MESABI TRUST (MSB)
About MESABI TRUST
Mesabi Trust operates as a royalty trust in the United States. The company is involved in the conservation and protection of its assets. The company's principally wholly-owned segment is the iron ore mining segment, which generates income from the Peter Mitchell Mine, an iron mine located near Babbitt, Minnesota, at the northeastern end of the Mesabi Iron Range.
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Financial summary
- Revenue FY2025
- $98.6M
- Net income
- $93.3M
- Total assets
- $101.7M
- Market cap
- $322.6M
- Gross margin
- 79.1%
- Operating margin
- 79.1%
- Net margin
- 79.1%
Source: SEC EDGAR · updated Jun 7, 2026
Revenue & profit trend
Financial statements
Income statement
- Revenue
- $17.5M
- Cost of revenue
- $3.7M
- Gross profit
- $13.9M
- Operating expenses
- $3.7M
- Operating income
- $13.9M
- Net income
- $13.9M
- EPS (basic)
- $1.06
Balance sheet
- Total assets
- $24.4M
- Current assets
- $24.4M
- Total liabilities
- $4.0M
- Current liabilities
- $4.0M
- Shareholders’ equity
- $20.4M
Cash flow
- Operating cash flow
- $14.4M
- Net cash flow
- $14.4M
Statements via Polygon.io (SEC filings)
15-minute delayed · data by Polygon.io
Past year · hover for prices
52-week range
- Market cap
- $322.6M
- Dividend yield
- 0.89%
- Shares outstanding
- 14.3M
- Open
- —
- Day range
- –
- Prev close
- —
- Volume
- —
- IPO date
- Jul 28, 1961
Mesabi Trust (MSB) Stock Price
- Profitable — net income of $93.3M in FY2025.
- Revenue declined 75% from FY2022 to FY2026.
- Gross margin of 79.1%, net margin 79.1%.
- Trading 45% below its 52-week high.
- Pays a dividend yielding about 0.89% annually.
Automatically generated from public filings and market data. Informational only — not investment advice or a recommendation to buy or sell any security.
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News about MESABI TRUST
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Mesabi Trust: frequently asked questions
Is Mesabi Trust an American company?
Mesabi Trust is a US-based company headquartered in New York, New York, listed in the americancompanies.com directory of American companies. Its American-origin credentials have not yet been independently verified.
Where is Mesabi Trust headquartered?
Mesabi Trust is headquartered in New York, New York, United States.
Is Mesabi Trust publicly traded?
Yes — Mesabi Trust is a publicly traded company. Its stock trades under the ticker symbol MSB on the NYSE.
What does Mesabi Trust do?
Mesabi Trust is an American Financial Services company in the Business & Financial Services sector.