Modine Manufacturing (MOD) Financials: History & Chart

Modine Manufacturing Company(MOD)

Industrial - Machinery · Racine, WI

$178.20-11.01 (-5.82%)

Delayed quote: Oct 2, 2026, 4:00 PM EDT

About Modine Manufacturing Company

Modine Manufacturing Company specializes in delivering advanced thermal management systems and heat exchange components, primarily catering to original equipment manufacturers (OEMs) in both on- and off-highway vehicular markets. The company's operations are structured into two main segments: Climate Solutions and Performance Technologies. Its extensive product portfolio encompasses a wide array of heating, ventilation, and air conditioning (HVAC) solutions. This includes various heating units such as gas-fired, hydronic, electric, and oil-fired models, alongside indoor and outdoor duct furnaces, infrared units, and perimeter heating offerings like commercial fin-tube radiation, cabinet unit heaters, and convectors. Modine also supplies roof-mounted direct- and indirect-fired makeup air units, unit ventilators, single packaged vertical units, and precision air conditioning systems designed for data centers. Further HVAC offerings feature air handler units, fan walls, chillers, ceiling cassettes, hybrid fan coils, and diverse condensers and condensing units. Beyond HVAC, Modine manufactures a range of coils, including microchannel, heat recovery, round tube plate fin, and specialized motor and generator cooling coils. Its comprehensive cooling product line also features evaporator units, fluid coolers, transformer oil coolers, gas and air blast coolers, dry and brine coolers, and remote condensers. Additionally, the company provides protective coatings to guard against corrosion. Furthermore, Modine is a key supplier of advanced thermal management solutions for vehicles. This covers powertrain cooling products such as engine cooling modules, radiators, charge air coolers, condensers, oil coolers, fan shrouds, and surge tanks. On-engine cooling components comprise exhaust gas recirculation (EGR), engine oil, fuel, charge air, and intake air coolers. Auxiliary cooling solutions include transmission and retarder oil coolers, and power steering coolers. The company also offers complete battery thermal management systems and electronics cooling packages, crucial for modern electric and hybrid vehicles. Modine caters to a broad customer base, including original equipment manufacturers (OEMs) in the HVAC, automotive, truck, bus, specialty vehicle, agricultural, industrial, and construction sectors. Its reach extends to construction architects, contractors, and wholesalers of heating equipment, as well as OEMs for commercial and industrial machinery. With a significant global footprint, Modine operates across North America, South America, Europe, and Asia. Established in 1916, Modine Manufacturing Company maintains its corporate headquarters in Racine, Wisconsin.

Racine, WI

13,200 employees

www.modine.com

Industrials / Industrial - Machinery

Sector: Industrials
Industry: Industrial - Machinery
CEO: Neil D. Brinker

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Financials

SEC Filings

Quarterly Income Statement (USD)

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Quarterly Report	TTM	Quarter ended Jun 2026	Quarter ended Mar 2026	Quarter ended Dec 2025	Quarter ended Sep 2025	Quarter ended Jun 2025	Quarter ended Mar 2025	Quarter ended Dec 2024	Quarter ended Sep 2024
Revenue	3.37B	874.10M	954.40M	805.00M	738.90M	682.80M	647.20M	616.80M	658.00M
Cost of Goods Sold	2.62B	692.10M	739.70M	618.90M	574.00M	517.40M	479.60M	467.20M	492.40M
Gross Profit	747.70M	182.00M	214.70M	186.10M	164.90M	165.40M	167.60M	149.60M	165.60M
Gross Profit Margin	22.2%	20.8%	22.5%	23.1%	22.3%	24.2%	25.9%	24.3%	25.2%
Total Operating Expenses	398.70M	107.20M	110.80M	89.30M	91.40M	89.70M	93.10M	90.30M	90.30M
Research & Development	N/A	N/A	N/A	N/A	N/A	N/A	34.90M	N/A	N/A
Selling, General & Administrative	378.50M	103.30M	101.70M	89.30M	84.20M	84.90M	47.30M	83.20M	86.90M
Operating Income (EBIT)	349.00M	74.80M	103.90M	96.80M	73.50M	75.70M	74.50M	59.30M	75.30M
Operating Margin	10.3%	8.6%	10.9%	12.0%	9.9%	11.1%	11.5%	9.6%	11.4%
Income Before Tax (EBT)	189.40M	68.60M	95.60M	-38.50M	63.70M	65.70M	66.80M	54.20M	66.40M
Interest Income	1.00M	N/A	N/A	500K	500K	500K	700K	500K	800K
Interest Expense	32.20M	6.40M	8.60M	8.90M	8.30M	5.80M	5.30M	6.20M	7.40M
Other Income/Expense	-159.60M	-6.20M	-8.30M	-135.30M	-9.80M	-10.00M	-7.70M	-5.10M	-8.90M
Net Income	144.50M	73.90M	73.60M	-47.40M	44.40M	51.20M	49.60M	41.00M	46.10M
Income Tax Expense	43.50M	-5.70M	22.00M	8.30M	18.90M	14.00M	16.70M	13.00M	20.00M
Net Profit Margin	4.3%	8.5%	7.7%	-5.9%	6.0%	7.5%	7.7%	6.6%	7.0%
EBITDA	430.40M	95.50M	124.50M	117.20M	93.20M	94.70M	93.70M	78.70M	95.30M
EBITDA Margin	12.8%	10.9%	13.0%	14.6%	12.6%	13.9%	14.5%	12.8%	14.5%
Depreciation & Amortization	81.40M	20.70M	20.60M	20.40M	19.70M	19.00M	19.20M	19.40M	20.00M
EPS Basic	2.67	1.37	1.36	-0.90	0.84	0.95	0.93	0.76	0.88
EPS Diluted	2.66	1.37	1.36	-0.90	0.83	0.95	0.92	0.76	0.86
Weighted Average Basic Shares	54.00M	54.00M	54.00M	52.80M	52.70M	53.70M	53.27M	53.95M	52.50M
Weighted Average Diluted Shares	54.00M	54.00M	54.00M	52.80M	53.80M	53.70M	53.92M	53.95M	53.90M

Annual Income Statement (USD)

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Annual Report	03/31/2026	03/31/2025	03/31/2024	03/31/2023	03/31/2022	03/31/2021	03/31/2020	03/31/2019
Revenue	3.18B	2.58B	2.41B	2.30B	2.05B	1.81B	1.98B	2.21B
Cost of Goods Sold	2.45B	1.94B	1.88B	1.91B	1.74B	1.51B	1.67B	1.85B
Gross Profit	731.10M	645.40M	527.20M	389.40M	309.30M	293.40M	307.50M	365.50M
Gross Profit Margin	23.0%	25.0%	21.9%	16.9%	15.1%	16.2%	15.6%	16.5%
Total Operating Expenses	381.20M	361.90M	286.50M	239.00M	190.10M	391.10M	269.60M	255.80M
Research & Development	N/A	34.90M	42.00M	44.00M	50.30M	46.30M	59.50M	69.80M
Selling, General & Administrative	360.10M	332.10M	232.10M	192.00M	166.00M	160.50M	192.50M	176.30M
Operating Income (EBIT)	349.90M	283.50M	240.70M	150.40M	119.20M	-97.70M	37.90M	109.70M
Operating Margin	11.0%	11.0%	10.0%	6.5%	5.8%	-5.4%	1.9%	5.0%
Income Before Tax (EBT)	186.50M	254.00M	214.60M	125.30M	101.50M	-119.30M	10.40M	80.80M
Interest Income	1.50M	2.70M	4.30M	1.30M	400K	500K	400K	400K
Interest Expense	31.60M	26.40M	24.10M	20.70M	15.60M	19.40M	22.70M	24.80M
Other Income/Expense	-163.40M	-29.50M	-26.10M	-25.10M	-17.70M	-21.60M	-27.50M	-28.90M
Net Income	121.80M	184.00M	161.50M	153.10M	85.20M	-210.70M	-2.20M	84.80M
Income Tax Expense	63.20M	68.50M	51.20M	-28.30M	15.20M	90.20M	12.40M	-5.10M
Net Profit Margin	3.8%	7.1%	6.7%	6.7%	4.2%	-11.7%	-0.1%	3.8%
EBITDA	429.60M	361.20M	296.80M	204.90M	174.00M	-29.10M	115.00M	186.60M
EBITDA Margin	13.5%	14.0%	12.3%	8.9%	8.5%	-1.6%	5.8%	8.4%
Depreciation & Amortization	79.70M	77.70M	56.10M	54.50M	54.80M	68.60M	77.10M	76.90M
EPS Basic	2.25	3.50	3.08	2.93	1.64	-4.11	-0.04	1.67
EPS Diluted	2.24	3.42	3.02	2.90	1.62	-4.11	-0.04	1.65
Weighted Average Basic Shares	54.00M	52.60M	52.40M	52.30M	52.00M	51.30M	50.80M	50.70M
Weighted Average Diluted Shares	54.00M	53.90M	53.40M	52.80M	52.50M	51.30M	50.80M	51.30M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.