Mesabi Trust (MSB) Retained Earnings (2011 - 2026)
Mesabi Trust's Retained Earnings came in at $17.59 million for fiscal Q2 2027 (quarter ended Jul 31, 2026), down 22.8% from $22.78 million a year earlier and down 4.1% from the prior quarter.
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Analysis
Mesabi Trust (MSB) Retained Earnings (2011 - 2026) Analysis & Trends
At the end of FY2026 (ended Jan 31, 2026), Mesabi Trust's Retained Earnings was $20.4 million, down 12.5% from FY2025.
- Retained Earnings carries a five-year compound annual growth rate of 4.4% (FY2021 to FY2026).
- Going back by fiscal year, Retained Earnings was $23.33 million in FY2025 (+11.2%), $20.98 million in FY2024 (+83.4%), $11.44 million in FY2023 (-62.9%) and $30.79 million in FY2022 (+86.9%).
- The fiscal Q2 2027 figure represents the lowest quarterly Retained Earnings since fiscal Q1 2024.
- Year-over-year, Retained Earnings has declined for four consecutive quarters, with growth averaging 30.1% over the last eight quarters.
- The fastest year-over-year change in Retained Earnings over five years came in fiscal Q3 2025 (growth of 350.9%), and the weakest in fiscal Q3 2026 (a decline of 77.9%).
- Business Quant data shows MSB's Retained Earnings at $18.34 million (Q1 2027), $20.4 million (Q4 2026) and $21.09 million (Q3 2026) in the three fiscal quarters before Q2 2027.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 182.38 Bn | 151.41 Bn | - | 49.29 Bn |
| 2 | Southern Copper | 167.30 Bn | 146.09 Bn | 2.90 Bn | 4.59 Bn |
| 3 | Rio Tinto | 143.04 Bn | 103.54 Bn | - | 46.58 Bn |
| 4 | Newmont | 124.35 Bn | 92.35 Bn | 4.03 Bn | 5.72 Bn |
| 5 | Freeport-Mcmoran | 99.09 Bn | 83.13 Bn | 2.19 Bn | 2.82 Bn |
| 6 | Agnico Eagle Mines | 93.47 Bn | 83.11 Bn | 2.43 Bn | 8.13 Bn |
| 7 | Barrick Mining | 69.01 Bn | 44.20 Bn | 2.90 Bn | 582.00 Mn |
| 8 | Nucor | 59.68 Bn | 49.06 Bn | 2.03 Bn | 33.15 Bn |
| 9 | ArcelorMittal | 48.25 Bn | 27.28 Bn | - | - |
| 10 | Mesabi Trust | 250.26 Mn | 166.24 Mn | -95,013.00 | 17.59 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 17.59 Mn |
| 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 |
API Access
Mesabi Trust Retained Earnings 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=retained-earnings&ticker=MSB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "retained-earnings", "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=retained-earnings&ticker=MSB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();