Income Taxes Paid, Net
Southern Copper Income Taxes Paid, Net remained flat by 0.0% to $397.70M in Q4 2024 compared to the prior quarter. Year-over-year, this metric grew by 10.9%, from $358.50M to $397.70M. Over 3 years (FY 2021 to FY 2024), Income Taxes Paid, Net shows a downward trend with a -6.5% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
A lower cash tax rate relative to statutory rates can indicate effective tax planning, while high cash taxes may signal a lack of tax-efficient strategies or one-time tax events.
Detailed definition
This metric represents the actual cash paid for income taxes during the period, net of any refunds received. It provides...
Peer comparison
Standard supplemental disclosure; peers are compared based on their cash effective tax rate.
supplemental_income_taxes_paid_netHistorical Data
| FY'21 | FY'22 | FY'23 | FY'24 | |
|---|---|---|---|---|
| Value | $1.95B | $2.39B | $1.43B | $1.59B |
| YoY Change | — | +22.8% | -40.0% | +10.9% |
Income Taxes Paid, Net at Other Companies
Frequently Asked Questions
- What is Southern Copper's income taxes paid, net?
- Southern Copper (SCCO) reported income taxes paid, net of $397.70M in Q4 2024.
- How has Southern Copper's income taxes paid, net changed year-over-year?
- Southern Copper's income taxes paid, net increased by 10.9% year-over-year, from $358.50M to $397.70M.
- What is the long-term trend for Southern Copper's income taxes paid, net?
- Over 3 years (2021 to 2024), Southern Copper's income taxes paid, net has grown at a -6.5% compound annual growth rate (CAGR), from $1.95B to $1.59B.
- What does income taxes paid, net mean?
- The actual cash amount paid to tax authorities during the year.