Non-Current Liabilities
Operating Lease Liabilities
Southern Copper Operating Lease Liabilities decreased by 2.6% to $561.3M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 12.0%, from $637.6M to $561.3M. Over 5 years (FY 2020 to FY 2025), Operating Lease Liabilities shows a downward trend with a -8.7% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalLower is better
VolatilityStable
First reportedQ1 2019
Last reportedQ1 2026Apr 30, 2026
How to read this metric
An increase reflects long-term expansion of leased asset usage, impacting long-term financial flexibility.
Detailed definition
This represents the portion of operating lease obligations that are due beyond the next twelve months. It reflects the l...
Peer comparison
Standardized under modern accounting rules; comparable across all companies with long-term lease agreements.
Metric ID:
operating_lease_liabilities_non_currentHistorical 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 | $872.3M | $854M | $842.4M | $826.2M | $807.8M | $792.8M | $774.1M | $756.5M | $738.7M | $715.1M | $697.4M | $680.1M | $668.5M | $649.3M | $657.6M | $637.6M | $616.7M | $598M | $576.3M | $561.3M |
| QoQ Change | — | -2.1% | -1.4% | -1.9% | -2.2% | -1.9% | -2.4% | -2.3% | -2.4% | -3.2% | -2.5% | -2.5% | -1.7% | -2.9% | +1.3% | -3.0% | -3.3% | -3.0% | -3.6% | -2.6% |
| YoY Change | — | — | — | — | -7.4% | -7.2% | -8.1% | -8.4% | -8.6% | -9.8% | -9.9% | -10.1% | -9.5% | -9.2% | -5.7% | -6.2% | -7.7% | -7.9% | -12.4% | -12.0% |
Range$561.3M – $872.3M
CAGR-8.9%
Avg YoY Growth-8.8%
Median YoY Growth-8.5%
Current Streak5 quarters decline
Operating Lease Liabilities at Other Companies
Frequently Asked Questions
- What is Southern Copper's operating lease liabilities?
- Southern Copper (SCCO) reported operating lease liabilities of $561.3M in Q1 2026.
- How has Southern Copper's operating lease liabilities changed year-over-year?
- Southern Copper's operating lease liabilities decreased by 12.0% year-over-year, from $637.6M to $561.3M.
- What is the long-term trend for Southern Copper's operating lease liabilities?
- Over 5 years (2020 to 2025), Southern Copper's operating lease liabilities has grown at a -8.7% compound annual growth rate (CAGR), from $908.4M to $576.3M.
- What does operating lease liabilities mean?
- The portion of lease payments due after one year.