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Deferred Taxes

Southern Copper Deferred Taxes decreased by 15.4% to $110.4M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 15.6%, from $130.8M to $110.4M. Over 5 years (FY 2020 to FY 2025), Deferred Taxes shows a downward trend with a -3.9% CAGR.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ4 2018
Last reportedQ1 2026Apr 30, 2026

How to read this metric

An increase often reflects accelerated depreciation for tax purposes, which provides current cash flow benefits at the expense of future tax liabilities.

Detailed definition

This represents the net amount of income taxes that will be payable in future periods as a result of temporary differenc...

Peer comparison

Common in mining companies with significant capital expenditures and long-lived assets.

Metric ID: other_deferred_income_tax_liabilities_net

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$168.7M$118.4M$118.3M$144.9M$119M$132.2M$161.2M$171.7M$191.1M$145M$132.2M$149.9M$158.8M$133.5M$124.5M$130.8M$136.4M$131.4M$130.5M$110.4M
QoQ Change-29.8%-0.1%+22.5%-17.9%+11.1%+21.9%+6.5%+11.3%-24.1%-8.8%+13.4%+5.9%-15.9%-6.7%+5.1%+4.3%-3.7%-0.7%-15.4%
YoY Change-29.5%+11.7%+36.3%+18.5%+60.6%+9.7%-18.0%-12.7%-16.9%-7.9%-5.8%-12.7%-14.1%-1.6%+4.8%-15.6%
Range$110.4M$191.1M
CAGR-8.5%
Avg YoY Growth+0.4%
Median YoY Growth-6.9%
Current Streak3 quarters decline

Frequently Asked Questions

What is Southern Copper's deferred taxes?
Southern Copper (SCCO) reported deferred taxes of $110.4M in Q1 2026.
How has Southern Copper's deferred taxes changed year-over-year?
Southern Copper's deferred taxes decreased by 15.6% year-over-year, from $130.8M to $110.4M.
What is the long-term trend for Southern Copper's deferred taxes?
Over 5 years (2020 to 2025), Southern Copper's deferred taxes has grown at a -3.9% compound annual growth rate (CAGR), from $159.4M to $130.5M.
What does deferred taxes mean?
Future tax payments resulting from timing differences between accounting and tax reporting rules.