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Modine Manufacturing Company (MOD) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

CONSUMER CYCLICAL · AUTO PARTS · DATA UPDATED 2026-09-19

Modine Manufacturing Company (MOD) operates in the AUTO PARTS industry and is headquartered in Racine, United States with about 13,000 employees. Its market capitalization is roughly $10 billion. In the fiscal year ended 2026-03-31, MOD reported $3.2B in revenue and $122M in net income.

Modine Manufacturing Company designs, engineers, tests, manufactures, and sells mission-critical thermal solutions in the United States, Canada, Italy, Hungary, the United Kingdom, China, and internationally.

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MOD Revenue & Earnings History — Annual Income Statement

Income statementTTM → 2026-06-302026-03-312025-03-312024-03-312023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-312016-03-312015-03-312014-03-312013-03-312012-03-312011-03-312010-03-312009-03-312008-03-312007-03-31
Total Revenue$3.4B$3.2B$2.6B$2.4B$2.3B$2.0B$1.8B$2.0B$2.2B$2.1B$1.5B$1.4B$1.5B$1.5B$1.4B$1.6B$1.4B$1.2B$1.4B$1.8B$1.8B
Gross Profit$748M$731M$645M$527M$389M$309M$293M$308M$366M$356M$259M$234M$246M$242M$209M$258M$231M$170M$187M$270M$282M
Gross Margin %22.2%23.0%25.0%21.9%17.0%15.1%16.2%15.6%16.5%17.0%17.2%17.3%16.5%16.4%15.2%16.3%16.0%14.6%13.3%14.6%16.0%
Operating Income (EBIT)$354M$350M$284M$241M$150M$119M($98M)$38M$110M$92M$42M$37M$53M$37M($1M)$68M$43M$7M($87M)($17M)$46M
Operating Margin %10.5%11.0%11.0%10.0%6.6%5.8%-5.4%1.9%5.0%4.4%2.8%2.7%3.5%2.5%-0.0%4.3%2.9%0.6%-6.2%-0.9%2.6%
Net Income$145M$122M$184M$162M$153M$85M($211M)($2M)$85M$22M$14M($2M)$22M$130M($24M)$39M$5M($29M)($109M)($66M)$42M
Net Margin %4.3%3.8%7.1%6.7%6.7%4.2%-11.7%-0.1%3.8%1.1%0.9%-0.1%1.5%8.8%-1.8%2.5%0.4%-2.5%-7.7%-3.5%2.4%
EBITDA$298M$358M$295M$208M$172M($31M)$110M$196M$184M$96M$53M$112M$94M$55M$120M$102M$77M($16M)$68M$121M
Earnings Per Share (EPS)$2.66$2.26$3.41$3.02$2.90$1.62$-4.11$-0.04$1.65$0.44$0.28$-0.03$0.46$2.74$-0.52$0.83$0.11$-0.73$-3.39$-2.05$1.31
Shares Outstanding (M)54M54M53M53M52M51M51M51M51M50M47M48M48M47M47M47M39M32M32M32M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

MOD Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-30
Total Revenue$874M$954M$805M$739M$683M$647M$617M$658M$662M
Gross Profit$182M$215M$186M$165M$165M$168M$150M$166M$163M
Gross Margin %20.8%22.5%23.1%22.3%24.2%25.9%24.2%25.2%24.6%
Operating Income (EBIT)$79M$104M$97M$74M$76M$74M$59M$75M$74M
Operating Margin %9.0%10.9%12.0%10.0%11.1%11.5%9.6%11.4%11.2%
Net Income$74M$74M($47M)$44M$51M$50M$41M$46M$47M
Net Margin %8.5%7.7%-5.9%6.0%7.5%7.7%6.7%7.0%7.1%
EBITDA$125M($9M)$92M$90M$91M$80M$94M$93M
Earnings Per Share (EPS)$1.37$1.36$-0.90$0.83$0.95$0.92$0.76$0.86$0.88
Shares Outstanding (M)54M53M54M54M54M54M54M54M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

MOD Free Cash Flow History

Cash flowTTM → 2026-06-302026-03-312025-03-312024-03-312023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-312016-03-312015-03-312014-03-312013-03-312012-03-312011-03-312010-03-312009-03-312008-03-312007-03-31
Cash from Operations (CFO)$234M$249M$213M$215M$108M$12M$150M$58M$103M$124M$42M$72M$64M$104M$49M$46M$21M$62M$94M$67M$102M
Capital Expenditures (CapEx)$134M$143M$84M$88M$51M$40M$33M$71M$74M$71M$65M$104M$75M$57M$50M$64M$55M$60M$103M$87M$83M
Free Cash Flow (FCF)$100M$105M$129M$127M$57M($29M)$117M($13M)$29M$53M($24M)($32M)($12M)$47M($1M)($19M)($34M)$2M($10M)($20M)$20M
FCF Margin %3.0%3.3%5.0%5.3%2.5%-1.4%6.5%-0.7%1.3%2.5%-1.6%-2.4%-0.8%3.2%-0.1%-1.2%-2.4%0.1%-0.7%-1.1%1.1%
Dividends Paid$1M$1M$1M$2M$1M$0M$1M$0M$0M$0M$0M$0M$10M$23M$23M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

MOD Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-30
Cash from Operations (CFO)$41M$167M$25M$1M$28M$55M$61M$57M$40M
Capital Expenditures (CapEx)$46M$42M$42M$4M$28M$28M$16M$14M$27M
Free Cash Flow (FCF)($5M)$125M($17M)($3M)$0M$27M$45M$44M$14M
FCF Margin %-0.6%13.1%-2.1%-0.4%0.0%4.2%7.2%6.7%2.1%
Dividends Paid$2M$2M$0M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

MOD Balance Sheet History

Balance sheet2026-03-312026-03-312025-03-312024-03-312023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-312016-03-312015-03-312014-03-312013-03-312012-03-312011-03-312010-03-312009-03-312008-03-312007-03-31
Total Assets$2.7B$2.7B$1.9B$1.9B$1.6B$1.4B$1.3B$1.5B$1.5B$1.6B$1.4B$921M$932M$1.0B$819M$894M$917M$840M$852M$1.1B$1.1B
Cash & Cash Equivalents$74M$74M$72M$60M$67M$45M$38M$71M$42M$39M$34M$69M$70M$87M$24M$31M$33M$44M$44M$38M$21M
Total Liabilities$1.5B$1.5B$999M$1.1B$966M$969M$921M$1.0B$997M$1.1B$1.0B$538M$571M$604M$550M$568M$554M$516M$608M$682M$608M
Total Debt (Short + Long-Term)$463M$463M$369M$447M$364M$390M$346M$493M$450M$479M$511M$163M$149M$164M$164M$164M$148M$139M$249M$229M$179M
Total Shareholders' Equity$1.2B$1.2B$910M$748M$593M$451M$349M$488M$534M$490M$414M$376M$356M$425M$266M$325M$363M$322M$244M$483M$493M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive MOD viewer.

MOD Metric Deep Dives

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