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| Date | Value |
|---|---|
| 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 |