0% |
Equity Growth % | 18.35% | 8.55% | -8.78% | -27.86% | 28.64% | 30.89% | 26% | 21.54% | 31% |
Book Value per Share | 9.79 | 10.55 | 9.72 | 6.94 | 8.73 | 11.36 | 14.15 | 17.04 | 22.27 |
Total Shareholders' Equity | 490.1M | 533.9M | 487.9M | 348.7M | 450.7M | 592.8M | 747.6M | 910.2M | 1.19B |
Common Stock | 32.7M | 33M | 33.3M | 33.9M | 34.2M | 34.6M | 35M | 35.3M | 35.6M |
Retained Earnings | 394.9M | 472.1M | 469.9M | 259.2M | 344.4M | 497.5M | 659M | 843M | 964.5M |
Treasury Stock | -27.1M | -31.4M | -37.1M | -38.2M | -40M | -49M | -66.7M | -97.6M | -104.6M |
Accumulated OCI | -140.3M | -178.4M | -223.3M | -161.2M | -149.5M | -161.1M | -163.4M | -181.3M | -37.1M |
Minority Interest | 8.4M | 7.2M | 5.7M | 7.4M | 7.4M | 6.8M | 7.9M | 8M | 8.3M |
MOD Cash Flow Statement
Modine Manufacturing Company (MOD) cash flow — operating, investing & free cash flow history
| Metric | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 |
|---|---|---|---|---|---|---|---|---|---|
Cash from Operations | 123.8M | 103.3M | 57.9M | 149.8M | 11.5M | 107.5M | 214.6M | 213.3M | 248.7M |
Operating CF Margin % | 5.89% | 4.67% | 2.93% | 8.28% | 0.56% | 4.68% | 8.91% | 8.26% | 7.82% |
Operating CF Growth % | 197.6% | -16.56% | -43.95% | 158.72% | -92.32% | 834.78% | 99.63% | -0.61% | 16.6% |
Net Income | 23.8M | 85.9M | -2M | -209.5M | 86.3M | 153.6M | 161.5M | 185.5M | 123.3M |
Depreciation & Amortization | 76.7M | 76.9M | 77.1M | 68.6M | 54.8M | 54.5M | 56.1M | 77.7M | 79.7M |
Stock-Based Compensation | 9.5M | 7.9M | 6.6M | 6.3M | 5.7M | 6.6M | 10.8M | 26.4M | 22.1M |
Deferred Taxes | 12.1M | -4.4M | 1M | 67.9M | -3.8M | -59.6M | 6.2M | 6.5M | -39.1M |
Other Non-Cash Items | 11.5M | 7.4M | 13.4M | 173.1M | -46M | 4.8M | 4M | 6.9M | 285.3M |
Working Capital Changes | -9.8M | -70.4M | -38.2M | 43.4M | -85.5M | -52.4M | -24M | -89.7M | -222.6M |
Change in Receivables | -26.1M | -15.3M | 36.6M | -17.1M | -55.6M | -40.7M | -8.3M | -61.2M | -222.6M |
Change in Inventory | -12.5M | -22M | -12M | -5M | -70.7M | -49.4M | -17.3M | 13.6M | -125.1M |
Change in Payables | 25.2M | 16.6M | -37.7M | 44M | 55.1M | 10.2M | -59.1M | 10.5M | 151.1M |
Cash from Investing | -71.6M | -72.8M | -60.5M | -31.3M | -51M | -50.4M | -283.4M | -86.6M | -321.3M |
Capital Expenditures | -71M | -73.9M | -71.3M | -32.7M | -40.3M | -50.7M | -88.5M | -84M | -143.3M |
CapEx % of Revenue | 3.38% | 3.34% | 3.61% | 1.81% | 1.97% | 2.21% | 3.68% | 3.25% | 4.5% |
Acquisitions | 700K | -1.1M | 3.8M | 200K | 0 | 300K | -198.2M | -3.4M | -182.4M |
Investments | - | - | - | - | - | - | - | - | - |
Other Investing | -600K | 1.1M | 6.2M | 1.4M | -10.4M | 0 | 0 | 800K | 4.4M |
Cash from Financing | -50.1M | -25.9M | 33.3M | -145.1M | 39.2M | -33.3M | 62.7M | -113.6M | 73.1M |
Debt Issued (Net) | -51.9M | -20.7M | 42.9M | -150.9M | 40.8M | -29.1M | 78.4M | -82.5M | 78.7M |
Equity Issued (Net) | 0 | -600K | -2.4M | 0 | 0 | -7.3M | -13.3M | -30.9M | -7M |
Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Share Repurchases | 0 | -600K | -2.4M | 0 | 0 | -7.3M | -13.3M | -30.9M | -7M |
Other Financing | 1.8M | -4.6M | -7.2M | 5.8M | -1.6M | 3.1M | -2.4M | -200K | 1.4M |
Net Change in Cash | 5.1M▲ 0% | 1.9M▼ 62.7% | 29.1M▲ 1431.6% | -25.2M▼ 186.6% | -700K▲ 97.2% | 21.8M▲ 3214.3% | -6.9M▼ 131.7% | 11.6M▲ 268.1% | 1.8M▼ 84.5% |
Free Cash Flow | 52.8M▲ 0% | 29.4M▼ 44.3% | -13.4M▼ 145.6% | 117.1M▲ 973.9% | -28.8M▼ 124.6% | 56.8M▲ 297.2% | 126.1M▲ 122.0% | 129.3M▲ 2.5% | 105.4M▼ 18.5% |
FCF Margin % | 2.51% | 1.33% | -0.68% | 6.48% | -1.4% | 2.47% | 5.24% | 5% | 3.31% |
FCF Growth % | 321.85% | -44.32% | -145.58% | 973.88% | -124.59% | 297.22% | 122.01% | 2.54% | -18.48% |
FCF per Share | 1.04 | 0.57 | -0.26 | 2.28 | -0.55 | 1.08 | 2.36 | 2.40 | 1.95 |
FCF Conversion (FCF/Net Income) | 5.58x | 1.22x | -26.32x | -0.71x | 0.13x | 0.70x | 1.33x | 1.16x | 2.04x |
Interest Paid | 23.4M | 0 | 21.4M | 17.9M | 14.1M | 18.4M | 23.3M | 26M | 0 |
Taxes Paid | -20.1M | 0 | 18.8M | 19.7M | 21.8M | 31.9M | 46.9M | 55.2M | 0 |
MOD Key Ratios
Modine Manufacturing Company (MOD) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
Return on Equity (ROE) | 3.53% | 4.83% | 16.31% | -0.43% | -49.59% | 20.93% | 28.95% | 23.84% | 21.99% | 11.49% |
Return on Invested Capital (ROIC) | 4.62% | 7.53% | 8.72% | 2.89% | -8.28% | 10.91% | 12% | 15.97% | 16.09% | 17.01% |
Gross Margin | 17.21% | 16.95% | 16.52% | 15.57% | 16.22% | 15.09% | 16.95% | 21.9% | 24.98% | 22.98% |
Net Margin | 0.94% | 1.06% | 3.83% | -0.11% | -11.65% | 4.16% | 6.66% | 6.71% | 7.12% | 3.83% |
Debt / Equity | 1.21x | 0.96x | 0.83x | 1.20x | 1.22x | 1.03x | 0.77x | 0.76x | 0.58x | 0.48x |
Interest Coverage | 2.21x | 4.20x | 4.81x | 1.46x | -5.15x | 7.51x | 7.42x | 9.90x | 10.62x | 6.90x |
FCF Conversion | 2.93x | 5.58x | 1.22x | -26.32x | -0.71x | 0.13x | 0.70x | 1.33x | 1.16x | 2.04x |
Revenue Growth | 11.13% | 39.93% | 5.21% | -10.72% | -8.46% | 13.37% | 12.09% | 4.78% | 7.3% | 23.13% |
Related:MOD Dividend History·MOD Revenue History·MOD Price History·MOD P/E History·MOD Financial Ratios·MOD Institutional Holders
MOD SEC Filings & Documents
Modine Manufacturing Company (MOD) SEC filings — annual & quarterly reports (10-K, 10-Q)
MOD Frequently Asked Questions
Modine Manufacturing Company (MOD) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Modine Manufacturing Company (MOD) reported $3.18B in revenue for fiscal year 2026. This represents a 218% increase from $999.0M in 1997.
Modine Manufacturing Company (MOD) grew revenue by 23.1% over the past year. This is strong growth.
Yes, Modine Manufacturing Company (MOD) is profitable, generating $121.8M in net income for fiscal year 2026 (3.8% net margin).
Dividend & Returns
Modine Manufacturing Company (MOD) has a return on equity (ROE) of 11.5%. This is reasonable for most industries.
Modine Manufacturing Company (MOD) generated $105.4M in free cash flow for fiscal year 2026. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.