Modine Manufacturing

Modine Manufacturing Co. engages in provision of thermal management solutions. It operates through the following segments: Heavy-Duty Equipment(HDE), Automotive, Commercial and Industrial Solutions (CIS), and Building HVAC Systems (BHVAC). The HDE segment provides powertrain and engine cooling products, including, but not limited to, radiators, charge air coolers, condensers, oil coolers, EGR coolers, fuel coolers, electronics cooling packages, and battery thermal management systems to OEMs in the commercial vehicle, off-highway, and automotive and light vehicle markets in North America, South America, Europe, and Asia. The Automotive segment provides powertrain and engine cooling products, including, but not limited to, radiators, charge air coolers, condensers, oil coolers, and EGR coolers, to OEMs primarily in the automotive and light vehicle markets in North America, Europe, and Asia. The VTS segment provides engineered heat transfer systems and components for use in on- and off-highway original equipment. The CIS segment offers thermal management products, including customized coils and coolers. The BHVAC segment includes heating, ventilating, and air conditioning products, primarily for commercial buildings and related applications. The company was founded by Arthur B. Modine on June 23, 1916 and is headquartered in Racine, WI.

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

Earnings data Q3 2025

Modine reports record Q1 results, eyes technology and growth

Modine's Q1 2023 performance reflects strong financial results and positive outlook for fiscal '24. The company's focus on technology, bolt-on acquisitions, and human capital stability positions it well for future growth. However, challenges in managing working capital needs and achieving margin targets require attention.

Modine reports record quarter with 15% top-line growth and raised outlook for data center revenue

Modine's Q1 fiscal 2024 earnings call highlighted strong performance, particularly in data center sales and the Performance Technologies segment. The company raised its sales and earnings outlook for fiscal '24 and expressed satisfaction with the team's progress in growing the inorganic pipeline. However, concerns were raised about decelerating growth in the European heat pump segment due to conflicting regulations.

Modine Manufacturing reports robust Q3 performance amidst supply chain challenges

Modine Manufacturing's Q3 performance reflects strong sales and EBITDA growth, driven by improvements in both segments.
While facing challenges from supply chain issues, the company remains optimistic about future revenue growth and margin targets.
Opportunities lie in leveraging favorable working capital, sustaining operational efficiency, and capitalizing on market prospects.

Modine Manufacturing achieves record sales and sets sights on growth

Modine Manufacturing's strong financial performance in Q4 and FY 2023, driven by record sales and improved margins, positions it well for continued growth. With a robust outlook for FY 2024 and strategic initiatives in place, the company is poised to capitalize on market opportunities and enhance shareholder value.

Modine Manufacturing reports record Q1 results and eyes strategic growth

Modine Manufacturing delivered exceptional financial performance, with robust revenue growth, improved margins, and a positive outlook for fiscal '24.
While facing challenges in European market regulations and acquisition evaluations, the company remains focused on strategic growth opportunities and operational efficiency.
With a strong emphasis on innovation and market expansion, Modine is poised to capitalize on emerging trends and solidify its position in key market segments.

Modine Manufacturing exceeds Q2 expectations, eyes growth amid challenges

Modine Manufacturing delivered strong financial performance in Q2 2024, surpassing revenue and EBITDA expectations.
The company's strategic divestitures, focus on margin improvement, and investments in growth areas position it for future success.
While facing market uncertainties and challenges, Modine's emphasis on high-margin businesses and operational efficiency is notable.
Opportunities in new product development and revenue growth areas offer promising prospects for Modine's continued expansion.

Modine Manufacturing excels in Q3 with margin growth and strategic acquisitions

Modine Manufacturing's Q3 2024 earnings call highlighted strong financial performance, operational improvements, and strategic initiatives for growth. Despite challenges in certain segments and divestitures, the company remains optimistic about its outlook and opportunities for expansion.

Modine Manufacturing achieves record sales and EBITDA growth in Q4 2024

Modine Manufacturing's strong performance in fiscal '24, marked by record sales and improved margins, reflects strategic positioning and operational efficiency.
While facing challenges in specific segments like heat pump sales, the company's focus on growth areas like data centers and Performance Technologies presents promising opportunities.
With a clear outlook for fiscal '25, Modine aims to capitalize on market trends, drive organic growth, and enhance profitability through strategic investments and pricing strategies.
Investors should note the company's resilience in navigating market conditions, leveraging strengths in key segments, and pursuing growth avenues while managing challenges effectively.

Modine Manufacturing reports strong Q1 earnings and raises fiscal '25 outlook

Modine Manufacturing's Q1 2025 earnings call showcased impressive top-line growth, margin improvement, and strong financial performance across segments.
The company's raised outlook for sales, earnings, and adjusted EPS reflects confidence in sustained growth and profitability for fiscal year 2025.
While facing challenges in maintaining growth momentum and operational execution, Modine Manufacturing remains well-positioned to capitalize on opportunities in its key segments.
Strategic acquisitions, product innovation, and financial discipline are key drivers for Modine Manufacturing's continued success and market expansion.

Modine Manufacturing reports robust Q2 performance and strategic growth focus

Modine Manufacturing's Q2 performance reflects strong sales growth, margin improvement, and cash flow generation. Despite challenges in vehicular markets, the company's strategic focus on key growth pillars and market trends bodes well for future success. Opportunities in data centers, high-performance cooling solutions, and power generation offer avenues for continued growth and profitability.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Modine Manufacturing Co. engages in the provision of thermal management products and solutions. It operates through the Climate Solutions and Performance Technologies business segments. The Climate Solutions segment provides climate-controlled solutions and components, heat transfer products, heating, ventilating, air conditioning and refrigeration products, and data center cooling solutions. The Performance Technologies segment designs and manufactures air- and liquid-cooled technology for vehicular, stationary power, and industrial applications. In addition, the Performance Technologies segment provides thermal solutions to zero-emission and hybrid commercial vehicle and automotive customers, and coating products and application services. The company was founded by Arthur B. Modine on June 23, 1916 and is headquartered in Racine, WI.

Columbus McKinnon

RACINE, Wis. , May 12, 2022 /PRNewswire/ -- Modine Manufacturing Company (NYSE: MOD), a diversified global leader in thermal management technology and solutions, announced today that David J.

David J. Wilson Joining Modine Manufacturing Company Board of Directors

RACINE, Wis. , May 11, 2022 /PRNewswire/ -- Modine Manufacturing Company (NYSE: MOD), a diversified global leader in thermal management technology and solutions, announced today that it will host a conference call and webcast to discuss its fourth quarter financial results for the period ended March 31, 2022 on Thursday, May 26, 2022 at 8:00 a.m.

Modine to Host Fourth Quarter Fiscal 2022 Earnings Conference Call on May 26, 2022

Modine Manufacturing has recently started implementing the 80/20 strategy and is looking to grow revenue and margins through responsible pricing, simplifying product line offerings, and increasing operational efficiencies.

Modine Manufacturing: A Good Turnaround Bet

Modine Manufacturing Company (MOD) CEO Neil Brinker on Q3 2022 Results - Earnings Call Transcript

RACINE, Wis., Feb. 2, 2022 /PRNewswire/ -- Modine Manufacturing Company (NYSE: MOD), a diversified global leader in thermal management technology and solutions, today reported financial results for the quarter ended December 31, 2021.

Modine Reports Third Quarter Fiscal 2022 Results

KNOXVILLE, Tenn. , Jan. 28, 2022 /PRNewswire/ -- Modine Coatings, the industry-leading commercial and industrial HVAC coatings division of Modine Manufacturing Company (NYSE: MOD), has selected Ripley PR, the leading global public relations experts for manufacturing and B2B, to support its strategic communications goals, drive brand awareness and enhance business growth.

Modine Coatings names award-winning manufacturing and B2B PR company as agency of record

RACINE, Wis. , Jan. 20, 2022 /PRNewswire/ -- Modine Manufacturing Company (NYSE: MOD), a diversified global leader in thermal management technology and solutions, announced today that it will host a conference call and webcast to discuss its third quarter financial results for the period ended December 31, 2021 on Thursday, February 3, 2022 at 8:00 a.m.

Modine to Host Third Quarter Fiscal 2022 Earnings Conference Call on February 3, 2022

RACINE, Wis., Jan. 19, 2022 /PRNewswire/ -- Modine Coatings, a division of Modine Manufacturing Company (NYSE: MOD), a leader in corrosion resistant coatings technology in the HVAC industry, will showcase their innovative GulfCoat™ technology during the AHR Expo from Jan. 31 to Feb. 2.

MODINE SET TO UNVEIL NEW COATING PRODUCTS AT AHR EXPO

RACINE, Wis., Nov. 16, 2021 /PRNewswire/ -- Modine Manufacturing Company (NYSE: MOD), a diversified global leader in thermal management technology and solutions, announced today that Katherine Harper will join the Company's Board of Directors effective January 20, 2022.

Katherine Harper Joining Modine Manufacturing Company Board of Directors

RACINE, Wis., Nov. 15, 2021 /PRNewswire/ -- Modine Manufacturing Company (NYSE: MOD or the "Company"), a diversified global leader in thermal management technology and solutions, today announced that Mario Signorini has been appointed General Manager, Global Refrigeration & Industrial Coolers.

Modine Names Mario Signorini as General Manager, Global Refrigeration & Industrial Coolers

Modine Manufacturing's (MOD) CEO Neil Brinker on Q2 2022 - Earnings Call Transcript

RACINE, Wis., Nov. 2, 2021 /PRNewswire/ -- Modine Manufacturing Company (NYSE: MOD), a diversified global leader in thermal management technology and solutions, today reported financial results for the quarter ended September 30, 2021.

Modine Reports Second Quarter Fiscal 2022 Results

RACINE, Wis., Nov. 2, 2021 /PRNewswire/ -- Modine Manufacturing Company (NYSE:MOD or the "Company"), a diversified global leader in thermal management technology and solutions, today announced that Jonas Caino has been appointed General Manager, Data Centers.

Modine Names Jonas Caino as General Manager, Data Centers

Dana Incorporated

MAUMEE, Ohio, Oct. 25, 2021 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) announced today a mutual agreement with Modine Manufacturing Company (NYSE: MOD) to terminate Dana's agreement to acquire a portion of Modine's automotive thermal-management business for one dollar with the assumption of certain financial liabilities.  Both companies had been actively engaged in the regulatory review process in Germany for many months and have decided that it is no longer in the best interest of either party to pursue the transaction further.

Dana Announces Termination of Agreement to Acquire Portion of Light-Vehicle Thermal Business from Modine Manufacturing Company

RACINE, Wis., Oct. 25, 2021 /PRNewswire/ -- Modine Manufacturing Company (NYSE: MOD or the "Company"), a diversified global leader in thermal management technology and solutions, today announced that the Company has reached a mutual agreement with Dana Incorporated to terminate the Securities and Asset Purchase Agreement for the liquid-cooled portion of the Company's Automotive business.

Modine Announces Termination of Securities and Asset Purchase Agreement for Liquid-Cooled Automotive Business

RACINE, Wis., Oct. 21, 2021 /PRNewswire/ -- Modine Manufacturing Company (NYSE: MOD), a diversified global leader in thermal management technology and solutions, announced today that it will host a conference call and webcast to discuss its second quarter financial results for the period ended September 30, 2021 on Wednesday, November 3, 2021 at 8:00 a.m.

Modine to Host Second Quarter Fiscal 2022 Earnings Conference Call on November 3, 2021

RACINE, Wisc., Oct. 5, 2021 /PRNewswire/ -- Modine Manufacturing Company (NYSE: MOD or the "Company"), a diversified global leader in thermal management technology and solutions, today announced that Matt Powell has been appointed General Manager, Heavy Duty Equipment ("HDE").

Modine Names Matt Powell as General Manager, Heavy Duty Equipment

RACINE, Wis., Sept. 29, 2021 /PRNewswire/ -- Modine Manufacturing Company (NYSE: MOD or the "Company"), a diversified global leader in thermal management technology and solutions, today announced that Jake Feldman has been appointed General Manager, IAQ.

Modine Names Jake Feldman as General Manager, IAQ

RACINE, Wis., Sept. 28, 2021 /PRNewswire/ -- Modine Manufacturing Company (NYSE: MOD or the "Company"), a diversified global leader in thermal management technology and solutions, today announced that Jonathan Schlemmer has been appointed General Manager, Heating.

Modine Names Jonathan Schlemmer as General Manager, Heating

RACINE, Wis., Sept. 21, 2021 /PRNewswire/ -- Modine Manufacturing Company (NYSE: MOD or the "Company"), a diversified global leader in thermal management technology and solutions, today announced Gina Bonini has been appointed General Manager, Electric Vehicles.

Modine Names Gina Bonini as General Manager, Electric Vehicles

Modine Manufacturing Co (NYSE: MOD) is establishing a separate business unit to focus exclusively on thermal management systems for electric vehicles. The company plans to name a dedicated leader to this group and invest in the people and technology to support the fast-developing market.

Modine Manufacturing Creates Electric Vehicle Business Unit

RACINE, Wis., Sept. 16, 2021 /PRNewswire/ -- Modine Manufacturing Company (NYSE: MOD or the "Company"), a diversified global leader in thermal management technology and solutions, today announced that it is establishing a separate business unit to focus exclusively on thermal management systems for electric vehicles.

Modine Announces Creation of Electric Vehicle Business Unit

RACINE, Wis., Sept. 13, 2021 /PRNewswire/ -- Modine Manufacturing Company (NYSE: MOD or the "Company"), a diversified global leader in thermal management technology and solutions, today announced Michael S.

Modine Names Michael S. Postma as General Manager, Coils

RACINE, Wis., Sept. 13, 2021 /PRNewswire/ -- Modine Manufacturing Company (NYSE: MOD or the "Company"), a diversified global leader in thermal management technology and solutions, today announced that it has entered into a strategic partnership and license agreement with Advancoat LLC, an engineering company dedicated to providing corrosion protection and indoor air quality solutions for the HVAC/R industry located in Pompano Beach, FL.

Modine Announces Strategic Partnership for Pompano Beach, FL Coatings Business

Modine Manufacturing Company (MOD) CEO Neil Brinker on Q1 2022 - Earnings Call Transcript

News for Modine Manufacturing Stock (MOD)