This page shows Southern Copper (SCCO) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 19 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores
Southern Copper has an operating margin of 52.2%, meaning the company retains $52 of operating profit per $100 of revenue. This strong profitability earns a score of 100/100, reflecting efficient cost management and pricing power. This is up from 48.6% the prior year.
Southern Copper's revenue surged 17.4% year-over-year to $13.4B, reflecting rapid business expansion. This strong growth earns a score of 62/100.
Southern Copper carries a low D/E ratio of 0.61, meaning only $0.61 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 90/100, indicating a strong balance sheet with room for future borrowing.
With a current ratio of 3.89, Southern Copper holds $3.89 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 76/100.
Southern Copper converts 25.5% of revenue into free cash flow ($3.4B). This strong cash generation earns a score of 89/100.
Southern Copper earns a strong 39.4% return on equity (ROE), meaning it generates $39 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 99/100. This is up from 37.0% the prior year.
Southern Copper scores 10.09, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($132.0B) relative to total liabilities ($10.3B). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Southern Copper passes 6 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Southern Copper generates $1.09 in operating cash flow ($4.8B OCF vs $4.3B net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Earnings & Revenue
Southern Copper generated $13.4B in revenue in fiscal year 2025. This represents an increase of 17.4% from the prior year.
Southern Copper's EBITDA was $7.9B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 23.0% from the prior year.
Southern Copper reported $4.3B in net income in fiscal year 2025. This represents an increase of 28.3% from the prior year.
Southern Copper earned $5.24 per diluted share (EPS) in fiscal year 2025. This represents an increase of 24.5% from the prior year.
Cash & Balance Sheet
Southern Copper generated $3.4B in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 1.0% from the prior year.
Southern Copper held $4.3B in cash against $6.8B in long-term debt as of fiscal year 2025.
Southern Copper paid $3.10 per share in dividends in fiscal year 2025. This represents an increase of 47.6% from the prior year.
Margins & Returns
Southern Copper's operating margin was 52.2% in fiscal year 2025, reflecting core business profitability. This is up 3.6 percentage points from the prior year.
Southern Copper's net profit margin was 32.4% in fiscal year 2025, showing the share of revenue converted to profit. This is up 2.8 percentage points from the prior year.
Southern Copper's ROE was 39.4% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 2.4 percentage points from the prior year.
Capital Allocation
Southern Copper invested $1.3B in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 29.0% from the prior year.
SCCO Income Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.9B+14.6% | $3.4B+10.7% | $3.1B-2.3% | $3.1B+12.1% | $2.8B-5.0% | $2.9B-6.0% | $3.1B+19.9% | $2.6B |
| Cost of Revenue | $1.5B+8.5% | $1.4B+12.0% | $1.2B-8.1% | $1.3B+8.9% | $1.2B-0.9% | $1.2B-2.1% | $1.2B+7.9% | $1.2B |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $39.9M+18.4% | $33.7M+3.7% | $32.5M+2.5% | $31.7M-8.4% | $34.6M+10.9% | $31.2M-8.0% | $33.9M+10.1% | $30.8M |
| Operating Income | $2.1B+19.3% | $1.8B+11.5% | $1.6B+3.4% | $1.5B+17.4% | $1.3B-9.9% | $1.5B-9.8% | $1.6B+35.1% | $1.2B |
| Interest Expense | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Tax | N/A | N/A | N/A | $532.8M+19.3% | $446.7M-15.1% | $526.4M-9.1% | $578.8M+36.7% | $423.4M |
| Net Income | $1.3B+18.1% | $1.1B+13.7% | $976.7M+2.9% | $949.1M+19.2% | $796.2M-11.5% | $899.8M-5.7% | $953.8M+29.1% | $738.8M |
| EPS (Diluted) | N/A | $1.35+11.6% | $1.21+1.7% | $1.19 | N/A | $1.12-7.4% | $1.21+27.4% | $0.95 |
SCCO Balance Sheet
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $21.4B+5.2% | $20.3B+4.0% | $19.6B-1.2% | $19.8B+5.8% | $18.7B+1.6% | $18.4B+3.6% | $17.8B+5.9% | $16.8B |
| Current Assets | $8.4B+8.9% | $7.7B+9.5% | $7.0B-3.0% | $7.2B+16.9% | $6.2B+4.2% | $5.9B+11.1% | $5.3B+20.1% | $4.4B |
| Cash & Equivalents | $4.3B+9.0% | $3.9B+18.4% | $3.3B-19.0% | $4.1B+26.3% | $3.3B+22.7% | $2.7B+41.6% | $1.9B+49.8% | $1.3B |
| Inventory | $1.1B+2.6% | $1.0B+2.6% | $1.0B+4.0% | $966.1M-7.9% | $1.0B+5.9% | $990.5M-2.6% | $1.0B+0.3% | $1.0B |
| Accounts Receivable | $2.0B+13.5% | $1.7B+10.4% | $1.6B+0.6% | $1.5B+30.1% | $1.2B-22.3% | $1.5B-5.7% | $1.6B+25.4% | $1.3B |
| Goodwill | $41.9M | N/A | N/A | N/A | $41.9M | N/A | N/A | N/A |
| Total Liabilities | $10.3B+4.7% | $9.9B+3.3% | $9.6B-6.4% | $10.2B+7.1% | $9.5B+0.5% | $9.5B+2.3% | $9.3B+0.4% | $9.2B |
| Current Liabilities | $2.1B+26.3% | $1.7B+27.8% | $1.3B-31.6% | $1.9B-13.5% | $2.2B+5.1% | $2.1B+12.7% | $1.9B+41.7% | $1.3B |
| Long-Term Debt | $6.8B0.0% | $6.7B0.0% | $6.7B0.0% | $6.7B+17.2% | $5.8B0.0% | $5.8B0.0% | $5.8B-8.0% | $6.3B |
| Total Equity | $11.0B+5.6% | $10.4B+4.7% | $10.0B+4.4% | $9.6B+4.3% | $9.2B+2.8% | $8.9B+5.0% | $8.5B+12.6% | $7.5B |
| Retained Earnings | $5.8B-5.2% | $6.1B-5.3% | $6.5B-3.3% | $6.7B-2.3% | $6.8B-4.2% | $7.1B-0.5% | $7.2B+0.3% | $7.2B |
SCCO Cash Flow Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $1.5B-4.2% | $1.6B+59.7% | $976.8M+35.4% | $721.4M-47.0% | $1.4B-5.5% | $1.4B+49.6% | $962.1M+45.8% | $659.7M |
| Capital Expenditures | $422.6M+21.0% | $349.2M+48.2% | $235.7M-25.8% | $317.8M+35.1% | $235.3M-4.5% | $246.4M-25.7% | $331.8M+55.2% | $213.8M |
| Free Cash Flow | $1.1B-11.5% | $1.2B+63.3% | $741.1M+83.6% | $403.6M-64.1% | $1.1B-5.7% | $1.2B+89.3% | $630.3M+41.4% | $445.9M |
| Investing Cash Flow | -$451.3M-80.7% | -$249.7M+64.0% | -$692.9M-138.4% | -$290.7M-79.7% | -$161.8M+31.4% | -$236.0M+28.9% | -$331.7M-690.2% | $56.2M |
| Financing Cash Flow | -$731.5M-12.9% | -$648.2M+38.9% | -$1.1B-345.0% | $432.9M+178.1% | -$554.0M-17.6% | -$471.0M | $0+100.0% | -$620.1M |
| Dividends Paid | $731.1M+13.6% | $643.3M+15.4% | $557.4M+0.7% | $553.3M+0.6% | $549.9M+17.3% | $468.8M | $0-100.0% | $618.5M |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
SCCO Financial Ratios
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | 54.5%+2.2pp | 52.4%+0.4pp | 52.0%+2.8pp | 49.2%+2.2pp | 46.9%-2.5pp | 49.5%-2.1pp | 51.5%+5.8pp | 45.8% |
| Net Margin | 33.9%+1.0pp | 32.9%+0.9pp | 32.0%+1.6pp | 30.4%+1.8pp | 28.6%-2.1pp | 30.7%+0.1pp | 30.6%+2.2pp | 28.4% |
| Return on Equity | 11.9%+1.2pp | 10.6%+0.9pp | 9.8%-0.1pp | 9.9%+1.2pp | 8.7%-1.4pp | 10.1%-1.1pp | 11.2%+1.4pp | 9.8% |
| Return on Assets | 6.1%+0.7pp | 5.5%+0.5pp | 5.0%+0.2pp | 4.8%+0.5pp | 4.3%-0.6pp | 4.9%-0.5pp | 5.4%+1.0pp | 4.4% |
| Current Ratio | 3.89-0.6 | 4.52-0.8 | 5.27+1.6 | 3.71+1.0 | 2.75-0.0 | 2.77-0.0 | 2.81-0.5 | 3.31 |
| Debt-to-Equity | 0.61-0.0 | 0.65-0.0 | 0.68-0.0 | 0.71+0.1 | 0.63-0.0 | 0.65-0.0 | 0.68-0.2 | 0.83 |
| FCF Margin | 27.7%-8.2pp | 35.8%+11.5pp | 24.3%+11.4pp | 12.9%-27.5pp | 40.4%-0.3pp | 40.7%+20.5pp | 20.2%+3.1pp | 17.2% |
Frequently Asked Questions
What is Southern Copper's annual revenue?
Southern Copper (SCCO) reported $13.4B in total revenue for fiscal year 2025. This represents a 17.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Southern Copper's revenue growing?
Southern Copper (SCCO) revenue grew by 17.4% year-over-year, from $11.4B to $13.4B in fiscal year 2025.
Is Southern Copper profitable?
Yes, Southern Copper (SCCO) reported a net income of $4.3B in fiscal year 2025, with a net profit margin of 32.4%.
What is Southern Copper's EBITDA?
Southern Copper (SCCO) had EBITDA of $7.9B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Southern Copper have?
As of fiscal year 2025, Southern Copper (SCCO) had $4.3B in cash and equivalents against $6.8B in long-term debt.
What is Southern Copper's operating margin?
Southern Copper (SCCO) had an operating margin of 52.2% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Southern Copper's net profit margin?
Southern Copper (SCCO) had a net profit margin of 32.4% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does Southern Copper pay dividends?
Yes, Southern Copper (SCCO) paid $3.10 per share in dividends during fiscal year 2025.
What is Southern Copper's return on equity (ROE)?
Southern Copper (SCCO) has a return on equity of 39.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Southern Copper's free cash flow?
Southern Copper (SCCO) generated $3.4B in free cash flow during fiscal year 2025. This represents a 1.0% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Southern Copper's operating cash flow?
Southern Copper (SCCO) generated $4.8B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Southern Copper's total assets?
Southern Copper (SCCO) had $21.4B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Southern Copper's capital expenditures?
Southern Copper (SCCO) invested $1.3B in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Southern Copper's current ratio?
Southern Copper (SCCO) had a current ratio of 3.89 as of fiscal year 2025, which is generally considered healthy.
What is Southern Copper's debt-to-equity ratio?
Southern Copper (SCCO) had a debt-to-equity ratio of 0.61 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Southern Copper's return on assets (ROA)?
Southern Copper (SCCO) had a return on assets of 20.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Southern Copper's Altman Z-Score?
Southern Copper (SCCO) has an Altman Z-Score of 10.09, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Southern Copper's Piotroski F-Score?
Southern Copper (SCCO) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Southern Copper's earnings high quality?
Southern Copper (SCCO) has an earnings quality ratio of 1.09x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Southern Copper?
Southern Copper (SCCO) scores 86 out of 100 on our Financial Profile, indicating strong overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.