What does corporate non — business development mean?

This tracks expenses related to corporate-level business development activities, such as strategic planning, market research, or potential M&A exploration. It reflects the investment in future growth initiatives not tied to current operations.

Modine Manufacturing MOD Corporate Non — Business Development

Discontinued — last reported Q1 '17

Similar metrics at other companies

SEICInvestments In New Businesses — Strategic initiatives & new business development

$2.77M-51.4%

WECCorporate and Other — Capital expenditures and asset acquisitions

$6.5M+58.5%

APDCorporate And Other — Sales

$137.1M+44.8%

CVSCorporate Other — Revenue

$126M-5.3%

MLICorporate and Unallocated — Expenditures for long-lived assets (including those resulting from business acquisitions)

$0-100%

SEICInvestment Advisors — Strategic initiatives & new business development

$18.96M+61.9%

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:BusinessDevelopment.

The official record: Modine Manufacturing’s 10-Q, filed August 3, 2016, on SEC EDGAR. View the filing →

Questions, answered.

What does corporate non — business development mean?: This tracks expenses related to corporate-level business development activities, such as strategic planning, market research, or potential M&A exploration. It reflects the investment in future growth initiatives not tied to current operations.