Mesabi Trust (MSB) Change in Intangibles (2010 - 2026)
Mesabi Trust's (MSB) quarterly Change in Intangibles came in at $1.6 million in Q2 2026, down 33.04% YoY from $2.4 million in Q2 2025, and down 67.12% on a QoQ basis from $4.9 million in Q1 2026.
Mesabi Trust (MSB) Change in Intangibles (2010 - 2026) Analysis & Trends
Mesabi Trust (MSB) has 17 years of Change in Intangibles data on file, last reported at $1.6 million in Q2 2026.
- Quarterly Change in Intangibles fell 33.04% year-over-year to $1.6 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $15.9 million (down 34.12% YoY) and the FY2026 annual result came in at $16.7 million, down 37.61% from the prior year.
- Change in Intangibles slipped to $1.6 million in Q2 2026, from $4.9 million in the prior quarter.
- In the past five years, Change in Intangibles ranged from a high of $20.9 million in Q1 2022 to a low of $1.6 million in Q2 2026.
- A 5-year average of $6.7 million and a median of $5.3 million in 2024 frame the typical range for Change in Intangibles.
- The widest YoY moves for Change in Intangibles: up 113.6% in 2022, down 88.13% in 2022.
- Tracing MSB's Change in Intangibles over 5 years: stood at $2.3 million in 2022, then soared by 144.76% to $5.7 million in 2023, then rose by 29.82% to $7.4 million in 2024, then sank by 45.55% to $4.0 million in 2025, then sank by 59.42% to $1.6 million in 2026.
- The last three Change in Intangibles figures came in at $1.6 million (Q2 2026), $4.9 million (Q1 2026), and $4.0 million (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Intangibles (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 | -84.49 Mn |
| 10 | Mesabi Trust | 299.14 Mn | 278.85 Mn | 1.09 Mn | 1.63 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 1.63 Mn |
| Apr 30, 2026 | 1.63 Mn |
| Jan 31, 2026 | 4.94 Mn |
| Jan 31, 2026 | 4.94 Mn |
| Oct 31, 2025 | 4.01 Mn |
| Oct 31, 2025 | 4.01 Mn |
| Jul 31, 2025 | 5.30 Mn |
| Jul 31, 2025 | 5.30 Mn |
| Apr 30, 2025 | 2.43 Mn |
| Apr 30, 2025 | 2.43 Mn |
| Jan 31, 2025 | 8.99 Mn |
| Jan 31, 2025 | 8.99 Mn |
| Oct 31, 2024 | 7.36 Mn |
| Oct 31, 2024 | 7.36 Mn |
| Jul 31, 2024 | 5.33 Mn |
| Jul 31, 2024 | 5.33 Mn |
| Apr 30, 2024 | 5.06 Mn |
| Apr 30, 2024 | 5.06 Mn |
| Jan 31, 2024 | 6.43 Mn |
| Jan 31, 2024 | 6.43 Mn |