See more : NJ Holdings Inc. (9421.T) 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.
You may be interested
- Shimao Group Holdings Limited (0813.HK) Income Statement Analysis – Financial Results
- Great Elm Capital Corp. 8.50% NOTES DUE 2029 (GECCI) Income Statement Analysis – Financial Results
- Diamond Fields Resources Inc. (DFIFF) Income Statement Analysis – Financial Results
- Quantum Corporation (QMCO) Income Statement Analysis – Financial Results
- Thunder Bridge Capital Partners IV Inc. (THCP) Income Statement Analysis – Financial Results
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 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 interested in stocks from the Mining - Non Ferrous sector have probably already heard of Amerigo Resources (ARREF) and Southern Copper (SCCO). But which of these two companies is the best option for those looking for undervalued stocks?
Southern Copper (SCCO) Q2 Earnings Beat on High Prices & Volumes
Southern Copper's (SCCO) second-quarter 2024 earnings rise y/y on higher prices and volumes. The company expects to produce 963,000 tons of copper in 2024.
Investors Heavily Search Southern Copper Corporation (SCCO): Here is What You Need to Know
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.
3 Resource Stocks Positioned to Profit from Global Shortages
The CEO of NextEra (NYSE: NEE ) recently stated that the demand for renewable energy will triple over the next seven years. Moreover, he forecasts that the overall demand for electricity will increase four times more quickly in the next...
Southern Copper (SCCO) Increases Despite Market Slip: Here's What You Need to Know
Southern Copper (SCCO) closed the most recent trading day at $105.69, moving +0.75% from the previous trading session.
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 presents investors with the better value opportunity right now?
Southern Copper (SCCO) Declines More Than Market: Some Information for Investors
The latest trading day saw Southern Copper (SCCO) settling at $109.89, representing a -1.71% change from its previous close.
Wall Street Is Betting Against These 7 Stocks. You Should Buy Them Anyways.
More often than not, investors should be careful about going against the wisdom of analyst assessments. These folks didn't get to where they are by happenstance.
3 Dividend Stocks That Have Outperformed the S&P 500 and Nasdaq Composite Over the Last 5 Years
Deere's valuation can remain low even if earnings fall. You don't have to buy high-technology stocks to massively outperform the market.
Source: https://incomestatements.info
Category: Stock Reports