How does Southern Copper (SCCO) make money?

Southern Copper (SCCO) generates revenue primarily from Copper, which accounted for 72.7% of total revenue in TTM through Q1 2026. The company reported $14.55B in revenue and converted 34.2% of it into net profit, equivalent to roughly $4.97B in net income — what's left after the cost of revenue, operating expenses, interest, and income taxes.

What is the gross profit margin of Southern Copper (SCCO)?

Southern Copper (SCCO) reported a gross profit margin of 60.4% in TTM through Q1 2026, equivalent to $8.79B in gross profit on $14.55B in revenue. Gross margin measures how much of each dollar of revenue remains after the direct cost of producing or delivering the product — a higher figure typically signals pricing power, scale, or a less capital-intensive business model.

What is the operating profit margin of Southern Copper (SCCO)?

Southern Copper (SCCO) reported an operating profit margin of 54.6% in TTM through Q1 2026, equivalent to $7.95B in operating income. Operating margin captures profitability after research & development, sales & marketing, and general & administrative expenses — but before interest, taxes, and one-off items — and is the cleanest single read on the underlying business's efficiency.

What is the net profit margin of Southern Copper (SCCO)?

Southern Copper (SCCO) reported a net profit margin of 34.2% in TTM through Q1 2026, equivalent to $4.97B in net income. Net margin is the bottom-line share of revenue that survives every expense — operating costs, interest, and income taxes — and is the figure that flows directly into earnings per share.

Is Southern Copper (SCCO) profitable?

Yes. Southern Copper (SCCO) reported $4.97B in net income for TTM through Q1 2026, with a net profit margin of 34.2%. The company earned more from its operations than it paid out in costs, interest, and income taxes, leaving positive earnings on the bottom line.

How much does Southern Copper (SCCO) spend on capital expenditures?

Southern Copper (SCCO) spent $1.45B on capital expenditures (CapEx) during TTM through Q1 2026, roughly 10.0% of total revenue. CapEx represents long-lived investment in property, equipment, data centres, and other physical infrastructure, and is subtracted from operating cash flow to arrive at free cash flow.

How much free cash flow does Southern Copper (SCCO) generate?

Southern Copper (SCCO) generated $4.28B in free cash flow during TTM through Q1 2026, a free-cash-flow margin of 29.4%. Free cash flow is the cash left after capital expenditures and represents the discretionary pool the company can use to pay dividends, repurchase shares, repay debt, or fund acquisitions without raising external capital.

What is the effective tax rate of Southern Copper (SCCO)?

Southern Copper (SCCO) had an effective tax rate of 36.1% in TTM through Q1 2026. The effective rate is the actual share of pre-tax income paid as income taxes and can differ materially from the statutory rate due to foreign earnings mix, tax credits (such as R&D), share-based compensation deductions, and one-off discrete items.

What are the main business segments of Southern Copper (SCCO)?

Southern Copper (SCCO) reports revenue across 5 reportable product segments, led by Copper at 72.7% of total revenue in TTM through Q1 2026. See the revenue-by-segment table on this page for the full breakdown and how each segment feeds into the income-statement waterfall above.

Where does Southern Copper (SCCO) generate most of its revenue?

Europe is the largest geographic market for Southern Copper (SCCO), accounting for 27.5% of revenue in the most recent annual filing. The complete regional split — including international markets and any Rest-of-World rollup — is shown in the revenue-by-geography table on this page.

How Southern Copper Makes Money: 2026 Visual Revenue Map

Southern Copper (SCCO) Income Statement Flow — TTM through Q1 2026

Calculated from the four most recent reported quarters, ending March 31, 2026 (reported April 30, 2026).

Southern Copper (SCCO) Revenue by Product Segment — TTM through Q1 2026

Aggregated from the four quarterly disclosures behind this TTM. Minor differences vs the company's annual filing can occur if reported segments changed mid-year.

Revenue contribution by product segment for Southern Copper (SCCO) in TTM through Q1 2026.
Segment	Revenue (USD)	% of total
Copper	$10.58B	72.7%
Molybdenum	$1.55B	10.7%
Silver	$1.33B	9.1%
Zinc	$563.50M	3.9%
Other	$522.60M	3.6%
Total	$14.55B	100%

Copper$10.58B
Molybdenum$1.55B
Silver$1.33B
Zinc$563.50M
Other$522.60M
Total$14.55B

Southern Copper (SCCO) Revenue by Geography — TTM through Q1 2026

Aggregated from the four quarterly disclosures behind this TTM. Minor differences vs the company's annual filing can occur if reported regions changed mid-year.

Revenue contribution by geographic region for Southern Copper (SCCO), TTM through Q1 2026
Region	Revenue (USD)	% of total
Europe	$4.00B	27.5%
MEXICO	$3.52B	24.2%
UNITED STATES	$2.13B	14.7%
Asia	$1.38B	9.5%
China	$1.32B	9.1%
PERU	$932.00M	6.4%
BRAZIL	$642.70M	4.4%
CHILE	$620.10M	4.3%
Total	$14.55B	100%

Europe
MEXICO
UNITED STATES
Asia
China
PERU
BRAZIL
CHILE
Total

Revenue Breakdown — TTM through Q1 2026

In TTM through Q1 2026, Southern Copper (SCCO) reports revenue across 5 operating segments; the largest segment was Copper at 72.7%, followed by Molybdenum (10.7%) and Silver (9.1%). Separately, by end-market geography, Europe accounted for 27.5% of revenue, followed by MEXICO (24.2%) and UNITED STATES (14.7%).

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