Southern Copper (SCCO) Gross Margin (2009 - 2026)
Southern Copper (SCCO) posted Gross Margin of 67.60% for Q2 2026, up 7.32 percentage points from 60.29% a year earlier and up 2.86 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 Jun 30, 2026, Gross Margin at Southern Copper was 63.79%, up 5.56 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).
- The Q2 2026 figure stands as the highest quarterly Gross Margin in data going back to Q1 2009.
- On a year-over-year basis, Gross Margin has increased in each of the last nine quarters, with an average year-over-year change of +4.58 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Gross Margin in the past five years was Q3 2021, with a gain of 9.97 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 64.75% (Q1 2026), 61.97% (Q4 2025) and 59.83% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 182.38 Bn | 151.41 Bn | - | - |
| 2 | Southern Copper | 167.53 Bn | 146.32 Bn | 2.90 Bn | 67.60% |
| 3 | Rio Tinto | 145.19 Bn | 105.69 Bn | - | - |
| 4 | Newmont | 125.76 Bn | 93.76 Bn | 4.03 Bn | 65.87% |
| 5 | Freeport-Mcmoran | 100.06 Bn | 84.10 Bn | 2.19 Bn | 31.10% |
| 6 | Agnico Eagle Mines | 94.12 Bn | 83.75 Bn | 2.43 Bn | 63.79% |
| 7 | Barrick Mining | 69.05 Bn | 44.25 Bn | 2.90 Bn | 54.74% |
| 8 | Nucor | 59.59 Bn | 48.98 Bn | 2.03 Bn | 19.56% |
| 9 | ArcelorMittal | 47.82 Bn | 26.84 Bn | - | - |
| 10 | AngloGold Ashanti | 46.49 Bn | 34.38 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();