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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%
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+45.3%
Enterprise value$11.13B+43.5%
P/E74.3×+35.0×
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:NetIncomeLoss.

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
Benefit (provision) for income taxes5.7(14.0)
Net earnings74.351.7
Net earnings attributable to noncontrolling interest(0.4)(0.5)
Net earnings attributable to Modine$73.9$51.2
Net earnings per share attributable to Modine shareholders:
Basic$1.39$0.97
Diluted$1.37$0.95
Weighted-average shares outstanding:

Item 1. Financial Statements.

FAQ

What is Modine Manufacturing's net income?
Modine Manufacturing (MOD) reported net income of $73.9M in Q2 2026.
How has Modine Manufacturing's net income changed year-over-year?
Modine Manufacturing's net income increased by 44.3% year-over-year, from $51.2M to $73.9M.
What is the long-term trend for Modine Manufacturing's net income?
Over 4 years (2022 to 2026), Modine Manufacturing's net income has grown at a 9.3% compound annual growth rate (CAGR), from $85.2M to $121.5M.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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