Mesabi Trust (MSB) Gross Profit (2017 - 2026)
Mesabi Trust's (MSB) quarterly Gross Profit came in at $1.1 million in Q2 2026, down 70.05% YoY from $3.6 million in Q2 2025, and down 60.11% on a QoQ basis from $2.7 million in Q1 2026.
Mesabi Trust (MSB) Gross Profit (2017 - 2026) Analysis & Trends
Mesabi Trust (MSB) has 10 years of Gross Profit data on file, last reported at $1.1 million in Q2 2026.
- Quarterly Gross Profit fell 70.05% year-over-year to $1.1 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $11.3 million (down 87.88% YoY) and the FY2026 annual result came in at $13.9 million, down 85.13% from the prior year.
- Gross Profit slipped to $1.1 million in Q2 2026, from $2.7 million in the prior quarter.
- In the past five years, Gross Profit ranged from a high of $78.3 million in Q4 2024 to a low of -$413692.0 in Q4 2022.
- A 5-year average of $9.1 million and a median of $4.0 million in 2022 frame the typical range for Gross Profit.
- Annual changes were most pronounced in 2022 — Gross Profit slumped 102.59% — and 2024, when it surged 1816.89%.
- Tracing MSB's Gross Profit over 5 years: stood at -$413692.0 in 2022, then surged by 1087.71% to $4.1 million in 2023, then surged by 1816.89% to $78.3 million in 2024, then plunged by 96.47% to $2.8 million in 2025, then plunged by 60.71% to $1.1 million in 2026.
- The last three Gross Profit figures came in at $1.1 million (Q2 2026), $2.7 million (Q1 2026), and $2.8 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 |
| 10 | Mesabi Trust | 299.14 Mn | 278.85 Mn | 1.09 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 1.09 Mn |
| Apr 30, 2026 | 1.09 Mn |
| Jan 31, 2026 | 2.73 Mn |
| Jan 31, 2026 | 2.73 Mn |
| Oct 31, 2025 | 2.77 Mn |
| Oct 31, 2025 | 2.77 Mn |
| Jul 31, 2025 | 4.74 Mn |
| Jul 31, 2025 | 4.74 Mn |
| Apr 30, 2025 | 3.63 Mn |
| Apr 30, 2025 | 3.63 Mn |
| Jan 31, 2025 | 6.07 Mn |
| Jan 31, 2025 | 6.07 Mn |
| Oct 31, 2024 | 78.33 Mn |
| Oct 31, 2024 | 78.33 Mn |
| Jul 31, 2024 | 5.40 Mn |
| Jul 31, 2024 | 5.40 Mn |
| Apr 30, 2024 | 3.48 Mn |
| Apr 30, 2024 | 3.48 Mn |
| Jan 31, 2024 | 4.69 Mn |
| Jan 31, 2024 | 4.69 Mn |