Modiv Industrial (MDV) Free Cash Flow (2016 - 2026)
Modiv Industrial's Free Cash Flow came in at $3.09 million for Q2 2026, down 20.8% from $3.9 million a year earlier and down 22.1% from the prior quarter.
Modiv Industrial (MDV) Free Cash Flow (2016 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Modiv Industrial reported Free Cash Flow of $14.64 million, down 7.2% year-over-year; for FY2025, it came in at $14.46 million, down 11.8% from FY2024.
- Free Cash Flow carries a five-year compound annual growth rate of 24.1% (FY2020 to FY2025).
- Going back by year, Free Cash Flow was $16.39 million in FY2024 (+38.6%), $11.83 million in FY2023 (-3.8%), $12.29 million in FY2022 (+46.8%) and $8.37 million in FY2021 (+70.7%).
- The Q2 2026 figure represents the lowest quarterly Free Cash Flow since Q1 2025.
- Year-over-year, Free Cash Flow increased in three of the last eight quarters, with an average decline of 3.6%.
- The fastest year-over-year change in Free Cash Flow over five years came in Q3 2021 (growth of 649.8%), and the weakest in Q4 2025 (a decline of 34.7%).
- Business Quant data shows MDV's Free Cash Flow at $3.96 million (Q1 2026), $3.47 million (Q4 2025) and $4.12 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 166.01 Bn | 148.52 Bn | 1.39 Bn | 684.33 Mn |
| 2 | Prologis | 121.16 Bn | 125.55 Bn | - | - |
| 3 | Simon Property | 65.49 Bn | 66.75 Bn | - | 948.84 Mn |
| 4 | Realty Income | 51.38 Bn | 53.76 Bn | - | 1.09 Bn |
| 5 | Public Storage | 49.67 Bn | 48.75 Bn | - | 812.42 Mn |
| 6 | Ventas | 43.61 Bn | 42.81 Bn | - | 454.72 Mn |
| 7 | Extra Space Storage | 27.79 Bn | 27.79 Bn | 642.43 Mn | 554.66 Mn |
| 8 | Vici Properties | 25.29 Bn | 23.41 Bn | 1.05 Bn | 706.49 Mn |
| 9 | Vivmark Residential | 22.78 Bn | 22.97 Bn | - | - |
| 10 | Modiv Industrial | 186.34 Mn | 225.21 Mn | - | 3.09 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.09 Mn |
| Mar 31, 2026 | 3.96 Mn |
| Dec 31, 2025 | 3.47 Mn |
| Sep 30, 2025 | 4.12 Mn |
| Jun 30, 2025 | 3.90 Mn |
| Mar 31, 2025 | 2.97 Mn |
| Dec 31, 2024 | 5.32 Mn |
| Sep 30, 2024 | 3.59 Mn |
| Jun 30, 2024 | 4.60 Mn |
| Mar 31, 2024 | 2.89 Mn |
| Dec 31, 2023 | 5.37 Mn |
| Sep 30, 2023 | 3.92 Mn |
| Jun 30, 2023 | 4.50 Mn |
| Mar 31, 2023 | 2.78 Mn |
| Dec 31, 2022 | 7.32 Mn |
| Sep 30, 2022 | 4.25 Mn |
| Jun 30, 2022 | 6.16 Mn |
| Mar 31, 2022 | -1.08 Mn |
| Dec 31, 2021 | 3.42 Mn |
| Sep 30, 2021 | 3.23 Mn |
Modiv Industrial Free Cash Flow API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=free-cash-flow&ticker=MDV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "ticker": "MDV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=free-cash-flow&ticker=MDV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();