Modine Manufacturing (MOD) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2025Income Metrics
Revenue
2.6B
Gross Profit
643.8M
24.92%
Operating Income
311.7M
12.07%
Net Income
185.5M
7.18%
EPS (Diluted)
$3.42
Balance Sheet Metrics
Total Assets
1.9B
Total Liabilities
999.4M
Shareholders Equity
918.2M
Debt to Equity
1.09
Cash Flow Metrics
Operating Cash Flow
211.7M
Free Cash Flow
129.3M
Revenue & Profitability Trend
Modine Manufacturing Income Statement From 2021 to 2025
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 2.6B | 2.4B | 2.3B | 2.1B | 1.8B |
| Cost of Goods Sold | 1.9B | 1.9B | 1.9B | 1.7B | 1.5B |
| Gross Profit | 643.8M | 525.6M | 389.4M | 309.3M | 293.4M |
| Operating Expenses | 332.1M | 277.2M | 236.0M | 216.2M | 210.9M |
| Operating Income | 311.7M | 248.4M | 153.4M | 93.1M | 82.5M |
| Pre-tax Income | 254.0M | 214.6M | 125.3M | 101.5M | -119.3M |
| Income Tax | 68.5M | 51.2M | -28.3M | 15.2M | 90.2M |
| Net Income | 185.5M | 163.4M | 153.6M | 86.3M | -209.5M |
| EPS (Diluted) | $3.42 | $3.03 | $2.90 | $1.62 | -$4.11 |
Income Statement Trend
Modine Manufacturing Balance Sheet From 2021 to 2025
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 961.2M | 894.0M | 846.4M | 757.6M | 644.8M |
| Non-Current Assets | 956.4M | 957.5M | 719.5M | 669.4M | 631.9M |
| Total Assets | 1.9B | 1.9B | 1.6B | 1.4B | 1.3B |
| Liabilities | |||||
| Current Liabilities | 541.0M | 545.8M | 507.1M | 494.5M | 469.2M |
| Non-Current Liabilities | 458.4M | 550.2M | 459.2M | 474.4M | 451.4M |
| Total Liabilities | 999.4M | 1.1B | 966.3M | 968.9M | 920.6M |
| Equity | |||||
| Total Shareholders Equity | 918.2M | 755.5M | 599.6M | 458.1M | 356.1M |
Balance Sheet Composition
Modine Manufacturing Cash Flow Statement From 2021 to 2025
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 185.5M | 163.4M | 153.6M | 86.3M | -209.5M |
| Operating Cash Flow | 211.7M | 203.4M | 101.1M | 60.6M | -17.0M |
| Investing Activities | |||||
| Capital Expenditures | - | - | - | -40.3M | -32.7M |
| Investing Cash Flow | -2.6M | -195.7M | 300.0K | -51.0M | -31.3M |
| Financing Activities | |||||
| Dividends Paid | - | - | - | - | - |
| Financing Cash Flow | -113.6M | 62.7M | -33.3M | 39.2M | -145.1M |
| Free Cash Flow | 129.3M | 126.9M | 56.8M | -28.8M | 117.1M |
Cash Flow Trend
Modine Manufacturing Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
28.41
Forward P/E
20.50
Price to Book
5.59
Price to Sales
1.97
PEG Ratio
20.50
Profitability Ratios
Profit Margin
7.12%
Operating Margin
13.19%
Return on Equity
22.17%
Return on Assets
10.25%
Financial Health
Current Ratio
1.78
Debt to Equity
48.94
Beta
2.06
Per Share Data
EPS (TTM)
$3.42
Book Value per Share
$17.37
Revenue per Share
$49.12
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| mod | 5.1B | 28.41 | 5.59 | 22.17% | 7.12% | 48.94 |
| Genuine Parts | 16.8B | 19.95 | 3.78 | 19.13% | 3.61% | 136.68 |
| Aptiv PLC | 14.5B | 10.87 | 1.66 | 15.24% | 7.93% | 91.19 |
| Allison Transmission | 7.7B | 10.51 | 14.57 | 50.15% | 23.55% | 395.90 |
| Autoliv | 8.5B | 12.75 | 3.63 | 28.66% | 6.64% | 96.02 |
| BorgWarner | 7.2B | 23.10 | 1.26 | 6.22% | 2.06% | 68.59 |
Financial data is updated regularly. All figures are in the company's reporting currency.