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