Southern Operating Income from 2010 to 2026
| SCCO Stock | USD 190.35 5.62 2.87% |
Operating Income | First Reported 1995-03-31 | Previous Quarter 1.8 B | Current Value 2.1 B | Quarterly Volatility 482 M |
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 911.9 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.
Southern | Operating Income | Build AI portfolio with Southern Stock |
Evaluating Southern Copper's Operating 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 Operating Income Growth Pattern
Below is the plot of the Operating Income of Southern Copper over the last few years. Operating Income is the amount of profit realized from Southern Copper operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Southern Copper is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. Southern Copper's Operating 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.
| Operating Income | 10 Years Trend |
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Operating Income |
| Timeline |
Southern Operating Income Regression Statistics
| Arithmetic Mean | 3,629,715,941 | |
| Geometric Mean | 3,154,343,566 | |
| Coefficient Of Variation | 52.49 | |
| Mean Deviation | 1,508,574,630 | |
| Median | 3,120,700,000 | |
| Standard Deviation | 1,905,122,676 | |
| Sample Variance | 3629492.4T | |
| Range | 6.4B | |
| R-Value | 0.79 | |
| Mean Square Error | 1435812.4T | |
| R-Squared | 0.63 | |
| Significance | 0.0001 | |
| Slope | 299,242,066 | |
| Total Sum of Squares | 58071878.6T |
Southern Operating Income History
Other Fundumenentals of Southern Copper
Southern Copper Operating Income component correlations
Click cells to compare fundamentals
About Southern Copper Financial Statements
Southern Copper investors utilize fundamental indicators, such as Operating 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 Reported | Projected for Next Year | ||
| Operating Income | 7 B | 7.4 B | |
| Non Operating Income Net Other | 2.2 M | 3.1 M |
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
| 0.82 | B | Barrick Mining Symbol Change | PairCorr |
| 0.84 | AA | Alcoa Corp Downward Rally | PairCorr |
| 0.87 | AP | Ampco Pittsburgh | PairCorr |
| 0.85 | AU | AngloGold Ashanti plc | PairCorr |
| 0.87 | HL | Hecla Mining | PairCorr |
Moving against Southern Stock
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.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 CEOs Directory module to screen CEOs from public companies around the world.
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 0.604 | Dividend Share 3.034 | Earnings Share 4.76 | Revenue Per Share | Quarterly Revenue Growth 0.39 |
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.