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Gross margin at other companies

Freeport-McMoRan Inc. logo
Freeport-McMoRan Inc.FCX
28.2%-1.1pp
Newmont logo
NewmontNEM
68.3%+13.9pp

Other financials

Income statement

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Revenue$4.3B+36.2%
Gross profit$2.8B+52.7%
Operating income$2.5B+61.5%
Net income$1.6B+66.7%
EPS (diluted)$1.92+67.0%

Balance sheet

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Cash & equivalents$4.9B+19.4%
Total debt$7.4B-7.1%
Total equity$11.8B+23.2%
Total assets$21.9B+10.8%

Cash flow

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Operating cash flow$1.7B+135%
CapEx$441.9M+39.1%
Free cash flow$1.3B+210%

Valuation

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Market cap$160.97B+91.0%
Enterprise value$163.45B+84.8%
P/E32.3×+8.9×
P/S11.1×+4.0×

Profitability

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Operating margin54.6%+5.3pp
Net margin34.2%+4.1pp

Returns & leverage

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Return on equity46.6%+4.6pp
Debt / equity0.6×-0.2×
Current ratio4.4×+0.7×

Where this comes from

Calculated from Southern Copper’s reported figures.

Based on trailing twelve months.

The official record: Southern Copper’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Southern Copper's gross margin?
Southern Copper (SCCO) reported gross margin of 61.9% in Q1 2026.
How has Southern Copper's gross margin changed year-over-year?
Southern Copper's gross margin increased by 6.5% year-over-year, from 58.2% to 61.9%.
What is the long-term trend for Southern Copper's gross margin?
Over 4 years (2021 to 2025), Southern Copper's gross margin has grown at a -0.8% compound annual growth rate (CAGR), from 242.9% to 235.1%.
What does gross margin mean?
How much of every sales dollar is left after the direct cost of what was sold.
How do you interpret gross margin?
Higher and stable gross margins indicate pricing power and a durable cost structure. A declining trend signals input-cost pressure, pricing competition, or a shift toward lower-margin products.
How does gross margin compare across companies?
Highly comparable within an industry, less so across industries — software runs 70%+ while distributors run in single digits. Track the trend more than the absolute level across sectors.