Modine Manufacturing Company (MOD)

MOD Income Statement

Financials in millions USD. Fiscal year is April - March.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	2,874	2,584	2,408	2,298	2,050	1,808
Revenue Growth (YoY)	13.15%	7.30%	4.78%	12.09%	13.36%	-8.46%
Cost of Revenue	2,189	1,938	1,881	1,909	1,741	1,515
Gross Profit	685.3	645.4	527.2	389.4	309.3	293.4
Selling, General & Admin	309.1	301.4	232.1	192	166	160.5
Research & Development	34.9	34.9	42	44	50.3	46.3
Amortization of Goodwill & Intangibles	-	-	1	-	-	-
Operating Expenses	344	336.3	275.1	236	216.3	206.8
Operating Income	341.3	309.1	252.1	153.4	93	86.6
Interest Expense	-28.3	-26.4	-24.1	-20.7	-15.6	-19.4
Interest & Investment Income	2.2	2.7	4.3	1.3	0.4	0.5
Currency Exchange Gain (Loss)	-8.6	-1.2	-3	-3.7	-1.4	0.6
EBT Excluding Unusual Items	306.6	284.2	229.3	130.3	76.4	68.3
Merger & Restructuring Charges	-28.7	-30.2	-18.7	-5	31.6	-180.2
Gain (Loss) on Sale of Assets	-	-	4	-	-6.5	-0.7
Other Unusual Items	-116.1	-	-	-	-	-6.7
Pretax Income	157.7	254	214.6	125.3	101.5	-119.3
Income Tax Expense	57.9	68.5	51.2	-28.3	15.2	90.2
Earnings From Continuing Operations	99.8	185.5	163.4	153.6	86.3	-209.5
Net Income to Company	99.8	185.5	163.4	153.6	86.3	-209.5
Minority Interest in Earnings	-2	-1.5	-1.9	-0.5	-1.1	-1.2
Net Income	97.8	184	161.5	153.1	85.2	-210.7
Net Income to Common	97.8	184	161.5	153.1	85.2	-210.7
Net Income Growth	-38.95%	13.93%	5.49%	79.70%	-	-
Shares Outstanding (Basic)	53	53	52	52	52	51
Shares Outstanding (Diluted)	54	54	53	53	53	51
Shares Change (YoY)	-0.33%	0.94%	1.14%	0.57%	2.34%	0.98%
EPS (Basic)	1.86	3.50	3.08	2.93	1.64	-4.11
EPS (Diluted)	1.83	3.42	3.03	2.90	1.62	-4.11
EPS Growth	-38.40%	12.87%	4.48%	79.01%	-	-
Free Cash Flow	-20.3	129.3	126.9	56.8	-28.8	117.1
Free Cash Flow Per Share	-0.38	2.40	2.38	1.08	-0.55	2.28
Gross Margin	23.85%	24.98%	21.90%	16.95%	15.09%	16.22%
Operating Margin	11.88%	11.96%	10.47%	6.68%	4.54%	4.79%
Profit Margin	3.40%	7.12%	6.71%	6.66%	4.16%	-11.65%
Free Cash Flow Margin	-0.71%	5.00%	5.27%	2.47%	-1.41%	6.48%
EBITDA	419.6	386.8	308.2	207.9	147.8	155.2
EBITDA Margin	14.60%	14.97%	12.80%	9.05%	7.21%	8.58%
D&A For EBITDA	78.3	77.7	56.1	54.5	54.8	68.6
EBIT	341.3	309.1	252.1	153.4	93	86.6
EBIT Margin	11.88%	11.96%	10.47%	6.68%	4.54%	4.79%
Effective Tax Rate	36.71%	26.97%	23.86%	-	14.97%	-

Updated Feb 4, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q