Modine Historical Income Statement

MOD Stock  USD 140.49  0.00  0.00%   
Historical analysis of Modine Manufacturing income statement accounts such as Gross Profit of 287.6 M can show how well Modine Manufacturing performed in making a profits. Evaluating Modine Manufacturing income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Modine Manufacturing's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Modine Manufacturing latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Modine Manufacturing is a good buy for the upcoming year.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Modine Manufacturing. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For information on how to trade Modine Stock refer to our How to Trade Modine Stock guide.

About Modine Income Statement Analysis

Modine Manufacturing Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Modine Manufacturing shareholders. The income statement also shows Modine investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Modine Manufacturing Income Statement Chart

At present, Modine Manufacturing's Operating Income is projected to increase significantly based on the last few years of reporting. The current year's EBIT is expected to grow to about 263.2 M, whereas Total Revenue is forecasted to decline to about 1.4 B.

Total Revenue

Total revenue comprises all receipts Modine Manufacturing generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Modine Manufacturing minus its cost of goods sold. It is profit before Modine Manufacturing operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Modine Manufacturing. It is also known as Modine Manufacturing overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Cost Of Revenue

Cost of Revenue is found on Modine Manufacturing income statement and represents the costs associated with goods and services Modine Manufacturing provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Modine Manufacturing income statement and is an important metric when analyzing Modine Manufacturing profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Most accounts from Modine Manufacturing's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Modine Manufacturing current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Modine Manufacturing. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For information on how to trade Modine Stock refer to our How to Trade Modine Stock guide.At present, Modine Manufacturing's Operating Income is projected to increase significantly based on the last few years of reporting. The current year's EBIT is expected to grow to about 263.2 M, whereas Total Revenue is forecasted to decline to about 1.4 B.
 2021 2022 2023 2024 (projected)
Gross Profit309.3M389.4M539.4M287.6M
Total Revenue2.1B2.3B2.4B1.4B

Modine Manufacturing income statement Correlations

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-0.160.20.190.370.150.580.870.830.150.20.890.031.0-0.420.31-0.050.10.52-0.22-0.78-0.81-0.49-0.380.02-0.09
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0.06-0.42-0.03-0.310.01-0.81-0.75-0.730.04-0.23-0.720.17-0.49-0.36-0.370.07-0.12-0.95-0.490.140.460.18-0.420.090.18
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Modine Manufacturing Account Relationship Matchups

Modine Manufacturing income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization77.1M68.6M54.8M54.5M56.1M54.4M
Interest Expense22.7M19.4M15.6M20.7M24.1M25.3M
Total Revenue2.0B1.8B2.1B2.3B2.4B1.4B
Gross Profit307.5M293.4M309.3M389.4M539.4M287.6M
Other Operating Expenses1.9B1.7B2.0B2.1B2.2B1.3B
Operating Income53.1M80.3M92.1M150.4M240.7M252.7M
Ebit53.1M(99.9M)93M153.5M250.7M263.2M
Ebitda130.2M(31.3M)147.8M208M306.8M322.1M
Cost Of Revenue1.7B1.5B1.7B1.9B1.9B1.1B
Total Operating Expenses249.6M210.9M215.1M234M284.9M212.8M
Income Before Tax10.4M(119.3M)101.5M125.3M214.6M225.3M
Net Income(2M)(209.5M)85.2M153.1M161.5M169.6M
Income Tax Expense12.4M90.2M15.2M(28.3M)51.2M53.8M
Selling General Administrative249.6M210.9M216.2M236M277.2M231.2M
Research Development59.5M46.3M50.3M44M42M60.1M
Net Income Applicable To Common Shares(2.2M)(210.7M)85.2M153.1M137.8M144.7M
Net Income From Continuing Ops(2M)(209.5M)86.3M153.6M163.4M171.6M
Non Operating Income Net Other(4.8M)(2.2M)(2.1M)(4.4M)(4.0M)(3.8M)
Minority Interest1.1M200K7.4M(500K)(1.9M)(1.8M)
Non Recurring20.8M180.2M(31.6M)5M5.8M5.5M
Tax Provision12.4M90.2M15.2M(28.3M)51.2M53.8M
Net Interest Income(22.3M)(19.4M)(15.2M)(20.7M)(19.8M)(20.8M)
Reconciled Depreciation77.1M68.6M54.8M54.5M56.1M53.1M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Modine Manufacturing is a strong investment it is important to analyze Modine Manufacturing's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Modine Manufacturing's future performance. For an informed investment choice regarding Modine Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Modine Manufacturing. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For information on how to trade Modine Stock refer to our How to Trade Modine Stock guide.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Is Automotive Parts & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Modine Manufacturing. If investors know Modine will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Modine Manufacturing listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.01)
Earnings Share
3.05
Revenue Per Share
47.367
Quarterly Revenue Growth
0.06
Return On Assets
0.0984
The market value of Modine Manufacturing is measured differently than its book value, which is the value of Modine that is recorded on the company's balance sheet. Investors also form their own opinion of Modine Manufacturing's value that differs from its market value or its book value, called intrinsic value, which is Modine Manufacturing's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Modine Manufacturing's market value can be influenced by many factors that don't directly affect Modine Manufacturing's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Modine Manufacturing's value and its price as these two are different measures arrived at by different means. Investors typically determine if Modine Manufacturing is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Modine Manufacturing's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.