Southern Copper Gross Margin Growth & History (SCCO)

Southern Copper's gross margin was 40.01% for fiscal 2019.

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Southern Copper annual gross margin history

Southern Copper annual gross margin

Fiscal yearPeriod endedGross marginChange (percentage points)
20192019-12-3140.01%−2.45 pp
20182018-12-3142.46%+1.43 pp
20172017-12-3141.03%+9.46 pp
20162016-12-3131.57%−0.29 pp
20152015-12-3131.86%−11.37 pp
20142014-12-3143.23%−1.88 pp
20132013-12-3145.11%−8.48 pp
20122012-12-3153.59%−1.66 pp
20112011-12-3155.25%+2.06 pp
20102010-12-3153.19%

Southern Copper gross margin trends

Over the last five reported fiscal years, Southern Copper's gross margin decreased from 43.23% to 40.01%, a change of −3.23 percentage points.

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.

Review Southern Copper filings at SEC.gov ↗