Growth Metrics

Southern Copper (SCCO) Tax Provisions (2016 - 2024)

Southern Copper (SCCO) has disclosed Tax Provisions for 16 consecutive years, with $526.4 million as the latest value for Q3 2024.

  • For Q3 2024, Tax Provisions rose 33.16% year-over-year to $526.4 million; the TTM value through Sep 2024 reached $1.9 billion, up 15.21%, while the annual FY2023 figure was $1.5 billion, 4.84% down from the prior year.
  • Tax Provisions hit $526.4 million in Q3 2024 for Southern Copper, down from $578.8 million in the prior quarter.
  • Across five years, Tax Provisions topped out at $647.7 million in Q2 2021 and bottomed at $221.7 million in Q1 2020.
  • Average Tax Provisions over 5 years is $427.2 million, with a median of $423.4 million recorded in 2024.
  • Year-over-year, Tax Provisions skyrocketed 188.64% in 2021 and then plummeted 58.35% in 2022.
  • Southern Copper's Tax Provisions stood at $389.7 million in 2020, then surged by 52.78% to $595.4 million in 2021, then dropped by 22.89% to $459.1 million in 2022, then fell by 24.05% to $348.7 million in 2023, then surged by 50.96% to $526.4 million in 2024.
  • According to Business Quant data, Tax Provisions over the past three periods came in at $526.4 million, $578.8 million, and $423.4 million for Q3 2024, Q2 2024, and Q1 2024 respectively.