SOUTHERN COPPER CORP/ (SCCO)

Materials · Metal Mining · Price $216.28
Updated: Aug 28, 2026
Operating Income (TTM)
$9.0B
Trailing 12 Months
Growth Rate
28.41%
Log-Linear Regression (16Q)
Operating Margin
56.90%
Operational Efficiency
EV/Operating Income
20.2x
Valuation Multiple
Net Income
$5.7B
After Interest & Taxes

📈 Operating Income History (16 Quarters)

🧮 SCCO Operating Income Breakdown

Operating Income = Gross Profit - Operating Expenses (SG&A, R&D, etc.)
Revenue (Top Line) $15.8B
Less: Cost of Revenue → Gross Profit $10.1B
Equals: Operating Income (EBIT) $9.0B
Then: Less Interest & Taxes → Net Income $5.7B

Understanding Operating Income

Operating Income, also known as EBIT (Earnings Before Interest and Taxes), measures a company's profit from its core business operations before financing costs and taxes. For SCCO, the trailing twelve month operating income is $9.0B.

Why Operating Income Matters

Operating income isolates business performance from capital structure decisions (debt vs equity financing) and tax strategies. This makes it ideal for comparing companies with different debt levels or tax situations. It shows how efficiently management runs the core operations.

SCCO's operating income growth rate of 28.41% (based on log-linear regression of 16 quarters) indicates exceptional operational growth with improving efficiency.

Operating Income vs Other Profitability Metrics

Net Income: $5.7B →

The bottom line after interest and taxes. Net income shows the final profit, while operating income excludes financing decisions.

Free Cash Flow: $5.1B →

Actual cash generated after capital expenditures. FCF can differ significantly from operating income due to working capital and capex.

Owner Earnings: $5.8B →

Buffett's measure of true cash generation. Adds back depreciation and subtracts only maintenance capex.

Revenue: $15.8B →

The top line that operating income is derived from. Operating margin shows what percentage becomes operational profit.

Operating Margin Analysis

SCCO's operating margin of 56.90% shows what percentage of revenue converts to operating profit after all operating expenses. Operating margins above 25% are excellent and indicate strong pricing power or operational efficiency.

EV/Operating Income Valuation

The EV/Operating Income ratio of 20.2x shows how the market values SCCO's operational earnings. Ratios between 15-25x suggest investors expect continued growth.

Summary: SCCO Operating Income Trend

SOUTHERN COPPER CORP/ (SCCO) has an operating margin of 56.90%, which Zyberno classifies as excellent for a Materials company — above the 15% threshold Zyberno applies to materials businesses where commodity pricing and production costs determine operating margins, signaling significant pricing power and operational efficiency. Operating income grew at 28.41% annually — significantly above the 20% threshold Zyberno associates with high-growth businesses. For complete financial analysis, view the full SCCO stock report on Zyberno.

Frequently Asked Questions

What is SCCO's current operating income?

SOUTHERN COPPER CORP/'s TTM operating income is $9.0B, growing at 28.41% annually — significantly above the 20% threshold Zyberno associates with high-growth businesses.

Is SCCO's operating income growing?

SOUTHERN COPPER CORP/ (SCCO) has an operating margin of 56.90%, which Zyberno classifies as excellent for a Materials company — above the 15% threshold Zyberno applies to materials businesses where commodity pricing and production costs determine operating margins, signaling significant pricing power and operational efficiency. Operating income grew at 28.41% annually — significantly above the 20% threshold Zyberno associates with high-growth businesses.

What is SCCO's operating margin?

SOUTHERN COPPER CORP/ (SCCO) has an operating margin of 56.90%, which Zyberno classifies as excellent for a Materials company — above the 15% threshold Zyberno applies to materials businesses where commodity pricing and production costs determine operating margins, signaling significant pricing power and operational efficiency. Operating income grew at 28.41% annually — significantly above the 20% threshold Zyberno associates with high-growth businesses.

What is the difference between operating income and EBIT?

Operating income and EBIT (Earnings Before Interest and Taxes) are generally the same metric - both measure profit from core operations before financing costs and taxes. SCCO's EBIT/Operating Income is $9.0B.

How does operating income differ from net income?

Operating income excludes interest expense and income taxes, while net income includes them. SCCO's operating income is $9.0B versus net income of $5.7B. The difference reflects financing costs and tax burden.

📊 Valuation Trilogy
Three interconnected metrics built on Owner Earnings
💎
Intrinsic Value
DCF Fair Value
$219.44
🛡️
Margin of Safety
Valuation Gap
1.4%
🎯
Expected Return
Projected Annual
20.3%
Click any metric for full methodology and detailed analysis

📊 Full SCCO Stock Report

See SCCO's intrinsic value, margin of safety, DCF valuation, and complete financial analysis with 250+ metrics.

💵 SCCO Free Cash Flow

Compare to Free Cash Flow which subtracts all capital expenditures, not just maintenance CapEx.

💰 SCCO Owner Earnings

Compare to Buffett's Owner Earnings metric which uses maintenance CapEx instead of total capital expenditures.

📈 SCCO Earnings Per Share

Analyze EPS trends, P/E ratio, earnings yield, and per-share profitability metrics.

🎯 SCCO Earnings Surprise (SUE)

See whether SCCO is beating or missing its own earnings trend — Standardized Unexpected Earnings and post-earnings drift.

📊 SCCO Revenue

Analyze revenue trends, growth rate, P/S ratio, and top-line sales performance.

💰 SCCO Net Income

Analyze the bottom-line profit, P/E ratio, and net profit margin trends.

🔶 SCCO Operating Income

Analyze EBIT, operating margin, and core business profitability before interest and taxes.

💜 SCCO Gross Profit

Analyze gross margin, pricing power, and profitability before operating expenses.

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