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| Date | Value |
|---|---|
| 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% |