Southern Copper (SCCO) Operating Margin (2009 - 2026)
Southern Copper (SCCO) posted Operating Margin of 61.16% for Q2 2026, up 4.83% on a QoQ basis from 58.34% in Q1 2026, and up 915.0% year-over-year from 6.03% in Q2 2025.
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Analysis
Southern Copper (SCCO) Operating Margin (2009 - 2026) Analysis & Trends
Southern Copper has reported Operating Margin for 18 years, with the latest figure at 61.16% in Q2 2026.
- On a quarterly basis, Operating Margin rose 915.0% year-over-year to 61.16% in Q2 2026; TTM through Jun 2026 was 56.9%, a 744.0% increase from a year earlier, with the FY2025 full-year figure at 52.17%, up 359.0% from the prior year.
- Operating Margin was 61.16% for Q2 2026 at Southern Copper, up from 58.34% in the prior quarter.
- The five-year high for Operating Margin was 61.16% in Q2 2026, with the low at 35.05% in Q2 2022.
- Average Operating Margin over 5 years is 47.93%, with a median of 48.88% recorded in 2022.
- The sharpest annual moves came in 2022 and 2024: Operating Margin tumbled 2278 bps in 2022, then soared 1240 bps in 2024.
- Over 5 years, Operating Margin stood at 48.58% in 2022, then slipped by 22 bps to 37.84% in 2023, then grew by 24 bps to 46.95% in 2024, then rose by 16 bps to 54.54% in 2025, then climbed by 12 bps to 61.16% in 2026.
- The last three Operating Margin figures came in at 61.16% (Q2 2026), 58.34% (Q1 2026), and 54.54% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 186.21 Bn | 152.34 Bn | - | - |
| 2 | Southern Copper | 170.20 Bn | 149.06 Bn | 2.90 Bn | 61.16% |
| 3 | Newmont | 127.93 Bn | 96.10 Bn | 4.03 Bn | 16.48% |
| 4 | Ternium | 111.02 Bn | 76.07 Bn | 941.02 Mn | 12.17% |
| 5 | Freeport-Mcmoran | 103.81 Bn | 99.96 Bn | 2.19 Bn | 28.50% |
| 6 | Agnico Eagle Mines | 97.22 Bn | 97.22 Bn | 2.43 Bn | - |
| 7 | Barrick Mining | 71.84 Bn | 56.58 Bn | 2.90 Bn | 51.63% |
| 8 | Nucor | 56.10 Bn | 46.64 Bn | 2.03 Bn | 15.67% |
| 9 | ArcelorMittal | 53.80 Bn | 34.82 Bn | - | 6.29% |
| 10 | AngloGold Ashanti | 50.01 Bn | 39.68 Bn | 1.70 Bn | 57.51% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 61.16% |
| Mar 31, 2026 | 58.34% |
| Dec 31, 2025 | 54.54% |
| Sep 30, 2025 | 52.37% |
| Jun 30, 2025 | 52.02% |
| Mar 31, 2025 | 49.18% |
| Dec 31, 2024 | 46.95% |
| Sep 30, 2024 | 49.48% |
| Jun 30, 2024 | 51.54% |
| Mar 31, 2024 | 45.76% |
| Dec 31, 2023 | 37.84% |
| Sep 30, 2023 | 42.67% |
| Jun 30, 2023 | 39.15% |
| Mar 31, 2023 | 48.45% |
| Dec 31, 2022 | 48.58% |
| Sep 30, 2022 | 36.50% |
| Jun 30, 2022 | 35.05% |
| Mar 31, 2022 | 53.19% |
| Dec 31, 2021 | 54.20% |
| Sep 30, 2021 | 56.24% |
API Access
Southern Copper Operating Margin 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-margin&ticker=SCCO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "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-margin&ticker=SCCO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();