Southern Copper (SCCO) Non Operating Income (2015 - 2024)

Southern Copper (SCCO) posted quarterly Non Operating Income of -$44.8 million for Q3 2024, up 26.19% year-over-year from -$35.5 million in Q4 2023, and up 21.13% on a QoQ basis from -$56.8 million in Q2 2024.

Southern Copper (SCCO) Non Operating Income (2015 - 2024) Analysis & Trends

Southern Copper has reported Non Operating Income for 10 years, with the latest figure at -$44.8 million in Q3 2024.

  • Non Operating Income for Q3 2024 came in at -$44.8 million, up 26.19% year-over-year; the trailing twelve-month figure through Sep 2024 was -$214.4 million (up 12.53% YoY), and the FY2023 annual result was -$240.1 million, up 21.3% from the prior year.
  • Non Operating Income rose to -$44.8 million in Q3 2024, from -$56.8 million in the prior quarter.
  • Over five years, Non Operating Income peaked at -$44.8 million in Q3 2024 and troughed at -$89.0 million in Q1 2020.
  • A 5-year average of -$73.5 million and a median of -$80.9 million in 2022 frame the typical range for Non Operating Income.
  • The widest annual swing landed in 2020, when Non Operating Income retreated 20.11%; it then climbed 27.81% in 2023.
  • A 5-year view of Non Operating Income shows it stood at -$84.4 million in 2020, then slipped by 3.44% to -$87.3 million in 2021, then advanced by 26.0% to -$64.6 million in 2022, then increased by 7.74% to -$59.6 million in 2023, then gained by 24.83% to -$44.8 million in 2024.
  • Per Business Quant data, the three most recent Non Operating Income figures were -$44.8 million in Q3 2024, -$56.8 million in Q2 2024, and -$53.2 million in Q1 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Non Op. Inc. (Qtr)
1 Southern Copper 162.41 Bn 155.08 Bn 2.90 Bn -
2 Freeport-Mcmoran 99.78 Bn 95.70 Bn 2.19 Bn -
3 Hudbay Minerals 11.03 Bn 9.99 Bn 269.00 Mn -
4 Ero Copper 3.78 Bn 3.69 Bn 105.91 Mn -
5 Trekor Metals 3.18 Bn 3.06 Bn 83.54 Mn -
6 Ivanhoe Electric 1.80 Bn 1.55 Bn 368,000.00 243,000.00

Historic Data

Download Data
DateValue
Sep 30, 2024 -44.80 Mn
Jun 30, 2024 -56.80 Mn
Mar 31, 2024 -53.20 Mn
Dec 31, 2023 -59.60 Mn
Sep 30, 2023 -60.70 Mn
Jun 30, 2023 -58.40 Mn
Mar 31, 2023 -61.40 Mn
Dec 31, 2022 -64.60 Mn
Sep 30, 2022 -76.40 Mn
Jun 30, 2022 -80.90 Mn
Mar 31, 2022 -83.10 Mn
Dec 31, 2021 -87.30 Mn
Sep 30, 2021 -87.40 Mn
Jun 30, 2021 -88.00 Mn
Mar 31, 2021 -87.20 Mn
Dec 31, 2020 -84.40 Mn
Sep 30, 2020 -86.40 Mn
Jun 30, 2020 -87.80 Mn
Mar 31, 2020 -89.00 Mn
Dec 31, 2019 -87.00 Mn