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Modine Manufacturing MOD Vehicular Thermal Solutions — Number Of Closed Manufacturing Facilities Sold

Discontinued — last reported Q4 '17

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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 mod:NumberOfClosedManufacturingFacilitiesSold.

The official record: Modine Manufacturing’s 10-K, filed May 23, 2019, on SEC EDGAR. View the filing →

Questions, answered.

What does vehicular thermal solutions — number of closed manufacturing facilities sold mean?
This metric tracks the total count of manufacturing sites within the Vehicular Thermal Solutions segment that have been permanently shuttered and subsequently divested or sold. It serves as a key indicator of the company's footprint optimization strategy and its efforts to rationalize production capacity in response to changing market demand or technological shifts. Monitoring this helps investors understand the pace of structural transformation and the realization of capital from non-core or redundant industrial assets.