Southern Copper (SCCO) Tax Provisions (2009 - 2024)

Southern Copper's Tax Provisions history runs 16 years deep, the most recent figure standing at $526.4 million for Q3 2024.

• In Q3 2024, Tax Provisions rose 33.16% year-over-year to $526.4 million; the TTM figure through Sep 2024 stood at $1.9 billion (up 15.21% YoY), while the FY2023 annual figure was $1.5 billion, down 4.84% from the prior year.
• Tax Provisions was $526.4 million for Q3 2024 at Southern Copper, down from $578.8 million in the prior quarter.
• In the past five years, Tax Provisions ranged from a high of $647.7 million in Q2 2021 to a low of $221.7 million in Q1 2020.
• Historically, Tax Provisions has averaged $427.2 million across 5 years, with a median of $423.4 million in 2024.
• The sharpest annual moves came in 2021 and 2022: Tax Provisions soared 188.64% in 2021, then tumbled 58.35% in 2022.
• A 5-year view of Tax Provisions shows it stood at $389.7 million in 2020, then jumped by 52.78% to $595.4 million in 2021, then fell by 22.89% to $459.1 million in 2022, then declined by 24.05% to $348.7 million in 2023, then jumped by 50.96% to $526.4 million in 2024.
• The last three Tax Provisions figures came in at $526.4 million (Q3 2024), $578.8 million (Q2 2024), and $423.4 million (Q1 2024), per Business Quant data.