About Mesabi Trust
Mesabi Trust is a publicly listed company based in New York (United States) founded in 1961. It operates as an iron ore royalties are collected and distributed by the trust. Mesabi Trust offers products and services including Iron Ore Pellets and Royalties Collection. Its focus areas include Business Services and Services for Nonprofits.
Company details
Royalty trust distributing iron ore mining royalties. This trust derives income from royalties paid on iron ore extracted from a mine. The ore is processed into pellets and sold, with royalties paid to the trust based on the sales price and tonnage extracted. The trusts operations are limited to collecting and distributing these royalties and paying expenses. The trusts governing documents, including the Agreement of Trust and the Amendment of Assignment, define the terms of royalty payments and the duration of the trust.
- Headquarters New York, United States
- Stage Public
- SectorsGovernment & Social Sector
- Phone•••• ••••
- Website mesabi-trust.com
- Social LinkedIn
- Legal Name Mesabi Trust
- Annual Revenue$17.52 M (USD)-82.23as on Jan 31, 2026
- Net Profit$13.87 M (USD)-85.13as on Jan 31, 2026
- EBITDA$13.87 M (USD)-85.13as on Jan 31, 2026
Products & Services of Mesabi Trust
Mesabi Trust offers a comprehensive portfolio of products and services, including Iron Ore Pellets and Royalties Collection.
Iron ore pellets are produced from taconite through mining and processing for use in steel production.
Royalties are collected based on sales of iron ore products and distributed to unitholders as per trust agreements.
IPO & Listings of Mesabi Trust
Mesabi Trust is a publicly listed company on the NYSE with ticker symbol MSB in USA, operating in the Non-energy minerals sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date28 Jul 1961
- Listed onNYSE: MSB
- Listed entityMesabi Trust
- Exchange sectorNon-energy minerals
- ISINUS5906721015
- Share price$17.74 (-0.5% on the day) · 2026-10-13
- Market capitalisation$232.7M
- Price to earnings35.9
- EPS (diluted, trailing year)$0.49
- Dividend yield4.99%
- Volume (last session)29,004
Financials of Mesabi Trust
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | $17.5M | $13.9M | $13.9M |
| 2024 | $98.6M | $93.3M | $93.3M |
| 2023 | $22.9M | $19.0M | $19.0M |
| 2022 | $7.7M | $5.3M | $5.3M |
| 2021 | $71.5M | $68.8M | $68.8M |
Detailed financial statements for Mesabi Trust
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Web traffic of Mesabi Trust
The website of Mesabi Trust (mesabi-trust.com) receives about 2.4K visits a month.
- Monthly visits2.4K
▲ 32.4% vs previous month
Top companies in Services for Nonprofits
10 companies that operate in the same segment as Mesabi Trust (Services for Nonprofits), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
An online platform is operated for creating and sharing petitions. | – | – | USD 73.37 M | USD 8.73 M | 122 | |
Radio broadcasting is provided by NPR, a non-profit organization. | 1970 | United States | – | – | – | |
Goodwill Industries International is focused on career support and community services. | 1902 | United States | – | – | – | |
Strategic CRM solutions are implemented for non-profits and educational organizations. | 2010 | Asheville, North Carolina, United States | – | – | 71 | |
Not-to-profit association focused on IT services | 1988 | Noida, Uttar Pradesh, India | – | USD 77.15 K | – | |
Fundraising services for non-profits are facilitated by the organization. | 2021 | Oakland, California, United States | USD 2.25 M | – | – | |
Non profit organisation focused on providing information services for international developmental sector | 2007 | Nicosia, Cyprus | – | – | – | |
Corporate and additional services are offered to the non-profit sector. | 1980 | New York, New York, United States | – | – | 277 | |
Provider of traditional Indonesian flour products through various online platforms. | 1848 | United States | – | – | 1,530 | |
Robotics and connected devices are supported by a non-profit organization. | 2016 | Boston, Massachusetts, United States | – | – | – |
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Related news about Mesabi Trust
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Frequently Asked Questions about Mesabi Trust
Mesabi Trust was founded in 1961.
Mesabi Trust is headquartered in New York, United States. It is registered at New York, New York, United States.
Annual revenue of Mesabi Trust is $17.52M as on Jan 31, 2026.
Royalty trust distributing iron ore mining royalties. This trust derives income from royalties paid on iron ore extracted from a mine. The ore is processed into pellets and sold, with royalties paid to the trust based on the sales price and tonnage extracted. The trusts operations are limited to collecting and distributing these royalties and paying expenses. The trusts governing documents, including the Agreement of Trust and the Amendment of Assignment, define the terms of royalty payments and the duration of the trust.
Mesabi Trust offers Iron Ore Pellets and Royalties Collection.
Yes, Mesabi Trust is publicly traded on NYSE under the ticker symbol MSB.
Mesabi Trust operates through Mesabi Trust.