vs

Side-by-side financial comparison of EON Resources Inc. (EONR) and MESABI TRUST (MSB). Click either name above to swap in a different company.

EON Resources Inc. is the larger business by last-quarter revenue ($4.4M vs $3.6M, roughly 1.2× MESABI TRUST). EON Resources Inc. runs the higher net margin — 128.9% vs 77.1%, a 51.8% gap on every dollar of revenue. On growth, EON Resources Inc. posted the faster year-over-year revenue change (-40.7% vs -95.5%). Over the past eight quarters, EON Resources Inc.'s revenue compounded faster (-9.1% CAGR vs -24.1%).

E.ON SE is a European multinational electric utility company based in Essen, Germany. It operates as one of the world's largest investor-owned electric utility service providers. The name originates from the Latin word aeon, derived from the Greek αἰών aion, which means age or "infinity", with the period being added to create secondary meanings of "energy" (E) and "illumination" (ON). The company is a component of the Euro Stoxx 50 stock market index, DAX stock index and a member of the Dow J...

Mesabi Trust is a United States-based royalty trust that holds permanent royalty interests in iron ore mining properties located in Minnesota's Mesabi Range. It earns revenue primarily from royalty payments tied to the production and sale of iron ore products, with core earnings sourced from active mining partners operating on the land it holds interests in, catering to the global steel manufacturing market.

EONR vs MSB — Head-to-Head

Bigger by revenue
EONR
EONR
1.2× larger
EONR
$4.4M
$3.6M
MSB
Growing faster (revenue YoY)
EONR
EONR
+54.7% gap
EONR
-40.7%
-95.5%
MSB
Higher net margin
EONR
EONR
51.8% more per $
EONR
128.9%
77.1%
MSB
Faster 2-yr revenue CAGR
EONR
EONR
Annualised
EONR
-9.1%
-24.1%
MSB

Income Statement — Q3 FY2025 vs Q3 FY2026

Metric
EONR
EONR
MSB
MSB
Revenue
$4.4M
$3.6M
Net Profit
$5.6M
$2.8M
Gross Margin
77.1%
Operating Margin
-40.4%
Net Margin
128.9%
77.1%
Revenue YoY
-40.7%
-95.5%
Net Profit YoY
316.8%
-96.5%
EPS (diluted)
$0.10

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
EONR
EONR
MSB
MSB
Q4 25
$3.6M
Q3 25
$4.4M
$5.6M
Q2 25
$4.6M
$4.7M
Q1 25
$4.6M
$6.9M
Q4 24
$3.7M
$79.0M
Q3 24
$7.4M
$6.5M
Q2 24
$5.1M
$6.3M
Q1 24
$3.3M
$6.2M
Net Profit
EONR
EONR
MSB
MSB
Q4 25
$2.8M
Q3 25
$5.6M
$4.7M
Q2 25
$-1.3M
$3.6M
Q1 25
$-1.8M
$6.1M
Q4 24
$-5.1M
$78.3M
Q3 24
$1.3M
$5.4M
Q2 24
$-637.8K
$3.5M
Q1 24
$-4.7M
$4.7M
Gross Margin
EONR
EONR
MSB
MSB
Q4 25
77.1%
Q3 25
84.6%
Q2 25
76.7%
Q1 25
88.5%
Q4 24
99.1%
Q3 24
83.2%
Q2 24
55.7%
Q1 24
75.3%
Operating Margin
EONR
EONR
MSB
MSB
Q4 25
Q3 25
-40.4%
Q2 25
-4.5%
Q1 25
-5.9%
Q4 24
-87.2%
Q3 24
27.0%
Q2 24
-6.5%
Q1 24
-68.9%
Net Margin
EONR
EONR
MSB
MSB
Q4 25
77.1%
Q3 25
128.9%
84.6%
Q2 25
-28.4%
76.7%
Q1 25
-38.4%
88.5%
Q4 24
-137.4%
99.1%
Q3 24
18.3%
83.2%
Q2 24
-12.6%
55.7%
Q1 24
-143.0%
75.3%
EPS (diluted)
EONR
EONR
MSB
MSB
Q4 25
Q3 25
$0.10
Q2 25
$-0.06
Q1 25
$-0.11
Q4 24
$-0.62
Q3 24
$0.24
Q2 24
$-0.12
Q1 24
$-0.90

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
EONR
EONR
MSB
MSB
Cash + ST InvestmentsLiquidity on hand
$875.6K
Total DebtLower is stronger
$5.7M
Stockholders' EquityBook value
$60.9M
$21.1M
Total Assets
$89.5M
$26.0M
Debt / EquityLower = less leverage
0.09×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EONR
EONR
MSB
MSB
Q4 25
Q3 25
$875.6K
Q2 25
$3.1M
Q1 25
$3.1M
Q4 24
$3.0M
Q3 24
Q2 24
Q1 24
$3.4M
Total Debt
EONR
EONR
MSB
MSB
Q4 25
Q3 25
$5.7M
Q2 25
$43.4M
Q1 25
$43.1M
Q4 24
$44.1M
Q3 24
$44.6M
Q2 24
$44.7M
Q1 24
$45.5M
Stockholders' Equity
EONR
EONR
MSB
MSB
Q4 25
$21.1M
Q3 25
$60.9M
$22.8M
Q2 25
$17.0M
$19.6M
Q1 25
$11.3M
$23.3M
Q4 24
$3.1M
$95.3M
Q3 24
$-6.4M
$22.1M
Q2 24
$-6.9M
$20.7M
Q1 24
$-7.4M
$21.0M
Total Assets
EONR
EONR
MSB
MSB
Q4 25
$26.0M
Q3 25
$89.5M
$24.8M
Q2 25
$106.0M
$27.4M
Q1 25
$103.9M
$101.7M
Q4 24
$102.7M
$100.7M
Q3 24
$103.2M
$26.2M
Q2 24
$101.9M
$25.1M
Q1 24
$100.3M
$26.7M
Debt / Equity
EONR
EONR
MSB
MSB
Q4 25
Q3 25
0.09×
Q2 25
2.55×
Q1 25
3.82×
Q4 24
14.16×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
EONR
EONR
MSB
MSB
Operating Cash FlowLast quarter
$-7.7M
$3.5M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
-1.37×
1.27×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EONR
EONR
MSB
MSB
Q4 25
$3.5M
Q3 25
$-7.7M
$4.4M
Q2 25
$30.4K
$2.1M
Q1 25
$-1.8M
$93.9M
Q4 24
$78.2M
Q3 24
$1.1M
$3.8M
Q2 24
$1.1M
$2.5M
Q1 24
$1.1M
$14.6M
Cash Conversion
EONR
EONR
MSB
MSB
Q4 25
1.27×
Q3 25
-1.37×
0.92×
Q2 25
0.57×
Q1 25
15.48×
Q4 24
1.00×
Q3 24
0.81×
0.71×
Q2 24
0.72×
Q1 24
3.11×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Related Comparisons