Southern Copper Corporation (SCCO) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 4.25B | 3.87B | 3.38B | 3.05B | 3.12B | 2.78B | 2.93B | 3.12B | 2.6B | 2.3B | 2.51B | 2.3B | 2.79B | 2.82B | 2.16B | 2.31B | 2.76B | 2.82B | 2.68B | 2.9B |
| Revenue Growth % | 36.18% | 38.99% | 15.23% | -2.16% | 20.08% | 21.29% | 16.97% | 35.54% | -6.95% | -18.6% | 16.17% | -0.27% | 1.09% | -0.12% | -19.55% | -20.37% | 9.13% | 20.12% | 25.92% | 62.26% |
| Cost of Goods Sold | 1.5B | 1.47B | 1.36B | 1.43B | 1.55B | 1.44B | 1.45B | 1.48B | 1.38B | 1.39B | 1.4B | 1.37B | 1.41B | 1.42B | 1.34B | 1.47B | 1.26B | 1.26B | 1.14B | 1.19B |
| COGS % of Revenue | 35.25% | 38.03% | 40.17% | 46.92% | 49.8% | 51.81% | 49.45% | 47.37% | 53.05% | 60.72% | 56.02% | 59.5% | 50.46% | 50.23% | 62.1% | 63.61% | 45.71% | 44.65% | 42.59% | 41.09% |
| Gross Profit | 2.75B | 2.4B | 2.02B | 1.62B | 1.57B | 1.34B | 1.48B | 1.64B | 1.22B | 901.8M | 1.1B | 931.7M | 1.38B | 1.4B | 817.4M | 839.4M | 1.5B | 1.56B | 1.54B | 1.71B |
| Gross Margin % | 64.75% | 61.97% | 59.83% | 53.08% | 50.2% | 48.19% | 50.55% | 52.63% | 46.95% | 39.28% | 43.98% | 40.5% | 49.54% | 49.77% | 37.9% | 36.39% | 54.29% | 55.35% | 57.41% | 58.91% |
| Gross Profit Growth % | 75.64% | 78.74% | 36.38% | -1.33% | 28.41% | 48.79% | 34.45% | 76.15% | -11.82% | -35.75% | 34.81% | 11% | -7.75% | -10.19% | -46.89% | -50.81% | 8.59% | 42.26% | 56.14% | 175.66% |
| Operating Expenses | 272.3M | 287.9M | 251.7M | 32.5M | 31.7M | 34.5M | 31.2M | 33.9M | 30.8M | 33.1M | 32.7M | 31M | 30.4M | 33.6M | 30.2M | 30.9M | 30.3M | 32.3M | 31.3M | 31.4M |
| OpEx % of Revenue | 6.4% | 7.44% | 7.45% | 1.07% | 1.02% | 1.24% | 1.06% | 1.09% | 1.18% | 1.44% | 1.31% | 1.35% | 1.09% | 1.19% | 1.4% | 1.34% | 1.1% | 1.14% | 1.17% | 1.08% |
| Selling, General & Admin | 35.8M | 39.9M | 33.7M | 32.5M | 31.7M | 34.5M | 31.2M | 33.9M | 30.8M | 33.1M | 32.7M | 31M | 30.4M | 33.6M | 30.2M | 30.9M | 30.3M | 32.3M | 31.3M | 31.4M |
| SG&A % of Revenue | 0.84% | 1.03% | 1% | 1.07% | 1.02% | 1.24% | 1.06% | 1.09% | 1.18% | 1.44% | 1.31% | 1.35% | 1.09% | 1.19% | 1.4% | 1.34% | 1.1% | 1.14% | 1.17% | 1.08% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1000K | 1000K | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 2.48B | 2.11B | 1.77B | 1.59B | 1.54B | 1.31B | 1.45B | 1.61B | 1.19B | 868.7M | 1.07B | 900.7M | 1.35B | 1.37B | 787.2M | 808.5M | 1.47B | 1.53B | 1.51B | 1.68B |
| Operating Margin % | 58.34% | 54.54% | 52.37% | 52.01% | 49.18% | 46.95% | 49.48% | 51.54% | 45.76% | 37.84% | 42.67% | 39.15% | 48.45% | 48.58% | 36.5% | 35.05% | 53.19% | 54.21% | 56.24% | 57.83% |
| Operating Income Growth % | 61.53% | 61.43% | 21.96% | -1.27% | 29.07% | 50.49% | 35.64% | 78.45% | -12.11% | -36.59% | 35.82% | 11.4% | -7.92% | -10.49% | -47.79% | -51.74% | 8.77% | 43.53% | 58.33% | 185.04% |
| EBITDA | 2.71B | 2.34B | 1.98B | 1.79B | 1.76B | 1.52B | 1.66B | 1.82B | 1.4B | 1.08B | 1.28B | 1.11B | 1.56B | 1.57B | 979.2M | 1.02B | 1.67B | 1.74B | 1.71B | 1.87B |
| EBITDA Margin % | 63.65% | 60.5% | 58.53% | 58.77% | 56.35% | 54.65% | 56.75% | 58.27% | 53.8% | 46.91% | 51.15% | 48.24% | 55.74% | 55.62% | 45.4% | 44.11% | 60.3% | 61.52% | 63.83% | 64.57% |
| EBITDA Growth % | 53.81% | 53.87% | 18.83% | -1.31% | 25.78% | 41.29% | 29.78% | 63.7% | -10.19% | -31.35% | 30.89% | 9.08% | -6.56% | -9.7% | -42.78% | -45.61% | 7.38% | 37.96% | 49.02% | 139.36% |
| D&A (Non-Cash Add-back) | 225.7M | 230.7M | 207.8M | 206.2M | 223.8M | 214.2M | 213.1M | 209.6M | 209M | 208.2M | 212.5M | 209.2M | 203.7M | 198.7M | 192M | 209M | 196.6M | 206.6M | 203.4M | 195.4M |
| EBIT | 2.48B | 2.12B | 1.82B | 1.64B | 1.57B | 1.33B | 1.51B | 1.61B | 1.24B | 868.6M | 1.1B | 929.5M | 1.39B | 1.47B | 833.7M | 816.7M | 1.49B | 1.52B | 1.51B | 1.67B |
| Net Interest Income | -43M | -42.1M | -43.5M | -40.9M | -43.2M | -48M | -44.8M | -56.8M | -53.2M | -59.6M | -60.7M | -58.4M | -61.4M | -64.5M | -76.4M | -80.9M | -83.1M | -87.4M | -87.4M | -88M |
| Interest Income | 46.8M | 50M | 47.9M | 53.1M | 48.7M | 39.3M | 38.3M | 26.5M | 27.3M | 21.3M | 20.8M | 23.2M | 21.3M | 18.3M | 7.8M | 4.3M | 4.6M | 2M | 1.5M | 1.3M |
| Interest Expense | 89.8M | 92.1M | 91.4M | 94M | 91.9M | 87.3M | 83.1M | 83.3M | 80.5M | 80.9M | 81.5M | 81.6M | 82.7M | 82.8M | 84.2M | 85.2M | 87.7M | 89.4M | 88.9M | 89.3M |
| Other Income/Expense | -36.3M | -84.8M | -44.7M | -34.2M | -53.7M | -64.5M | -24.1M | -74.7M | -27.5M | -72.9M | -51.9M | -56.6M | -57.3M | 10.3M | -37.8M | -77.9M | -70.2M | -98.8M | -88M | -91.1M |
| Pretax Income | 2.44B | 2.03B | 1.72B | 1.55B | 1.48B | 1.24B | 1.43B | 1.53B | 1.16B | 795.8M | 1.02B | 844.1M | 1.3B | 1.38B | 749.4M | 730.6M | 1.4B | 1.43B | 1.42B | 1.58B |
| Pretax Margin % | 57.49% | 52.35% | 51.05% | 50.89% | 47.46% | 44.64% | 48.66% | 49.15% | 44.7% | 34.67% | 40.6% | 36.69% | 46.4% | 48.94% | 34.74% | 31.67% | 50.65% | 50.71% | 52.96% | 54.68% |
| Income Tax | 891M | 717.8M | 613.3M | 576M | 532.8M | 446.6M | 526.4M | 578.8M | 423.4M | 348.6M | 395.3M | 294.5M | 480.5M | 475.2M | 228.5M | 296.4M | 612.1M | 595.4M | 548.6M | 647.7M |
| Effective Tax Rate % | 36.46% | 35.43% | 35.57% | 37.1% | 35.96% | 35.93% | 36.91% | 37.77% | 36.43% | 43.8% | 38.86% | 34.89% | 37.06% | 34.43% | 30.49% | 40.57% | 43.72% | 41.58% | 38.64% | 40.89% |
| Net Income | 1.58B | 1.31B | 1.11B | 973.5M | 945.9M | 793.9M | 896.7M | 950.2M | 736M | 445M | 619.5M | 547.5M | 813.2M | 902.4M | 519M | 432.3M | 784.7M | 833M | 867.6M | 932.7M |
| Net Margin % | 37.2% | 33.8% | 32.8% | 31.91% | 30.3% | 28.51% | 30.59% | 30.47% | 28.31% | 19.38% | 24.72% | 23.8% | 29.11% | 32% | 24.06% | 18.74% | 28.39% | 29.5% | 32.36% | 32.2% |
| Net Income Growth % | 67.22% | 64.74% | 23.52% | 2.45% | 28.52% | 78.4% | 44.75% | 73.55% | -9.49% | -50.69% | 19.36% | 26.65% | 3.63% | 8.33% | -40.18% | -53.65% | 2.74% | 41.14% | 71.46% | 259.42% |
| Net Income (Continuing) | 1.55B | 1.31B | 1.11B | 976.7M | 949M | 796.2M | 899.8M | 953.8M | 738.8M | 447.2M | 622M | 549.6M | 815.9M | 905.1M | 520.9M | 434.2M | 787.8M | 836.4M | 871.2M | 936.4M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 71.8M | 66.8M | 67M | 68.6M | 68.4M | 66.6M | 68.4M | 67.7M | 64.2M | 63.1M | 63.4M | 63M | 63.6M | 62.7M | 61.2M | 59.8M | 59.9M | 58.6M | 57.4M | 55.3M |
| EPS (Diluted) | 1.92 | 1.56 | 1.34 | 1.19 | 1.19 | 1.01 | 1.15 | 1.21 | 0.95 | 0.58 | 0.80 | 0.71 | 1.05 | 1.15 | 0.67 | 0.56 | 1.02 | 1.08 | 1.12 | 1.21 |
| EPS Growth % | 61.34% | 54.46% | 16.52% | -1.65% | 25.26% | 74.14% | 43.75% | 70.42% | -9.52% | -49.57% | 19.4% | 26.79% | 2.94% | 6.48% | -40.18% | -53.72% | 3.03% | 42.11% | 72.31% | 255.88% |
| EPS (Basic) | 1.92 | 1.56 | 1.34 | 1.19 | 1.19 | 1.01 | 1.15 | 1.21 | 0.95 | 0.58 | 0.80 | 0.71 | 1.05 | 1.15 | 0.67 | 0.56 | 1.02 | 1.08 | 1.12 | 1.21 |
| Diluted Shares Outstanding | 821.7M | 838.2M | 822.6M | 807.8M | 792.5M | 787.7M | 778M | 782.26M | 773.1M | 773.1M | 773.1M | 773.1M | 773.1M | 785.51M | 773.1M | 773.1M | 773.1M | 773.1M | 773.1M | 773.1M |
| Basic Shares Outstanding | 821.7M | 838.2M | 822.6M | 807.8M | 792.5M | 787.7M | 778M | 782.26M | 773.1M | 773.1M | 773.1M | 773.1M | 773.1M | 785.51M | 773.1M | 773.1M | 773.1M | 773.1M | 773.1M | 773.1M |
| Dividend Payout Ratio | 51.79% | 55.9% | 58.08% | 57.26% | 58.49% | 69.27% | 52.28% | - | 84.04% | 173.73% | 124.79% | 141.21% | 95.07% | 42.83% | 111.71% | 223.55% | 98.52% | 92.8% | 80.2% | 58.01% |