What is First Real EST Inv TR NJ's earnings per share (EPS)?

First Real EST Inv TR NJ (FREVS) reported diluted earnings per share of $0.47 for fiscal year 2025. This represents a -77.9% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

First Real EST Inv TR NJ (FREVS) Financials

FREVS OTC

Trailing 12 months to July 31, 2026

Revenue $30.2M +4.1% YoY

Net Income $22.8M +566.5% YoY

EPS (Diluted) $3.05 +548.9% YoY

Free Cash Flow $5.0M +67.2% YoY

Market Cap $140.1M as of Nov 4, 2026

Price / Sales 4.6x on $30.2M revenue, trailing 12 months to July 31, 2026

Price / Earnings 6.1x on $22.8M net income, trailing 12 months to July 31, 2026

Price / Book 2.6x on $53.7M equity, Q3 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Nov 4, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q3 FY2026, ended Jul 31, 2026 Reported Sep 11, 2026 Currency USD FYE October

Newest figures come from the 10-Q for Q3 FY2026, filed Sep 11, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the FREVS SEC filings page.

First Real EST Inv TR NJ (FREVS) reported $30.2M in revenue over the twelve months to Jul 31, 2026, up 4.1% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI FREVS FY2025 2026-10-25

Property operations stayed stable, but FY2024’s profit spike reversed while debt declined and cash generation normalized.

Net income fell 77.9% while operating income rose 0.8%, showing FY2024’s earnings uplift sat outside core operations. Operating cash flow and free cash flow then fell 69.0% and 71.0%, respectively, reinforcing that the prior-year profit was not a repeatable cash result or a dependable measure of earnings quality.

Debt-to-equity fell from 5.6x in FY2023 to 3.5x in FY2025, indicating balance-sheet deleveraging. Yet liabilities still represented 82.9% of FY2025 assets, so lower leverage did not remove financing dependence; the structure remains less stretched than FY2023 but still debt-heavy.

Capital expenditures fell 38.9% to $759K in FY2025, showing reinvestment was restrained. Yet free cash flow fell 71.0% to $5.5M, so weaker cash generation reflects operating or other cash movements rather than a larger capital-spending burden.

Financial Health Signals

Financial health score not available

We do not publish a peer-relative financial health score for First Real EST Inv TR NJ, because the score only covers companies whose filings and listing give us what it needs to compare them with their peers. The signals and metrics below are current.

Piotroski F-Score Partial

4/6

First Real EST Inv TR NJ passes 4 of 6 computable financial strength tests (3 of the nine could not be computed from available data). 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), the one computable operating efficiency signal (asset turnover improving) passes.

Earnings Quality Cash-Backed

1.78x

For every $1 of reported earnings, First Real EST Inv TR NJ generates $1.78 in operating cash flow ($6.2M OCF vs $3.5M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Adequate

2.08x

First Real EST Inv TR NJ earns $2.08 in operating income for every $1 of interest expense ($15.2M vs $7.3M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.

Key Financial Metrics

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Earnings & Revenue

Revenue

$7.5M

YoY+4.0%

QoQ-1.3%

5Y CAGR-9.7%

10Y CAGR-4.2%

First Real EST Inv TR NJ generated $7.5M in revenue in Q3 2026. This represents an increase of 4.0% from the same quarter a year earlier. Against the prior quarter it is down 1.3%.

EBITDA

$4.6M

YoY+3.7%

QoQ+0.7%

First Real EST Inv TR NJ's EBITDA was $4.6M in Q3 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 3.7% from the same quarter a year earlier. Against the prior quarter it is up 0.7%.

Net Income

$20.2M

YoY+2193.6%

QoQ+3172.9%

5Y CAGR+149.4%

10Y CAGR+32.1%

First Real EST Inv TR NJ reported $20.2M in net income in Q3 2026. This represents an increase of 2193.6% from the same quarter a year earlier. Against the prior quarter it is up 3172.9%.

EPS (Diluted)

$2.69

YoY+2141.7%

QoQ+3262.5%

5Y CAGR+145.8%

First Real EST Inv TR NJ earned $2.69 per diluted share (EPS) in Q3 2026. This represents an increase of 2141.7% from the same quarter a year earlier. Against the prior quarter it is up 3262.5%.

Cash & Balance Sheet

Free Cash Flow

$542K

YoY-63.7%

QoQ-50.5%

5Y CAGR-6.1%

10Y CAGR-0.9%

First Real EST Inv TR NJ generated $542K in free cash flow in Q3 2026, representing cash available after capex. This represents a decrease of 63.7% from the same quarter a year earlier. Against the prior quarter it is down 50.5%.

Cash & Debt

$16.0M

YoY+9.7%

QoQ+13.1%

5Y CAGR-15.1%

10Y CAGR+3.0%

First Real EST Inv TR NJ held $16.0M in cash against $114.2M in long-term debt as of Q3 2026.

Shares Outstanding

YoY+0.1%

QoQ0.0%

5Y CAGR+1.8%

First Real EST Inv TR NJ had 7M shares outstanding in Q3 2026. This represents an increase of 0.1% from the same quarter a year earlier. It is unchanged from the prior quarter.

Dividends Per Share

Not reported for Q3 2026.

Margins & Returns

Operating Margin

51.6%

YoY+0.9pp

QoQ+1.6pp

First Real EST Inv TR NJ's operating margin was 51.6% in Q3 2026, reflecting core business profitability. This is up 0.9 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.6 percentage points.

Return on Equity

37.6%

YoY+35.0pp

QoQ+35.8pp

5Y change+37.0pp

10Y change+4.4pp

First Real EST Inv TR NJ's quarterly ROE was 37.6% in Q3 2026: one quarter's net income over shareholder equity, not annualized. This is up 35.0 percentage points from the same quarter a year earlier. Against the prior quarter it is up 35.8 percentage points.

Gross Margin

Not reported for Q3 2026.

Net Margin

Not shown for Q3 2026: the reported ratio is above 100.0% of revenue, so it does not read as a share of revenue.

Capital Allocation

Capital Expenditures

$202K

YoY+16.1%

QoQ+14.1%

5Y CAGR-21.6%

10Y CAGR-11.9%

First Real EST Inv TR NJ invested $202K in capex in Q3 2026, funding long-term assets and infrastructure. This represents an increase of 16.1% from the same quarter a year earlier. Against the prior quarter it is up 14.1%.

R&D Spending

Not reported for Q3 2026.

Share Buybacks

Not reported for Q3 2026.

FREVS Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

FREVS quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$30.2M	$29.3M+2.2%	$28.7M+1.2%	$28.3M-9.4%	$31.3M-37.8%	$50.3M-4.6%	$52.7M-12.5%	$60.3M+3.9%	$58.0M+12.3%	$51.6M+11.6%	$46.3M+3.3%	$44.8M+5.5%	$42.4M+2.6%	$41.3M-8.2%	$45.0M+5.7%	$42.6M
SG&A Expenses	N/A	$2.9M-34.6%	$4.4M+4.1%	$4.2M-15.2%	$5.0M-3.7%	$5.2M+36.0%	$3.8M+45.1%	$2.6M+14.2%	$2.3M+8.3%	$2.1M+4.7%	$2.0M+0.2%	$2.0M+45.3%	$1.4M-14.0%	$1.6M-0.1%	$1.6M+5.2%	$1.5M
Operating Income	N/A	$15.2M+0.8%	$15.1M+2.5%	$14.7M-8.0%	$16.0M+18.3%	$13.5M+259.1%	$3.8M-80.0%	$18.8M-2.4%	$19.3M+61.0%	$12.0M-17.8%	$14.6M+5.9%	$13.8M-9.4%	$15.2M-1.0%	$15.4M-1.2%	$15.5M-11.6%	$17.6M
EBITDA	N/A	$18.1M+0.6%	$18.0M+2.3%	$17.6M-11.7%	$20.0M-12.4%	$22.8M+61.7%	$14.1M-53.3%	$30.2M-2.1%	$30.8M+36.0%	$22.7M+1.0%	$22.4M+8.6%	$20.6M-4.2%	$21.5M-0.3%	$21.6M-0.7%	$21.8M-8.2%	$23.7M
Interest Expense	N/A	$7.3M-0.4%	$7.3M-5.3%	$7.7M-4.3%	$8.1M-34.3%	$12.3M-13.1%	$14.1M-21.8%	$18.1M-3.2%	$18.7M+18.4%	$15.8M+32.1%	$11.9M+8.5%	$11.0M-2.7%	$11.3M-5.3%	$11.9M+2.1%	$11.7M+2.2%	$11.5M
Net Income	$22.8M	$3.5M-77.9%	$15.9M+1985.8%	$760K-98.3%	$46.0M+4861.4%	$927K-95.5%	$20.6M+1050.1%	$1.8M+20.5%	$1.5M-88.7%	$13.1M+336.5%	$3.0M+14.2%	$2.6M-77.4%	$11.7M+56.5%	$7.4M-34.4%	$11.4M+111.1%	$5.4M
EPS (Basic)	N/A	$0.47-77.9%	$2.13+2030.0%	$0.10-98.5%	$6.52+4915.4%	$0.13-95.6%	$2.94	$0.26+23.8%	$0.21-89.1%	$1.92+336.4%	$0.44+12.8%	$0.39	$1.69+57.9%	$1.07-34.8%	$1.64+113.0%	$0.77
EPS (Diluted)	$3.05	$0.47-77.9%	$2.13+2030.0%	$0.10-98.4%	$6.45+4861.5%	$0.13-95.6%	$2.94	$0.26+23.8%	$0.21-89.1%	$1.92+336.4%	$0.44+12.8%	$0.39	$1.69+57.9%	$1.07-34.8%	$1.64	N/A
Diluted Shares (Avg)	N/A	7,469+0.1%	7,459+0.2%	7,447+4.4%	7,132+1.6%	7,022+0.4%	6,994	7M+0.8%	7M+0.7%	7M+0.7%	7M+0.1%	7M	6,908	N/A	N/A	N/A

Metric	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K
Revenue	$7.5M+4.0%	$7.6M+5.2%	$7.5M+3.2%	$7.5M+4.0%	$7.2M+1.4%	$7.3M-0.2%	$7.3M+3.9%	$7.3M+1.5%
SG&A Expenses	$1.4M+120.5%	$1.1M+33.0%	$713K-15.6%	N/A	$624K-32.8%	$791K-22.1%	$845K-53.3%	N/A
Operating Income	$3.9M+5.9%	$3.8M-0.2%	$3.8M+7.4%	N/A	$3.7M-4.9%	$3.8M+1.5%	$3.6M+1.2%	N/A
EBITDA	$4.6M+3.7%	$4.5M-0.4%	$4.5M+6.1%	N/A	$4.4M-4.0%	$4.6M0.0%	$4.3M+0.9%	N/A
Interest Expense	$2.0M+9.1%	$1.8M-2.8%	$1.9M-0.6%	N/A	$1.8M-1.7%	$1.9M+3.9%	$1.9M+1.7%	N/A
Net Income	$20.2M+2193.6%	$616K-31.1%	$943K+53.6%	$1.1M+7.9%	$879K-94.1%	$894K+67.7%	$614Kn/m	$1.0M+58.5%
EPS (Basic)	$2.69+2141.7%	$0.08-33.3%	$0.13+62.5%	$0.150.0%	$0.12-93.9%	$0.12+71.4%	$0.08n/m	$0.15+66.7%
EPS (Diluted)	$2.69+2141.7%	$0.08-33.3%	$0.13+62.5%	$0.150.0%	$0.12-93.9%	$0.12+71.4%	$0.08n/m	$0.15+66.7%
Diluted Shares (Avg)	7,482+0.1%	7,477+0.1%	7,471+0.1%	N/A	7,471+0.1%	7,469+0.2%	7,463+0.2%	N/A

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Income Tax.

FREVS Balance Sheet

FREVS quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$149.9M-7.6%	$162.3M+2.0%	$159.1M-10.9%	$178.6M-48.4%	$346.1M-2.6%	$355.2M-9.1%	$390.6M-0.4%	$392.1M+5.1%	$373.0M+1.4%	$368.0M+4.5%	$352.1M+16.8%	$301.6M+23.5%	$244.3M+0.8%	$242.3M-0.4%	$243.2M
Cash & Equivalents	$17.9M+20.2%	$14.9M+12.8%	$13.2M-73.3%	$49.6M+38.1%	$35.9M-2.6%	$36.9M-3.2%	$38.1M+75.1%	$21.7M+175.3%	$7.9M-27.6%	$10.9M-19.2%	$13.5M+27.9%	$10.6M+35.3%	$7.8M-26.5%	$10.6M+68.0%	$6.3M
Accounts Receivable	$201K-59.6%	$498K-10.9%	$559K-30.3%	$802K-50.6%	$1.6M-10.4%	$1.8M+4.0%	$1.7M+21.2%	$1.4M-18.7%	$1.8M+2.1%	$1.7M-17.8%	$2.1M+25.8%	$1.7M-35.7%	$2.6M-2.7%	$2.7M+160.0%	$1.0M
Total Liabilities	$124.2M-8.8%	$136.1M-3.2%	$140.6M-8.6%	$153.9M-51.0%	$314.2M-3.1%	$324.4M-13.4%	$374.6M+1.9%	$367.7M+6.8%	$344.4M-2.3%	$352.5M+6.5%	$330.9M+21.8%	$271.7M+23.3%	$220.4M+2.0%	$216.1M-2.0%	$220.6M
Long-Term Debt	$120.8M	N/A	$137.1M-0.7%	$138.1M-54.0%	$299.9M-1.8%	$305.4M-12.7%	$349.9M+0.8%	$347.0M+7.9%	$321.6M-1.7%	$327.2M+7.4%	$304.8M+23.0%	$247.8M+24.3%	$199.4M	N/A	N/A
Total Equity	$34.0M+2.0%	$33.4M+36.1%	$24.5M-5.4%	$25.9M-29.2%	$36.6M+4.8%	$34.9M+122.1%	$15.7M-26.9%	$21.5M+20.5%	$17.8M+529.4%	$2.8M-62.4%	$7.5M-52.0%	$15.7M+5.8%	$14.9M-15.3%	$17.6M+26.8%	$13.8M
Retained Earnings	$1.4M+151.4%	$541Kn/m	-$9.0Mn/m	-$6.2M-147.9%	$13.0M-6.0%	$13.8M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K
Total Assets	$165.5M+10.2%	$148.6M-4.8%	$149.0M-5.0%	$149.9M-7.6%	$150.2M-9.0%	$156.2M+5.2%	$156.9M+4.8%	$162.3M+2.0%
Cash & Equivalents	$16.0M+9.7%	$14.2M+23.9%	$18.5M+55.5%	$17.9M+20.2%	$14.6M-50.4%	$11.4M-6.4%	$11.9M-13.0%	$14.9M+12.8%
Accounts Receivable	$391K+27.4%	$468K-34.2%	$243K-40.1%	$201K-59.6%	$307K-22.7%	$711K	$406K	$498K-10.9%
Total Liabilities	$118.3M-5.1%	$123.6M-5.4%	$123.6M-5.8%	$124.2M-8.8%	$124.7M-6.4%	$130.7M-1.0%	$131.3M-1.3%	$136.1M-3.2%
Long-Term Debt	$114.2M	$119.9M	$120.4M	$120.8M	N/A	N/A	N/A	N/A
Total Equity	$53.7M+59.1%	$34.2M+2.1%	$34.2M+2.6%	$34.0M+2.0%	$33.7M-10.3%	$33.5M+41.9%	$33.4M+44.4%	$33.4M+36.1%
Retained Earnings	$20.8M+2015.4%	$1.4M+66.7%	$1.6M+178.9%	$1.4M+151.4%	$985K-79.2%	$854Kn/m	$558Kn/m	$541Kn/m

Not reported in any period shown, so not listed: Current Assets, Short-Term Investments, Inventory, Long-Term Investments, Goodwill, Current Liabilities, Non-Current Liabilities.

FREVS Cash Flow Statement

FREVS quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	$5.7M	$6.2M-69.0%	$20.2M+652.1%	$2.7M-63.3%	$7.3M-40.1%	$12.2M+214.4%	$3.9M-73.5%	$14.7M+11.4%	$13.2M+278.6%	$3.5M-56.8%	$8.1M-33.1%	$12.0M-2.8%	$12.4M+18.3%	$10.5M-20.2%	$13.1M-11.3%	$14.8M
Depreciation & Amortization	N/A	$3.0M-0.5%	$3.0M+1.3%	$2.9M-26.3%	$4.0M-57.0%	$9.3M-10.1%	$10.3M-8.8%	$11.3M-1.5%	$11.5M+7.9%	$10.7M+35.9%	$7.9M+14.1%	$6.9M+8.5%	$6.3M+1.6%	$6.2M+0.5%	$6.2M+1.7%	$6.1M
Stock-Based Compensation	N/A	N/A	$1K-90.9%	$11K-99.1%	$1.2M+2738.1%	$42K-8.7%	$46K-62.9%	$124K-4.6%	$130K+6.6%	$122K+29.8%	$94K0.0%	$94K+487.5%	$16K	N/A	N/A	N/A
Capital Expenditures	$653K	$759K-38.9%	$1.2M-3.7%	$1.3M-17.8%	$1.6M-18.9%	$1.9M-5.5%	$2.0M-33.7%	$3.1M-42.1%	$5.3M-47.0%	$10.1M+1.3%	$9.9M+138.7%	$4.2M+10.3%	$3.8M+75.4%	$2.1M+1.7%	$2.1M+57.4%	$1.3M
Free Cash Flow	$5.0M	$5.5M-71.0%	$18.9M+1260.2%	$1.4M-75.8%	$5.7M-44.1%	$10.3M+459.2%	$1.8M-84.1%	$11.6M+47.9%	$7.8Mn/m	-$6.6Mn/m	-$1.9M-123.7%	$7.9M-8.6%	$8.6M+3.6%	$8.3M-24.4%	$11.0M-18.2%	$13.5M
Investing Cash Flow	$3.9M	$11.5Mn/m	-$6.1Mn/m	-$25.3M-110.1%	$249.7Mn/m	-$1.8Mn/m	-$3.2M-194.8%	$3.4Mn/m	-$23.0M-480.9%	$6.0Mn/m	-$20.4Mn/m	-$52.7Mn/m	-$50.3Mn/m	-$3.1M-182.5%	$3.8Mn/m	-$4.1M
Financing Cash Flow	-$7.6M	-$15.5Mn/m	-$13.2Mn/m	-$17.5Mn/m	-$237.6Mn/m	-$10.9Mn/m	-$3.6Mn/m	-$2.0M-112.9%	$15.4Mn/m	-$5.2M-153.4%	$9.7M-77.7%	$43.6M+7.2%	$40.7Mn/m	-$10.2Mn/m	-$12.6Mn/m	-$11.1M
Dividends Paid	$3.0M	$7.2M+380.7%	$1.5M-89.1%	$13.7M-74.4%	$53.5M+5112.8%	$1.0M-24.3%	$1.4M-55.5%	$3.0M+350.9%	$676K-77.7%	$3.0M-62.4%	$8.1M-0.7%	$8.1M-24.8%	$10.8M+41.6%	$7.6M-8.3%	$8.3M0.0%	$8.3M
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$2.2M-2.0%	$2.2M	N/A	N/A	N/A

Metric	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K
Operating Cash Flow	$744K-55.3%	$1.3M+71.2%	$1.3M-11.4%	$2.3M+1181.8%	$1.7M-91.0%	$743K+29.7%	$1.5M+62.6%	$181K-77.5%
Depreciation & Amortization	$681K-7.7%	$724K-1.4%	$721K-0.3%	$770K+5.2%	$738K+0.4%	$734K-7.0%	$723K-0.3%	$732K-1.9%
Capital Expenditures	$202K+16.1%	$177K+110.7%	$72K-75.9%	$202K-62.9%	$174K-27.8%	$84K-45.1%	$299K-1.3%	$545K+300.7%
Free Cash Flow	$542K-63.7%	$1.1M+66.2%	$1.3M+4.4%	$2.1Mn/m	$1.5M-91.8%	$659K+56.9%	$1.2M+93.3%	-$364K-154.6%
Investing Cash Flow	$4.9M-32.9%	-$4.1M-2612.8%	$911K-50.8%	$2.2Mn/m	$7.3Mn/m	$164Kn/m	$1.9M-75.0%	-$12.7Mn/m
Financing Cash Flow	-$3.0Mn/m	-$1.5Mn/m	-$1.7Mn/m	-$1.4Mn/m	-$6.6Mn/m	-$1.3Mn/m	-$6.2Mn/m	-$2.0Mn/m
Dividends Paid	$748K+25.1%	$747K+25.1%	$747K-85.7%	$748K+100.0%	$598K+60.3%	$597K+60.5%	$5.2M+1304.3%	$374K-83.3%

Not reported in any period shown, so not listed: Stock-Based Compensation, Share Buybacks.

FREVS Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

FREVS quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Margin	51.7%-0.8pp	52.5%+0.7pp	51.8%+0.7pp	51.1%+24.2pp	26.9%+19.7pp	7.1%-24.1pp	31.2%-2.0pp	33.3%+10.1pp	23.2%-8.3pp	31.5%+0.8pp	30.7%-5.1pp	35.8%-1.3pp	37.1%+2.6pp	34.5%-6.8pp	41.3%
Net Margin	12.0%-43.3pp	55.3%+52.6pp	2.7%	147.1%	1.8%-37.1pp	39.0%+36.0pp	3.0%+0.4pp	2.6%-22.8pp	25.4%+18.9pp	6.5%+0.6pp	5.9%-21.6pp	27.5%+9.4pp	18.0%-7.2pp	25.2%+12.6pp	12.6%
Return on Equity	10.3%-37.2pp	47.5%+44.4pp	3.1%-174.4pp	177.5%+175.0pp	2.5%-56.4pp	58.9%+47.5pp	11.4%+4.5pp	6.9%-66.6pp	73.5%-32.5pp	106.0%+71.2pp	34.9%-39.2pp	74.1%+24.0pp	50.1%-14.5pp	64.6%+25.8pp	38.8%
Return on Assets	2.3%-7.4pp	9.8%+9.3pp	0.5%-25.3pp	25.7%+25.5pp	0.3%-5.5pp	5.8%+5.3pp	0.5%+0.1pp	0.4%-3.1pp	3.5%+2.7pp	0.8%+0.1pp	0.8%-3.1pp	3.9%+0.8pp	3.0%-1.6pp	4.7%+2.5pp	2.2%
Debt-to-Equity	3.55	N/A	5.59+0.3x	5.33-2.9x	8.20-0.6x	8.75-13.5x	22.27+6.1x	16.15-1.9x	18.03-97.4x	115.45+75.1x	40.40+24.6x	15.76+2.3x	13.41	N/A	N/A
Liabilities-to-Equity	3.65-0.4x	4.08-1.7x	5.74-0.2x	5.94-2.6x	8.59-0.7x	9.29-14.5x	23.84+6.7x	17.11-2.2x	19.31-105.1x	124.39+80.5x	43.86+26.6x	17.28+2.5x	14.83+2.5x	12.31-3.6x	15.93
Asset Turnover	0.200.0x	0.180.0x	0.180.0x	0.180.0x	0.150.0x	0.150.0x	0.150.0x	0.150.0x	0.140.0x	0.130.0x	0.130.0x	0.140.0x	0.170.0x	0.190.0x	0.18
FCF Margin	18.7%-47.3pp	66.0%+61.1pp	4.9%-13.5pp	18.4%-2.1pp	20.4%+17.0pp	3.5%-15.7pp	19.2%+5.7pp	13.5%+26.3pp	-12.7%-8.7pp	-4.0%-21.6pp	17.6%-2.7pp	20.3%+0.2pp	20.1%-4.3pp	24.4%-7.1pp	31.6%

Metric	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K
Operating Margin	51.6%+0.9pp	50.0%-2.7pp	50.9%+2.0pp	N/A	50.6%-3.3pp	52.6%+0.9pp	49.0%-1.3pp	N/A
Net Margin	267.5%	8.1%-4.3pp	12.6%+4.1pp	14.9%+0.5pp	12.1%	12.3%+5.0pp	8.5%+15.8pp	14.3%+5.2pp
Return on Equity	37.6%+35.0pp	1.8%-0.9pp	2.8%+0.9pp	3.3%+0.2pp	2.6%-36.7pp	2.7%+0.4pp	1.8%+4.1pp	3.1%+0.4pp
Return on Assets	12.2%+11.6pp	0.4%-0.2pp	0.6%+0.2pp	0.8%+0.1pp	0.6%-8.4pp	0.6%+0.2pp	0.4%+0.7pp	0.6%+0.2pp
Debt-to-Equity	2.13	3.50	3.52	3.55	N/A	N/A	N/A	N/A
Liabilities-to-Equity	2.20-1.5x	3.61-0.3x	3.61-0.3x	3.65-0.4x	3.70+0.2x	3.90-1.7x	3.94-1.8x	4.08-1.7x
Asset Turnover	0.050.0x	0.050.0x	0.050.0x	0.050.0x	0.050.0x	0.050.0x	0.050.0x	0.040.0x
FCF Margin	7.2%-13.4pp	14.3%+5.3pp	17.0%+0.2pp	28.1%+33.1pp	20.6%	9.1%+3.3pp	16.8%+7.8pp	-5.0%-14.3pp

Not reported in any period shown, so not listed: Gross Margin, Current Ratio.

Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Net Margin.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it. Market cap is stated at each company's latest close.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
First Real EST Inv TR NJ FREVS	FY2025	$29.3M	$3.5M	12.0%	$140.1M	—
NewLake Cap Partners Inc NLCP	FY2025	$51.1M	$26.3M	51.5%	$290.8M	—
Stratus Pptys Inc STRS	FY2025	$29.9M	$12.0M	40.1%	$135.7M	—
Nam Tai Property Inc NTPIF	FY2025	$48.0M	$110K	0.2%	$262.3M	—

Where First Real EST Inv TR NJ Ranks

Frequently Asked Questions

First Real EST Inv TR NJ (FREVS) reported $29.3M in total revenue for fiscal year 2025. This represents a 2.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

First Real EST Inv TR NJ (FREVS) revenue grew by 2.2% year-over-year, from $28.7M to $29.3M in fiscal year 2025.

Yes, First Real EST Inv TR NJ (FREVS) reported a net income of $22.8M over the trailing 12 months to July 31, 2026. In fiscal year 2025 it reported a net income of $3.5M, with a net profit margin of 12.0%.

First Real EST Inv TR NJ (FREVS) had EBITDA of $18.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

As of fiscal year 2025, First Real EST Inv TR NJ (FREVS) had $17.9M in cash and equivalents against $120.8M in long-term debt.

First Real EST Inv TR NJ (FREVS) had an operating margin of 51.7% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

First Real EST Inv TR NJ (FREVS) had a net profit margin of 12.0% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Yes, First Real EST Inv TR NJ (FREVS) paid $0.36 per share in dividends during fiscal year 2025.

First Real EST Inv TR NJ (FREVS) has a return on equity of 10.3% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

First Real EST Inv TR NJ (FREVS) generated $5.5M in free cash flow during fiscal year 2025. This represents a -71.0% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

First Real EST Inv TR NJ (FREVS) generated $6.2M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

First Real EST Inv TR NJ (FREVS) had $149.9M in total assets as of fiscal year 2025, including both current and long-term assets.

First Real EST Inv TR NJ (FREVS) invested $759K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

First Real EST Inv TR NJ (FREVS) had 7M shares outstanding as of fiscal year 2025.

First Real EST Inv TR NJ (FREVS) had a debt-to-equity ratio of 3.55 as of fiscal year 2025. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.

First Real EST Inv TR NJ (FREVS) had a liabilities-to-equity ratio of 3.65 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.

First Real EST Inv TR NJ (FREVS) had a return on assets of 2.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

First Real EST Inv TR NJ (FREVS) trades at 6.1x earnings, its market capitalization divided by $22.8M net income, trailing 12 months to July 31, 2026. The market capitalization is $140.1M as of Nov 4, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

First Real EST Inv TR NJ (FREVS) trades at 4.6x sales, its market capitalization divided by $30.2M revenue, trailing 12 months to July 31, 2026. The market capitalization is $140.1M as of Nov 4, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

First Real EST Inv TR NJ (FREVS) has a Piotroski F-Score of 4 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

First Real EST Inv TR NJ (FREVS) has an earnings quality ratio of 1.78x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

First Real EST Inv TR NJ (FREVS) has an interest coverage ratio of 2.08x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

First Real EST Inv TR NJ (FREVS) Financials

Property operations stayed stable, but FY2024’s profit spike reversed while debt declined and cash generation normalized.

Financial Health Signals

Key Financial Metrics

Earnings & Revenue

Cash & Balance Sheet

Margins & Returns

Capital Allocation

FREVS Income Statement

FREVS Balance Sheet

FREVS Cash Flow Statement

FREVS Financial Ratios

Similar Companies

Where First Real EST Inv TR NJ Ranks

Frequently Asked Questions

What is First Real EST Inv TR NJ's annual revenue?

How fast is First Real EST Inv TR NJ's revenue growing?

Is First Real EST Inv TR NJ profitable?

What is First Real EST Inv TR NJ's earnings per share (EPS)?

What is First Real EST Inv TR NJ's EBITDA?

How much debt does First Real EST Inv TR NJ have?

What is First Real EST Inv TR NJ's operating margin?

What is First Real EST Inv TR NJ's net profit margin?

Does First Real EST Inv TR NJ pay dividends?

What is First Real EST Inv TR NJ's return on equity (ROE)?

What is First Real EST Inv TR NJ's free cash flow?

What is First Real EST Inv TR NJ's operating cash flow?

What are First Real EST Inv TR NJ's total assets?

What are First Real EST Inv TR NJ's capital expenditures?

How many shares does First Real EST Inv TR NJ have outstanding?

What is First Real EST Inv TR NJ's debt-to-equity ratio?

What is First Real EST Inv TR NJ's liabilities-to-equity ratio?

What is First Real EST Inv TR NJ's return on assets (ROA)?

What is First Real EST Inv TR NJ's P/E ratio?

What is First Real EST Inv TR NJ's price-to-sales ratio?

What is First Real EST Inv TR NJ's Piotroski F-Score?

Are First Real EST Inv TR NJ's earnings high quality?

Can First Real EST Inv TR NJ cover its interest payments?