Modiv Industrial, Inc. (MDV)

NYSE: MDV · Real-Time Price · USD

17.32

-0.20 (-1.14%)

At close: Jul 31, 2026, 4:00 PM EDT

17.33

+0.01 (0.06%)

After-hours: Jul 31, 2026, 7:34 PM EDT

Modiv Industrial Financials Overview

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	46.3	46.39	46.76	47.23	43.82	37.89
Revenue Growth	-0.63%	-0.80%	-1.00%	7.79%	15.66%	-1.94%
Gross Profit	42.78	42.93	43.15	42.07	37.27	31.01
Operating Income	15.29	15.82	21.98	2.61	4.93	-1.53
Net Income	-3	-2.13	2.33	-10.3	-6.98	-1.5
Earnings Per Share	-0.26	-0.31	0.25	-1.36	-0.93	-0.20
EPS Growth	-	-	-	-	-	-

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	4.48	14.38	11.53	3.13	8.61	55.97
Total Debt	273.42	261.48	279.78	279.54	195.45	355.87
Net Cash (Debt)	-268.95	-247.1	-268.25	-276.41	-186.85	-299.9
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-23.54	-21.16	-23.97	-30.42	-24.91	-39.75

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	16.02	14.97	18.24	16.58	16.65	9.73
Capital Expenditures	-10.2	-0.85	-7.03	-127.53	-131.5	-16.52
Free Cash Flow	5.82	14.12	11.21	-110.95	-114.85	-6.79
Free Cash Flow Growth	-64.69%	25.91%	-	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	92.40%	92.54%	92.27%	89.07%	85.06%	81.84%
Operating Margin	33.02%	34.10%	47.01%	5.53%	11.24%	-4.05%
Pretax Margin	-1.23%	1.19%	13.89%	-18.41%	-10.29%	-1.15%
Profit Margin	-1.23%	1.19%	13.89%	-18.41%	-10.29%	-1.15%
FCF Margin	12.57%	30.43%	23.98%	-234.89%	-262.08%	-17.92%

Dividends

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 2, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Dividend Per Share	1.200	1.170	1.150	1.150	1.150	1.075
Dividend Per Share Growth	10.83%	1.74%	0.00%	0%	6.95%	-26.36%
Dividend Yield	6.93%	8.61%	7.55%	6.53%	7.05%	-

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 2, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	-	-	59.52	-	-	-
P/FCF Ratio	-	10.50	13.19	-	-	-
PS Ratio	4.39	3.20	3.16	2.24	1.90	-