Southern Copper annual gross margin
2009
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2019
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2021
2022
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2024
2025
Southern Copper Gross Margin Growth & History (SCCO)
Southern Copper's gross margin was 60.07% for fiscal 2025.
View full Southern Copper company overviewSouthern Copper annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 60.07% | +2.41 pp |
| 2024 | 2024-12-31 | 57.66% | +5.03 pp |
| 2023 | 2023-12-31 | 52.63% | −1.10 pp |
| 2022 | 2022-12-31 | 53.73% | −10.65 pp |
| 2021 | 2021-12-31 | 64.38% | +13.60 pp |
| 2020 | 2020-12-31 | 50.78% | +10.78 pp |
| 2019 | 2019-12-31 | 40.01% | −2.45 pp |
| 2018 | 2018-12-31 | 42.46% | +1.43 pp |
| 2017 | 2017-12-31 | 41.03% | +9.46 pp |
| 2016 | 2016-12-31 | 31.57% | −0.29 pp |
| 2015 | 2015-12-31 | 31.86% | −11.37 pp |
| 2014 | 2014-12-31 | 43.23% | −1.88 pp |
| 2013 | 2013-12-31 | 45.11% | −8.48 pp |
| 2012 | 2012-12-31 | 53.59% | −1.66 pp |
| 2011 | 2011-12-31 | 55.25% | +2.06 pp |
| 2010 | 2010-12-31 | 53.19% | +3.15 pp |
| 2009 | 2009-12-31 | 50.04% | — |
Southern Copper quarterly gross margin
Q1.11
Q2.11
Q3.11
Q4.11
Q1.12
Q2.12
Q3.12
Q4.12
Q1.13
Q2.13
Q3.13
Q4.13
Q1.14
Q2.14
Q3.14
Q4.14
Q1.15
Q2.15
Q1.17
Q2.17
Q3.17
Q4.17
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 67.60% | +7.32 pp |
| Q1 2026 | 2026-03-31 | 64.75% | +7.00 pp |
| Q4 2025 | 2025-12-31 | 61.97% | +5.50 pp |
| Q3 2025 | 2025-09-30 | 59.83% | +1.56 pp |
| Q2 2025 | 2025-06-30 | 60.29% | +0.34 pp |
| Q1 2025 | 2025-03-31 | 57.74% | +2.27 pp |
| Q4 2024 | 2024-12-31 | 56.48% | +7.45 pp |
| Q3 2024 | 2024-09-30 | 58.27% | +5.19 pp |
| Q2 2024 | 2024-06-30 | 59.95% | +9.83 pp |
| Q1 2024 | 2024-03-31 | 55.47% | −1.78 pp |
| Q4 2023 | 2023-12-31 | 49.03% | −8.18 pp |
| Q3 2023 | 2023-09-30 | 53.08% | +5.83 pp |
| Q2 2023 | 2023-06-30 | 50.12% | +4.16 pp |
| Q1 2023 | 2023-03-31 | 57.26% | −4.47 pp |
| Q4 2022 | 2022-12-31 | 57.21% | −6.04 pp |
| Q3 2022 | 2022-09-30 | 47.24% | −18.16 pp |
| Q2 2022 | 2022-06-30 | 45.96% | −20.02 pp |
| Q1 2022 | 2022-03-31 | 61.73% | −1.00 pp |
| Q4 2021 | 2021-12-31 | 63.25% | +7.85 pp |
| Q3 2021 | 2021-09-30 | 65.40% | +9.97 pp |
| Q2 2021 | 2021-06-30 | 65.98% | +20.69 pp |
| Q1 2021 | 2021-03-31 | 62.73% | +18.31 pp |
| Q4 2020 | 2020-12-31 | 55.40% | +18.60 pp |
| Q3 2020 | 2020-09-30 | 55.43% | +14.95 pp |
| Q2 2020 | 2020-06-30 | 45.30% | +3.94 pp |
| Q1 2020 | 2020-03-31 | 44.42% | +2.92 pp |
| Q4 2019 | 2019-12-31 | 36.80% | −2.08 pp |
| Q3 2019 | 2019-09-30 | 40.48% | −1.10 pp |
| Q2 2019 | 2019-06-30 | 41.36% | −3.43 pp |
| Q1 2019 | 2019-03-31 | 41.50% | −2.09 pp |
| Q4 2018 | 2018-12-31 | 38.87% | −7.49 pp |
| Q3 2018 | 2018-09-30 | 41.58% | −1.70 pp |
| Q2 2018 | 2018-06-30 | 44.79% | +8.59 pp |
| Q1 2018 | 2018-03-31 | 43.59% | +6.55 pp |
| Q4 2017 | 2017-12-31 | 46.37% | — |
| Q3 2017 | 2017-09-30 | 43.29% | — |
| Q2 2017 | 2017-06-30 | 36.20% | — |
| Q1 2017 | 2017-03-31 | 37.04% | — |
| Q2 2015 | 2015-06-30 | 39.82% | −3.52 pp |
| Q1 2015 | 2015-03-31 | 37.50% | −6.95 pp |
| Q4 2014 | 2014-12-31 | 41.73% | −1.17 pp |
| Q3 2014 | 2014-09-30 | 43.51% | −1.06 pp |
| Q2 2014 | 2014-06-30 | 43.34% | +0.48 pp |
| Q1 2014 | 2014-03-31 | 44.45% | −5.19 pp |
| Q4 2013 | 2013-12-31 | 42.89% | −8.79 pp |
| Q3 2013 | 2013-09-30 | 44.56% | −6.98 pp |
| Q2 2013 | 2013-06-30 | 42.86% | −12.18 pp |
| Q1 2013 | 2013-03-31 | 49.64% | −6.12 pp |
| Q4 2012 | 2012-12-31 | 51.69% | −4.88 pp |
| Q3 2012 | 2012-09-30 | 51.55% | −5.51 pp |
| Q2 2012 | 2012-06-30 | 55.04% | −2.28 pp |
| Q1 2012 | 2012-03-31 | 55.77% | +6.17 pp |
| Q4 2011 | 2011-12-31 | 56.56% | — |
| Q3 2011 | 2011-09-30 | 57.05% | — |
| Q2 2011 | 2011-06-30 | 57.32% | — |
| Q1 2011 | 2011-03-31 | 49.59% | — |
Southern Copper gross margin trends
Over the last five fiscal years, Southern Copper's gross margin increased from 50.78% to 60.07%, a change of +9.28 percentage points. The latest reported quarter, Q2 2026, shows 67.60%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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