Southern Copper (SCCO) Gross Margin (2009 - 2026)

Southern Copper (SCCO) recorded quarterly Gross Margin of 64.75% in Q1 2026, up 4.47% quarter-over-quarter from 61.97% in Q4 2025, and up 700.0% on a YoY basis from 8.09% in Q1 2025.

Southern Copper (SCCO) Gross Margin (2009 - 2026) Analysis & Trends

Southern Copper's Gross Margin history runs 18 years deep, the most recent figure standing at 64.75% for Q1 2026.

  • In Q1 2026, Gross Margin rose 700.0% year-over-year to 64.75%; the TTM figure through Mar 2026 stood at 61.93% (up 378.0% YoY), while the FY2025 annual figure was 60.07%, up 241.0% from the prior year.
  • Gross Margin was 64.75% for Q1 2026 at Southern Copper, up from 61.97% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 64.75% in Q1 2026 to a low of 45.96% in Q2 2022.
  • Historically, Gross Margin has averaged 56.26% across 5 years, with a median of 57.26% in 2023.
  • The sharpest annual moves came in 2022 and 2024: Gross Margin slumped 2002 bps in 2022, then jumped 983 bps in 2024.
  • A 5-year view of Gross Margin shows it stood at 57.21% in 2022, then declined by 14 bps to 49.03% in 2023, then gained by 15 bps to 56.48% in 2024, then grew by 10 bps to 61.97% in 2025, then increased by 4 bps to 64.75% in 2026.
  • The last three Gross Margin figures came in at 64.75% (Q1 2026), 61.97% (Q4 2025), and 59.83% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Southern Copper 142.13 Bn 136.85 Bn 2.75 Bn 64.75%
2 Freeport-Mcmoran 91.19 Bn 99.46 Bn 6.22 Bn 99.73%
3 Hudbay Minerals 10.19 Bn 9.65 Bn 368.00 Mn 48.59%
4 Ero Copper 2.69 Bn 2.58 Bn 105.91 Mn 40.25%
5 Ivanhoe Electric 1.75 Bn 1.46 Bn 505,000.00 58.86%
6 Taseko Mines 3.95 Mn -119.02 Mn 83.54 Mn 48.32%

Historic Data

Download Data
DateValue
Mar 31, 2026 64.75%
Dec 31, 2025 61.97%
Sep 30, 2025 59.83%
Jun 30, 2025 60.29%
Mar 31, 2025 57.74%
Dec 31, 2024 56.48%
Sep 30, 2024 58.27%
Jun 30, 2024 59.95%
Mar 31, 2024 55.47%
Dec 31, 2023 49.03%
Sep 30, 2023 53.08%
Jun 30, 2023 50.12%
Mar 31, 2023 57.26%
Dec 31, 2022 57.21%
Sep 30, 2022 47.24%
Jun 30, 2022 45.96%
Mar 31, 2022 61.73%
Dec 31, 2021 63.25%
Sep 30, 2021 65.40%
Jun 30, 2021 65.98%