First Real Estate Investment Trust Of New Jersey (FREVS) Depreciation and Depletion (2011 - 2026)
First Real Estate Investment Trust Of New Jersey (FREVS) reported Depreciation and Depletion of $681,000 for fiscal Q3 2026 (quarter ended Jul 31, 2026), down 7.7% from $738,000 a year earlier and down 5.9% from the prior quarter.
First Real Estate Investment Trust Of New Jersey (FREVS) Depreciation and Depletion (2011 - 2026) Analysis & Trends
Over the twelve months ended Jul 31, 2026, First Real Estate Investment Trust Of New Jersey's Depreciation and Depletion came in at $2.9 million, down 1.1% year-over-year; for FY2025 (ended Oct 31, 2025), it was $2.97 million, down 0.5% from FY2024.
- Depreciation and Depletion has a five-year compound annual growth rate of -22.1% (FY2020 to FY2025).
- By fiscal year, Depreciation and Depletion came in at $2.98 million in FY2024 (+1.3%), $2.94 million in FY2023 (-26.3%), $4 million in FY2022 (-57.0%) and $9.3 million in FY2021 (-10.1%).
- The fiscal Q3 2026 figure ranks as the lowest quarterly Depreciation and Depletion in data going back to fiscal Q1 2011.
- Year over year, Depreciation and Depletion has now declined in each of the last three quarters, with an average decline of 1.6% over the last eight quarters.
- The high point for year-over-year Depreciation and Depletion in five years was fiscal Q2 2024 (growth of 7.8%); the low point was fiscal Q2 2022 (a decline of 69.5%).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at $724,000 (Q2 2026), $721,000 (Q1 2026) and $770,000 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 166.01 Bn | 148.52 Bn | 1.39 Bn | - |
| 2 | Prologis | 121.16 Bn | 125.55 Bn | - | - |
| 3 | Simon Property | 65.49 Bn | 66.75 Bn | - | - |
| 4 | Realty Income | 51.38 Bn | 53.76 Bn | - | - |
| 5 | Public Storage | 49.67 Bn | 48.75 Bn | - | 271.79 Mn |
| 6 | Ventas | 43.61 Bn | 42.81 Bn | - | - |
| 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 | 998,000.00 |
| 9 | Vivmark Residential | 22.78 Bn | 22.97 Bn | - | 246.38 Mn |
| 10 | First Real Estate Investment Trust Of New Jersey | 160.87 Mn | 154.44 Mn | - | 681,000.00 |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 681,000.00 |
| Apr 30, 2026 | 724,000.00 |
| Jan 31, 2026 | 721,000.00 |
| Oct 31, 2025 | 770,000.00 |
| Jul 31, 2025 | 738,000.00 |
| Apr 30, 2025 | 734,000.00 |
| Jan 31, 2025 | 723,000.00 |
| Oct 31, 2024 | 732,000.00 |
| Jul 31, 2024 | 735,000.00 |
| Apr 30, 2024 | 789,000.00 |
| Jan 31, 2024 | 725,000.00 |
| Oct 31, 2023 | 746,000.00 |
| Jul 31, 2023 | 744,000.00 |
| Apr 30, 2023 | 732,000.00 |
| Jan 31, 2023 | 722,000.00 |
| Oct 31, 2022 | 738,000.00 |
| Jul 31, 2022 | 723,000.00 |
| Apr 30, 2022 | 714,000.00 |
| Jan 31, 2022 | 1.82 Mn |
| Oct 31, 2021 | 2.35 Mn |
First Real Estate Investment Trust Of New Jersey Depreciation and Depletion 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=depreciation-and-depletion&ticker=FREVS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-depletion", "ticker": "FREVS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=depreciation-and-depletion&ticker=FREVS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();