TTM
60.4%
YoY change
+6.95pp
Trough year (1999)
28.6%
Peak year (2007)
59.1%
Latest annual
56.7%
Gross Margin history chart for Southern Copper (SCCO) from 1996 to 2025
Latest: 56.7%
Gross Margin change chart for Southern Copper (SCCO) from 1996 to 2025
Latest: +6.95pp
Gross Margin history table for Southern Copper (SCCO) from 1996 to 2025
| 2025 | 56.7% | +6.95pp | ||
| 2024 | 49.7% | +6.07pp | ||
| 2023 | 43.6% | -1.74pp | ||
| 2022 | 45.4% | -11.22pp | ||
| 2021 | 56.6% | +15.95pp | ||
| 2020 | 40.7% | +1.07pp | ||
| 2019 | 39.6% | -2.45pp | ||
| 2018 | 42.0% | +1.44pp | ||
| 2017 | 40.6% | +9.77pp | ||
| 2016 | 30.8% | -0.06pp | ||
| 2015 | 30.9% | -11.05pp | ||
| 2014 | 41.9% | -2.31pp | ||
| 2013 | 44.3% | -8.62pp | ||
| 2012 | 52.9% | -1.83pp | ||
| 2011 | 54.7% | +2.41pp | ||
| 2010 | 52.3% | +10.42pp | ||
| 2009 | 41.9% | -5.64pp | ||
| 2008 | 47.5% | -11.57pp | ||
| 2007 | 59.1% | +1.52pp | ||
| 2006 | 57.6% | +4.65pp | ||
| 2005 | 52.9% | +2.71pp | ||
| 2004 | 50.2% | +10.40pp | ||
| 2003 | 39.8% | +7.53pp | ||
| 2002 | 32.3% | +2.39pp | ||
| 2001 | 29.9% | -6.96pp | ||
| 2000 | 36.8% | +8.22pp | ||
| 1999 | 28.6% | -0.14pp | ||
| 1998 | 28.7% | -15.19pp | ||
| 1997 | 43.9% | -3.65pp | ||
| 1996 | 47.6% | — |
- 202556.7%+6.95pp
- 202449.7%+6.07pp
- 202343.6%-1.74pp
- 202245.4%-11.22pp
- 202156.6%+15.95pp
- 202040.7%+1.07pp
- 201939.6%-2.45pp
- 201842.0%+1.44pp
- 201740.6%+9.77pp
- 201630.8%-0.06pp
- 201530.9%-11.05pp
- 201441.9%-2.31pp
- 201344.3%-8.62pp
- 201252.9%-1.83pp
- 201154.7%+2.41pp
- 201052.3%+10.42pp
- 200941.9%-5.64pp
- 200847.5%-11.57pp
- 200759.1%+1.52pp
- 200657.6%+4.65pp
- 200552.9%+2.71pp
- 200450.2%+10.40pp
- 200339.8%+7.53pp
- 200232.3%+2.39pp
- 200129.9%-6.96pp
- 200036.8%+8.22pp
- 199928.6%-0.14pp
- 199828.7%-15.19pp
- 199743.9%-3.65pp
- 199647.6%—
Gross Margin values are taken from Southern Copper's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Gross Margin at Southern Copper (SCCO)
According to Southern Copper's latest reported financial statements, the company's latest reported gross margin is 60.4%. Gross margin is gross profit divided by revenue, expressed as a percentage. It shows how much of each sales dollar survives the direct cost of goods sold — before operating expenses, interest, and taxes. A higher gross margin generally signals pricing power and production efficiency. Margins are most meaningful compared against sector peers and a company's own history.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Southern Copper (SCCO) most recent annual gross margin stands at 56.67% (2025) – expanded 6.9 percentage points year-over-year.
Across the available history, gross margin reached its high of 59.08% in 2007 and its low of 28.61% in 1999.
Southern Copper Gross Margin by Year
Southern Copper Gross Margin 2025: 56.7%
In 2025, Southern Copper reported gross margin of 56.67%, expanded 6.9 percentage points from 2024.
Southern Copper Gross Margin 2024: 49.7%
Southern Copper gross margin in 2024 was 49.72%, expanded 6.1 percentage points from 2023.
Southern Copper Gross Margin 2023: 43.6%
2023's gross margin for Southern Copper came in at 43.65%, contracted 1.7 percentage points from 2022.
Southern Copper Gross Margin 2022: 45.4%
Southern Copper posted gross margin of 45.39% in 2022, contracted 11.2 percentage points from 2021.
Southern Copper Gross Margin 2021: 56.6%
Southern Copper gross margin in 2021 was 56.61%.
See more financial history for Southern Copper (SCCO).
Sector peers by Gross Margin
Basic Materials peers of Southern Copper (SCCO), ranked by their latest gross margin
| 61.8% | |
| 55.1% | |
| 49.1% | |
| 46.0% | |
| 44.3% | |
| 35.6% | |
| 32.0% | |
| 27.8% |
- 55.1%
- 46.0%
- 44.3%
- 35.6%
Frequently asked questions
Southern Copper (SCCO) Key Financials
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