Mesabi Trust (MSB) Accumulated Expenses (2011 - 2026)

Mesabi Trust (MSB) recorded quarterly Accumulated Expenses of $3.4 million in Q1 2026, down 23.53% on a QoQ basis from $4.5 million in Q4 2025, and up 913.2% year-over-year from $336675.0 in Q1 2025.

Mesabi Trust (MSB) Accumulated Expenses (2011 - 2026) Analysis & Trends

Mesabi Trust has disclosed Accumulated Expenses across 16 years of filings, most recently posting $3.4 million for Q1 2026.

  • Quarterly Accumulated Expenses rose 913.2% year-over-year to $3.4 million in Q1 2026, while the trailing twelve-month figure through Jan 2026 was $3.4 million (up 913.2% YoY) and the FY2026 annual result came in at $3.4 million, up 913.2% from the prior year.
  • Accumulated Expenses slipped to $3.4 million in Q1 2026, from $4.5 million in the prior quarter.
  • Over five years, Accumulated Expenses peaked at $23.0 million in Q1 2022 and troughed at $215479.0 in Q2 2023.
  • A 5-year average of $3.8 million and a median of $1.6 million in 2025 frame the typical range for Accumulated Expenses.
  • Annual changes were most pronounced in 2022 — Accumulated Expenses surged 5250.22% — and 2023, when it sank 98.34%.
  • Tracing MSB's Accumulated Expenses over 5 years: stood at $4.6 million in 2022, then sank by 93.85% to $282240.0 in 2023, then jumped by 1712.93% to $5.1 million in 2024, then fell by 12.82% to $4.5 million in 2025, then slipped by 23.53% to $3.4 million in 2026.
  • Business Quant data shows MSB's Accumulated Expenses at $3.4 million in Q1 2026, $4.5 million in Q4 2025, and $1.6 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Ternium 94.27 Bn 84.31 Bn 686.87 Mn
2 Nucor 58.23 Bn 56.84 Bn 1.50 Bn
3 ArcelorMittal 51.15 Bn 48.81 Bn -
4 Steel Dynamics 38.88 Bn 38.02 Bn 763.22 Mn
5 Reliance 20.36 Bn 20.12 Bn 1.17 Bn
6 Cleveland-Cliffs 7.71 Bn 7.86 Bn -82.00 Mn
7 Algoma Steel 2.77 Bn 2.77 Bn -92.32
8 National Steel 2.24 Bn -552.84 Mn 479.33 Mn
9 Worthington Steel 2.07 Bn 2.07 Bn 76.10 Mn
10 Mesabi Trust 322.62 Mn 299.46 Mn 2.73 Mn

Historic Data

Download Data
DateValue
Jan 31, 2026 3.41 Mn
Oct 31, 2025 4.46 Mn
Jul 31, 2025 1.57 Mn
Apr 30, 2025 469,644.00
Jan 31, 2025 336,675.00
Oct 31, 2024 5.12 Mn
Jul 31, 2024 3.94 Mn
Apr 30, 2024 672,224.00
Jan 31, 2024 4.85 Mn
Oct 31, 2023 282,240.00
Jul 31, 2023 256,434.00
Apr 30, 2023 215,479.00
Jan 31, 2023 380,960.00
Oct 31, 2022 4.59 Mn
Jul 31, 2022 11.02 Mn
Apr 30, 2022 299,082.00
Jan 31, 2022 22.96 Mn
Oct 31, 2021 18.63 Mn
Jul 31, 2021 205,988.00
Apr 30, 2021 11.68 Mn