earnings
confidence high
sentiment positive
materiality 0.75
Modine Q4 adj EPS $0.77 (+15% YoY); FY2025 outlook adj EBITDA $365-385M
MODINE MANUFACTURING CO
2024-FY EPS reported
$3.03
revenue$2,407,800,000
- Q4 net sales $603.5M (-2% YoY), adjusted EBITDA $78.8M (+20% YoY), adjusted EPS $0.77 (vs $0.67 prior year).
- FY2024 net sales $2.4B (+5%), adjusted EBITDA $314.3M (+48%), adjusted EPS $3.25 (+67% YoY).
- Data center revenue grew 69% YoY; Performance Technologies gross margin improved 600 bps to 20% in Q4.
- FY2025 outlook: net sales +5-10%, adjusted EBITDA $365-385M, adjusted EPS $3.55-3.85.
- Free cash flow $126.9M in FY2024, up $70.1M YoY; total debt $431.6M, net debt $371.5M.