FREVS · First Real Estate Investment Trust of New Jersey - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.50M | - | $7.24M | $7.26M | $7.27M | - | $7.15M | $7.28M | $7.00M | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $713.0K | - | $624.0K | $791.0K | $845.0K | - | $929.0K | $1.01M | $1.81M | - |
| Total Operating Expenses | $5.12M | - | $4.96M | $4.99M | $5.30M | - | $4.98M | $5.34M | $6.04M | - |
| D&A | $721.0K | - | $738.0K | $734.0K | $723.0K | - | $735.0K | $789.0K | $725.0K | - |
| Operating Income | $3.82M | - | $3.67M | $3.82M | $3.56M | - | $3.86M | $3.77M | $3.52M | - |
| Interest Expense | $1.86M | - | $1.81M | $1.85M | $1.87M | - | $1.84M | $1.78M | $1.84M | - |
| Income Tax | - | - | - | - | - | - | - | - | - | - |
| Net Income | $943.0K | - | $879.0K | $894.0K | $614.0K | - | $14.79M | $533.0K | ($512.0K) | - |
| EPS - Basic | $0.13 | - | $0.12 | $0.12 | $0.08 | - | $1.98 | $0.07 | ($0.07) | - |
| EPS - Diluted | $0.13 | - | $0.12 | $0.12 | $0.08 | - | $1.98 | $0.07 | ($0.07) | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $18.50M | $17.93M | $14.60M | $11.44M | $11.90M | $14.91M | $29.43M | $12.22M | $13.68M | $13.22M |
| Accounts Receivable | $243.0K | $201.0K | $307.0K | $711.0K | $406.0K | $498.0K | $559.0K | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - | - | - | - | - |
| Total Assets | $149.00M | $149.87M | $150.23M | $156.21M | $156.88M | $162.26M | $165.04M | $148.53M | $149.70M | $159.12M |
| Current Liabilities | - | - | - | - | - | - | - | - | - | - |
| Long-term Debt | $120.40M | - | - | - | - | - | $128.40M | - | $129.18M | $137.06M |
| Total Liabilities | $123.63M | $124.17M | $124.68M | $130.72M | $131.26M | $136.08M | $133.22M | $132.00M | $132.98M | $140.64M |
| Stockholders' Equity | $34.20M | $34.04M | $33.74M | $33.54M | $33.35M | $33.36M | $37.63M | $23.64M | $23.10M | $24.52M |
| Retained Earnings | $1.56M | $1.36M | $985.0K | $854.0K | $558.0K | $541.0K | $4.73M | ($9.69M) | ($9.85M) | ($8.97M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $1.35M | - | - | - | $1.52M | - | - | - | $934.0K | - |
| Investing Cash Flow | $911.0K | - | - | - | $1.85M | - | - | - | $7.41M | - |
| Financing Cash Flow | ($1.69M) | - | - | - | ($6.25M) | - | - | - | ($8.59M) | - |
| CapEx | - | - | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - | - | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | 50.9% | - | 50.6% | 52.6% | 49.0% | - | 54.0% | 51.8% | 50.3% | - |
| EBITDA margin | 60.6% | - | 60.8% | 62.8% | 58.9% | - | 64.3% | 62.6% | 60.6% | - |
| Net margin | 12.6% | - | 12.1% | 12.3% | 8.4% | - | 207.0% | 7.3% | -7.3% | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 9.5% | - | 8.6% | 10.9% | 11.6% | - | 13.0% | 14.0% | 25.8% | - |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | 0.6% | - | 0.6% | 0.6% | 0.4% | - | 9.0% | 0.4% | -0.3% | - |
| Return on equity | 2.8% | - | 2.6% | 2.7% | 1.8% | - | 39.3% | 2.3% | -2.2% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | - | - | - | - | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - | - | - | - | - |
| Leverage | ||||||||||
| Debt / Equity | 3.52 | - | - | - | - | - | 3.41 | - | 5.59 | 5.59 |
| Debt / Assets | 0.81 | - | - | - | - | - | 0.78 | - | 0.86 | 0.86 |
| Debt / EBITDA | 26.50 | - | - | - | - | - | 27.96 | - | 30.44 | - |
| Interest coverage | 2.1x | - | 2.0x | 2.1x | 1.9x | - | 2.1x | 2.1x | 1.9x | - |
| Equity multiplier | 4.36 | 4.40 | 4.45 | 4.66 | 4.70 | 4.86 | 4.39 | 6.28 | 6.48 | 6.49 |
| Liabilities / Assets | 0.83 | 0.83 | 0.83 | 0.84 | 0.84 | 0.84 | 0.81 | 0.89 | 0.89 | 0.88 |
| Efficiency | ||||||||||
| Asset turnover | 0.05 | - | 0.05 | 0.05 | 0.05 | - | 0.04 | 0.05 | 0.05 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 12d | - | 15d | 36d | 20d | - | 29d | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 106.2x | - | 122.9x | 141.3x | 217.5x | - | 9.1x | 235.4x | - | - |
| P / B | 0.0x | - | 0.0x | 0.0x | 0.0x | - | 0.0x | 0.0x | 0.0x | - |
| P / S | 0.0x | - | 0.0x | 0.0x | 0.0x | - | 0.0x | 0.0x | 0.0x | - |
| EV / EBITDA | 22.4x | - | -3.3x | -2.5x | -2.7x | - | 21.6x | -2.7x | 27.2x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 3.2% | - | 1.4% | -0.2% | 3.9% | - | -2.0% | 5.2% | 0.3% | - |
| Revenue CAGR (3y) | 2.4% | - | 1.3% | 3.1% | -12.0% | - | -17.1% | -17.2% | -18.1% | - |
| Revenue CAGR (5y) | -10.1% | - | -9.8% | -11.9% | -14.2% | - | -14.1% | -13.2% | -14.1% | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | 7.4% | - | -4.9% | 1.5% | 1.2% | - | 0.8% | 6.8% | -2.8% | - |
| Net income growth (YoY) | 53.6% | - | -94.1% | 67.7% | - | - | - | 449.5% | - | - |
| EPS growth (YoY) | 62.5% | - | -93.9% | 71.4% | - | - | - | 600.0% | - | - |
| EPS CAGR (3y) | 29.4% | - | -9.1% | - | -76.9% | - | 304.1% | - | - | - |
| EPS CAGR (5y) | - | - | - | -50.1% | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 2.6% | 2.0% | -10.3% | 41.9% | 44.4% | 36.1% | 55.9% | -10.3% | -13.2% | -5.4% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2021-10-31.
Business segments
$50.52M totalResidential Real Estates$26.97M · 53.4%
Commercial Real Estates$23.55M · 46.6%
Peer comparison
Same SIC group: Real Estate Investment Trusts
Comparing FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY against the 5 most active filers in the same SIC group.
Dividends
$0.40/share trailing 12 months · -56.0% YoY
| Ex-date | Per share |
|---|---|
| May 29, 2026 | $0.1000 |
| Feb 27, 2026 | $0.1000 |
| Dec 1, 2025 | $0.1000 |
| Aug 29, 2025 | $0.1000 |
| May 30, 2025 | $0.0800 |
| Feb 28, 2025 | $0.0800 |
| Nov 29, 2024 | $0.7000 |
| Aug 30, 2024 | $0.0500 |
| May 31, 2024 | $0.0500 |
| Feb 29, 2024 | $0.0500 |
| Nov 30, 2023 | $0.0500 |
| Aug 31, 2023 | $0.3000 |
| May 31, 2023 | $0.0500 |
| Feb 28, 2023 | $0.0500 |
| Nov 30, 2022 | $1.5000 |
| Aug 31, 2022 | $7.5000 |
| May 31, 2022 | $0.1000 |
| Feb 28, 2022 | $0.1000 |
| Nov 30, 2021 | $0.1000 |
| Aug 31, 2021 | $0.0500 |
| May 28, 2021 | $0.0500 |
| Feb 26, 2021 | $0.0500 |
| Nov 27, 2019 | $0.2000 |
| Aug 29, 2019 | $0.1250 |