Operating
Deferred Taxes
Southern Copper Deferred Taxes increased by 47.8% to -$34.80M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 223.4%, from $28.20M to -$34.80M. Over 4 years (FY 2021 to FY 2025), Deferred Taxes shows an upward trend with a -28.0% CAGR.
Analysis
StatementCash Flow Statement
SectionOperating
CategoryLiquidity
SignalContext dependent
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026Apr 30, 2026
How to read this metric
A significant deferred tax benefit may indicate future tax liabilities, while a deferred tax expense suggests current tax payments are lower than accounting provisions.
Detailed definition
Deferred income taxes represent the difference between income tax expense recognized in the financial statements and the...
Peer comparison
Standard across all industries; highly dependent on local tax laws and capital expenditure depreciation schedules.
Metric ID:
deferred_income_taxesHistorical 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 | $42.10M | -$103.30M | -$26.20M | $43.70M | -$11.80M | $52.60M | $34.10M | -$18.40M | $24.70M | -$49.60M | -$15.80M | $19.10M | $4.00M | -$25.50M | -$49.80M | $28.20M | $25.00M | -$20.40M | -$66.70M | -$34.80M |
| QoQ Change | — | -345.4% | +74.6% | +266.8% | -127.0% | +545.8% | -35.2% | -154.0% | +234.2% | -300.8% | +68.1% | +220.9% | -79.1% | -737.5% | -95.3% | +156.6% | -11.3% | -181.6% | -227.0% | +47.8% |
| YoY Change | — | — | — | — | -128.0% | +150.9% | +230.2% | -142.1% | +309.3% | -194.3% | -146.3% | +203.8% | -83.8% | +48.6% | -215.2% | +47.6% | +525.0% | +20.0% | -33.9% | -223.4% |
Range-$103.30M – $52.60M
CAGR-3.9%
Avg YoY Growth+23.0%
Median YoY Growth-7.0%
Deferred Taxes at Other Companies
Frequently Asked Questions
- What is Southern Copper's deferred taxes?
- Southern Copper (SCCO) reported deferred taxes of -$34.80M in Q1 2026.
- How has Southern Copper's deferred taxes changed year-over-year?
- Southern Copper's deferred taxes decreased by 223.4% year-over-year, from $28.20M to -$34.80M.
- What is the long-term trend for Southern Copper's deferred taxes?
- Over 4 years (2021 to 2025), Southern Copper's deferred taxes has grown at a -28.0% compound annual growth rate (CAGR), from -$126.30M to -$33.90M.
- What does deferred taxes mean?
- The difference between tax reported on financial statements and tax actually paid to the government.