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Consolidated Net IncomeCost of RevenueEBITEBITDAEBTEPS (Basic)EPS (Weighted Average and Diluted)Equity IncomeGross ProfitIncome from Continuing OperationsIncome from Non-Controlling InterestsIncome towards Parent CompanyInterest & Investment IncomeInterest ExpensesInterest ExpensesNet Income towards Common StockholdersNon Operating IncomeOperating ExpensesOperating IncomeOther Non Operating IncomeOther Operating ExpensesProfit After TaxResearch & DevelopmentRevenueSelling, General & AdministrativeShares OutstandingShares Outstanding (Diluted Average)Shares Outstanding (Weighted Average)
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Ratios

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

Southern Copper (SCCO) has disclosed Tax Rate for 16 consecutive years, with 36.9% as the latest value for Q3 2024.

  • For Q3 2024, Tax Rate fell 196.0% year-over-year to 36.9%; the TTM value through Sep 2024 reached 38.49%, down 52532.0%, while the annual FY2023 figure was 38.62%, 31918138.0% down from the prior year.
  • Tax Rate hit 36.9% in Q3 2024 for Southern Copper, down from 37.82% in the prior quarter.
  • Across five years, Tax Rate topped out at 50.74% in Q1 2020 and bottomed at 21.84% in Q4 2020.
  • Average Tax Rate over 5 years is 30.9%, with a median of 38.67% recorded in 2021.
  • Year-over-year, Tax Rate plummeted -7948bps in 2020 and then surged 6156bps in 2023.
  • Southern Copper's Tax Rate stood at 21.84% in 2020, then soared by 37bps to 13.86% in 2021, then fell by -15bps to 15.95% in 2022, then surged by 386bps to 45.61% in 2023, then decreased by -19bps to 36.9% in 2024.
  • According to Business Quant data, Tax Rate over the past three periods came in at 36.9%, 37.82%, and 36.64% for Q3 2024, Q2 2024, and Q1 2024 respectively.