Mesabi Trust (MSB) Retained Earnings (2011 - 2026)
Mesabi Trust's (MSB) quarterly Retained Earnings came in at $18.3 million in Q2 2026, down 6.48% on a YoY basis from $19.6 million in Q2 2025, and down 10.1% quarter-over-quarter from $20.4 million in Q1 2026.
Analysis
Mesabi Trust (MSB) Retained Earnings (2011 - 2026) Analysis & Trends
Mesabi Trust (MSB) has reported Retained Earnings for 16 consecutive years, with $18.3 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Retained Earnings fell 6.48% year-over-year to $18.3 million; the trailing twelve-month figure through Apr 2026 stood at $18.3 million (down 6.48% YoY), and the FY2026 full-year result was $20.4 million, down 12.54% from the prior year.
- Retained Earnings retreated to $18.3 million in Q2 2026 per MSB's latest filing, from $20.4 million in the prior quarter.
- Across five years, Retained Earnings topped out at $95.3 million in Q4 2024 and bottomed at $11.4 million in Q1 2023.
- Historically, Retained Earnings has averaged $24.6 million across 5 years, with a median of $21.0 million in 2024.
- The sharpest annual moves came in 2024 and 2025: Retained Earnings surged 350.95% in 2024, then slumped 77.88% in 2025.
- Over 5 years, Retained Earnings stood at $14.5 million in 2022, then soared by 46.26% to $21.1 million in 2023, then jumped by 350.95% to $95.3 million in 2024, then plunged by 77.88% to $21.1 million in 2025, then declined by 13.02% to $18.3 million in 2026.
- According to Business Quant data, Retained Earnings over the past three periods registered $18.3 million, $20.4 million, and $21.1 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Mesabi Trust | 300.71 Mn | 280.43 Mn | 1.09 Mn | 18.34 Mn |
| 2 | Atlas Critical Minerals | 10.41 Mn | 4.82 Mn | - | 28.23 Mn |
| 3 | Avrupa Minerals | 1.29 Mn | 939,714.08 | - | -12.98 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Apr 30, 2026 | 18.34 Mn |
| Jan 31, 2026 | 20.40 Mn |
| Oct 31, 2025 | 21.09 Mn |
| Jul 31, 2025 | 22.78 Mn |
| Apr 30, 2025 | 19.61 Mn |
| Jan 31, 2025 | 23.33 Mn |
| Oct 31, 2024 | 95.32 Mn |
| Jul 31, 2024 | 22.12 Mn |
| Apr 30, 2024 | 20.65 Mn |
| Jan 31, 2024 | 20.98 Mn |
| Oct 31, 2023 | 21.14 Mn |
| Jul 31, 2023 | 21.64 Mn |
| Apr 30, 2023 | 12.46 Mn |
| Jan 31, 2023 | 11.44 Mn |
| Oct 31, 2022 | 14.45 Mn |
| Jul 31, 2022 | 14.87 Mn |
| Apr 30, 2022 | 30.75 Mn |
| Jan 31, 2022 | 30.79 Mn |
| Oct 31, 2021 | 36.31 Mn |
| Jul 31, 2021 | 38.95 Mn |