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Segments

By segment

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Data Center$70.3M
Commercial Heating Ventilation And Air Conditioning$63.9M
Performance Technologies$48.8M-6.0%

Other financials

Income statement

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Revenue$874.1M+28.0%
Operating income$74.8M-1.2%
Net income$73.9M+44.3%
EPS (diluted)$1.37+44.2%

Balance sheet

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Cash & equivalents$95.3M-23.5%
Total debt$514.2M+1.9%
Total equity$1.2B+18.8%
Total assets$2.8B+25.4%

Cash flow

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Operating cash flow$41.4M+49.5%
CapEx$46.4M+68.7%
Free cash flow-$5.0M-2,600%

Valuation

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Market cap$10.34B+44.2%
Enterprise value$10.76B+42.5%
P/E71.7×+33.5×
P/S3.1×+0.3×

Profitability

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Gross margin22.2%-2.7pp
Operating margin10.1%-0.8pp
Net margin4.3%-2.9pp
FCF margin3%-1.5pp

Returns & leverage

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Return on equity13%-7.8pp
Debt / equity0.4×-0.1×
Current ratio0.0×

Where this comes from

Reported directly by Modine Manufacturing in its filing.

Tagged under the XBRL concept us-gaap:GrossProfit.

The source filing: Modine Manufacturing’s 10-Q, filed July 30, 2026.

Filed
Jul 30, 2026, 12:50 PM EDT
Fiscal quarter
Q1 FY2027
Calendar quarter
Q2 2026
Accession
0001104659-26-088569
Line itemThree months ended June 30, 2026Three months ended June 30, 2025
Net sales$874.1$682.8
Cost of sales692.1517.4
Gross profit182.0165.4
Selling, general and administrative expenses103.384.9
Restructuring expenses3.94.8
Operating income74.875.7
Interest expense(6.4)(5.8)
Other income (expense) – net0.2(4.2)

Item 1. Financial Statements.

FAQ

What is Modine Manufacturing's gross profit?
Modine Manufacturing (MOD) reported gross profit of $182M in Q2 2026.
How has Modine Manufacturing's gross profit changed year-over-year?
Modine Manufacturing's gross profit increased by 10.0% year-over-year, from $165.4M to $182M.
What is the long-term trend for Modine Manufacturing's gross profit?
Over 4 years (2022 to 2026), Modine Manufacturing's gross profit has grown at a 24.0% compound annual growth rate (CAGR), from $309.3M to $731.1M.
What does gross profit mean?
Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

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