Modine Manufacturing Company

MODNYSEConsumer Cyclical● Active

$283.19

+$6.68(+2.42%)

Market Cap$15.0B

P/E Ratio—

52W High$323.25

52W Low$86.48

Avg Volume1.1M

Open$283.91

Beta1.66

Free Cash Flow Financials Revenue

Modine Manufacturing Company (MOD) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

MOD · free cash flow · updated Jun 8, 2026

Core FCF metrics

MOD · FCF · TTM · margin & CAGR

Free cash flow was $105.4M for FY2026 (fiscal year ending 2026-03-31), down 18.5% year-over-year The FCF margin was 3.3%. Five-year CAGR stands at -2.1%.

FY2026 Free Cash Flow$105.4M▼ -18.5% YoY

Trailing 12M (TTM)$105.4Mtrailing 4 quarters sum

FCF Margin3.3%$105.4M ÷ revenue

3-Year CAGR+22.9%FY2023 → FY2026

5-Year CAGR-2.1%FY2021 → FY2026

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

MOD · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2026Latest$248.7M(143M)$105.4M▼ 18.5%3.3%

FY2025$213.3M(84M)$129.3M▲ +2.5%5.0%

FY2024$214.6M(89M)$126.1M▲ +122.0%5.2%

FY2023$107.5M(51M)$56.8M▲ +297.2%2.5%

FY2022$11.5M(40M)−$28.8M▼ 124.6%-1.4%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

MOD · P/FCF · FCF yield · FCF per share

Modine Manufacturing Company (MOD) trades at a FCF yield of 0.70% and a price-to-free-cash-flow ratio of 145.2x. FCF per share stands at $1.95, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

0.70%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$1.95

TTM FCF ÷ Shares Outstanding

Price / FCF

x145.2

Share Price ÷ FCF per Share

EV / FCF (TTM)

x146.7

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2026 · 2026-03-31

Cash flow statement summary

MOD · cash flow statement · operating / investing / financing

For FY2026, Modine Manufacturing Company generated $248.7M in operating cash flow and spent 143M in capital expenditures, yielding $105.4M in free cash flow.

Operating Activities

+$248.7M

Cash from core business operations

2026-03-31

Investing Activities

−$321.3M

CapEx, acquisitions & investments

2026-03-31

Financing Activities

+$73.1M

Buybacks, dividends & debt

2026-03-31

FCF FormulaOperating CF ($248.7M) − |CapEx| (143M) = FCF ($105.4M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Consumer Cyclical)

MOD vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Modine Manufacturing CompanyYOU

MOD

$105.4M-18.5%3.3%

Toyota Motor Corporation

Alibaba Group Holding Limited

BABA

−$50.72B-164.9%-5.0%

Loss

Consumer Cyclical · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Modine Manufacturing Company (MOD) reported free cash flow of $105.4M for FY2026 (fiscal year ending 2026-03-31), down 18.5% year-over-year. The FCF margin was 3.3%.

Based on available data, Modine Manufacturing Company has maintained positive free cash flow for at least 8 fiscal year(s). FCF peaked at $129.3M in FY2025. The 5-year CAGR stands at -2.1%.

Modine Manufacturing Company's FCF yield is 0.70% and price-to-FCF ratio is 145.2x for FY2026, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

MOD free cash flow · 8 questions

Modine Manufacturing Company free cash flow was $105.4M for FY2026, down 18.5% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $105.4M.

MOD free cash flowMOD FCFMOD FCF 2026MOD free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Modine Manufacturing Company · Modine Manufacturing Company SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026