Southern Copper
SCCO
Operating Margin for Southern Copper (SCCO)
Operating Margin as of April 2024 (TTM): 42.34%
According to Southern Copper's latest financial reports and stock price the company's current Operating Margin is 42.34%. At the end of 2022 the company had an Operating Margin of 45.82%.
Operating Margin history for Southern Copper from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 45.82% | -17.24% |
| 2021 | 55.37% | 42.05% |
| 2020 | 38.98% | 2.62% |
| 2019 | 37.98% | -5.97% |
| 2018 | 40.39% | 3.03% |
| 2017 | 39.20% | 36.36% |
| 2016 | 28.75% | 3.62% |
| 2015 | 27.75% | -27.25% |
| 2014 | 38.14% | -11.64% |
| 2013 | 43.16% | -8.5% |
| 2012 | 47.17% | -11.52% |
| 2011 | 53.31% | 5.94% |
| 2010 | 50.32% | 24.92% |
| 2009 | 40.28% | -11.26% |
| 2008 | 45.39% | -21.39% |
| 2007 | 57.74% | 3.18% |
| 2006 | 55.96% | 9.88% |
| 2005 | 50.93% | -5.74% |
| 2004 | 54.03% | 98.94% |
| 2003 | 27.16% | 51.71% |
| 2002 | 17.90% | 31.93% |
| 2001 | 13.57% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 BHP Group BHP | 51.66% | 22.01% | 🇦🇺 Australia |
 Freeport-McMoRan FCX | 23.79% | -43.81% | 🇺🇸 USA |
 Rio Tinto RIO | 36.92% | -12.80% | 🇬🇧 UK |
 Buenaventura Mining Company BVN | 5.02% | -88.14% | Peru |
 Grupo México
GMBXF | 43.00% | 1.56% | 🇲🇽 Mexico |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.