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Southern Copper (SCCO) Financials

Southern Copper logo
$100.09 +2.58 (+2.64%)
Closing price 08/8/2025 03:59 PM Eastern
Extended Trading
$100.12 +0.03 (+0.03%)
As of 08/8/2025 07:50 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.
Annual Income Statements for Southern Copper

Annual Income Statements for Southern Copper

This table shows Southern Copper's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Period end date 12/31/2014 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Net Income / (Loss) Attributable to Common Shareholders
1,333 736 777 729 1,543 1,486 1,570 3,397 2,639 2,425 3,377
Consolidated Net Income / (Loss)
1,338 741 779 732 1,548 1,492 1,578 3,411 2,648 2,435 3,389
Net Income / (Loss) Continuing Operations
1,338 586 656 1,374 1,497 1,471 1,578 3,285 2,767 2,376 3,336
Total Pre-Tax Income
2,069 1,189 1,256 2,303 2,589 2,427 2,746 5,697 4,248 3,956 5,357
Total Operating Income
2,233 1,414 1,564 2,619 2,881 2,753 3,121 6,065 4,436 4,192 5,555
Total Gross Profit
2,947 2,118 2,346 3,402 3,688 3,679 4,055 7,040 5,399 5,208 6,592
Total Revenue
5,788 5,046 5,380 6,655 7,097 7,286 7,985 10,934 10,048 9,896 11,433
Operating Revenue
5,788 5,046 5,380 6,655 7,097 7,286 7,985 10,934 10,048 9,896 11,433
Total Cost of Revenue
2,841 2,928 3,034 3,253 3,409 3,606 3,930 3,894 4,649 4,688 4,841
Operating Cost of Revenue
2,841 2,928 3,034 3,253 3,409 3,606 3,930 3,894 4,649 4,688 4,841
Total Operating Expenses
715 704 782 783 807 926 934 975 963 1,016 1,037
Selling, General & Admin Expense
103 99 94 93 103 132 126 125 125 127 131
Exploration Expense
75 49 40 29 30 30 33 43 42 55 61
Depreciation Expense
445 511 647 671 674 764 776 806 796 834 846
Total Other Income / (Expense), net
-164 -225 -308 -316 -292 -327 -375 -368 -188 -237 -197
Interest Expense
139 211 291 306 277 341 367 357 340 327 334
Interest & Investment Income
15 11 7.10 5.50 16 21 19 7.20 35 87 131
Other Income / (Expense), net
-41 -25 -25 -16 -31 -7.00 -28 -18 117 3.60 5.50
Income Tax Expense
755 620 624 952 1,105 966 1,174 2,426 1,478 1,578 2,027
Other Gains / (Losses), net
24 17 24 23 12 11 6.40 14 -3.70 -2.20 6.40
Other Adjustments to Consolidated Net Income / (Loss)
- 155 123 -642 52 21 - 126 -119 59 52
Net Income / (Loss) Attributable to Noncontrolling Interest
4.90 4.70 2.30 3.90 5.20 6.10 7.40 14 9.50 9.50 12
Basic Earnings per Share
$1.61 $0.93 $1.00 $0.94 $2.00 $1.92 $2.03 $4.39 $3.41 $3.14 $4.34
Weighted Average Basic Shares Outstanding
828.20M 794.70M 773.60M 773M 773M 773.10M 773.10M 773.10M 773.10M 773.10M 780.40M
Diluted Earnings per Share
$1.61 $0.93 $1.00 $0.94 $2.00 $1.92 $2.03 $4.39 $3.41 $3.14 $4.34
Weighted Average Diluted Shares Outstanding
828.20M 794.70M 773.60M 773M 773M 773.10M 773.10M 773.10M 773.10M 773.10M 780.40M
Weighted Average Basic & Diluted Shares Outstanding
828.20M 794.70M 773.60M 773M 773M 773.10M 773.10M 773.09M 773.10M 773.11M 796.18M
Cash Dividends to Common per Share
$0.46 $0.34 $0.18 $0.59 $1.40 $1.60 $1.50 $3.20 $3.50 $4.00 $2.10

Quarterly Income Statements for Southern Copper

This table shows Southern Copper's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025
Period end date 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025
Net Income / (Loss) Attributable to Common Shareholders
903 813 548 620 445 736 950 897 794 946 973
Consolidated Net Income / (Loss)
905 816 550 622 447 739 954 900 796 949 977
Net Income / (Loss) Continuing Operations
1,024 816 550 622 388 739 954 900 744 949 977
Total Pre-Tax Income
1,368 1,303 848 1,017 788 1,156 1,531 1,427 1,245 1,479 1,544
Total Operating Income
1,370 1,354 901 1,069 869 1,190 1,607 1,450 1,307 1,536 1,587
Total Gross Profit
1,614 1,600 1,153 1,330 1,126 1,442 1,869 1,708 1,573 1,803 1,839
Total Revenue
2,820 2,794 2,301 2,506 2,296 2,600 3,118 2,931 2,784 3,122 3,051
Operating Revenue
2,820 2,794 2,301 2,506 2,296 2,600 3,118 2,931 2,784 3,122 3,051
Total Cost of Revenue
1,207 1,194 1,148 1,176 1,170 1,158 1,249 1,223 1,212 1,319 1,212
Operating Cost of Revenue
1,207 1,194 1,148 1,176 1,170 1,158 1,249 1,223 1,212 1,319 1,212
Total Operating Expenses
244 246 252 261 257 253 262 258 265 267 252
Selling, General & Admin Expense
34 30 31 33 33 31 34 31 35 32 33
Exploration Expense
11 12 12 16 16 13 19 13 16 12 14
Depreciation Expense
199 204 209 213 208 209 210 213 214 224 206
Total Other Income / (Expense), net
-1.90 -51 -53 -52 -81 -34 -77 -24 -63 -57 -43
Interest Expense
83 83 82 82 81 81 83 83 87 92 94
Interest & Investment Income
18 21 23 21 21 27 27 38 39 49 53
Other Income / (Expense), net
63 11 5.60 8.90 -21 19 -20 21 -15 -14 -2.30
Income Tax Expense
341 481 295 395 408 423 579 526 499 533 576
Other Gains / (Losses), net
-3.90 -6.40 -3.80 -0.10 8.10 6.70 2.00 -0.50 -1.80 3.30 8.80
Net Income / (Loss) Attributable to Noncontrolling Interest
2.60 2.70 2.10 2.50 2.20 2.80 3.60 3.10 2.30 3.20 3.20
Basic Earnings per Share
$1.16 $1.05 $0.71 $0.80 $0.58 $0.95 $1.21 $1.15 $1.02 $1.19 $1.21
Weighted Average Basic Shares Outstanding
773.10M 773.10M 773.10M 773.10M 773.10M 773.10M 785.60M 782.90M 780.40M 792.50M 807.80M
Diluted Earnings per Share
$1.16 $1.05 $0.71 $0.80 $0.58 $0.95 $1.21 $1.15 $1.02 $1.19 $1.21
Weighted Average Diluted Shares Outstanding
773.10M 773.10M 773.10M 773.10M 773.10M 773.10M 785.60M 782.90M 780.40M 792.50M 807.80M
Weighted Average Basic & Diluted Shares Outstanding
773.10M 773.10M 773.11M 773.11M 773.11M 773.12M 781.16M 785.54M 796.18M 796.19M 804.07M

Annual Cash Flow Statements for Southern Copper

This table details how cash moves in and out of Southern Copper's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Period end date 12/31/2014 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Net Change in Cash & Equivalents
-1,309 -90 260 502 -145 1,081 259 818 -932 -918 2,107
Net Cash From Operating Activities
1,356 880 923 1,977 2,235 1,912 2,784 4,292 2,803 3,573 4,422
Net Cash From Continuing Operating Activities
1,356 880 923 1,977 2,235 1,904 2,785 4,291 2,787 3,574 4,422
Net Income / (Loss) Continuing Operations
1,338 741 779 732 1,548 1,492 1,578 3,411 2,648 2,435 3,389
Consolidated Net Income / (Loss)
1,338 741 779 732 1,548 1,492 1,578 3,411 2,648 2,435 3,389
Depreciation Expense
445 511 647 671 674 764 776 806 796 834 846
Non-Cash Adjustments To Reconcile Net Income
-62 -9.00 8.00 22 40 16 -1.80 -8.80 183 29 25
Changes in Operating Assets and Liabilities, net
-365 -363 -511 552 -28 -368 434 82 -840 277 162
Net Cash From Investing Activities
-1,655 -1,461 -452 -1,019 -1,296 -574 -916 -973 -667 -1,398 -673
Net Cash From Continuing Investing Activities
-1,655 -1,461 -452 -1,019 -1,296 -574 -916 -973 -667 -1,398 -673
Purchase of Property, Plant & Equipment
-1,530 -1,150 -1,119 -1,024 -1,121 -708 -592 -892 -949 -1,009 -1,027
Purchase of Investments
-437 -957 -130 -61 -311 -284 -450 -1,653 -486 -809 -612
Sale and/or Maturity of Investments
306 742 793 62 147 418 120 1,577 765 418 966
Other Investing Activities, net
4.90 3.80 3.20 3.50 -12 0.40 6.50 -4.50 3.20 1.20 0.00
Net Cash From Financing Activities
-1,065 492 -211 -456 -1,083 -262 -1,563 -2,480 -3,011 -3,101 -1,645
Net Cash From Continuing Financing Activities
-1,065 492 -211 -456 -1,083 -262 -1,563 -2,480 -3,011 -3,101 -1,645
Repayment of Debt
- -278 - - 0.00 -9.40 -400 0.30 -300 0.30 0.40
Payment of Dividends
-382 -272 -139 -456 -1,084 -1,240 -1,164 -2,481 -2,711 -3,102 -1,646
Effect of Exchange Rate Changes
55 -0.50 - - - 4.80 -46 -21 -57 8.30 3.40
Cash Interest Paid
262 316 357 357 357 357 384 380 380 370 370
Cash Income Taxes Paid
848 738 572 890 1,155 1,139 1,037 1,947 2,392 1,434 1,591

Quarterly Cash Flow Statements for Southern Copper

This table details how cash moves in and out of Southern Copper's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025
Period end date 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025
Net Change in Cash & Equivalents
-115 230 -101 -232 -816 101 623 780 603 858 -781
Net Cash From Operating Activities
1,082 1,185 797 1,050 541 660 962 1,439 1,361 721 977
Net Cash From Continuing Operating Activities
1,067 1,185 797 1,050 542 660 962 1,439 1,361 721 977
Net Income / (Loss) Continuing Operations
905 816 550 622 447 739 954 900 796 949 977
Consolidated Net Income / (Loss)
905 816 550 622 447 739 954 900 796 949 977
Depreciation Expense
199 204 209 213 208 209 210 213 214 224 206
Non-Cash Adjustments To Reconcile Net Income
106 20 16 -0.10 -7.30 3.60 -3.20 22 3.00 25 60
Changes in Operating Assets and Liabilities, net
-143 145 22 216 -106 -292 -198 305 347 -477 -266
Net Cash From Investing Activities
-496 -170 -112 -509 -607 56 -332 -236 -162 -291 -693
Net Cash From Continuing Investing Activities
-496 -170 -112 -509 -607 56 -332 -236 -162 -291 -693
Purchase of Property, Plant & Equipment
-291 -238 -253 -263 -255 -214 -332 -246 -235 -318 -236
Sale and/or Maturity of Investments
278 68 140 -247 457 270 0.10 10 685 27 -457
Net Cash From Financing Activities
-688 -775 -776 -775 -776 -620 - -471 -554 433 -1,060
Net Cash From Continuing Financing Activities
-688 -775 -776 -775 -776 -620 - -471 -554 433 -1,060
Repayment of Debt
-296 -1.60 -2.70 -2.10 6.70 -1.60 - -2.30 4.30 -7.60 -503
Payment of Dividends
-392 -773 -773 -773 -782 -619 - -469 -558 -553 -557
Effect of Exchange Rate Changes
-13 -10 -10 2.40 26 4.90 -7.30 47 -41 -5.40 -4.80

Annual Balance Sheets for Southern Copper

This table presents Southern Copper's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Period end date 12/31/2014 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Total Assets
11,394 12,593 13,234 13,780 14,288 16,407 16,947 18,298 17,277 16,725 18,714
Total Current Assets
2,359 2,484 2,566 3,170 3,180 4,185 4,815 6,140 5,188 4,430 6,174
Cash & Equivalents
364 275 546 1,005 845 1,925 2,184 3,002 2,070 1,152 3,258
Short-Term Investments
339 604 51 51 214 81 411 487 208 599 245
Accounts Receivable
622 551 669 976 973 912 1,137 1,447 1,474 1,228 1,244
Inventories, net
836 857 1,010 1,042 1,033 1,069 950 973 1,014 1,017 1,049
Current Deferred & Refundable Income Taxes
145 166 249 86 87 172 105 198 378 395 347
Other Current Assets
34 28 37 11 29 26 29 34 44 38 32
Plant, Property, & Equipment, net
7,436 8,263 8,767 9,100 9,404 9,371 9,459 9,464 9,597 9,783 9,883
Total Noncurrent Assets
1,599 1,846 1,902 1,510 1,704 2,852 2,673 2,694 2,493 2,513 2,656
Long-Term Investments
67 76 88 100 104 112 114 115 111 108 112
Goodwill
124 155 154 153 148 148 143 138 135 130 125
Noncurrent Deferred & Refundable Income Taxes
541 614 727 165 204 184 230 316 237 256 311
Other Noncurrent Operating Assets
707 890 933 1,093 1,249 2,348 2,185 2,124 2,010 2,018 2,109
Total Liabilities & Shareholders' Equity
11,394 12,593 13,234 13,780 14,288 16,407 16,947 18,298 17,277 16,725 18,714
Total Liabilities
5,557 7,294 7,363 7,631 7,675 9,549 9,671 10,090 9,131 9,244 9,475
Total Current Liabilities
1,138 920 999 1,168 1,216 1,477 1,385 2,250 1,236 1,389 2,248
Short-Term Debt
200 - - - - 400 0.00 300 - 0.00 500
Accounts Payable
547 647 584 660 673 598 595 592 658 653 615
Accrued Expenses
198 125 125 177 207 175 248 326 266 283 319
Current Deferred & Payable Income Tax Liabilities
80 39 185 226 233 116 341 833 138 278 635
Other Current Liabilities
39 22 19 21 20 91 103 102 77 78 82
Other Current Nonoperating Liabilities
74 87 86 84 84 96 99 99 97 97 97
Total Noncurrent Liabilities
4,420 6,374 6,364 6,462 6,459 8,073 8,286 7,840 7,895 7,856 7,227
Long-Term Debt
3,981 5,952 5,954 5,957 5,960 6,541 6,544 6,248 6,251 6,255 5,759
Asset Retirement Reserve & Litigation Obligation
116 191 217 223 218 262 545 563 585 613 546
Noncurrent Deferred & Payable Income Tax Liabilities
266 196 163 246 213 179 159 118 202 225 229
Other Noncurrent Operating Liabilities
57 35 31 37 68 1,090 1,037 911 857 764 693
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
5,837 5,299 5,871 6,149 6,613 6,858 7,276 8,208 8,147 7,481 9,238
Total Preferred & Common Equity
5,805 5,263 5,832 6,108 6,567 6,810 7,225 8,149 8,084 7,418 9,172
Total Common Equity
5,805 5,263 5,832 6,108 6,567 6,810 7,225 8,149 8,084 7,418 9,172
Common Stock
3,354 3,359 3,367 3,382 3,403 3,434 3,450 3,463 3,499 3,542 5,035
Retained Earnings
4,347 4,812 5,455 5,726 6,187 6,436 6,846 7,770 7,702 7,034 6,840
Treasury Stock
-1,901 -2,909 -2,988 -3,001 -3,020 -3,049 -3,064 -3,074 -3,108 -3,149 -2,701
Accumulated Other Comprehensive Income / (Loss)
4.80 1.10 -2.40 0.50 -2.40 -10 -8.40 -9.40 -9.00 -8.00 -2.20
Noncontrolling Interest
32 36 39 42 45 48 51 59 63 63 67

Quarterly Balance Sheets for Southern Copper

This table presents Southern Copper's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025
Period end date 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025
Total Assets
17,277 17,323 16,940 16,965 16,725 16,789 17,778 18,416 18,714 19,791 19,555
Total Current Assets
5,188 5,198 4,770 4,748 4,430 4,441 5,334 5,926 6,174 7,220 7,002
Cash & Equivalents
2,070 2,300 2,199 1,967 1,152 1,252 1,875 2,655 3,258 4,116 3,335
Short-Term Investments
208 141 0.30 247 599 329 329 319 245 218 675
Accounts Receivable
1,474 1,327 1,157 1,211 1,228 1,395 1,704 1,589 1,244 1,605 1,628
Inventories, net
1,014 982 985 976 1,017 1,014 1,017 991 1,049 966 1,005
Current Deferred & Refundable Income Taxes
378 393 386 304 395 411 381 350 347 279 334
Other Current Assets
44 56 42 44 38 39 27 23 32 35 25
Plant, Property, & Equipment, net
9,597 9,614 9,688 9,731 9,783 9,783 9,872 9,927 9,883 9,935 9,915
Total Noncurrent Assets
2,493 2,512 2,482 2,486 2,513 2,565 2,573 2,562 2,656 2,637 2,637
Long-Term Investments
111 104 100 100 108 114 115 114 112 115 121
Goodwill
135 135 132 131 130 129 127 125 125 123 122
Noncurrent Deferred & Refundable Income Taxes
237 261 236 257 256 253 269 274 311 289 260
Other Noncurrent Operating Assets
2,010 2,012 2,014 1,999 2,018 2,069 2,062 2,049 2,109 2,110 2,135
Total Liabilities & Shareholders' Equity
17,277 17,323 16,940 16,965 16,725 16,789 17,778 18,416 18,714 19,791 19,555
Total Liabilities
9,131 9,135 8,977 9,157 9,244 9,183 9,218 9,426 9,475 10,155 9,501
Total Current Liabilities
1,236 1,247 1,061 1,284 1,389 1,340 1,898 2,139 2,248 1,944 1,329
Short-Term Debt
- - - - 0.00 - 500 500 500 500 0.00
Accounts Payable
658 663 610 619 653 749 647 609 615 684 647
Accrued Expenses
266 236 194 253 283 245 213 296 319 282 218
Current Deferred & Payable Income Tax Liabilities
138 101 85 214 278 142 365 532 635 260 265
Other Current Liabilities
77 121 75 72 78 77 77 76 82 83 84
Other Current Nonoperating Liabilities
97 127 97 127 97 127 97 127 97 135 115
Total Noncurrent Liabilities
7,895 7,888 7,916 7,873 7,856 7,843 7,319 7,287 7,227 8,210 8,172
Long-Term Debt
6,251 6,252 6,253 6,254 6,255 6,256 5,757 5,758 5,759 6,747 6,748
Asset Retirement Reserve & Litigation Obligation
585 592 598 604 613 618 619 622 546 533 510
Noncurrent Deferred & Payable Income Tax Liabilities
202 221 243 227 225 234 240 219 229 224 237
Other Noncurrent Operating Liabilities
857 823 822 788 764 736 704 688 693 707 677
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
8,147 8,188 7,963 7,808 7,481 7,606 8,560 8,989 9,238 9,637 10,053
Total Preferred & Common Equity
8,084 8,125 7,900 7,745 7,418 7,542 8,493 8,921 9,172 9,568 9,985
Total Common Equity
8,084 8,125 7,900 7,745 7,418 7,542 8,492 8,921 9,172 9,568 9,985
Common Stock
3,499 3,507 3,524 3,523 3,542 3,550 4,266 4,617 5,035 5,442 5,900
Retained Earnings
7,702 7,742 7,517 7,362 7,034 7,157 7,181 7,143 6,840 6,683 6,459
Treasury Stock
-3,108 -3,115 -3,132 -3,131 -3,149 -3,157 -2,946 -2,831 -2,701 -2,554 -2,372
Accumulated Other Comprehensive Income / (Loss)
-9.00 -9.00 -9.00 -9.00 -8.00 -8.00 -8.00 -8.00 -2.20 -2.20 -2.20
Noncontrolling Interest
63 64 63 63 63 64 68 68 67 68 69

Annual Metrics And Ratios for Southern Copper

This table displays calculated financial ratios and metrics derived from Southern Copper's official financial filings.

Metric 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Period end date 12/31/2014 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Growth Metrics
- - - - - - - - - - -
Revenue Growth
-2.78% -12.82% 6.62% 23.69% 6.65% 2.66% 9.60% 36.93% -8.10% -1.51% 15.54%
EBITDA Growth
-10.47% -27.95% 15.10% 49.74% 7.65% -0.41% 10.21% 77.13% -21.94% -5.98% 27.37%
EBIT Growth
-14.02% -36.63% 10.83% 69.08% 9.50% -3.67% 12.64% 95.48% -24.70% -7.84% 32.52%
NOPAT Growth
-17.11% -52.29% 16.40% 95.09% 7.50% 0.30% 7.80% 95.01% -16.94% -12.89% 37.01%
Net Income Growth
-17.63% -44.61% 5.09% -5.96% 111.39% -3.64% 5.76% 116.20% -22.37% -8.06% 39.18%
EPS Growth
-16.15% -42.24% 7.53% -6.00% 112.77% -4.00% 5.73% 116.26% -22.32% -7.92% 38.22%
Operating Cash Flow Growth
-27.07% -35.11% 4.92% 114.13% 13.08% -14.46% 45.59% 54.20% -34.71% 27.50% 23.75%
Free Cash Flow Firm Growth
-93.72% -2,708.00% 86.19% 3,215.34% -30.82% 15.26% 71.24% 46.32% -40.86% 30.26% 29.99%
Invested Capital Growth
17.76% 11.58% 8.12% -1.67% 4.16% 2.46% -4.82% 0.35% 7.62% -1.09% 0.04%
Revenue Q/Q Growth
-1.09% -4.12% 2.76% 7.52% -2.33% 2.25% 6.62% 4.52% -0.03% -5.04% 4.47%
EBITDA Q/Q Growth
-3.51% -14.09% 15.61% 13.37% -5.49% 0.05% 13.74% 7.41% -1.75% -10.28% 7.58%
EBIT Q/Q Growth
-3.95% -19.85% 20.25% 17.18% -6.76% -0.11% 17.40% 8.21% -1.88% -12.25% 8.71%
NOPAT Q/Q Growth
-4.39% -40.00% 26.23% 24.87% -6.23% 4.16% 20.20% 3.54% 10.62% -19.50% 11.57%
Net Income Q/Q Growth
-4.18% -27.93% 16.52% -38.51% 60.02% 0.84% 22.10% 7.70% 2.66% -15.83% 11.48%
EPS Q/Q Growth
-3.01% -26.77% 13.64% -38.56% 61.29% 1.05% 21.56% 7.60% 2.71% -15.59% 11.28%
Operating Cash Flow Q/Q Growth
-15.96% -16.74% 32.14% 26.12% -10.07% 5.24% 24.86% 3.18% -4.95% -13.15% 22.75%
Free Cash Flow Firm Q/Q Growth
-92.51% -91.84% 83.31% 208.05% -44.30% 24.16% 22.09% 3.68% -3.34% -18.75% 28.51%
Invested Capital Q/Q Growth
5.33% 2.08% 0.89% -6.44% 0.69% -1.03% -2.16% -2.18% 0.81% 0.83% -2.50%
Profitability Metrics
- - - - - - - - - - -
Gross Margin
50.92% 41.98% 43.60% 51.12% 51.96% 50.50% 50.78% 64.38% 53.73% 52.63% 57.66%
EBITDA Margin
45.56% 37.65% 40.65% 49.20% 49.67% 48.18% 48.45% 62.67% 53.24% 50.82% 56.03%
Operating Margin
38.58% 28.03% 29.08% 39.36% 40.60% 37.79% 39.08% 55.47% 44.15% 42.36% 48.58%
EBIT Margin
37.87% 27.53% 28.62% 39.12% 40.17% 37.69% 38.74% 55.30% 45.31% 42.40% 48.63%
Profit (Net Income) Margin
23.12% 14.69% 14.48% 11.01% 21.82% 20.48% 19.76% 31.20% 26.35% 24.60% 29.64%
Tax Burden Percent
64.68% 62.32% 62.01% 31.81% 59.79% 61.48% 57.46% 59.88% 62.34% 61.55% 63.25%
Interest Burden Percent
94.37% 85.61% 81.58% 88.46% 90.84% 88.36% 88.77% 94.21% 93.30% 94.28% 96.35%
Effective Tax Rate
36.48% 52.16% 49.65% 41.33% 42.67% 39.82% 42.77% 42.58% 34.78% 39.89% 37.84%
Return on Invested Capital (ROIC)
16.49% 6.88% 7.29% 13.81% 14.66% 14.24% 15.54% 31.01% 24.77% 20.93% 28.83%
ROIC Less NNEP Spread (ROIC-NNEP)
13.72% 8.38% 7.12% -1.90% 12.54% 10.88% 10.84% 28.96% 17.78% 18.91% 27.06%
Return on Net Nonoperating Assets (RNNOA)
6.99% 6.43% 6.65% -1.62% 9.60% 7.91% 6.79% 13.05% 7.61% 10.23% 11.71%
Return on Equity (ROE)
23.48% 13.31% 13.94% 12.19% 24.26% 22.15% 22.33% 44.06% 32.38% 31.16% 40.54%
Cash Return on Invested Capital (CROIC)
0.18% -4.07% -0.51% 15.49% 10.58% 11.81% 20.47% 30.66% 17.44% 22.03% 28.79%
Operating Return on Assets (OROA)
19.58% 11.58% 11.92% 19.27% 20.31% 17.89% 18.55% 34.31% 25.60% 24.68% 31.38%
Return on Assets (ROA)
11.95% 6.18% 6.03% 5.42% 11.03% 9.72% 9.46% 19.36% 14.89% 14.32% 19.12%
Return on Common Equity (ROCE)
23.35% 13.23% 13.85% 12.10% 24.10% 22.00% 22.17% 43.75% 32.14% 30.91% 40.22%
Return on Equity Simple (ROE_SIMPLE)
23.05% 14.08% 13.35% 11.99% 23.57% 21.91% 21.84% 41.86% 32.76% 32.82% 36.95%
Net Operating Profit after Tax (NOPAT)
1,418 677 788 1,537 1,652 1,657 1,786 3,483 2,893 2,520 3,453
NOPAT Margin
24.50% 13.41% 14.64% 23.09% 23.27% 22.74% 22.37% 31.85% 28.79% 25.46% 30.20%
Net Nonoperating Expense Percent (NNEP)
2.77% -1.51% 0.17% 15.71% 2.12% 3.36% 4.70% 2.05% 7.00% 2.02% 1.77%
Return On Investment Capital (ROIC_SIMPLE)
- - - - - - - - 20.09% 18.35% 22.28%
Cost of Revenue to Revenue
49.08% 58.02% 56.40% 48.88% 48.04% 49.50% 49.22% 35.62% 46.27% 47.37% 42.34%
SG&A Expenses to Revenue
1.79% 1.97% 1.75% 1.40% 1.45% 1.81% 1.58% 1.15% 1.24% 1.29% 1.14%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
12.35% 13.95% 14.53% 11.76% 11.36% 12.71% 11.70% 8.91% 9.58% 10.27% 9.07%
Earnings before Interest and Taxes (EBIT)
2,192 1,389 1,540 2,603 2,851 2,746 3,093 6,047 4,553 4,196 5,560
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
2,637 1,900 2,187 3,274 3,525 3,510 3,869 6,853 5,349 5,030 6,406
Valuation Ratios
- - - - - - - - - - -
Price to Book Value (P/BV)
2.81 2.78 3.04 4.38 2.73 3.85 5.77 5.08 5.27 8.62 7.75
Price to Tangible Book Value (P/TBV)
2.87 2.87 3.13 4.49 2.79 3.94 5.88 5.17 5.36 8.77 7.86
Price to Revenue (P/Rev)
2.81 2.90 3.30 4.02 2.52 3.60 5.22 3.79 4.24 6.46 6.22
Price to Earnings (P/E)
12.22 19.89 22.86 36.74 11.60 17.66 26.53 12.19 16.14 26.37 21.05
Dividend Yield
2.31% 1.82% 0.78% 1.70% 6.05% 6.02% 2.78% 5.97% 6.35% 4.84% 3.66%
Earnings Yield
8.18% 5.03% 4.38% 2.72% 8.62% 5.66% 3.77% 8.20% 6.19% 3.79% 4.75%
Enterprise Value to Invested Capital (EV/IC)
2.12 1.90 2.05 2.86 1.98 2.64 4.06 3.95 3.84 5.71 6.16
Enterprise Value to Revenue (EV/Rev)
3.41 3.90 4.29 4.75 3.21 4.27 5.71 4.06 4.63 6.91 6.45
Enterprise Value to EBITDA (EV/EBITDA)
7.48 10.36 10.54 9.65 6.45 8.86 11.78 6.48 8.70 13.60 11.52
Enterprise Value to EBIT (EV/EBIT)
8.99 14.17 14.97 12.14 7.98 11.33 14.73 7.35 10.22 16.30 13.27
Enterprise Value to NOPAT (EV/NOPAT)
13.90 29.08 29.27 20.57 13.77 18.78 25.51 12.75 16.08 27.15 21.37
Enterprise Value to Operating Cash Flow (EV/OCF)
14.54 22.37 24.97 15.99 10.18 16.27 16.37 10.35 16.60 19.14 16.69
Enterprise Value to Free Cash Flow (EV/FCFF)
1,283.64 0.00 0.00 18.34 19.08 22.64 19.36 12.90 22.85 25.79 21.40
Leverage & Solvency
- - - - - - - - - - -
Debt to Equity
0.72 1.12 1.01 0.97 0.90 1.01 0.90 0.80 0.77 0.84 0.68
Long-Term Debt to Equity
0.68 1.12 1.01 0.97 0.90 0.95 0.90 0.76 0.77 0.84 0.62
Financial Leverage
0.51 0.77 0.93 0.85 0.77 0.73 0.63 0.45 0.43 0.54 0.43
Leverage Ratio
1.96 2.15 2.31 2.25 2.20 2.28 2.36 2.28 2.18 2.18 2.12
Compound Leverage Factor
1.85 1.84 1.89 1.99 2.00 2.01 2.09 2.14 2.03 2.05 2.04
Debt to Total Capital
41.74% 52.90% 50.35% 49.21% 47.40% 50.30% 47.35% 44.37% 43.42% 45.54% 40.39%
Short-Term Debt to Total Capital
2.00% 0.00% 0.00% 0.00% 0.00% 2.90% 0.00% 2.03% 0.00% 0.00% 3.23%
Long-Term Debt to Total Capital
39.74% 52.90% 50.35% 49.21% 47.40% 47.40% 47.35% 42.34% 43.42% 45.54% 37.16%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.32% 0.32% 0.33% 0.34% 0.36% 0.35% 0.37% 0.40% 0.44% 0.46% 0.43%
Common Equity to Total Capital
57.94% 46.78% 49.32% 50.45% 52.23% 49.35% 52.28% 55.23% 56.15% 54.01% 59.18%
Debt to EBITDA
1.59 3.13 2.72 1.82 1.69 1.98 1.69 0.96 1.17 1.24 0.98
Net Debt to EBITDA
1.29 2.63 2.41 1.47 1.36 1.37 0.99 0.43 0.72 0.87 0.41
Long-Term Debt to EBITDA
1.51 3.13 2.72 1.82 1.69 1.86 1.69 0.91 1.17 1.24 0.90
Debt to NOPAT
2.95 8.80 7.56 3.88 3.61 4.19 3.66 1.88 2.16 2.48 1.81
Net Debt to NOPAT
2.39 7.38 6.69 3.13 2.91 2.91 2.15 0.85 1.34 1.74 0.77
Long-Term Debt to NOPAT
2.81 8.80 7.56 3.88 3.61 3.95 3.66 1.79 2.16 2.48 1.67
Altman Z-Score
3.56 2.65 2.96 3.97 3.33 3.39 4.47 5.00 5.15 6.38 6.86
Noncontrolling Interest Sharing Ratio
0.53% 0.61% 0.67% 0.67% 0.68% 0.69% 0.70% 0.71% 0.74% 0.81% 0.78%
Liquidity Ratios
- - - - - - - - - - -
Current Ratio
2.07 2.70 2.57 2.71 2.61 2.83 3.48 2.73 4.20 3.19 2.75
Quick Ratio
1.16 1.55 1.27 1.74 1.67 1.98 2.69 2.19 3.04 2.15 2.11
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
15 -400 -55 1,723 1,192 1,374 2,353 3,443 2,036 2,652 3,448
Operating Cash Flow to CapEx
88.63% 76.53% 82.53% 193.12% 199.31% 270.23% 470.04% 481.05% 295.47% 354.26% 430.42%
Free Cash Flow to Firm to Interest Expense
0.11 -1.90 -0.19 5.63 4.30 4.03 6.42 9.64 5.99 8.12 10.32
Operating Cash Flow to Interest Expense
9.78 4.17 3.18 6.46 8.07 5.61 7.59 12.02 8.24 10.94 13.23
Operating Cash Flow Less CapEx to Interest Expense
-1.25 -1.28 -0.67 3.11 4.02 3.54 5.98 9.52 5.45 7.85 10.16
Efficiency Ratios
- - - - - - - - - - -
Asset Turnover
0.52 0.42 0.42 0.49 0.51 0.47 0.48 0.62 0.56 0.58 0.65
Accounts Receivable Turnover
9.49 8.60 8.82 8.09 7.28 7.73 7.80 8.47 6.88 7.32 9.25
Inventory Turnover
3.71 3.46 3.25 3.17 3.29 3.43 3.89 4.05 4.68 4.62 4.69
Fixed Asset Turnover
0.83 0.64 0.63 0.74 0.77 0.78 0.85 1.16 1.05 1.02 1.16
Accounts Payable Turnover
5.46 4.91 4.93 5.23 5.11 5.67 6.59 6.56 7.44 7.16 7.64
Days Sales Outstanding (DSO)
38.46 42.43 41.38 45.11 50.12 47.20 46.82 43.12 53.04 49.83 39.46
Days Inventory Outstanding (DIO)
98.32 105.58 112.34 115.15 111.06 106.33 93.75 90.12 77.99 79.06 77.87
Days Payable Outstanding (DPO)
66.83 74.40 74.03 69.80 71.37 64.35 55.40 55.60 49.05 51.01 47.79
Cash Conversion Cycle (CCC)
69.95 73.60 79.68 90.46 89.81 89.18 85.17 77.63 81.99 77.89 69.54
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
9,302 10,379 11,222 11,035 11,495 11,777 11,210 11,250 12,106 11,974 11,979
Invested Capital Turnover
0.67 0.51 0.50 0.60 0.63 0.63 0.69 0.97 0.86 0.82 0.95
Increase / (Decrease) in Invested Capital
1,403 1,077 843 -187 459 283 -567 40 857 -133 4.70
Enterprise Value (EV)
19,711 19,677 23,053 31,606 22,745 31,113 45,557 44,413 46,522 68,406 73,779
Market Capitalization
16,287 14,647 17,748 26,762 17,902 26,242 41,670 41,411 42,597 63,947 71,070
Book Value per Share
$7.09 $6.70 $7.54 $7.90 $8.50 $8.81 $9.35 $10.54 $10.46 $9.60 $11.68
Tangible Book Value per Share
$6.94 $6.50 $7.35 $7.70 $8.30 $8.62 $9.16 $10.36 $10.28 $9.43 $11.52
Total Capital
10,018 11,251 11,825 12,107 12,573 13,799 13,820 14,755 14,398 13,736 15,496
Total Debt
4,181 5,952 5,954 5,957 5,960 6,941 6,544 6,548 6,251 6,255 6,258
Total Long-Term Debt
3,981 5,952 5,954 5,957 5,960 6,541 6,544 6,248 6,251 6,255 5,759
Net Debt
3,392 4,993 5,266 4,802 4,798 4,823 3,836 2,943 3,862 4,396 2,643
Capital Expenditures (CapEx)
1,530 1,150 1,119 1,024 1,121 708 592 892 949 1,009 1,027
Debt-free, Cash-free Net Working Capital (DFCFNWC)
699 682 966 947 905 1,102 836 700 1,674 1,290 923
Debt-free Net Working Capital (DFNWC)
1,421 1,564 1,567 2,002 1,964 3,108 3,430 4,189 3,952 3,041 4,426
Net Working Capital (NWC)
1,221 1,564 1,567 2,002 1,964 2,708 3,430 3,890 3,952 3,041 3,926
Net Nonoperating Expense (NNE)
80 -64 8.78 804 103 165 208 72 245 85 64
Net Nonoperating Obligations (NNO)
3,466 5,080 5,351 4,886 4,882 4,919 3,934 3,042 3,960 4,493 2,741
Total Depreciation and Amortization (D&A)
445 511 647 671 674 764 776 806 796 834 846
Debt-free, Cash-free Net Working Capital to Revenue
12.08% 13.51% 17.96% 14.22% 12.76% 15.13% 10.47% 6.41% 16.66% 13.04% 8.07%
Debt-free Net Working Capital to Revenue
24.56% 31.00% 29.13% 30.08% 27.67% 42.66% 42.96% 38.31% 39.33% 30.73% 38.71%
Net Working Capital to Revenue
21.10% 31.00% 29.13% 30.08% 27.67% 37.17% 42.96% 35.57% 39.33% 30.73% 34.34%
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
$1.61 $0.93 $1.00 $0.94 $2.00 $1.92 $2.03 $4.39 $3.41 $3.14 $4.34
Adjusted Weighted Average Basic Shares Outstanding
806.69M 773.71M 773.02M 773.03M 773.04M 773.06M 773.07M 773.10M 773.10M 773.10M 780.40M
Adjusted Diluted Earnings per Share
$1.61 $0.93 $1.00 $0.94 $2.00 $1.92 $2.03 $4.39 $3.41 $3.14 $4.34
Adjusted Weighted Average Diluted Shares Outstanding
806.69M 773.71M 773.02M 773.03M 773.04M 773.06M 773.07M 773.10M 773.10M 773.10M 780.40M
Adjusted Basic & Diluted Earnings per Share
$1.61 $0.93 $1.00 $0.94 $2.00 $1.92 $2.03 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
828.20M 794.70M 773.60M 773M 773M 773.10M 773.10M 773.09M 773.10M 773.11M 796.18M
Normalized Net Operating Profit after Tax (NOPAT)
1,476 1,022 788 1,531 1,652 1,657 1,786 3,483 2,893 2,520 3,453
Normalized NOPAT Margin
25.51% 20.25% 14.64% 23.00% 23.27% 22.74% 22.37% 31.85% 28.79% 25.46% 30.20%
Pre Tax Income Margin
35.74% 23.57% 23.35% 34.60% 36.49% 33.31% 34.39% 52.10% 42.28% 39.97% 46.86%
Debt Service Ratios
- - - - - - - - - - -
EBIT to Interest Expense
15.81 6.59 5.30 8.51 10.29 8.06 8.44 16.93 13.39 12.84 16.64
NOPAT to Interest Expense
10.23 3.21 2.71 5.02 5.96 4.86 4.87 9.75 8.51 7.71 10.33
EBIT Less CapEx to Interest Expense
4.78 1.14 1.45 5.16 6.24 5.98 6.82 14.43 10.60 9.76 13.57
NOPAT Less CapEx to Interest Expense
-0.80 -2.24 -1.14 1.68 1.91 2.79 3.26 7.25 5.72 4.63 7.26
Payout Ratios
- - - - - - - - - - -
Dividend Payout Ratio
28.55% 36.66% 17.89% 62.32% 70.00% 83.12% 73.75% 72.72% 102.39% 127.39% 48.56%
Augmented Payout Ratio
79.58% 172.19% 27.09% 62.32% 70.00% 83.12% 73.75% 72.72% 102.39% 127.39% 48.56%

Quarterly Metrics And Ratios for Southern Copper

This table displays calculated financial ratios and metrics derived from Southern Copper's official financial filings.

Metric Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025
Period end date 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025
Growth Metrics
- - - - - - - - - - -
Revenue Growth
-0.12% 1.09% -0.27% 16.17% -18.60% -6.95% 35.54% 16.97% 21.29% 20.08% -2.16%
EBITDA Growth
-5.50% -6.58% 9.21% 26.79% -35.30% -9.58% 61.09% 30.53% 42.76% 23.13% -0.34%
EBIT Growth
-5.73% -7.94% 11.56% 30.54% -40.86% -11.40% 75.15% 36.49% 52.56% 25.90% -0.17%
NOPAT Growth
35.49% 3.35% 22.24% 19.47% -59.27% -11.78% 70.02% 39.99% 86.94% 30.30% -0.46%
Net Income Growth
8.20% 3.57% 26.58% 19.41% -50.59% -9.45% 73.54% 44.66% 78.04% 28.47% 2.40%
EPS Growth
8.41% 2.94% 26.79% 19.40% -50.00% -9.52% 71.83% 43.75% 75.86% 25.26% 0.00%
Operating Cash Flow Growth
-11.88% 44.41% 157.21% 77.93% -50.00% -44.34% 20.70% 37.11% 151.48% 9.35% 1.53%
Free Cash Flow Firm Growth
-76.06% -51.84% 155.99% 1,946.34% 220.07% 33.92% -4.69% -36.08% 41.18% 46.05% 92.56%
Invested Capital Growth
7.62% 4.28% 1.26% -1.12% -1.09% 2.25% 4.84% 3.47% 0.04% 2.24% 1.51%
Revenue Q/Q Growth
30.76% -0.94% -17.65% 8.91% -8.38% 13.25% 19.94% -6.01% -5.00% 12.12% -2.27%
EBITDA Q/Q Growth
60.28% -3.90% -28.85% 15.70% -18.22% 34.32% 26.75% -6.25% -10.55% 15.85% 2.60%
EBIT Q/Q Growth
73.48% -4.79% -33.57% 18.96% -21.41% 42.65% 31.33% -7.30% -12.16% 17.73% 4.13%
NOPAT Q/Q Growth
88.05% -16.97% -31.20% 11.21% -35.90% 79.86% 32.60% -8.43% -14.40% 25.37% 1.30%
Net Income Q/Q Growth
73.76% -9.86% -32.64% 13.17% -28.10% 65.21% 29.10% -5.66% -11.51% 19.20% 2.91%
EPS Q/Q Growth
73.13% -9.48% -32.38% 12.68% -27.50% 63.79% 28.42% -5.74% -11.30% 16.67% 1.68%
Operating Cash Flow Q/Q Growth
83.37% 9.55% -32.75% 31.70% -48.47% 21.94% 45.84% 49.61% -5.48% -46.98% 35.40%
Free Cash Flow Firm Q/Q Growth
347.53% 109.62% 21.33% 79.80% -30.00% -12.29% -13.66% 20.59% 54.60% -9.27% 13.84%
Invested Capital Q/Q Growth
0.81% -0.69% -0.08% -1.15% 0.83% 2.67% 2.46% -2.45% -2.50% 4.93% 1.72%
Profitability Metrics
- - - - - - - - - - -
Gross Margin
57.21% 57.26% 50.12% 53.08% 49.03% 55.47% 59.95% 58.27% 56.48% 57.74% 60.29%
EBITDA Margin
57.85% 56.12% 48.49% 51.51% 45.98% 54.53% 57.63% 57.48% 54.12% 55.91% 58.70%
Operating Margin
48.58% 48.45% 39.15% 42.67% 37.84% 45.76% 51.54% 49.48% 46.95% 49.18% 52.02%
EBIT Margin
50.80% 48.83% 39.39% 43.03% 36.91% 46.49% 50.91% 50.21% 46.42% 48.75% 51.94%
Profit (Net Income) Margin
32.09% 29.20% 23.89% 24.82% 19.48% 28.42% 30.59% 30.70% 28.60% 30.40% 32.01%
Tax Burden Percent
66.16% 62.63% 64.82% 61.14% 56.77% 63.94% 62.32% 63.07% 63.97% 64.19% 63.26%
Interest Burden Percent
95.48% 95.50% 93.56% 94.37% 92.97% 95.60% 96.42% 96.96% 96.29% 97.15% 97.43%
Effective Tax Rate
24.89% 36.88% 34.73% 38.85% 51.76% 36.64% 37.82% 36.90% 40.08% 36.04% 37.31%
Return on Invested Capital (ROIC)
31.39% 26.17% 21.56% 22.77% 15.00% 23.14% 27.40% 28.29% 26.86% 30.26% 30.55%
ROIC Less NNEP Spread (ROIC-NNEP)
27.85% 25.09% 20.63% 22.02% 15.67% 22.78% 26.27% 27.87% 27.21% 29.39% 30.01%
Return on Net Nonoperating Assets (RNNOA)
11.92% 10.92% 10.84% 12.05% 8.47% 12.29% 12.86% 12.22% 11.77% 12.99% 10.91%
Return on Equity (ROE)
43.32% 37.10% 32.40% 34.82% 23.48% 35.43% 40.26% 40.51% 38.63% 43.24% 41.46%
Cash Return on Invested Capital (CROIC)
17.44% 20.60% 24.06% 27.34% 22.03% 17.68% 18.29% 22.21% 28.79% 27.39% 27.47%
Operating Return on Assets (OROA)
28.70% 27.94% 23.30% 26.34% 21.48% 26.44% 30.85% 31.06% 29.95% 31.86% 33.08%
Return on Assets (ROA)
18.13% 16.71% 14.13% 15.20% 11.34% 16.16% 18.54% 18.99% 18.45% 19.87% 20.39%
Return on Common Equity (ROCE)
43.00% 36.82% 32.15% 34.54% 23.29% 35.14% 39.94% 40.19% 38.34% 42.91% 41.15%
Return on Equity Simple (ROE_SIMPLE)
0.00% 32.94% 35.34% 37.35% 0.00% 31.26% 32.52% 34.07% 0.00% 37.61% 0.00%
Net Operating Profit after Tax (NOPAT)
1,029 854 588 654 419 754 999 915 783 982 995
NOPAT Margin
36.49% 30.58% 25.55% 26.09% 18.26% 28.99% 32.05% 31.23% 28.14% 31.46% 32.61%
Net Nonoperating Expense Percent (NNEP)
3.54% 1.08% 0.93% 0.75% -0.67% 0.35% 1.13% 0.42% -0.35% 0.87% 0.54%
Return On Investment Capital (ROIC_SIMPLE)
7.15% - - - 3.05% - - - 5.06% 5.82% 5.92%
Cost of Revenue to Revenue
42.79% 42.74% 49.88% 46.92% 50.97% 44.53% 40.05% 41.73% 43.52% 42.26% 39.71%
SG&A Expenses to Revenue
1.19% 1.09% 1.35% 1.31% 1.44% 1.18% 1.09% 1.06% 1.24% 1.02% 1.07%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
8.63% 8.80% 10.97% 10.40% 11.19% 9.71% 8.41% 8.79% 9.52% 8.56% 8.27%
Earnings before Interest and Taxes (EBIT)
1,433 1,364 906 1,078 847 1,209 1,587 1,472 1,293 1,522 1,585
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
1,632 1,568 1,116 1,291 1,056 1,418 1,797 1,685 1,507 1,746 1,791
Valuation Ratios
- - - - - - - - - - -
Price to Book Value (P/BV)
5.27 6.80 6.67 7.22 8.62 10.74 9.75 10.13 7.75 7.78 8.07
Price to Tangible Book Value (P/TBV)
5.36 6.92 6.78 7.35 8.77 10.93 9.90 10.27 7.86 7.88 8.17
Price to Revenue (P/Rev)
4.24 5.48 5.23 5.37 6.46 8.35 7.87 8.26 6.22 6.22 6.78
Price to Earnings (P/E)
16.14 20.72 18.93 19.40 26.37 34.50 30.10 29.84 21.05 20.75 22.31
Dividend Yield
6.35% 4.90% 6.61% 4.84% 4.84% 3.63% 3.75% 3.13% 3.66% 3.44% 2.67%
Earnings Yield
6.19% 4.83% 5.28% 5.15% 3.79% 2.90% 3.32% 3.35% 4.75% 4.82% 4.48%
Enterprise Value to Invested Capital (EV/IC)
3.84 4.91 4.72 5.05 5.71 6.97 6.89 7.62 6.16 6.15 6.51
Enterprise Value to Revenue (EV/Rev)
4.63 5.86 5.63 5.75 6.91 8.83 8.25 8.55 6.45 6.46 7.00
Enterprise Value to EBITDA (EV/EBITDA)
8.70 11.27 10.63 10.69 13.60 17.55 15.61 15.72 11.52 11.48 12.37
Enterprise Value to EBIT (EV/EBIT)
10.22 13.31 12.51 12.53 16.30 21.20 18.38 18.30 13.27 13.16 14.18
Enterprise Value to NOPAT (EV/NOPAT)
16.08 20.22 18.75 19.15 27.15 35.39 30.65 30.25 21.37 20.99 22.64
Enterprise Value to Operating Cash Flow (EV/OCF)
16.60 18.64 15.51 14.57 19.14 28.10 27.02 25.98 16.69 17.24 18.50
Enterprise Value to Free Cash Flow (EV/FCFF)
22.85 24.33 19.73 18.36 25.79 39.84 38.58 34.88 21.40 22.69 23.88
Leverage & Solvency
- - - - - - - - - - -
Debt to Equity
0.77 0.76 0.79 0.80 0.84 0.82 0.73 0.70 0.68 0.75 0.67
Long-Term Debt to Equity
0.77 0.76 0.79 0.80 0.84 0.82 0.67 0.64 0.62 0.70 0.67
Financial Leverage
0.43 0.44 0.53 0.55 0.54 0.54 0.49 0.44 0.43 0.44 0.36
Leverage Ratio
2.18 2.15 2.18 2.21 2.18 2.16 2.10 2.11 2.12 2.12 2.01
Compound Leverage Factor
2.08 2.05 2.04 2.08 2.02 2.06 2.03 2.04 2.04 2.06 1.95
Debt to Total Capital
43.42% 43.30% 43.99% 44.47% 45.54% 45.13% 42.23% 41.04% 40.39% 42.92% 40.16%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 3.37% 3.28% 3.23% 2.96% 0.00%
Long-Term Debt to Total Capital
43.42% 43.30% 43.99% 44.47% 45.54% 45.13% 38.85% 37.76% 37.16% 39.96% 40.16%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.44% 0.44% 0.44% 0.45% 0.46% 0.46% 0.46% 0.45% 0.43% 0.41% 0.41%
Common Equity to Total Capital
56.15% 56.26% 55.57% 55.08% 54.01% 54.41% 57.32% 58.51% 59.18% 56.67% 59.43%
Debt to EBITDA
1.17 1.19 1.17 1.12 1.24 1.28 1.13 1.05 0.98 1.08 1.00
Net Debt to EBITDA
0.72 0.71 0.74 0.70 0.87 0.93 0.71 0.53 0.41 0.42 0.39
Long-Term Debt to EBITDA
1.17 1.19 1.17 1.12 1.24 1.28 1.04 0.97 0.90 1.00 1.00
Debt to NOPAT
2.16 2.14 2.07 2.00 2.48 2.59 2.21 2.02 1.81 1.97 1.84
Net Debt to NOPAT
1.34 1.27 1.31 1.26 1.74 1.88 1.39 1.02 0.77 0.76 0.71
Long-Term Debt to NOPAT
2.16 2.14 2.07 2.00 2.48 2.59 2.03 1.86 1.67 1.83 1.84
Altman Z-Score
4.55 5.37 5.17 5.34 5.72 6.93 7.07 7.40 6.10 6.05 6.77
Noncontrolling Interest Sharing Ratio
0.74% 0.75% 0.78% 0.81% 0.81% 0.81% 0.79% 0.79% 0.78% 0.77% 0.73%
Liquidity Ratios
- - - - - - - - - - -
Current Ratio
4.20 4.17 4.50 3.70 3.19 3.31 2.81 2.77 2.75 3.71 5.27
Quick Ratio
3.04 3.02 3.16 2.67 2.15 2.22 2.06 2.13 2.11 3.05 4.24
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
172 361 438 788 552 484 418 504 779 707 804
Operating Cash Flow to CapEx
371.91% 497.77% 315.68% 399.77% 211.82% 308.56% 289.96% 584.17% 578.20% 227.00% 414.43%
Free Cash Flow to Firm to Interest Expense
2.08 4.37 5.37 9.67 6.82 6.01 5.01 6.06 8.93 7.69 8.56
Operating Cash Flow to Interest Expense
13.03 14.33 9.77 12.88 6.69 8.20 11.55 17.32 15.60 7.85 10.39
Operating Cash Flow Less CapEx to Interest Expense
9.53 11.45 6.67 9.66 3.53 5.54 7.57 14.36 12.90 4.39 7.88
Efficiency Ratios
- - - - - - - - - - -
Asset Turnover
0.56 0.57 0.59 0.61 0.58 0.57 0.61 0.62 0.65 0.65 0.64
Accounts Receivable Turnover
6.88 7.81 8.74 8.81 7.32 7.13 7.35 7.82 9.25 7.97 7.14
Inventory Turnover
4.68 4.76 4.56 4.66 4.62 4.66 4.75 4.88 4.69 5.05 4.91
Fixed Asset Turnover
1.05 1.05 1.05 1.08 1.02 1.00 1.08 1.11 1.16 1.21 1.20
Accounts Payable Turnover
7.44 7.06 7.31 7.38 7.16 6.59 7.56 7.82 7.64 6.98 7.67
Days Sales Outstanding (DSO)
53.04 46.76 41.74 41.43 49.83 51.20 49.64 46.70 39.46 45.80 51.15
Days Inventory Outstanding (DIO)
77.99 76.72 80.10 78.37 79.06 78.33 76.90 74.75 77.87 72.24 74.33
Days Payable Outstanding (DPO)
49.05 51.72 49.91 49.49 51.01 55.37 48.28 46.68 47.79 52.27 47.57
Cash Conversion Cycle (CCC)
81.99 71.75 71.93 70.32 77.89 74.16 78.26 74.77 69.54 65.77 77.90
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
12,106 12,023 12,013 11,875 11,974 12,293 12,595 12,286 11,979 12,569 12,786
Invested Capital Turnover
0.86 0.86 0.84 0.87 0.82 0.80 0.85 0.91 0.95 0.96 0.94
Increase / (Decrease) in Invested Capital
857 493 150 -134 -133 270 582 412 4.70 276 191
Enterprise Value (EV)
46,522 59,032 56,674 59,932 68,406 85,642 86,803 93,595 73,779 77,277 83,236
Market Capitalization
42,597 55,261 52,657 55,929 63,947 81,017 82,798 90,357 71,070 74,411 80,550
Book Value per Share
$10.46 $10.51 $10.22 $10.02 $9.60 $9.76 $10.98 $11.42 $11.68 $12.02 $12.54
Tangible Book Value per Share
$10.28 $10.34 $10.05 $9.85 $9.43 $9.59 $10.82 $11.26 $11.52 $11.86 $12.39
Total Capital
14,398 14,440 14,216 14,062 13,736 13,861 14,817 15,247 15,496 16,884 16,802
Total Debt
6,251 6,252 6,253 6,254 6,255 6,256 6,257 6,257 6,258 7,247 6,748
Total Long-Term Debt
6,251 6,252 6,253 6,254 6,255 6,256 5,757 5,758 5,759 6,747 6,748
Net Debt
3,862 3,708 3,953 3,940 4,396 4,560 3,938 3,170 2,643 2,798 2,617
Capital Expenditures (CapEx)
291 238 253 263 255 214 332 246 235 318 236
Debt-free, Cash-free Net Working Capital (DFCFNWC)
1,674 1,510 1,510 1,250 1,290 1,519 1,731 1,313 923 1,441 1,663
Debt-free Net Working Capital (DFNWC)
3,952 3,950 3,709 3,464 3,041 3,101 3,935 4,287 4,426 5,776 5,673
Net Working Capital (NWC)
3,952 3,950 3,709 3,464 3,041 3,101 3,436 3,787 3,926 5,276 5,673
Net Nonoperating Expense (NNE)
124 39 38 32 -28 15 46 15 -13 33 18
Net Nonoperating Obligations (NNO)
3,960 3,835 4,051 4,067 4,493 4,687 4,035 3,297 2,741 2,932 2,732
Total Depreciation and Amortization (D&A)
199 204 209 213 208 209 210 213 214 224 206
Debt-free, Cash-free Net Working Capital to Revenue
16.66% 14.98% 14.99% 11.99% 13.04% 15.66% 16.45% 12.00% 8.07% 12.05% 13.99%
Debt-free Net Working Capital to Revenue
39.33% 39.20% 36.83% 33.24% 30.73% 31.96% 37.41% 39.17% 38.71% 48.31% 47.72%
Net Working Capital to Revenue
39.33% 39.20% 36.83% 33.24% 30.73% 31.96% 32.66% 34.60% 34.34% 44.13% 47.72%
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
$1.16 $1.05 $0.71 $0.80 $0.58 $0.95 $1.22 $1.15 $1.02 $1.19 $1.21
Adjusted Weighted Average Basic Shares Outstanding
773.10M 773.10M 773.10M 773.10M 773.10M 773.10M 777.90M 782.90M 780.40M 792.50M 807.80M
Adjusted Diluted Earnings per Share
$1.16 $1.05 $0.71 $0.80 $0.58 $0.95 $1.22 $1.15 $1.02 $1.19 $1.21
Adjusted Weighted Average Diluted Shares Outstanding
773.10M 773.10M 773.10M 773.10M 773.10M 773.10M 777.90M 782.90M 780.40M 792.50M 807.80M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
773.10M 773.10M 773.11M 773.11M 773.11M 773.12M 781.16M 785.54M 796.18M 796.19M 804.07M
Normalized Net Operating Profit after Tax (NOPAT)
1,029 854 588 654 608 754 999 915 783 982 995
Normalized NOPAT Margin
36.49% 30.58% 25.55% 26.09% 26.49% 28.99% 32.05% 31.23% 28.14% 31.46% 32.61%
Pre Tax Income Margin
48.51% 46.63% 36.85% 40.61% 34.31% 44.45% 49.08% 48.68% 44.70% 47.36% 50.60%
Debt Service Ratios
- - - - - - - - - - -
EBIT to Interest Expense
17.26 16.50 11.11 13.23 10.47 15.01 19.06 17.71 14.82 16.56 16.86
NOPAT to Interest Expense
12.40 10.33 7.20 8.02 5.18 9.36 12.00 11.01 8.98 10.69 10.58
EBIT Less CapEx to Interest Expense
13.76 13.62 8.01 10.01 7.32 12.36 15.07 14.74 12.13 13.10 14.35
NOPAT Less CapEx to Interest Expense
8.89 7.45 4.11 4.80 2.02 6.71 8.02 8.05 6.29 7.23 8.08
Payout Ratios
- - - - - - - - - - -
Dividend Payout Ratio
102.39% 101.32% 90.20% 93.73% 127.39% 125.00% 78.71% 61.50% 48.56% 43.91% 59.02%
Augmented Payout Ratio
102.39% 101.32% 90.20% 93.73% 127.39% 125.00% 78.71% 61.50% 48.56% 43.91% 59.02%

Key Financial Trends

Southern Copper (NYSE: SCCO) has shown strong financial performance and solid operational cash flow over the last four years through Q2 2025. Below are the key points observed from the income statements, balance sheets, and cash flow statements:

  • Net income has steadily increased from $447 million in Q4 2023 to $977 million in Q2 2025, showing a solid growth trend.
  • Operating revenues grew from approximately $2.3 billion in Q2 2023 to over $3.0 billion by Q2 2025, indicating increased sales and demand.
  • Strong gross profit margins are maintained, with total gross profit rising from $1.15 billion in Q2 2023 to $1.84 billion in Q2 2025.
  • Cash and equivalents increased significantly from around $1.15 billion in Q4 2023 to $3.33 billion as of Q2 2025, reflecting good liquidity and cash management.
  • Stable depreciation expenses around $200 million per quarter highlight sustained investment in plant and equipment.
  • Long-term debt remained relatively stable around $6.7 billion over the last several quarters, indicating consistent leverage policy.
  • Total assets generally grew from about $16.7 billion in early 2023 to nearly $19.6 billion in mid-2025, showing asset base expansion aligned with growth.
  • The company continues significant capital expenditures with PP&E net values around $9.9 billion, reflecting ongoing investment in operations.
  • Net cash from investing activities shows consistent outflows (e.g., -$692.9 million in Q2 2025), which could pressure free cash flow if operational cash inflows slow down.
  • While dividends paid remain substantial (around $550 million per quarter), the company also repaid debt aggressively, which may constrain cash reserves in short term.

Summary: Southern Copper is demonstrating robust revenue and profit growth with improving liquidity and carefully managed debt levels. The company shows a stable investment pattern in its fixed assets, which supports ongoing operations and expansion. However, the consistent outflow of cash for investing activities and high dividend payments could pressure free cash flow. Investors should monitor the balance between capital expenditures, debt repayments, and operational cash flow to ensure sustained financial health.

08/09/25 03:26 AMAI Generated. May Contain Errors.

Frequently Asked Questions About Southern Copper's Financials

When does Southern Copper's financial year end?

According to the most recent income statement we have on file, Southern Copper's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Southern Copper's net income changed over the last 10 years?

Southern Copper's net income appears to be on an upward trend, with a most recent value of $3.39 billion in 2024, rising from $1.34 billion in 2014. The previous period was $2.43 billion in 2023. Check out Southern Copper's forecast to explore projected trends and price targets.

What is Southern Copper's operating income?
Southern Copper's total operating income in 2024 was $5.55 billion, based on the following breakdown:
  • Total Gross Profit: $6.59 billion
  • Total Operating Expenses: $1.04 billion
How has Southern Copper's revenue changed over the last 10 years?

Over the last 10 years, Southern Copper's total revenue changed from $5.79 billion in 2014 to $11.43 billion in 2024, a change of 97.5%.

How much debt does Southern Copper have?

Southern Copper's total liabilities were at $9.48 billion at the end of 2024, a 2.5% increase from 2023, and a 70.5% increase since 2014.

How much cash does Southern Copper have?

In the past 10 years, Southern Copper's cash and equivalents has ranged from $274.50 million in 2015 to $3.26 billion in 2024, and is currently $3.26 billion as of their latest financial filing in 2024.

How has Southern Copper's book value per share changed over the last 10 years?

Over the last 10 years, Southern Copper's book value per share changed from 7.09 in 2014 to 11.68 in 2024, a change of 64.6%.



This page (NYSE:SCCO) was last updated on 8/9/2025 by MarketBeat.com Staff
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