Southern Copper (SCCO) Operating Leases (2019 - 2026)
Southern Copper (SCCO) recorded Operating Leases of $534.4 million in Q2 2026, down 13.3% from $616.7 million a year earlier and down 4.8% from the prior quarter.
Southern Copper (SCCO) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2025, Southern Copper reported Operating Leases of $576.3 million, down 12.4% from FY2024.
- Annual Operating Leases has declined for six straight years, with a five-year compound annual growth rate of -8.7% (FY2020 to FY2025).
- Across earlier years, Operating Leases came in at $657.6 million in FY2024 (-5.7%), $697.4 million in FY2023 (-9.9%), $774.1 million in FY2022 (-8.1%) and $842.4 million in FY2021 (-7.3%).
- The Q2 2026 figure is the lowest quarterly Operating Leases in data going back to Q1 2019.
- On a year-over-year basis, Operating Leases has declined for 20 consecutive quarters, with an average decline of 9.3% over the last eight quarters.
- The year-over-year decline in Operating Leases has ranged between 5.7% (Q4 2024) and 13.3% (Q2 2026) over the last five years.
- Per Business Quant, the preceding three quarters came in at $561.3 million (Q1 2026), $576.3 million (Q4 2025) and $598 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rio Tinto | 182.38 Bn | 151.41 Bn | - |
| 2 | Southern Copper | 167.53 Bn | 146.32 Bn | 2.90 Bn |
| 3 | Rio Tinto | 145.19 Bn | 105.69 Bn | - |
| 4 | Newmont | 125.76 Bn | 93.76 Bn | 4.03 Bn |
| 5 | Freeport-Mcmoran | 100.06 Bn | 84.10 Bn | 2.19 Bn |
| 6 | Agnico Eagle Mines | 94.12 Bn | 83.75 Bn | 2.43 Bn |
| 7 | Barrick Mining | 69.05 Bn | 44.25 Bn | 2.90 Bn |
| 8 | Nucor | 59.59 Bn | 48.98 Bn | 2.03 Bn |
| 9 | ArcelorMittal | 47.82 Bn | 26.84 Bn | - |
| 10 | AngloGold Ashanti | 46.49 Bn | 34.38 Bn | 1.70 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 534.40 Mn |
| Mar 31, 2026 | 561.30 Mn |
| Dec 31, 2025 | 576.30 Mn |
| Sep 30, 2025 | 598.00 Mn |
| Jun 30, 2025 | 616.70 Mn |
| Mar 31, 2025 | 637.60 Mn |
| Dec 31, 2024 | 657.60 Mn |
| Sep 30, 2024 | 649.30 Mn |
| Jun 30, 2024 | 668.50 Mn |
| Mar 31, 2024 | 680.10 Mn |
| Dec 31, 2023 | 697.40 Mn |
| Sep 30, 2023 | 715.10 Mn |
| Jun 30, 2023 | 738.70 Mn |
| Mar 31, 2023 | 756.50 Mn |
| Dec 31, 2022 | 774.10 Mn |
| Sep 30, 2022 | 792.80 Mn |
| Jun 30, 2022 | 807.80 Mn |
| Mar 31, 2022 | 826.20 Mn |
| Dec 31, 2021 | 842.40 Mn |
| Sep 30, 2021 | 854.00 Mn |
Southern Copper Operating Leases 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=operating-leases&ticker=SCCO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "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=operating-leases&ticker=SCCO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();