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Modiv Industrial, Inc.(MDV)Earnings, Financials & Key Ratios
MDV•NYSE•REIT / Real Estate
$17.64
Price updated Jun 27, 2026
AboutModiv Inc., (the Company) was incorporated on May 14, 2015 as a Maryland corporation. The Company was formed to primarily invest, directly or indirectly, in real estate owning entities which own single-tenant income-producing properties located in the United States, which are leased to creditworthy tenants under long-term net leases. The Company's goal is to generate current income for investors and long-term capital appreciation in the value of its properties.Show more
- Revenue$46M-0.8%
- FFO$16M-28.6%
- FFO/Share1.38-31.6%
- FFO Payout77.81%+377.2%
- FFO per Share1.38-31.6%
- NOI Margin27.49%-70.2%
- FFO Margin34.83%-28.0%
- ROE0.51%-81.3%
- ROA0.22%-81.3%
MDV Price & Volume
Modiv Industrial, Inc. (MDV) stock price & volume — 10-year historical chart
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Portfolio Transition Strains Modiv Industrial Earnings Quality
Investment Thesis • Updated 2026Q1
VerdictNeutral
Growth:Contracting
Profitability:Strained
Financial Position:Adequate
Cash Flow:Mixed
Primary Risk:Portfolio transition execution risk
"Modiv Industrial is currently navigating a complex portfolio pivot that has resulted in stagnant revenue growth, evidenced by a 0.8% year-over-year decline in 2026Q1. While the company maintains a disciplined debt-to-equity ratio between 1.23 and 1.42, the volatility in FFO per share—which dropped from $0.69 in 2024Q1 to $0.30 in 2026Q1—suggests significant execution risk. Investors should monitor the sustainability of the dividend, as the payout ratio relative to AFFO has shown extreme variability, including a concerning 2.53x peak in 2025Q2."
Verdict Logic
the company's dividend sustainability is highly uncertain given the 2.53x AFFO payout ratio observed in 2025Q2 and the ongoing volatility in FFO per share.
MDV Growth Metrics
Modiv Industrial, Inc. (MDV) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years3.56%
3 Years1.91%
TTM-0.62%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-95.13%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-240%
Return on Capital
10 Years2.11%
5 Years2.96%
3 Years4.59%
Last Year4.37%
MDV Recent Earnings
Modiv Industrial, Inc. (MDV) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 3/12 qtrs (27%)●Beat Revenue 7/12 qtrs (58%)
Q2 2026Latest
May 8, 2026Metric
Actual
Est
EPS
$0.11-375.0%
$0.04
Rev
$12M+1.1%
$12M
Q2 2026
May 6, 2026Metric
Actual
Est
EPS
—
$0.01
Rev
$12M+2.4%
$11M
Q2 2026
Mar 25, 2026Metric
Actual
Est
EPS
$0.02-94.6%
$0.37
Rev
$11M-2.4%
$11M
Q4 2025
Nov 14, 2025Metric
Actual
Est
EPS
$0.36+5.9%
$0.34
Rev
$12M+4.9%
$11M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 8, 2026 | $0.11vs $0.04-375.0% | $12Mvs $12M+1.1% |
| Q2 2026 | May 6, 2026 | —vs $0.01 | $12Mvs $11M+2.4% |
| Q2 2026 | Mar 25, 2026 | $0.02vs $0.37-94.6% | $11Mvs $11M-2.4% |
| Q4 2025 | Nov 14, 2025 | $0.36vs $0.34+5.9% | $12Mvs $11M+4.9% |
Based on last 12 quarters of dataView full earnings history →
Peers Comparison
Key metrics vs top competitors for Modiv Industrial, Inc. (MDV)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $17.64 | $182.11M | -56.90 | -0.8% | 2.3% | 0.51% | 6.1% | |
| $62.93 | $1.8B | 16.01 | -13.8% | 45.58% | 6.41% | — | |
| $39.42 | $7.54B | 27.00 | 10.14% | 28.26% | 6.8% | — | |
| $21.98 | $979.23M | 7.11 | -0.75% | 48.46% | 15.86% | — | |
| $9.28 | $618.66M | -9.28 | 1.48% | -11.93% | -5.93% | — | |
| $0.17 | $947.64K | -0.09 | -0.23% | -102.07% | -35.41% | — |
Compare MDV vs Peers
Modiv Industrial, Inc. (MDV) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
MDV SEC Filings & Documents
Modiv Industrial, Inc. (MDV) SEC filings — annual & quarterly reports (10-K, 10-Q)
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MDV Frequently Asked Questions
Modiv Industrial, Inc. (MDV) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is Modiv Industrial, Inc.'s revenue?
Modiv Industrial, Inc. (MDV) reported $46.3M in revenue for fiscal year 2025.
How fast is Modiv Industrial, Inc. growing?
Modiv Industrial, Inc. (MDV) saw revenue decline by 0.8% over the past year.
Is MDV profitable?
Yes, Modiv Industrial, Inc. (MDV) is profitable, generating $0.2M in net income for fiscal year 2025 (2.3% net margin).
Dividend & Returns
Does MDV pay dividends?
Yes, Modiv Industrial, Inc. (MDV) pays a dividend with a yield of 6.10%. This makes it attractive for income-focused investors.
What is MDV's return on equity?
Modiv Industrial, Inc. (MDV) has a return on equity (ROE) of 0.5%. This is below average, suggesting room for improvement.
Industry Metrics
What is Modiv Industrial, Inc.'s FFO?
Modiv Industrial, Inc. (MDV) generated Funds From Operations (FFO) of $15.1M in the trailing twelve months. FFO is the primary profitability metric for REITs.
Is MDV a good dividend stock?
Modiv Industrial, Inc. (MDV) offers a 6.10% dividend yield, which is attractive for income investors. REITs are required to distribute at least 90% of taxable income to shareholders.