Southern Copper (SCCO) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Southern Copper

NYSE•Basic Materials•Copper

$195.70-0.41(<0.01%)Market closed

Market Cap

$162.25B

P/E

28.6x

P/S

10.3x

P/B

12.8x

Southern Copper Corporation engages in mining, exploring, smelting, and refining copper and other minerals in Mexico, the United States, Peru, Brazil, Chile, and Other American countries. The company is involved in the mining, milling, and flotation of copper ore to produce copper and molybdenum concentrates; smelting of copper concentrates to produce blister and anode copper; refining of anode copper to produce copper cathodes; production of copper-molybdenum concentrates and sulfuric acid; production of refined silver, gold, and other materials; and mining and processing of copper, molybdenum, zinc, silver, gold and lead. It operates the Toquepala and Cuajone open-pit mines, smelter, and refinery in Peru; La Caridad, an open-pit copper mine, as well as copper ore concentrator; and SX-EW plant, a smelter, refinery, and rod plant in Mexico. The company also operates Buenavista, an open-pit copper mine, as well as copper concentrators and operating SX-EW plants in Mexico. In addition, it operates underground mines that produce zinc, lead, copper, silver, and gold; coal mine; and zinc refinery. The company has interests in 164,805 hectares and 505,788 hectares of concessions in Peru and Mexico; and 98,634 hectares and 28,453 hectares of exploration concessions in Argentina and Chile. Southern Copper Corporation was formerly known as Southern Peru Copper Corp. and changed its name to Southern Copper Corporation in July 1996. The company was incorporated in 1952 and is based in Phoenix, Arizona. Southern Copper Corporation operates as a subsidiary of Americas Mining Corporation.

How this company scores

ExcellentMetricSide Score: 85/100

Strongest: Profitability (25/25); weakest: Balance Sheet & Red Flags (15/25).

Profitability25/25

Growth22/25

Balance Sheet & Red Flags15/25

Cash & Earnings Quality23/25

Strengths

Growing revenueRising free cash flowStrong marginsHigh ROE

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 28.6x5y range 12.5x – 32.8x

Currently above its 20-quarter median.

P/S · 10.3x5y range 3.2x – 10.3x

Currently above its 20-quarter median.

P/B · 12.8x5y range 4.3x – 12.8x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Share Dilution

Red Flag

Shares outstanding increased 5.9% — significant dilution, likely from stock compensation or capital raises.

Price & Volume

Market Cap $162.25B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $15.79B
Q. Revenue: $4.29B
TTM EBITDA: $9.87B
TTM Op. Income: $8.98B
Q. Op. Income: $2.62B
TTM Net Income: $5.68B
Q. Net Income: $1.67B
EPS: $2.01
Shares Out.: $829.10M

$15.79B in TTM revenue grew 32.8% YoY, reaching $4.29B last quarter. TTM EBITDA of $9.87B and TTM operating income of $8.98B show growth is flowing through to the bottom line. TTM net income of $5.68B means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 4 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 67.6%
EBITDA Margin: 66.4%
Op. Margin: 61.2%
Net Margin: 39.0%

Op. margin of 61.2% is up 9.1% YoY — cost efficiency is improving. Net margin at 39.0% and gross margin of 67.6% show how much of each revenue dollar survives to profit. Across the last 8 quarters, operating margin has risen for 6 consecutive quarters — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 28.6x
P/S Ratio: 10.3x
P/B Ratio: 12.8x

At 28.6x P/E, the stock trades within typical market levels. P/S of 10.3x and P/B of 12.8x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is up 33% — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $24.13B
Cash: $5.67B
Long-Term Debt: $7.99B
Book Value: $12.63B
D/E Ratio: 0.6
Debt/EBITDA: 2.8

With $24.13B in assets and $7.99B in long-term debt, D/E is 0.6and book value is $12.63B — a conservative capital structure with a cushion to weather downturns. Over the past year, debt/equity is down 6% — a weakening trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $1.99B
TTM Free Cash Flow: $5.10B
FCF Margin: 32.3%
FCF / Net Income: 0.9

TTM FCF of $5.10B on $1.99B in operating cash flow. The FCF / Net Income ratio of 0.9x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has risen for 2 consecutive quarters — an improving trend.