See more : Woluwe Shopping Center (WOLS.BR) Income Statement Analysis – Financial Results
Complete financial analysis of Southern Copper Corporation (SCCO) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Southern Copper Corporation, a leading company in the Copper industry within the Basic Materials sector.
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Southern Copper Corporation (SCCO)
About Southern Copper Corporation
Southern Copper Corporation engages in mining, exploring, smelting, and refining copper and other minerals in Peru, Mexico, Argentina, Ecuador, and Chile. The company is involved in the mining, milling, and flotation of copper ore to produce copper and molybdenum concentrates; smelting of copper concentrates to produce blister and anode copper; refining of anode copper to produce copper cathodes; production of molybdenum concentrate and sulfuric acid; production of refined silver, gold, and other materials; and mining and processing of zinc and lead. It operates the Toquepala and Cuajone open-pit mines, and a smelter and refinery in Peru; and La Caridad, an open-pit copper mine, as well as a copper ore concentrator, a SX-EW plant, a smelter, refinery, and a rod plant in Mexico. The company also operates Buenavista, an open-pit copper mine, as well as two copper concentrators and two operating SX-EW plants in Mexico. In addition, it operates five underground mines that produce zinc, lead, copper, silver, and gold; a coal mine that produces coal and coke; and a zinc refinery. The company has interests in 82,134 hectares of exploration concessions in Peru; 493,533 hectares of exploration concessions in Mexico; 246,346 hectares of exploration concessions in Argentina; 29,888 hectares of exploration concessions in Chile; and 7,299 hectares of exploration concessions in Ecuador. Southern Copper Corporation was incorporated in 1952 and is based in Phoenix, Arizona. Southern Copper Corporation operates as a subsidiary of Americas Mining Corporation.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 9.90B | 10.05B | 10.93B | 7.98B | 7.29B | 7.10B | 6.65B | 5.38B | 5.05B | 5.79B | 5.95B | 6.67B | 6.82B | 5.15B | 3.73B | 4.85B | 6.09B | 5.46B | 4.11B | 1.72B | 798.41M | 664.65M | 657.52M | 711.06M | 584.50M | 627.90M | 814.20M | 753.00M | 928.80M |
| Cost of Revenue | 5.58B | 5.45B | 4.70B | 4.71B | 4.37B | 4.08B | 3.92B | 3.68B | 3.44B | 3.29B | 3.27B | 3.10B | 2.80B | 2.13B | 1.85B | 2.22B | 2.16B | 2.04B | 1.66B | 681.19M | 480.75M | 450.24M | 461.11M | 449.18M | 417.30M | 447.40M | 456.50M | 394.70M | 0.00 |
| Gross Profit | 4.32B | 4.60B | 6.23B | 3.28B | 2.91B | 3.01B | 2.73B | 1.70B | 1.61B | 2.50B | 2.69B | 3.57B | 4.02B | 3.02B | 1.89B | 2.63B | 3.92B | 3.42B | 2.45B | 1.03B | 317.66M | 214.41M | 196.41M | 261.88M | 167.20M | 180.50M | 357.70M | 358.30M | 928.80M |
| Gross Profit Ratio | 43.65% | 45.81% | 57.01% | 41.07% | 40.01% | 42.46% | 41.03% | 31.57% | 31.86% | 43.23% | 45.12% | 53.59% | 58.93% | 58.56% | 50.51% | 54.25% | 64.47% | 62.59% | 59.64% | 60.30% | 39.79% | 32.26% | 29.87% | 36.83% | 28.61% | 28.75% | 43.93% | 47.58% | 100.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 102.60M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -21.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 127.20M | 125.00M | 125.20M | 126.20M | 131.80M | 102.60M | 93.10M | 94.30M | 99.40M | 103.50M | 102.60M | 101.30M | 104.50M | 88.30M | 78.29M | 102.43M | 98.05M | 88.27M | 81.13M | 29.88M | 27.25M | 27.58M | 30.90M | 34.85M | 47.50M | 49.60M | 75.60M | 68.00M | 0.00 |
| Other Expenses | 0.00 | 41.70M | 43.40M | 32.60M | 30.00M | -30.70M | -15.60M | -24.60M | -25.30M | -40.80M | 17.10M | 21.80M | 325.67M | 357.55M | 322.59M | 327.30M | 311.33M | 273.93M | 277.25M | 77.75M | 73.58M | 67.84M | 76.29M | 77.45M | 74.20M | 60.90M | 46.70M | 41.60M | 0.00 |
| Operating Expenses | 127.20M | 166.70M | 168.60M | 158.80M | 161.80M | 132.20M | 111.70M | 134.40M | 193.20M | 269.50M | 153.60M | 149.20M | 392.60M | 411.60M | 400.88M | 429.73M | 409.37M | 362.20M | 358.38M | 107.64M | 100.83M | 95.42M | 107.19M | 112.30M | 121.70M | 110.50M | 122.30M | 109.60M | 0.00 |
| Cost & Expenses | 5.70B | 5.61B | 4.87B | 4.86B | 4.53B | 4.22B | 4.04B | 3.82B | 3.63B | 3.56B | 3.42B | 3.24B | 3.19B | 2.55B | 2.25B | 2.65B | 2.57B | 2.40B | 2.02B | 788.82M | 581.57M | 545.67M | 568.30M | 561.48M | 539.00M | 557.90M | 578.80M | 504.30M | 0.00 |
| Interest Income | 86.60M | 35.00M | 7.20M | 19.20M | 21.20M | 16.00M | 5.50M | 7.10M | 10.90M | 15.30M | 20.00M | 15.20M | 13.80M | 7.80M | 6.61M | 48.40M | 0.00 | 50.22M | 30.77M | 0.00 | 3.36M | 0.00 | 0.00 | 3.53M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 326.70M | 340.10M | 357.10M | 366.60M | 340.70M | 277.10M | 306.00M | 290.70M | 210.80M | 138.60M | 196.60M | 172.40M | 186.60M | 160.50M | 99.79M | 115.97M | 95.72M | 85.47M | 86.37M | 15.09M | 13.17M | 18.43M | 15.76M | 15.88M | 6.40M | 0.00 | 0.00 | 0.00 | 928.80M |
| Depreciation & Amortization | 833.60M | 796.30M | 806.00M | 775.60M | 764.40M | 674.30M | 689.00M | 664.20M | 510.70M | 445.00M | 395.90M | 325.70M | 288.10M | 323.20M | 322.59M | 327.30M | 327.90M | 275.06M | 292.31M | 77.75M | 73.58M | 67.84M | 76.29M | 77.45M | 74.20M | 60.90M | 46.70M | 41.60M | -711.00M |
| EBITDA | 5.12B | 5.23B | 6.86B | 3.89B | 3.53B | 3.54B | 3.30B | 2.21B | 1.97B | 2.77B | 2.93B | 3.48B | 3.92B | 2.91B | 1.82B | 2.52B | 3.84B | 3.33B | 2.35B | 1.69B | 290.41M | 186.83M | 165.51M | 227.03M | 119.75M | 131.20M | 284.00M | 297.20M | 928.80M |
| EBITDA Ratio | 51.70% | 53.75% | 62.74% | 48.69% | 48.47% | 49.89% | 49.29% | 40.78% | 37.87% | 45.82% | 49.81% | 56.79% | 57.60% | 57.00% | 48.64% | 53.32% | 64.38% | 61.26% | 58.92% | 58.90% | 36.39% | 27.87% | 24.45% | 31.60% | 19.86% | 16.77% | 30.98% | 34.61% | 100.00% |
| Operating Income | 4.19B | 4.44B | 6.07B | 3.12B | 2.75B | 2.88B | 2.62B | 1.56B | 1.41B | 2.23B | 2.53B | 3.43B | 3.63B | 2.60B | 1.49B | 2.20B | 3.50B | 3.05B | 2.09B | 927.10M | 216.83M | 118.98M | 89.22M | 149.58M | 45.50M | 70.00M | 235.40M | 248.70M | 928.80M |
| Operating Income Ratio | 42.36% | 44.15% | 55.47% | 39.08% | 37.79% | 40.60% | 39.36% | 29.08% | 28.03% | 38.58% | 42.54% | 51.36% | 53.17% | 50.57% | 39.77% | 45.39% | 57.47% | 55.94% | 50.93% | 54.03% | 27.16% | 17.90% | 13.57% | 21.04% | 7.78% | 11.15% | 28.91% | 33.03% | 100.00% |
| Total Other Income/Expenses | -236.50M | -188.00M | -368.30M | -374.90M | -326.50M | -291.80M | -316.20M | -308.20M | -225.20M | -140.20M | -159.50M | -135.34M | -176.74M | -173.42M | -80.71M | -108.11M | -85.54M | -48.31M | -92.20M | -61.52M | -7.37M | -21.46M | -21.50M | -12.02M | -6.45M | 10.20M | 5.90M | 12.00M | -711.00M |
| Income Before Tax | 3.96B | 4.26B | 5.70B | 2.75B | 2.43B | 2.59B | 2.30B | 1.26B | 1.19B | 2.07B | 2.37B | 2.97B | 3.45B | 2.43B | 1.40B | 2.09B | 3.41B | 3.01B | 2.00B | 916.74M | 205.74M | 109.95M | 70.85M | 137.57M | 39.10M | 80.20M | 241.30M | 260.70M | 217.80M |
| Income Before Tax Ratio | 39.97% | 42.44% | 52.10% | 34.39% | 33.31% | 36.49% | 34.61% | 23.35% | 23.57% | 35.74% | 39.86% | 44.58% | 50.58% | 47.20% | 37.61% | 43.16% | 56.06% | 55.05% | 48.69% | 53.43% | 25.77% | 16.54% | 10.78% | 19.35% | 6.69% | 12.77% | 29.64% | 34.62% | 23.45% |
| Income Tax Expense | 1.52B | 1.61B | 2.30B | 1.17B | 945.30M | 1.05B | 1.59B | 501.10M | 464.90M | 754.60M | 769.30M | 1.08B | 1.10B | 868.10M | 469.86M | 679.32M | 1.19B | 959.09M | 589.74M | 315.24M | 84.97M | 40.00M | 22.14M | 44.65M | 9.70M | 25.60M | 55.60M | 80.20M | -217.80M |
| Net Income | 2.43B | 2.64B | 3.40B | 1.57B | 1.49B | 1.54B | 728.50M | 776.50M | 736.40M | 1.33B | 1.62B | 1.93B | 2.34B | 1.55B | 929.38M | 1.41B | 2.22B | 2.04B | 1.40B | 596.77M | 122.31M | 60.56M | 46.55M | 92.92M | 29.40M | 54.60M | 185.70M | 180.50M | 217.80M |
| Net Income Ratio | 24.51% | 26.26% | 31.07% | 19.67% | 20.39% | 21.74% | 10.95% | 14.43% | 14.59% | 23.03% | 27.19% | 29.01% | 34.26% | 30.18% | 24.89% | 29.00% | 36.42% | 37.32% | 34.05% | 34.78% | 15.32% | 9.11% | 7.08% | 13.07% | 5.03% | 8.70% | 22.81% | 23.97% | 23.45% |
| EPS | 3.07 | 3.41 | 4.39 | 2.03 | 1.92 | 2.00 | 0.94 | 1.00 | 0.93 | 1.61 | 1.92 | 2.28 | 2.73 | 1.81 | 1.08 | 1.58 | 2.48 | 2.28 | 1.57 | 1.10 | 0.09 | 0.16 | -0.12 | 0.19 | 0.06 | 0.11 | 0.38 | 0.37 | 0.55 |
| EPS Diluted | 3.09 | 3.41 | 4.39 | 2.03 | 1.92 | 2.00 | 0.94 | 1.00 | 0.93 | 1.61 | 1.92 | 2.28 | 2.73 | 1.81 | 1.08 | 1.58 | 2.48 | 2.28 | 1.57 | 1.10 | 0.09 | 0.07 | -0.12 | 0.19 | 0.06 | 0.11 | 0.38 | 0.37 | 0.55 |
| Weighted Avg Shares Out | 790.39M | 773.10M | 773.10M | 773.10M | 773.10M | 773.00M | 773.00M | 773.60M | 794.70M | 828.20M | 842.70M | 848.35M | 854.65M | 859.10M | 859.79M | 888.12M | 892.84M | 892.84M | 892.82M | 892.80M | 485.21M | 892.73M | 892.71M | 485.14M | 484.30M | 484.49M | 486.28M | 486.32M | 399.03M |
| Weighted Avg Shares Out (Dil) | 785.51M | 773.10M | 773.10M | 773.10M | 773.10M | 773.00M | 773.00M | 773.60M | 794.70M | 828.20M | 842.70M | 848.35M | 854.65M | 859.10M | 859.79M | 888.12M | 892.84M | 892.84M | 892.82M | 892.80M | 485.26M | 892.75M | 892.72M | 485.15M | 484.48M | 484.49M | 486.33M | 486.66M | 399.03M |
Southern Copper Corporation (SCCO) is Attracting Investor Attention: Here is What You Should Know
Southern Copper (SCCO) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Southern Copper upgraded to Neutral from Underweight at JPMorgan
JPMorgan upgraded Southern Copper to Neutral from Underweight with a price target of $92.50, up from $68. The firm added Tia Maria into its estimates. The project, located in Arequipa, is set to significantly enhance EBITDA projections by $800M by...
ARREF or SCCO: Which Is the Better Value Stock Right Now?
Investors looking for stocks in the Mining - Non Ferrous sector might want to consider either Amerigo Resources (ARREF) or Southern Copper (SCCO). But which of these two stocks is more attractive to value investors?
Southern Copper Corporation (SCCO) Is a Trending Stock: Facts to Know Before Betting on It
Recently, Zacks.com users have been paying close attention to Southern Copper (SCCO). This makes it worthwhile to examine what the stock has in store.
ARREF vs. SCCO: Which Stock Is the Better Value Option?
Investors with an interest in Mining - Non Ferrous stocks have likely encountered both Amerigo Resources (ARREF) and Southern Copper (SCCO). But which of these two companies is the best option for those looking for undervalued stocks?
Investors Heavily Search Southern Copper Corporation (SCCO): Here is What You Need to Know
Zacks.com users have recently been watching Southern Copper (SCCO) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Southern Copper's Q3 Earnings Beat Estimates on High Volumes
SCCO's third-quarter 2024 earnings rise year over year on higher prices (except molybdenum) and volumes and gains from cost-saving actions.
Southern Copper (SCCO) Q3 Earnings Surpass Estimates
Southern Copper (SCCO) came out with quarterly earnings of $1.15 per share, beating the Zacks Consensus Estimate of $1.12 per share. This compares to earnings of $0.79 per share a year ago.
Why Southern Copper (SCCO) Outpaced the Stock Market Today
In the most recent trading session, Southern Copper (SCCO) closed at $113.14, indicating a +1.46% shift from the previous trading day.
Southern Copper (SCCO) Earnings Expected to Grow: Should You Buy?
Southern Copper (SCCO) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Source: https://incomestatements.info
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