Modiv Industrial (MDV) Interest Expenses (2016 - 2026)
Modiv Industrial's Interest Expenses was $3.4 million in Q2 2026, down 15.5% from $4.02 million a year earlier and down 25.6% from the prior quarter.
Modiv Industrial (MDV) Interest Expenses (2016 - 2026) Analysis & Trends
On a trailing twelve-month basis, Modiv Industrial's Interest Expenses was $16.81 million through Jun 30, 2026, down 6.0% year-over-year; for FY2025, it came in at $16.92 million, up 4.3% from FY2024.
- Interest Expenses has now increased for four consecutive years, with a five-year compound annual growth rate of 8.1% (FY2020 to FY2025).
- In earlier years, Interest Expenses was $16.22 million in FY2024 (+17.5%), $13.81 million in FY2023 (+70.3%), $8.11 million in FY2022 (+6.9%) and $7.59 million in FY2021 (-33.8%).
- The Q2 2026 figure marks the lowest quarterly Interest Expenses since Q1 2024.
- Compared with a year earlier, Interest Expenses was higher in four of the last eight quarters, with growth averaging 16.0%.
- The best year-over-year quarter for Interest Expenses over five years was Q1 2023 (growth of 156.3%); the worst was Q4 2024 (a decline of 47.4%).
- Per Business Quant data, MDV's Interest Expenses in the three quarters before Q2 2026 was $4.56 million (Q1 2026), $4.8 million (Q4 2025) and $4.05 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 166.01 Bn | 148.52 Bn | 1.39 Bn | - |
| 2 | Prologis | 121.16 Bn | 125.55 Bn | - | 276.31 Mn |
| 3 | Simon Property | 65.49 Bn | 66.75 Bn | - | 272.33 Mn |
| 4 | Realty Income | 51.38 Bn | 53.76 Bn | - | 312.08 Mn |
| 5 | Public Storage | 49.67 Bn | 48.75 Bn | - | 84.78 Mn |
| 6 | Ventas | 43.61 Bn | 42.81 Bn | - | 160.03 Mn |
| 7 | Extra Space Storage | 27.79 Bn | 27.79 Bn | 642.43 Mn | - |
| 8 | Vici Properties | 25.29 Bn | 23.41 Bn | 1.05 Bn | 209.93 Mn |
| 9 | Vivmark Residential | 22.78 Bn | 22.97 Bn | - | 82.46 Mn |
| 10 | Modiv Industrial | 186.34 Mn | 225.21 Mn | - | 3.40 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.40 Mn |
| Mar 31, 2026 | 4.56 Mn |
| Dec 31, 2025 | 4.80 Mn |
| Sep 30, 2025 | 4.05 Mn |
| Jun 30, 2025 | 4.02 Mn |
| Mar 31, 2025 | 4.05 Mn |
| Dec 31, 2024 | 3.71 Mn |
| Sep 30, 2024 | 6.10 Mn |
| Jun 30, 2024 | 4.10 Mn |
| Mar 31, 2024 | 2.31 Mn |
| Dec 31, 2023 | 7.05 Mn |
| Sep 30, 2023 | 2.92 Mn |
| Jun 30, 2023 | -179,931.00 |
| Mar 31, 2023 | 4.02 Mn |
| Dec 31, 2022 | 2.83 Mn |
| Sep 30, 2022 | 2.51 Mn |
| Jun 30, 2022 | 1.20 Mn |
| Mar 31, 2022 | 1.57 Mn |
| Dec 31, 2021 | 1.87 Mn |
| Sep 30, 2021 | 1.83 Mn |
Modiv Industrial Interest Expenses 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=interest-expenses&ticker=MDV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "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=interest-expenses&ticker=MDV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();