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Southern Copper SCCO

US equityMarket cap rank #94Copper
$200.40
−$1.54 (-0.76%)
Market open · Sep 24, 2:00 pm ET
After hours $201.94 0.00%
Open$200.09
Prev close$201.94
Day range$198.00 – $203.20
Volume396.2K
Market cap$169.21B
P/E (TTM)29.0
Dividend yield1.80%

Fundamentals

Latest reported quarter: Q2, ended Jun 2026

Revenue$4.29B+40.6% YoY
Operating profit$2.62B+65.3% YoY
Net profit$1.67B+71.5% YoY
Diluted EPS$1.99+71.8% YoY
Free cash flow$1.57B+111.3% YoY
Operating cash flow$1.99B

Revenue, last 8 quarters

$2.9BSep '24$2.8BDec '24$3.1BMar '25$3.1BJun '25$3.4BSep '25$3.9BDec '25$4.3BMar '26$4.3BJun '26

Net profit, last 8 quarters

$899.8MSep '24$796.2MDec '24$949.1MMar '25$976.7MJun '25$1.1BSep '25$1.3BDec '25$1.6BMar '26$1.7BJun '26

Diluted EPS by quarter

1.08Sep '240.95Dec '241.13Mar '251.16Jun '251.30Sep '251.51Dec '251.88Mar '261.99Jun '26

Free cash flow by quarter

$1.2BSep '24$1.1BDec '24$403.6MMar '25$741.1MJun '25$1.2BSep '25$1.1BDec '25$1.3BMar '26$1.6BJun '26

Annual revenue

$8.0BFY20$10.9BFY21$10.0BFY22$9.9BFY23$11.4BFY24$13.4BFY25

Profitability & balance sheet

Gross margin58.2%
Operating margin56.9%
Net margin35.9%
Return on equity50.1%
Return on assets25.9%
Return on invested capital29.8%
Current ratio5.06
Liabilities / assets47.3%
Cash & investments$7.33B
Total debt$8.53B
Net cash (debt)-$1.20B
Free cash flow / sales32.3%

Where the revenue comes from

Quarter 2026/Q2

By business line

  • Mexican Open-pit$2.51B 57.6%
  • Peruvian Operations$1.58B 36.3%
  • Mexican Industrial Minera Mexico, S.A. de C.V. and subsidiaries (IMMSA) Unit$268.00M 6.1%

Income statement

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Total Revenue as Reported $4.29B $4.25B $13.42B $3.87B $3.38B
Total Operating Revenue $4.29B $4.25B $13.42B $3.87B $3.38B
Cost of Revenue $1.62B $1.72B $6.23B $1.70B $1.56B
Gross Profit $2.67B $2.53B $7.19B $2.17B $1.81B
Operating Expense $50.20M $46.60M $190.60M $57.10M $43.90M
Selling and Admin Expenses $35.30M $35.80M $137.80M $39.90M $33.70M
Other Operating Expenses $14.90M $10.80M $52.80M $17.20M $10.20M
Operating Profit $2.62B $2.48B $7.00B $2.11B $1.77B
Net Non-Operating Interest Income (Expense) -$30.50M -$43.00M -$169.60M -$42.00M -$43.40M
Non-Operating Interest Income $57.50M $46.80M $199.70M $50.00M $47.90M
Non-Operating Interest Expense $88.00M $89.80M $369.30M $92.00M $91.30M
Other Income (Expense) $6.80M $6.70M -$47.70M -$30.50M -$1.10M
Other Non-Operating Income (Expenses) $6.80M $6.70M -$47.70M -$30.50M -$1.10M
Pretax Profit $2.60B $2.44B $6.78B $2.04B $1.72B
Tax $945.30M $891.00M $2.47B $741.80M $619.70M
Earnings from Equity Interest Net of Tax $20.50M $28.70M $34.00M $15.50M $6.40M
Net Profit $1.67B $1.58B $4.35B $1.31B $1.11B
Profit from Continuing Operations $1.67B $1.58B $4.35B $1.31B $1.11B
Minority Interests $4.60M $5.00M $13.30M $3.60M $3.30M
Net Income to Parent Company $1.67B $1.58B $4.33B $1.31B $1.11B
Net Income to Common Stockholders $1.67B $1.58B $4.33B $1.31B $1.11B
Basic EPS $1.99 $1.88 $5.08 $1.51 $1.30
Diluted EPS $1.99 $1.88 $5.08 $1.51 $1.30
Dividend Per Share $0.99 $0.98 $2.97 $0.87 $0.77

Balance sheet

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Total Assets $24.13B $21.93B $21.38B $21.38B $20.33B
Total Current Assets $10.79B $8.72B $8.35B $8.35B $7.67B
Cash and Cash Equivalents & Short-Term Investments $7.33B $5.35B $4.91B $4.91B $4.53B
-Cash and Cash Equivalents $5.67B $4.92B $4.30B $4.30B $3.95B
-Short Term Investments $1.66B $434.10M $604.60M $604.60M $575.90M
Receivables $2.07B $2.08B $2.02B $2.02B $1.79B
-Accounts Receivable $2.00B $2.02B $1.95B $1.95B $1.72B
-Due from Related Parties Current $10.90M – – – –
-Other Receivables $68.10M $63.40M $71.40M $71.40M $71.00M
Prepaid Assets $304.20M $296.00M $331.20M $331.20M $297.10M
Inventory $1.06B $959.20M $1.06B $1.06B $1.03B
Other Current Assets $17.80M $32.60M $31.40M $31.40M $25.30M
Total Non-Current Assets $13.34B $13.21B $13.03B $13.03B $12.66B
Net PPE $11.32B $11.14B $11.05B $11.05B $10.69B
-Gross PPE $11.32B $11.14B $22.26B $22.26B $10.69B
Investments and Advances $160.90M $150.70M $134.50M $134.50M $123.60M
-Long Term Equity Investment $160.90M $150.70M $134.50M $134.50M $123.60M
Goodwill and Other Intangible Assets $121.50M $122.60M $49.50M $49.50M $120.90M
Non-Current Deferred Assets $337.10M $352.50M $336.30M $336.30M $274.60M
Other Non-Current Assets $1.40B $1.45B $1.46B $1.46B $1.46B
Total Liabilities $11.42B $10.07B $10.28B $10.28B $9.81B
Total Current Liabilities $2.13B $1.99B $2.15B $2.15B $1.70B
Payables $1.58B $1.37B $1.50B $1.50B $1.14B
-Accounts Payable $871.90M $906.00M $861.50M $861.50M $739.20M
-Total Tax Payable $704.90M $460.50M $634.40M $634.40M $398.20M
Current Accrued Expenses $180.30M $185.30M $158.00M $158.00M $187.10M
Short-Term Debt and Capital Lease Obligation $95.60M $88.50M $86.50M $86.50M $85.40M
-Current Capital Lease Obligation $95.60M $88.50M $86.50M $86.50M $85.40M
Other Current Liabilities -$100,000.00 -$100,000.00 $100,000.00 $100,000.00 –
Total Non-Current Liabilities $9.29B $8.08B $8.13B $8.13B $8.12B
Long Term Accounts Payable and Other Payables $111.20M $103.00M $97.10M $97.10M $99.50M
Long Term Debt and Capital Lease Obligation $8.53B $7.31B $7.33B $7.33B $7.35B
-Long Term Debt $7.99B $6.75B $6.75B $6.75B $6.75B
-Long Term Capital Lease Obligation $534.40M $561.30M $576.30M $576.30M $598.00M
Non-Current Liabilities $490.70M $485.00M $471.10M $471.10M $457.70M
Non-Current Deferred Liabilities $114.50M $110.40M $130.50M $130.50M $131.40M
Other Non-Current Liabilities $41.90M $66.50M $105.70M $105.70M $80.90M
Total Equity $12.71B $11.86B $11.10B $11.10B $10.52B
Stockholders' Equity $12.63B $11.79B $11.04B $11.04B $10.45B
Capital Stock $8.80M $8.80M $8.80M $8.80M $8.80M
-Common Stock $8.80M $8.80M $8.80M $8.80M $8.80M
Additional Paid-In Capital $9.71B $8.35B $7.26B $7.26B $6.52B
Retained Earnings $4.59B $5.29B $5.80B $5.80B $6.12B
Less: Treasury Stock $1.68B $1.87B $2.03B $2.03B $2.19B
Gains/Losses Not Affecting Retained Earnings $8.30M $8.30M $8.30M $8.30M -$2.20M
Other Equity Interests $100,000.00 $100,000.00 $100,000.00 $100,000.00 –
Minority Interests $76.40M $71.80M $66.80M $66.80M $67.00M
-Accumulated Depreciation – – -$11.21B -$11.21B –
-Goodwill – – $41.90M $41.90M –
-Other Intangible Assets – – $7.60M $7.60M –

Cash flow

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Operating Cash Flow $1.99B $1.69B $4.75B $1.49B $1.56B
Net cash flow from continuing operations $1.99B $1.69B $4.75B $1.49B $1.56B
Net Income from Continuing Operations $1.67B $1.58B $4.35B $1.31B $1.11B
Gain/Loss from Continuing Operations $17.20M -$33.80M $20.30M $1.60M $9.80M
Depreciation & Depletion & Amortization $226.00M $225.70M $868.40M $230.70M $207.80M
Deferred Tax $16.20M -$34.80M -$33.90M -$66.70M -$20.40M
Other Non-Cash Items $22.60M $11.60M $61.80M $51.00M -$12.20M
Change in Working Capital $31.90M -$56.10M -$512.70M -$33.80M $263.70M
-Change in Receivables $20.60M -$65.10M -$761.60M -$231.80M -$161.70M
-Change in Inventory -$50.60M $97.40M $22.10M $6.90M -$25.00M
-Change in Payables and Accrued Expense $107.70M -$109.90M $326.20M $352.10M $368.90M
-Change In Other Working Capital -$45.80M $21.50M -$99.40M -$161.00M $81.50M
Net cash flow from investing -$1.65B -$271.30M -$1.68B -$451.30M -$249.70M
Net Cash Flow from Continuing Investing Activities -$1.65B -$271.40M -$1.68B -$451.30M -$249.70M
Capital Expenditure -$422.80M -$441.90M -$1.33B -$422.60M -$349.20M
Net Investment Purchase and Sale -$1.23B $170.50M -$359.30M -$28.70M $99.50M
Financing Cash Flow $417.50M -$819.10M -$2.01B -$731.50M -$648.20M
Net Cash Flow from Continuing Financing Activities $417.50M -$819.10M -$2.01B -$731.60M -$648.20M
Net Issuance Payments Of Debt $1.25B $0.00 $493.80M $0.00 $0.00
Cash Dividends Paid -$826.20M -$819.20M -$2.49B -$731.10M -$643.30M
Net Other Financing Charges -$3.80M $100,000.00 -$15.90M -$400,000.00 -$4.90M
Ending Cash Balance $5.67B $4.92B $4.30B $4.30B $3.95B
Net Change in Cash $752.30M $604.10M $1.06B $311.40M $661.80M
Beginning Cash Balance $4.92B $4.30B $3.26B $3.95B $3.33B
Effect of Exchange Rate Changes -$2.70M $6.70M -$13.70M $43.60M -$47.10M
Free Cash Flow $1.57B $1.25B $3.43B $1.07B $1.21B
Net Other Investing Changes – $100,000.00 – – –
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