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

Southern Copper (SCCO) recorded quarterly Net Margin of 37.09% in Q1 2026, up 9.75% quarter-over-quarter from 33.8% in Q4 2025, and up 679.0% on a YoY basis from 4.76% in Q1 2025.

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

Southern Copper's Net Margin history runs 18 years deep, the most recent figure standing at 37.09% for Q1 2026.

  • In Q1 2026, Net Margin rose 679.0% year-over-year to 37.09%; the TTM figure through Mar 2026 stood at 34.13% (up 413.0% YoY), while the FY2025 annual figure was 32.3%, up 277.0% from the prior year.
  • Net Margin was 37.09% for Q1 2026 at Southern Copper, up from 33.8% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 37.09% in Q1 2026 to a low of 18.74% in Q2 2022.
  • Historically, Net Margin has averaged 28.47% across 5 years, with a median of 29.11% in 2023.
  • The sharpest annual moves came in 2022 and 2024: Net Margin slumped 1346 bps in 2022, then jumped 913 bps in 2024.
  • A 5-year view of Net Margin shows it stood at 32.0% in 2022, then plunged by 39 bps to 19.38% in 2023, then soared by 47 bps to 28.51% in 2024, then gained by 19 bps to 33.8% in 2025, then rose by 10 bps to 37.09% in 2026.
  • The last three Net Margin figures came in at 37.09% (Q1 2026), 33.8% (Q4 2025), and 32.8% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Southern Copper 142.13 Bn 136.85 Bn 2.75 Bn 37.09%
2 Freeport-Mcmoran 91.19 Bn 99.46 Bn 6.22 Bn 14.13%
3 Hudbay Minerals 10.19 Bn 9.65 Bn 368.00 Mn 25.14%
4 Ero Copper 2.69 Bn 2.58 Bn 105.91 Mn 60.86%
5 Ivanhoe Electric 1.75 Bn 1.46 Bn 505,000.00 9,485.43%
6 Taseko Mines 3.95 Mn -119.02 Mn 83.54 Mn 7.10%

Historic Data

Download Data
DateValue
Mar 31, 2026 37.09%
Dec 31, 2025 33.80%
Sep 30, 2025 32.80%
Jun 30, 2025 31.90%
Mar 31, 2025 30.30%
Dec 31, 2024 28.51%
Sep 30, 2024 30.59%
Jun 30, 2024 30.47%
Mar 31, 2024 28.31%
Dec 31, 2023 19.38%
Sep 30, 2023 24.72%
Jun 30, 2023 23.80%
Mar 31, 2023 29.11%
Dec 31, 2022 32.00%
Sep 30, 2022 24.06%
Jun 30, 2022 18.74%
Mar 31, 2022 28.39%
Dec 31, 2021 29.50%
Sep 30, 2021 32.36%
Jun 30, 2021 32.20%