← MODINE MANUFACTURING CO
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales | $1.5b |
$2.1b
+39.93%
|
$2.2b
+5.21%
|
$2.0b
-10.72%
|
$1.8b
-8.46%
|
$2.1b
+13.37%
|
$2.3b
+12.09%
|
$2.4b
+4.78%
|
$2.6b
+7.30%
|
$3.2b
+23.13%
|
$3.4b
+6.01%
|
|
| Cost of sales | $1.2b |
$1.7b
+39.76%
|
$1.8b
+5.76%
|
$1.7b
-9.70%
|
$1.5b
-9.17%
|
$1.7b
+14.90%
|
$1.9b
+9.63%
|
$1.9b
-1.38%
|
$1.9b
+3.05%
|
$2.5b
+26.31%
|
$2.6b
+7.13%
|
|
| Gross profit | $253.3m |
$356.5m
+40.74%
|
$365.5m
+2.52%
|
$307.5m
-15.87%
|
$293.4m
-4.59%
|
$309.3m
+5.42%
|
$389.4m
+25.90%
|
$525.6m
+34.98%
|
$643.8m
+22.49%
|
$731.1m
+13.56%
|
$747.7m
+2.27%
|
|
| Selling, general and administrative expenses | $205.0m | $245.8m | $244.1m | $249.6m | $210.9m | $215.1m | $234.0m | $273.9m | $332.1m | $360.1m | $378.5m | |
| Restructuring expenses | $10.9m | $16.0m | $9.6m | $12.2m | $13.4m | $24.1m | $5.0m | $15.0m | $28.2m | $20.6m | — | |
| Operating income | $39.4m |
$92.2m
+134.01%
|
$109.7m
+18.98%
|
$37.9m
-65.45%
|
($97.7m)
-357.78%
|
$119.2m
+222.01%
|
$150.4m
+26.17%
|
$240.7m
+60.04%
|
$283.5m
+17.78%
|
$342.4m
+20.78%
|
$369.2m
+7.83%
|
|
| Interest expense | ($17.2m) | ($25.6m) | ($24.8m) | ($22.7m) | ($19.4m) | ($15.6m) | ($20.7m) | ($24.1m) | ($26.4m) | ($31.6m) | $32.2m | |
| Other expense - net | ($1.4m) | ($3.3m) | ($4.1m) | ($4.8m) | ($2.2m) | ($2.1m) | ($4.4m) | ($2.0m) | ($3.1m) | ($8.2m) | — | |
| Earnings before income taxes | $20.8m | $63.3m | $80.8m | $10.4m | ($119.3m) | $101.5m | $125.3m | $214.6m | $254.0m | $186.5m | — | |
| Provision for income taxes | ($5.9m) | ($39.5m) | $5.1m | ($12.4m) | ($90.2m) | ($15.2m) | $28.3m | ($51.2m) | ($68.5m) | ($63.2m) | — | |
| Net earnings | $14.9m |
$23.8m
+59.73%
|
$85.9m
+260.92%
|
($2.0m)
-102.33%
|
($209.5m)
-10375.00%
|
$86.3m
+141.19%
|
$153.6m
+77.98%
|
$163.4m
+6.38%
|
$185.5m
+13.53%
|
$123.3m
-33.53%
|
$144.2m
+16.95%
|
|
| Net earnings attributable to Modine | $14.2m | $22.2m | $84.8m | ($2.2m) | ($210.7m) | $85.2m | $153.1m | $161.5m | $184.0m | $121.5m | — | |
| Net earnings attributable to noncontrolling interest | ($700k) | ($1.6m) | ($1.1m) | ($200k) | ($1.2m) | ($1.1m) | ($500k) | ($1.9m) | ($1.5m) | ($1.8m) | — | |
| Basic (in dollars per share) | $0.31 | $0.48 | $1.70 | ($0.04) | ($4.08) | $1.66 | $2.94 | $3.12 | $3.53 | $2.34 | — | |
| Diluted (in dollars per share) | $0.31 | $0.47 | $1.67 | ($0.04) | ($4.08) | $1.64 | $2.91 | $3.06 | $3.44 | $2.29 | — | |
| Impairment charge | — | — | $400k | $8.6m | $166.8m | — | — | $0 | $0 | $4.1m | — | |
| Loss (gain) on sale of assets | ($2.0m) | $0 | $1.7m | ($800k) | $0 | $6.6m | $0 | ($4.0m) | $0 | $3.9m | — | |
| Pension termination charge | — | — | — | — | — | — | — | $0 | $0 | ($116.1m) | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.