Modine Reports Record Q4 & FY26 Results, Strong FY27 Outlook, and Confirms $4B Data Center Contract
MOD has more than doubled off its 52-week low of $86.485 on elevated volume (3.4× avg).
Summary
Modine Manufacturing announced record Q4 and full-year results, beating EPS estimates, and issued strong fiscal 2027 guidance, including confirmation of a $4 billion data center cooling contract.
Key Events · Earnings and Guidance · MOD
-
Record Q4 & Full-Year Fiscal 2026 Results
Reported record net sales of $954.4 million (up 47%) and adjusted EPS of $1.71 (up 53%) for Q4, significantly beating analyst estimates of $1.55. Full-year net sales reached $3.2 billion and adjusted EPS was $5.02, both record highs.
-
Strong Fiscal 2027 Outlook
Projected net sales growth of 20-35% and adjusted EBITDA growth of 38-44% for fiscal 2027. The high-growth Data Centers segment is expected to lead with 60-80% sales growth.
-
Landmark $4 Billion Data Center Contract Confirmed
Confirmed a multi-year agreement to supply over $4 billion in data center cooling products from 2027-2029 to a major hyperscale customer, cementing its market position.
-
Strategic Transformation Progress
Highlighted the completion of three acquisitions, significant capacity expansion for data center products, and ongoing preparations for the pending spin-off of the Performance Technologies business.
Analysis · MOD · Manufacturing
Modine Manufacturing reported record fourth-quarter and full-year fiscal 2026 results, significantly beating analyst expectations for adjusted EPS. The company also provided a very strong outlook for fiscal 2027, projecting substantial sales and adjusted EBITDA growth, driven by its Data Centers segment. Crucially, the filing confirms a landmark $4 billion long-term agreement to supply data center cooling equipment, solidifying its position as a critical partner in a high-growth market. This comprehensive positive update underscores the company's successful strategic transformation and robust future prospects.
At the time of this filing, MOD was trading at $293.26 on NYSE in the Manufacturing sector, with a market capitalization of approximately $15.6B. The 52-week trading range was $86.48 to $323.25. This filing was assessed with positive market sentiment and an importance score of 9 out of 10.