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Companies / Industrials / Modine Manufacturing Company
MOD

Modine Manufacturing Company

IndustrialsTransportation Equipment
Ticker MODRACINE, WIFiscal year ends MarchBook value per share $22.25Diluted shares 54.0M

Modine Manufacturing Company (NYSE: MOD) designs, engineers and manufactures thermal management solutions, including systems and components for heating, cooling and ventilation. Its customers include data center operators, HVAC manufacturers, building owners and contractors, industrial equipment makers, and vehicle… From the company’s description.

In fiscal 2026, Modine Manufacturing Company reported revenue of $3.18B, up 23.1% from fiscal 2025, and net income of $123.30M. Its operating margin was 10.8%, and operations generated $248.70M in cash. Over the twelve months to Jun 30, 2026, revenue was $3.37B.

Fiscal year 2026 · ends 03-31Changes are against fiscal 2025The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$3.18BFY2026
+23.1% year over year
Last 12 mo $3.37B
10.76%FY2026
−0.2 percentage points
Last 12 mo 10.13%
$123.30MFY2026
−33.5% year over year
Last 12 mo $145.90M
11.31%FY2026
−11.2 percentage points
Last 12 mo 12.00%
Cash & financing
$248.70MFY2026
+16.6% year over year
Last 12 mo $262.40M
$105.40MFY2026
−18.5% year over year
Last 12 mo $100.20M
0.37FY2026
Was 0.39× a year earlier
Last 12 mo 0.44
53.8MFY2026
−0.2% year over year
Last 12 mo 54.0M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Modine Manufacturing Company does

In the company’s own words

Modine Manufacturing Company (NYSE: MOD) designs, engineers and manufactures thermal management solutions, including systems and components for heating, cooling and ventilation. Its customers include data center operators, HVAC manufacturers, building owners and contractors, industrial equipment makers, and vehicle and engine manufacturers. In fiscal 2026, the company operated through Climate Solutions and Performance Technologies. Climate Solutions served data center, heat transfer and HVAC markets with cooling systems, heat exchangers, refrigeration products, heating equipment and indoor air quality systems; Performance Technologies supplied thermal products for heavy-duty equipment and on-highway vehicles, including electric and hybrid applications. Data Centers represented 35% of fiscal 2026 net sales, while On-Highway Applications represented 23%. Products include chillers, dry coolers, air handling units, heat exchanger coils, unit heaters, radiators, engine oil coolers and battery thermal management systems. Modine reported $3.2 billion in net sales for fiscal 2026 and employed approximately 13,200 people worldwide as of March 31, 2026. Its website is www.modine.com.

Company details
Sector
Industrials
Industry (SIC)
Transportation Equipment
Headquarters
RACINE, WI
Fiscal year end
March
CIK
67347
SIC
3714

Financial performance, year by year

Fiscal 2014–2026 · USD
$-567.69M$506.88M$1.58B$2.66B$3.73B2014201520162017201820192020202120222023202420252026Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Modine Manufacturing Company — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

510
funds hold it
1 of 35
superinvestors hold it
$6.14B
held by funds, at market
43.3%
of shares held by funds

Superinvestors in Modine Manufacturing Company · what they did last quarter

Polen CapitalINCREASED +1.0%
Polen Capital Management
0.1%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · Modine Manufacturing Company’s weight in each

0.59%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.02%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.17%of fund net assets
FULLERTHALER BEHAVIORAL SMALL-CAP GROWTH
FTXNX · Capitol Series Trust
3.17%of fund net assets
VANGUARD SMALL-CAP GROWTH INDEX FUND
VBK · VANGUARD INDEX FUNDS
0.40%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Modine Manufacturing Company and its peers compare on margins and cash generation over ten years?”
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