Southern Copper Corporation

SCCO Basic Materials Copper

Southern Copper Corporation’s revenue for fiscal 2025 (year ended December 2025) was $13.4 billion, up 17.4% from fiscal 2024.

Revenue
+39.1%
EPS
+59.3%
Free cash flow
+41.2%
Total debt
+18.5%

Quarter to September 2026, against a year earlier

166.05 10.79 −6.10%
Market cap
$141.1B
P/E
21.7×
Fwd P/E
22.2×
Dividend yield
3.16%
F-score
7/9
Altman Z
9.36
Beneish M
−2.09
Dividend safety
56/100

Southern Copper Corporation (SCCO) revenue by segment, product and region

Where the money comes from and where it goes

Fiscal 2025: revenue by segment, and margins
Mexican Open-Pit 7,623 56.80%
Peruvian Operations 5,248 39.10%
Mexican IMMSA Unit 808 6.02%
Gross margin 60.07%
Operating margin 52.17%
Pre-tax margin 50.55%

Revenue by product or service $m

Line FY2021 FY2020 FY2019 FY2018 FY2017 FY2016
Copper 8,828 6,513 5,845 5,708 5,477 4,221
Molybdenum 1,053 510 549 510 353 268
Silver 474 249 278 329 286 294
Zinc 290 448 324 300 327 234
Other 289 264 289 250 212 362
Revenue 10,934 7,985 7,286 7,097 6,655 5,380

Revenue by segment $m

Line FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018 FY2017 FY2016 FY2015 FY2014 FY2013 FY2012 FY2011 FY2010 FY2009
Mexican Open-Pit 7,623 6,317 5,562 5,773 6,109 4,412 3,964 4,076 3,973 3,234 2,704 2,955 2,976 3,339 3,212 1,619 1,037
Peruvian Operations 5,248 4,605 3,854 3,909 4,371 3,154 2,940 2,572 2,244 1,794 2,021 2,482 2,615 2,952 3,187 3,126 2,224
Mexican IMMSA Unit 808 704 631 667 600 530 465 528 510 423 321 351 362 378 420 367 420
Corporate Other And Eliminations — — — — — — — — — — — — — — — 38 54
Eliminations (258) (192) (152) (300) (146) (111) (83) (79) (72) (72) — — — — — — —
Revenue 13,420 11,433 9,896 10,048 10,934 7,985 7,286 7,097 6,655 5,380 5,046 5,788 5,953 6,669 6,819 5,150 3,734

Operating income by segment $m, and margin

Revenue by region $m

Line FY2021 FY2020 FY2019 FY2018 FY2017 FY2016
Mexico 2,140 1,527 1,532 1,649 1,524 1,410
United States 1,934 1,363 1,196 1,259 1,190 1,050
Switzerland 1,697 1,443 1,173 653 602 437
Singapore 958 864 967 1,069 1,051 653
Other European countries 732 522 375 380 337 202
Japan 629 580 501 483 480 410
Peru 586 335 340 390 374 294
Spain 502 199 186 169 143 71
Brazil 437 233 212 272 240 196
Chile 385 221 191 136 103 92
Other Asian countries 369 239 273 222 186 186
Italy 308 272 297 347 332 305
China 215 146 — — — —
Other American countries 43 42 43 66 92 74
Revenue 10,934 7,985 7,286 7,097 6,655 5,380

Operating figures as reported in each quarter’s results release or filing

Figure Quarter Latest A year before Change
Copper 3rd party concentrate Q2 FY2026 1.9K 2.3K −19.56%
Copper mined Q2 FY2026 230.7K 239.0K −3.48%
Copper refined and rod Q2 FY2026 205.1K 187.6K +9.32%
Copper sales Q2 FY2026 220.7K 224.1K −1.50%
Copper smelted Q2 FY2026 159.0K 147.0K +8.21%
Copper total production Q2 FY2026 232.5K 241.3K −3.63%
Molybdenum mined Q2 FY2026 7.0K 7.9K −11.02%
Molybdenum sales Q2 FY2026 6.8K 7.8K −13.06%
Operating cash cost per pound of copper, net of by-product revenue credits Q3 FY2026 $0.09 $0.42 −78.57%
Silver mined Q2 FY2026 5.8M 6.0M −3.76%
Silver refined Q2 FY2026 3.0M 3.0M −0.33%
Silver sales Q2 FY2026 5.5M 6.0M −8.74%
Zinc mined Q2 FY2026 39.3K 45.9K −14.47%
Zinc refined Q2 FY2026 19.3K 20.4K −5.76%
Zinc sales Q2 FY2026 40.6K 44.5K −8.80%

As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.