Current and royalty taxes
Southern Copper Current and royalty taxes increased by 14.9% to $891.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 67.2%, from $532.80M to $891.00M. Over 4 years (FY 2021 to FY 2025), Current and royalty taxes shows relatively stable performance with a 0.8% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase relative to revenue may signal higher royalty rates or increased profitability in high-tax jurisdictions, while a decrease may reflect lower production or tax incentives.
Detailed definition
Represents the immediate tax liability and mining-specific royalty payments owed to government authorities based on curr...
Peer comparison
Specific to extractive industries; peers in similar regions like Chile or Peru face comparable royalty structures.
scco_current_and_royalty_taxesHistorical Data
| 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 | $647.70M | $548.60M | $721.70M | $612.10M | $296.40M | $228.50M | $340.50M | $480.50M | $294.50M | $395.30M | $407.80M | $423.40M | $578.80M | $526.40M | $498.80M | $532.80M | $576.00M | $619.70M | $775.70M | $891.00M |
| QoQ Change | — | -15.3% | +31.6% | -15.2% | -51.6% | -22.9% | +49.0% | +41.1% | -38.7% | +34.2% | +3.2% | +3.8% | +36.7% | -9.1% | -5.2% | +6.8% | +8.1% | +7.6% | +25.2% | +14.9% |
| YoY Change | — | — | — | — | -54.2% | -58.3% | -52.8% | -21.5% | -0.6% | +73.0% | +19.8% | -11.9% | +96.5% | +33.2% | +22.3% | +25.8% | -0.5% | +17.7% | +55.5% | +67.2% |
Current and royalty taxes at Other Companies
Frequently Asked Questions
- What is Southern Copper's current and royalty taxes?
- Southern Copper (SCCO) reported current and royalty taxes of $891.00M in Q1 2026.
- How has Southern Copper's current and royalty taxes changed year-over-year?
- Southern Copper's current and royalty taxes increased by 67.2% year-over-year, from $532.80M to $891.00M.
- What is the long-term trend for Southern Copper's current and royalty taxes?
- Over 4 years (2021 to 2025), Southern Copper's current and royalty taxes has grown at a 0.8% compound annual growth rate (CAGR), from $2.43B to $2.50B.
- What does current and royalty taxes mean?
- The immediate cash cost of income taxes and mining royalties.