Mesabi Trust (Mesabi Trust) Net Margin %

: 87.61% (As of Oct. 2023)

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Net margin is calculated as Net Income divided by its Revenue. Mesabi Trust's Net Income for the three months ended in Oct. 2023 was $4.09 Mil. Mesabi Trust's Revenue for the three months ended in Oct. 2023 was $4.66 Mil. Therefore, Mesabi Trust's net margin for the quarter that ended in Oct. 2023 was 87.61%.

The historical rank and industry rank for Mesabi Trust's Net Margin % or its related term are showing as below:

MSB' s Net Margin % Range Over the Past 10 Years
Min: 70.82 Med: 94.9 Max: 97.15
Current: 81.67

MSB's Net Margin % is ranked better than
98.34% of 604 companies
in the Steel industry
Industry Median: 2.935 vs MSB: 81.67

Mesabi Trust Net Margin % Historical Data

The historical data trend for Mesabi Trust's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Mesabi Trust Annual Data

Trend

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Net Margin %

96.86

94.79

90.33

96.94

70.82

Mesabi Trust Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Net Margin %																-	131.20	59.79	94.37	87.61

Competitive Comparison

For the Steel subindustry, Mesabi Trust's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Mesabi Trust Net Margin % Distribution

For the Steel industry and Basic Materials sector, Mesabi Trust's Net Margin % distribution charts can be found below:

* The bar in red indicates where Mesabi Trust's Net Margin % falls into.

Mesabi Trust Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Mesabi Trust's Net Margin for the fiscal year that ended in Jan. 2023 is calculated as

Net Margin	=	Net Income (A: Jan. 2023 )	/	Revenue (A: Jan. 2023 )
	=	5.309	/	7.496
	=	70.82 %

Mesabi Trust's Net Margin for the quarter that ended in Oct. 2023 is calculated as

Net Margin	=	Net Income (Q: Oct. 2023 )	/	Revenue (Q: Oct. 2023 )
	=	4.086	/	4.664
	=	87.61 %

Mesabi Trust (NYSE:MSB) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Mesabi Trust Net Margin % Related Terms

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Mesabi Trust (Mesabi Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Mesabi Trust (NYSE:MSB) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

c/o Deutsche Bank Trust Company Americas Trust & Agency Services, 1 Columbus Circle, 17th Floor, New York, NY, USA, 10019

Website

http://www.mesabi-trust.com

Mesabi Trust operates as a royalty trust in the United States. The company involves in the conservation and protection of the assets held. Its principally wholly-owned segment is iron ore mining segment and it generates income from the Peter Mitchell Mine, an iron mine located near Babbitt, Minnesota, at the eastern end of the Mesabi Iron Range. The principal assets of the firm consist of two different interests in certain properties in the Mesabi Iron Range and beneficial interest in the Mesabi Land Trust.

Executives

Robin M. Radke	other: Trustee of Mesabi Trust	C/O DEUTSCHE BANK TRUST COMPANY AMERICAS, 60 WALL STREET, 16TH FLOOR, NEW YORK NY 10005
Michael P Mlinar	other: Trustee of Mesabi Trust	444 WEST ANOKA STREET, DULUTH MN 55803
Robert C. Berglund	other: Trustee	P.O. BOX 351, CORONA NM 88318
James A Ehrenberg	other: Trustee	295 KOPP DRIVE, WEST ST. PAUL MN 55118