MOD
Modine Manufacturing Company
NYSE: MOD · CONSUMER CYCLICAL · AUTO PARTS
$233.39
-1.55% today
Updated 2026-04-29
Market cap
$12.31B
P/E ratio
127.54
P/S ratio
4.28x
EPS (TTM)
$1.83
Dividend yield
—
52W range
$86 – $260
Volume
1.0M
Modine Manufacturing Company (MOD) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.63B | $1.76B | $1.85B | $1.41B | $1.16B | $1.45B | $1.58B | $1.38B | $1.48B | $1.50B | $1.35B | $1.50B | $2.10B | $2.21B | $1.98B | $1.81B | $2.05B | $2.30B | $2.41B | $2.58B |
| Revenue growth (YoY) | — | +7.9% | +5.2% | -23.8% | -17.4% | +24.5% | +8.9% | -12.8% | +7.4% | +1.3% | -9.6% | +11.1% | +39.9% | +5.2% | -10.7% | -8.5% | +13.4% | +12.1% | +4.8% | +7.3% |
| Cost of revenue | $1.32B | $1.48B | $1.58B | $1.22B | $993.02M | $1.22B | $1.32B | $1.17B | $1.24B | $1.25B | $1.12B | $1.24B | $1.75B | $1.85B | $1.67B | $1.51B | $1.74B | $1.91B | $1.88B | $1.94B |
| Gross profit | $309.61M | $281.85M | $269.60M | $187.03M | $170.21M | $231.37M | $257.55M | $208.60M | $242.50M | $246.50M | $233.60M | $258.70M | $356.50M | $365.50M | $307.50M | $293.40M | $309.30M | $389.40M | $527.20M | $645.40M |
| Gross margin | 19.0% | 16.0% | 14.6% | 13.3% | 14.6% | 16.0% | 16.3% | 15.2% | 16.4% | 16.5% | 17.3% | 17.2% | 17.0% | 16.5% | 15.6% | 16.2% | 15.1% | 16.9% | 21.9% | 25.0% |
| R&D | $48.54M | $82.50M | $93.19M | $80.63M | $56.90M | $66.97M | $70.21M | $70.40M | $61.70M | $62.00M | $61.10M | $64.40M | $65.80M | $69.80M | $59.50M | $46.30M | $50.30M | $44.00M | $42.00M | $34.90M |
| SG&A | $220.09M | $237.84M | $235.26M | $199.61M | $157.50M | $185.30M | $189.05M | $166.30M | $181.70M | $184.50M | $170.00M | $205.00M | $245.80M | $244.10M | $249.60M | $210.90M | $215.10M | $234.00M | $273.90M | $332.10M |
| Operating income | $89.52M | $45.78M | $-16.65M | $-86.72M | $6.84M | $42.79M | $68.25M | $-600000.00 | $37.20M | $52.70M | $37.10M | $42.30M | $92.20M | $109.70M | $37.90M | $-97.70M | $119.20M | $150.40M | $240.70M | $283.50M |
| Operating margin | 5.5% | 2.6% | -0.9% | -6.2% | 0.6% | 3.0% | 4.3% | -0.0% | 2.5% | 3.5% | 2.7% | 2.8% | 4.4% | 5.0% | 1.9% | -5.4% | 5.8% | 6.5% | 10.0% | 11.0% |
| EBITDA | $169.13M | $120.50M | $67.87M | $-15.84M | $77.33M | $102.06M | $119.83M | $55.40M | $94.50M | $111.60M | $53.00M | $96.30M | $184.10M | $196.30M | $110.20M | $-31.30M | $171.90M | $208.00M | $294.80M | $358.10M |
| EBITDA margin | 10.4% | 6.9% | 3.7% | -1.1% | 6.6% | 7.0% | 7.6% | 4.0% | 6.4% | 7.5% | 3.9% | 6.4% | 8.8% | 8.9% | 5.6% | -1.7% | 8.4% | 9.1% | 12.2% | 13.9% |
| EBIT | $100.95M | $49.40M | $-13.92M | $-89.18M | $11.57M | $45.56M | $62.15M | $-400000.00 | $36.40M | $60.00M | $1.20M | $38.00M | $107.40M | $119.40M | $33.10M | $-99.90M | $117.10M | $153.50M | $238.70M | $280.40M |
| Interest expense | $0.00 | $0.00 | $0.00 | $13.78M | $22.89M | $33.72M | $12.48M | $12.60M | $12.40M | $11.70M | $11.10M | $17.20M | $25.60M | $24.80M | $22.70M | $19.40M | $15.60M | $20.70M | $24.10M | $26.40M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $7.64M | $42.33M | $-65.60M | $-108.61M | $-28.68M | $5.20M | $39.11M | $-24.20M | $130.40M | $21.80M | $-1.60M | $14.20M | $22.20M | $84.80M | $-2.20M | $-210.70M | $85.20M | $153.10M | $161.50M | $184.00M |
| Net income growth (YoY) | — | +454.0% | -255.0% | -65.6% | +73.6% | +118.1% | +652.0% | -161.9% | +638.8% | -83.3% | -107.3% | +987.5% | +56.3% | +282.0% | -102.6% | -9477.3% | +140.4% | +79.7% | +5.5% | +13.9% |
| Profit margin | 0.5% | 2.4% | -3.5% | -7.7% | -2.5% | 0.4% | 2.5% | -1.8% | 8.8% | 1.5% | -0.1% | 0.9% | 1.1% | 3.8% | -0.1% | -11.7% | 4.2% | 6.7% | 6.7% | 7.1% |