MODINE MANUFACTURING CO

Motor Vehicle Parts & Accessories·RACINE, WI·FY end 03/31·CIK 67347

CEO Pay Ratio

—

Neil Brinker

CEO Total Comp

$12.7M

Neil Brinker

Median Employee

—

Revenue

$2.6B

FY 2025

Net Income

$184.0M

FY 2025

Free Cash Flow

$129.3M

FY 2025

Net Margin

7.1%

Insider Net (180d)

-$12.6M

0 buys / 11 sales

CEO Pay Accountability

CEO comp as % of net income

6.91%

For every $1,000 of profit, $69.06 flows to the CEO.

CEO comp as % of buybacks

41.12%

CEO comp equals 411.2‰ of cash returned to shareholders via buybacks.

5-year history · USD

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	Trend
Revenue	$2.6B	$2.4B	$2.3B	$2.1B	$1.8B
Gross Profit	$643.8M	$525.6M	$389.4M	$309.3M	$293.4M
Operating Income	$283.5M	$240.7M	$150.4M	$119.2M	-$97.7M
Net Income	$184.0M	$161.5M	$153.1M	$85.2M	-$210.7M
Operating CF	$213.3M	$214.6M	$107.5M	$11.5M	$149.8M
Capex	$84.0M	$87.7M	$50.7M	$40.3M	$32.7M
Free Cash Flow	$129.3M	$126.9M	$56.8M	-$28.8M	$117.1M
Buybacks	$30.9M	$13.3M	$7.3M	$0	$0
Dividends	—	—	—	—	—	—

Gross Margin	24.9%	21.8%	16.9%	15.1%	16.2%
Operating Margin	11.0%	10.0%	6.5%	5.8%	-5.4%
Net Margin	7.1%	6.7%	6.7%	4.2%	-11.7%
FCF Margin	5.0%	5.3%	2.5%	-1.4%	6.5%
R&D / Revenue	1.4%	1.7%	1.9%	2.5%	2.6%
Effective Tax	27.0%	23.9%	-22.6%	—	—
Debt / Equity	—	—	—	—	—	—
Buybacks / FCF	23.9%	10.5%	12.9%	0.0%	0.0%

FY 2025

Executive	Salary	Stock	Options	Bonus / Inc.	Other	Total
Neil D. Brinker	$1.1M	$5.2M	—	$6.4M	$56.5K	$12.7M
Neil BrinkerCEO	—	—	—	—	—	$12.7M
Michael B. Lucareli	$666.9K	$2.2M	—	$2.3M	$40.7K	$5.2M
Adrian I. PeaceTechnologies	$529.2K	$1.6M	$521.5K	$1.2M	$911.7K	$4.7M
Eric S. McGinnis	$529.2K	$1.4M	—	$1.4M	$26.6K	$3.4M
Brian J. AgenOfficer	$444.5K	$1.1M	—	$1.1M	$28.0K	$2.7M
Erin J. Roth	$465.6K	$1.1M	—	$812.7K	$23.2K	$2.4M
Brian Agen	—	—	—	—	—	—
Eric McGinnis	—	—	—	—	—	—
Adrian Peace	—	—	—	—	—	—
Erin Roth	—	—	—	—	—	—
Michael LucareliCFO	—	—	—	—	—	—