Mesabi Trust MSB
NYSE MSB
$23.50 +0.01 (+0.04%)
As of: Sep 9, 2026 · 3:54 PM EDT

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

Historic Data

Download Data
DateValue
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%