Mesabi Trust (MSB) Operating Income (2017 - 2026)
Mesabi Trust's (MSB) quarterly Operating Income 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) Operating Income (2017 - 2026) Analysis & Trends
Mesabi Trust (MSB) has 10 years of Operating Income data on file, last reported at $1.1 million in Q2 2026.
- Quarterly Operating Income 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.
- Operating Income slipped to $1.1 million in Q2 2026, from $2.7 million in the prior quarter.
- In the past five years, Operating Income 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 Operating Income.
- Annual changes were most pronounced in 2022 — Operating Income slumped 102.59% — and 2024, when it surged 1816.89%.
- Tracing MSB's Operating Income 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 Operating Income 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) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 106.22 Bn | 96.33 Bn | 941.02 Mn | 1.37 Bn |
| 2 | Nucor | 55.03 Bn | 52.34 Bn | 2.03 Bn | 1.63 Bn |
| 3 | ArcelorMittal | 54.04 Bn | 49.19 Bn | - | - |
| 4 | Steel Dynamics | 31.61 Bn | 31.03 Bn | 958.97 Mn | 700.48 Mn |
| 5 | Reliance | 19.53 Bn | 19.29 Bn | 1.30 Bn | 441.60 Mn |
| 6 | Cleveland-Cliffs | 6.15 Bn | 6.08 Bn | 132.00 Mn | -49.00 Mn |
| 7 | Gerdau | 5.42 Bn | 4.28 Bn | 558.98 Mn | 623.80 Mn |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.56 Bn | 3.00 Bn | - | - |
| 9 | Posco Holdings | 4.34 Bn | 1.84 Bn | 1.04 Bn | 143.68 Mn |
| 10 | Mesabi Trust | 303.33 Mn | 283.05 Mn | 1.09 Mn | 1.09 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 1.09 Mn |
| 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 |