Modine Q4 revenue rises 47% on Climate Solutions segment growth

Modine Manufacturing

26/05/2026 21:25

Overview
U.S. thermal management firm's Q4 revenue rose 47%, beating analyst expectations
Adjusted EPS for Q4 beat consensus, up 53% year-over-year
Adjusted EBITDA for Q4 exceeded analyst estimates

Outlook
Modine sees fiscal 2027 net sales growth between 20% and 35%
Company expects fiscal 2027 adjusted EBITDA of $650 mln to $680 mln
Modine anticipates continued strong demand in Data Centers business for fiscal 2027

Result Drivers
DATA CENTER DEMAND - Q4 sales growth was driven primarily by strong demand from data center customers in the Climate Solutions segment
ACQUISITIONS - Incremental sales from acquired businesses contributed to Climate Solutions segment growth
HIGHER COSTS - Gross margin declined due to temporary costs from capacity expansion for data center products, increased tariffs, and higher material costs

Company press release: ID:nPnb1QDH7a

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$954.40 mln
$920.67 mln (8 Analysts)
Q4 Adjusted EPS
Beat
$1.71
$1.55 (8 Analysts)
Q4 EPS
 
$1.36
 
Q4 Net Income
 
$73.60 mln
 
Q4 Adjusted EBITDA
Beat
$146.10 mln
$144.008 mln (9 Analysts)
Q4 Gross Profit
 
$214.70 mln
 
Q4 Operating Income
 
$103.90 mln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the auto, truck & motorcycle parts peer group is "buy"
Wall Street's median 12-month price target for Modine Manufacturing Co is $264.00, about 1.3% above its May 22 closing price of $260.52
The stock recently traded at 35 times the next 12-month earnings vs. a P/E of 29 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)