Mesabi Trust (MSB) Asset Utilization Ratio (2011 - 2026)
Mesabi Trust (MSB) recorded quarterly Asset Utilization Ratio of 0.7 in Q1 2026, down 14.99% on a QoQ basis from 0.82 in Q4 2025, and down 28.56% year-over-year from 0.97 in Q1 2025.
Mesabi Trust (MSB) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
Mesabi Trust has disclosed Asset Utilization Ratio across 16 years of filings, most recently posting 0.7 for Q1 2026.
- Quarterly Asset Utilization Ratio fell 28.56% year-over-year to 0.7 in Q1 2026, while the trailing twelve-month figure through Jan 2026 was 0.7 (down 28.56% YoY) and the FY2026 annual result came in at 0.28, down 81.9% from the prior year.
- Asset Utilization Ratio declined to 0.7 in Q1 2026, from 0.82 in the prior quarter.
- Over five years, Asset Utilization Ratio peaked at 3.69 in Q3 2025 and troughed at 0.59 in Q2 2023.
- A 5-year average of 1.28 and a median of 1.05 in 2024 frame the typical range for Asset Utilization Ratio.
- Annual changes were most pronounced in 2023 — Asset Utilization Ratio sank 61.85% — and 2025, when it surged 296.72%.
- Tracing MSB's Asset Utilization Ratio over 5 years: stood at 1.79 in 2022, then slumped by 56.2% to 0.79 in 2023, then surged by 96.67% to 1.54 in 2024, then sank by 46.97% to 0.82 in 2025, then declined by 14.99% to 0.7 in 2026.
- Business Quant data shows MSB's Asset Utilization Ratio at 0.7 in Q1 2026, 0.82 in Q4 2025, and 3.69 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 94.27 Bn | 84.31 Bn | 686.87 Mn | 0.65 |
| 2 | Nucor | 58.23 Bn | 56.84 Bn | 1.50 Bn | 0.97 |
| 3 | ArcelorMittal | 51.15 Bn | 48.81 Bn | - | 0.63 |
| 4 | Steel Dynamics | 38.88 Bn | 38.02 Bn | 763.22 Mn | 1.15 |
| 5 | Reliance | 20.36 Bn | 20.12 Bn | 1.17 Bn | 1.40 |
| 6 | Cleveland-Cliffs | 7.71 Bn | 7.86 Bn | -82.00 Mn | 0.94 |
| 7 | Algoma Steel | 2.77 Bn | 2.77 Bn | -92.32 | 0.99 |
| 8 | National Steel | 2.24 Bn | -552.84 Mn | 479.33 Mn | - |
| 9 | Worthington Steel | 2.07 Bn | 2.07 Bn | 76.10 Mn | 1.50 |
| 10 | Mesabi Trust | 322.62 Mn | 299.46 Mn | 2.73 Mn | 0.70 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 0.70 |
| Oct 31, 2025 | 0.82 |
| Jul 31, 2025 | 3.69 |
| Apr 30, 2025 | 1.50 |
| Jan 31, 2025 | 0.97 |
| Oct 31, 2024 | 1.54 |
| Jul 31, 2024 | 0.93 |
| Apr 30, 2024 | 1.05 |
| Jan 31, 2024 | 0.87 |
| Oct 31, 2023 | 0.79 |
| Jul 31, 2023 | 0.77 |
| Apr 30, 2023 | 0.59 |
| Jan 31, 2023 | 1.44 |
| Oct 31, 2022 | 1.79 |
| Jul 31, 2022 | 1.49 |
| Apr 30, 2022 | 1.55 |
| Jan 31, 2022 | 1.31 |
| Oct 31, 2021 | 1.34 |
| Jul 31, 2021 | 1.56 |
| Apr 30, 2021 | 1.32 |