Company / R&D Expense
MODINE MANUFACTURING CO R&D Expense History
FY2017-FY2026 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$42.0M
FY2026
5-year range
$34.9M / $59.5M
FY2022-FY2026
Trend
-4.5%
vs FY2025
Sector context
#39 of 54
Consumer Discretionary
What the data says
At $42M, MODINE MANUFACTURING CO's r&d expense ranks #39 of 54 in the Consumer Discretionary sector. R&D Expense has fluctuated over the past 10 years, ranging from $35M in FY2024 to $70M in FY2021.
Based on SEC 10-K filings.
$42M in FY2026 with a 5-year CAGR of -9.7%.
Improved from $35M to $42M over the past 2 years.
Consumer Discretionary sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- -3.2%
- 5-Year CAGR
- -9.7%
- 10-Year CAGR
- -
Sector benchmark
#39 of 54 in Consumer DiscretionaryTop 72% of 54This company $42.0M Sector average $618.8M
▼
-93.2% below sector average
Key checks
Key Insights
- 5-year CAGR of -9.7%, indicating a declining trend.
- In FY2026, r&d expense decreased 4.5% year-over-year.
- Ranks #39 out of 54 companies in the Consumer Discretionary sector.
- Peak r&d expense was recorded in FY2021.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2026 | $42.0M | -4.5% |
| FY2025 | $44.0M | +26.1% |
| FY2024 | $34.9M | -24.6% |
| FY2023 | $46.3M | -22.2% |
| FY2022 | $59.5M | -14.8% |
| FY2021 | $69.8M | +6.1% |
| FY2020 | $65.8M | +2.2% |
| FY2019 | $64.4M | +5.4% |
| FY2018 | $61.1M | -7.1% |
| FY2017 | $65.8M | +2.2% |
As of FY2026 · SEC 10-K · Updated Jun 30, 2026