Southern Copper (SCCO) Deferred Taxes (2009 - 2026)
Southern Copper (SCCO) posted Deferred Taxes of $16.2 million for Q2 2026, up 146.55% on a QoQ basis from -$34.8 million in Q1 2026, and down 35.2% year-over-year from $25.0 million in Q2 2025.
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.
- On a quarterly basis, Deferred Taxes fell 35.2% year-over-year to $16.2 million in Q2 2026; TTM through Jun 2026 was -$105.7 million, a 378.28% decrease from a year earlier, with the FY2025 full-year figure at -$33.9 million, up 35.06% from the prior year.
- Deferred Taxes was $16.2 million for Q2 2026 at Southern Copper, up from -$34.8 million in the prior quarter.
- The five-year high for Deferred Taxes was $52.6 million in Q3 2022, with the low at -$66.7 million in Q4 2025.
- Average Deferred Taxes over 5 years is -$2.5 million, with a median of -$3.9 million recorded in 2022.
- The sharpest annual moves came in 2025 and 2026: Deferred Taxes surged 525.0% in 2025, then tumbled 223.4% in 2026.
- Over 5 years, Deferred Taxes stood at $34.1 million in 2022, then tumbled by 146.33% to -$15.8 million in 2023, then tumbled by 215.19% to -$49.8 million in 2024, then slumped by 33.94% to -$66.7 million in 2025, then jumped by 124.29% to $16.2 million in 2026.
- The last three Deferred Taxes figures came in at $16.2 million (Q2 2026), -$34.8 million (Q1 2026), and -$66.7 million (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 186.21 Bn | 152.34 Bn | - | - |
| 2 | Southern Copper | 170.20 Bn | 149.06 Bn | 2.90 Bn | 16.20 Mn |
| 3 | Newmont | 127.93 Bn | 96.10 Bn | 4.03 Bn | -101.00 Mn |
| 4 | Ternium | 111.02 Bn | 76.07 Bn | 941.02 Mn | - |
| 5 | Freeport-Mcmoran | 103.81 Bn | 99.96 Bn | 2.19 Bn | 16.00 Mn |
| 6 | Agnico Eagle Mines | 97.22 Bn | 97.22 Bn | 2.43 Bn | - |
| 7 | Barrick Mining | 71.84 Bn | 56.58 Bn | 2.90 Bn | 732.00 Mn |
| 8 | Nucor | 56.10 Bn | 46.64 Bn | 2.03 Bn | -27.00 Mn |
| 9 | ArcelorMittal | 53.80 Bn | 34.82 Bn | - | 142.00 Mn |
| 10 | AngloGold Ashanti | 50.01 Bn | 39.68 Bn | 1.70 Bn | - |
Historic 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 |
Southern Copper Deferred Taxes API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=deferred-taxes&ticker=SCCO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "deferred-taxes", "ticker": "SCCO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=deferred-taxes&ticker=SCCO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();