Modine Reports 12% Rise in Quarterly Net Sales to $738.9 Million

Reuters
Oct 29, 2025
Modine Reports 12% Rise in Quarterly Net Sales to $738.9 Million

Modine Manufacturing Company reported net sales of $738.9 million for the quarter ended September 30, 2025, an increase of 12 percent compared to the prior year. Net earnings for the quarter totaled $44.8 million, a decrease of $1.6 million, or 3 percent, from the previous year. Adjusted EBITDA was $103.8 million, up 4 percent from the prior year. Adjusted earnings per share rose $0.09, or 9 percent, from the prior year to $1.06. For fiscal 2026, Modine updated its outlook to project net sales growth between 15 percent and 20 percent and an adjusted EBITDA range of $440 million to $470 million.

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