Modiv Industrial (MDV) Net Margin (2016 - 2026)
Modiv Industrial's Net Margin was 39.35% in Q2 2026, up 63.17 percentage points from -23.81% a year earlier and up 46.72 percentage points from the prior quarter.
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Analysis
Modiv Industrial (MDV) Net Margin (2016 - 2026) Analysis & Trends
On a trailing twelve-month basis, Modiv Industrial's Net Margin was 9.58% through Jun 30, 2026, up 17.43 percentage points year-over-year; for FY2025, it was -4.60%, down 9.58 percentage points from FY2024.
- Net Margin shows a five-year change of +122.58 percentage points (FY2020 to FY2025).
- In earlier years, Net Margin was 4.98% in FY2024 (+26.79 pp), -21.81% in FY2023 (-6.70 pp), -15.11% in FY2022 (-11.15 pp) and -3.96% in FY2021 (+123.22 pp).
- The Q2 2026 figure marks the highest quarterly Net Margin in data going back to Q2 2016.
- Compared with a year earlier, Net Margin was higher in four of the last eight quarters, with an average year-over-year change of +10.05 percentage points.
- The best year-over-year quarter for Net Margin over five years was Q1 2024 (a gain of 68.56 percentage points); the worst was Q4 2021 (a drop of 66.87 percentage points).
- Per Business Quant data, MDV's Net Margin in the three quarters before Q2 2026 was -7.37% (Q1 2026), 3.87% (Q4 2025) and 2.16% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 167.90 Bn | 150.42 Bn | 1.39 Bn | 12.55% |
| 2 | Prologis | 123.74 Bn | 128.13 Bn | - | 43.74% |
| 3 | Simon Property | 66.68 Bn | 67.94 Bn | - | 170.16% |
| 4 | Realty Income | 52.20 Bn | 54.59 Bn | - | 22.22% |
| 5 | Public Storage | 50.15 Bn | 49.24 Bn | - | 36.52% |
| 6 | Ventas | 44.59 Bn | 43.78 Bn | - | 4.08% |
| 7 | Extra Space Storage | 28.21 Bn | 28.21 Bn | 642.43 Mn | 30.14% |
| 8 | Vici Properties | 25.53 Bn | 23.65 Bn | 1.05 Bn | 49.74% |
| 9 | Vivmark Residential | 23.00 Bn | 23.19 Bn | - | - |
| 10 | Modiv Industrial | 186.34 Mn | 225.21 Mn | - | 39.35% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 39.35% |
| Mar 31, 2026 | -7.37% |
| Dec 31, 2025 | 3.87% |
| Sep 30, 2025 | 2.16% |
| Jun 30, 2025 | -23.81% |
| Mar 31, 2025 | 0.02% |
| Dec 31, 2024 | 5.40% |
| Sep 30, 2024 | -12.95% |
| Jun 30, 2024 | 3.53% |
| Mar 31, 2024 | 23.41% |
| Dec 31, 2023 | -17.90% |
| Sep 30, 2023 | -51.39% |
| Jun 30, 2023 | 25.70% |
| Mar 31, 2023 | -45.14% |
| Dec 31, 2021 | -33.09% |
| Sep 30, 2021 | 34.00% |
| Jun 30, 2021 | -10.92% |
| Mar 31, 2021 | -10.00% |
| Dec 31, 2020 | 33.77% |
| Sep 30, 2020 | -11.13% |
API Access
Modiv Industrial Net Margin 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=net-margin&ticker=MDV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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=net-margin&ticker=MDV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();