Southern Copper (SCCO) Deferred Taxes (2009 - 2026)

Southern Copper (SCCO) recorded quarterly Deferred Taxes of -$34.8 million in Q1 2026, up 47.83% quarter-over-quarter from -$66.7 million in Q4 2025, and down 223.4% on a YoY basis from $28.2 million in Q1 2025.

Southern Copper (SCCO) Deferred Taxes (2009 - 2026) Analysis & Trends

Southern Copper's Deferred Taxes history runs 18 years deep, the most recent figure standing at -$34.8 million for Q1 2026.

  • In Q1 2026, Deferred Taxes fell 223.4% year-over-year to -$34.8 million; the TTM figure through Mar 2026 stood at -$96.9 million (down 124.83% YoY), while the FY2025 annual figure was -$33.9 million, up 35.06% from the prior year.
  • Deferred Taxes was -$34.8 million for Q1 2026 at Southern Copper, up from -$66.7 million in the prior quarter.
  • In the past five years, Deferred Taxes ranged from a high of $52.6 million in Q3 2022 to a low of -$66.7 million in Q4 2025.
  • Historically, Deferred Taxes has averaged -$3.6 million across 5 years, with a median of -$11.8 million in 2022.
  • The sharpest annual moves came in 2025 and 2026: Deferred Taxes jumped 525.0% in 2025, then plunged 223.4% in 2026.
  • A 5-year view of Deferred Taxes shows it stood at $34.1 million in 2022, then plunged by 146.33% to -$15.8 million in 2023, then plunged by 215.19% to -$49.8 million in 2024, then tumbled by 33.94% to -$66.7 million in 2025, then surged by 47.83% to -$34.8 million in 2026.
  • The last three Deferred Taxes figures came in at -$34.8 million (Q1 2026), -$66.7 million (Q4 2025), and -$20.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Deferred Taxes (Qtr)
1 Southern Copper 142.13 Bn 136.85 Bn 2.75 Bn -34.80 Mn
2 Freeport-Mcmoran 91.19 Bn 99.46 Bn 6.22 Bn 19.00 Mn
3 Hudbay Minerals 10.19 Bn 9.65 Bn 368.00 Mn -
4 Ero Copper 2.69 Bn 2.58 Bn 105.91 Mn -10.69 Mn
5 Ivanhoe Electric 1.75 Bn 1.46 Bn 505,000.00 -
6 Taseko Mines 3.95 Mn -119.02 Mn 83.54 Mn -

Historic Data

Download Data
DateValue
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
Jun 30, 2021 42.10 Mn