Southern Copper Corp
NYSE:SCCO
Income Statement
Earnings Waterfall
Southern Copper Corp
Revenue
|
9.7B
USD
|
Cost of Revenue
|
-4.5B
USD
|
Gross Profit
|
5.2B
USD
|
Operating Expenses
|
-1.1B
USD
|
Operating Income
|
4B
USD
|
Other Expenses
|
-1.7B
USD
|
Net Income
|
2.3B
USD
|
Income Statement
Southern Copper Corp
Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
5 684
N/A
|
5 762
+1%
|
5 852
+2%
|
5 788
-1%
|
5 708
-1%
|
5 604
-2%
|
5 263
-6%
|
5 046
-4%
|
5 016
-1%
|
4 968
-1%
|
5 235
+5%
|
5 380
+3%
|
5 719
+6%
|
5 913
+3%
|
6 189
+5%
|
6 655
+8%
|
6 912
+4%
|
7 219
+4%
|
7 266
+1%
|
7 097
-2%
|
7 009
-1%
|
6 990
0%
|
7 126
+2%
|
7 286
+2%
|
7 252
0%
|
7 219
0%
|
7 489
+4%
|
7 985
+7%
|
8 798
+10%
|
9 909
+13%
|
10 461
+6%
|
10 934
+5%
|
11 165
+2%
|
10 575
-5%
|
10 051
-5%
|
10 048
0%
|
10 078
+0%
|
10 072
0%
|
10 421
+3%
|
9 896
-5%
|
9 702
-2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(2 783)
|
(2 798)
|
(2 864)
|
(2 841)
|
(2 878)
|
(2 859)
|
(2 800)
|
(2 928)
|
(2 975)
|
(3 019)
|
(3 180)
|
(3 034)
|
(3 151)
|
(3 204)
|
(3 154)
|
(3 253)
|
(3 285)
|
(3 332)
|
(3 375)
|
(3 409)
|
(3 348)
|
(3 335)
|
(3 388)
|
(3 492)
|
(3 604)
|
(3 703)
|
(3 737)
|
(3 788)
|
(3 776)
|
(3 796)
|
(3 783)
|
(3 786)
|
(3 900)
|
(4 161)
|
(4 371)
|
(4 534)
|
(4 670)
|
(4 571)
|
(4 609)
|
(4 572)
|
(4 536)
|
|
Gross Profit |
2 902
N/A
|
2 963
+2%
|
2 987
+1%
|
2 947
-1%
|
2 830
-4%
|
2 745
-3%
|
2 463
-10%
|
2 118
-14%
|
2 042
-4%
|
1 949
-5%
|
2 056
+5%
|
2 346
+14%
|
2 568
+9%
|
2 709
+6%
|
3 035
+12%
|
3 402
+12%
|
3 626
+7%
|
3 887
+7%
|
3 892
+0%
|
3 688
-5%
|
3 661
-1%
|
3 655
0%
|
3 738
+2%
|
3 794
+1%
|
3 648
-4%
|
3 517
-4%
|
3 752
+7%
|
4 197
+12%
|
5 022
+20%
|
6 114
+22%
|
6 678
+9%
|
7 148
+7%
|
7 265
+2%
|
6 414
-12%
|
5 680
-11%
|
5 514
-3%
|
5 408
-2%
|
5 501
+2%
|
5 812
+6%
|
5 324
-8%
|
5 165
-3%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(573)
|
(604)
|
(664)
|
(714)
|
(723)
|
(732)
|
(710)
|
(704)
|
(718)
|
(743)
|
(774)
|
(782)
|
(779)
|
(780)
|
(776)
|
(783)
|
(805)
|
(803)
|
(804)
|
(807)
|
(860)
|
(928)
|
(993)
|
(1 041)
|
(1 056)
|
(1 050)
|
(1 047)
|
(1 049)
|
(1 082)
|
(1 077)
|
(1 077)
|
(1 083)
|
(1 082)
|
(1 097)
|
(1 084)
|
(1 079)
|
(1 089)
|
(1 090)
|
(1 118)
|
(1 131)
|
(1 137)
|
|
Selling, General & Administrative |
(102)
|
(100)
|
(102)
|
(103)
|
(104)
|
(103)
|
(101)
|
(99)
|
(101)
|
(99)
|
(99)
|
(94)
|
(90)
|
(88)
|
(90)
|
(93)
|
(96)
|
(100)
|
(101)
|
(103)
|
(136)
|
(169)
|
(204)
|
(246)
|
(247)
|
(248)
|
(249)
|
(241)
|
(241)
|
(241)
|
(239)
|
(234)
|
(234)
|
(234)
|
(233)
|
(241)
|
(241)
|
(241)
|
(244)
|
(243)
|
(243)
|
|
Research & Development |
(55)
|
(66)
|
(74)
|
(75)
|
(70)
|
(60)
|
(53)
|
(49)
|
(49)
|
(47)
|
(43)
|
(40)
|
(35)
|
(30)
|
(29)
|
(29)
|
(29)
|
(32)
|
(30)
|
(30)
|
(30)
|
(28)
|
(29)
|
(30)
|
(33)
|
(32)
|
(32)
|
(32)
|
(30)
|
(33)
|
(37)
|
(43)
|
(46)
|
(48)
|
(47)
|
(42)
|
(44)
|
(45)
|
(50)
|
(55)
|
(56)
|
|
Depreciation & Amortization |
(416)
|
(438)
|
(451)
|
(445)
|
(451)
|
(461)
|
(478)
|
(511)
|
(529)
|
(568)
|
(611)
|
(647)
|
(665)
|
(672)
|
(667)
|
(671)
|
(680)
|
(671)
|
(673)
|
(674)
|
(694)
|
(730)
|
(760)
|
(764)
|
(776)
|
(771)
|
(767)
|
(776)
|
(783)
|
(785)
|
(792)
|
(806)
|
(802)
|
(816)
|
(804)
|
(796)
|
(803)
|
(804)
|
(824)
|
(834)
|
(839)
|
|
Other Operating Expenses |
0
|
0
|
(37)
|
(91)
|
(97)
|
(108)
|
(78)
|
(45)
|
(39)
|
(29)
|
(21)
|
0
|
10
|
10
|
10
|
10
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(28)
|
(17)
|
(9)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
2 329
N/A
|
2 360
+1%
|
2 323
-2%
|
2 233
-4%
|
2 107
-6%
|
2 013
-4%
|
1 753
-13%
|
1 414
-19%
|
1 324
-6%
|
1 206
-9%
|
1 281
+6%
|
1 564
+22%
|
1 788
+14%
|
1 929
+8%
|
2 259
+17%
|
2 619
+16%
|
2 822
+8%
|
3 084
+9%
|
3 088
+0%
|
2 881
-7%
|
2 802
-3%
|
2 728
-3%
|
2 745
+1%
|
2 753
+0%
|
2 593
-6%
|
2 467
-5%
|
2 705
+10%
|
3 148
+16%
|
3 939
+25%
|
5 037
+28%
|
5 601
+11%
|
6 065
+8%
|
6 184
+2%
|
5 317
-14%
|
4 596
-14%
|
4 436
-3%
|
4 320
-3%
|
4 412
+2%
|
4 694
+6%
|
4 192
-11%
|
4 028
-4%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(166)
|
(152)
|
(139)
|
(123)
|
(110)
|
(128)
|
(159)
|
(200)
|
(250)
|
(269)
|
(278)
|
(284)
|
(301)
|
(302)
|
(301)
|
(301)
|
(277)
|
(271)
|
(266)
|
(261)
|
(269)
|
(282)
|
(296)
|
(320)
|
(334)
|
(343)
|
(350)
|
(347)
|
(346)
|
(346)
|
(347)
|
(350)
|
(346)
|
(339)
|
(328)
|
(305)
|
(283)
|
(261)
|
(245)
|
(240)
|
(232)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(11)
|
(19)
|
(28)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
12
|
(11)
|
(35)
|
(41)
|
(40)
|
(36)
|
(18)
|
(25)
|
(22)
|
(15)
|
(1)
|
(25)
|
(19)
|
(22)
|
(38)
|
(16)
|
(23)
|
(29)
|
(30)
|
(31)
|
(23)
|
3
|
5
|
(7)
|
(20)
|
(44)
|
(51)
|
(28)
|
(18)
|
(25)
|
(13)
|
(18)
|
(9)
|
3
|
44
|
117
|
116
|
118
|
88
|
4
|
12
|
|
Pre-Tax Income |
2 175
N/A
|
2 197
+1%
|
2 149
-2%
|
2 069
-4%
|
1 956
-5%
|
1 848
-6%
|
1 575
-15%
|
1 189
-25%
|
1 052
-12%
|
922
-12%
|
1 002
+9%
|
1 256
+25%
|
1 468
+17%
|
1 605
+9%
|
1 921
+20%
|
2 303
+20%
|
2 522
+10%
|
2 783
+10%
|
2 791
+0%
|
2 589
-7%
|
2 510
-3%
|
2 448
-2%
|
2 453
+0%
|
2 427
-1%
|
2 239
-8%
|
2 070
-8%
|
2 285
+10%
|
2 746
+20%
|
3 576
+30%
|
4 666
+31%
|
5 241
+12%
|
5 697
+9%
|
5 829
+2%
|
4 981
-15%
|
4 312
-13%
|
4 248
-1%
|
4 152
-2%
|
4 268
+3%
|
4 536
+6%
|
3 956
-13%
|
3 809
-4%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(742)
|
(800)
|
(776)
|
(755)
|
(680)
|
(611)
|
(562)
|
(465)
|
(428)
|
(373)
|
(359)
|
(501)
|
(585)
|
(643)
|
(752)
|
(808)
|
(868)
|
(1 017)
|
(1 055)
|
(1 023)
|
(1 024)
|
(966)
|
(949)
|
(945)
|
(929)
|
(902)
|
(1 000)
|
(1 174)
|
(1 460)
|
(1 883)
|
(2 094)
|
(2 299)
|
(2 404)
|
(2 053)
|
(1 732)
|
(1 596)
|
(1 465)
|
(1 463)
|
(1 629)
|
(1 519)
|
(1 462)
|
|
Income from Continuing Operations |
1 433
|
1 397
|
1 373
|
1 314
|
1 276
|
1 237
|
1 013
|
724
|
624
|
550
|
644
|
755
|
883
|
961
|
1 168
|
1 495
|
1 654
|
1 767
|
1 737
|
1 567
|
1 486
|
1 482
|
1 504
|
1 481
|
1 309
|
1 168
|
1 285
|
1 571
|
2 115
|
2 783
|
3 148
|
3 398
|
3 425
|
2 929
|
2 580
|
2 652
|
2 688
|
2 806
|
2 907
|
2 437
|
2 347
|
|
Income to Minority Interest |
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(4)
|
(3)
|
(3)
|
(2)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
(5)
|
(6)
|
(6)
|
(6)
|
(7)
|
(6)
|
(6)
|
(7)
|
(9)
|
(12)
|
(13)
|
(14)
|
(14)
|
(12)
|
(10)
|
(10)
|
(9)
|
(9)
|
(10)
|
(10)
|
(10)
|
|
Equity Earnings Affiliates |
19
|
20
|
24
|
24
|
21
|
17
|
15
|
17
|
19
|
20
|
25
|
24
|
25
|
25
|
23
|
23
|
21
|
19
|
17
|
12
|
10
|
7
|
7
|
11
|
10
|
8
|
8
|
6
|
13
|
22
|
20
|
14
|
7
|
1
|
(1)
|
(4)
|
(11)
|
(14)
|
(14)
|
(2)
|
11
|
|
Net Income (Common) |
1 447
N/A
|
1 411
-2%
|
1 391
-1%
|
1 333
-4%
|
1 292
-3%
|
1 249
-3%
|
1 024
-18%
|
736
-28%
|
639
-13%
|
566
-11%
|
665
+18%
|
777
+17%
|
906
+17%
|
984
+9%
|
1 188
+21%
|
729
-39%
|
885
+21%
|
995
+12%
|
962
-3%
|
1 543
+60%
|
1 460
-5%
|
1 453
0%
|
1 473
+1%
|
1 486
+1%
|
1 312
-12%
|
1 170
-11%
|
1 286
+10%
|
1 570
+22%
|
2 119
+35%
|
2 793
+32%
|
3 154
+13%
|
3 397
+8%
|
3 418
+1%
|
2 918
-15%
|
2 569
-12%
|
2 639
+3%
|
2 667
+1%
|
2 782
+4%
|
2 883
+4%
|
2 425
-16%
|
2 348
-3%
|
|
EPS (Diluted) |
1.72
N/A
|
1.68
-2%
|
1.66
-1%
|
1.61
-3%
|
1.6
-1%
|
1.56
-3%
|
1.29
-17%
|
0.93
-28%
|
0.81
-13%
|
0.73
-10%
|
0.87
+19%
|
1
+15%
|
1.18
+18%
|
1.28
+8%
|
1.54
+20%
|
0.94
-39%
|
1.14
+21%
|
1.28
+12%
|
1.24
-3%
|
1.99
+60%
|
1.88
-6%
|
1.87
-1%
|
1.9
+2%
|
1.92
+1%
|
1.7
-11%
|
1.52
-11%
|
1.67
+10%
|
2.03
+22%
|
2.74
+35%
|
3.61
+32%
|
4.08
+13%
|
4.39
+8%
|
4.43
+1%
|
3.78
-15%
|
3.33
-12%
|
3.41
+2%
|
3.45
+1%
|
3.6
+4%
|
3.73
+4%
|
3.14
-16%
|
3.04
-3%
|