Growth Metrics

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

Historic Tax Rate for Southern Copper (SCCO) over the last 16 years, with Q3 2024 value amounting to 36.9%.

  • Southern Copper's Tax Rate fell 19600.0% to 36.9% in Q3 2024 from the same period last year, while for Sep 2024 it was 38.31%, marking a year-over-year increase of 23900.0%. This contributed to the annual value of 38.4% for FY2023, which is 8200.0% up from last year.
  • According to the latest figures from Q3 2024, Southern Copper's Tax Rate is 36.9%, which was down 19600.0% from 37.82% recorded in Q2 2024.
  • In the past 5 years, Southern Copper's Tax Rate ranged from a high of 50.74% in Q1 2020 and a low of 30.49% during Q3 2022
  • Its 5-year average for Tax Rate is 39.52%, with a median of 39.28% in 2020.
  • Per our database at Business Quant, Southern Copper's Tax Rate surged by 126800bps in 2020 and then plummeted by -106800bps in 2021.
  • Quarter analysis of 5 years shows Southern Copper's Tax Rate stood at 39.28% in 2020, then rose by 3bps to 40.64% in 2021, then fell by -17bps to 33.56% in 2022, then skyrocketed by 32bps to 44.26% in 2023, then dropped by -17bps to 36.9% in 2024.
  • Its Tax Rate was 36.9% in Q3 2024, compared to 37.82% in Q2 2024 and 36.64% in Q1 2024.