Southern Copper (SCCO) Return on Invested Capital [ROIC] (2009 - 2026)
Southern Copper (SCCO) recorded Return on Invested Capital [ROIC] of 21.00% in Q3 2024, down 0.28 percentage points from 21.27% a year earlier but up 0.81 percentage points from the prior quarter.
Southern Copper (SCCO) Return on Invested Capital [ROIC] (2009 - 2026) Analysis & Trends
For FY2023, Southern Copper reported Return on Invested Capital [ROIC] of 18.36%, down 0.64 percentage points from FY2022.
- Annual Return on Invested Capital [ROIC] has a five-year change of +4.51 percentage points (FY2018 to FY2023).
- Across earlier years, Return on Invested Capital [ROIC] came in at 19.00% in FY2022 (-6.32 pp), 25.32% in FY2021 (+12.38 pp), 12.93% in FY2020 (+0.19 pp) and 12.74% in FY2019 (-1.10 pp).
- Quarterly Return on Invested Capital [ROIC] has ranged from 11.03% in Q1 2020 to 24.61% in Q1 2022 over the past five years.
- On a year-over-year basis, Return on Invested Capital [ROIC] has declined for four consecutive quarters, with an average year-over-year change of -1.54 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Invested Capital [ROIC] in the last five years was a gain of 11.54 percentage points in Q4 2021, against a drop of 5.22 percentage points in Q1 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 20.18% (Q2 2024), 17.99% (Q1 2024) and 18.58% (Q4 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Nucor | 172.02 Bn | 161.79 Bn | 2.33 Bn | 13.71% |
| 2 | Rio Tinto | 168.15 Bn | 130.95 Bn | - | - |
| 3 | Southern Copper | 138.51 Bn | 113.33 Bn | 3.10 Bn | 30.10% |
| 4 | Rio Tinto | 134.73 Bn | 101.79 Bn | - | - |
| 5 | Newmont | 117.64 Bn | 82.96 Bn | 4.22 Bn | 8.59% |
| 6 | Ternium | 99.96 Bn | 72.72 Bn | 1.04 Bn | 7.61% |
| 7 | Agnico Eagle Mines | 89.22 Bn | 76.17 Bn | 2.15 Bn | 21.64% |
| 8 | Freeport-Mcmoran | 85.03 Bn | 81.69 Bn | 2.55 Bn | 12.32% |
| 9 | Barrick Mining | 63.01 Bn | 47.43 Bn | 2.71 Bn | 22.01% |
| 10 | ArcelorMittal | 47.78 Bn | 31.28 Bn | - | 2.89% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 30.10% |
| Jun 30, 2026 | 28.93% |
| Mar 31, 2026 | 27.49% |
| Dec 31, 2025 | 25.15% |
| Sep 30, 2025 | 22.86% |
| Jun 30, 2025 | 21.83% |
| Mar 31, 2025 | 22.74% |
| Dec 31, 2024 | 22.46% |
| Sep 30, 2024 | 21.00% |
| Jun 30, 2024 | 20.19% |
| Mar 31, 2024 | 17.99% |
| Dec 31, 2023 | 18.58% |
| Sep 30, 2023 | 21.27% |
| Jun 30, 2023 | 20.25% |
| Mar 31, 2023 | 19.40% |
| Dec 31, 2022 | 19.38% |
| Sep 30, 2022 | 19.35% |
| Jun 30, 2022 | 21.56% |
| Mar 31, 2022 | 24.62% |
| Dec 31, 2021 | 24.56% |
Southern Copper Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=SCCO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=SCCO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();