Mesabi Trust (MSB) Accumulated Expenses (2011 - 2026)
Mesabi Trust's (MSB) quarterly Accumulated Expenses came in at $431421.0 in Q2 2026, down 94.13% YoY from $7.3 million in Q2 2025, and down 87.35% on a QoQ basis from $3.4 million in Q1 2026.
Mesabi Trust (MSB) Accumulated Expenses (2011 - 2026) Analysis & Trends
Mesabi Trust (MSB) has 16 years of Accumulated Expenses data on file, last reported at $431421.0 in Q2 2026.
- Quarterly Accumulated Expenses fell 94.13% year-over-year to $431421.0 in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $431421.0 (down 94.13% YoY) and the FY2026 annual result came in at $3.4 million, down 95.63% from the prior year.
- Accumulated Expenses declined to $431421.0 in Q2 2026, from $3.4 million in the prior quarter.
- In the past five years, Accumulated Expenses ranged from a high of $78.1 million in Q1 2025 to a low of $158443.0 in Q1 2022.
- A 5-year average of $8.0 million and a median of $3.9 million in 2024 frame the typical range for Accumulated Expenses.
- Annual changes were most pronounced in 2022 — Accumulated Expenses surged 5250.22% — and 2023, when it plunged 98.42%.
- Tracing MSB's Accumulated Expenses over 5 years: stood at $4.6 million in 2022, then changed by 0.0% to $4.6 million in 2023, then grew by 11.43% to $5.1 million in 2024, then plunged by 91.19% to $450538.0 in 2025, then declined by 4.24% to $431421.0 in 2026.
- The last three Accumulated Expenses figures came in at $431421.0 (Q2 2026), $3.4 million (Q1 2026), and $450538.0 (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Ternium | 108.84 Bn | 98.95 Bn | 941.02 Mn |
| 2 | Nucor | 55.75 Bn | 53.05 Bn | 2.03 Bn |
| 3 | ArcelorMittal | 54.97 Bn | 50.12 Bn | - |
| 4 | Steel Dynamics | 32.99 Bn | 32.40 Bn | 958.97 Mn |
| 5 | Reliance | 19.82 Bn | 19.59 Bn | 1.30 Bn |
| 6 | Cleveland-Cliffs | 6.46 Bn | 6.39 Bn | 132.00 Mn |
| 7 | Gerdau | 5.42 Bn | 4.28 Bn | 558.98 Mn |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.53 Bn | 2.97 Bn | - |
| 9 | Posco Holdings | 4.32 Bn | 1.83 Bn | 1.04 Bn |
| 10 | Mesabi Trust | 299.14 Mn | 278.85 Mn | 1.09 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 431,421.00 |
| Jan 31, 2026 | 3.41 Mn |
| Oct 31, 2025 | 450,538.00 |
| Jul 31, 2025 | 1.57 Mn |
| Apr 30, 2025 | 7.35 Mn |
| Jan 31, 2025 | 78.06 Mn |
| Oct 31, 2024 | 5.12 Mn |
| Jul 31, 2024 | 3.94 Mn |
| Apr 30, 2024 | 3.80 Mn |
| Jan 31, 2024 | 4.85 Mn |
| Oct 31, 2023 | 4.59 Mn |
| 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 | 13.64 Mn |
| Jan 31, 2022 | 158,443.00 |
| Oct 31, 2021 | 162,685.00 |
| Jul 31, 2021 | 205,988.00 |