Southern Copper (SCCO) Revenue & Revenue Breakdown
Southern Copper Revenue Highlights
Latest Revenue (Y)
$9.90B
Latest Revenue (Q)
$3.12B
Main Segment (Y)
Copper
Main Geography (Y)
Mexico
Southern Copper Revenue by Period
Southern Copper Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $9.90B | -1.51% |
| 2022-12-31 | $10.05B | -8.10% |
| 2021-12-31 | $10.93B | 36.93% |
| 2020-12-31 | $7.98B | 9.60% |
| 2019-12-31 | $7.29B | 2.66% |
| 2018-12-31 | $7.10B | 6.65% |
| 2017-12-31 | $6.65B | 23.69% |
| 2016-12-31 | $5.38B | 6.62% |
| 2015-12-31 | $5.05B | -12.82% |
| 2014-12-31 | $5.79B | -2.78% |
| 2013-12-31 | $5.95B | -10.74% |
| 2012-12-31 | $6.67B | -2.19% |
| 2011-12-31 | $6.82B | 32.41% |
| 2010-12-31 | $5.15B | 37.90% |
| 2009-12-31 | $3.73B | -23.02% |
| 2008-12-31 | $4.85B | -20.29% |
| 2007-12-31 | $6.09B | 11.45% |
| 2006-12-31 | $5.46B | 32.77% |
| 2005-12-31 | $4.11B | 139.68% |
| 2004-12-31 | $1.72B | 114.92% |
| 2003-12-31 | $798.41M | 20.12% |
| 2002-12-31 | $664.65M | 1.08% |
| 2001-12-31 | $657.52M | -7.53% |
| 2000-12-31 | $711.06M | 21.65% |
| 1999-12-31 | $584.50M | -6.91% |
| 1998-12-31 | $627.90M | -22.88% |
| 1997-12-31 | $814.20M | 8.13% |
| 1996-12-31 | $753.00M | -18.93% |
| 1995-12-31 | $928.80M | - |
Southern Copper generated $9.90B in revenue during NA 2023, up -1.51% compared to the previous quarter, and up 139.44% compared to the same period a year ago.
Southern Copper Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $3.12B | 19.94% |
| 2024-03-31 | $2.60B | 13.25% |
| 2023-12-31 | $2.30B | -8.38% |
| 2023-09-30 | $2.51B | 8.91% |
| 2023-06-30 | $2.30B | -17.65% |
| 2023-03-31 | $2.79B | -0.94% |
| 2022-12-31 | $2.82B | 30.76% |
| 2022-09-30 | $2.16B | -6.50% |
| 2022-06-30 | $2.31B | -16.53% |
| 2022-03-31 | $2.76B | -2.12% |
| 2021-12-31 | $2.82B | 5.33% |
| 2021-09-30 | $2.68B | -7.46% |
| 2021-06-30 | $2.90B | 14.39% |
| 2021-03-31 | $2.53B | 7.73% |
| 2020-12-31 | $2.35B | 10.41% |
| 2020-09-30 | $2.13B | 19.25% |
| 2020-06-30 | $1.79B | 3.82% |
| 2020-03-31 | $1.72B | -7.27% |
| 2019-12-31 | $1.85B | -0.26% |
| 2019-09-30 | $1.86B | 2.28% |
| 2019-06-30 | $1.82B | 3.68% |
| 2019-03-31 | $1.75B | 3.47% |
| 2018-12-31 | $1.69B | -1.69% |
| 2018-09-30 | $1.72B | -6.18% |
| 2018-06-30 | $1.84B | -0.21% |
| 2018-03-31 | $1.84B | -1.24% |
| 2017-12-31 | $1.86B | 11.20% |
| 2017-09-30 | $1.68B | 9.59% |
| 2017-06-30 | $1.53B | -3.42% |
| 2017-03-31 | $1.58B | 13.22% |
| 2016-12-31 | $1.40B | -0.13% |
| 2016-09-30 | $1.40B | 4.91% |
| 2016-06-30 | $1.34B | 7.23% |
| 2016-03-31 | $1.25B | -0.75% |
| 2015-12-31 | $1.25B | 10.67% |
| 2015-09-30 | $1.13B | -18.03% |
| 2015-06-30 | $1.38B | 8.48% |
| 2015-03-31 | $1.27B | -13.35% |
| 2014-12-31 | $1.47B | -0.23% |
| 2014-09-30 | $1.47B | -0.86% |
| 2014-06-30 | $1.49B | 9.82% |
| 2014-03-31 | $1.35B | -11.78% |
| 2013-12-31 | $1.54B | 10.89% |
| 2013-09-30 | $1.38B | -1.82% |
| 2013-06-30 | $1.41B | -13.11% |
| 2013-03-31 | $1.62B | -1.70% |
| 2012-12-31 | $1.65B | 6.36% |
| 2012-09-30 | $1.55B | -6.48% |
| 2012-06-30 | $1.66B | -8.09% |
| 2012-03-31 | $1.81B | 8.19% |
| 2011-12-31 | $1.67B | -4.39% |
| 2011-09-30 | $1.75B | -3.09% |
| 2011-06-30 | $1.80B | 12.45% |
| 2011-03-31 | $1.60B | 6.87% |
| 2010-12-31 | $1.50B | 19.17% |
| 2010-09-30 | $1.26B | 7.21% |
| 2010-06-30 | $1.17B | -3.79% |
| 2010-03-31 | $1.22B | 7.34% |
| 2009-12-31 | $1.14B | -1.37% |
| 2009-09-30 | $1.15B | 39.69% |
| 2009-06-30 | $824.51M | 32.56% |
| 2009-03-31 | $622.00M | 38.30% |
| 2008-12-31 | $449.74M | -68.77% |
| 2008-09-30 | $1.44B | -1.49% |
| 2008-06-30 | $1.46B | -2.50% |
| 2008-03-31 | $1.50B | - |
Southern Copper generated $3.12B in revenue during Q2 2024, up 19.94% compared to the previous quarter, and up 111.61% compared to the same period a year ago.
Southern Copper Revenue Breakdown
Southern Copper Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Molybdenum | $1.13B | $1.19B | $1.05B | $510.30M | $549.40M |
| Zinc | $301.40M | $402.60M | $474.40M | $447.80M | $324.30M |
| Silver | $417.60M | $374.20M | $289.50M | $249.40M | $277.80M |
| Other | $456.00M | $539.70M | $288.80M | - | - |
| Copper | $7.59B | $7.54B | $8.83B | $6.51B | $5.85B |
| Other Metals | - | - | - | $264.30M | $288.80M |
Southern Copper's latest annual revenue breakdown by segment (product or service), as of Dec 23: Copper (76.71%), Molybdenum (11.42%), Other (4.61%), Silver (4.22%), and Zinc (3.05%).
Quarterly Revenue by Product
| Product/Service | Jun 24 | Mar 24 | Dec 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Mexican Open Pit | $663.00M | $594.60M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Mexican IMMSA Unit | $121.00M | $129.70M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Peruvian Operations | $526.10M | $474.60M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other | - | $100.80M | $216.70M | $102.10M | $137.20M | $145.70M | $130.20M | $129.60M | $73.10M | $65.10M | $70.80M | $64.20M | $61.10M | $74.80M | $79.80M | $70.20M | - | - | - | - |
| Copper | - | $2.04B | $3.66B | $1.78B | $2.15B | $1.98B | $1.61B | $1.80B | $2.15B | $2.25B | $2.11B | $2.35B | $2.12B | $1.93B | $1.75B | $1.47B | $1.37B | $1.50B | $1.48B | $1.45B |
| Molybdenum | - | $273.60M | $573.70M | $254.40M | $301.60M | $506.10M | $212.60M | $198.20M | $275.80M | $306.80M | $294.50M | $282.20M | $169.60M | $157.50M | $119.80M | $107.00M | $126.10M | $120.00M | $156.50M | $154.50M |
| Zinc | - | $70.10M | $146.30M | $63.00M | $92.10M | $122.00M | $101.00M | $81.30M | $98.30M | $258.80M | $98.70M | $81.30M | $35.70M | $272.40M | $62.20M | $48.40M | $64.90M | $114.60M | $57.20M | $75.60M |
| Silver | - | $111.60M | $203.80M | $98.70M | $115.10M | $82.00M | $87.60M | $99.40M | $105.20M | $-73.90M | $104.20M | $120.20M | $139.00M | $-71.00M | $133.00M | $99.20M | $88.10M | $43.70M | $88.60M | $68.80M |
Southern Copper's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Mexican Open Pit (50.61%), Peruvian Operations (40.16%), and Mexican IMMSA Unit (9.24%).
Southern Copper Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Switzerland | $1.09B | - | - | - | - |
| Italy | $414.40M | - | - | - | - |
| Japan | $668.30M | - | - | - | - |
| Mexico | $2.67B | - | - | - | - |
| Other American countries | $60.50M | - | - | - | - |
| Other Asian countries | $197.00M | - | - | - | - |
| Other European Countries | $407.70M | - | - | - | - |
| Peru | $394.90M | - | - | - | - |
| Singapore | $364.30M | - | - | - | - |
| Spain | $472.90M | - | - | - | - |
| United States | $1.62B | - | - | - | - |
| Brazil | $390.30M | - | - | - | - |
| Chile | $399.50M | - | - | - | - |
| China | $749.20M | - | - | - | - |
| Mexican IMMSA Unit | - | $666.50M | $600.20M | - | - |
| Mexican Open-Pit | - | $5.77B | $6.11B | - | - |
| Mexican I M M S A Unit | - | - | - | $529.90M | $464.80M |
| Mexican Open Pit | - | - | - | $4.41B | $3.96B |
Southern Copper's latest annual revenue breakdown by geography, as of Dec 23: Mexico (26.99%), United States (16.37%), Switzerland (10.97%), China (7.57%), Japan (6.75%), Spain (4.78%), Italy (4.19%), Other European Countries (4.12%), Chile (4.04%), Peru (3.99%), Brazil (3.94%), Singapore (3.68%), Other Asian countries (1.99%), and Other American countries (0.61%).
Quarterly Revenue by Country
| Country | Jun 24 | Mar 24 | Dec 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BRAZIL | $141.00M | $124.90M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| PERU | $167.90M | $166.10M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| UNITED STATES | $409.90M | $323.90M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| MEXICO | $743.80M | $672.30M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Asia | $314.40M | $324.40M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Europe | $812.10M | $607.20M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| China | $397.30M | $286.40M | $397.00M | $169.20M | $183.00M | $245.60M | $120.00M | $94.50M | $112.40M | - | - | - | - | - | - | - | - | - | - | - |
| CHILE | $131.90M | $94.40M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other American countries | - | $11.30M | $24.80M | $20.00M | $15.70M | $19.70M | $21.20M | $11.90M | - | - | - | - | - | - | - | - | - | - | - | - |
| Brazil | - | $124.90M | $198.90M | $83.30M | $108.10M | $107.00M | $120.60M | $100.30M | $124.30M | $107.90M | - | - | - | - | - | - | - | - | - | - |
| Chile | - | $94.40M | $238.30M | $60.50M | $100.70M | $157.40M | $101.60M | $82.10M | $103.50M | $116.60M | - | - | - | - | - | - | - | - | - | - |
| Italy | - | $81.30M | $194.30M | $96.80M | $123.30M | $49.70M | $80.50M | $59.30M | $72.00M | $56.90M | - | - | - | - | - | - | - | - | - | - |
| Japan | - | $245.00M | $337.00M | $131.80M | $199.50M | $184.80M | $93.80M | $154.10M | $183.40M | $127.40M | - | - | - | - | - | - | - | - | - | - |
| Singapore | - | $57.30M | $146.20M | $116.60M | $101.50M | $127.40M | $62.10M | $37.10M | $61.80M | $192.50M | - | - | - | - | - | - | - | - | - | - |
| Peru | - | $166.10M | $121.50M | $108.90M | $164.50M | $163.40M | $118.30M | $155.50M | $177.80M | $147.70M | - | - | - | - | - | - | - | - | - | - |
| Other European Countries | - | $166.80M | $226.10M | $61.40M | $120.20M | $104.80M | $101.50M | $31.10M | $125.30M | $178.90M | $172.10M | $200.30M | $180.90M | $179.10M | $136.60M | $126.60M | $79.30M | $126.10M | $67.20M | $98.50M |
| Other Asian countries | - | $22.10M | $139.10M | $27.10M | $30.80M | $51.50M | $35.90M | $64.00M | $83.00M | $158.90M | - | - | - | - | - | - | - | - | - | - |
| Mexico | - | $672.30M | $1.29B | $615.00M | $761.40M | $656.00M | $487.60M | $520.60M | $624.60M | $519.90M | - | - | - | - | - | - | - | - | - | - |
| United States | - | $312.60M | $764.70M | $343.20M | $512.40M | $353.10M | $431.70M | $563.60M | $562.10M | $630.90M | - | - | - | - | - | - | - | - | - | - |
| Switzerland | - | $229.00M | $477.60M | $358.90M | $248.90M | $476.00M | $296.40M | $278.40M | $426.80M | $439.20M | - | - | - | - | - | - | - | - | - | - |
| Spain | - | $130.10M | $241.00M | $108.00M | $123.90M | $130.90M | $87.20M | $145.10M | $94.90M | $138.40M | - | - | - | - | - | - | - | - | - | - |
| U | - | - | - | - | - | - | - | - | - | - | $407.40M | $469.70M | $425.50M | $387.10M | $354.80M | $322.20M | $299.30M | $285.10M | $342.20M | $281.10M |
| C | - | - | - | - | - | - | - | - | - | - | $423.90M | $440.10M | $393.80M | $342.90M | $446.60M | $399.90M | $253.90M | $300.70M | $263.90M | $261.10M |
| E | - | - | - | - | - | - | - | - | - | - | $127.00M | $125.70M | $110.90M | $72.10M | $62.50M | $18.20M | $46.60M | $47.10M | $46.70M | $46.80M |
| I | - | - | - | - | - | - | - | - | - | - | $66.80M | $110.00M | $74.10M | $86.20M | $62.20M | $53.10M | $70.20M | $78.40M | $62.30M | $74.30M |
| J | - | - | - | - | - | - | - | - | - | - | $166.90M | $150.60M | $184.00M | $186.70M | $144.30M | $140.40M | $108.10M | $112.90M | $127.90M | $132.70M |
| M | - | - | - | - | - | - | - | - | - | - | $560.50M | $565.70M | $493.90M | $460.20M | $374.30M | $256.20M | $436.00M | $332.00M | $401.50M | $380.20M |
| Other American Countries | - | - | - | - | - | - | - | - | - | - | $12.70M | $8.70M | $12.80M | $18.60M | $1.50M | $9.40M | $11.20M | $12.90M | - | - |
| Other Asian Countries | - | - | - | - | - | - | - | - | - | - | $92.00M | $183.40M | $149.90M | $121.90M | $115.60M | $114.60M | $32.00M | $81.70M | $64.10M | $56.30M |
| P | - | - | - | - | - | - | - | - | - | - | $147.90M | $143.30M | $147.40M | $116.40M | $99.90M | $42.70M | $76.10M | $84.40M | $75.20M | $93.00M |
| S | - | - | - | - | - | - | - | - | - | - | $285.90M | $277.10M | $202.30M | $241.10M | $192.70M | $229.20M | $200.70M | $299.10M | $283.10M | $272.10M |
Southern Copper's latest quarterly revenue breakdown by geography, as of Jun 24: Europe (26.04%), MEXICO (23.85%), UNITED STATES (13.14%), China (12.74%), Asia (10.08%), PERU (5.38%), BRAZIL (4.52%), and CHILE (4.23%).
SCCO Revenue FAQ
What is Southern Copper’s yearly revenue?
Southern Copper's yearly revenue for 2023 was $9.9B, representing a decrease of -1.51% compared to 2022. The company's yearly revenue for 2022 was $10.05B, representing a decrease of -8.10% compared to 2021. SCCO's yearly revenue for 2021 was $10.93B, representing an increase of 36.93% compared to 2020.
What is Southern Copper’s quarterly revenue?
Southern Copper's quarterly revenue for Q2 2024 was $3.12B, a 19.94% increase from the previous quarter (Q1 2024), and a 35.54% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $2.6B, a 13.25% increase from the previous quarter (Q4 2023), and a -6.95% decrease year-over-year (Q1 2023). SCCO's quarterly revenue for Q4 2023 was $2.3B, a -8.38% decrease from the previous quarter (Q3 2023), and a -18.60% decrease year-over-year (Q4 2022).
What is Southern Copper’s revenue growth rate?
Southern Copper's revenue growth rate for the last 3 years (2021-2023) was -9.50%, and for the last 5 years (2019-2023) was 35.83%.
What are Southern Copper’s revenue streams?
Southern Copper's revenue streams in c 23 are Molybdenum, Zinc, Silver, Other, and Copper. Molybdenum generated $1.13B in revenue, accounting 11.42% of the company's total revenue, down -5.28% year-over-year. Zinc generated $301.4M in revenue, accounting 3.05% of the company's total revenue, down -25.14% year-over-year. Silver generated $417.6M in revenue, accounting 4.22% of the company's total revenue, up 11.60% year-over-year. Other generated $456M in revenue, accounting 4.61% of the company's total revenue, down -15.51% year-over-year. Copper generated $7.59B in revenue, accounting 76.71% of the company's total revenue, up 0.69% year-over-year.
What is Southern Copper’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Southern Copper was Copper. This segment made a revenue of $7.59B, representing 76.71% of the company's total revenue.