Summary
Southern Copper Corporation (SCCO) reported strong financial performance for the year ended December 31, 2025, driven by record net sales and net income. This growth was primarily fueled by higher metal prices for copper, silver, and molybdenum, coupled with increased sales volumes for by-products like zinc and silver. The company's robust operational execution, including effective cost management, contributed significantly to its profitability. SCCO continues to focus on its organic growth plan to increase copper production and has approved a substantial capital investment program for 2026, signaling confidence in future production and market demand. The company also highlighted its commitment to ESG practices, noting improvements in sustainability ratings and a continued focus on occupational health and safety, which resulted in a reduction in lost-time injuries. The robust cash flow generation supports ongoing capital investments and shareholder returns.
Financial Highlights
52 data points| Revenue | $13.42B |
| Cost of Revenue | $5.36B |
| Gross Profit | $8.06B |
| SG&A Expenses | $137.80M |
| Operating Expenses | $6.42B |
| Operating Income | $7.00B |
| Net Income | $4.33B |
| EPS (Basic) | $5.24 |
| EPS (Diluted) | $5.24 |
| Shares Outstanding (Basic) | 826.60M |
| Shares Outstanding (Diluted) | 826.60M |
Key Highlights
- 1Record net sales of $13,420.0 million in 2025, a 17.4% increase from 2024, driven by higher metal prices and sales volumes.
- 2Net income attributable to SCC reached a record $4,334.9 million in 2025, a 28.4% increase from 2024, attributed to strong operational performance and favorable market conditions.
- 3Copper production for 2025 totaled 2,108.2 million pounds, with by-product production showing significant increases in molybdenum (+7.4%), zinc (+36.1%), and silver (+15.3%).
- 4Operating cash cost per pound of copper net of by-product revenues decreased significantly to $0.58 in 2025 from $0.89 in 2024, primarily due to increased by-product revenues.
- 5Approved capital investment program of $1,925.5 million for 2026 to support organic growth and production expansion.
- 6Strong commitment to ESG practices, with a 14% reduction in employee lost-time injuries in 2025 and continued focus on environmental sustainability, including renewable energy adoption.
- 7Robust liquidity with $4,304.6 million in cash and cash equivalents and $4,909.3 million in short-term investments as of December 31, 2025.