Carbon steels are commonly used in railroad, shipment, building, and bridge construction. They provide excellent ductility and toughness when exposed to external stresses. They are able to resist stresses and strains effectively, and guarantee safe operation of the devices through nondestructive testing (NDT). The magnetic metal memory (MMM) can be used as an NDT method to measure the residual stress. The ability of carbon steel to produce a magnetic memory effect under stress is explored here, and enables the magnetic flux density to be analyzed. The relationship between stress and magnetic flux density has not been fully presented until now. The purpose of this paper is to assess the relationship between stress distribution and the magnetic flux density measured by the experiment. For this, an experimental method for examining a carbon steel plate (SA 106), based on the four-point loading test, was used. The effect of stresses resulting from the applied loads on the response of the experimented SA 106 specimen was examined. A three directional tunnel magnetoresistance (TMR) measurement system was used to collect the triaxial magnetic flux density distribution in the SA 106 specimen. In addition, finite element method (FEM) analyses were performed, and provided information on the direction and distribution of the stress over the studied SA 106 specimen. Indeed, a correlation was derived by comparing the stress analysis by FEM and the measured triaxial magnetic flux density.