MODINE MANUFACTURING CO
Financial highlights
| Metric | FY 03/31/26 | FY 03/31/25 | FY 03/31/24 | FY 03/31/23 | FY 03/31/22 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $3.2B | $2.6B | $2.4B | $2.3B | $2.1B |
| Cost of revenue | $2.5B | $1.9B | $1.9B | $1.9B | $1.7B |
| Gross profit | $731.1M | $643.8M | $525.6M | $389.4M | $309.3M |
| Selling, general & administrative | $360.1M | $332.1M | $273.9M | $234.0M | $215.1M |
| Research and development | $29.3M | $34.9M | $42.0M | $44.0M | $50.3M |
| Operating income | $342.4M | $283.5M | $240.7M | $150.4M | $119.2M |
| Interest expense | $31.6M | $26.4M | $24.1M | $20.7M | $15.6M |
| Pretax income | $186.5M | $254.0M | $214.6M | $125.3M | $101.5M |
| Income tax expense | $63.2M | $68.5M | $51.2M | -$28.3M | $15.2M |
| Net income | $121.5M | $184.0M | $161.5M | $153.1M | $85.2M |
| Balance Sheet | |||||
| Cash and equivalents | $73.5M | $71.6M | $60.1M | $67.1M | $45.2M |
| Current assets | $1.4B | $961.2M | $894.0M | $846.4M | $757.6M |
| Total assets | $2.7B | $1.9B | $1.9B | $1.6B | $1.4B |
| Current liabilities | $728.9M | $541.0M | $545.8M | $507.1M | $494.5M |
| Total liabilities | $1.5B | $999.4M | $1.1B | $966.3M | $968.9M |
| Stockholders' equity | $1.2B | $910.2M | $747.6M | $592.8M | $450.7M |
| Cash Flow Statement | |||||
| Cash from operations | $248.7M | $213.3M | $214.6M | $107.5M | $11.5M |
| Depreciation and amortization | $79.7M | $77.7M | $56.1M | $54.5M | $54.8M |
| Stock-based compensation | $22.1M | $26.4M | $10.8M | $6.6M | $5.7M |
| Capital expenditure | $143.3M | $84.0M | $87.7M | $50.7M | $40.3M |
| Free cash flow | $105.4M | $129.3M | $126.9M | $56.8M | -$28.8M |
| Share repurchases | $7.0M | $30.9M | $17.7M | $9.0M | $0 |
| Impairments | — | — | $0 | $0 | $55.7M |
Shares outstanding 52.7M · Free float 93.8%
Annual filing data through FY ended March 31, 2026; float as of July 8, 2026.