Modiv Industrial (MDV) Non Operating Interest Expenses (2016 - 2026)
Modiv Industrial (MDV) posted Non Operating Interest Expenses of $3.4 million for Q2 2026, down 15.5% from $4.02 million a year earlier and down 25.6% from the prior quarter.
Modiv Industrial (MDV) Non Operating Interest Expenses (2016 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Non Operating Interest Expenses at Modiv Industrial was $16.81 million, down 6.0% year-over-year; for FY2025, it came in at $16.92 million, up 4.3% from FY2024.
- Annual Non Operating Interest Expenses has increased for four consecutive years, with a five-year compound annual growth rate of 8.1% (FY2020 to FY2025).
- In prior years, Modiv Industrial's Non Operating 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 stands as the lowest quarterly Non Operating Interest Expenses since Q1 2024.
- On a year-over-year basis, Non Operating Interest Expenses increased in four of the last eight quarters, with growth averaging 16.0%.
- The strongest year-over-year quarter for Non Operating Interest Expenses in the past five years was Q1 2023, with growth of 156.3%; the weakest was Q4 2024, with a decline of 47.4%.
- According to Business Quant data, Non Operating Interest Expenses for the three prior quarters 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) | Non Operating Interest Expenses (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 | - | - |
| 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 Non Operating 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=non-operating-interest-expenses&ticker=MDV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-operating-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=non-operating-interest-expenses&ticker=MDV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();