First Real Estate Investment Trust Of New Jersey (FREVS) Operating Expenses (2011 - 2026)
First Real Estate Investment Trust Of New Jersey's Operating Expenses was $5.7 million in fiscal Q3 2026 (quarter ended Jul 31, 2026), up 14.9% from $4.96 million a year earlier and up 1.9% from the prior quarter.
First Real Estate Investment Trust Of New Jersey (FREVS) Operating Expenses (2011 - 2026) Analysis & Trends
On a trailing twelve-month basis, First Real Estate Investment Trust Of New Jersey's Operating Expenses was $21.27 million through Jul 31, 2026, up 6.2% year-over-year; for FY2025 (ended Oct 31, 2025), it came in at $20.11 million, down 4.9% from FY2024.
- Operating Expenses shows a five-year compound annual growth rate of -16.3% (FY2020 to FY2025).
- In earlier fiscal years, Operating Expenses was $21.15 million in FY2024 (+1.0%), $20.94 million in FY2023 (-13.7%), $24.28 million in FY2022 (-34.0%) and $36.79 million in FY2021 (-24.9%).
- The fiscal Q3 2026 figure marks the highest quarterly Operating Expenses since fiscal Q1 2024.
- Compared with a year earlier, Operating Expenses was higher in three of the last eight quarters, with an average year-over-year change of 0.0%.
- The best year-over-year quarter for Operating Expenses over five years was fiscal Q1 2024 (growth of 22.4%); the worst was fiscal Q2 2022 (a decline of 50.0%).
- Per Business Quant data, FREVS's Operating Expenses in the three fiscal quarters before Q3 2026 was $5.6 million (Q2 2026), $5.12 million (Q1 2026) and $4.85 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 166.01 Bn | 148.52 Bn | 1.39 Bn | 3.22 Bn |
| 2 | Prologis | 121.16 Bn | 125.55 Bn | - | 1.47 Bn |
| 3 | Simon Property | 65.49 Bn | 66.75 Bn | - | 900.79 Mn |
| 4 | Realty Income | 51.38 Bn | 53.76 Bn | - | 1.19 Bn |
| 5 | Public Storage | 49.67 Bn | 48.75 Bn | - | 766.20 Mn |
| 6 | Ventas | 43.61 Bn | 42.81 Bn | - | 1.68 Bn |
| 7 | Extra Space Storage | 27.79 Bn | 27.79 Bn | 642.43 Mn | 481.97 Mn |
| 8 | Vici Properties | 25.29 Bn | 23.41 Bn | 1.05 Bn | 315.61 Mn |
| 9 | Vivmark Residential | 22.78 Bn | 22.97 Bn | - | 566.18 Mn |
| 10 | First Real Estate Investment Trust Of New Jersey | 160.87 Mn | 154.44 Mn | - | 5.70 Mn |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 5.70 Mn |
| Apr 30, 2026 | 5.60 Mn |
| Jan 31, 2026 | 5.12 Mn |
| Oct 31, 2025 | 4.85 Mn |
| Jul 31, 2025 | 4.96 Mn |
| Apr 30, 2025 | 4.99 Mn |
| Jan 31, 2025 | 5.30 Mn |
| Oct 31, 2024 | 4.78 Mn |
| Jul 31, 2024 | 4.98 Mn |
| Apr 30, 2024 | 5.34 Mn |
| Jan 31, 2024 | 6.04 Mn |
| Oct 31, 2023 | 5.07 Mn |
| Jul 31, 2023 | 5.79 Mn |
| Apr 30, 2023 | 5.15 Mn |
| Jan 31, 2023 | 4.94 Mn |
| Oct 31, 2022 | 5.98 Mn |
| Jul 31, 2022 | 4.96 Mn |
| Apr 30, 2022 | 4.86 Mn |
| Jan 31, 2022 | 8.47 Mn |
| Oct 31, 2021 | 9.12 Mn |
First Real Estate Investment Trust Of New Jersey Operating 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=operating-expenses&ticker=FREVS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=FREVS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();