SCCO (Southern Copper Corporation) Stock Financials & Earnings

Company Info & Key Metrics

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, millin...

CEOOscar Gonzalez Rocha

Country🇺🇸 United States

ExchangeNYSE

IPOJan 5, 1996

southerncoppercorp.com

Revenue$3.9B

YoY Growth+39.0%

QoQ Growth+14.6%

Net Income$1.3B

EPS$1.56

Free Cash Flow-$3.3B

Gross Margin62.0%

Op. Margin54.5%

Net Margin33.8%

FCF Margin-84.2%

Rev Multiple (TTM)12.1x

P/E Ratio (TTM)37.5x

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$2.8B	$1.4B	$1.4B
Q2 23	$2.3B	$932M	$901M
Q3 23	$2.5B	$1.1B	$1.1B
Q4 23	$2.3B	$902M	$869M
Q1 24	$2.6B	$1.2B	$1.2B
Q2 24	$3.1B	$1.6B	$1.6B
Q3 24	$2.9B	$1.5B	$1.5B
Q4 24	$2.8B	$1.3B	$1.3B
Q1 25	$3.1B	$1.6B	$1.5B
Q2 25	$3.1B	$1.6B	$1.6B
Q3 25	$3.4B	$2.0B	$1.8B
Q4 25	$3.9B	$2.4B	$2.1B

Revenue Breakdown

Valuation

Quarter	P/S	P/E
Q1 23	16.1x	61.0x
Q2 23	16.1x	58.4x
Q3 23	15.6x	56.4x
Q4 23	16.4x	67.0x
Q1 24	16.8x	69.3x
Q2 24	15.5x	59.1x
Q3 24	14.9x	53.7x
Q4 24	14.2x	48.2x
Q1 25	13.6x	45.3x
Q2 25	13.7x	45.0x
Q3 25	13.2x	42.6x
Q4 25	12.1x	37.5x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	$1.2B	$947M
Q2 23	$797M	$545M
Q3 23	$1.0B	$787M
Q4 23	$541M	$286M
Q1 24	$660M	$446M
Q2 24	$962M	$630M
Q3 24	$1.4B	$1.2B
Q4 24	$1.4B	$1.1B
Q1 25	$721M	$404M
Q2 25	$977M	$741M
Q3 25	$1.6B	$1.2B
Q4 25	-$3.3B	-$3.3B

Capital Expenditures

CapEx

Quarter	CapEx
Q1 23	$238M
Q2 23	$253M
Q3 23	$263M
Q4 23	$255M
Q1 24	$214M
Q2 24	$332M
Q3 24	$246M
Q4 24	$235M
Q1 25	$318M
Q2 25	$236M
Q3 25	$349M
Q4 25	$0

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	+1.1%	+11.3%
Q2 23	-0.3%	-6.6%
Q3 23	+16.2%	+4.9%
Q4 23	-18.6%	-1.6%
Q1 24	-6.9%	-2.1%
Q2 24	+35.5%	+7.9%
Q3 24	+17.0%	+3.1%
Q4 24	+21.3%	+3.5%
Q1 25	+20.1%	+12.5%
Q2 25	-2.2%	-3.1%
Q3 25	+15.2%	+8.6%
Q4 25	+39.0%	+19.1%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 23	$200K	0.0%
Q2 23	$100K	0.0%
Q3 23	$200K	0.0%
Q4 23	$700K	0.0%
Q1 24	$400K	0.0%
Q2 24	$100K	0.0%
Q3 24	-$300K	-0.0%
Q4 24	$0	0.0%
Q1 25	$0	0.0%
Q2 25	$0	0.0%
Q3 25	$0	0.0%
Q4 25	$0	0.0%

OpEx Breakdown

Quarter	SG&A
Q1 23	$30M
Q2 23	$31M
Q3 23	$33M
Q4 23	$33M
Q1 24	$31M
Q2 24	$34M
Q3 24	$31M
Q4 24	$35M
Q1 25	$32M
Q2 25	$33M
Q3 25	$34M
Q4 25	$40M

Revenue Segments

Quarter	Copper	Molybdenum	Other	Silver	Zinc
Q1 23	$2.1B	$302M	$137M	$115M	$92M
Q2 23	$1.8B	$254M	$102M	$99M	$63M
Q3 23	$1.9B	$343M	$114M	$104M	$70M
Q4 23	$1.8B	$231M	$103M	$100M	$76M
Q1 24	$2.0B	$274M	$101M	$112M	$70M
Q2 24	$2.4B	$379M	$100M	$157M	$115M
Q3 24	$2.3B	$297M	$108M	$152M	$113M
Q4 24	$2.1B	$297M	$101M	$168M	$137M
Q1 25	$2.4B	$301M	$101M	$177M	$111M
Q2 25	$2.3B	$355M	$112M	$202M	$123M
Q3 25	$2.4B	$435M	$119M	$250M	$127M
Q4 25	$2.9B	$315M	$145M	$345M	$169M

Revenue by Geography

Quarter	Asia	Brazil	Chile	China	Europe	Mexico	Peru	United States
Q1 23	$332M	$108M	$101M	$183M	$616M	$761M	$165M	$528M
Q2 23	$276M	$83M	$61M	$169M	$625M	$615M	$109M	$363M
Q3 23	$230M	$100M	$91M	$193M	$568M	$789M	$113M	$421M
Q4 23	$392M	$99M	$147M	$204M	$571M	$506M	$8M	$369M
Q1 24	$324M	$125M	$94M	$286M	$607M	$672M	$166M	$324M
Q2 24	$314M	$141M	$132M	$397M	$812M	$744M	$168M	$410M
Q3 24	$207M	$121M	$117M	$303M	$784M	$796M	$169M	$435M
Q4 24	$296M	$126M	$109M	$196M	$882M	$643M	$158M	$373M
Q1 25	$282M	$137M	$110M	$284M	$849M	$813M	$225M	$423M
Q2 25	$350M	$162M	$132M	$233M	$782M	$805M	$213M	$375M
Q3 25	$289M	$101M	$158M	$297M	$932M	$908M	$208M	$485M
Q4 25	$440M	$158M	$149M	$463M	$1.0B	$726M	$219M	$668M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$2.3B	$141M	$2.4B
Q2 23	$2.2B	$300K	$2.2B
Q3 23	$2.0B	$247M	$2.2B
Q4 23	$1.2B	$599M	$1.8B
Q1 24	$1.3B	$329M	$1.6B
Q2 24	$1.9B	$329M	$2.2B
Q3 24	$2.7B	$319M	$3.0B
Q4 24	$3.3B	$245M	$3.5B
Q1 25	$4.1B	$218M	$4.3B
Q2 25	$3.3B	$675M	$4.0B
Q3 25	$3.9B	$576M	$4.5B
Q4 25	$4.3B	$605M	$4.9B

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	773M	-1.6%
Q2 23	773M	+0.0%
Q3 23	773M	+0.0%
Q4 23	773M	+0.0%
Q1 24	773M	+0.0%
Q2 24	782M	+1.2%
Q3 24	778M	-0.5%
Q4 24	788M	+1.2%
Q1 25	793M	+0.6%
Q2 25	808M	+1.9%
Q3 25	823M	+1.8%
Q4 25	838M	+1.9%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 14	$454K	13K
FY 15	$387K	13K
FY 16	$401K	13K
FY 17	$506K	13K
FY 18	$511K	14K
FY 19	$509K	14K
FY 20	$580K	14K
FY 21	$744K	15K
FY 22	$669K	15K
FY 23	$626K	16K
FY 24	$709K	16K
FY 25	$808K	17K