Southern Copper (BUE:SCCO) Tax Rate % : 36.64% (As of Mar. 2024)

View and export this data going back to . Start your Free Trial

What is Southern Copper Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Southern Copper's Tax Expense for the three months ended in Mar. 2024 was ARS356,715 Mil. Southern Copper's Pre-Tax Income for the three months ended in Mar. 2024 was ARS973,509 Mil. Therefore, Southern Copper's Tax Rate % for the quarter that ended in Mar. 2024 was 36.64%.

Southern Copper Tax Rate % Historical Data

The historical data trend for Southern Copper's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Southern Copper Tax Rate % Chart

Southern Copper Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

Get a 7-Day Free Trial

38.96

42.77

40.36

37.57

38.40

Southern Copper Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															36.88	34.73	38.85	44.26	36.64

Southern Copper Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Southern Copper's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	548322.9	/	1428043.801
	=	38.40 %

Southern Copper's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	356714.506	/	973508.767
	=	36.64 %

Southern Copper Tax Rate % Related Terms

Thank you for viewing the detailed overview of Southern Copper's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

Southern Copper (BUE:SCCO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Southern Copper Corp (BUE:SCCO) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

SCCO:USA SCCO:Peru SCCO:Mexico PCU:Germany

Address

7310 North 16th Street, Suite 135, Phoenix, AZ, USA, 85020

Website

https://www.southerncoppercorp.com

Southern Copper Corp is an integrated producer of copper and other minerals and operates the mining, smelting, and refining facilities in Peru and Mexico. Its production includes copper, molybdenum, zinc, and silver. The company operates through the following segments: Peruvian operations, Mexican open-pit operations, and Mexican underground mining operations. Southern Copper generates the majority of its revenue from the sale of copper and the rest from the sale of non-copper products, such as molybdenum, silver, zinc, lead, and gold. Its geographical segments are The Americas, Europe, and Asia.