
Modine Manufacturing Co
NYSE:MOD

Income Statement
Earnings Waterfall
Modine Manufacturing Co
Revenue
|
2.5B
USD
|
Cost of Revenue
|
-1.9B
USD
|
Gross Profit
|
613.1m
USD
|
Operating Expenses
|
-325.9m
USD
|
Operating Income
|
287.2m
USD
|
Other Expenses
|
-127m
USD
|
Net Income
|
160.2m
USD
|
Income Statement
Modine Manufacturing Co
Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
1 524
N/A
|
1 496
-2%
|
1 450
-3%
|
1 407
-3%
|
1 372
-2%
|
1 353
-1%
|
1 354
+0%
|
1 337
-1%
|
1 358
+2%
|
1 503
+11%
|
1 671
+11%
|
1 862
+11%
|
2 025
+9%
|
2 103
+4%
|
2 154
+2%
|
2 194
+2%
|
2 223
+1%
|
2 213
0%
|
2 176
-2%
|
2 127
-2%
|
2 059
-3%
|
1 976
-4%
|
1 794
-9%
|
1 756
-2%
|
1 766
+1%
|
1 808
+2%
|
1 955
+8%
|
1 973
+1%
|
1 991
+1%
|
2 050
+3%
|
2 097
+2%
|
2 196
+5%
|
2 254
+3%
|
2 298
+2%
|
2 379
+4%
|
2 421
+2%
|
2 422
+0%
|
2 408
-1%
|
2 447
+2%
|
2 484
+2%
|
2 540
+2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(1 263)
|
(1 250)
|
(1 214)
|
(1 182)
|
(1 148)
|
(1 119)
|
(1 125)
|
(1 107)
|
(1 128)
|
(1 250)
|
(1 392)
|
(1 544)
|
(1 680)
|
(1 747)
|
(1 791)
|
(1 830)
|
(1 852)
|
(1 847)
|
(1 821)
|
(1 785)
|
(1 735)
|
(1 668)
|
(1 524)
|
(1 480)
|
(1 482)
|
(1 515)
|
(1 635)
|
(1 667)
|
(1 693)
|
(1 741)
|
(1 777)
|
(1 847)
|
(1 882)
|
(1 909)
|
(1 945)
|
(1 948)
|
(1 920)
|
(1 882)
|
(1 887)
|
(1 894)
|
(1 927)
|
|
Gross Profit |
261
N/A
|
247
-6%
|
236
-4%
|
225
-5%
|
224
0%
|
234
+4%
|
229
-2%
|
231
+1%
|
231
+0%
|
253
+10%
|
280
+10%
|
318
+14%
|
345
+8%
|
357
+3%
|
362
+2%
|
364
+0%
|
370
+2%
|
366
-1%
|
355
-3%
|
342
-3%
|
324
-5%
|
308
-5%
|
270
-12%
|
275
+2%
|
285
+3%
|
293
+3%
|
321
+9%
|
306
-5%
|
298
-3%
|
309
+4%
|
320
+3%
|
349
+9%
|
372
+7%
|
389
+5%
|
434
+11%
|
473
+9%
|
503
+6%
|
526
+5%
|
560
+7%
|
591
+5%
|
613
+4%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(185)
|
(185)
|
(185)
|
(214)
|
(212)
|
(170)
|
(206)
|
(178)
|
(186)
|
(190)
|
(220)
|
(233)
|
(243)
|
(241)
|
(246)
|
(247)
|
(244)
|
(243)
|
(248)
|
(252)
|
(259)
|
(249)
|
(231)
|
(214)
|
(207)
|
(210)
|
(226)
|
(227)
|
(221)
|
(215)
|
(212)
|
(219)
|
(227)
|
(234)
|
(239)
|
(249)
|
(259)
|
(274)
|
(295)
|
(312)
|
(326)
|
|
Selling, General & Administrative |
(185)
|
(123)
|
(185)
|
(214)
|
(212)
|
(109)
|
(206)
|
(178)
|
(186)
|
(125)
|
(220)
|
(233)
|
(243)
|
(175)
|
(246)
|
(247)
|
(244)
|
(173)
|
(248)
|
(252)
|
(259)
|
(190)
|
(231)
|
(214)
|
(207)
|
(164)
|
(226)
|
(227)
|
(221)
|
(165)
|
(212)
|
(219)
|
(227)
|
(190)
|
(239)
|
(249)
|
(259)
|
(232)
|
(295)
|
(312)
|
(326)
|
|
Research & Development |
0
|
(62)
|
0
|
0
|
0
|
(61)
|
0
|
0
|
0
|
(64)
|
0
|
0
|
0
|
(66)
|
0
|
0
|
0
|
(70)
|
0
|
0
|
0
|
(60)
|
0
|
0
|
0
|
(46)
|
0
|
0
|
0
|
(50)
|
0
|
0
|
0
|
(44)
|
0
|
0
|
0
|
(42)
|
0
|
0
|
0
|
|
Operating Income |
76
N/A
|
62
-19%
|
51
-17%
|
11
-78%
|
12
+10%
|
64
+416%
|
22
-65%
|
52
+136%
|
45
-15%
|
64
+42%
|
60
-5%
|
85
+41%
|
102
+20%
|
116
+13%
|
116
+1%
|
117
+1%
|
127
+8%
|
122
-4%
|
106
-13%
|
90
-15%
|
66
-27%
|
59
-11%
|
39
-33%
|
61
+55%
|
78
+27%
|
83
+7%
|
95
+14%
|
79
-16%
|
77
-3%
|
94
+22%
|
108
+14%
|
131
+21%
|
146
+12%
|
156
+7%
|
195
+25%
|
224
+15%
|
243
+9%
|
252
+4%
|
265
+5%
|
279
+5%
|
287
+3%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(12)
|
(12)
|
(11)
|
(11)
|
(11)
|
(13)
|
(12)
|
(13)
|
(14)
|
(20)
|
(22)
|
(26)
|
(27)
|
(25)
|
(26)
|
(25)
|
(25)
|
(26)
|
(26)
|
(26)
|
(25)
|
(25)
|
(23)
|
(21)
|
(21)
|
(18)
|
(18)
|
(17)
|
(17)
|
(17)
|
(19)
|
(20)
|
(21)
|
(23)
|
(23)
|
(22)
|
(22)
|
(23)
|
(24)
|
(26)
|
(25)
|
|
Non-Reccuring Items |
(22)
|
(9)
|
(11)
|
(11)
|
(14)
|
(17)
|
(17)
|
(17)
|
(17)
|
(24)
|
(8)
|
(8)
|
(17)
|
(24)
|
(17)
|
(18)
|
(9)
|
(13)
|
(13)
|
(14)
|
(15)
|
(21)
|
(23)
|
(22)
|
(156)
|
(181)
|
(181)
|
(183)
|
7
|
25
|
29
|
32
|
(23)
|
(5)
|
(4)
|
(3)
|
(1)
|
(11)
|
(17)
|
(21)
|
(31)
|
|
Total Other Income |
(0)
|
0
|
0
|
0
|
0
|
(44)
|
0
|
0
|
0
|
1
|
(1)
|
(2)
|
(2)
|
(4)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
|
Pre-Tax Income |
42
N/A
|
41
-2%
|
29
-29%
|
(11)
N/A
|
(13)
-14%
|
(10)
+21%
|
(7)
+31%
|
23
N/A
|
14
-41%
|
21
+52%
|
29
+39%
|
50
+72%
|
56
+12%
|
63
+13%
|
71
+12%
|
71
N/A
|
90
+28%
|
81
-11%
|
64
-20%
|
48
-26%
|
23
-51%
|
10
-55%
|
(9)
N/A
|
15
N/A
|
(102)
N/A
|
(119)
-17%
|
(106)
+11%
|
(123)
-16%
|
66
N/A
|
102
+55%
|
116
+14%
|
141
+21%
|
99
-29%
|
125
+26%
|
166
+33%
|
195
+17%
|
217
+11%
|
215
-1%
|
221
+3%
|
228
+3%
|
227
-1%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
103
|
(19)
|
(16)
|
0
|
1
|
9
|
9
|
(2)
|
1
|
(6)
|
(6)
|
(6)
|
(6)
|
(2)
|
(4)
|
8
|
2
|
(3)
|
(1)
|
(16)
|
(13)
|
(12)
|
(9)
|
(20)
|
(99)
|
(90)
|
(92)
|
(84)
|
(2)
|
(15)
|
(18)
|
(19)
|
(28)
|
28
|
19
|
12
|
10
|
(51)
|
(55)
|
(63)
|
(65)
|
|
Income from Continuing Operations |
145
|
22
|
14
|
(11)
|
(12)
|
(1)
|
2
|
21
|
15
|
15
|
23
|
44
|
50
|
62
|
67
|
79
|
92
|
78
|
64
|
31
|
11
|
(2)
|
(19)
|
(5)
|
(201)
|
(210)
|
(198)
|
(207)
|
63
|
86
|
98
|
122
|
72
|
154
|
185
|
207
|
228
|
163
|
166
|
165
|
162
|
|
Income to Minority Interest |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
|
Net Income (Common) |
143
N/A
|
22
-85%
|
13
-39%
|
(11)
N/A
|
(12)
-14%
|
(2)
+87%
|
2
N/A
|
20
+953%
|
14
-32%
|
14
+2%
|
23
+61%
|
43
+89%
|
13
-71%
|
22
+76%
|
27
+22%
|
49
+84%
|
96
+94%
|
84
-12%
|
71
-16%
|
27
-61%
|
11
-61%
|
(2)
N/A
|
(19)
-755%
|
(6)
+71%
|
(202)
-3 580%
|
(211)
-4%
|
(200)
+5%
|
(208)
-4%
|
62
N/A
|
85
+38%
|
97
+14%
|
121
+25%
|
72
-41%
|
153
+114%
|
184
+20%
|
206
+12%
|
226
+10%
|
162
-28%
|
164
+2%
|
164
0%
|
160
-2%
|
|
EPS (Diluted) |
2.98
N/A
|
0.44
-85%
|
0.26
-41%
|
-0.22
N/A
|
-0.27
-23%
|
-0.03
+89%
|
0.04
N/A
|
0.42
+950%
|
0.29
-31%
|
0.29
N/A
|
0.45
+55%
|
0.85
+89%
|
0.25
-71%
|
0.43
+72%
|
0.52
+21%
|
0.96
+85%
|
1.86
+94%
|
1.64
-12%
|
1.37
-16%
|
0.53
-61%
|
0.21
-60%
|
-0.04
N/A
|
-0.37
-825%
|
-0.11
+70%
|
-3.94
-3 482%
|
-4.11
-4%
|
-3.8
+8%
|
-3.95
-4%
|
1.17
N/A
|
1.62
+38%
|
1.85
+14%
|
2.3
+24%
|
1.35
-41%
|
2.9
+115%
|
3.46
+19%
|
3.87
+12%
|
4.24
+10%
|
3.02
-29%
|
3.06
+1%
|
3.05
0%
|
2.97
-3%
|