Mesabi Trust (MSB) stock
MSBNYSEMineral Royalty TradersFiscal year ends January 31
Financials through Q2 FY2026, quarter ended Jul 31, 2026Last filing: 10-Q on Sep 11, 2026Score 8/302% above fair value
$17.16−0.06 (-0.35%)
Close on Nov 12, 2026Market cap $225.14MP/E 35.0Yield –
Mesabi Trust gross margin
Gross margin is gross profit as a percentage of revenue.
Mesabi Trust's gross margin for the twelve months ending Jul 31, 2026 was 54.5%. For fiscal 2025 it was 79.1%, against 94.6% the year before. The highest annual figure on record is 96.9% in fiscal 2017.
Annual gross margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Jan 31, 2026 | 79.1% | −15.5 |
| FY2024 | Jan 31, 2025 | 94.6% | +11.6 |
| FY2023 | Jan 31, 2024 | 83.0% | +14.5 |
| FY2022 | Jan 31, 2023 | 68.6% | −27.7 |
| FY2021 | Jan 31, 2022 | 96.2% | +6.0 |
| FY2020 | Jan 31, 2021 | 90.2% | −3.8 |
| FY2019 | Jan 31, 2020 | 94.0% | −2.4 |
| FY2018 | Jan 31, 2019 | 96.3% | −0.6 |
| FY2017 | Jan 31, 2018 | 96.9% | +7.2 |
| FY2016 | Jan 31, 2017 | 89.7% | – |
Quarterly gross margin
Change is against the same quarter a year earlier.
Periods
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q2 FY2026CQ2 2026 | Jul 31, 2026 | -3.8% | −88.4 |
| Q1 FY2026CQ1 2026 | Apr 30, 2026 | 48.4% | −28.3 |
| Q4 FY2025CQ4 2025 | Jan 31, 2026 | 75.9% | −12.6 |
| Q3 FY2025CQ3 2025 | Oct 31, 2025 | 77.1% | −22.1 |
| Q2 FY2025CQ2 2025 | Jul 31, 2025 | 84.6% | +1.4 |
| Q1 FY2025CQ1 2025 | Apr 30, 2025 | 76.7% | +21.0 |
| Q4 FY2024CQ4 2024 | Jan 31, 2025 | 88.5% | +13.2 |
| Q3 FY2024CQ3 2024 | Oct 31, 2024 | 99.1% | +15.7 |
| Q2 FY2024CQ2 2024 | Jul 31, 2024 | 83.2% | −9.7 |
| Q1 FY2024CQ1 2024 | Apr 30, 2024 | 55.7% | +0.4 |
| Q4 FY2023CQ4 2023 | Jan 31, 2024 | 75.3% | +563.8 |
| Q3 FY2023CQ3 2023 | Oct 31, 2023 | 83.5% | −12.3 |
| Q2 FY2023CQ2 2023 | Jul 31, 2023 | 92.9% | −4.3 |
| Q1 FY2023CQ1 2023 | Apr 30, 2023 | 55.3% | −42.4 |
| Q3 FY2022CQ3 2022 | Oct 31, 2022 | -488.5% | −585.0 |
| Q1 FY2022CQ1 2022 | Apr 30, 2022 | 95.8% | +4.6 |
| Q4 FY2021CQ4 2021 | Jan 31, 2022 | 97.1% | +4.8 |
| Q3 FY2021CQ3 2021 | Oct 31, 2021 | 97.8% | +8.4 |
| Q2 FY2021CQ2 2021 | Jul 31, 2021 | 96.4% | +4.0 |
| Q1 FY2021CQ1 2021 | Apr 30, 2021 | 91.2% | +16.9 |
| Q4 FY2020CQ4 2020 | Jan 31, 2021 | 92.3% | +1.8 |
| Q3 FY2020CQ3 2020 | Oct 31, 2020 | 89.4% | −4.4 |
| Q2 FY2020CQ2 2020 | Jul 31, 2020 | 92.5% | −4.5 |
| Q1 FY2020CQ1 2020 | Apr 30, 2020 | 74.3% | −15.5 |
| Q4 FY2019CQ4 2019 | Jan 31, 2020 | 90.5% | −0.2 |
| Q3 FY2019CQ3 2019 | Oct 31, 2019 | 93.7% | −3.5 |
| Q2 FY2019CQ2 2019 | Jul 31, 2019 | 97.0% | −1.6 |
| Q1 FY2019CQ1 2019 | Apr 30, 2019 | 89.8% | −4.7 |
| Q4 FY2018CQ4 2018 | Jan 31, 2019 | 90.7% | −2.5 |
| Q3 FY2018CQ3 2018 | Oct 31, 2018 | 97.2% | −0.7 |
| Q2 FY2018CQ2 2018 | Jul 31, 2018 | 98.5% | +0.2 |
| Q1 FY2018CQ1 2018 | Apr 30, 2018 | 94.5% | +0.7 |
| Q4 FY2017CQ4 2017 | Jan 31, 2018 | 93.2% | – |
| Q3 FY2017CQ3 2017 | Oct 31, 2017 | 97.9% | – |
| Q2 FY2017CQ2 2017 | Jul 31, 2017 | 98.3% | – |
| Q1 FY2017CQ1 2017 | Apr 30, 2017 | 93.8% | – |
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