MODINE MANUFACTURING CO

Listed Company

MODCIK 0000067347NYSELarge AcceleratedMotor Vehicle Parts & AccessoriesWisconsinFY ends Mar 31

Period

FY 2026

Revenue

$3.18B

Net Income

$121.50M

Total Assets

$2.67B

Equity

$1.19B

Shares Out

52.82M

Op. Cash Flow

$248.70M

MOD$229.67+135.53% · past yearDBEQ Basic

Daily closing prices

Business

Modine Manufacturing Company designs, engineers, tests, and manufactures mission-critical thermal management solutions for HVAC&R, data center cooling, and vehicular applications. Primary products include chillers, heat exchangers, coils, air handling units, radiators, charge-air coolers, and thermal systems for commercial, industrial, and mobile end markets. The company operates through two reportable segments—Climate Solutions (data centers, heat transfer solutions, HVAC technologies) and Performance Technologies (heavy-duty equipment, on-highway applications)—serving OEMs, wholesalers, contractors, and end users across North America, Europe, Asia, and South America.

Summary from 10-K filed 2026-05-27

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2026 2026-03-31	FY 2025 2025-03-31	FY 2024 2024-03-31	FY 2023 2023-03-31	FY 2022 2022-03-31
Net sales	3,181	2,584	2,408	2,298	2,050
Cost of sales	2,450	1,940	1,882	1,909	1,741
Gross profit	731	644	526	389	309
Selling, general and administrative expenses	360	332	274	234	215
Restructuring expenses	21	28	15	5	24
Impairment charge	4	0	0	—	—
Loss (gain) on sale of assets	4	0	−4	0	7
Operating income	342	284	241	150	119
Interest expense	−32	−26	−24	—	—
Pension termination charge	−116	0	0	—	—
Other expense - net	−8	−3	−2	−4	−2
Earnings before income taxes	187	254	215	125	102
Provision for income taxes	−63	−69	−51	28	−15
Net earnings	123	186	163	154	86
Net earnings attributable to noncontrolling interest	−2	−2	−2	−500,000	−1
Net earnings attributable to Modine	122	184	162	153	85
Basic (in dollars per share)	2.3	3.5	3.08	2.93	1.64
Diluted (in dollars per share)	2.26	3.42	3.03	2.9	1.62
Basic (in shares)	53	53	52	52	52
Diluted (in shares)	54	54	53	53	53

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2026 2026-03-31	FY 2025 2025-03-31	FY 2024 2024-03-31	FY 2023 2023-03-31	FY 2022 2022-03-31
Cash and cash equivalents	74	72	60	67	45
Trade accounts receivable - net	731	479	423	398	368
Inventories	506	341	358	325	281
Other current assets	106	70	53	56	64
Total current assets	1,416	961	894	846	758
Property, plant and equipment - net	521	391	366	315	315
Intangible assets - net	197	147	188	81	90
Goodwill	292	234	231	166	168
Deferred income taxes	85	67	75	84	27
Other noncurrent assets	163	118	98	75	68
Total assets	2,675	1,918	1,852	1,566	1,427
Short-term debt	8	9	12	4	8
Long-term debt - current portion	44	45	20	20	22
Accounts payable	465	291	283	333	326
Accrued compensation and employee benefits	95	103	102	90	85
Other current liabilities	118	93	129	61	54
Total current liabilities	729	541	546	507	495
Long-term debt	385	297	400	329	348
Deferred income taxes	26	24	30	5	6
Pensions	11	29	28	40	47
Other noncurrent liabilities	321	108	93	85	73
Total liabilities	1,472	999	1,096	966	969
Commitments and contingencies (see Note 20)	—	—	—	—	—
Preferred stock, $0.025 par value, authorized 16.0 million shares, issued - none	—	—	0	0	0
Common stock, $0.625 par value, authorized 80.0 million shares, issued 57.0 million and 56.5 million shares	36	35	35	35	34
Additional paid-in capital	336	311	284	271	262
Retained earnings	965	843	659	498	344
Accumulated other comprehensive loss	−37	−181	−163	−161	−150
Treasury stock, at cost, 4.2 million and 4.1 million shares	−105	−98	−67	−49	−40
Total Modine shareholders' equity	1,195	910	748	593	451
Noncontrolling interest	8	8	8	7	7
Total equity	1,203	918	756	600	458
Total liabilities and equity	2,675	1,918	1,852	1,566	1,427

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2026 2026-03-31	FY 2025 2025-03-31	FY 2024 2024-03-31	FY 2023 2023-03-31	FY 2022 2022-03-31
Depreciation and amortization	80	78	56	55	55
Stock-based compensation expense	22	26	11	7	6
Deferred income taxes	−39	7	6	−60	−4
Other - net	7	7	6	5	3
Trade accounts receivable	−223	−61	−8	−41	−56
Inventories	−125	14	−17	−49	−71
Accounts payable	151	11	−59	10	55
Accrued compensation and employee benefits	−14	2	15	6	10
Increase (decrease) in contract liabilities	159	−45	58	10	—
Other assets	−3	15	12	20	−2
Other liabilities	−14	−25	−25	−9	−22
Net cash provided by operating activities	249	213	215	108	12
Expenditures for property, plant and equipment	−143	−84	−88	−51	−40
Payments for business acquisitions, net of cash acquired	−182	−3	−186	0	0
Purchase of TMGcore, Inc. technology and related assets (see Note 2)	0	0	−12	0	0
Proceeds from (payments for) disposition of assets	800,000	800,000	−800,000	300,000	−8
Other - net	4	0	3	0	2
Net cash used for investing activities	−321	−87	−283	−50	−51
Borrowings of debt	830	415	333	374	352
Repayments of debt	−746	−496	−260	−403	−307
(Repayments) borrowings on bank overdrafts - net	−5	−700,000	6	3	−4
Purchases of treasury stock	−7	−31	−18	−9	0
Dividends paid to noncontrolling interest	−2	−1	−500,000	−600,000	−900,000
Other - net	3	900,000	3	2	−700,000
Net cash provided by (used for) financing activities	73	−114	63	−33	39
Effect of exchange rate changes on cash	1	−2	−800,000	−2	−400,000
Net increase (decrease) in cash, cash equivalents and restricted cash	2	12	−7	22	−700,000

Filings

Filing historySign up free to browse every 10-K, 10-Q, 8-K, and proxy this filer has submitted to the SEC.Sign up free · Upgrade to Pro

Material Events

Material EventsTrack every 8-K filing and material event — AI-summarized, timelined, and alertable.Sign up free · Upgrade to Pro

Insiders

Insider ActivitySee executive buy/sell windows and insider trade activity over rolling 30/90/365-day windows.Sign up free · Upgrade to Pro

Institutional Holders

Institutional HoldersSee which funds hold this stock and track position changes quarter over quarter.Sign up free · Upgrade to Pro

Frequently asked questions

What is MODINE MANUFACTURING CO's CIK number?

MODINE MANUFACTURING CO's SEC CIK number is 0000067347 (67347). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.

Where can I find MODINE MANUFACTURING CO's SEC filings?

All of MODINE MANUFACTURING CO's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.

When did MODINE MANUFACTURING CO last report earnings?

MODINE MANUFACTURING CO (MOD) most recently filed an earnings 8-K with the SEC on May 26, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001104659-26-066291). This is MODINE MANUFACTURING CO's most recent earnings filing of record — not a forecast of its next earnings date.

What is MODINE MANUFACTURING CO's most recent earnings 8-K?

MODINE MANUFACTURING CO's latest earnings 8-K (Item 2.02) was filed May 26, 2026 under accession 0001104659-26-066291. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.

View MODINE MANUFACTURING CO's latest earnings 8-K →
Look up any company's CIK number →