Mesabi Trust (MSB) EBIT (2017 - 2026)
Mesabi Trust (MSB) recorded quarterly EBIT of $2.7 million in Q1 2026, down 1.49% on a QoQ basis from $2.8 million in Q4 2025, and down 55.07% year-over-year from $6.1 million in Q1 2025.
Mesabi Trust (MSB) EBIT (2017 - 2026) Analysis & Trends
Mesabi Trust has disclosed EBIT across 10 years of filings, most recently posting $2.7 million for Q1 2026.
- Quarterly EBIT fell 55.07% year-over-year to $2.7 million in Q1 2026, while the trailing twelve-month figure through Jan 2026 was $13.9 million (down 85.13% YoY) and the FY2026 annual result came in at $13.9 million, down 85.13% from the prior year.
- EBIT declined to $2.7 million in Q1 2026, from $2.8 million in the prior quarter.
- Over five years, EBIT peaked at $78.3 million in Q4 2024 and troughed at -$413692.0 in Q4 2022.
- A 5-year average of $9.5 million and a median of $4.1 million in 2023 frame the typical range for EBIT.
- Annual changes were most pronounced in 2022 — EBIT slumped 102.59% — and 2024, when it surged 1816.89%.
- Tracing MSB's EBIT over 5 years: stood at -$413692.0 in 2022, then jumped by 1087.71% to $4.1 million in 2023, then jumped by 1816.89% to $78.3 million in 2024, then slumped by 96.47% to $2.8 million in 2025, then dropped by 1.49% to $2.7 million in 2026.
- Business Quant data shows MSB's EBIT at $2.7 million in Q1 2026, $2.8 million in Q4 2025, and $4.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 94.27 Bn | 84.31 Bn | 686.87 Mn | 290.07 Mn |
| 2 | Nucor | 58.23 Bn | 56.84 Bn | 1.50 Bn | 1.12 Bn |
| 3 | ArcelorMittal | 51.15 Bn | 48.81 Bn | - | 753.00 Mn |
| 4 | Steel Dynamics | 38.88 Bn | 38.02 Bn | 763.22 Mn | 538.00 Mn |
| 5 | Reliance | 20.36 Bn | 20.12 Bn | 1.17 Bn | 367.90 Mn |
| 6 | Cleveland-Cliffs | 7.71 Bn | 7.86 Bn | -82.00 Mn | -213.00 Mn |
| 7 | Algoma Steel | 2.77 Bn | 2.77 Bn | -92.32 | -111.93 |
| 8 | National Steel | 2.24 Bn | -552.84 Mn | 479.33 Mn | 902.73 Mn |
| 9 | Worthington Steel | 2.07 Bn | 2.07 Bn | 76.10 Mn | 3.10 Mn |
| 10 | Mesabi Trust | 322.62 Mn | 299.46 Mn | 2.73 Mn | 2.73 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 2.73 Mn |
| Oct 31, 2025 | 2.77 Mn |
| Jul 31, 2025 | 4.74 Mn |
| Apr 30, 2025 | 3.63 Mn |
| Jan 31, 2025 | 6.07 Mn |
| Oct 31, 2024 | 78.33 Mn |
| Jul 31, 2024 | 5.40 Mn |
| Apr 30, 2024 | 3.48 Mn |
| Jan 31, 2024 | 4.69 Mn |
| Oct 31, 2023 | 4.09 Mn |
| Jul 31, 2023 | 9.18 Mn |
| Apr 30, 2023 | 1.02 Mn |
| Jan 31, 2023 | 1.33 Mn |
| Oct 31, 2022 | -413,692.00 |
| Jul 31, 2022 | 3.88 Mn |
| Apr 30, 2022 | 13.60 Mn |
| Jan 31, 2022 | 17.44 Mn |
| Oct 31, 2021 | 15.99 Mn |
| Jul 31, 2021 | 26.76 Mn |
| Apr 30, 2021 | 8.57 Mn |