Educational research on US and Indian equities, ETFs, mutual funds and crypto, with screeners and a free investing academy.
All data is for educational purposes only and should not be considered investment advice.
Equiscale is operated by Syntellia LLC, a Delaware limited liability company.
© 2026 Syntellia LLC. All rights reserved.
Modiv Industrial, Inc. is an internally managed REIT that is focused on single-tenant net-lease industrial manufacturing real estate. The Company actively acquires critical industrial manufacturing properties with long-term leases to tenants that fuel the national economy and strengthen the nation's supply chains. Modiv Industrial, Inc. was incorporated in 2015 in Maryland, USA.
Rule-based from financial data. Not advice.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 5 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $46M | $33M | $1M | $15M | 0.7% | -0.8% | -82.3% |
| 2024 | $47M | $42M | $6M | $18M | 3.2% | -1.0% | -191.0% |
| 2023 | $47M | $24M | $-7M | $17M | -4.6% | 7.8% | 101.1% |
| 2022 | $44M | $18M | $-3M | $17M | -2.1% | - | - |
| 2021 | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2025 |
|---|---|
| Total Revenue | 46.39 |
| Operating Revenue | 46.39 |
| Cost Of Revenue | 3.46 |
| Gross Profit | 42.93 |
| Operating Expense | 23.81 |
| Selling General And Administration | 8.73 |
| Total Expenses | 27.27 |
| Operating Income | 19.11 |
| Total Operating Income As Reported | 15.82 |
| EBITDA | 32.77 |
| Normalized EBITDA | 34.39 |
| EBIT | 17.68 |
| Interest Income | 0.89 |
| Interest Expense | 17.13 |
| Net Interest Income | -16.94 |
| Other Non Operating Income Expenses | - |
| Other Income Expense | -1.62 |
| Interest Income Non Operating | 0.89 |
| Interest Expense Non Operating | 17.13 |
| Net Non Operating Interest Income Expense | -16.94 |
| Pretax Income | 0.55 |
| Tax Rate For Calcs | 0 |
| Tax Effect Of Unusual Items | -0.34 |
| Net Income Continuous Operations | 0.55 |
| Net Income From Continuing And Discontinued Operation | 1.07 |
| Net Income From Continuing Operation Net Minority Interest | 1.07 |
| Net Income | 1.07 |
| Net Income Common Stockholders | -3.12 |
| Net Income Including Noncontrolling Interests | 0.55 |
| Normalized Income | 2.35 |
| Diluted NI Availto Com Stockholders | -3.60 |
| Basic Average Shares | 10.14 |
| Diluted Average Shares | 11.68 |
| Reconciled Depreciation | 14.23 |
| Reconciled Cost Of Revenue | 4.31 |
| Total Unusual Items | -1.62 |
| Total Unusual Items Excluding Goodwill | -1.62 |
| Preferred Stock Dividends | 3.21 |
| Minority Interests | 0.51 |
| Special Income Charges | -6.58 |
| Other Special Charges | 0.77 |
| Impairment Of Capital Assets | 5.81 |
| Gain On Sale Of Security | 4.96 |
| Depreciation Amortization Depletion Income Statement | 15.09 |
| Depreciation And Amortization In Income Statement | 15.09 |
| General And Administrative Expense | 8.73 |
| Other Gand A | 5.81 |
| Salaries And Wages | 2.92 |
| Total Other Finance Cost | 0.70 |
| Otherunder Preferred Stock Dividend | 0.95 |
| Earnings From Equity Interest | - |
| Average Dilution Earnings | -0.48 |
Real Estate sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Modiv Industrial, Inc.this co. | MDV | $189M | 176.51↑ premium | 1.16 | 0.7% | 13.29 |
| American Realty Investors, Inc. | ARL | $233M | 14.81 | 0.38 | 2.6% | 10.64 |
| Stratus Properties Inc. | STRS | $213M | 17.75 | 1.04 | 5.9% | 17.95 |
| Angel Oak Mortgage REIT, Inc. | AOMR | $203M | 4.60 | 0.76 | 16.5% | - |
| Seven Hills Realty Trust | SEVN |
| - |
| - |
| - |
| - |
| - |
| $192M |
| 12.57 |
| 0.58 |
| 4.6% |
| - |
| Braemar Hotels & Resorts Inc. | BHR | $183M | -8.22 | 1.32 | -16.1% | 7.16 |
| NLOP | NLOP | $177M | -1.22 | 0.60 | -49.4% | -0.85 |
| Strawberry Fields REIT, Inc. | STRW | $171M | 22.53 | 14.10 | 62.6% | 7.15 |
| Douglas Elliman Inc. | DOUG | $165M | 10.81 | 0.89 | 8.3% | 4.85 |
| Peer Median | - | 11.69 | 0.83 | 5.2% | 7.16 | |