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Modine Manufacturing MOD · USD

Consumer Discretionary · US listing · 🇺🇸 United States

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106.15

+9.87%

Close of 9 Nov 2026, in USD

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Modine Manufacturing annual report

Filed with the US Securities and Exchange Commission

10-K

The latest annual report covers the year to 31 Mar 2026, filed on 27 May 2026.

Read the 10-K on SEC.gov ↗

Five-year highlights

In USD.

FY2026FY2025FY2024FY2023FY2022
Revenue$3.18bn$2.58bn$2.41bn$2.30bn$2.05bn
Operating income$349.9m$283.5m$240.7m$150.4m$119.2m
Net income$121.8m$184.0m$161.5m$153.1m$85.2m
Free cash flow$105.4m$129.3m$126.9m$56.8m−$28.8m
Total assets$2.67bn$1.92bn$1.85bn$1.57bn$1.43bn
Shareholders' equity$1.19bn$910.2m$747.6m$592.8m$450.7m

Revenue by business

Year to 31 Mar 2024

  • Air-cooled products include radiators, charge air coolers, condensers, and engine cooling modules. $681.2m · 28.3%
  • Liquid-cooled products include engine oil coolers, charge air coolers, condensers, and exhaust gas recirculation coolers. $491.6m · 20.4%
  • Heat transfer products include heat transfer coils used in commercial and residential HVAC (heating, ventilating and air conditioning) and refrigeration applications. $419.9m · 17.4%
  • HVAC (heating, ventilating and air conditioning) and refrigeration products (HVAC&R) include commercial and residential unit heaters, vertical and horizontal unit ventilators, air conditioning chillers, low global warming potential unit coolers, air-cooled condensers, and dry coolers. $340.5m · 14.1%
  • Data center cooling solutions, which are integrated with system controls, include air- and liquid-cooled chillers, computer room air conditioner and air handler units, and fan walls. $294.2m · 12.2%
  • Advanced solutions are designed to improve battery range and vehicle life, to zero-emission and hybrid commercial vehicle and automotive customers, including battery thermal management systems, electronics cooling packages, and battery chillers. The advanced solutions also include coating products and application services that extend the life of equipment and components by protecting against corrosion. $180.4m · 7.5%

Revenue by region

Year to 31 Mar 2024

  • Americas [Member] $1.37bn · 57.0%
  • Europe [Member] $840.6m · 34.9%
  • Asia [Member] $219.9m · 9.1%

Filings

Newest first, from SEC EDGAR

Sources and methodology

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