GBAF Logo
Global Banking & Finance Awards® 2026 Nominations open, free to enter Nominate now →
M

Modine Manufacturing MOD · USD

Consumer Discretionary · US listing · 🇺🇸 United States

Compare

106.15

+9.87%

Close of 9 Nov 2026, in USD

Search any instrument

Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in USD, from our data supplier.

FY2026

Revenue

$3.18bn

FY2017FY2026

Net income

$121.8m

FY2017FY2026

Free cash flow

$105.4m

FY2017FY2026

Shareholders' equity

$1.19bn

FY2017FY2026

Income statement

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Revenue$3.18bn$2.58bn$2.41bn$2.30bn$2.05bn$1.81bn$1.98bn$2.21bn$2.10bn$1.50bn
Gross profit$731.1m$645.4m$527.2m$389.4m$309.3m$293.4m$307.5m$365.5m$356.5m$258.7m
Research and development—$34.9m$42.0m$44.0m$50.3m$46.3m$59.5m$69.8m$65.8m$64.4m
Operating income$349.9m$283.5m$240.7m$150.4m$119.2m−$97.7m$37.9m$119.4m$92.2m$42.3m
Net income$121.8m$184.0m$161.5m$153.1m$85.2m−$210.7m−$2.2m$84.8m$22.2m$14.2m
Diluted earnings per share2.263.482.992.881.61-4.02-0.041.660.430.28

Balance sheet

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Total assets$2.67bn$1.92bn$1.85bn$1.57bn$1.43bn$1.28bn$1.54bn$1.54bn$1.57bn$1.45bn
Cash and short-term investments$73.5m$71.6m$60.1m$70.6m$48.9m$37.8m$70.9m$41.7m$39.3m$34.2m
Total liabilities$1.47bn$999.4m$1.10bn$966.3m$968.9m$920.6m$1.04bn$996.9m$1.07bn$1.03bn
Debt$462.6m$350.8m$431.6m$352.7m$377.8m$334.5m$482.4m$449.7m$479.4m$510.9m
Shareholders' equity$1.19bn$910.2m$747.6m$592.8m$450.7m$348.7m$487.9m$533.9m$490.1m$414.0m
Shares outstanding54m53m54m53m53m52m51m51m51m50m

Cash flow

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Cash from operations$248.7m$213.3m$214.6m$107.5m$11.5m$149.8m$57.9m$103.3m$123.8m$41.6m
Capital spending−$143.3m−$84.0m−$87.7m−$50.7m−$40.3m−$32.7m−$71.3m−$73.9m−$71.0m−$65.4m
Free cash flow$105.4m$129.3m$126.9m$56.8m−$28.8m$117.1m−$13.4m$29.4m$52.8m−$23.8m
Dividends paid———−$600,000−$900,000—−$1.3m−$1.8m−$900,000—

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue$874.1m$954.4m$805.0m$738.9m$682.8m$647.2m$616.8m$658.0m
Gross profit$182.0m$214.7m$186.1m$164.9m$165.4m$167.6m$149.6m$165.6m
Operating income$74.8m$104.2m$96.8m$73.5m$75.7m$74.5m$59.3m$75.3m
Net income$73.9m$73.6m−$47.4m$44.4m$51.2m$49.6m$41.0m$46.1m
Diluted earnings per share1.371.36-0.900.840.970.940.760.85
Cash from operations$41.0m$167.0m$24.0m$29.0m$27.0m$54.0m$60.0m$57.0m
Capital spending−$46.0m−$42.0m−$41.0m−$31.0m−$27.0m−$27.0m−$16.0m−$13.0m
Free cash flow−$5.0m$125.0m−$17.0m−$2.0m$0$27.0m$44.0m$44.0m
Total assets$2.80bn$2.67bn$2.48bn$2.39bn$2.23bn$1.92bn$1.83bn$1.92bn
Cash and short-term investments$95.3m$73.5m$98.9m$84.0m$124.5m$71.6m$83.8m$78.6m
Debt$554.5m$462.6m$639.1m$602.8m$546.9m$368.8m$390.5m$422.8m
Shareholders' equity$1.20bn$1.19bn$1.12bn$1.05bn$1.01bn$910.2m$855.1m$858.8m

Financial ratios

Data as of 4 Oct 2026

FY2026FY2025FY2024FY2023FY2022FY2021FY2020
Gross margin23.0%25.0%21.9%16.9%15.1%16.2%—
Operating margin11.0%11.0%10.0%6.5%5.8%-5.4%—
Net margin3.8%7.1%6.7%6.7%4.2%-11.7%—
Return on equity10.2%20.2%21.6%25.8%18.9%-60.4%—
Return on assets4.6%9.6%8.7%9.8%6.0%-16.5%—
Free cash flow yield4.1%3.2%3.1%1.7%0.5%2.0%—
Revenue growth23.1%7.3%4.8%12.1%13.4%-8.5%—
Earnings growth-33.8%13.9%5.5%79.7%-140.4%9477.3%—
Current ratio1.94x1.78x1.64x1.67x1.53x1.37x—
Debt to equity0.39x0.41x0.60x0.61x0.87x0.99x—
Equity ratio44.7%47.5%40.4%37.9%31.6%27.3%—
Interest coverage11.07x10.74x9.99x7.27x7.64x-5.04x—
R&D as a share of sales—1.4%1.7%1.9%2.5%2.6%3.0%
Buybacks as a share of market value-2.3%2.1%-1.4%-0.6%-1.0%-2.1%—

Growth per year

Compound annual rate

3 years5 years10 years
Revenue11.5%12.0%8.9%
Operating income32.5%—25.2%
Net income-7.3%——

Average margins

Over each period

1 year3 years5 years10 years
Gross margin23.9%21.9%20.2%18.8%
Operating margin11.0%9.8%7.3%5.9%
Net margin5.3%5.9%3.5%2.6%

Valuation history

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Price to earnings43.738.338.720.712.3-2.5-292.94.614.842.1
Price to sales1.72.72.61.40.50.30.30.20.20.4

Market value over time

30 Nov 2016 to 2 Oct 2026, in USD

$552.3m$9.62bn

Share price return

Finished calendar years

2025202420232022202120202019201820172016
Return14%102%186%114%-21%58%20%-50%38%87%

Dividends and splits

Per share, in the currency the company pays

Paid for 0 years. Last went ex-dividend on 19 Nov 2008.

FY2009FY2008FY2007FY2006FY2005FY2004FY2003FY2002
Paid in the year0.300.700.700.700.630.550.500.875
  • 2-for-1 split · 22 Feb 1993

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.