MODINE MANUFACTURING CO (MOD) Form 8-K — Jul 29, 2026
Modine reported strong fiscal first-quarter results with net sales rising 28% to $874.1 million and net earnings increasing 44% to $74.3 million. Adjusted earnings per share grew 44% to $1.53, driven primarily by robust demand in the Data Centers and Commercial HVAC segments. While sales in the Data Centers segment surged 90%, gross margin compressed due to supply chain constraints and expansion costs, though the company noted sequential improvements. Commercial HVAC sales grew 22%, supported by acquisitions and higher coil sales to data center customers.
Key figures
- Eps
- 1.37
- Eps Beat
- 0.42
- Revenue
- 874.1
- Guidance
- Net Sales +20% to +35%; Adjusted EBITDA $650M to $680M
- Net Income
- 74.3
- Total Debt
- 528.2
- Revenue Yoy
- 28%
- Cash Position
- 95.3
- Net Debt
- 432.9
- Adjusted EPS
- 1.53
- Gross Margin
- 20.8%
- Free Cash Flow
- -5
- Adjusted EBITDA
- 106.5
Price after filing
Close on the filing date to close N calendar days later (from $230.40). Historical, not a forecast.
AI analysis
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