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Modine Manufacturing MOD Operating Income

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Segments

By segment

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Climate Solutions$108.8M+76.9%
Performance Technologies$27.7M-7.4%

Other financials

Income statement

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Revenue$954.4M+47.5%
Gross profit$214.7M+29.3%
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

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:OperatingIncomeLoss.

The official record: Modine Manufacturing’s 10-K, filed May 27, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Modine Manufacturing's operating income?
Modine Manufacturing (MOD) reported operating income of $103.9M in Q1 2026.
How has Modine Manufacturing's operating income changed year-over-year?
Modine Manufacturing's operating income increased by 39.5% year-over-year, from $74.5M to $103.9M.
What is the long-term trend for Modine Manufacturing's operating income?
Over 4 years (2022 to 2026), Modine Manufacturing's operating income has grown at a 30.2% compound annual growth rate (CAGR), from $119.2M to $342.4M.
What does operating income mean?
Profit earned from core business activities before interest and taxes.
How do you interpret operating income?
Higher operating income indicates a healthy, efficient core business with strong operational control.
How does operating income compare across companies?
The primary metric for comparing operational performance across the industrial sector, often used to calculate operating margins.