# Mesabi Trust (MSB)

Source page: https://stoqly.net/companies/msb

- **Ticker:** MSB (NYSE)
- **Sector:** Financials / Mineral Royalty Traders
- **SEC CIK:** 0000065172
- **Latest annual report:** 10-K filed 2026-04-22 (https://www.sec.gov/Archives/edgar/data/65172/000110465926046864/msb-20260131x10k.htm)
- **Data updated:** 2026-11-01

## Key figures

- **Last close:** $17.71 on 2026-10-30 (−2.26% on the day)
- **Revenue (FY2026):** $17.5M
- **Revenue growth:** −82.2%
- **Revenue growth, 5-year CAGR:** −7.6%
- **Gross margin:** 79.1%
- **Net margin:** 79.1%
- **Return on equity:** 63.4%
- **Insider buys, last 90 days:** $0.0M
- **Insider sells, last 90 days:** $0.0M

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## Annual results

From SEC EDGAR XBRL filings. Full table: https://stoqly.net/companies/msb/figures.csv

| US$ millions | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 |
|---|---:|---:|---:|---:|---:|---:|---:|---:|---:|---:|
| Revenue | 11 | 34 | 47 | 32 | 26 | 71 | 8 | 23 | 99 | 18 |
| Net income | 10 | 33 | 46 | 30 | 23 | 69 | 5 | 19 | 93 | 14 |
| Operating cash flow | 13 | 30 | 45 | 35 | 21 | 63 | 14 | 15 | 94 | 14 |
| Cash | 14 | 0 | 1 | 10 | 13 | 48 | 14 | 24 | 100 | 23 |

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Source: SEC EDGAR filings and end-of-day prices, via Stoqly. For information only — not investment advice or a recommendation to buy, sell or hold any security.