Other Income & Expense

Interest Costs Incurred

Southern Copper Interest Costs Incurred increased by 0.1% to $104.50M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2.2%, from $102.30M to $104.50M. Over 4 years (FY 2021 to FY 2025), Interest Costs Incurred shows relatively stable performance with a 1.8% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementIncome Statement
SectionOther Income & Expense
CategoryLeverage
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026Apr 30, 2026

How to read this metric

An increase suggests higher debt levels or rising interest rates, while a decrease may indicate debt reduction or refinancing at lower rates.

Detailed definition

Represents the total gross interest expense accrued on all debt obligations during the reporting period before any adjus...

Peer comparison

Standard metric across all capital-intensive industries; peers typically report this as gross interest expense.

Metric ID: ibm_interest_costs_incurred

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$96.60M$96.70M$97.90M$98.40M$96.60M$96.70M$95.30M$94.10M$94.00M$94.20M$94.00M$94.20M$94.10M$94.10M$94.20M$102.30M$105.60M$104.30M$104.40M$104.50M
QoQ Change+0.1%+1.2%+0.5%-1.8%+0.1%-1.4%-1.3%-0.1%+0.2%-0.2%+0.2%-0.1%+0.0%+0.1%+8.6%+3.2%-1.2%+0.1%+0.1%
YoY Change+0.0%+0.0%-2.7%-4.4%-2.7%-2.6%-1.4%+0.1%+0.1%-0.1%+0.2%+8.6%+12.2%+10.8%+10.8%+2.2%
Range$94.00M$105.60M
CAGR+1.7%
Avg YoY Growth+2.0%
Median YoY Growth+0.1%
Current Streak2 quarters growth

Frequently Asked Questions

What is Southern Copper's interest costs incurred?
Southern Copper (SCCO) reported interest costs incurred of $104.50M in Q1 2026.
How has Southern Copper's interest costs incurred changed year-over-year?
Southern Copper's interest costs incurred increased by 2.2% year-over-year, from $102.30M to $104.50M.
What is the long-term trend for Southern Copper's interest costs incurred?
Over 4 years (2021 to 2025), Southern Copper's interest costs incurred has grown at a 1.8% compound annual growth rate (CAGR), from $388.00M to $416.60M.
What does interest costs incurred mean?
The total interest expense on debt before accounting for capitalized interest.