Mesabi Trust (MSB) Gross Margin (2017 - 2026)
Mesabi Trust's (MSB) quarterly Gross Margin came in at 48.42% in Q2 2026, down 2828.0% on a YoY basis from 1.77% in Q2 2025, and down 36.2% quarter-over-quarter from 75.9% in Q1 2026.
Analysis
Mesabi Trust (MSB) Gross Margin (2017 - 2026) Analysis & Trends
Mesabi Trust (MSB) has reported Gross Margin for 10 consecutive years, with 48.42% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin fell 2828.0% year-over-year to 48.42%; the trailing twelve-month figure through Apr 2026 stood at 75.32% (down 2091.0% YoY), and the FY2026 full-year result was 79.14%, down 1546.0% from the prior year.
- Gross Margin slipped to 48.42% in Q2 2026 per MSB's latest filing, from 75.9% in the prior quarter.
- Across five years, Gross Margin topped out at 99.14% in Q4 2024 and bottomed at 488.53% in Q4 2022.
- Historically, Gross Margin has averaged 47.26% across 5 years, with a median of 80.13% in 2024.
- The sharpest annual moves came in 2022 and 2023: Gross Margin plunged 58630 bps in 2022, then surged 57199 bps in 2023.
- Over 5 years, Gross Margin stood at 488.53% in 2022, then jumped by 117 bps to 83.46% in 2023, then rose by 19 bps to 99.14% in 2024, then decreased by 22 bps to 77.08% in 2025, then sank by 37 bps to 48.42% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 48.42%, 75.9%, and 77.08% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Mesabi Trust | 308.32 Mn | 288.04 Mn | 1.09 Mn | 48.42% |
| 2 | Atlas Critical Minerals | 9.77 Mn | 4.18 Mn | - | - |
| 3 | Avrupa Minerals | 1.29 Mn | 939,714.08 | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Apr 30, 2026 | 48.42% |
| Jan 31, 2026 | 75.90% |
| Oct 31, 2025 | 77.08% |
| Jul 31, 2025 | 84.61% |
| Apr 30, 2025 | 76.70% |
| Jan 31, 2025 | 88.53% |
| Oct 31, 2024 | 99.14% |
| Jul 31, 2024 | 83.17% |
| Apr 30, 2024 | 55.74% |
| Jan 31, 2024 | 75.32% |
| Oct 31, 2023 | 83.46% |
| Jul 31, 2023 | 92.86% |
| Apr 30, 2023 | 55.34% |
| Jan 31, 2023 | 61.20% |
| Oct 31, 2022 | -488.53% |
| Jul 31, 2022 | 88.77% |
| Apr 30, 2022 | 95.77% |
| Jan 31, 2022 | 97.15% |
| Oct 31, 2021 | 97.77% |
| Jul 31, 2021 | 96.44% |