Non-Current Liabilities
Operating Lease Liabilities (Total)
Southern Copper Operating Lease Liabilities (Total) decreased by 2.0% to $649.70M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 9.9%, from $720.70M to $649.70M. Over 5 years (FY 2020 to FY 2025), Operating Lease Liabilities (Total) shows a downward trend with a -7.5% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalContext dependent
VolatilityModerate
First reportedQ4 2018
Last reportedQ1 2026Apr 30, 2026
How to read this metric
An increase indicates expansion of the leased asset base, while a decrease suggests a reduction in lease commitments or the expiration of lease terms.
Detailed definition
This represents the total present value of future lease payments for operating leases, recognized as a liability on the...
Peer comparison
Standardized under modern accounting rules, allowing for direct comparison of lease-based financing across companies in the same sector.
Metric ID:
operating_lease_liabilities_totalHistorical Data
20 periods
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $944.30M | $926.60M | $916.30M | $900.80M | $883.70M | $869.70M | $851.40M | $832.60M | $813.60M | $786.90M | $775.40M | $757.10M | $745.40M | $725.00M | $739.50M | $720.70M | $700.70M | $683.40M | $662.70M | $649.70M |
| QoQ Change | — | -1.9% | -1.1% | -1.7% | -1.9% | -1.6% | -2.1% | -2.2% | -2.3% | -3.3% | -1.5% | -2.4% | -1.5% | -2.7% | +2.0% | -2.5% | -2.8% | -2.5% | -3.0% | -2.0% |
| YoY Change | — | — | — | — | -6.4% | -6.1% | -7.1% | -7.6% | -7.9% | -9.5% | -8.9% | -9.1% | -8.4% | -7.9% | -4.6% | -4.8% | -6.0% | -5.7% | -10.4% | -9.9% |
Range$649.70M – $944.30M
CAGR-7.6%
Avg YoY Growth-7.5%
Median YoY Growth-7.7%
Current Streak5 quarters decline
Operating Lease Liabilities (Total) at Other Companies
Frequently Asked Questions
- What is Southern Copper's operating lease liabilities (total)?
- Southern Copper (SCCO) reported operating lease liabilities (total) of $649.70M in Q1 2026.
- How has Southern Copper's operating lease liabilities (total) changed year-over-year?
- Southern Copper's operating lease liabilities (total) decreased by 9.9% year-over-year, from $720.70M to $649.70M.
- What is the long-term trend for Southern Copper's operating lease liabilities (total)?
- Over 5 years (2020 to 2025), Southern Copper's operating lease liabilities (total) has grown at a -7.5% compound annual growth rate (CAGR), from $979.00M to $662.70M.
- What does operating lease liabilities (total) mean?
- The total value of future payments the company is obligated to make for leased assets.