Modine Manufacturing
MOD
189.44
-0.47
-0.25%
Modine Manufacturing
US · MOD
#1523 by market cap
Listed 1970
189.44
-0.47
-0.25%
Live - 5344 symbols - heartbeat 510s ago
· 2026-10-08 08:16
Pre-market
185.99
-1.82%
After-hours
189.44
0.00%
Overnight
187.80
-0.87%
- Market cap
- 10.06B
- P/E (TTM)i
- 70.69
- P/Bi
- 8.37
- EPSi
- 2.26
- Div yieldi
- 0.00%
- 52W posi
- 45%
Reader sentiment
Are you bullish or bearish on MOD?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Good
- Altman Z-Score is 6.56, above the 3.0 "safe zone" threshold.
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 8 years
Latest year +23.13% YoY
Margins
- Gross margin
- 22.98%
- Operating margin
- 11.66%
- Net margin
- 3.82%
Key ratios & quality
- Enterprise valuei
- 10.42B
- Altman Z-Scorei
- 6.56
Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2.21B | 1.98B | 1.81B | 2.05B | 2.30B | 2.41B | 2.58B | 3.18B |
| Gross profit | 365.50M | 307.50M | 293.40M | 309.30M | 389.40M | 525.60M | 643.80M | 731.10M |
| Selling & admin expenses | 244.10M | 249.60M | 210.90M | 215.10M | 234.00M | 273.90M | 332.10M | 360.10M |
| Research & development | -- | -- | -- | -- | -- | -- | -- | -- |
| Operating profit | 121.40M | 57.90M | 82.50M | 94.20M | 155.40M | 251.70M | 311.70M | 371.00M |
| Pretax profit | 80.80M | 10.40M | -119.30M | 101.50M | 125.30M | 214.60M | 254.00M | 186.50M |
| Tax | -5.10M | 12.40M | 90.20M | 15.20M | -28.30M | 51.20M | 68.50M | 63.20M |
| Net profit | 85.90M | -2.00M | -209.50M | 86.30M | 153.60M | 163.40M | 185.50M | 123.30M |
| Basic EPS | 2 | 0 | -4 | 2 | 3 | 3 | 4 | 2 |
| Diluted EPS | 1.65 | -0.04 | -4.11 | 1.62 | 2.90 | 3.03 | 3.42 | 2.26 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 647.20M | 682.80M | 738.90M | 805.00M | 954.40M | 874.10M |
| Gross profit | 166.00M | 165.40M | 164.90M | 186.10M | 214.70M | 182.00M |
| Selling & admin expenses | 81.50M | 84.90M | 84.20M | 89.30M | 101.70M | 103.30M |
| Research & development | -- | -- | -- | -- | -- | -- |
| Operating profit | 84.50M | 80.50M | 80.70M | 96.80M | 113.00M | 78.70M |
| Pretax profit | 66.80M | 65.70M | 63.70M | -38.50M | 95.60M | 68.60M |
| Tax | 16.70M | 14.00M | 18.90M | 8.30M | 22.00M | -5.70M |
| Net profit | 50.10M | 51.70M | 44.80M | -46.80M | 73.60M | 74.30M |
| Basic EPS | 1 | 1 | 1 | -1 | 1 | 1 |
| Diluted EPS | 0.92 | 0.95 | 0.83 | -0.90 | 1.36 | 1.37 |
Balance sheet
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 646.80M | 633.30M | 644.80M | 757.60M | 846.40M | 894.00M | 961.20M | 1.42B |
| Cash & ST investments | 41.70M | 70.90M | 37.80M | 45.20M | 67.10M | 60.10M | 71.60M | 73.50M |
| Inventory | 200.70M | 207.40M | 195.60M | 281.20M | 324.90M | 357.90M | 340.90M | 506.10M |
| Total assets | 1.54B | 1.54B | 1.28B | 1.43B | 1.57B | 1.85B | 1.92B | 2.67B |
| Total current liabilities | 470.00M | 372.00M | 469.20M | 494.50M | 507.10M | 545.80M | 541.00M | 728.90M |
| Short-term debt | 67.50M | 30.40M | 23.30M | 29.40M | 23.40M | 31.70M | 54.10M | 51.40M |
| Long-term debt | 382.20M | 452.00M | 311.20M | 348.40M | 329.30M | 399.90M | 296.70M | 384.90M |
| Total liabilities | 996,900,000.00 | 1,042,500,000.00 | 920,600,000.00 | 968,900,000.00 | 966,300,000.00 | 1,096,000,000.00 | 999,400,000.00 | 1,471,800,000.00 |
| Total equity | 541.10M | 493.60M | 356.10M | 458.10M | 599.60M | 755.50M | 918.20M | 1.20B |
| Retained earnings | 472.10M | 469.90M | 259.20M | 344.40M | 497.50M | 659.00M | 843.00M | 964.50M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 961.20M | 1.16B | 1.25B | 1.30B | 1.42B | 1.53B |
| Cash & ST investments | 71.60M | 124.50M | 83.80M | 98.70M | 73.50M | 95.30M |
| Inventory | 340.90M | 434.80M | 528.80M | 542.90M | 506.10M | 609.00M |
| Total assets | 1.92B | 2.23B | 2.39B | 2.48B | 2.67B | 2.80B |
| Total current liabilities | 541.00M | 561.90M | 625.90M | 596.20M | 728.90M | 749.80M |
| Short-term debt | 54.10M | 45.00M | 56.30M | 45.10M | 51.40M | 52.00M |
| Long-term debt | 296.70M | 482.10M | 525.80M | 570.70M | 384.90M | 476.20M |
| Total liabilities | 999,400,000.00 | 1,209,800,000.00 | 1,324,800,000.00 | 1,353,100,000.00 | 1,471,800,000.00 | 1,585,600,000.00 |
| Total equity | 918.20M | 1.02B | 1.06B | 1.13B | 1.20B | 1.21B |
| Retained earnings | 843.00M | 894.20M | 938.60M | 891.20M | 964.50M | 1.04B |
Cash flow
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 103.30M | 57.90M | 149.80M | 11.50M | 107.50M | 214.60M | 213.30M | 248.70M |
| Depreciation & amortization | 76.90M | 77.10M | 68.60M | 54.80M | 54.50M | 56.10M | 77.70M | 79.70M |
| Free cash flow | 29.40M | -13.40M | 117.10M | -28.80M | 56.80M | 126.90M | 129.30M | 105.40M |
| Dividends paid | -- | -- | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | -600.00K | -2.40M | 0 | 0 | -9.00M | -17.70M | -30.90M | -7.00M |
| Ending cash balance | 42.20M | 71.30M | 46.10M | 45.40M | 67.20M | 60.30M | 71.90M | 73.70M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | 54.80M | 27.70M | 1.40M | 24.70M | 194.90M | 41.40M |
| Depreciation & amortization | 19.20M | 19.00M | 19.70M | 20.40M | 20.60M | 20.70M |
| Free cash flow | 27.10M | 200.00K | -30.50M | -17.10M | 152.80M | -5.00M |
| Dividends paid | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | -18.60M | -5.10M | -600.00K | -1.10M | -200.00K | -64.60M |
| Ending cash balance | 71.90M | 124.70M | 84.00M | 98.90M | 73.70M | 95.50M |
Returns & efficiency
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| ROE %i | 16.48 | -0.43 | -50.37 | 21.32 | 29.34 | 24.10 | 22.20 | 11.55 |
| ROA %i | 5.43 | -0.14 | -14.98 | 6.30 | 10.23 | 9.45 | 9.76 | 5.29 |
| ROIC %i | 10.47 | 1.44 | -23.82 | 12.98 | 18.88 | 16.62 | 16.50 | 9.76 |
| 5-year avg ROE %i | 6.00 | 4.81 | -5.18 | -1.63 | 3.27 | 4.79 | 9.32 | 21.70 |
| EBIT margin %i | 4.77 | 1.68 | -5.52 | 5.71 | 6.35 | 9.91 | 10.85 | 6.86 |
| FCF / sales %i | 1.33 | -- | 6.48 | -- | 2.47 | 5.27 | 5.00 | 3.31 |
| Current ratioi | 1.38 | 1.70 | 1.37 | 1.53 | 1.67 | 1.64 | 1.78 | 1.94 |
| Quick ratioi | 0.81 | 0.98 | 0.65 | 0.83 | 0.92 | 0.88 | 1.02 | 1.10 |
| Debt / assetsi | 29.24 | 31.40 | 26.20 | 26.48 | 22.52 | 23.31 | 18.29 | 16.31 |
| LT debt / equityi | 71.59 | 92.64 | 89.25 | 77.30 | 55.55 | 53.49 | 32.60 | 32.22 |
| Interest coveragei | 4.26 | 1.46 | -5.15 | 7.51 | 7.05 | 9.90 | 10.62 | 6.90 |
| Revenue CAGR (3Y) %i | 17.83 | 9.54 | -4.91 | -2.51 | 5.17 | 10.01 | 8.01 | 11.45 |
| Net income CAGR (3Y) %i | -- | -- | -- | 0.16 | -- | -- | 29.26 | -7.42 |
| FCF CAGR (3Y) %i | -- | -- | 30.08 | -- | -- | 2.72 | -- | 22.88 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | 22.20 | 20.88 | 19.47 | 9.89 | 11.55 | 13.03 |
| ROA %i | 9.76 | 9.18 | 8.66 | 4.54 | 5.29 | 5.74 |
| ROIC %i | 16.50 | 14.80 | 14.05 | 7.72 | 9.76 | 10.25 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | 10.85 | 10.66 | 10.28 | 6.47 | 6.86 | 6.57 |
| FCF / sales %i | 5.00 | 4.45 | 1.55 | -- | 3.31 | 2.97 |
| Current ratioi | 1.78 | 2.06 | 2.00 | 2.19 | 1.94 | 2.04 |
| Quick ratioi | 1.02 | 1.14 | 1.03 | 1.12 | 1.10 | 1.01 |
| Debt / assetsi | 18.29 | 23.65 | 24.40 | 24.80 | 16.31 | 18.90 |
| LT debt / equityi | 32.60 | 47.66 | 49.91 | 50.87 | 32.22 | 39.63 |
| Interest coveragei | 10.62 | 11.25 | 10.78 | 6.57 | 6.90 | 6.88 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
✦ Quant Revenue Concentration how this is computed
Diversified
- Data Centers is the largest reported line at 39.88% of revenue, across 4 reported segments.
- No single line clears half of revenue; Performance Technologies is next at 31.78%, spreading the business across more than one real driver.
Revenue breakdown most recent period
Business
Data Centers39.88%
Performance Technologies31.78%
Commercial HVAC29.93%
Quote time 2026-10-08 08:16:59 · For reference only, not investment advice and not tailored to your situation.