Modine Manufacturing Co (MOD) Financial Statements
Industry: Motor Vehicle Parts & Accessories
In fiscal 2026, Modine Manufacturing reported revenue of $3.18B, up 23.1% from $2.58B the year before. Net income was $121.5M (a 3.8% net margin), or $2.26 per diluted share. Gross margin was 23.0% and operating margin was 10.8%. Operating activities generated $248.7M of cash, leaving $105.4M of free cash flow. At fiscal year end, Modine Manufacturing held $2.67B in total assets against $1.47B in total liabilities, including $73.5M of cash and equivalents.
Open the full interactive Modine Manufacturing financials → Quarterly statements, key ratios, valuation history and price charts.
Modine Manufacturing Key Stats
| Share Price | $172.57 |
|---|---|
| Market Cap | $9.32B |
| P/E Ratio | 76.4 |
| Revenue YoY Growth | +23.1% |
| 52-Week Range | $119.68 – $306.89 |
| Shares Outstanding | 53.3 million (basic, 2027 Q1) |
Modine Manufacturing Income Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Revenue | $1.81B | $2.05B | $2.30B | $2.41B | $2.58B | $3.18B |
| Cost of Goods Sold | $1.51B | $1.74B | $1.91B | $1.88B | $1.94B | $2.45B |
| Gross Profit | $293.4M | $309.3M | $389.4M | $525.6M | $643.8M | $731.1M |
| Operating Income | -$97.7M | $119.2M | $150.4M | $240.7M | $283.5M | $342.4M |
| Pre-Tax Income | -$119.3M | $101.5M | $125.3M | $214.6M | $254.0M | $186.5M |
| Income Tax | $90.2M | $15.2M | -$28.3M | $51.2M | $68.5M | $63.2M |
| Net Income | -$210.7M | $85.2M | $153.1M | $161.5M | $184.0M | $121.5M |
| Diluted EPS | -$4.11 | $1.62 | $2.90 | $3.03 | $3.42 | $2.26 |
Modine Manufacturing Quarterly Results
| 2026 Q2 | 2026 Q3 | 2026 Q4 | 2027 Q1 | |
|---|---|---|---|---|
| Revenue | $738.9M | $805.0M | $954.4M | $874.1M |
| Net Income | $44.4M | -$47.4M | $73.3M | $73.9M |
| Diluted EPS | $0.83 | -$0.90 | $1.36 | $1.37 |
Modine Manufacturing Balance Sheet
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $37.8M | $45.2M | $67.1M | $60.1M | $71.6M | $73.5M |
| Current Assets | $644.8M | $757.6M | $846.4M | $894.0M | $961.2M | $1.42B |
| Total Assets | $1.28B | $1.43B | $1.57B | $1.85B | $1.92B | $2.67B |
| Current Liabilities | $469.2M | $494.5M | $507.1M | $545.8M | $541.0M | $728.9M |
| Total Long-Term Debt | $333.1M | $370.1M | $349.0M | $419.6M | $341.5M | $428.8M |
| Total Liabilities | $920.6M | $968.9M | $966.3M | $1.10B | $999.4M | $1.47B |
| Shareholders' Equity | $348.7M | $450.7M | $592.8M | $747.6M | $910.2M | $1.19B |
Modine Manufacturing Cash Flow Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $149.8M | $11.5M | $107.5M | $214.6M | $213.3M | $248.7M |
| Cash From Investing | -$31.3M | -$51.0M | -$50.4M | -$283.4M | -$86.6M | -$321.3M |
| Cash From Financing | -$145.1M | $39.2M | -$33.3M | $62.7M | -$113.6M | $73.1M |
| Free Cash Flow | $117.1M | -$28.8M | $56.8M | $126.9M | $129.3M | $105.4M |
Figures from Modine Manufacturing's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Modine Manufacturing financials page for every line item.
Modine Manufacturing Company Profile
| Ticker | MOD |
|---|---|
| Exchange | NYSE |
| Industry | Motor Vehicle Parts & Accessories |
| Headquarters | Racine, Wisconsin |
| Incorporated in | Wisconsin |
| Fiscal Year End | March 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0000067347 |
Frequently Asked Questions
What was Modine Manufacturing's revenue in fiscal 2026?
Modine Manufacturing (MOD) reported revenue of $3.18B for fiscal 2026.
What is Modine Manufacturing's annual revenue history?
Modine Manufacturing's annual revenue by fiscal year: 2021: $1.81B; 2022: $2.05B; 2023: $2.30B; 2024: $2.41B; 2025: $2.58B; 2026: $3.18B.
What was Modine Manufacturing's net income in fiscal 2026?
Modine Manufacturing reported net income of $121.5M for fiscal 2026.
What was Modine Manufacturing's earnings per share (EPS) in fiscal 2026?
Modine Manufacturing's diluted EPS was $2.26 for fiscal 2026 (adjusted for any later stock splits).
How much free cash flow did Modine Manufacturing generate in fiscal 2026?
Modine Manufacturing generated $105.4M of free cash flow in fiscal 2026.
What was Modine Manufacturing's revenue last quarter?
In its most recent reported quarter (2027 Q1), Modine Manufacturing reported revenue of $874.1M.
How much debt does Modine Manufacturing have?
Modine Manufacturing reported $428.8M of long-term debt, including the current portion, at the end of fiscal 2026.
How many shares of Modine Manufacturing are outstanding?
Modine Manufacturing reported a weighted average of 53.3 million basic shares outstanding in 2027 Q1.
What is Modine Manufacturing's market cap?
Based on its latest closing price, Modine Manufacturing (MOD) has a market capitalization of about $9.32B.
When does Modine Manufacturing's fiscal year end?
Modine Manufacturing's fiscal year end, as registered with the SEC, is March 31.
Where is Modine Manufacturing headquartered?
Modine Manufacturing lists its business address in Racine, Wisconsin in its SEC filings.