Mesabi Trust (MSB)
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Mesabi Trust (MSB) reported revenue of $2 million for Q2 FY2027, the quarter ended 31 July 2026, down 55.8% on the same quarter a year earlier. Net income was -$95,013, and diluted earnings per share $-0.01. The figures are the company's own, from the 10-Q it filed with the SEC on 11 September 2026.
Mesabi Trust (MSB) in brief
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Net income was $14 million and diluted earnings per share $1.06. Revenue was $99 million in fiscal 2025, $23 million in fiscal 2024, $8 million in fiscal 2023 and $71 million in fiscal 2022. Net income in the same years was $93 million, $19 million, $5 million and $69 million. Over the twelve months to 31 July 2026, Mesabi Trust reported revenue of $12 million and net income of $6 million. Revenue fell 7.6% a year, compounded, over the five years to fiscal 2026. Mesabi Trust had 13 million shares outstanding at the latest filed count. At 31 July 2026 it carried $0 million of debt and $17 million of cash. At the close of 30 October 2026 the market cap of Mesabi Trust was $233 million, 35.9 times its earnings over the last twelve months.Ratios
From the filings
At the close of 30 October 2026
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The priced ones use the latest price, the last regular-hours trade on IEX. Mesabi Trust's balance sheet shows no borrowings, so debt here is nil; lease liabilities are a separate line. Nothing here is a valuation or a view.Read more
Data provided for free by IEX. By accessing or using IEX Historical Data, you agree to the IEX Historical Data Terms of Use. Day by day for the last three years; before that one point a week, carrying the week's last close and its average daily volume, so a volume bar means the same thing across the whole series; the bars sit under the price on their own scale, on the right. The moving averages need consecutive days and are drawn from the daily part. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Before the quarters on file begin, P/E, price to book and market cap to sales stand on each annual report from the day it was filed. Drawn in your browser; the range and overlay you pick are remembered here only.The public record on MSB
| Dividends | $91.4 million paid in cash dividends in FY2026 |
| Filings | 13 in twelve months: 8 current reports (8-K), about 8 results of operations; 4 regulation FD disclosure; 1 other events |
| Planned insider sales | no Form 144 notice in twelve months |
| Options tape | put/call 0.2 by open interest at the 30 October 2026 close; the straddle prices a 26.0% move to 20 November 2026 |
| 13F holders | 62 funds reported a position for the quarter to 30 June 2026; largest Horizon Kinetics Asset Management LLC |
| Insider trading | 0 sales and 0 purchases on Form 4 in twelve months |
| Congress | 1 House trade disclosed in six months |
| Short interest | 89,440 shares short, 2.31 days to cover at 15 October 2026 |
| Documents | the 10-K, the 10-Qs, the proxy and 5 earnings press releases, each linked |
Quarterly results, the last 20 quarters
| Q3 FY2022 | Q4 FY2022 | Q1 FY2023 | Q2 FY2023 | Q3 FY2023 | Q4 FY2023 | Q1 FY2024 | Q2 FY2024 | Q3 FY2024 | Q4 FY2024 * | Q1 FY2025 | Q2 FY2025 | Q3 FY2025 | Q4 FY2025 * | Q1 FY2026 | Q2 FY2026 | Q3 FY2026 | Q4 FY2026 * | Q1 FY2027 | Q2 FY2027 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 16.4 | 18.0 | 14.2 | -4.4 | 0.1 | -2.2 | 1.8 | 9.9 | 4.9 | 6.2 | 6.3 | 6.5 | 79.0 | 6.9 | 4.7 | 5.6 | 3.6 | 3.6 | 2.2 | 2.5 |
| Cost of revenue | 0.4 | 0.5 | 0.6 | 0.5 | 0.5 | 0.8 | 0.8 | 0.7 | 0.8 | 1.5 | 2.8 | 1.1 | 0.7 | 0.8 | 1.1 | 0.9 | 0.8 | 0.9 | 1.2 | 2.6 |
| Gross profit | 16.0 | 17.4 | 13.6 | -4.9 | -0.4 | -3.0 | 1.0 | 9.2 | 4.1 | 4.7 | 3.5 | 5.4 | 78.3 | 6.1 | 3.6 | 4.7 | 2.8 | 2.7 | 1.1 | -0.1 |
| Gross margin | 98% | 97% | 96% | n/a | -489% | n/a | 55% | 93% | 83% | 75% | 56% | 83% | 99% | 89% | 77% | 85% | 77% | 76% | 48% | -4% |
| Net income | 16.0 | 17.4 | 13.6 | -4.9 | -0.4 | -3.0 | 1.0 | 9.2 | 4.1 | 4.7 | 3.5 | 5.4 | 78.3 | 6.1 | 3.6 | 4.7 | 2.8 | 2.7 | 1.1 | -0.1 |
| Net margin | 98% | 97% | 96% | n/a | -489% | n/a | 55% | 93% | 83% | 75% | 56% | 83% | 99% | 89% | 77% | 85% | 77% | 76% | 48% | -4% |
| Diluted EPS | $1.22 basic | $1.33 basic | $1.04 basic | -$0.37 basic | -$0.03 basic | -$0.23 basic | $0.08 basic | $0.70 basic | $0.31 basic | $0.36 | $0.27 basic | $0.41 basic | $5.97 basic | $0.46 | $0.28 basic | $0.36 basic | $0.21 basic | $0.21 | $0.08 basic | -$0.01 basic |
| Operating cash flow | 18.7 | 20.5 | 13.1 | 1.6 | -0.3 | -0.5 | -0.9 | 4.6 | 5.2 | 5.7 | 2.5 | 3.8 | 78.2 | 9.4 | 2.1 | 4.4 | 3.5 | 4.4 | 0.5 | 0.2 |
| Dividends paid | 1.2 | 18.6 | 23.0 | 13.6 | 11.0 | 0.0 | n/a | n/a | n/a | n/a | 4.9 | 3.8 | 3.9 | n/a | 78.1 | 7.3 | 1.6 | 4.5 | 3.4 | 3.1 |
| Shares outstanding | 13m | 13m | 13m | 13m | 13m | 13m | 13m | 13m | 13m | 13m | 13m | 13m | 13m | 13m | 13m | 13m | 13m | 13m | 13m | 13m |
| Filing | 10-Q | 10-K | 10-Q | 10-Q | 10-Q | 10-K | 10-Q | 10-Q | 10-Q | 10-K | 10-Q | 10-Q | 10-Q | 10-K | 10-Q | 10-Q | 10-Q | 10-K | 10-Q | 10-Q |
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* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.Income statement (profit and loss), 17 fiscal years and the trailing twelve months
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Each column runs from the last twelve months as filed to the year chosen in its heading, at a yearly rate. Sales growth starts at the company's own five-year rate and eases a third of the way each year toward the median of the 168 peers in Trading (8.9% a year), because a rate far from the rest rarely lasts. Before you open a year, the strip reads today's price backwards: the yearly sales growth that brings EPS, at the company's own margins, tax and share count, to today's price at the median P/E of the 139 peers in Trading (24.7). Low, middle, high opens three columns for one year: the low and high cases take the company's own weaker and stronger years in the table (the lower and upper quarter of its yearly sales growth and operating margin) and the lower and higher of today's P/E and its peers'; the middle is the boxes as they open. Net income keeps the share that went to minority holders; EPS is net income over the diluted shares, on the same basis as the EPS in the table. The price is that year's EPS at the P/E you set, and the yearly return runs from today's price to the year's end. These are your assumptions and your arithmetic, not an estimate of ours. The link carries your columns, so you can send the forecast to someone.| FY2010 | FY2011 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 | FY2017 † | FY2018 † | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 13.2 | 33.3 | 34.2 | 31.6 | 22.0 | 26.1 | 9.7 | 10.9 | 34.5 | 47.3 | 32.0 | 26.0 | 71.5 | 7.7 | 22.9 | 98.6 | 17.5 | 11.9 |
| Cost of revenue | n/a | n/a | n/a | n/a | n/a | n/a | n/a | 1.1 | 1.1 | 1.7 | 1.9 | 2.5 | 2.7 | 2.4 | 3.9 | 5.3 | 3.7 | 5.4 |
| Gross profit | n/a | n/a | n/a | n/a | n/a | n/a | n/a | 9.8 | 33.4 | 45.6 | 30.1 | 23.4 | 68.8 | 5.3 | 19.0 | 93.3 | 13.9 | 6.5 |
| Gross margin | n/a | n/a | n/a | n/a | n/a | n/a | n/a | 89.7% | 96.9% | 96.3% | 94.0% | 90.2% | 96.2% | 68.6% | 83.0% | 94.6% | 79.1% | 54.5% |
| Net income | 12.4 | 32.5 | 33.2 | 30.7 | 21.1 | 24.8 | 8.6 | 9.8 | 33.4 | 45.6 | 30.1 | 23.4 | 68.8 | 5.3 | 19.0 | 93.3 | 13.9 | 6.5 |
| Net margin | 93.8% | 97.4% | 97.3% | 97.1% | 95.5% | 95.0% | 88.0% | 89.7% | 96.9% | 96.3% | 94.0% | 90.2% | 96.2% | 68.6% | 83.0% | 94.6% | 79.1% | 54.5% |
| Diluted EPS | $0.95 basic | $2.47 basic | $2.53 basic | $2.34 basic | $1.60 basic | $1.89 basic | $0.65 basic | $0.74 basic | $2.55 basic | $3.47 basic | $2.29 basic | $1.78 basic | $5.24 basic | $0.41 basic | $1.45 basic | $7.11 basic | $1.06 basic | $0.49 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
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Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are. † The year as the company last restated it in a later filing; rest on a figure for the one first filed. EPS is as filed.Cash flow and capital returned
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The figure a share at the top is what a discounted cash flow calls intrinsic value, worked out on your assumptions. Everything after year five is one sum: the sixth year's cash, growing at the long-run rate every year after, added up and brought back to today's money. Each year runs from the last twelve months as filed. Sales growth opens where Play it forward does: the company's own five-year rate, easing a third of the way each year toward the median of the 168 peers in Trading (8.9% a year); change a year and the years after it follow. Operating cash flow, capital expenditure and share-based pay open at the company's own median share of sales over its last five years, shown under each row. Share-based pay is taken off because operating cash flow adds back the shares paid to staff as if they cost nothing; set it to 0 to leave it in. Capital spending counts every capital line the company files in its cash flow, such as equipment it leases to customers, software, wells or property it develops, named under the row, while the Capital expenditure row in the table below stays the one line as filed; buying a business, securities or a finished property is not counted. The discount rate opens at 10%, about what US stocks have returned a year over the long run, so it is the return you give up by holding this company instead of the market; the growth after year five opens at 3%, a little under the US economy's long-run growth in dollars, because no company outgrows it for ever. Net debt is the debt and short-term borrowings less the cash on the latest balance sheet that shows the debt; the figure per share divides what is left by the diluted share count. These are your assumptions and your arithmetic, not an estimate of ours. The link carries them, so you can send them to someone.| FY2010 | FY2011 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 | FY2017 † | FY2018 † | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 17.0 | 30.4 | 33.1 | 30.7 | 21.3 | 24.3 | 8.2 | 12.6 | 29.5 | 45.5 | 34.6 | 20.8 | 62.8 | 13.9 | 14.6 | 93.9 | 14.4 | 8.7 |
| Cash from investing | n/a | n/a | n/a | n/a | n/a | n/a | -5.4 | 5.7 | -23.3 | -8.3 | 18.8 | 3.4 | 9.9 | n/a | n/a | n/a | n/a | n/a |
| Dividends paid | n/a | n/a | n/a | n/a | n/a | 23.2 | 8.9 | 7.2 | 19.5 | 36.6 | 44.1 | 21.9 | 37.5 | 47.6 | 4.6 | 17.7 | 91.4 | 12.6 |
| Diluted shares, weighted | n/a | n/a | 13m | 13m | 13m | 13m | 13m | 13m | 13m | 13m | 13m | 13m | 13m | 13m | 13m | 13m | 13m | 13m |
| Shares outstanding at period end | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | 13m |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
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The dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.Balance sheet at year end
| FY2010 | FY2011 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 | FY2017 † | FY2018 † | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Funded by | ||||||||||||||||||
| Shareholders' equity | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | 10.6 | 16.8 | 11.8 | 16.5 | 30.8 | 11.4 | 21.0 | 23.3 | 20.4 | 17.6 |
| Debt | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Other liabilities | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | 15.6 | 18.6 | 11.8 | 6.5 | 23.1 | 2.7 | 5.7 | 78.4 | 4.0 | 2.3 |
| Total liabilities and equity | n/a | 9.6 | 11.2 | 7.6 | 8.6 | 10.1 | 9.8 | 14.2 | 26.2 | 35.5 | 23.6 | 22.9 | 53.9 | 14.1 | 26.7 | 102 | 24.4 | 19.8 |
| Owned | ||||||||||||||||||
| Cash and equivalents | 8.4 | 8.7 | 10.3 | 6.7 | 7.7 | 8.7 | 2.6 | 13.7 | 0.3 | 0.9 | 10.2 | 12.5 | 47.7 | 14.0 | 24.0 | 100 | 23.2 | 17.4 |
| Receivables | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | 2.0 | 2.3 | 0.1 | 0.2 | 4.6 | 0.0 | 2.0 | 1.2 | 0.8 | 1.0 |
| Other assets | n/a | 1.0 | 0.9 | 0.9 | 0.8 | 1.4 | 7.2 | 0.6 | 24.0 | 32.2 | 13.4 | 10.2 | 1.6 | 0.1 | 0.7 | 0.4 | 0.4 | 1.5 |
| Total assets | n/a | 9.6 | 11.2 | 7.6 | 8.6 | 10.1 | 9.8 | 14.2 | 26.2 | 35.5 | 23.6 | 22.9 | 53.9 | 14.1 | 26.7 | 102 | 24.4 | 19.8 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | |
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Both totals are the company's own. Other liabilities is the filed total less the rows above it: payables, deferred revenue, taxes, borrowings the rows above do not carry and the rest; other assets is the same on the other side. Investments add the current and non-current lines as filed. Debt is the company's own stated total where it files one, otherwise its long-term debt with the current maturities, never parts added together. A row is left blank in a year where the lines shown overlap and the remainder would fall below nil.Compounded growth
| 10 years | 5 years | 3 years | TTM | |
|---|---|---|---|---|
| Sales growth, compounded | 6.1% | -7.6% | 31.3% | -87.6% |
| Profit growth, compounded | 4.9% | -9.9% | 37.7% | -93.0% |
| Return on equity, average | 201.2% | 165.6% | 186.1% | 68.0% |
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Return on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.Questions
What was Mesabi Trust's revenue in fiscal 2026?
Mesabi Trust (MSB) reported revenue of $18 million for fiscal 2026, the year ended 31 January 2026, down 82.2% on the year before.
How much did Mesabi Trust earn in fiscal 2026?
Net income was $14 million for fiscal 2026, and diluted earnings per share $1.06.
What is Mesabi Trust's P/E ratio?
At the close of 30 October 2026, Mesabi Trust traded at 35.9 times its earnings over the twelve months to 31 July 2026.
What is Mesabi Trust's market cap?
The market cap of Mesabi Trust was $233 million at the close of 30 October 2026.
How much debt does Mesabi Trust have?
At 31 July 2026 Mesabi Trust carried $0 million of debt and $17 million of cash.
Peers: Trading
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|---|---|---|---|---|---|---|---|
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| One Liberty Properties Inc. OLP | $470 million | 14.22 | 11.4% | 57.0% | 9.5% | 1.74 | 8.1% |
| NexPoint Residential Trust, Inc. NXRT | $460 million | n/a | -13.5% | 11.1% | -0.5% | 6.55 | 11.7% |
| Industrial Logistics Properties Trust ILPT | $457 million | n/a | -14.9% | 33.7% | 3.5% | 9.85 | 3.7% |
| Franklin BSP Realty Trust, Inc. FBRT | $457 million | n/a | n/a | n/a | n/a | 2.92 | 15.9% |
| BrightSpire Capital, Inc. BRSP | $426 million | 24.43 | 2.2% | 27.0% | 2.5% | 2.98 | 18.7% |
| Arbor Realty Trust Inc. ABR | $399 million | n/a | -4.2% | n/a | -12.9% | 4.41 | 43.9% |
| Farmland Partners Inc. FPI | $354 million | 52.72 | 2.3% | 12.4% | -5.6% | 0.56 | 5.2% |
| Apollo Commercial Real Estate Finance, Inc. ARI | $297 million | 2.90 | 10.5% | 35.1% | -14.7% | n/a | 43.1% |
| Mesabi Trust MSB | $233 million | 35.95 | 36.9% | n/a | -87.6% | 0.00 | n/a |
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|---|---|---|---|---|---|---|---|
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| Goldman Sachs Group Inc. GS | $260.6 billion | 13.80 | 17.1% | n/a | 17.8% | 3.57 | 1.9% |
| BlackRock, Inc. BLK | $177.9 billion | 27.44 | 11.4% | 32.6% | 26.5% | 0.22 | 1.9% |
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| Charles Schwab Corp. SCHW | $152.2 billion | 16.00 | 20.1% | n/a | 20.3% | 0.45 | 1.3% |
| Prologis, Inc. PLD | $121.7 billion | 28.26 | 7.6% | 54.8% | 7.2% | 0.66 | 3.3% |
| CME Group Inc. CME | $108.7 billion | 24.87 | 16.8% | 65.7% | 9.0% | 0.13 | 3.7% |
| Equinix Inc. EQIX | $100.3 billion | 60.88 | 11.3% | 22.5% | 11.1% | 1.57 | 2.0% |
| Intercontinental Exchange, Inc. ICE | $94.2 billion | 23.04 | 13.9% | 40.6% | 12.1% | 0.78 | 1.2% |
| Blackstone Inc. BX | $89.2 billion | 26.52 | 39.0% | 47.2% | 17.2% | 1.48 | 4.0% |
| American Tower Corp. AMT | $87.2 billion | 26.50 | 94.2% | 44.8% | 5.3% | 10.69 | 3.7% |
| KKR & Co. Inc. KKR | $84.8 billion | 30.07 | 10.2% | n/a | 31.1% | 1.72 | 0.8% |
| Brookfield Asset Management Ltd. BAM | $77.1 billion | n/a | n/a | 58.6% | 31.9% | 0.38 | n/a |
| Robinhood Markets, Inc. HOOD | $76.5 billion | 39.16 | 19.7% | 45.7% | 20.9% | 0.26 | n/a |
| Simon Property Group Inc. SPG | $70.6 billion | 15.36 | 104.1% | 47.4% | 15.0% | 6.47 | 4.0% |
| Digital Realty Trust, Inc. DLR | $67.8 billion | 75.62 | 3.3% | 16.2% | 20.0% | 0.68 | n/a |
| Apollo Global Management, Inc. APO | $66.7 billion | 42.12 | 8.9% | 20.2% | 41.2% | 0.65 | 1.8% |
| Public Storage PSA | $60.7 billion | 34.01 | 13.1% | 34.5% | 5.2% | 0.84 | 3.7% |
| Nasdaq, Inc. NDAQ | $59.3 billion | 29.03 | 17.4% | 29.7% | 11.9% | 0.73 | 1.1% |
| Realty Income Corp. O | $53.9 billion | 41.56 | 3.2% | 20.1% | 10.9% | 0.78 | 5.7% |
| Ventas, Inc. VTR | $44.9 billion | 160.05 | 1.7% | 3.2% | 22.1% | 0.79 | 2.4% |
| Ameriprise Financial Inc. AMP | $42.6 billion | 11.04 | 81.4% | 26.8% | 10.0% | 1.03 | n/a |
| Ares Management Corp. ARES | $40.1 billion | n/a | 16.0% | 18.1% | 24.0% | 1.79 | 3.9% |
| Crown Castle Inc. CCI | $37.8 billion | n/a | n/a | n/a | n/a | n/a | 4.8% |
| Cboe Global Markets, Inc. CBOE | $35.0 billion | 23.86 | 25.0% | 36.4% | 14.3% | 0.24 | 0.9% |
| Iron Mountain Inc. IRM | $34.7 billion | 83.20 | n/a | 18.8% | 17.4% | n/a | 2.9% |
| Interactive Brokers Group, Inc. IBKR | $34.6 billion | 30.76 | 19.1% | n/a | 21.3% | n/a | n/a |
| Extra Space Storage Inc. EXR | $31.6 billion | 30.78 | 8.1% | 43.8% | 4.1% | 1.03 | 4.3% |
| Raymond James Financial Inc. RJF | $30.2 billion | 13.70 | 18.2% | n/a | 10.5% | 0.07 | 1.3% |
| Tradeweb Markets Inc. TW | $28.5 billion | 28.77 | 13.7% | 44.1% | 14.4% | 0.00 | 0.4% |
| Nomura Holdings Inc. NMR * | $27.2 billion | 12.35 | 9.8% | n/a | 14.0% | n/a | 4.4% |
| Vici Properties Inc. VICI | $27.0 billion | 11.23 | 8.1% | n/a | 4.7% | 0.58 | 7.4% |
| Vivmark Residential VMRK | $23.2 billion | 26.91 | 8.3% | 28.2% | 2.8% | 0.79 | 4.5% |
| Texas Pacific Land Corp. TPL | $22.9 billion | 42.31 | 32.4% | 74.9% | 20.8% | 0.00 | 0.7% |
| T. Rowe Price Group, Inc. TROW | $22.2 billion | 10.51 | 19.2% | 32.0% | 6.9% | 0.00 | 5.0% |
| LPL Financial Holdings Inc. LPLA | $22.1 billion | 16.27 | 24.0% | 9.2% | 31.0% | 1.34 | 0.4% |
| SBA Communications Corp. SBAC | $19.9 billion | 20.18 | n/a | 47.6% | 5.4% | n/a | 2.5% |
| Royal Gold Inc. RGLD | $19.4 billion | 24.97 | 9.7% | 61.4% | 93.5% | 0.05 | 0.8% |
| Pershing Square Inc. PS | $18.1 billion | n/a | n/a | n/a | n/a | 0.16 | n/a |
| TPG Inc. TPG | $18.0 billion | 81.07 | 6.3% | n/a | 30.1% | 0.63 | 4.8% |
| Host Hotels & Resorts, Inc. HST | $17.3 billion | 16.87 | 16.1% | 14.6% | 4.9% | 0.80 | 3.8% |
| Essex Property Trust, Inc. ESS | $17.0 billion | 49.02 | 6.6% | 29.5% | 4.5% | 1.25 | 3.9% |
| Kimco Realty Corp. KIM | $16.3 billion | 22.93 | 7.4% | 40.1% | 3.5% | 0.83 | 4.3% |
| Blue OWL Capital Inc. OWL | $16.2 billion | 73.93 | 4.9% | -105.8% | 119.9% | 1.89 | 8.3% |
| Franklin Templeton Inc. BEN | $16.1 billion | 21.54 | 6.9% | 9.7% | 7.9% | 0.20 | 4.1% |
| Lamar Advertising Co. LAMR | $16.0 billion | 28.75 | 55.9% | 31.8% | 4.4% | 3.53 | 4.2% |
| W. P. Carey Inc. WPC | $14.7 billion | 22.10 | 7.4% | 43.8% | 9.0% | 1.00 | 5.8% |
| Weyerhaeuser Co. WY | $14.7 billion | 32.38 | 4.8% | 11.7% | -1.1% | 0.57 | 4.1% |
| Annaly Capital Management Inc. NLY | $14.3 billion | 12.76 | 7.1% | n/a | 28.4% | 2.43 | 15.3% |
| Carlyle Group Inc. CG | $14.2 billion | 41.89 | 5.0% | 17.0% | -41.9% | 0.42 | 3.5% |
| Omega Healthcare Investors Inc. OHI | $14.1 billion | 16.72 | 15.9% | 60.6% | 15.0% | 0.75 | 5.7% |
| Regency Centers Corp. REG | $13.7 billion | 25.11 | 8.1% | 72.0% | 8.2% | 0.71 | 4.0% |
| Mid-America Apartment Communities, Inc. MAA | $13.6 billion | 35.52 | 7.3% | n/a | 1.0% | 1.10 | 5.2% |
| Sun Communities Inc. SUI | $13.6 billion | n/a | n/a | n/a | n/a | 0.72 | 3.9% |
| Healthpeak Properties, Inc. DOC | $13.1 billion | 54.40 | 3.1% | 5.1% | 5.5% | 1.28 | 6.4% |
| SEI Investments Co. SEIC | $12.3 billion | 18.00 | 28.3% | 29.4% | 12.8% | 0.01 | 1.0% |
| Invesco Ltd. IVZ | $12.3 billion | n/a | -2.5% | -7.1% | 12.2% | 0.13 | 3.0% |
| Freedom Holding Corp. FRHC | $11.5 billion | n/a | n/a | n/a | n/a | n/a | n/a |
| Equity Lifestyle Properties Inc. ELS | $11.5 billion | 29.09 | 23.1% | 26.1% | 3.2% | 1.89 | 3.6% |
| Udr, Inc. UDR | $11.4 billion | 22.63 | 17.8% | 40.8% | 1.5% | 1.98 | 4.9% |
| American Homes 4 Rent AMH | $11.4 billion | 25.09 | 6.8% | 14.8% | 4.3% | 0.75 | 4.0% |
| Gaming & Leisure Properties, Inc. GLPI | $11.3 billion | 11.92 | 18.9% | 79.1% | 7.3% | 1.63 | 8.2% |
| Evercore Inc. EVR | $11.2 billion | 16.43 | 40.1% | 21.4% | 45.4% | 0.29 | 1.2% |
| Stifel Financial Corp. SF | $10.8 billion | 11.83 | 15.9% | n/a | 15.4% | 0.10 | 1.9% |
| Eastgroup Properties Inc. EGP | $10.7 billion | 33.72 | 8.9% | 40.8% | 10.4% | 0.51 | 3.2% |
| Jefferies Financial Group Inc. JEF | $10.6 billion | n/a | 8.3% | n/a | 17.7% | 1.72 | 3.5% |
| American Healthcare REIT, Inc. AHR | $10.4 billion | 78.72 | 3.3% | 19.2% | 16.4% | 0.39 | 1.9% |
| Camden Property Trust CPT | $10.1 billion | 33.35 | 8.6% | n/a | 0.5% | 1.28 | 4.2% |
| Bxp, Inc. BXP | $10.0 billion | 33.75 | 5.8% | 28.3% | 1.9% | 3.03 | n/a |
| Affiliated Managers Group, Inc. AMG | $9.9 billion | 13.21 | 28.2% | 15.1% | 11.8% | 0.99 | 0.0% |
| Houlihan Lokey, Inc. HLI | $9.6 billion | 23.15 | 17.5% | 20.3% | -0.4% | 0.00 | 1.9% |
| CubeSmart CUBE | $9.5 billion | 28.30 | 14.0% | 40.8% | 3.3% | 1.35 | 5.0% |
| Federal Realty Investment Trust FRT | $9.5 billion | 22.02 | 13.6% | 47.7% | 7.8% | 1.50 | 4.1% |
| Brixmor Property Group Inc. BRX | $8.9 billion | 21.26 | 14.1% | n/a | 5.7% | 1.76 | 4.2% |
| Agree Realty Corp. ADC | $8.7 billion | 34.58 | 3.5% | 48.9% | 17.7% | 0.54 | 3.9% |
| CareTrust REIT, Inc. CTRE | $8.6 billion | 22.90 | 7.9% | 55.7% | 53.0% | 0.27 | 4.0% |
| Ryman Hospitality Properties, Inc. RHP | $8.4 billion | 32.57 | 36.3% | 19.8% | 12.2% | 5.30 | 3.6% |
| Morningstar, Inc. MORN | $8.4 billion | 19.77 | 43.4% | 24.5% | 9.4% | 1.64 | 0.9% |
| Virtu Financial, Inc. VIRT | $8.3 billion | 8.93 | 29.5% | 31.3% | 20.8% | 2.68 | 1.8% |
| Janus Living, Inc. JAN | $8.3 billion | n/a | n/a | n/a | n/a | 0.00 | n/a |
| Rexford Industrial Realty, Inc. REXR | $8.2 billion | n/a | -6.4% | 39.8% | -2.0% | 0.39 | 4.5% |
| Lineage, Inc. LINE | $8.2 billion | n/a | -2.1% | 3.6% | 1.0% | 0.79 | 5.9% |
| InterDigital, Inc. IDCC | $8.0 billion | 34.34 | 25.2% | 45.1% | -12.0% | 0.25 | 0.9% |
| NNN REIT, Inc. NNN | $7.9 billion | 20.10 | 8.6% | 62.3% | 6.5% | 1.12 | 5.9% |
| First Industrial Realty Trust Inc. FR | $7.2 billion | 20.22 | 12.9% | 41.6% | 8.5% | 0.96 | 3.6% |
| Stag Industrial, Inc. STAG | $7.1 billion | 26.16 | 7.4% | 37.7% | 9.3% | 0.94 | 4.2% |
| Alexandria Real Estate Equities, Inc. ARE | $7.0 billion | n/a | -9.7% | -85.8% | -9.9% | 0.87 | 7.2% |
| Macerich Co. MAC | $6.9 billion | n/a | -6.0% | -11.1% | 1.3% | 1.71 | 2.8% |
| Victory Capital Holdings, Inc. VCTR | $6.8 billion | 20.35 | 19.4% | 41.3% | 51.5% | 0.41 | 1.8% |
| Vornado Realty Trust VNO | $6.5 billion | 1,727.50 | 1.2% | n/a | 1.4% | 1.29 | 2.1% |
| StoneX Group Inc. SNEX | $6.3 billion | 9.14 | 18.5% | n/a | 48.7% | 6.97 | n/a |
| Healthcare Realty Trust Inc. HR | $6.3 billion | n/a | -1.1% | n/a | -5.8% | 1.04 | 5.2% |
| Galaxy Digital Inc. GLXY | $6.2 billion | n/a | -18.5% | -2.3% | 66.0% | 1.55 | n/a |
| Essential Properties Realty Trust, Inc. EPRT | $5.9 billion | 21.75 | 5.8% | 60.6% | 20.4% | 0.66 | 4.7% |
| Marketaxess Holdings Inc. MKTX | $5.8 billion | 19.50 | 24.7% | 40.5% | 3.9% | 0.09 | 1.9% |
| Dolby Laboratories, Inc. DLB | $5.8 billion | 26.41 | 8.8% | 17.7% | 0.6% | 0.00 | 2.3% |
| Rayonier Inc. RYN | $5.8 billion | n/a | n/a | n/a | n/a | 0.36 | 5.5% |
| Outfront Media Inc. OUT | $5.6 billion | 23.03 | 35.3% | 20.5% | 7.6% | 3.65 | 3.7% |
| SSR Mining Inc. SSRM | $5.5 billion | 24.06 | 7.0% | 40.2% | 48.4% | 0.00 | n/a |
| BGC Group, Inc. BGC | $5.3 billion | 27.39 | 18.0% | 4.7% | 27.6% | 1.60 | 0.7% |
| StepStone Group Inc. STEP | $5.2 billion | n/a | n/a | -58.2% | 48.5% | n/a | 3.4% |
| Rithm Capital Corp. RITM | $5.2 billion | n/a | n/a | n/a | n/a | 3.52 | 10.7% |
| Sabra Health Care REIT, Inc. SBRA | $5.0 billion | 76.00 | 2.4% | n/a | 17.3% | 0.95 | 6.1% |
| Phillips Edison & Company, Inc. PECO | $5.0 billion | 26.97 | 7.5% | n/a | 7.0% | 1.05 | 5.9% |
| Kite Realty Group Trust KRG | $5.0 billion | 15.47 | 12.4% | 17.4% | -7.4% | 1.02 | 5.2% |
| Cousins Properties Inc. CUZ | $4.9 billion | 328.11 | 0.3% | 68.3% | 8.5% | 0.80 | 4.3% |
| HA Sustainable Infrastructure Capital, Inc. HASI | $4.8 billion | 70.29 | 3.3% | n/a | 26.5% | 2.23 | 4.5% |
| Hamilton Lane Inc. HLNE | $4.6 billion | 12.77 | 29.4% | 43.6% | 24.0% | 0.29 | n/a |
| Howard Hughes Holdings Inc. HHH | $4.5 billion | 15.43 | 7.4% | 21.3% | 34.0% | 1.38 | n/a |
| Starwood Property Trust, Inc. STWD | $4.5 billion | 21.03 | 3.5% | 1.5% | 11.8% | 2.91 | 15.7% |
| EPR Properties EPR | $4.4 billion | 16.30 | 12.7% | 59.0% | 7.3% | 1.43 | 6.3% |
| Apple Hospitality REIT, Inc. APLE | $4.4 billion | 25.04 | 5.6% | 17.9% | 1.2% | 0.48 | 5.2% |
| Federated Hermes, Inc. FHI | $4.3 billion | 10.58 | 32.5% | 27.8% | 13.2% | 0.27 | 2.5% |
| Piper Sandler Companies PIPR | $4.3 billion | 14.78 | 22.4% | n/a | 32.4% | n/a | 3.1% |
| Tanger Inc. SKT | $4.2 billion | n/a | n/a | n/a | n/a | 2.76 | n/a |
| Lazard, Inc. LAZ | $4.2 billion | 23.24 | 19.5% | 8.1% | 9.2% | 1.78 | 5.2% |
| Kilroy Realty Corp. KRC | $4.2 billion | 150.38 | 0.6% | n/a | -3.6% | 0.84 | 6.0% |
| Americold Realty Trust COLD | $4.1 billion | n/a | -18.9% | -12.5% | -0.2% | 1.76 | n/a |
| Copt Defense Properties CDP | $3.8 billion | 23.17 | 10.7% | 30.3% | 4.5% | 1.70 | 3.7% |
| Cohen & Steers, Inc. CNS | $3.7 billion | 22.23 | 27.8% | 32.4% | 8.6% | 0.00 | 3.6% |
| PJT Partners Inc. PJT | $3.7 billion | 20.50 | 63.9% | 21.0% | 22.9% | 0.00 | 0.7% |
| LXP Industrial Trust LXP | $3.6 billion | 31.54 | 5.9% | n/a | -3.5% | 0.66 | 4.5% |
| SL Green Realty Corp. SLG | $3.6 billion | n/a | -5.1% | 66.6% | 8.5% | 1.26 | 5.5% |
| Independence Realty Trust, Inc. IRT | $3.5 billion | 81.89 | 1.3% | 16.9% | 3.5% | 0.73 | 4.7% |
| Highwoods Properties, Inc. HIW | $3.4 billion | 18.45 | 7.8% | 67.2% | 5.4% | 1.48 | 6.5% |
| Miami International Holdings, Inc. MIAX | $3.3 billion | 43.68 | 12.4% | 7.9% | n/a | 0.00 | n/a |
| Broadstone Net Lease, Inc. BNL | $3.3 billion | 22.50 | 5.1% | 46.0% | 8.0% | 1.01 | 6.8% |
| National Health Investors Inc. NHI | $3.2 billion | 19.39 | 10.6% | n/a | 23.9% | 0.81 | 5.5% |
| Acadian Asset Management Inc. AAMI | $3.2 billion | 31.40 | n/a | 23.7% | 24.2% | n/a | 0.2% |
| WisdomTree, Inc. WT | $3.1 billion | 39.85 | 19.3% | 38.8% | 37.1% | 2.57 | 0.6% |
| CoreCivic, Inc. CXW | $3.1 billion | 24.69 | 8.9% | 9.9% | 24.3% | 0.94 | n/a |
| Artisan Partners Asset Management Inc. APAM | $3.0 billion | 8.56 | 69.7% | 33.4% | 8.7% | 0.43 | 8.6% |
| DiamondRock Hospitality Co. DRH | $2.9 billion | 19.52 | 10.1% | 16.2% | 1.0% | 0.72 | 2.7% |
| Acadia Realty Trust AKR | $2.6 billion | n/a | n/a | n/a | n/a | 0.70 | 4.2% |
| Four Corners Property Trust, Inc. FCPT | $2.5 billion | 20.61 | 7.3% | n/a | 10.2% | 0.96 | 6.5% |
| InvenTrust Properties Corp. IVT | $2.4 billion | 83.70 | 1.6% | -7.7% | 12.6% | 0.58 | 3.2% |
| LTC Properties Inc. LTC | $2.4 billion | 16.52 | 10.7% | 53.0% | 59.8% | 0.61 | 5.1% |
| Pebblebrook Hotel Trust PEB | $2.4 billion | n/a | -2.9% | 3.1% | 2.8% | 0.89 | 0.2% |
| Netstreit Corp. NTST | $2.2 billion | 79.68 | 1.1% | 32.5% | 27.1% | 0.60 | 5.0% |
| SmartStop Self Storage REIT, Inc. SMA | $2.0 billion | 71.65 | 2.5% | 21.4% | 21.1% | 0.97 | n/a |
| RLJ Lodging Trust RLJ | $1.9 billion | 294.27 | 1.3% | 9.5% | 1.1% | 1.25 | 4.8% |
| Diversified Healthcare Trust DHC | $1.9 billion | n/a | -16.8% | -8.6% | -1.5% | 1.54 | 0.5% |
| Douglas Emmett Inc. DEI | $1.7 billion | n/a | -1.2% | 19.0% | 0.8% | 3.11 | 7.5% |
| CBL & Associates Properties Inc. CBL | $1.6 billion | 7.27 | 50.8% | 27.2% | 9.0% | 4.76 | n/a |
| Global Net Lease, Inc. GNL | $1.5 billion | n/a | n/a | n/a | n/a | 1.59 | 10.8% |
| American Assets Trust, Inc. AAT | $1.3 billion | 62.47 | 1.9% | 23.6% | 1.1% | 0.07 | 6.2% |
| Medical Properties Trust Inc. MPT | $1.3 billion | n/a | -0.7% | 4.3% | 10.6% | 2.16 | 15.6% |
| UMH Properties, Inc. UMH | $1.3 billion | 126.38 | 1.2% | n/a | 8.4% | 0.89 | 5.9% |
| Alexanders Inc. ALX | $1.3 billion | 7.61 | 75.9% | n/a | -1.5% | 3.73 | 7.2% |
| Digital Turbine, Inc. APPS | $1.1 billion | n/a | -18.3% | 10.3% | 19.2% | 1.85 | n/a |
| Easterly Government Properties, Inc. DEA | $1.1 billion | 77.03 | 1.1% | 23.9% | 11.4% | 1.28 | 8.1% |
| Ridgepost Capital, Inc. RPC | $1.0 billion | 38.44 | 5.3% | 23.6% | 4.4% | 0.95 | 1.6% |
| Centerspace CSR | $983 million | 46.82 | 3.2% | 26.0% | 0.7% | 1.45 | 5.3% |
| Orchid Island Capital, Inc. ORC | $934 million | 96.00 | -0.5% | 95.7% | 74.8% | 9.21 | 27.5% |
| Oppenheimer Holdings Inc. OPY | $920 million | 11.56 | 8.7% | 7.2% | 13.9% | n/a | 2.0% |
| Navient LLC NAVI | $873 million | n/a | -2.1% | n/a | -35.5% | 18.49 | 6.9% |
| Empire State Realty Trust, Inc. ESRT | $860 million | 248.50 | 0.3% | -4.4% | 2.0% | 2.14 | 2.8% |
| Abacus Global Management, Inc. ABX | $820 million | 31.30 | 6.5% | 31.8% | 65.3% | 0.76 | n/a |
| Service Properties Trust SVC | $811 million | 8.13 | -52.4% | -4.0% | -11.9% | 5.68 | 1.8% |
| Safehold Inc. SAFE | $803 million | 7.02 | 4.8% | 25.1% | 12.1% | 1.91 | 6.3% |
| Virtus Investment Partners, Inc. VRTS | $785 million | 6.76 | 12.7% | 15.7% | -7.2% | 0.44 | 8.1% |
| Summit Hotel Properties, Inc. INN | $767 million | n/a | -2.9% | 9.0% | 1.2% | 1.63 | 4.5% |
| CTO Realty Growth, Inc. CTO | $763 million | 17.27 | 6.5% | 37.5% | 15.9% | 1.05 | n/a |
| Saul Centers, Inc. BFS | $721 million | 30.02 | 11.8% | 67.0% | 8.7% | 5.42 | 8.1% |
| JBG Smith Properties JBGS | $705 million | n/a | -14.2% | -0.9% | -1.1% | 2.37 | 5.9% |
| Chimera Investment Corp. CIM | $695 million | n/a | 0.1% | n/a | 11.6% | 3.30 | 19.8% |
| Chatham Lodging Trust CLDT | $686 million | 184.12 | 1.7% | 12.5% | -3.1% | 0.57 | 2.6% |
| PennyMac Mortgage Investment Trust PMT | $651 million | 5.26 | 9.0% | 36.5% | 14.6% | 1.71 | 21.4% |
| Postal Realty Trust, Inc. PSTL | $651 million | 39.84 | 5.2% | 37.8% | 22.0% | 1.14 | 4.5% |
| Universal Health Realty Income Trust UHT | $531 million | 27.51 | 13.4% | 35.3% | 0.8% | 2.67 | 7.7% |
| Brandywine Realty Trust BDN | $506 million | n/a | -21.5% | 19.0% | 3.5% | 3.73 | 10.8% |
| TPG RE Finance Trust, Inc. TRTX | $493 million | 16.68 | 4.4% | n/a | -2.4% | 4.10 | 14.8% |
| One Liberty Properties Inc. OLP | $470 million | 14.22 | 11.4% | 57.0% | 9.5% | 1.74 | 8.1% |
| NexPoint Residential Trust, Inc. NXRT | $460 million | n/a | -13.5% | 11.1% | -0.5% | 6.55 | 11.7% |
| Industrial Logistics Properties Trust ILPT | $457 million | n/a | -14.9% | 33.7% | 3.5% | 9.85 | 3.7% |
| Franklin BSP Realty Trust, Inc. FBRT | $457 million | n/a | n/a | n/a | n/a | 2.92 | 15.9% |
| BrightSpire Capital, Inc. BRSP | $426 million | 24.43 | 2.2% | 27.0% | 2.5% | 2.98 | 18.7% |
| Arbor Realty Trust Inc. ABR | $399 million | n/a | -4.2% | n/a | -12.9% | 4.41 | 43.9% |
| Farmland Partners Inc. FPI | $354 million | 52.72 | 2.3% | 12.4% | -5.6% | 0.56 | 5.2% |
| Apollo Commercial Real Estate Finance, Inc. ARI | $297 million | 2.90 | 10.5% | 35.1% | -14.7% | n/a | 43.1% |
| Mesabi Trust MSB | $233 million | 35.95 | 36.9% | n/a | -87.6% | 0.00 | n/a |
| North European Oil Royalty Trust NRT | $62 million | n/a | n/a | n/a | n/a | n/a | n/a |
Read more
By market capitalisation; a click on a heading sorts by it, largest first, and a second click turns it round. Each figure is the same arithmetic as the ratio box above, on each company's own filings and latest close; a name marked * is a foreign company that files once a year, on its latest fiscal year.Filings
| Filing | Period | Filed | Where |
|---|---|---|---|
| 10-Q | 31 July 2026 | 11 September 2026 | EDGAR |
| 10-Q | 30 April 2026 | 12 June 2026 | EDGAR |
| 10-K | 31 January 2026 | 22 April 2026 | EDGAR |
| 10-Q | 31 October 2025 | 12 December 2025 | EDGAR |
| 10-Q | 31 July 2025 | 15 September 2025 | EDGAR |
| 10-Q | 30 April 2025 | 12 June 2025 | EDGAR |
| 10-K | 31 January 2025 | 24 April 2025 | EDGAR |
| 10-Q | 31 October 2024 | 13 December 2024 | EDGAR |
| 10-Q | 31 July 2024 | 5 September 2024 | EDGAR |
| 10-Q | 30 April 2024 | 13 June 2024 | EDGAR |