v3.26.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Mar. 31, 2024
CONSOLIDATED STATEMENTS OF OPERATIONS      
Net sales $ 3,181.1 $ 2,583.5 $ 2,407.8
Cost of sales 2,450.0 1,939.7 1,882.2
Gross profit 731.1 643.8 525.6
Selling, general and administrative expenses 360.1 332.1 273.9
Restructuring expenses 20.6 28.2 15.0
Impairment charge 4.1 0.0 0.0
Loss (gain) on sale of assets 3.9 0.0 (4.0)
Operating income 342.4 283.5 240.7
Interest expense (31.6) (26.4) (24.1)
Pension termination charge (116.1) 0.0 0.0
Other expense - net (8.2) (3.1) (2.0)
Earnings before income taxes 186.5 254.0 214.6
Provision for income taxes (63.2) (68.5) (51.2)
Net earnings 123.3 185.5 163.4
Net earnings attributable to noncontrolling interest (1.8) (1.5) (1.9)
Net earnings attributable to Modine $ 121.5 $ 184.0 $ 161.5
Net earnings per share attributable to Modine shareholders:      
Basic (in dollars per share) $ 2.3 $ 3.5 $ 3.08
Diluted (in dollars per share) $ 2.26 $ 3.42 $ 3.03
Weighted-average shares outstanding:      
Basic (in shares) 52.8 52.6 52.4
Diluted (in shares) 53.8 53.9 53.4