Modiv Industrial (MDV) Shares Outstanding (Entity) (2016 - 2026)
Modiv Industrial (MDV) posted Shares Outstanding (Entity) of 10.32 million for Q2 2026, up 1.6% from 10.16 million a year earlier and unchanged from the prior quarter.
Modiv Industrial (MDV) Shares Outstanding (Entity) (2016 - 2026) Analysis & Trends
Since Q2 2016, Modiv Industrial has reported Shares Outstanding (Entity) for 41 quarters.
- Annual Shares Outstanding (Entity) has increased for three consecutive years, with a five-year compound annual growth rate of 5.6% (FY2020 to FY2025).
- In prior years, Modiv Industrial's Shares Outstanding (Entity) was 9.97 million in FY2024 (+31.9%), 7.56 million in FY2023 (+0.2%), 7.55 million in FY2022 (-0.2%) and 7.56 million in FY2021 (-4.0%).
- On a year-over-year basis, Shares Outstanding (Entity) has increased in each of the last 14 quarters, with growth averaging 10.8% over the last eight quarters.
- The strongest year-over-year quarter for Shares Outstanding (Entity) in the past five years was Q4 2024, with growth of 31.9%; the weakest was Q3 2021, with a decline of 7.4%.
- According to Business Quant data, Shares Outstanding (Entity) for the three prior quarters was 10.32 million (Q1 2026), 10.32 million (Q4 2025) and 10.27 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Entity.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 166.01 Bn | 148.52 Bn | 1.39 Bn | 720.74 Mn |
| 2 | Prologis | 121.16 Bn | 125.55 Bn | - | 933.01 Mn |
| 3 | Simon Property | 65.49 Bn | 66.75 Bn | - | 326.37 Mn |
| 4 | Realty Income | 51.38 Bn | 53.76 Bn | - | 946.20 Mn |
| 5 | Public Storage | 49.67 Bn | 48.75 Bn | - | 175.62 Mn |
| 6 | Ventas | 43.61 Bn | 42.81 Bn | - | 512.95 Mn |
| 7 | Extra Space Storage | 27.79 Bn | 27.79 Bn | 642.43 Mn | 211.27 Mn |
| 8 | Vici Properties | 25.29 Bn | 23.41 Bn | 1.05 Bn | 1.10 Bn |
| 9 | Vivmark Residential | 22.78 Bn | 22.97 Bn | - | 374.89 Mn |
| 10 | Modiv Industrial | 186.34 Mn | 225.21 Mn | - | 10.32 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.32 Mn |
| Mar 31, 2026 | 10.32 Mn |
| Dec 31, 2025 | 10.32 Mn |
| Sep 30, 2025 | 10.27 Mn |
| Jun 30, 2025 | 10.16 Mn |
| Mar 31, 2025 | 10.12 Mn |
| Dec 31, 2024 | 9.97 Mn |
| Sep 30, 2024 | 9.65 Mn |
| Jun 30, 2024 | 9.49 Mn |
| Mar 31, 2024 | 9.45 Mn |
| Dec 31, 2023 | 7.56 Mn |
| Sep 30, 2023 | 7.59 Mn |
| Jun 30, 2023 | 7.54 Mn |
| Mar 31, 2023 | 7.55 Mn |
| Dec 31, 2022 | 7.55 Mn |
| Sep 30, 2022 | 7.49 Mn |
| Jun 30, 2022 | 7.46 Mn |
| Mar 31, 2022 | 7.48 Mn |
| Dec 31, 2021 | 7.56 Mn |
| Sep 30, 2021 | 7.41 Mn |
Modiv Industrial Shares Outstanding (Entity) 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=shares-outstanding-entity&ticker=MDV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-entity", "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=shares-outstanding-entity&ticker=MDV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();