MOD
$178.20-5.82%
as of close, Oct 2, 2026
☾ AH $178.20 -5.82%
Modine Manufacturing CompanyStock · Consumer DiscretionaryRussell 1000 0.02%Russell 3000 0.02%US Stock Market 0.02%
MOD financial statements
The full income statement, balance sheet, and cash-flow statement for Modine Manufacturing Company (MOD), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 52.4M2024-09 52.5M2024-12 52.6M2025-03 52.4M2025-06 52.5M2025-09 52.6M2025-12 52.7M2026-03 52.8M2026-06 53.1M+1.3% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|---|---|
| Income Statement | as ofMar 31 ’26 | as ofMar 31 ’25 | as ofMar 31 ’24 | as ofMar 31 ’23 | as ofMar 31 ’22 | |
| Revenue | 3.18B+23.1% | 2.58B+7.3% | 2.41B+4.8% | 2.30B+12.1% | 2.05B+13.4% | |
| 731M+13.6% | 644M+22.5% | 526M+35.0% | 389M+25.9% | 309M+5.4% | ||
| Cost of revenue | 2.45B+26.3% | 1.94B+3.1% | 1.88B-1.4% | 1.91B+9.6% | 1.74B+14.9% | |
| Research & development | 29.3M-16.0% | 34.9M-16.9% | 42.0M-4.5% | 44.0M-12.5% | 50.3M+8.6% | |
| Selling, general & administrative | 360M+8.4% | 332M+21.2% | 274M+17.1% | 234M+8.8% | 215M+2.0% | |
| Restructuring | 20.6M-27.0% | 28.2M+88.0% | 15.0M+200.0% | 5.00M-79.3% | 24.1M+79.9% | |
| Amortization of intangibles | 21.0M-23.4% | 27.4M+197.8% | 9.20M+15.0% | 8.00M-4.8% | 8.40M-1.2% | |
| Operating income | 342M+20.8% | 284M+17.8% | 241M+60.0% | 150M+26.2% | 119M+222.0% | |
| Interest expense | 31.6M+19.7% | 26.4M+9.5% | 24.1M+16.4% | 20.7M+32.7% | 15.6M-19.6% | |
| Interest & investment income | 2.00M-25.9% | 2.70M-37.2% | 4.30M+230.8% | 1.30M+225.0% | 400K-20.0% | |
| Other non-operating income | -8.20M-164.5% | -3.10M-55.0% | -2.00M+54.5% | -4.40M-109.5% | -2.10M+4.5% | |
| Equity-method income | — | — | — | — | 0.00 | |
| Pre-tax income | 187M-26.6% | 254M+18.4% | 215M+71.3% | 125M+23.4% | 102M+185.1% | |
| Income tax | 63.2M-7.7% | 68.5M+33.8% | 51.2M+280.9% | -28.3M-286.2% | 15.2M-83.1% | |
| 122M-34.0% | 184M+13.9% | 162M+5.5% | 153M+79.7% | 85.2M+140.4% | ||
| Net income to non-controlling interest | 1.80M+20.0% | 1.50M-21.1% | 1.90M+280.0% | 500K-54.5% | 1.10M-8.3% | |
| $2.26-33.9% | $3.42+12.9% | $3.03+4.5% | $2.90+79.0% | $1.62+139.4% | ||
| EPS (basic) | $2.30-34.3% | $3.50+13.6% | $3.08+5.1% | $2.93+78.7% | $1.64+139.9% | |
| Weighted-avg shares (basic) | 52.8M+0.4% | 52.6M+0.4% | 52.4M+0.2% | 52.3M+0.6% | 52.0M+1.4% | |
| Weighted-avg shares (diluted) | 53.8M-0.2% | 53.9M+0.9% | 53.4M+1.1% | 52.8M+0.6% | 52.5M+2.3% | |
| Balance Sheet | as ofMar 31 ’26 | as ofMar 31 ’25 | as ofMar 31 ’24 | as ofMar 31 ’23 | as ofMar 31 ’22 | |
| 1.42B+47.3% | 961M+7.5% | 894M+5.6% | 846M+11.7% | 758M+17.5% | ||
| Cash & equivalents | 73.5M+2.7% | 71.6M+19.1% | 60.1M-10.4% | 67.1M+48.5% | 45.2M+19.6% | |
| Short-term investments | — | — | 0.00-100.0% | 3.50M-5.4% | 3.70M+0.0% | |
| Accounts receivable | 731M+52.6% | 479M+13.2% | 423M+6.3% | 398M+8.3% | 368M+37.2% | |
| Inventory | 506M+48.5% | 341M-4.7% | 358M+10.2% | 325M+15.5% | 281M+43.8% | |
| Other current assets | 106M+51.1% | 69.8M+31.5% | 53.1M-5.9% | 56.4M-11.5% | 63.7M+77.4% | |
| 2.67B+39.5% | 1.92B+3.6% | 1.85B+18.2% | 1.57B+9.7% | 1.43B+11.8% | ||
| Property, plant & equipment | 521M+33.4% | 391M+6.8% | 366M+16.3% | 315M-0.3% | 315M+16.9% | |
| Operating lease right-of-use | 139M+42.9% | 97.2M+27.9% | 76.0M+28.6% | 59.1M+13.4% | 52.1M-3.7% | |
| Goodwill | 292M+24.9% | 234M+1.3% | 231M+39.4% | 166M-1.5% | 168M-1.5% | |
| Intangible assets | 197M+34.3% | 147M-22.1% | 188M+132.2% | 81.1M-10.2% | 90.3M-10.2% | |
| Deferred tax assets | 85.3M+27.3% | 67.0M-10.8% | 75.1M-10.3% | 83.7M+207.7% | 27.2M+11.0% | |
| Other non-current assets | 163M+38.0% | 118M+21.3% | 97.5M+30.7% | 74.6M+9.1% | 68.4M+3.3% | |
| 729M+34.7% | 541M-0.9% | 546M+7.6% | 507M+2.5% | 495M+5.4% | ||
| Accounts payable | 465M+59.8% | 291M+2.6% | 283M-14.8% | 333M+2.1% | 326M+39.3% | |
| Deferred revenue | 23.9M-28.0% | 33.2M | — | — | — | |
| Short-term & current debt | 7.50M-19.4% | 9.30M-22.5% | 12.0M+224.3% | 3.70M-51.9% | 7.70M+450.0% | |
| Current lease liability | 26.3M+46.1% | 18.0M+17.6% | 15.3M+29.7% | 11.8M-7.1% | 12.7M+13.4% | |
| Other current liabilities | 118M+25.9% | 93.4M-27.7% | 129M+111.3% | 61.1M+12.7% | 54.2M+28.4% | |
| Finance lease liability (current) | 500K+0.0% | 500K+25.0% | 400K+0.0% | 400K+0.0% | 400K+0.0% | |
| 1.47B+47.3% | 999M-8.8% | 1.10B+13.4% | 966M-0.3% | 969M+5.2% | ||
| Long-term debt | 385M+29.7% | 297M-25.8% | 400M+21.4% | 329M-5.5% | 348M+12.0% | |
| Deferred revenue (non-current) | 171M+8878.9% | 1.90M | — | — | — | |
| Non-current lease liability | 118M+45.8% | 80.6M+29.8% | 62.1M+27.0% | 48.9M+18.7% | 41.2M-8.0% | |
| Operating lease liability (total) | 144M+45.8% | 98.6M+27.4% | 77.4M+27.5% | 60.7M+12.6% | 53.9M-3.8% | |
| Finance lease liability (total) | 2.30M-14.8% | 2.70M+17.4% | 2.30M-14.8% | 2.70M-15.6% | 3.20M-11.1% | |
| Finance lease liability | 1.80M-18.2% | 2.20M+15.8% | 1.90M-17.4% | 2.30M-17.9% | 2.80M-12.5% | |
| Deferred tax liabilities | 25.6M+6.2% | 24.1M-19.7% | 30.0M+525.0% | 4.80M-18.6% | 5.90M+0.0% | |
| Other non-current liabilities | 332M+207.2% | 108M+16.8% | 92.6M+9.1% | 84.9M+16.5% | 72.9M-3.7% | |
| 1.19B+31.2% | 910M+21.7% | 748M+26.1% | 593M+31.5% | 451M+29.3% | ||
| Preferred stock | — | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock | 35.6M+0.8% | 35.3M+0.9% | 35.0M+1.2% | 34.6M+1.2% | 34.2M+0.9% | |
| Additional paid-in capital | 336M+8.1% | 311M+9.6% | 284M+4.8% | 271M+3.5% | 262M+2.6% | |
| Retained earnings | 965M+14.4% | 843M+27.9% | 659M+32.5% | 498M+44.5% | 344M+32.9% | |
| Treasury stock | 105M+7.2% | 97.6M+46.3% | 66.7M+36.1% | 49.0M+22.5% | 40.0M+4.7% | |
| Accumulated other comprehensive income | -37.1M+79.5% | -181M-11.0% | -163M-1.4% | -161M-7.8% | -150M+7.3% | |
| Non-controlling interest | 8.30M+3.8% | 8.00M+1.3% | 7.90M+16.2% | 6.80M-8.1% | 7.40M+0.0% | |
| Total equity incl. non-controlling | 1.20B+31.0% | 918M+21.5% | 756M+26.0% | 600M+30.9% | 458M+28.6% | |
| Total liabilities & equity | 2.67B+39.5% | 1.92B+3.6% | 1.85B+18.2% | 1.57B+9.7% | 1.43B+11.8% | |
| Common shares issued | 57.0M+0.9% | 56.5M+0.7% | 56.1M+1.3% | 55.4M+1.1% | 54.8M+0.9% | |
| Shares outstanding (cover) | 52.8M+0.8% | 52.4M+0.1% | 52.3M+0.5% | 52.1M+0.2% | 52.0M+0.7% | |
| Cash Flow | as ofMar 31 ’26 | as ofMar 31 ’25 | as ofMar 31 ’24 | as ofMar 31 ’23 | as ofMar 31 ’22 | |
| 249M+16.6% | 213M-0.6% | 215M+99.6% | 108M+834.8% | 11.5M-92.3% | ||
| Depreciation & amortization | 79.7M+2.6% | 77.7M+38.5% | 56.1M+2.9% | 54.5M-0.5% | 54.8M-20.1% | |
| Intangible amortization | 21.0M-23.4% | 27.4M+197.8% | 9.20M+15.0% | 8.00M-4.8% | 8.40M-1.2% | |
| Share-based compensation | 22.1M-16.3% | 26.4M+144.4% | 10.8M+63.6% | 6.60M+15.8% | 5.70M-9.5% | |
| Deferred income taxes | -39.1M-701.5% | 6.50M+4.8% | 6.20M+110.4% | -59.6M-1468.4% | -3.80M-105.6% | |
| Change in receivables | 223M+263.7% | 61.2M+637.3% | 8.30M-79.6% | 40.7M-26.8% | 55.6M+225.1% | |
| Change in inventory | 125M+1019.9% | -13.6M-178.6% | 17.3M-65.0% | 49.4M-30.1% | 70.7M+1314.0% | |
| Change in payables | 151M+1339.0% | 10.5M+117.8% | -59.1M-679.4% | 10.2M-81.5% | 55.1M+25.2% | |
| -321M-271.0% | -86.6M+69.4% | -283M-462.3% | -50.4M+1.2% | -51.0M-62.9% | ||
| Capital expenditure | 143M+70.6% | 84.0M-4.2% | 87.7M+73.0% | 50.7M+25.8% | 40.3M+23.2% | |
| Free cash flow | 105M-18.5% | 129M+1.9% | 127M+123.4% | 56.8M+297.2% | -28.8M-124.6% | |
| Acquisitions | 182M+5264.7% | 3.40M-98.2% | 186M | 0.00 | 0.00 | |
| Other investing activities | -3.60M | 0.00+100.0% | -3.30M | 0.00+100.0% | -1.90M-111.1% | |
| 73.1M+164.3% | -114M-281.2% | 62.7M+288.3% | -33.3M-184.9% | 39.2M+127.0% | ||
| Long-term debt issued | 830M+100.1% | 415M+24.7% | 333M-11.2% | 374M+6.4% | 352M+975.8% | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 7.00M-77.3% | 30.9M+74.6% | 17.7M+96.7% | 9.00M | 0.00 | |
| Dividends paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other financing activities | 3.20M+255.6% | 900K-64.0% | 2.50M+4.2% | 2.40M+442.9% | -700K-123.3% | |
| FX effect on cash | — | — | — | — | -400K-128.6% | |
| Net change in cash | 1.80M-84.5% | 11.6M+268.1% | -6.90M-131.7% | 21.8M+3214.3% | -700K+97.2% | |
| Interest paid | 30.2M+16.2% | 26.0M+11.6% | 23.3M+26.6% | 18.4M+30.5% | 14.1M-21.2% | |
| Income taxes paid | 75.8M+40.6% | 53.9M+19.5% | 45.1M+41.4% | 31.9M+46.3% | 21.8M+10.7% | |
| Valuation Ratios | as ofMar 31 ’26 | as ofMar 31 ’25 | as ofMar 31 ’24 | as ofMar 31 ’23 | as ofMar 31 ’22 | |
| Market cap | 11.4B+184.6% | 4.02B-19.1% | 4.97B+314.1% | 1.20B+156.3% | 468M-38.6% | |
| P/E | 94.2×+331.1% | 21.9×-0.8% | 22.0×+181.0% | 7.8×+42.6% | 5.5× | |
| P/S | 3.6×+131.2% | 1.6×-24.1% | 2.1×+292.8% | 0.5×+128.7% | 0.2×-45.8% | |
| P/B | 9.6×+116.9% | 4.4×-35.3% | 6.8×+237.5% | 2.0×+94.9% | 1.0×-52.5% | |
| P/FCF | 108.6×+249.2% | 31.1×-2.8% | 32.0×+51.5% | 21.1× | — | |
| Earnings yield | 1.1%-76.8% | 4.6%+0.8% | 4.5%-64.4% | 12.8%-29.9% | 18.2% | |
| FCF yield | 0.92%-71.4% | 3.2%+2.9% | 3.1%-34.0% | 4.7% | — | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: MOD’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all MOD filings on SEC EDGAR → Not investment advice.