New England Realty Associates Limited Partnership (NEN) Rent Expense (2010 - 2026)
New England Realty Associates Limited Partnership (NEN) reported Rent Expense of $576,817 for Q2 2026, up 125.1% from $256,198 a year earlier and up 26.4% from the prior quarter.
New England Realty Associates Limited Partnership (NEN) Rent Expense (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, New England Realty Associates Limited Partnership's Rent Expense came in at $1.86 million, up 62.7% year-over-year; for FY2025, it was $1.36 million, up 18.8% from FY2024.
- Rent Expense has increased for three consecutive years, with a five-year compound annual growth rate of 9.6% (FY2020 to FY2025).
- By year, Rent Expense came in at $1.15 million in FY2024 (+14.3%), $1 million in FY2023 (+57.2%), $639,235 in FY2022 (-48.5%) and $1.24 million in FY2021 (+43.6%).
- The Q2 2026 figure ranks as the highest quarterly Rent Expense in data going back to Q2 2010.
- Year over year, Rent Expense has now increased in each of the last five quarters, with growth averaging 42.2% over the last eight quarters.
- The high point for year-over-year Rent Expense in five years was Q2 2026 (growth of 125.1%); the low point was Q3 2022 (a decline of 60.4%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $456,340 (Q1 2026), $341,685 (Q4 2025) and $488,217 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Texas Pacific Land | 22.47 Bn | 21.30 Bn | - | - |
| 2 | Eason Technology | 6.75 Bn | 6.75 Bn | - | - |
| 3 | LandBridge | 6.25 Bn | 6.60 Bn | 65.71 Mn | - |
| 4 | Millrose Properties | 4.01 Bn | 4.01 Bn | - | - |
| 5 | St Joe | 3.75 Bn | 3.25 Bn | 73.42 Mn | - |
| 6 | Vesta Real Estate Corporation, S.A.B. de C.V | 2.85 Bn | 2.85 Bn | - | - |
| 7 | Opendoor Technologies | 2.30 Bn | -1.52 Bn | 86.00 Mn | - |
| 8 | Forestar | 1.31 Bn | -34.86 Mn | 84.10 Mn | - |
| 9 | Five Point Holdings | 693.74 Mn | 722.51 Mn | -23.72 Mn | - |
| 10 | New England Realty Associates Limited Partnership | 5.92 Mn | 5.92 Mn | - | 576,817.00 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 576,817.00 |
| Mar 31, 2026 | 456,340.00 |
| Dec 31, 2025 | 341,685.00 |
| Sep 30, 2025 | 488,217.00 |
| Jun 30, 2025 | 256,198.00 |
| Mar 31, 2025 | 278,329.00 |
| Dec 31, 2024 | 202,311.00 |
| Sep 30, 2024 | 407,911.00 |
| Jun 30, 2024 | 150,772.00 |
| Mar 31, 2024 | 387,599.00 |
| Dec 31, 2023 | 177,554.00 |
| Sep 30, 2023 | 391,093.00 |
| Jun 30, 2023 | 244,434.00 |
| Mar 31, 2023 | 191,585.00 |
| Dec 31, 2022 | 137,329.00 |
| Sep 30, 2022 | 181,574.00 |
| Jun 30, 2022 | 150,943.00 |
| Mar 31, 2022 | 169,389.00 |
| Dec 31, 2021 | 300,017.00 |
| Sep 30, 2021 | 458,040.00 |
New England Realty Associates Limited Partnership Rent Expense 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=rent-expense&ticker=NEN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "rent-expense", "ticker": "NEN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=rent-expense&ticker=NEN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();