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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$10.23B+42.6%
Enterprise value$10.64B+41.0%
P/E70.9×+32.8×
P/S+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:PaymentsForRepurchaseOfCommonStock.

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
Borrowings of debt372.0265.0
Repayments of debt(283.4)(83.2)
Borrowings (repayments) on bank overdraft facilities – net3.3(9.8)
Purchases of treasury stock(64.6)(5.1)
Dividend paid to noncontrolling interest(0.7)
Other – net(0.2)0.7
Net cash provided by financing activities27.1166.9
Effect of exchange rate changes on cash(0.3)2.2

Item 1. Financial Statements.

FAQ

What is Modine Manufacturing's share buybacks?
Modine Manufacturing (MOD) reported share buybacks of $64.6M in Q2 2026.
How has Modine Manufacturing's share buybacks changed year-over-year?
Modine Manufacturing's share buybacks increased by 1166.7% year-over-year, from $5.1M to $64.6M.
What does share buybacks mean?
Cash used to buy back the company's own shares on the open market or through structured programs, reducing shares outstanding.

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