Mesabi Trust (MSB) Accumulated Expenses (2011 - 2026)
Mesabi Trust (MSB) reported Accumulated Expenses of $1.6 million for fiscal Q2 2027 (quarter ended Jul 31, 2026), up 279.2% from $421,058 a year earlier and up 270.1% from the prior quarter.
Mesabi Trust (MSB) Accumulated Expenses (2011 - 2026) Analysis & Trends
At the end of FY2026 (ended Jan 31, 2026), Mesabi Trust posted Accumulated Expenses of $542,250, up 61.1% from FY2025.
- Accumulated Expenses has a five-year compound annual growth rate of 5.4% (FY2021 to FY2026).
- By fiscal year, Accumulated Expenses came in at $336,675 in FY2025 (-60.9%), $860,802 in FY2024 (+126.0%), $380,960 in FY2023 (+140.4%) and $158,443 in FY2022 (-62.0%).
- The fiscal Q2 2027 figure ranks as the highest quarterly Accumulated Expenses in data going back to fiscal Q4 2011.
- Year over year, Accumulated Expenses gained in four of the last eight quarters, with growth averaging 54.4%.
- The high point for year-over-year Accumulated Expenses in five years was fiscal Q2 2027 (growth of 279.2%); the low point was fiscal Q4 2022 (a decline of 62.0%).
- Per Business Quant data, the three fiscal quarters before Q2 2027 came in at $431,421 (Q1 2027), $542,250 (Q4 2026) and $450,538 (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rio Tinto | 181.90 Bn | 148.03 Bn | - |
| 2 | Southern Copper | 169.19 Bn | 148.06 Bn | 2.90 Bn |
| 3 | Newmont | 121.55 Bn | 89.73 Bn | 4.03 Bn |
| 4 | Ternium | 108.92 Bn | 73.97 Bn | 941.02 Mn |
| 5 | Freeport-Mcmoran | 100.46 Bn | 96.62 Bn | 2.19 Bn |
| 6 | Agnico Eagle Mines | 91.62 Bn | 91.62 Bn | 2.43 Bn |
| 7 | Barrick Mining | 68.12 Bn | 52.86 Bn | 2.90 Bn |
| 8 | Nucor | 53.04 Bn | 43.58 Bn | 2.03 Bn |
| 9 | ArcelorMittal | 50.74 Bn | 31.77 Bn | - |
| 10 | Mesabi Trust | 253.22 Mn | 169.19 Mn | -95,013.00 |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 1.60 Mn |
| Apr 30, 2026 | 431,421.00 |
| Jan 31, 2026 | 542,250.00 |
| Oct 31, 2025 | 450,538.00 |
| Jul 31, 2025 | 421,058.00 |
| Apr 30, 2025 | 469,644.00 |
| Jan 31, 2025 | 336,675.00 |
| Oct 31, 2024 | 225,484.00 |
| Jul 31, 2024 | 196,709.00 |
| Apr 30, 2024 | 672,224.00 |
| Jan 31, 2024 | 860,802.00 |
| 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 | 296,066.00 |
| Jul 31, 2022 | 210,755.00 |
| Apr 30, 2022 | 299,082.00 |
| Jan 31, 2022 | 158,443.00 |
| Oct 31, 2021 | 162,685.00 |
Mesabi Trust Accumulated Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=MSB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-expenses", "ticker": "MSB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=MSB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();