Southern Net Income from 2010 to 2026

SCCO Stock  USD 207.93  9.75  4.92%   
Southern Copper Net Income yearly trend continues to be very stable with very little volatility. Net Income is likely to grow to about 4.6 B this year. During the period from 2010 to 2026, Southern Copper Net Income quarterly data regression pattern had sample variance of 1599450.5 T and median of  1,618,517,000. View All Fundamentals
 
Net Income  
First Reported
1995-03-31
Previous Quarter
1.1 B
Current Value
1.3 B
Quarterly Volatility
301 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Check Southern Copper financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Southern Copper's main balance sheet or income statement drivers, such as Depreciation And Amortization of 911.8 M, Interest Expense of 211.4 M or Total Revenue of 14.1 B, as well as many indicators such as Price To Sales Ratio of 9.41, Dividend Yield of 0.0203 or PTB Ratio of 11.44. Southern financial statements analysis is a perfect complement when working with Southern Copper Valuation or Volatility modules.
  
Build AI portfolio with Southern Stock
Check out the analysis of Southern Copper Correlation against competitors.
To learn how to invest in Southern Stock, please use our How to Invest in Southern Copper guide.
Evaluating Southern Copper's Net Income across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Southern Copper's fundamental strength.

Latest Southern Copper's Net Income Growth Pattern

Below is the plot of the Net Income of Southern Copper over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Southern Copper financial statement analysis. It represents the amount of money remaining after all of Southern Copper operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Southern Copper's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Southern Copper's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 3.39 B10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

Southern Net Income Regression Statistics

Arithmetic Mean2,059,117,118
Geometric Mean1,642,595,528
Coefficient Of Variation61.42
Mean Deviation1,017,252,844
Median1,618,517,000
Standard Deviation1,264,693,839
Sample Variance1599450.5T
Range4.3B
R-Value0.75
Mean Square Error739924.4T
R-Squared0.57
Significance0.0005
Slope188,468,684
Total Sum of Squares25591208.1T

Southern Net Income History

20264.6 B
20254.3 B
20243.4 B
20232.4 B
20222.6 B
20213.4 B
20201.6 B

Other Fundumenentals of Southern Copper

Southern Copper Net Income component correlations

About Southern Copper Financial Statements

Southern Copper investors utilize fundamental indicators, such as Net Income, to predict how Southern Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Net Income3.9 B4.1 B
Net Income Applicable To Common SharesB3.2 B
Net Income From Continuing Ops3.9 B2.2 B
Net Income Per Share 5.17  5.43 
Net Income Per E B T 0.64  0.70 

Pair Trading with Southern Copper

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Southern Copper position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Southern Copper will appreciate offsetting losses from the drop in the long position's value.

Moving together with Southern Stock

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Moving against Southern Stock

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The ability to find closely correlated positions to Southern Copper could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Southern Copper when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Southern Copper - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Southern Copper to buy it.
The correlation of Southern Copper is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Southern Copper moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Southern Copper moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Southern Copper can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Southern Copper offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Southern Copper's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Southern Copper Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Southern Copper Stock:
Check out the analysis of Southern Copper Correlation against competitors.
To learn how to invest in Southern Stock, please use our How to Invest in Southern Copper guide.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Will Metals & Mining sector continue expanding? Could Southern diversify its offerings? Factors like these will boost the valuation of Southern Copper. If investors know Southern will grow in the future, the company's valuation will be higher. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Southern Copper data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth
0.215
Earnings Share
5.24
Revenue Per Share
15.091
Quarterly Revenue Growth
0.152
Return On Assets
0.2
Understanding Southern Copper requires distinguishing between market price and book value, where the latter reflects Southern's accounting equity. The concept of intrinsic value—what Southern Copper's is actually worth based on fundamentals—guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push Southern Copper's price substantially above or below its fundamental value.
Please note, there is a significant difference between Southern Copper's value and its price as these two are different measures arrived at by different means. Investors typically determine if Southern Copper is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. In contrast, Southern Copper's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.