Southern Copper (SCCO) Revenue & Revenue Breakdown

Overview ForecastOwnership Financials Chart Transcripts

Southern Copper Revenue Highlights

Latest Revenue (Y)

$9.90B

Latest Revenue (Q)

$-5.72B

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
2024-09-30	$-5.72B	-283.37%
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 $-5.72B in revenue during Q3 2024, up -283.37% compared to the previous quarter, and up -248.54% 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
Mexican Open Pit	$2.33B	-	-	-	-
Copper	$7.59B	$7.54B	$8.83B	$6.51B	$5.85B
Peruvian Operations	$1.97B	-	-	-	-
Other	$456.00M	$539.70M	$288.80M	-	-
Silver	$417.60M	$374.20M	$289.50M	$249.40M	$277.80M
Zinc	$301.40M	$402.60M	$474.40M	$447.80M	$324.30M
Molybdenum	$1.13B	$1.19B	$1.05B	$510.30M	$549.40M
Mexican IMMSA Unit	$545.60M	-	-	-	-
Other Metals	-	-	-	$264.30M	$288.80M

Southern Copper's latest annual revenue breakdown by segment (product or service), as of Dec 23: Copper (51.50%), Mexican Open Pit (15.77%), Peruvian Operations (13.40%), Molybdenum (7.66%), Mexican IMMSA Unit (3.70%), Other (3.09%), Silver (2.83%), and Zinc (2.04%).

Quarterly Revenue by Product

Product/Service	Sep 24	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
Mexican IMMSA Unit	$138.20M	$121.00M	$129.70M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Mexican Open Pit	$694.00M	$663.00M	$594.60M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Peruvian Operations	$543.90M	$526.10M	$474.60M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
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
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
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
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	-	-	-	-
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

Southern Copper's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Mexican Open Pit (50.43%), Peruvian Operations (39.52%), and Mexican IMMSA Unit (10.04%).

Southern Copper Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
PERU	$394.90M	-	-	-	-
Peru	$394.90M	-	-	-	-
Singapore	$364.30M	-	-	-	-
Spain	$472.90M	-	-	-	-
Switzerland	$1.09B	-	-	-	-
United States	$1.62B	-	-	-	-
Other Asian countries	$197.00M	-	-	-	-
Other American countries	$60.50M	-	-	-	-
Mexico	$2.67B	-	-	-	-
Japan	$668.30M	-	-	-	-
Europe	$2.38B	-	-	-	-
CHILE	$399.50M	-	-	-	-
BRAZIL	$390.30M	-	-	-	-
Italy	$414.40M	-	-	-	-
China	$749.20M	-	-	-	-
Chile	$399.50M	-	-	-	-
Brazil	$390.30M	-	-	-	-
UNITED STATES	$1.68B	-	-	-	-
MEXICO	$2.67B	-	-	-	-
Other European Countries	$407.70M	-	-	-	-
Asia	$1.23B	-	-	-	-
Mexican IMMSA Unit	-	$666.50M	$600.20M	-	-
Mexican Open-Pit	-	$5.77B	$6.11B	-	-
Mexican Open Pit	-	-	-	$4.41B	$3.96B
Mexican I M M S A Unit	-	-	-	$529.90M	$464.80M

Southern Copper's latest annual revenue breakdown by geography, as of Dec 23: Mexico (14.03%), MEXICO (14.03%), Europe (12.50%), UNITED STATES (8.83%), United States (8.51%), Asia (6.46%), Switzerland (5.70%), China (3.93%), Japan (3.51%), Spain (2.48%), Italy (2.18%), Other European Countries (2.14%), CHILE (2.10%), Chile (2.10%), PERU (2.07%), Peru (2.07%), BRAZIL (2.05%), Brazil (2.05%), Singapore (1.91%), Other Asian countries (1.03%), and Other American countries (0.32%).

Quarterly Revenue by Country

Country	Sep 24	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
Europe	$783.70M	$812.10M	$607.20M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
China	$303.00M	$397.30M	$286.40M	$397.00M	$169.20M	$183.00M	$245.60M	$120.00M	$94.50M	$112.40M	-	-	-	-	-	-	-	-	-	-
CHILE	$117.00M	$131.90M	$94.40M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
BRAZIL	$121.30M	$141.00M	$124.90M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
PERU	$169.00M	$167.90M	$166.10M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
UNITED STATES	$434.50M	$409.90M	$323.90M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
MEXICO	$795.90M	$743.80M	$672.30M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Asia	$206.60M	$314.40M	$324.40M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Brazil	-	-	$124.90M	$198.90M	$83.30M	$108.10M	$107.00M	$120.60M	$100.30M	$124.30M	$107.90M	-	-	-	-	-	-	-	-	-
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	-	-	-	-	-	-	-	-	-
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
Other Asian countries	-	-	$22.10M	$139.10M	$27.10M	$30.80M	$51.50M	$35.90M	$64.00M	$83.00M	$158.90M	-	-	-	-	-	-	-	-	-
Other American countries	-	-	$11.30M	$24.80M	$20.00M	$15.70M	$19.70M	$21.20M	$11.90M	-	-	-	-	-	-	-	-	-	-	-
Mexico	-	-	$672.30M	$1.29B	$615.00M	$761.40M	$656.00M	$487.60M	$520.60M	$624.60M	$519.90M	-	-	-	-	-	-	-	-	-
Japan	-	-	$245.00M	$337.00M	$131.80M	$199.50M	$184.80M	$93.80M	$154.10M	$183.40M	$127.40M	-	-	-	-	-	-	-	-	-
Italy	-	-	$81.30M	$194.30M	$96.80M	$123.30M	$49.70M	$80.50M	$59.30M	$72.00M	$56.90M	-	-	-	-	-	-	-	-	-
Chile	-	-	$94.40M	$238.30M	$60.50M	$100.70M	$157.40M	$101.60M	$82.10M	$103.50M	$116.60M	-	-	-	-	-	-	-	-	-
E	-	-	-	-	-	-	-	-	-	-	-	$127.00M	$125.70M	$110.90M	$72.10M	$62.50M	$18.20M	$46.60M	$47.10M	$46.70M
C	-	-	-	-	-	-	-	-	-	-	-	$423.90M	$440.10M	$393.80M	$342.90M	$446.60M	$399.90M	$253.90M	$300.70M	$263.90M
Other American Countries	-	-	-	-	-	-	-	-	-	-	-	$12.70M	$8.70M	$12.80M	$18.60M	$1.50M	$9.40M	$11.20M	-	-
Other Asian Countries	-	-	-	-	-	-	-	-	-	-	-	$92.00M	$183.40M	$149.90M	$121.90M	$115.60M	$114.60M	$32.00M	$81.70M	$64.10M
P	-	-	-	-	-	-	-	-	-	-	-	$147.90M	$143.30M	$147.40M	$116.40M	$99.90M	$42.70M	$76.10M	$84.40M	$75.20M
J	-	-	-	-	-	-	-	-	-	-	-	$166.90M	$150.60M	$184.00M	$186.70M	$144.30M	$140.40M	$108.10M	$112.90M	$127.90M
S	-	-	-	-	-	-	-	-	-	-	-	$285.90M	$277.10M	$202.30M	$241.10M	$192.70M	$229.20M	$200.70M	$299.10M	$283.10M
U	-	-	-	-	-	-	-	-	-	-	-	$407.40M	$469.70M	$425.50M	$387.10M	$354.80M	$322.20M	$299.30M	$285.10M	$342.20M
I	-	-	-	-	-	-	-	-	-	-	-	$66.80M	$110.00M	$74.10M	$86.20M	$62.20M	$53.10M	$70.20M	$78.40M	$62.30M
M	-	-	-	-	-	-	-	-	-	-	-	$560.50M	$565.70M	$493.90M	$460.20M	$374.30M	$256.20M	$436.00M	$332.00M	$401.50M

Southern Copper's latest quarterly revenue breakdown by geography, as of Sep 24: MEXICO (27.15%), Europe (26.74%), UNITED STATES (14.82%), China (10.34%), Asia (7.05%), PERU (5.77%), BRAZIL (4.14%), and CHILE (3.99%).

Southern Copper Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
SCCO	Southern Copper	$9.90B	$-5.72B
HBM	Hudbay Minerals	$1.72B	$501.84M
ERO	Ero Copper	$427.48M	$105.32M

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 Q3 2024 was $-5.718B, a -283.37% decrease from the previous quarter (Q2 2024), and a -328.21% decrease year-over-year (Q3 2023). The company'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). SCCO'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).

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 Mexican Open Pit, Copper, Peruvian Operations, Other, Silver, Zinc, Molybdenum, and Mexican IMMSA Unit. Mexican Open Pit generated $2.33B in revenue, accounting 15.77% of the company's total revenue Copper generated $7.59B in revenue, accounting 51.50% of the company's total revenue, up 0.69% year-over-year. Peruvian Operations generated $1.97B in revenue, accounting 13.40% of the company's total revenue Other generated $456M in revenue, accounting 3.09% of the company's total revenue, down -15.51% year-over-year. Silver generated $417.6M in revenue, accounting 2.83% of the company's total revenue, up 11.60% year-over-year. Zinc generated $301.4M in revenue, accounting 2.04% of the company's total revenue, down -25.14% year-over-year. Molybdenum generated $1.13B in revenue, accounting 7.66% of the company's total revenue, down -5.28% year-over-year. Mexican IMMSA Unit generated $545.6M in revenue, accounting 3.70% of the company's total revenue

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 51.50% of the company's total revenue.