Southern Copper (SCCO) Deferred Taxes (2009 - 2026)
Southern Copper (SCCO) posted quarterly Deferred Taxes of $16.2 million for Q2 2026, down 35.2% year-over-year from $25.0 million in Q2 2025, and up 146.55% on a QoQ basis from -$34.8 million in Q1 2026.
Southern Copper (SCCO) Deferred Taxes (2009 - 2026) Analysis & Trends
Southern Copper has reported Deferred Taxes for 18 years, with the latest figure at $16.2 million in Q2 2026.
- Deferred Taxes for Q2 2026 came in at $16.2 million, down 35.2% year-over-year; the trailing twelve-month figure through Jun 2026 was -$105.7 million (down 378.28% YoY), and the FY2025 annual result was -$33.9 million, up 35.06% from the prior year.
- Deferred Taxes grew to $16.2 million in Q2 2026, from -$34.8 million in the prior quarter.
- Over five years, Deferred Taxes peaked at $52.6 million in Q3 2022 and troughed at -$66.7 million in Q4 2025.
- A 5-year average of -$2.5 million and a median of -$3.9 million in 2022 frame the typical range for Deferred Taxes.
- The widest annual swing landed in 2025, when Deferred Taxes jumped 525.0%; it then tumbled 223.4% in 2026.
- A 5-year view of Deferred Taxes shows it stood at $34.1 million in 2022, then sank by 146.33% to -$15.8 million in 2023, then sank by 215.19% to -$49.8 million in 2024, then plunged by 33.94% to -$66.7 million in 2025, then surged by 124.29% to $16.2 million in 2026.
- Per Business Quant data, the three most recent Deferred Taxes figures were $16.2 million in Q2 2026, -$34.8 million in Q1 2026, and -$66.7 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Southern Copper | 159.97 Bn | 152.64 Bn | 2.90 Bn | 16.20 Mn |
| 2 | Freeport-Mcmoran | 99.02 Bn | 94.94 Bn | 2.19 Bn | 16.00 Mn |
| 3 | Hudbay Minerals | 11.05 Bn | 10.01 Bn | 269.00 Mn | - |
| 4 | Ero Copper | 3.78 Bn | 3.69 Bn | 105.91 Mn | 17.89 Mn |
| 5 | Trekor Metals | 3.18 Bn | 3.06 Bn | 83.54 Mn | 12.15 Mn |
| 6 | Ivanhoe Electric | 1.74 Bn | 1.48 Bn | 368,000.00 | -437,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 16.20 Mn |
| Mar 31, 2026 | -34.80 Mn |
| Dec 31, 2025 | -66.70 Mn |
| Sep 30, 2025 | -20.40 Mn |
| Jun 30, 2025 | 25.00 Mn |
| Mar 31, 2025 | 28.20 Mn |
| Dec 31, 2024 | -49.80 Mn |
| Sep 30, 2024 | -25.50 Mn |
| Jun 30, 2024 | 4.00 Mn |
| Mar 31, 2024 | 19.10 Mn |
| Dec 31, 2023 | -15.80 Mn |
| Sep 30, 2023 | -49.60 Mn |
| Jun 30, 2023 | 24.70 Mn |
| Mar 31, 2023 | -18.40 Mn |
| Dec 31, 2022 | 34.10 Mn |
| Sep 30, 2022 | 52.60 Mn |
| Jun 30, 2022 | -11.80 Mn |
| Mar 31, 2022 | 43.70 Mn |
| Dec 31, 2021 | -26.20 Mn |
| Sep 30, 2021 | -103.30 Mn |