Modiv Industrial (MDV-PA) Operating Margin (2019 - 2026)
Modiv Industrial (MDV-PA) posted Operating Margin of 35.92% for Q1 2026, down 21.61% sequentially from 45.83% in Q4 2025, and down 424.0% YoY from 11.09% in Q1 2025.
Modiv Industrial (MDV-PA) Operating Margin (2019 - 2026) Analysis & Trends
Modiv Industrial has reported Operating Margin for 7 years, with the latest figure at 35.92% in Q1 2026.
- Quarterly Operating Margin fell 424.0% year-over-year to 35.92% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 33.02% (down 1003.0% YoY) and the FY2025 annual result came in at 34.1%, down 1290.0% from the prior year.
- Operating Margin eased to 35.92% in Q1 2026 per MDV-PA's latest filing, from 45.83% in the prior quarter.
- Over five years, Operating Margin peaked at 55.64% in Q1 2024 and troughed at 37.54% in Q3 2023.
- A 4-year average of 29.45% and a median of 40.16% in 2025 frame the typical range for Operating Margin.
- The sharpest annual moves came in 2024 and 2025: Operating Margin soared 7958 bps in 2024, then sank 3479 bps in 2025.
- Over 4 years, Operating Margin stood at 30.98% in 2023, then jumped by 47 bps to 45.44% in 2024, then grew by 1 bps to 45.83% in 2025, then decreased by 22 bps to 35.92% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 35.92%, 45.83%, and 41.45% for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Prologis | 131.96 Bn | 131.96 Bn | 2.41 Bn | 51.59% |
| 2 | Public Storage | 56.63 Bn | 56.37 Bn | 1.20 Bn | 37.85% |
| 3 | Extra Space Storage | 30.94 Bn | 30.94 Bn | 642.43 Mn | 44.86% |
| 4 | Eastgroup Properties | 10.77 Bn | 10.77 Bn | 193.10 Mn | 40.64% |
| 5 | Lineage | 9.48 Bn | 9.42 Bn | 425.00 Mn | 3.97% |
| 6 | CubeSmart | 9.27 Bn | 9.27 Bn | 190.47 Mn | 7.46% |
| 7 | Rexford Industrial Realty | 8.33 Bn | 8.33 Bn | - | - |
| 8 | Terreno Realty | 7.24 Bn | 7.24 Bn | - | - |
| 9 | STAG Industrial | 7.00 Bn | 7.00 Bn | - | - |
| 10 | Modiv Industrial | 259.85 Mn | 298.71 Mn | - | 85.34% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 85.34% |
| Mar 31, 2026 | 35.92% |
| Dec 31, 2025 | 45.83% |
| Sep 30, 2025 | 41.45% |
| Jun 30, 2025 | 9.85% |
| Mar 31, 2025 | 40.16% |
| Dec 31, 2024 | 45.44% |
| Sep 30, 2024 | 42.03% |
| Jun 30, 2024 | 44.64% |
| Mar 31, 2024 | 55.64% |
| Dec 31, 2023 | 30.98% |
| Sep 30, 2023 | -37.54% |
| Jun 30, 2023 | 34.95% |
| Mar 31, 2023 | -6.45% |
| Dec 31, 2021 | -24.74% |
| Sep 30, 2021 | 34.01% |
| Jun 30, 2021 | -12.46% |
| Mar 31, 2021 | -17.47% |
| Dec 31, 2020 | 27.96% |
| Sep 30, 2020 | 0.19% |