Mesabi Trust (MSB) Net Margin (2010 - 2026)
Mesabi Trust's Net Margin was -3.83% in fiscal Q2 2027 (quarter ended Jul 31, 2026), down 88.44 percentage points from 84.61% a year earlier and down 52.25 percentage points from the prior quarter.
Mesabi Trust (MSB) Net Margin (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Mesabi Trust's Net Margin was 54.47% through Jul 31, 2026, down 41.97 percentage points year-over-year; for FY2026 (ended Jan 31, 2026), it was 79.14%, down 15.46 percentage points from FY2025.
- Net Margin shows a five-year change of -11.06 percentage points (FY2021 to FY2026).
- In earlier fiscal years, Net Margin was 94.60% in FY2025 (+11.57 pp), 83.03% in FY2024 (+14.46 pp), 68.58% in FY2023 (-27.65 pp) and 96.23% in FY2022 (+6.03 pp).
- The fiscal Q2 2027 figure marks the lowest quarterly Net Margin since fiscal Q4 2023.
- Compared with a year earlier, Net Margin has declined for four straight quarters, with an average year-over-year change of -12.52 percentage points over the last eight quarters.
- The best year-over-year quarter for Net Margin over five years was fiscal Q3 2024 (a gain of 571.99 percentage points); the worst was fiscal Q3 2023 (a drop of 586.30 percentage points).
- Per Business Quant data, MSB's Net Margin in the three fiscal quarters before Q2 2027 was 48.42% (Q1 2027), 75.90% (Q4 2026) and 77.08% (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 179.45 Bn | 145.58 Bn | - | - |
| 2 | Southern Copper | 169.08 Bn | 147.94 Bn | 2.90 Bn | 38.94% |
| 3 | Newmont | 122.31 Bn | 90.49 Bn | 4.03 Bn | 35.99% |
| 4 | Ternium | 109.20 Bn | 74.25 Bn | 941.02 Mn | 7.92% |
| 5 | Freeport-Mcmoran | 103.31 Bn | 99.46 Bn | 2.19 Bn | 14.00% |
| 6 | Agnico Eagle Mines | 92.04 Bn | 92.04 Bn | 2.43 Bn | - |
| 7 | Barrick Mining | 68.84 Bn | 53.58 Bn | 2.90 Bn | 35.75% |
| 8 | Nucor | 55.48 Bn | 46.02 Bn | 2.03 Bn | 11.12% |
| 9 | ArcelorMittal | 53.16 Bn | 34.19 Bn | - | 12.31% |
| 10 | Mesabi Trust | 262.66 Mn | 178.64 Mn | -95,013.00 | -3.83% |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | -3.83% |
| 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 | -138.80% |
| Oct 31, 2022 | -488.53% |
| Jul 31, 2022 | -111.23% |
| Apr 30, 2022 | 95.77% |
| Jan 31, 2022 | 97.15% |
| Oct 31, 2021 | 97.77% |
Mesabi Trust Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=MSB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "MSB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=MSB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();