Southern Copper (SCCO) Gross Margin (2009 - 2026)
Southern Copper (SCCO) posted Gross Margin of 65.95% for Q3 2026, up 6.13 percentage points from 59.83% a year earlier but down 1.65 percentage points from the prior quarter.
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Analysis
Southern Copper (SCCO) Gross Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Gross Margin at Southern Copper was 65.17%, up 6.51 percentage points year-over-year; for FY2025, it was 60.07%, up 2.41 percentage points from FY2024.
- Annual Gross Margin shows a five-year change of +9.28 percentage points (FY2020 to FY2025).
- In prior years, Southern Copper's Gross Margin was 57.66% in FY2024 (+5.03 pp), 52.63% in FY2023 (-1.10 pp), 53.73% in FY2022 (-10.65 pp) and 64.38% in FY2021 (+13.60 pp).
- Quarterly Gross Margin has run from a low of 45.96% in Q2 2022 to a high of 67.60% in Q2 2026 over five years.
- On a year-over-year basis, Gross Margin has increased in each of the last ten quarters, with an average year-over-year change of +4.69 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Gross Margin in the past five years was Q2 2024, with a gain of 9.83 percentage points; the weakest was Q2 2022, with a drop of 20.02 percentage points.
- According to Business Quant data, Gross Margin for the three prior quarters was 67.60% (Q2 2026), 64.75% (Q1 2026) and 61.97% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 170.99 Bn | 133.79 Bn | - | - |
| 2 | Southern Copper | 138.52 Bn | 113.25 Bn | 3.10 Bn | 65.95% |
| 3 | Rio Tinto | 135.90 Bn | 96.73 Bn | - | - |
| 4 | Newmont | 126.75 Bn | 91.89 Bn | 4.22 Bn | 66.32% |
| 5 | Ternium | 96.55 Bn | 64.81 Bn | 1.04 Bn | 22.32% |
| 6 | Agnico Eagle Mines | 96.18 Bn | 83.12 Bn | 2.15 Bn | 60.10% |
| 7 | Freeport-Mcmoran | 85.33 Bn | 69.37 Bn | 2.19 Bn | 31.10% |
| 8 | Barrick Mining | 69.13 Bn | 44.33 Bn | 2.90 Bn | 54.74% |
| 9 | Nucor | 55.83 Bn | 45.21 Bn | 2.03 Bn | 19.56% |
| 10 | AngloGold Ashanti | 47.25 Bn | 34.55 Bn | 1.30 Bn | 49.75% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 65.95% |
| Jun 30, 2026 | 67.60% |
| 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% |
API Access
Southern Copper Gross Margin 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=gross-margin&ticker=SCCO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=SCCO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();