Southern Copper (SCCO) Tax Provisions (2009 - 2026)
Southern Copper (SCCO) posted quarterly Tax Provisions of $945.3 million for Q2 2026, up 64.11% year-over-year from $576.0 million in Q2 2025, and up 6.09% on a QoQ basis from $891.0 million in Q1 2026.
Southern Copper (SCCO) Tax Provisions (2009 - 2026) Analysis & Trends
Southern Copper has reported Tax Provisions for 18 years, with the latest figure at $945.3 million in Q2 2026.
- Tax Provisions for Q2 2026 came in at $945.3 million, up 64.11% year-over-year; the trailing twelve-month figure through Jun 2026 was $3.2 billion (up 51.44% YoY), and the FY2025 annual result was $2.5 billion, up 23.51% from the prior year.
- Tax Provisions improved to $945.3 million in Q2 2026, from $891.0 million in the prior quarter.
- Over five years, Tax Provisions peaked at $945.3 million in Q2 2026 and troughed at $228.5 million in Q3 2022.
- A 5-year average of $523.5 million and a median of $512.6 million in 2024 frame the typical range for Tax Provisions.
- The widest annual swing landed in 2022, when Tax Provisions slumped 58.35%; it then jumped 96.54% in 2024.
- A 5-year view of Tax Provisions shows it stood at $340.5 million in 2022, then rose by 19.77% to $407.8 million in 2023, then rose by 22.31% to $498.8 million in 2024, then jumped by 55.51% to $775.7 million in 2025, then advanced by 21.86% to $945.3 million in 2026.
- Per Business Quant data, the three most recent Tax Provisions figures were $945.3 million in Q2 2026, $891.0 million in Q1 2026, and $775.7 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Southern Copper | 162.50 Bn | 155.17 Bn | 2.90 Bn | 945.30 Mn |
| 2 | Freeport-Mcmoran | 99.75 Bn | 95.67 Bn | 2.19 Bn | 544.00 Mn |
| 3 | Hudbay Minerals | 11.10 Bn | 10.06 Bn | 269.00 Mn | 102.30 Mn |
| 4 | Ero Copper | 3.80 Bn | 3.71 Bn | 105.91 Mn | -17.89 Mn |
| 5 | Trekor Metals | 3.18 Bn | 3.06 Bn | 83.54 Mn | -12.15 Mn |
| 6 | Ivanhoe Electric | 1.80 Bn | 1.54 Bn | 368,000.00 | -51,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 945.30 Mn |
| Mar 31, 2026 | 891.00 Mn |
| Dec 31, 2025 | 775.70 Mn |
| Sep 30, 2025 | 619.70 Mn |
| Jun 30, 2025 | 576.00 Mn |
| Mar 31, 2025 | 532.80 Mn |
| Dec 31, 2024 | 498.80 Mn |
| Sep 30, 2024 | 526.40 Mn |
| Jun 30, 2024 | 578.80 Mn |
| Mar 31, 2024 | 423.40 Mn |
| Dec 31, 2023 | 407.80 Mn |
| Sep 30, 2023 | 395.30 Mn |
| Jun 30, 2023 | 294.50 Mn |
| Mar 31, 2023 | 480.50 Mn |
| Dec 31, 2022 | 340.50 Mn |
| Sep 30, 2022 | 228.50 Mn |
| Jun 30, 2022 | 296.40 Mn |
| Mar 31, 2022 | 612.10 Mn |
| Dec 31, 2021 | 595.40 Mn |
| Sep 30, 2021 | 548.60 Mn |