Modine Manufacturing Co cash flow statement

In fiscal 2026, Modine Manufacturing Co's operations generated $249m of cash; it spent $143m on capital projects, leaving free cash flow of $105m. It returned $7.0m through buybacks.

Cash flow statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Modine Manufacturing Co: cash flow statement, annual
Fiscal year	2010Mar 2010	2011Mar 2011	2012Mar 2012	2013Mar 2013	2014Mar 2014	2015Mar 2015	2016Mar 2016	2017Mar 2017	2018Mar 2018	2019Mar 2019	2020Mar 2020	2021Mar 2021	2022Mar 2022	2023Mar 2023	2024Mar 2024	2025Mar 2025	2026Mar 2026	LTMJun 2026
Cash from operations	62	21	46	49	105	64	72	42	124	103	58	150	12	108	215	213	249	262
Depreciation and amortisation	65	57	58	56	58	52	50	58	77	77	77	69	55	55	56	78	80	81
Stock-based pay	3	4	2	3	4	4	5	7	10	8	7	6	6	7	11	26	22	25
Capital spending	60	55	64	50	53	58	63	64	71	74	71	33	40	51	88	84	143	162
Free cash flow	2	−34	−19	−1	51	5	10	−23	53	29	−13	117	−29	57	127	129	105	100
Free cash flow after stock pay	−1	−38	−20	−4	48	1	5	−30	44	22	−20	111	−35	50	116	103	83	75
Share buybacks	0	0	1	—	0	0	7	0	0	1	2	0	0	9	18	31	7	67
Shares issued	93	0	0	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

US$ millions unless shown otherwise. Fiscal quarters.

Modine Manufacturing Co: cash flow statement, quarterly
Quarter	2025 Q2Sept 2024	2025 Q3Dec 2024	2025 Q4Mar 2025	2026 Q1Jun 2025	2026 Q2Sept 2025	2026 Q3Dec 2025	2026 Q4Mar 2026	2027 Q1Jun 2026
Cash from operations	57	61	55	28	1	25	195	41
Depreciation and amortisation	20	19	19	19	20	20	21	21
Stock-based pay	6	7	10	5	2	7	8	8
Capital spending	14	16	28	28	32	42	42	46
Free cash flow	44	45	27	0	−31	−17	153	−5
Free cash flow after stock pay	38	38	17	−5	−33	−24	145	−13

Free cash flow is cash from operations minus capital spending. Free cash flow after stock pay also subtracts stock-based compensation, a real cost to shareholders that the cash flow statement adds back. Dividends, buybacks and shares issued are cash amounts for the period.

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Figures from Modine Manufacturing Co's SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Modine Manufacturing Co.