MSB
What one share of Mesabi Trust holds
Mineral Royalty Traders
Substantially all of the revenue, operating profits and assets of Mesabi Trust (“Mesabi Trust” or the “Trust”) relate to one business segment—iron ore mining.
Mesabi Trust’s numbers from its SEC filings, divided by its shares. Results cover the last 12 months to 2026-07-31; the balance sheet is as of 2026-07-31.
| Sales | $0.91 |
|---|---|
| Profit | $0.49 |
| Dividends | $0.96 |
| Cash and investments | $1.33 |
| Book value | $1.34 |
Per share by fiscal year
| Year | Sales | Profit | Capex | Free cash | Dividends | Book value |
|---|---|---|---|---|---|---|
| 2017 | $0.83 | $0.74 | — | $0.96 | — | — |
| 2018 | $2.63 | $2.55 | — | $2.25 | — | $0.81 |
| 2019 | $3.60 | $3.47 | — | $3.47 | — | $1.28 |
| 2020 | $2.44 | $2.29 | — | $2.64 | — | $0.90 |
| 2021 | $1.98 | $1.78 | — | $1.59 | — | $1.26 |
| 2022 | $5.45 | $5.24 | — | $4.79 | — | $2.35 |
| 2023 | $0.59 | $0.40 | — | $1.06 | — | $0.87 |
| 2024 | $1.74 | $1.45 | — | $1.11 | — | $1.60 |
| 2025 | $7.51 | $7.11 | — | $7.16 | — | $1.78 |
| 2026 | $1.34 | $1.06 | — | $1.10 | — | $1.56 |