Modine Manufacturing Company (MOD) Income Statement Analysis

See more : Avance Technologies Limited (AVANCE.BO) Income Statement Analysis – Financial Results

Complete financial analysis of Modine Manufacturing Company (MOD) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Modine Manufacturing Company, a leading company in the Auto – Parts industry within the Consumer Cyclical sector.

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Modine Manufacturing Company (MOD)

Industry: Auto - Parts

Sector: Consumer Cyclical

Website: https://www.modine.com

About Modine Manufacturing Company

Modine Manufacturing Company provides engineered heat transfer systems and heat transfer components for use in on- and off-highway original equipment manufacturer (OEM) vehicular applications. It operates through Climate Solutions and Performance Technologies segments. The company offers gas-fired, hydronic, electric, and oil-fired unit heaters; indoor and outdoor duct furnaces; infrared units; perimeter heating products, such as commercial fin-tube radiation, cabinet unit heaters, and convectors; roof-mounted direct- and indirect-fired makeup air units; unit ventilators; single packaged vertical units; precision air conditioning units for data center applications; air handler units; fan walls; chillers; ceiling cassettes; hybrid fan coils; and condensers and condensing units. It also provides microchannel, heat recovery, round tube plate fin, and motor and generator cooling coils; evaporator unit, fluid, transformer oil, gas, air blast, and dry and brine coolers, as well as remote condensers; and coatings to protect against corrosion. In addition, the company offers powertrain cooling products, including engine cooling modules, radiators, charge air coolers, condensers, oil coolers, fan shrouds, and surge tanks; on-engine cooling products comprising exhaust gas recirculation, engine oil, fuel, charge air, and intake air coolers; auxiliary cooling products, such as transmission and retarder oil coolers, and power steering coolers; and complete battery thermal management systems and electronics cooling packages. It serves heating, ventilation, and cooling OEMs; construction architects and contractors; wholesalers of heating equipment; automobile, truck, bus, and specialty vehicle OEMs; agricultural, industrial, and construction equipment OEMs; and commercial and industrial equipment OEMs. The company has operations in North America, South America, Europe, and Asia. Modine Manufacturing Company was incorporated in 1916 and is headquartered in Racine, Wisconsin.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986
Revenue	2.41B	2.30B	2.05B	1.81B	1.98B	2.21B	2.10B	1.50B	1.35B	1.50B	1.48B	1.38B	1.58B	1.45B	1.16B	1.41B	1.85B	1.76B	1.63B	1.54B	1.20B	1.09B	1.07B	1.07B	1.14B	1.11B	1.04B	999.00M	990.50M	913.00M	669.60M	570.80M	526.60M	482.00M	436.30M	423.90M	395.20M	349.00M	312.00M
Cost of Revenue	1.88B	1.91B	1.74B	1.52B	1.67B	1.85B	1.75B	1.25B	1.13B	1.25B	1.24B	1.17B	1.32B	1.22B	993.03M	1.22B	1.58B	1.48B	1.32B	1.19B	906.68M	819.37M	810.29M	786.69M	772.96M	757.30M	697.90M	680.10M	695.50M	610.30M	438.50M	379.40M	349.10M	324.00M	291.20M	286.40M	263.40M	233.50M	209.80M
Gross Profit	525.60M	389.40M	309.30M	293.40M	307.50M	365.50M	356.50M	253.30M	223.50M	246.50M	238.20M	208.60M	257.55M	231.37M	170.21M	187.03M	269.60M	281.85M	309.61M	350.11M	293.12M	272.71M	264.47M	278.70M	366.31M	354.10M	342.50M	318.90M	295.00M	302.70M	231.10M	191.40M	177.50M	158.00M	145.10M	137.50M	131.80M	115.50M	102.20M
Gross Profit Ratio	21.83%	16.95%	15.09%	16.22%	15.57%	16.52%	16.95%	16.85%	16.52%	16.47%	16.12%	15.16%	16.33%	15.98%	14.63%	13.28%	14.58%	16.04%	19.01%	22.68%	24.43%	24.97%	24.61%	26.16%	32.15%	31.86%	32.92%	31.92%	29.78%	33.15%	34.51%	33.53%	33.71%	32.78%	33.26%	32.44%	33.35%	33.09%	32.76%
Research & Development	42.00M	44.00M	50.30M	46.30M	59.50M	69.80M	65.80M	64.40M	61.10M	62.00M	61.70M	70.40M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
General & Administrative	277.20M	236.00M	216.20M	210.90M	249.60M	244.10M	245.80M	205.00M	204.50M	184.50M	181.70M	166.30M	189.05M	185.30M	157.50M	199.61M	235.26M	237.84M	220.09M	264.09M	243.17M	0.00	221.73M	217.00M	218.45M	196.60M	183.30M	176.60M	161.10M	156.20M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling & Marketing	-44.30M	-2.00M	-1.10M	0.00	0.00	-2.90M	0.00	0.00	0.00	0.00	0.00	0.00	250.00K	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
SG&A	232.90M	234.00M	215.10M	210.90M	249.60M	244.10M	245.80M	205.00M	204.50M	184.50M	181.70M	166.30M	189.30M	185.30M	157.50M	199.61M	235.26M	237.84M	220.09M	264.09M	243.17M	221.17M	221.73M	217.00M	218.45M	196.60M	183.30M	176.60M	161.10M	156.20M	126.70M	108.40M	106.50M	101.30M	86.70M	79.20M	74.30M	64.70M	52.10M
Other Expenses	10.00M	-4.40M	-2.10M	-2.20M	-4.80M	-4.10M	-3.30M	-1.40M	8.70M	200.00K	-800.00K	200.00K	0.00	0.00	0.00	0.00	47.42M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	48.82M	44.20M	41.80M	41.50M	39.60M	34.50M	28.10M	25.50M	26.80M	23.20M	17.00M	14.60M	13.90M	11.90M	10.00M
Operating Expenses	284.90M	234.00M	215.10M	210.90M	249.60M	244.10M	245.80M	205.00M	204.50M	184.50M	181.70M	166.30M	189.30M	185.30M	157.50M	199.61M	282.68M	237.84M	220.09M	264.09M	243.17M	221.17M	221.73M	217.00M	267.27M	240.80M	225.10M	218.10M	200.70M	190.70M	154.80M	133.90M	133.30M	124.50M	103.70M	93.80M	88.20M	76.60M	62.10M
Cost & Expenses	2.17B	2.14B	1.96B	1.73B	1.92B	2.09B	1.99B	1.45B	1.33B	1.43B	1.42B	1.33B	1.51B	1.40B	1.15B	1.42B	1.86B	1.71B	1.54B	1.46B	1.15B	1.04B	1.03B	1.00B	1.04B	998.10M	923.00M	898.20M	896.20M	801.00M	593.30M	513.30M	482.40M	448.50M	394.90M	380.20M	351.60M	310.10M	271.90M
Interest Income	4.30M	1.30M	400.00K	500.00K	400.00K	400.00K	400.00K	400.00K	400.00K	500.00K	500.00K	900.00K	748.00K	709.00K	663.00K	1.64M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Interest Expense	24.10M	20.70M	15.60M	19.40M	22.70M	24.80M	25.60M	17.20M	11.10M	11.70M	12.40M	12.60M	12.48M	33.72M	22.89M	13.78M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Depreciation & Amortization	56.10M	54.50M	54.80M	68.60M	77.10M	76.90M	76.70M	58.30M	51.80M	51.60M	58.10M	55.80M	57.69M	56.49M	65.77M	73.33M	80.95M	71.10M	72.09M	68.49M	61.42M	54.81M	63.51M	49.95M	48.82M	44.20M	41.80M	41.50M	39.60M	34.50M	28.10M	25.50M	26.80M	23.20M	17.00M	14.60M	13.90M	11.90M	10.00M
EBITDA	294.80M	208.00M	147.80M	-31.30M	132.60M	196.30M	184.10M	127.70M	53.00M	111.60M	94.50M	55.40M	119.84M	102.06M	77.34M	-15.84M	76.24M	126.41M	169.13M	137.30M	117.30M	106.35M	106.24M	120.64M	151.27M	157.50M	159.20M	142.30M	133.90M	146.50M	104.40M	83.00M	71.00M	56.70M	58.40M	58.30M	57.50M	50.80M	50.10M
EBITDA Ratio	12.24%	8.94%	7.17%	8.23%	6.59%	8.78%	8.75%	7.00%	5.76%	7.60%	7.70%	7.14%	7.99%	7.08%	6.75%	4.31%	6.21%	6.52%	9.78%	8.89%	7.68%	8.87%	9.40%	8.16%	12.56%	13.23%	15.06%	14.05%	12.34%	15.70%	15.17%	14.10%	12.25%	7.20%	12.56%	13.33%	14.02%	13.95%	15.16%
Operating Income	240.70M	150.40M	92.10M	80.30M	53.10M	109.70M	92.20M	39.40M	-7.50M	52.70M	37.20M	-600.00K	68.25M	42.79M	6.84M	-86.72M	-16.65M	39.72M	89.52M	84.99M	50.07M	53.09M	35.20M	61.70M	99.04M	113.30M	117.40M	100.80M	94.30M	112.00M	76.30M	57.50M	44.20M	33.50M	41.40M	43.70M	43.60M	38.90M	40.10M
Operating Income Ratio	10.00%	6.55%	4.49%	4.44%	2.69%	4.96%	4.38%	2.62%	-0.55%	3.52%	2.52%	-0.04%	4.33%	2.95%	0.59%	-6.16%	-0.90%	2.26%	5.50%	5.50%	4.17%	4.86%	3.27%	5.79%	8.69%	10.19%	11.28%	10.09%	9.52%	12.27%	11.39%	10.07%	8.39%	6.95%	9.49%	10.31%	11.03%	11.15%	12.85%
Total Other Income/Expenses	-26.10M	-25.10M	-17.70M	-21.60M	-27.50M	-28.90M	-28.90M	-21.50M	-1.90M	-11.50M	-13.20M	-12.40M	-19.61M	-30.10M	-17.30M	-16.24M	-4.48M	5.43M	1.02M	11.89M	78.00K	1.94M	4.91M	23.36M	-4.18M	4.70M	-1.40M	-3.00M	4.90M	-3.20M	-3.30M	-3.40M	-800.00K	14.80M	-1.70M	-2.30M	-2.10M	-1.40M	-1.10M
Income Before Tax	214.60M	125.30M	101.50M	-119.30M	10.40M	80.80M	63.30M	20.80M	-9.90M	41.20M	24.00M	-13.00M	48.64M	12.70M	-10.47M	-102.95M	-21.13M	39.29M	90.54M	96.88M	63.71M	55.03M	40.11M	78.32M	95.33M	118.00M	116.00M	97.80M	99.20M	108.80M	73.00M	54.10M	43.40M	48.30M	39.70M	41.40M	41.50M	37.50M	39.00M
Income Before Tax Ratio	8.91%	5.45%	4.95%	-6.60%	0.53%	3.65%	3.01%	1.38%	-0.73%	2.75%	1.62%	-0.94%	3.08%	0.88%	-0.90%	-7.31%	-1.14%	2.24%	5.56%	6.27%	5.31%	5.04%	3.73%	7.35%	8.37%	10.62%	11.15%	9.79%	10.02%	11.92%	10.90%	9.48%	8.24%	10.02%	9.10%	9.77%	10.50%	10.74%	12.50%
Income Tax Expense	51.20M	-28.30M	15.20M	90.20M	12.40M	-5.10M	39.50M	5.90M	-8.90M	19.00M	-107.90M	9.80M	10.01M	3.47M	9.83M	644.00K	44.39M	-2.98M	29.79M	35.21M	23.27M	20.67M	16.77M	30.72M	29.93M	44.10M	43.50M	34.00M	37.80M	40.40M	29.90M	20.40M	15.40M	17.80M	14.50M	15.20M	16.50M	17.90M	18.50M
Net Income	161.50M	153.10M	85.20M	-209.50M	-2.00M	84.80M	22.20M	14.20M	-1.60M	21.80M	130.40M	-24.20M	39.11M	6.18M	-29.28M	-108.61M	-65.60M	42.33M	7.64M	61.66M	40.44M	12.67M	23.35M	47.61M	65.40M	73.90M	72.50M	63.80M	61.40M	68.40M	44.00M	20.00M	28.00M	30.50M	25.20M	26.20M	25.00M	19.60M	20.50M
Net Income Ratio	6.71%	6.66%	4.16%	-11.58%	-0.10%	3.83%	1.06%	0.94%	-0.12%	1.46%	8.83%	-1.76%	2.48%	0.43%	-2.52%	-7.71%	-3.55%	2.41%	0.47%	3.99%	3.37%	1.16%	2.17%	4.47%	5.74%	6.65%	6.97%	6.39%	6.20%	7.49%	6.57%	3.50%	5.32%	6.33%	5.78%	6.18%	6.33%	5.62%	6.57%
EPS	3.08	2.93	1.64	-4.08	-0.04	1.67	0.44	0.28	-0.03	0.46	2.74	-0.52	0.84	0.13	-0.75	-3.39	-2.05	1.31	0.23	2.05	1.36	0.99	0.70	1.61	2.05	2.50	2.44	2.10	2.02	2.24	1.49	0.68	0.48	0.52	0.43	0.44	0.42	0.17	0.17
EPS Diluted	3.02	2.90	1.62	-4.08	-0.04	1.65	0.44	0.28	-0.03	0.45	2.72	-0.52	0.83	0.13	-0.75	-3.39	-2.05	1.31	0.22	2.03	1.35	0.99	0.70	1.58	2.01	2.46	2.39	2.10	2.02	2.24	1.45	0.66	0.47	0.51	0.42	0.44	0.42	0.17	0.17
Weighted Avg Shares Out	52.40M	52.30M	52.00M	51.30M	50.80M	50.70M	50.50M	47.80M	47.30M	47.73M	47.31M	46.54M	46.48M	46.17M	39.30M	32.08M	32.03M	32.31M	33.22M	30.08M	29.73M	33.62M	33.35M	32.19M	32.36M	29.56M	29.71M	30.42M	30.42M	30.53M	29.53M	29.41M	29.36M	29.49M	29.48M	29.75M	29.90M	29.20M	30.12M
Weighted Avg Shares Out (Dil)	53.40M	52.80M	52.50M	51.30M	50.80M	51.30M	50.90M	50.10M	47.40M	47.90M	47.60M	46.60M	46.88M	46.73M	39.30M	32.08M	32.03M	32.31M	34.73M	30.38M	29.95M	33.75M	33.35M	32.80M	33.00M	30.04M	30.33M	30.42M	30.51M	30.53M	30.34M	30.30M	29.36M	29.49M	29.48M	29.75M	29.90M	29.20M	30.12M

Airedale by Modine™ Launches 1MW Cooling Distribution Unit

September 17, 2024prnewswire.com

Critical Cooling Specialists introduces global CDU to serve increasing demand for liquid cooling in data centers. RACINE, Wis.

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September 17, 2024zacks.com

Recently, Zacks.com users have been paying close attention to Modine (MOD). This makes it worthwhile to examine what the stock has in store.

Modine (MOD) Ascends But Remains Behind Market: Some Facts to Note

September 13, 2024zacks.com

In the closing of the recent trading day, Modine (MOD) stood at $111.07, denoting a +0.23% change from the preceding trading day.

Modine Updates Multi-Year Strategy at Investor Day

September 11, 2024prnewswire.com

Increased fiscal 2027 targets to deliver a 16-18% adjusted EBITDA margin and a 10-13% three-year compound average growth rate (CAGR) in revenue RACINE, Wis. , Sept. 11, 2024 /PRNewswire/ -- Modine (NYSE: MOD), a diversified global leader in thermal management...

Modine Joins United Nations Global Compact

September 9, 2024prnewswire.com

RACINE, Wis. , Sept. 9, 2024 /PRNewswire/ -- Modine (NYSE: MOD), a diversified global leader in thermal management technology and solutions, today announced that it has committed to the United Nations (UN) Global Compact, the world's largest voluntary corporate sustainability...

Modine Looks Like A Buy After Further Analysis

September 9, 2024seekingalpha.com

Modine aims to triple data center cooling revenue to $1.1 billion in three years. The strategic 80/20 shift, focusing on high-growth, high-margin businesses, has improved financials, with significant growth in MOD's Climate Solutions segment. Acquisitions like Scott Springfield Manufacturing enhance...

Brokers Suggest Investing in Modine (MOD): Read This Before Placing a Bet

September 5, 2024zacks.com

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do...

Modine to Host Investor Day on September 11, 2024

September 4, 2024prnewswire.com

Modine's executive leadership team will update the company's multi-year strategy and provide new financial targets RACINE, Wis. , Sept. 4, 2024 /PRNewswire/ -- Modine (NYSE: MOD), a diversified global leader in thermal management technology and solutions, will host an Investor...

CTTAY or MOD: Which Is the Better Value Stock Right Now?

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Investors interested in Automotive - Original Equipment stocks are likely familiar with Continental AG (CTTAY) and Modine (MOD). But which of these two stocks offers value investors a better bang for their buck right now?