Southern Copper (SCCO) Gross Margin (2009 - 2026)
Southern Copper (SCCO) posted Gross Margin of 67.6% for Q2 2026, up 4.41% on a QoQ basis from 64.75% in Q1 2026, and up 732.0% year-over-year from 8.13% in Q2 2025.
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Southern Copper (SCCO) Gross Margin (2009 - 2026) Analysis & Trends
Southern Copper has reported Gross Margin for 18 years, with the latest figure at 67.6% in Q2 2026.
- On a quarterly basis, Gross Margin rose 732.0% year-over-year to 67.6% in Q2 2026; TTM through Jun 2026 was 63.79%, a 556.0% increase from a year earlier, with the FY2025 full-year figure at 60.07%, up 241.0% from the prior year.
- Gross Margin was 67.6% for Q2 2026 at Southern Copper, up from 64.75% in the prior quarter.
- The five-year high for Gross Margin was 67.6% in Q2 2026, with the low at 45.96% in Q2 2022.
- Average Gross Margin over 5 years is 56.89%, with a median of 57.5% recorded in 2025.
- The sharpest annual moves came in 2022 and 2024: Gross Margin sank 2002 bps in 2022, then surged 983 bps in 2024.
- Over 5 years, Gross Margin stood at 57.21% in 2022, then fell by 14 bps to 49.03% in 2023, then advanced by 15 bps to 56.48% in 2024, then increased by 10 bps to 61.97% in 2025, then grew by 9 bps to 67.6% in 2026.
- The last three Gross Margin figures came in at 67.6% (Q2 2026), 64.75% (Q1 2026), and 61.97% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 186.21 Bn | 152.34 Bn | - | - |
| 2 | Southern Copper | 170.20 Bn | 149.06 Bn | 2.90 Bn | 67.60% |
| 3 | Newmont | 127.93 Bn | 96.10 Bn | 4.03 Bn | 65.87% |
| 4 | Ternium | 111.02 Bn | 76.07 Bn | 941.02 Mn | 21.68% |
| 5 | Freeport-Mcmoran | 103.81 Bn | 99.96 Bn | 2.19 Bn | 31.10% |
| 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 | 54.74% |
| 8 | Nucor | 56.10 Bn | 46.64 Bn | 2.03 Bn | 19.56% |
| 9 | ArcelorMittal | 53.80 Bn | 34.82 Bn | - | - |
| 10 | AngloGold Ashanti | 50.01 Bn | 39.68 Bn | 1.70 Bn | 54.86% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |
| Sep 30, 2021 | 65.40% |
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();