Mesabi Trust (MSB) Net Income (2017 - 2026)

Mesabi Trust (MSB) recorded quarterly Net Income 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) Net Income (2017 - 2026) Analysis & Trends

Mesabi Trust has disclosed Net Income across 10 years of filings, most recently posting $2.7 million for Q1 2026.

  • Quarterly Net Income 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.
  • Net Income declined to $2.7 million in Q1 2026, from $2.8 million in the prior quarter.
  • Over five years, Net Income 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 Net Income.
  • Annual changes were most pronounced in 2022 — Net Income slumped 102.59% — and 2024, when it surged 1816.89%.
  • Tracing MSB's Net Income 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 Net Income 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) Net Income (Qtr)
1 Ternium 94.27 Bn 84.31 Bn 686.87 Mn 279.44 Mn
2 Nucor 58.23 Bn 56.84 Bn 1.50 Bn 870.00 Mn
3 ArcelorMittal 51.15 Bn 48.81 Bn - 889.00 Mn
4 Steel Dynamics 38.88 Bn 38.02 Bn 763.22 Mn 400.11 Mn
5 Reliance 20.36 Bn 20.12 Bn 1.17 Bn 265.60 Mn
6 Cleveland-Cliffs 7.71 Bn 7.86 Bn -82.00 Mn -3.00 Mn
7 Algoma Steel 2.77 Bn 2.77 Bn -92.32 116.24
8 National Steel 2.24 Bn -552.84 Mn 479.33 Mn -218.97 Mn
9 Worthington Steel 2.07 Bn 2.07 Bn 76.10 Mn 10.80 Mn
10 Mesabi Trust 322.62 Mn 299.46 Mn 2.73 Mn 2.73 Mn

Historic Data

Download Data
DateValue
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