First Real Estate Investment Trust Of New Jersey (FREVS) Operating Interest Expenses (2023 - 2026)
First Real Estate Investment Trust Of New Jersey (FREVS) recorded Operating Interest Expenses of $1.97 million in fiscal Q3 2026 (quarter ended Jul 31, 2026), up 9.1% from $1.81 million a year earlier and up 9.6% from the prior quarter.
First Real Estate Investment Trust Of New Jersey (FREVS) Operating Interest Expenses (2023 - 2026) Analysis & Trends
On a TTM basis, First Real Estate Investment Trust Of New Jersey's Operating Interest Expenses came in at $7.38 million as of Jul 31, 2026, up 0.1% year-over-year; for FY2025 (ended Oct 31, 2025), it came in at $7.28 million, down 0.4% from FY2024.
- Annual Operating Interest Expenses has declined for three straight fiscal years, with a three-year compound annual growth rate of -3.4% (FY2022 to FY2025).
- Across earlier fiscal years, Operating Interest Expenses came in at $7.31 million in FY2024 (-5.3%), $7.72 million in FY2023 (-4.3%) and $8.06 million in FY2022.
- The fiscal Q3 2026 figure is the highest quarterly Operating Interest Expenses since fiscal Q3 2023.
- On a year-over-year basis, Operating Interest Expenses rose in three of the last eight quarters, with growth averaging 0.4%.
- Peak year-over-year performance for Operating Interest Expenses in the last five years was growth of 9.1% in fiscal Q3 2026, against a decline of 9.5% in fiscal Q3 2024 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $1.8 million (Q2 2026), $1.86 million (Q1 2026) and $1.75 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Interest Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 167.90 Bn | 150.42 Bn | 1.39 Bn | - |
| 2 | Prologis | 123.74 Bn | 128.13 Bn | - | - |
| 3 | Simon Property | 66.68 Bn | 67.94 Bn | - | - |
| 4 | Realty Income | 52.20 Bn | 54.59 Bn | - | - |
| 5 | Public Storage | 50.15 Bn | 49.24 Bn | - | - |
| 6 | Ventas | 44.59 Bn | 43.78 Bn | - | - |
| 7 | Extra Space Storage | 28.21 Bn | 28.21 Bn | 642.43 Mn | - |
| 8 | Vici Properties | 25.53 Bn | 23.65 Bn | 1.05 Bn | - |
| 9 | Vivmark Residential | 23.00 Bn | 23.19 Bn | - | - |
| 10 | First Real Estate Investment Trust Of New Jersey | 158.63 Mn | 152.20 Mn | - | 1.97 Mn |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 1.97 Mn |
| Apr 30, 2026 | 1.80 Mn |
| Jan 31, 2026 | 1.86 Mn |
| Oct 31, 2025 | 1.75 Mn |
| Jul 31, 2025 | 1.81 Mn |
| Apr 30, 2025 | 1.85 Mn |
| Jan 31, 2025 | 1.87 Mn |
| Oct 31, 2024 | 1.84 Mn |
| Jul 31, 2024 | 1.84 Mn |
| Apr 30, 2024 | 1.78 Mn |
| Jan 31, 2024 | 1.84 Mn |
| Oct 31, 2023 | 1.86 Mn |
| Jul 31, 2023 | 2.03 Mn |
First Real Estate Investment Trust Of New Jersey 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=operating-interest-expenses&ticker=FREVS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-interest-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-interest-expenses&ticker=FREVS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();