Income StatementBalance SheetCash FlowSegments
Southern Copper logo

Southern Copper Cash Flow Statement

Operating, investing, and financing cash movements

Southern Copper generated $5.7B in operating cash flow over the trailing twelve months. After $1.4B in capital expenditures, free cash flow was $4.3B. Free cash flow increased 0.3% year-over-year. Based on the Q1 2026 filing.

Net Cash From Operating (TTM)$5.7BNet Cash From Investing (TTM)-$1.7BNet Cash From Financing (TTM)-$3.3BCapital Expenditures (TTM)$1.4BDepreciation And Amortization Cf (TTM)$870.4MNet Change In Cash (TTM)$799.0M
Latest FilingQ1 2026
Report Date2026-04-30
Market Cap$149.90B
P/E Ratio30.10
ROE46.65%

Operating

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Other non-cash income (expense)-$900.0K-$14.3M-$8.7M$12.2M-$75.1M-$11.7M
Other non-cash income (expense)-$900.0K-$14.3M-$8.7M$12.2M-$75.1M-$11.7M
Change in accounts payable$357.0M-$273.7M-$121.2M$368.9M$352.1M-$109.9M
Change in inventories$60.6M-$85.3M$45.1M$25.0M-$6.9M-$97.4M
Other working capital changes$215.5M-$42.0M$61.9M-$81.5M$161.0M-$21.5M
Deferred income taxes-$49.8M$28.2M$25.0M-$20.4M-$66.7M-$34.8M
Depreciation and amortization$214.2M$223.8M$206.2M$207.8M$230.7M$225.7M
Unrealized Foreign Currency Transaction Gain (Loss)$0.0-$14.0M-$3.8M-$12.6M-$12.5M$17.6M
Unrealized Foreign Currency Transaction Gain (Loss)$0.0-$14.0M-$3.8M-$12.6M-$12.5M$17.6M
Foreign Currency Transaction Gain (Loss)$0.0-$14.0M-$3.8M-$12.6M-$12.5M$17.6M
Other Non-Cash Income (Expense)-$900.0K-$14.3M-$8.7M$12.2M-$75.1M-$11.7M
Other Non-cash Income (Expense)-$900.0K-$14.3M-$8.7M$12.2M-$75.1M-$11.7M
Other Non-cash Income (Expense)-$900.0K-$14.3M-$8.7M$12.2M-$75.1M-$11.7M
Net cash from operating activities$1.4B$721.4M$976.8M$1.6B$1.5B$1.7B
Net income$796.2M$949.1M$976.7M$1.1B$1.3B$1.6B
Other non-cash income (expense)-$900.0K-$14.3M-$8.7M$12.2M-$75.1M-$11.7M
Unrealized Gain (Loss), Foreign Currency Transaction, before Tax$0.0-$14.0M-$3.8M-$12.6M-$12.5M$17.6M
Income Loss From Equity Method Investments Net Of Dividends Or Distributions—$3.1M$5.8M$2.8M$10.9M$16.2M
Increase (Decrease) in Accounts and Other Receivables—$358.6M$9.6M$161.7M$231.8M$65.1M
Increase Decrease In Asset Retirement Obligations-$6.1M-$6.0M-$6.0M-$6.0M-$6.0M—
Other Noncash Income (Expense)-$900.0K-$14.3M-$8.7M$12.2M-$75.1M-$11.7M
Other Non-cash Income and Expense-$900.0K-$14.3M-$8.7M$12.2M-$75.1M-$11.7M
Unrealized Foreign Currency Transaction Gain (Loss)$0.0-$14.0M-$3.8M-$12.6M-$12.5M$17.6M
Other Non-Cash Adjustments-$900.0K-$14.3M-$8.7M$12.2M-$75.1M-$11.7M
Other Non-Cash Income and Expense-$900.0K-$14.3M-$8.7M$12.2M-$75.1M-$11.7M
Change in Asset Retirement Obligations-$6.1M-$6.0M-$6.0M-$6.0M-$6.0M—
Unrealized Foreign Currency Gain (Loss)$0.0-$14.0M-$3.8M-$12.6M-$12.5M$17.6M

Supplemental

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Capital expenditures incurred but not yet paid$5.0M$21.3M$21.3M$21.3M$21.3M—
Capital expenditures incurred but not yet paid$5.0M$21.3M$21.3M$21.3M$21.3M—
Capital Expenditures Incurred but Not Yet Paid$5.0M$21.3M$21.3M$21.3M$21.3M—
Workers' Participation$65.6M$82.0M$82.0M$82.0M$82.0M—
Income Taxes Paid, Net$397.7M—————
Pension And Other Postretirement Benefit Expense$1.5M$1.4M$1.4M$1.4M$1.4M—
Workers Participation$65.6M$82.0M$82.0M$82.0M$82.0M—

Investing

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Capital expenditures$235.3M$317.8M$235.7M$349.2M$422.6M$441.9M
Payments to Acquire Short-Term Investments$153.0M$513.4M$513.4M$513.4M$513.4M—
Proceeds From Sale Of Short Term Investments$241.5M$423.6M$423.6M$423.6M$423.6M—
Net cash from investing activities-$161.8M-$290.7M-$692.9M-$249.7M-$451.3M-$271.3M
Payments for (Proceeds from) Short-Term Investments—-$27.1M$457.3M-$99.5M—-$170.5M

Financing

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Dividends paid$549.9M$553.3M$557.4M$643.3M$731.1M$819.2M
Payments Of Debt Issuance Costs—$6.4M————
Proceeds from issuances of debt—$993.8M————
Other, net$4.3M-$1.2M-$3.0M-$4.9M$9.4M$100.0K
Payment of Deferred Purchase Consideration$4.3M-$1.2M-$3.0M-$4.9M$9.4M$100.0K
Noncontrolling interest transactions and other$4.3M-$1.2M-$3.0M-$4.9M$9.4M$100.0K
Net cash from financing activities-$554.0M$432.9M-$1.1B-$648.2M-$731.5M-$819.1M
Noncontrolling Interests Activity and Other$4.3M-$1.2M-$3.0M-$4.9M$9.4M$100.0K

Free Cash Flow

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Free cash flow$1.1B$403.6M$741.1M$1.2B$1.1B$1.3B

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Effect of exchange rate changes on cash—-$5.4M-$4.9M-$47.1M—$6.7M
Net increase (decrease) in cash$603.3M$858.2M-$781.4M$614.6M$355.0M$610.8M
Accrued payables for capital expenditures$5.0M$21.3M$21.3M$21.3M$21.3M—