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Modine Manufacturing MOD Commercial And Industrial Solutions — Goodwill Acquired

Discontinued — last reported Q1 '18

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Other financials

Income statement

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Revenue$954.4M+47.5%
Gross profit$214.7M+29.3%
Operating income$103.9M+39.5%
Net income$73.3M+47.8%
EPS (diluted)$1.36+46.2%

Balance sheet

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Cash & equivalents$73.5M+2.7%
Total debt$538.5M+32.2%
Total equity$1.2B+31.2%
Total assets$2.7B+39.5%

Cash flow

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Operating cash flow$194.9M+256%
CapEx$42.1M+52.0%
Free cash flow$152.8M+464%

Valuation

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Market cap$15.71B+183%
Enterprise value$16.17B+172%
P/E129.3×+99.1×
P/S4.9×+2.8×

Profitability

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Gross margin23%-1.9pp
Operating margin10.8%-0.2pp
Net margin3.8%-3.3pp
FCF margin3.3%-1.7pp

Returns & leverage

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Return on equity11.5%-10.7pp
Debt / equity0.5×0.0×
Current ratio1.9×+0.2×

Where this comes from

Reported directly by Modine Manufacturing in its filing.

Tagged under the XBRL concept us-gaap:GoodwillAcquiredDuringPeriod.

The official record: Modine Manufacturing’s 10-Q, filed August 2, 2017, on SEC EDGAR. View the filing →

Questions, answered.

What does commercial and industrial solutions — goodwill acquired mean?
The amount of excess purchase price paid for acquisitions within the Commercial and Industrial Solutions segment that is recorded as goodwill.
How do you interpret commercial and industrial solutions — goodwill acquired?
An increase indicates active M&A activity or expansion within the segment, while a stable or zero value suggests organic growth or a pause in acquisition-led expansion.
How does commercial and industrial solutions — goodwill acquired compare across companies?
Peers in the industrial manufacturing sector typically report this under 'Goodwill' in segment notes or acquisition disclosures, often varying significantly based on the timing of M&A cycles.