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NYSE · Consumer Discretionary

MODINE MANUFACTURING CO (MOD)

As-reported financials and SEC filings for MODINE MANUFACTURING CO. The latest annual period is FY2026. The latest reported quarter is Q1 FY2027. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About MODINE MANUFACTURING CO

Modine Manufacturing Co designs and manufactures thermal management products and systems. Its offerings include heat transfer solutions for on-highway vehicles, heavy-duty equipment, HVAC systems, data centers, and climate solutions. The company serves customers in various industries across the Americas, Europe, and Asia.

Snapshot

Revenue
$3.18B
Revenue growth (YoY)
23.1%
Net income
$121.5M
Diluted EPS
$2.26
Gross margin
23.0%
Operating margin
10.8%
Net margin
3.8%
FCF margin
3.3%
ROE
10.1%
net income / fiscal-year-end equity
P/E
69.5×
trailing when available, otherwise FY EPS
Market cap
$9.90B
Long-term debt / equity
0.32×
non-current term debt only

Fundamentals are from SEC filings for FY2026, the latest annual period (ended March 31, 2026). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Modine Manufacturing

  • Revenue grew 23.1% to $3.2B in FY2026, faster than the 7.3% the year before.
  • Operating margin is 10.8% in FY2026, +4.9 pp against 5.8% in FY2022.
  • Most recent quarter Q1 FY2027: revenue $874M, up 28.0% from Q1 FY2026.
  • Free cash flow was $105M in FY2026, 3.3% of revenue.
  • Net income fell 34.0% to $122M in FY2026.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Modine Manufacturing’s fundamentals sit among the 403 Consumer Discretionary companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin23.0%
27th percentile of 275
Operating margin10.8%
76th percentile of 348
Net margin3.8%
58th percentile of 377
FCF margin3.3%
44th percentile of 351
Revenue growth (YoY)+23.1%
90th percentile of 394
ROE10.1%
58th percentile of 343
P/E69.5×
94th percentile of 249
Long-term debt / equity0.32×
38th percentile of 234
Short interest2.72d
33rd percentile of 401

Modine Manufacturing’s P/E of 69.5 ranks in the 94th percentile of the 249 peers with a meaningful P/E. Modine Manufacturing’s revenue growth of +23.1% ranks in the 90th percentile of the 394 Consumer Discretionary companies reporting it.

No reported insider purchases (code P) in the last 90 days; 18 insider sales totaling $15.9M. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 3 of the superinvestors we track (plus 5 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
3
+5 quant / multi-strat
Initiated / added
7
0 new, 7 added
Reduced / exited
2
1 trimmed, 1 exited
Combined position
$366.9M
reported long value
InvestorAs ofPosition valueSharesChange
D. E. ShawquantQ2 2026$121.5M455.1KAdded
Citadel AdvisorsquantQ2 2026$114.0M427.0KAdded
Millennium ManagementquantQ2 2026$97.3M364.3KAdded
Bridgewater AssociatesQ2 2026$15.6M58.5KAdded
Polen Capital ManagementQ2 2026$7.8M29.3KAdded
AQR Capital ManagementquantQ2 2026$5.5M20.6KAdded
Gotham Asset ManagementQ2 2026$2.7M10.3KReduced
Two Sigma InvestmentsquantQ2 2026$2.4M9.0KAdded

No longer held by: Point72 Asset Management (as of Q2 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
code P value
Sells (90d)
18
$15.9M
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-06-18
filed 2026-06-22
Agen Brian JonVP, CHROSell15.5K$297.37$4.6M
2026-06-18
filed 2026-06-22
Agen Brian JonVP, CHROSell6.7K$293.48$2.0M
2026-06-18
filed 2026-06-22
Agen Brian JonVP, CHROSell4.9K$295.42$1.4M
2026-06-18
filed 2026-06-22
Agen Brian JonVP, CHROSell4.7K$294.37$1.4M
2026-06-18
filed 2026-06-22
Agen Brian JonVP, CHROSell2.4K$292.47$693K
2026-06-18
filed 2026-06-22
Agen Brian JonVP, CHROSell1.4K$291.69$403K
2026-06-18
filed 2026-06-22
McGinnis Eric SPresident, Commercial HVACSell1.0K$295.06$301K
2026-06-18
filed 2026-06-22
Agen Brian JonVP, CHROSell900$296.18$267K
2026-06-18
filed 2026-06-22
Agen Brian JonVP, CHROSell577$286.06$165K
2026-06-18
filed 2026-06-22
Agen Brian JonVP, CHROSell400$287.35$115K
2026-06-18
filed 2026-06-22
Agen Brian JonVP, CHROSell200$300.04$60K
2026-06-18
filed 2026-06-22
Agen Brian JonVP, CHROSell200$298.30$60K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
3.1M
settled 2026-08-14
Change vs prior
-9.8%
vs previous settlement
Days to cover
2.72
at avg daily volume
Avg daily volume
1.1M
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-143.1M-9.8%2.72
2026-07-313.5M+22.3%1.88
2026-07-152.8M+19.9%2.02
2026-06-302.4M-28.6%1.06
2026-06-153.3M+11.7%2.69
2026-05-293.0M-12.2%1.66
2026-05-153.4M-2.9%3.37
2026-04-303.5M+6.8%4.37

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2026FY2025FY2024FY2023FY2022
Revenue$3.18B$2.58B$2.41B$2.30B$2.05B
Gross profit$731.1M$643.8M$525.6M$389.4M$309.3M
Operating income$342.4M$283.5M$240.7M$150.4M$119.2M
Net income$121.5M$184.0M$161.5M$153.1M$85.2M
Diluted EPS$2.26$3.42$3.03$2.90$1.62

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2026FY2025FY2024FY2023FY2022
Operating cash flow$248.7M$213.3M$214.6M$107.5M$11.5M
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

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q1 FY2027$874.1M28.0%$73.9M$1.37
Q4 FY2026$954.4M47.5%$73.3M$1.35
Q3 FY2026$805.0M30.5%$-47.4M$-0.90
Q2 FY2026$738.9M12.3%$44.4M$0.83
Q1 FY2026$682.8M3.2%$51.2M$0.95
Q4 FY2025$647.2M7.2%$49.6M$0.92
Q3 FY2025$616.8M9.9%$41.0M$0.76
Q2 FY2025$658.0M6.0%$46.1M$0.86

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNYSE
SectorConsumer Discretionary
SIC industryMotor Vehicle Parts & Accessories
Latest annual periodFY2026 (ended March 31, 2026)
Latest reported quarterQ1 FY2027 (ended June 30, 2026)
Oldest indexed filing2013
SEC CIK67347

Selected SEC filings

10-K2026-05-27
View on EDGAR →
10-Q2026-07-30
View on EDGAR →
8-K2026-08-21
View on EDGAR →
8-K2026-07-29
View on EDGAR →
8-K2026-07-24
View on EDGAR →
8-K2026-05-26
View on EDGAR →

Largest Consumer Discretionary peers

All Consumer Discretionary companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.