Southern Copper (SCCO) Return on Invested Capital (2009 - 2024)
Southern Copper (SCCO) recorded quarterly Return on Invested Capital of 0.0% in Q3 2024, up 5.83% quarter-over-quarter from 0.0% in Q2 2024, and up 2.0% on a YoY basis from 0.0% in Q4 2023.
Southern Copper (SCCO) Return on Invested Capital (2009 - 2024) Analysis & Trends
Southern Copper's Return on Invested Capital history runs 16 years deep, the most recent figure standing at 0.0% for Q3 2024.
- In Q3 2024, Return on Invested Capital rose 2.0% year-over-year to 0.0%; the TTM figure through Sep 2024 stood at 0.0% (up 2.0% YoY), while the FY2023 annual figure was 0.0%, up 971.0% from the prior year.
- Return on Invested Capital was 0.0% for Q3 2024 at Southern Copper, up from 0.0% in the prior quarter.
- In the past five years, Return on Invested Capital ranged from a high of 0.3% in Q4 2021 to a low of 8.26% in Q4 2022.
- Historically, Return on Invested Capital has averaged 0.42% across 5 years, with a median of 0.0% in 2020.
- The sharpest annual moves came in 2022 and 2023: Return on Invested Capital plunged 855 bps in 2022, then soared 826 bps in 2023.
- A 5-year view of Return on Invested Capital shows it stood at 0.18% in 2020, then soared by 69 bps to 0.3% in 2021, then slumped by 2886 bps to 8.26% in 2022, then surged by 100 bps to 0.0% in 2023, then grew by 15 bps to 0.0% in 2024.
- The last three Return on Invested Capital figures came in at 0.0% (Q3 2024), 0.0% (Q2 2024), and 0.0% (Q1 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Southern Copper | 142.13 Bn | 136.85 Bn | 2.75 Bn | - |
| 2 | Freeport-Mcmoran | 91.19 Bn | 99.46 Bn | 6.22 Bn | 0.00% |
| 3 | Hudbay Minerals | 10.19 Bn | 9.65 Bn | 368.00 Mn | - |
| 4 | Ero Copper | 2.69 Bn | 2.58 Bn | 105.91 Mn | 0.00% |
| 5 | Ivanhoe Electric | 1.75 Bn | 1.46 Bn | 505,000.00 | 0.00% |
| 6 | Taseko Mines | 3.95 Mn | -119.02 Mn | 83.54 Mn | 0.01% |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 0.00% |
| Jun 30, 2024 | 0.00% |
| Mar 31, 2024 | 0.00% |
| Dec 31, 2023 | 0.00% |
| Sep 30, 2023 | -0.02% |
| Jun 30, 2023 | -0.21% |
| Mar 31, 2023 | 0.05% |
| Dec 31, 2022 | -8.26% |
| Sep 30, 2022 | 0.01% |
| Jun 30, 2022 | 0.01% |
| Mar 31, 2022 | -0.10% |
| Dec 31, 2021 | 0.30% |
| Sep 30, 2021 | 0.00% |
| Jun 30, 2021 | 0.00% |
| Mar 31, 2021 | 0.00% |
| Dec 31, 2020 | 0.18% |
| Sep 30, 2020 | 0.00% |
| Jun 30, 2020 | 0.00% |
| Mar 31, 2020 | 0.00% |
| Dec 31, 2019 | 0.00% |