Modine Manufacturing Co

Latest Results (18.11.2025):

Modine Manufacturing Co reported robust financial results for the fourth quarter of fiscal 2025, marking the third consecutive year of record outcomes. The company delivered significant gains in net sales, net earnings, and margin improvements, with strong performance across key segments. Record full‐year figures further underscore the company’s successful transformation strategy and its optimistic outlook for fiscal 2026.

Fourth Quarter Financial Results

In Q4 fiscal 2025, net sales reached $647.2 million—up 7% year-over-year—with net earnings surging to $50.1 million, a 92% increase from the previous year. Adjusted EBITDA climbed 32% to $104.1 million, while earnings per share improved from $0.48 to $0.92, reflecting solid operational progress and margin expansion.

Full-Year Performance

For the full fiscal year ending March 31, 2025, Modine achieved record net sales of approximately $2.6 billion and record net earnings of $185.5 million, representing a 14% increase year-over-year. Full-year adjusted EBITDA rose 25% to $392.1 million, with earnings per share notably increasing to $3.42, underlining the company’s consistent growth.

Segment Highlights

The Climate Solutions segment led the recovery with a 28% sales increase to $356.3 million and significant gross margin improvements, driven by higher volumes and favorable mix. In contrast, despite an 11% sales decrease in the Performance Technologies segment, margin enhancements and cost-saving initiatives delivered strong operating income and adjusted EBITDA gains.

Fiscal 2026 Outlook

Looking ahead to fiscal 2026, Modine projects net sales growth between 2% and 10% and expects adjusted EBITDA to range from $420 million to $450 million. This positive outlook is supported by a robust order book, ongoing transformations, and strategic investments in key markets.