MESABI TRUST (MSB) Return on equity 2018–2025
MESABI TRUST (MSB) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
399.8%FY2025 · since FY2018: 315.1% → 399.8%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 399.8% | +309.3 pp |
| FY2024 | 90.5% | +44.1 pp |
| FY2023 | 46.4% | -176.9 pp |
| FY2022 | 223.3% | +81.2 pp |
| FY2021 | 142.1% | -112.0 pp |
| FY2020 | 254.0% | -17.1 pp |
| FY2019 | 271.1% | -44.0 pp |
| FY2018 | 315.1% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice