NYSE : SCCO
Southern Copper Corporation — Financial statements
Materials · Copper · United States
Last price 180.55 USD (Oct 30, 2026, 12:30 PM EDT) · Market cap 152.44B
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Financial statements
Southern Copper Corporation (SCCO) reported revenue of 17.11B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 17.11B | 13.42B | 11.43B | 9.90B | 10.05B | 10.93B |
| Cost of Revenue | 5.84B | 5.25B | 4.74B | 4.57B | 4.53B | 3.79B |
| Gross Profit | 11.26B | 8.17B | 6.70B | 5.32B | 5.51B | 7.15B |
| Selling, General & Admin | 263.00M | 250.50M | 236.60M | 242.70M | 240.60M | 233.50M |
| Operating Expenses | 1.23B | 1.17B | 1.14B | 1.13B | 1.08B | 1.08B |
| Operating Income | 10.03B | 7.00B | 5.55B | 4.19B | 4.44B | 6.07B |
| Interest Expense | -371.10M | -369.30M | -334.10M | -326.70M | -340.10M | -357.10M |
| Interest & Investment Income | 225.70M | 199.70M | 131.40M | 86.60M | 35.00M | 7.20M |
| Earnings From Equity Investments | 82.50M | 34.00M | 6.40M | -2.20M | -3.70M | 13.60M |
| Other Non Operating Income (Expenses) | -22.20M | -47.80M | -25.80M | 3.60M | 117.10M | -18.40M |
| EBT Excluding Unusual Items | 9.94B | 6.82B | 5.33B | 3.95B | 4.24B | 5.71B |
| Pretax Income | 9.94B | 6.82B | 5.36B | 3.95B | 4.24B | 5.71B |
| Income Tax Expense | 3.57B | 2.47B | 1.98B | 1.52B | 1.60B | 2.30B |
| Earnings From Continuing Operations | 6.38B | 4.35B | 3.39B | 2.43B | 2.65B | 3.41B |
| Minority Interest in Earnings | -18.50M | -13.30M | -11.80M | -9.50M | -9.50M | -14.10M |
| Net Income | 6.36B | 4.33B | 3.38B | 2.43B | 2.64B | 3.40B |
| Net Income to Common | 6.36B | 4.33B | 3.38B | 2.43B | 2.64B | 3.40B |
| Shares Outstanding (Basic) | 852.07M | 852.07M | 834.67M | 812.89M | 844.29M | 844.29M |
| Shares Outstanding (Diluted) | 852.07M | 852.07M | 834.67M | 812.89M | 844.29M | 844.29M |
| EPS (Basic) | 7.46 | 5.09 | 4.05 | 2.98 | 3.13 | 4.02 |
| EPS (Diluted) | 7.46 | 5.09 | 4.05 | 2.98 | 3.13 | 4.02 |
| Free Cash Flow | 5.60B | 3.43B | 3.39B | 2.56B | 1.85B | 3.40B |
| Free Cash Flow Per Share | 6.57 | 4.02 | 4.07 | 3.15 | 2.20 | 4.03 |
| Dividend Per Share | 3.84 | 2.94 | 1.95 | 3.66 | 3.20 | 2.93 |
| Gross Margin | 65.84% | 60.91% | 58.58% | 53.80% | 54.88% | 65.37% |
| Operating Margin | 58.63% | 52.17% | 48.58% | 42.36% | 44.15% | 55.47% |
| Profit Margin | 37.16% | 32.30% | 29.54% | 24.51% | 26.26% | 31.07% |
| Free Cash Flow Margin | 32.73% | 25.54% | 29.69% | 25.91% | 18.45% | 31.10% |
| EBITDA | 10.97B | 7.90B | 6.43B | 5.03B | 5.23B | 6.87B |
| EBITDA Margin | 64.16% | 58.89% | 56.21% | 50.79% | 52.07% | 62.84% |
| D&A For EBITDA | 945.80M | 901.40M | 871.60M | 833.60M | 796.30M | 806.00M |
| EBIT | 10.03B | 7.00B | 5.55B | 4.19B | 4.44B | 6.07B |
| EBIT Margin | 58.63% | 52.17% | 48.58% | 42.36% | 44.15% | 55.47% |
| Effective Tax Rate | 35.89% | 36.23% | 36.83% | 38.42% | 37.61% | 40.26% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 4.82B | 4.30B | 3.26B | 1.15B | 2.07B | 3.00B |
| Short-Term Investments | 3.24B | 604.60M | 245.30M | 599.30M | 208.30M | 486.90M |
| Cash & Short-Term Investments | 8.06B | 4.91B | 3.50B | 1.75B | 2.28B | 3.49B |
| Accounts Receivable | 2.37B | 1.97B | 1.20B | 1.17B | 1.43B | 1.41B |
| Other Receivables | 75.10M | 55.10M | 40.70M | 60.00M | 46.90M | 39.30M |
| Receivables | 2.44B | 2.02B | 1.24B | 1.23B | 1.47B | 1.45B |
| Inventory | 1.06B | 1.06B | 1.05B | 1.02B | 1.01B | 972.90M |
| Prepaid Expenses | 271.40M | 331.20M | 346.70M | 395.40M | 377.60M | 197.70M |
| Other Current Assets | 20.30M | 31.40M | 31.50M | 38.10M | 44.40M | 33.50M |
| Total Current Assets | 11.86B | 8.35B | 6.17B | 4.43B | 5.19B | 6.14B |
| Property, Plant & Equipment | 11.67B | 10.97B | 10.62B | 10.56B | 10.45B | 10.38B |
| Long-Term Investments | 168.80M | 134.50M | 111.90M | 108.20M | 110.80M | 115.40M |
| Goodwill | 41.90M | 41.90M | 41.90M | 41.90M | 41.90M | |
| Other Intangible Assets | 120.60M | 80.50M | 82.70M | 88.30M | 92.80M | 96.20M |
| Long-Term Deferred Tax Assets | 402.00M | 336.30M | 310.60M | 256.10M | 237.30M | 316.20M |
| Other Long-Term Assets | 1.38B | 1.46B | 1.37B | 1.24B | 1.16B | 1.21B |
| Total Assets | 25.61B | 21.38B | 18.71B | 16.73B | 17.28B | 18.30B |
| Accounts Payable | 992.80M | 861.50M | 615.20M | 652.60M | 657.60M | 591.90M |
| Accrued Expenses | 653.20M | 562.60M | 416.00M | 379.60M | 362.70M | 451.90M |
| Current Portion of Long-Term Debt | 499.80M | 299.70M | ||||
| Current Portion of Leases | 89.00M | 86.50M | 81.80M | 78.00M | 77.30M | 73.90M |
| Current Income Taxes Payable | 1.02B | 634.40M | 635.20M | 278.30M | 138.10M | 832.60M |
| Other Current Liabilities | 100.00K | 100.00K | ||||
| Total Current Liabilities | 2.75B | 2.15B | 2.25B | 1.39B | 1.24B | 2.25B |
| Long-Term Debt | 8.00B | 6.75B | 5.76B | 6.25B | 6.25B | 6.25B |
| Long-Term Leases | 512.60M | 576.30M | 657.60M | 697.40M | 774.10M | 842.40M |
| Long-Term Deferred Tax Liabilities | 104.30M | 130.50M | 124.50M | 132.20M | 161.20M | 118.30M |
| Other Long-Term Liabilities | 646.30M | 673.90M | 686.60M | 771.40M | 708.30M | 631.20M |
| Total Liabilities | 12.01B | 10.28B | 9.48B | 9.24B | 9.13B | 10.09B |
| Common Stock | 8.80M | 8.80M | 8.80M | 8.80M | 8.80M | 8.80M |
| Additional Paid-In Capital | 11.24B | 7.26B | 5.03B | 3.53B | 3.49B | 3.45B |
| Retained Earnings | 3.70B | 5.80B | 6.84B | 7.03B | 7.70B | 7.77B |
| Treasury Stock | -1.43B | -2.03B | -2.70B | -3.15B | -3.11B | -3.07B |
| Comprehensive Income & Other | 8.20M | 8.40M | -2.10M | -8.00M | -9.00M | -9.40M |
| Total Common Equity | 13.52B | 11.04B | 9.17B | 7.42B | 8.08B | 8.15B |
| Minority Interest | 78.70M | 66.80M | 66.60M | 63.10M | 62.70M | 58.60M |
| Shareholders' Equity | 13.60B | 11.10B | 9.24B | 7.48B | 8.15B | 8.21B |
| Total Liabilities & Equity | 25.61B | 21.38B | 18.71B | 16.73B | 17.28B | 18.30B |
| Total Debt | 8.60B | 7.41B | 7.00B | 7.03B | 7.10B | 7.46B |
| Net Cash (Debt) | -534.60M | -2.50B | -3.49B | -5.28B | -4.82B | -3.98B |
| Net Cash Per Share | -0.63 | -2.94 | -4.19 | -6.49 | -5.71 | -4.71 |
| Filing Date Shares Outstanding | 844.34M | 844.34M | 844.32M | 844.31M | 844.30M | 844.28M |
| Total Common Shares Outstanding | 870.36M | 844.34M | 844.33M | 844.31M | 844.30M | 844.28M |
| Working Capital | 9.11B | 6.21B | 3.93B | 3.04B | 3.95B | 3.89B |
| Book Value Per Share | 15.53 | 13.07 | 10.86 | 8.79 | 9.58 | 9.65 |
| Tangible Book Value | 13.40B | 10.92B | 9.05B | 7.29B | 7.95B | 8.01B |
| Tangible Book Value Per Share | 15.39 | 12.93 | 10.72 | 8.63 | 9.42 | 9.49 |
| Land | 377.50M | 340.10M | 277.50M | 275.40M | 258.60M | |
| Buildings | 18.78B | 18.01B | 17.44B | 16.72B | 15.99B | |
| Construction In Progress | 1.82B | 1.58B | 1.66B | 1.75B | 1.67B |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 6.36B | 4.33B | 3.38B | 2.43B | 2.64B | 3.40B |
| Depreciation & Amortization | 945.80M | 901.40M | 871.60M | 833.60M | 796.30M | 806.00M |
| Loss (Gain) on Equity Investments | -45.20M | -22.60M | -3.70M | 2.60M | 4.60M | -1.10M |
| Other Operating Activities | -55.60M | 51.10M | -61.70M | 1.70M | 203.30M | -100.30M |
| Change in Accounts Receivable | -627.70M | -761.60M | -48.50M | 253.00M | -35.40M | -289.80M |
| Change in Inventory | 68.50M | 22.10M | -56.10M | -60.40M | -7.70M | 4.70M |
| Change in Accounts Payable | 946.90M | 326.20M | 385.70M | 152.10M | -718.00M | 558.20M |
| Change in Other Net Operating Assets | -187.60M | -99.40M | -42.40M | -34.70M | -79.10M | -82.40M |
| Operating Cash Flow | 7.40B | 4.75B | 4.42B | 3.57B | 2.80B | 4.29B |
| Capital Expenditures | -1.80B | -1.33B | -1.03B | -1.01B | -948.50M | -892.30M |
| Investment in Securities | -2.66B | -359.30M | 354.00M | -391.00M | 278.50M | -76.10M |
| Other Investing Activities | 1.20M | 3.20M | -4.50M | |||
| Investing Cash Flow | -4.47B | -1.68B | -673.30M | -1.40B | -666.80M | -972.90M |
| Long-Term Debt Issued | 993.80M | |||||
| Long-Term Debt Repaid | -500.00M | -300.00M | ||||
| Net Debt Issued (Repaid) | 1.25B | 493.80M | -300.00M | |||
| Common Dividends Paid | -3.29B | -2.49B | -1.64B | -3.09B | -2.71B | -2.47B |
| Other Financing Activities | -7.10M | -15.90M | -8.00M | -8.80M | -5.20M | -6.40M |
| Financing Cash Flow | -2.05B | -2.01B | -1.65B | -3.10B | -3.01B | -2.48B |
| Foreign Exchange Rate Adjustments | -7.20M | -13.70M | 3.40M | 8.30M | -57.00M | -20.90M |
| Miscellaneous Cash Flow Adjustments | -100.00K | -100.00K | ||||
| Net Cash Flow | 874.00M | 1.05B | 2.11B | -918.20M | -932.30M | 818.40M |
| Free Cash Flow | 5.60B | 3.43B | 3.39B | 2.56B | 1.85B | 3.40B |
| Free Cash Flow Margin | 32.73% | 25.54% | 29.69% | 25.91% | 18.45% | 31.10% |
| Free Cash Flow Per Share | 6.57 | 4.02 | 4.07 | 3.15 | 2.20 | 4.03 |
| Levered Free Cash Flow | 5.58B | 3.34B | 3.47B | 2.62B | 1.43B | 3.61B |
| Unlevered Free Cash Flow | 5.81B | 3.57B | 3.68B | 2.83B | 1.64B | 3.84B |
| Cash Interest Paid | 388.20M | 388.20M | 369.70M | 369.70M | 380.20M | 380.20M |
| Cash Income Tax Paid | 2.50B | 2.50B | 1.59B | 1.43B | 2.39B | 1.95B |
| Change in Working Capital | 200.10M | -512.70M | 238.70M | 310.00M | -840.20M | 190.70M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 149.90B | 117.52B | 72.03B | 66.54B | 46.69B | 47.71B |
| Enterprise Value | 150.43B | 120.49B | 76.11B | 71.43B | 51.98B | 52.03B |
| Last Close Price | 177.53 | 137.03 | 81.53 | 73.66 | 49.07 | 47.07 |
| PE Ratio | 23.80 | 27.11 | 21.33 | 27.44 | 17.70 | 14.04 |
| Forward PE | 22.57 | 24.78 | 19.17 | 27.73 | 20.94 | 17.65 |
| PS Ratio | 8.76 | 8.76 | 6.30 | 6.72 | 4.65 | 4.36 |
| PB Ratio | 11.43 | 10.58 | 7.80 | 8.89 | 5.73 | 5.81 |
| P/TBV Ratio | 11.19 | 10.77 | 7.96 | 9.13 | 5.87 | 5.96 |
| P/FCF Ratio | 26.77 | 34.29 | 21.22 | 25.95 | 25.18 | 14.03 |
| P/OCF Ratio | 20.25 | 24.73 | 16.29 | 18.62 | 16.66 | 11.11 |
| PEG Ratio | 1.67 | 1.20 | 1.34 | 23.07 | 1.72 | 1.10 |
| EV/Sales Ratio | 8.79 | 8.98 | 6.66 | 7.22 | 5.17 | 4.76 |
| EV/EBITDA Ratio | 13.71 | 15.25 | 11.84 | 14.21 | 9.94 | 7.57 |
| EV/EBIT Ratio | 15.00 | 17.21 | 13.70 | 17.04 | 11.72 | 8.58 |
| EV/FCF Ratio | 26.87 | 35.16 | 22.42 | 27.85 | 28.04 | 15.30 |
| Debt / Equity Ratio | 0.63 | 0.67 | 0.76 | 0.94 | 0.87 | 0.91 |
| Debt / EBITDA Ratio | 0.78 | 0.92 | 1.07 | 1.37 | 1.33 | 1.07 |
| Debt / FCF Ratio | 1.54 | 2.16 | 2.06 | 2.74 | 3.83 | 2.19 |
| Net Debt / Equity Ratio | 0.04 | 0.23 | 0.38 | 0.71 | 0.59 | 0.48 |
| Net Debt / EBITDA Ratio | 0.05 | 0.32 | 0.54 | 1.05 | 0.92 | 0.58 |
| Net Debt / FCF Ratio | 0.10 | 0.73 | 1.03 | 2.06 | 2.60 | 1.17 |
| Asset Turnover | 0.74 | 0.67 | 0.65 | 0.58 | 0.56 | 0.62 |
| Inventory Turnover | 5.59 | 4.98 | 4.58 | 4.50 | 4.56 | 3.94 |
| Quick Ratio | 3.82 | 3.23 | 2.11 | 2.15 | 3.04 | 2.19 |
| Current Ratio | 4.31 | 3.89 | 2.75 | 3.19 | 4.20 | 2.73 |
| Return on Equity (ROE) | 52.88% | 42.75% | 40.53% | 31.16% | 32.38% | 44.06% |
| Return on Assets (ROA) | 27.29% | 21.83% | 19.59% | 15.41% | 15.59% | 21.51% |
| Return on Invested Capital (ROIC) | 45.71% | 33.90% | 27.53% | 20.07% | 22.00% | 29.71% |
| Return on Capital Employed (ROCE) | 43.90% | 36.40% | 33.70% | 27.30% | 27.70% | 37.80% |
| Earnings Yield | 4.20% | 3.69% | 4.69% | 3.65% | 5.65% | 7.12% |
| FCF Yield | 3.73% | 2.92% | 4.71% | 3.85% | 3.97% | 7.13% |
| Dividend Yield | 2.93% | 2.11% | 2.29% | 4.65% | 5.80% | 5.19% |
| Payout Ratio | 58.53% | 57.33% | 48.48% | 127.51% | 102.55% | 72.82% |
| Buyback Yield / Dilution | -2.68% | -2.08% | -2.68% | 3.72% | ||
| Total Shareholder Return | 0.25% | 0.03% | -0.39% | 8.37% | 5.80% | 5.19% |