SCCO - Southern Copper Corporation
Price:
--
--
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CONSENSUS:
Hold
DETAILS
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PRICE TARGET:
$144.17
DETAILS
HIGH:
$182.00
LOW:
$118.00
MEDIAN:
$140.50
CONSENSUS:
$144.17
DOWNSIDE:
20.33%
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||
| Revenue | 11,433.4 | 9,895.8 | 10,047.9 | 10,934.1 | 7,984.9 | 7,285.6 | 7,096.7 | 6,654.5 | 5,379.8 | 5,045.9 |
| Cost of Revenue | 5,748.2 | 5,576.3 | 5,487.1 | 4,743.8 | 4,738.0 | 4,400.8 | 4,112.9 | 3,952.7 | 3,721.3 | 3,487.1 |
| Gross Profit | 5,685.2 | 4,319.5 | 4,560.8 | 6,190.3 | 3,246.9 | 2,884.8 | 2,983.8 | 2,701.8 | 1,658.5 | 1,558.8 |
| Operating Expenses | ||||||||||
| R&D Expenses | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| SG&A Expenses | 130.5 | 127.2 | 125.0 | 125.2 | 126.2 | 131.8 | 102.6 | 93.1 | 87.4 | 99.0 |
| Other Expenses | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | (10.2) | 0.0 | 45.0 |
| Operating Expenses | 130.5 | 127.2 | 125.0 | 125.2 | 126.2 | 131.8 | 102.6 | 82.9 | 87.4 | 144.0 |
| Operating Income | ||||||||||
| Operating Income | 5,554.7 | 4,192.3 | 4,435.8 | 6,065.1 | 3,120.7 | 2,753.0 | 2,881.2 | 2,618.9 | 1,571.1 | 1,414.8 |
| Interest Expense | 334.1 | 326.7 | 340.1 | 357.1 | 366.6 | 340.7 | 277.1 | 306.0 | 290.7 | 210.8 |
| Interest Income | 131.4 | 86.6 | 35.0 | 7.2 | 19.2 | 21.2 | 16.0 | 5.5 | 7.1 | 10.9 |
| Profitability | ||||||||||
| EBITDA | 6,537.5 | 5,116.1 | 5,384.2 | 6,859.9 | 3,888.0 | 3,531.6 | 3,540.8 | 3,297.7 | 2,210.9 | 1,924.1 |
| EBIT | 5,691.6 | 4,282.5 | 4,587.9 | 6,053.9 | 3,112.4 | 2,767.2 | 2,866.5 | 2,608.7 | 1,546.7 | 1,400.0 |
| Income Before Tax | 5,363.8 | 3,953.6 | 4,244.1 | 5,710.4 | 2,752.2 | 2,437.2 | 2,601.7 | 2,325.8 | 1,279.9 | 1,206.0 |
| Income Tax Expense | 1,975.2 | 1,518.9 | 1,596.1 | 2,299.2 | 1,174.4 | 945.3 | 1,053.5 | 1,593.4 | 501.1 | 464.9 |
| Net Income | 3,376.7 | 2,425.2 | 2,638.5 | 3,397.1 | 1,570.4 | 1,485.8 | 1,543.0 | 728.5 | 776.5 | 736.4 |
| Per Share Data | ||||||||||
| EPS (Basic) | 4.21 | 3.09 | 3.41 | 4.39 | 2.03 | 1.92 | 2.00 | 0.94 | 1.00 | 0.93 |
| EPS (Diluted) | 4.21 | 3.09 | 3.41 | 4.39 | 2.03 | 1.92 | 2.00 | 0.94 | 1.00 | 0.93 |
| Shares Outstanding | 786.1 | 785.5 | 773.1 | 773.1 | 773.1 | 773.1 | 773.0 | 773.0 | 773.6 | 794.7 |
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||
| Cash & Cash Equivalents | 3,258.1 | 1,151.5 | 2,069.7 | 3,002.0 | 2,183.6 | 1,925.1 | 844.6 | 1,004.8 | 546.0 | 274.5 |
| Short-Term Investments | 245.3 | 599.3 | 208.3 | 486.9 | 410.8 | 80.7 | 213.8 | 50.5 | 51.3 | 603.5 |
| Net Receivables | 1,243.8 | 1,228.3 | 1,473.8 | 1,446.6 | 1,136.6 | 911.8 | 972.6 | 976.4 | 668.5 | 551.2 |
| Inventory | 1,048.9 | 1,016.9 | 1,013.9 | 972.9 | 950.2 | 1,068.5 | 1,032.7 | 1,041.9 | 1,010.4 | 857.2 |
| Other Current Assets | 31.5 | 38.1 | 44.4 | 33.5 | 29.2 | 26.2 | 93.8 | 11.0 | 40.5 | 32.0 |
| Total Current Assets | 6,174.3 | 4,429.5 | 5,187.7 | 6,139.6 | 4,815.2 | 4,184.7 | 3,180.8 | 3,170.1 | 2,566.1 | 2,483.8 |
| Non-Current Assets | ||||||||||
| Property, Plant & Equipment | 10,622.8 | 10,558.3 | 10,448.0 | 10,380.7 | 10,437.7 | 10,417.4 | 9,403.8 | 9,099.6 | 8,766.5 | 8,262.8 |
| Goodwill | 41.9 | 41.9 | 41.9 | 41.9 | 41.9 | 41.9 | 41.9 | 41.9 | 41.9 | 41.4 |
| Intangible Assets | 82.7 | 88.3 | 92.8 | 96.2 | 101.1 | 106.5 | 105.8 | 110.6 | 112.3 | 113.7 |
| Long-Term Investments | 111.9 | 108.2 | 110.8 | 115.4 | 114.3 | 111.9 | 103.6 | 99.7 | 87.5 | 76.1 |
| Other Non-Current Assets | 1,369.3 | 1,243.0 | 1,158.9 | 1,207.6 | 1,206.3 | 1,361.1 | 1,248.8 | 1,093.3 | 932.7 | 1,000.8 |
| Total Non-Current Assets | 12,539.2 | 12,295.8 | 12,089.7 | 12,158.0 | 12,131.3 | 12,222.7 | 11,107.6 | 10,610.0 | 10,668.2 | 10,109.0 |
| Total Assets | 18,713.5 | 16,725.3 | 17,277.4 | 18,297.6 | 16,946.5 | 16,407.4 | 14,484.8 | 13,770.6 | 13,276.6 | 12,527.2 |
| Current Liabilities | ||||||||||
| Account Payables | 615.2 | 652.6 | 657.6 | 591.9 | 594.6 | 598.3 | 673.4 | 659.8 | 584.2 | 646.6 |
| Short-Term Debt | 499.8 | 0.0 | 0.0 | 299.7 | 0.0 | 399.8 | 0.0 | 0.0 | 0.0 | 0.0 |
| Deferred Revenue | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Other Current Liabilities | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | (3.5) |
| Total Current Liabilities | 2,248.1 | 1,388.5 | 1,235.7 | 2,250.0 | 1,384.8 | 1,476.5 | 1,216.3 | 1,168.3 | 999.1 | 916.7 |
| Non-Current Liabilities | ||||||||||
| Long-Term Debt | 5,758.5 | 6,254.6 | 6,251.2 | 6,247.9 | 6,544.2 | 6,541.0 | 5,960.1 | 5,957.1 | 5,954.2 | 5,951.5 |
| Deferred Tax Liabilities | 124.5 | 132.2 | 161.2 | 118.3 | 159.4 | 178.3 | 223.1 | 55.6 | 204.8 | 171.3 |
| Other Non-Current Liabilities | 686.6 | 771.4 | 708.3 | 631.2 | 673.7 | 375.6 | 498.4 | 505.3 | 247.6 | 422.3 |
| Total Non-Current Liabilities | 7,227.2 | 7,855.6 | 7,894.8 | 7,839.8 | 8,285.7 | 8,072.7 | 6,655.6 | 6,452.9 | 6,406.6 | 6,311.3 |
| Total Liabilities | 9,475.3 | 9,244.1 | 9,130.5 | 10,089.8 | 9,670.5 | 9,549.2 | 7,871.9 | 7,621.2 | 7,405.7 | 7,228.0 |
| Stockholders' Equity | ||||||||||
| Common Stock | 8.8 | 8.8 | 8.8 | 8.8 | 8.8 | 8.8 | 8.8 | 8.8 | 8.8 | 8.8 |
| Retained Earnings | 6,839.6 | 7,033.5 | 7,702.3 | 7,769.7 | 6,846.4 | 6,435.6 | 6,186.9 | 5,726.2 | 5,455.3 | 4,812.1 |
| Accumulated Other Comprehensive Income | (2.2) | (8.0) | (9.0) | (9.4) | (8.4) | (10.1) | (2.4) | 0.5 | (2.4) | 1.1 |
| Total Stockholders' Equity | 9,171.6 | 7,418.1 | 8,084.2 | 8,149.2 | 7,224.8 | 6,810.3 | 6,567.5 | 6,107.7 | 5,832.3 | 5,262.9 |
| Total Liabilities & Equity | 18,713.5 | 16,725.3 | 17,277.4 | 18,297.6 | 16,946.5 | 16,407.4 | 14,484.8 | 13,770.6 | 13,276.6 | 12,527.2 |
| Debt Metrics | ||||||||||
| Total Debt | 6,997.7 | 7,030.0 | 7,102.6 | 7,463.9 | 7,523.2 | 7,987.2 | 5,960.1 | 5,957.1 | 5,954.2 | 5,951.5 |
| Net Debt | 3,739.6 | 5,878.5 | 5,032.9 | 4,461.9 | 5,339.6 | 6,062.1 | 5,115.5 | 4,952.3 | 5,408.2 | 5,677.0 |
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Net Income | 3,388.6 | 2,425.2 | 2,648.0 | 3,411.2 | 1,577.8 | 1,491.9 | 1,548.2 | 732.4 | 778.8 | 741.1 |
| Depreciation & Amortization | 845.9 | 833.6 | 796.3 | 806.0 | 775.6 | 764.4 | 674.3 | 671.1 | 647.1 | 510.7 |
| Stock-Based Compensation | 0.0 | 0.0 | 1.6 | 1.3 | 1.3 | 1.3 | 0.6 | 0.6 | 1.2 | 1.0 |
| Change in Working Capital | 238.7 | 310.0 | (838.9) | 190.7 | 483.6 | (347.0) | 22.6 | (101.5) | (393.8) | (209.8) |
| Other Non-Cash Items | 0.7 | 63.4 | 78.2 | 9.5 | 8.6 | 22.3 | 714.7 | 33.1 | 8.0 | (9.0) |
| Operating Cash Flow | 4,421.8 | 3,573.1 | 2,802.5 | 4,292.4 | 2,783.4 | 1,911.9 | 2,235.1 | 1,976.6 | 923.1 | 879.8 |
| Investing Activities | ||||||||||
| Capital Expenditure | (1,027.3) | (1,008.6) | (948.5) | (892.3) | (592.2) | (707.5) | (1,121.4) | (1,023.5) | (1,118.5) | (1,149.6) |
| Acquisitions | 0.0 | 0.0 | 0.0 | 892.3 | 592.2 | 707.5 | 0.0 | 61.3 | 129.8 | (100.4) |
| Purchases of Investments | (611.8) | (808.7) | (486.2) | (1,653.1) | (450.3) | (284.4) | (310.6) | (61.3) | (129.8) | (264.8) |
| Sales/Maturities of Investments | 965.8 | 417.7 | 764.7 | 1,577.0 | 120.2 | 133.1 | 147.3 | 1.0 | 552.1 | 692.1 |
| Other Investing Activities | 0.0 | 1.2 | 3.2 | (896.8) | (585.7) | (422.7) | (11.5) | 3.5 | 114.4 | (638.3) |
| Investing Cash Flow | (673.3) | (1,398.4) | (666.8) | (972.9) | (915.8) | (574.0) | (1,296.2) | (1,019.0) | (452.0) | (1,461.0) |
| Financing Activities | ||||||||||
| Net Debt Issuance | 0.0 | 0.0 | (300.0) | 0.0 | (400.0) | 987.3 | 0.0 | 0.0 | 0.0 | 1,779.8 |
| Stock Repurchased | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | (71.7) | (1,004.4) |
| Dividends Paid | (1,637.2) | (3,092.4) | (2,705.8) | (2,473.8) | (1,159.6) | (1,273.4) | (1,082.3) | (456.1) | (139.3) | (271.2) |
| Other Financing Activities | (8.0) | (8.8) | (5.2) | (6.4) | (3.7) | 23.9 | (1.1) | 0.0 | 0.3 | (12.0) |
| Financing Cash Flow | (1,645.2) | (3,101.2) | (3,011.0) | (2,480.2) | (1,563.1) | (262.2) | (1,083.4) | (456.1) | (210.7) | 492.2 |
| Cash Position | ||||||||||
| Net Change in Cash | 2,106.6 | (918.2) | (932.3) | 818.4 | 258.5 | 1,080.5 | (160.2) | 458.8 | 271.5 | (89.5) |
| Cash at Beginning | 1,151.5 | 2,069.7 | 3,002.0 | 2,183.6 | 1,925.1 | 844.6 | 1,004.8 | 546.0 | 274.5 | 364.0 |
| Cash at End | 3,258.1 | 1,151.5 | 2,069.7 | 3,002.0 | 2,183.6 | 1,925.1 | 844.6 | 1,004.8 | 546.0 | 274.5 |
| Free Cash Flow | 3,394.4 | 2,564.5 | 1,854.0 | 3,400.1 | 2,191.2 | 1,204.4 | 1,113.7 | 953.1 | (195.4) | (269.8) |
| Key Metrics | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||
| Revenue | 11,433.4 | 9,895.8 | 10,047.9 | 10,934.1 | 7,984.9 | 7,285.6 | 7,096.7 | 6,654.5 | 5,379.8 | 5,045.9 |
| Gross Profit | 5,685.2 | 4,319.5 | 4,560.8 | 6,190.3 | 3,246.9 | 2,884.8 | 2,983.8 | 2,701.8 | 1,658.5 | 1,558.8 |
| Operating Income | 5,554.7 | 4,192.3 | 4,435.8 | 6,065.1 | 3,120.7 | 2,753.0 | 2,881.2 | 2,618.9 | 1,571.1 | 1,414.8 |
| Net Income | 3,376.7 | 2,425.2 | 2,638.5 | 3,397.1 | 1,570.4 | 1,485.8 | 1,543.0 | 728.5 | 776.5 | 736.4 |
| EPS (Diluted) | 4.21 | 3.09 | 3.41 | 4.39 | 2.03 | 1.92 | 2.00 | 0.94 | 1.00 | 0.93 |
| Balance Sheet | ||||||||||
| Cash & Equivalents | 3,258.1 | 1,151.5 | 2,069.7 | 3,002.0 | 2,183.6 | 1,925.1 | 844.6 | 1,004.8 | 546.0 | 274.5 |
| Total Assets | 18,713.5 | 16,725.3 | 17,277.4 | 18,297.6 | 16,946.5 | 16,407.4 | 14,484.8 | 13,770.6 | 13,276.6 | 12,527.2 |
| Total Debt | 6,997.7 | 7,030.0 | 7,102.6 | 7,463.9 | 7,523.2 | 7,987.2 | 5,960.1 | 5,957.1 | 5,954.2 | 5,951.5 |
| Stockholders' Equity | 9,171.6 | 7,418.1 | 8,084.2 | 8,149.2 | 7,224.8 | 6,810.3 | 6,567.5 | 6,107.7 | 5,832.3 | 5,262.9 |
| Cash Flow | ||||||||||
| Operating Cash Flow | 4,421.8 | 3,573.1 | 2,802.5 | 4,292.4 | 2,783.4 | 1,911.9 | 2,235.1 | 1,976.6 | 923.1 | 879.8 |
| Capital Expenditure | (1,027.3) | (1,008.6) | (948.5) | (892.3) | (592.2) | (707.5) | (1,121.4) | (1,023.5) | (1,118.5) | (1,149.6) |
| Free Cash Flow | 3,394.4 | 2,564.5 | 1,854.0 | 3,400.1 | 2,191.2 | 1,204.4 | 1,113.7 | 953.1 | (195.4) | (269.8) |