Peruvian Operations was Southern Copper’s largest segment in fiscal 2015, bringing in $2.02B of $2.54B (80%).
| Segment | FY 2013 | FY 2014 | FY 2015 |
|---|---|---|---|
| Peruvian Operations | $2.29B | $2.14B | $2.02B |
| Mexican Open-Pit | $2.37B | $2.38B | $129.50M |
| Mexican Immsa Unit | $200.90M | $209.80M | $388.30M |
| Total | $4.86B | $4.73B | $2.54B |
Southern Copper brought in $2.54B from its three segments in fiscal 2015, the year ended December 31, 2015. That was down 46.3% from $4.73B in fiscal 2014. Peruvian Operations was the largest at $2.02B (79.6%), ahead of Mexican Immsa Unit at $388.30M (15.3%) and Mexican Open-Pit at $129.50M (5.1%).
Compared with fiscal 2014, Mexican Immsa Unit grew fastest, up 85.1% to $388.30M, while Mexican Open-Pit fell the most, down 94.6% to $129.50M. From fiscal 2013 to 2015, combined revenue from these segments fell from $4.86B to $2.54B, a compound annual decline of 27.7%. Peruvian Operations' share of the total rose from 47.1% to 79.6%.
Mexico was Southern Copper’s largest region in fiscal 2017, bringing in $1.55B of $6.65B (23%).
| Geography | FY 2009 | FY 2010 | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Mexico | $1.71B | $1.64B | $1.41B | $1.55B | |||||
| Revenue Mineral Sales | — | — | — | — | |||||
| Revenuemineralsales | — | — | — | — | |||||
| Net Sales (Including Related Party Sales Of $68.8 Million In 2011 & $43.5 Million In 2010) | — | — | — | — | |||||
| United States | $1.06B | $864.00M | $1.05B | $1.16B | |||||
| Europe | $937.50M | — | — | — | |||||
| Asia | — | — | — | — | |||||
| Singapore | $299.00M | $312.80M | $652.70M | $1.05B | |||||
| Japan | $447.80M | $335.00M | $409.80M | $479.50M | |||||
| Switzerland | — | $294.90M | $398.10M | $602.40M | |||||
| Brazil | $372.40M | $276.40M | $196.00M | $240.10M | |||||
| Italy | — | $324.10M | $343.80M | $332.40M | |||||
| Chile | $401.50M | $102.00M | $92.40M | $103.40M | |||||
| Other European Countries | — | $125.40M | $273.10M | $480.00M | |||||
| Peru | $282.20M | $324.30M | $294.40M | $374.30M | |||||
| Other Asian Countries | $187.10M | $356.80M | $185.50M | $185.60M | |||||
| Other American Countries | — | $89.20M | $74.30M | $91.50M | |||||
| Other American | $92.00M | — | — | — | |||||
| Other Countries | — | — | — | — | |||||
| Total | $5.79B | $5.05B | $5.38B | $6.65B |
Southern Copper brought in $6.65B from its 12 regions in fiscal 2017, the year ended December 31, 2017. That was up 23.7% from $5.38B in fiscal 2016. Mexico was the largest at $1.55B (23.3%), ahead of United States at $1.16B (17.5%) and Singapore at $1.05B (15.8%). The other nine regions brought in $2.89B combined.
Compared with fiscal 2016, Other European Countries grew fastest, up 75.8% to $480.00M, while Italy fell the most, down 3.3% to $332.40M.
Southern Copper began breaking out Switzerland in fiscal 2015, Italy in fiscal 2015 and Other European Countries in fiscal 2015. Southern Copper stopped reporting Europe ($937.50M in fiscal 2014) and Other American ($92.00M in fiscal 2014) as separate regions.
Southern Copper (SCCO) reports its revenue by segment and by geography. In fiscal 2015, Peruvian Operations was its largest segment, bringing in $2.02B (79.6% of the total), followed by Mexican Immsa Unit at $388.30M (15.3%).
Peruvian Operations was Southern Copper's largest segment in fiscal 2015, bringing in $2.02B, or 79.6% of the $2.54B total across its three segments.
Mexico was Southern Copper's largest region in fiscal 2017, bringing in $1.55B, or 23.3% of the $6.65B total across its 12 regions.
Among Southern Copper's segments that make up at least 2% of revenue, Mexican Immsa Unit grew fastest in fiscal 2015, up 85.1% from $209.80M to $388.30M.
Every figure comes from Southern Copper's annual financial filings, as reported. Each line keeps the name Southern Copper gives it, and years follow its fiscal calendar.
Southern Copper's revenue by segment goes back to fiscal 2013, with figures through fiscal 2015. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.