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Southern Copper SCCO Mexican Open Pit — Operating Income

Other segment segments

Peruvian Operations
$923.7M+64.5%
Mexican IMMSA Unit
$140.8M+665%

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Other financials

Income statement

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Revenue$4.3B+40.6%
Gross profit$2.9B+57.6%
Operating income$2.5B+61.5%
Net income$1.7B+71.0%
EPS (diluted)$2.01+66.1%

Balance sheet

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Cash & equivalents$5.7B+69.9%
Total debt$8.5B+14.5%
Total equity$12.6B+26.5%
Total assets$24.1B+23.4%

Cash flow

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Operating cash flow$2.0B+104%
CapEx$422.8M+79.4%
Free cash flow$1.6B+111%

Valuation

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Market cap$140.57B+80.0%
Enterprise value$143.43B+74.5%
P/E24.8×+3.2×
P/S8.9×+2.3×

Profitability

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Gross margin63.8%+5.6pp
Operating margin54.6%+5.3pp
Net margin35.9%+5.5pp
FCF margin32.3%+3.2pp

Returns & leverage

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Return on equity50.2%+11.0pp
Debt / equity0.7×-0.1×
Current ratio5.1×-0.2×

Where this comes from

Reported directly by Southern Copper in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

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 mexican open pit — operating income?
Southern Copper (SCCO) reported mexican open pit — operating income of $1.43B in Q1 2026.
How has Southern Copper's mexican open pit — operating income changed year-over-year?
Southern Copper's mexican open pit — operating income increased by 47.9% year-over-year, from $965.5M to $1.43B.
What is the long-term trend for Southern Copper's mexican open pit — operating income?
Over 4 years (2021 to 2025), Southern Copper's mexican open pit — operating income has grown at a 3.7% compound annual growth rate (CAGR), from $3.7B to $4.28B.
What does mexican open pit — operating income mean?
This is the profit or loss generated by the Mexican open-pit segment after deducting all operating expenses, including cost of revenue, SG&A, and depreciation. It serves as the primary measure of the segment's operational profitability. It excludes interest, taxes, and corporate-level expenses.