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Modine Manufacturing MOD Commercial Heating Ventilation And Air Conditioning — Restructuring Charges

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Other financials

Income statement

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Revenue$874.1M+28.0%
Gross profit$182.0M+10.0%
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$10.71B+44.2%
Enterprise value$11.13B+42.5%
P/E74.3×+34.7×
P/S3.2×+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:RestructuringCharges.

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, 2026 / Data / CentersThree months ended June 30, 2026 / Commercial / HVACThree months ended June 30, 2026 / Performance / TechnologiesThree months ended June 30, 2026 / Corporate / and / eliminationsThree months ended June 30, 2026 / TotalThree months ended June 30, 2025 / Data / CentersThree months ended June 30, 2025 / Commercial / HVACThree months ended June 30, 2025 / Performance / TechnologiesThree months ended June 30, 2025 / Corporate / and / eliminationsThree months ended June 30, 2025 / Total
External sales$348.4$247.9$277.8$874.1$183.6$213.7$285.5$682.8
Inter-segment sales0.213.7(13.9)0.10.5(0.6)
Net sales348.6261.6277.8(13.9)874.1183.7214.2285.5(0.6)682.8
Cost of sales278.3197.7229.0(12.9)692.1129.0156.0233.6(1.2)517.4
Gross profit70.363.948.8(1.0)182.054.758.251.90.6165.4
Selling, general and administrative expenses24.030.319.529.5103.319.824.921.918.384.9
Restructuring expenses2.21.73.90.21.13.54.8
Operating income$46.3$31.4$27.6$(30.5)$74.8$34.7$32.2$26.5$(17.7)$75.7

Item 1. Financial Statements.

FAQ

What is Modine Manufacturing's commercial heating ventilation and air conditioning — restructuring charges?
Modine Manufacturing (MOD) reported commercial heating ventilation and air conditioning — restructuring charges of $2.2M in Q2 2026.
What does commercial heating ventilation and air conditioning — restructuring charges mean?
This metric quantifies the costs associated with reorganizing, downsizing, or streamlining the Commercial HVAC segment's operations to improve long-term efficiency. These are typically non-recurring expenses that impact short-term profitability. Investors track these charges to understand the scope of operational transformations and potential future cost savings.

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