Southern Copper (SCCO) Operating Margin (2009 - 2026)

Southern Copper's Operating Margin history runs 18 years deep, the most recent figure standing at 58.34% for Q1 2026.

• In Q1 2026, Operating Margin rose 916.0% year-over-year to 58.34%; the TTM figure through Mar 2026 stood at 54.62% (up 526.0% YoY), while the FY2025 annual figure was 52.17%, up 359.0% from the prior year.
• Operating Margin was 58.34% for Q1 2026 at Southern Copper, up from 54.54% in the prior quarter.
• In the past five years, Operating Margin ranged from a high of 58.34% in Q1 2026 to a low of 35.05% in Q2 2022.
• Historically, Operating Margin has averaged 47.15% across 5 years, with a median of 48.58% in 2022.
• The sharpest annual moves came in 2022 and 2024: Operating Margin plunged 2278 bps in 2022, then surged 1240 bps in 2024.
• A 5-year view of Operating Margin shows it stood at 48.58% in 2022, then decreased by 22 bps to 37.84% in 2023, then climbed by 24 bps to 46.95% in 2024, then increased by 16 bps to 54.54% in 2025, then increased by 7 bps to 58.34% in 2026.
• The last three Operating Margin figures came in at 58.34% (Q1 2026), 54.54% (Q4 2025), and 52.37% (Q3 2025), per Business Quant data.