Modine Manufacturing Co (MOD) Financials
Key financial figures for Modine Manufacturing Co (Q2 2027).
Modine Q2 FY2027 net sales rose 35% to $994.4 million on Data Centers sales up 95% to $439.7 million, and the FY2027 outlook was re-based to $3.1-3.2 billion of sales and $470-500 million of adjusted EBITDA excluding Performance Technologies. Net sales were $994.4 million, up 35% from $738.9 million, driven by Data Centers ($439.7 million, up 95%) and Commercial HVAC ($285.5 million, up 23%); Performance Technologies sales were $287.7 million, up less than 1%. Adjusted EBITDA was $136.2 million, up 31%, and adjusted EPS was $1.35 versus $1.06; GAAP EPS was $0.56 versus $0.83, including $29.5 million of income tax expense from legal entity restructuring for the Performance Technologies spin-off. On the outlook: Fiscal 2027 outlook, updated on a continuing-operations basis that excludes Performance Technologies from both periods: net sales of $3.1 to $3.2 billion (up 50 to 55 percent) and adjusted EBITDA of $470 to $500 million (growth in excess of 50 percent). The release prints no like-for-like prior range; the May outlook of $650 to $680 million of adjusted EBITDA included Performance Technologies. Figures are for Q2 FY2027, as Modine Manufacturing reported them.
- Revenue
- $994M
- Net Income
- $30M
- EPS
- $0.56
- Total Assets
- $3.1B
- Operating Cash Flow
- -$99M
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q2 FY2027 | $994M | $30M | $0.56 | 9.84% | -$141M |
| Q1 FY2027 | $874M | $74M | $1.37 | 8.56% | -$5M |
| Q4 FY2026 | $954M | $74M | $1.36 | 10.89% | $125M |
| Q3 FY2026 | $805M | -$47M | -$0.90 | 12.02% | -$17M |
| Q2 FY2026 | $739M | $44M | $0.83 | 9.95% | -$3M |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2026 | $3.2B | $122M | $2.26 | 11% | $105M |
| FY2025 | $2.6B | $184M | $3.42 | 10.97% | $129M |
| FY2024 | $2.4B | $162M | $3.03 | 10% | $127M |
Frequently asked questions
What was Modine Manufacturing's revenue last quarter?
Modine Manufacturing reported revenue of $994.4 million for Q2 FY2027, up 34.6% from the same period a year earlier.
Is Modine Manufacturing profitable?
Yes. Modine Manufacturing reported net income of $30.0 million for Q2 FY2027, a net margin of 3.02% on revenue.
How has Modine Manufacturing's margin trended?
Operating margin was 9.84% in Q2 FY2027, compared with 9.95% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did Modine Manufacturing generate?
Modine Manufacturing generated free cash flow of -$140.6 million in Q2 FY2027, after capital expenditure.
Full income statement, balance sheet and cash flow for Modine Manufacturing Co on SentiSense, with up to forty quarters and twenty fiscal years of history.