NYSE$MOD

Modine Manufacturing Company · Q4 2025 earnings

Q4 2025 earnings · · After market close · Investor relations

Briefing

Reported financial results for the quarter and fiscal year ended March 31, 2025, with strong fourth quarter results leading to a third consecutive year of record performance.

Modine achieved strong results in the fourth quarter of fiscal 2025, with significant increases in net sales, net earnings, adjusted EBITDA, and earnings per share. This performance contributed to record net sales and adjusted EBITDA for the full fiscal year, primarily driven by growth in the Climate Solutions segment, particularly data center cooling products.

  • Fourth quarter net sales increased 7% to $647.2 million, driven by the Climate Solutions segment.
  • Net earnings in Q4 increased 92% to $50.1 million.
  • Adjusted EBITDA in Q4 rose 32% to $104.1 million.
  • Fiscal year 2025 marked the third consecutive year of record net sales ($2.6 billion) and adjusted EBITDA ($392.1 million).

Headline financials

Total Revenue

$647M

Previous: $604M+7.2%
EPS (adj)

$1.12

Previous: $0.77+45.5%
Gross Margin

25.7%

No prior period
SG&A Expenses

$81.5M

No prior period
Adjusted EBITDA

$104M

No prior period
Adjusted EBITDA Margin

16.1%

No prior period
Net Income

$50.1M

Previous: $26.1M+92.0%
Operating Income

$74.5M

Previous: $46.8M+59.2%
Gross Profit

$166M

Previous: $135M+22.7%

Revenue & EPS history

Modine · Revenue · Quarterly

$647M

Q4 2025+7.2%vs Q4 2024
Beat estimate in 10 of 15 quarters(67%)
ActualEstimate

Revenue by segment

Modine · $960M total across 2 segments · Q4 2026

  • Climate Solutions
    $666M
  • Performance Technologies
    $294M

Forward guidance

For fiscal year 2026, Modine expects net sales growth between 2% and 10% and adjusted EBITDA between $420 million and $450 million, indicating continued growth and progress towards financial targets.

Tailwinds

  • Expectation of a fourth consecutive year of record results.
  • Anticipated strong year in the Climate Solutions segment, supported by the data center order book.
  • Significant funnel of future opportunities in the data center business.
  • Expansion of technology offerings and manufacturing capacity contributing to above-market organic growth.
  • Taking additional measures to reduce costs in the Performance Technologies segment.

Headwinds

  • Market uncertainty due to the unknown impact of tariffs on individual businesses and the economy.
  • Difficulty in fully assessing the impact of tariffs on Modine.
  • Trade environment making it harder to assess impact on customers, supply chains, and end-market demand.
  • Providing broader ranges for financial outlook due to dynamic situation.
  • Performance Technologies segment vehicular end-markets remain challenged.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q4 2025

Historical avgQ4 2025

+2.8%

Avg return

Earnings day

+4.9%

Avg return

5 days after

+6.5%

Avg return

30 days after

63%

40 / 64 earnings

Positive

+41.1%

Q2 2021

Best reaction

-39.9%

Q2 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026
Q3 2026+2.9%+10.1%-6.1%
Q2 2026-4.3%-5.6%+0.1%
Q1 2026+18.7%+23.7%+19.8%
Q4 2025-11.4%-14.9%-8.4%
Q3 2025+7.3%+0.3%-18.0%
Q2 2025-7.8%-14.8%+1.8%
Q1 2025+15.0%-3.4%+13.3%
Q4 2024-5.5%+1.3%-8.3%
Q3 2024+4.7%+6.9%+35.9%
Q2 2024+2.2%+3.1%+31.1%
Q1 2024+13.6%+16.1%+28.6%
Q4 2023+18.3%+32.9%+53.0%
Q3 2023-5.1%-1.0%+11.1%
Q2 2023+3.7%+14.0%+16.7%
Q1 2023+9.8%+18.3%+11.8%
Q4 2022+26.6%+31.4%+29.6%
Q3 2022+14.2%+8.2%-0.3%
Q2 2022-0.7%-0.2%-4.8%
Q1 2022-17.2%-15.5%-26.9%
Q4 2021+0.9%+8.4%+1.0%
Q3 2021+2.7%+7.4%+11.5%
Q2 2021+41.1%+51.8%+77.7%
Q1 2021+19.6%+20.7%+18.7%
Q4 2020-1.7%+0.6%-9.0%
Q3 2020+23.8%+9.8%-14.0%
Q2 2020-39.9%-34.5%-39.3%
Q1 2020-26.4%-21.4%-26.9%
Q4 2019+3.5%+8.0%+5.0%
Q3 2019+9.0%+6.7%+7.4%
Q2 2019+11.2%+17.5%+12.9%
Q1 2019+0.3%+1.4%-3.4%
Q4 2018+4.9%-2.2%+3.3%
Q3 2018+0.4%+4.7%-4.1%
Q2 2018+10.4%+13.8%+10.9%
Q1 2018+3.1%+5.8%-0.6%
Q4 2017+20.9%+19.7%+27.6%
Q3 2017-10.0%-13.0%-14.5%
Q2 2017-12.3%-15.1%+21.0%
Q1 2017-0.7%+2.7%+14.6%
Q4 2016-2.6%-6.8%-18.5%
Q3 2016+16.3%
Q2 2016+1.7%
Q1 2016-2.2%
Q4 2015-6.5%
Q3 2015-0.4%
Q2 2015+3.1%
Q1 2015-2.6%
Q4 2014-3.4%
Q3 2014+11.1%
Q2 2014+1.9%
Q1 2014+25.6%
Q4 2013+8.5%
Q3 2013+2.0%
Q2 2013+0.1%
Q1 2013+0.3%
Q4 2010+6.4%
Q4 2012-11.6%
Q3 2012+1.1%
Q3 2011+1.1%
Q2 2012+5.1%
Q4 2011-5.7%
Q1 2011-5.7%
Q1 2012-5.7%
Q2 2011-5.7%

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