Southern Copper (SCCO)

Basic Materials · Copper
$204.26 -0.50% on the day Market cap $150.1B 52-week range $115.74 to $220.78 Prices as of Oct 7, 2026

What the price implies

A reverse DCF: instead of guessing a fair value, it asks what growth today's price already assumes. How it works.

Free cash flow growth the price needs
15% a year for 10 years

At a market value of $150.1B, Southern Copper's free cash flow of $3.4B (fiscal 2025) would need to grow about 15% a year for the stock to be worth today's price. That is close to what the company has delivered over the last 8 years.

Assumes a 9% discount rate and 3% growth after year 10, on free cash flow (operating cash flow minus capital spending) from Southern Copper's SEC filings. Change any assumption, or model revenue and margins instead, in the Modeling tab, or try your own numbers in the reverse DCF calculator.

Implied by the price15.3% a year
Free cash flow, last 8 years17.3% a year
Revenue, same period10.7% a year
Price to free cash flow43.8x

Fundamental grade

B

Five factors scored 1 to 9 from SCCO's latest numbers, weighted into one grade. It describes the business, not whether the stock is a buy.

Valuation3
Profitability9
Growth9
Financial health7
Cash efficiency9

Key numbers

P/E (trailing)30.4x
P/E (forward)41.3x
Price / free cash flow43.8x
EV / EBITDA16.9x
Price / sales9.51x
Price / book13.8x
Revenue growth+40.6%
Operating margin56.9%
Net margin35.9%
Return on equity44.8%
Dividend yield1.8%
Debt / equity0.90x

Results from SEC filings

Fiscal years, from Southern Copper's 10-K filings. The deep dive has 15+ years, quarters and every line.

Fiscal year20212022202320242025
Revenue$10.9B$10.0B$9.9B$11.4B$13.4B
Net income$3.4B$2.6B$2.4B$3.4B$4.3B
Free cash flow$3.4B$1.9B$2.6B$3.4B$3.4B
EPS (diluted)$4.39$3.41$3.05$4.21$5.24
Operating margin55.5%44.1%42.4%48.6%52.2%

Where the revenue comes from

Revenue by segments, fiscal 2025.

Mexican Open-Pit$7.6B56%
Peruvian Operations$5.2B38%
Mexican IMMSA Unit$808M6%

Superinvestors who own SCCO

From each investor's latest 13F filing (what a 13F shows). 5 of the investors we track hold it.

InvestorLast quarterValue% of portfolioQuarter
Joel Greenblatt
Gotham Asset Management
Added $76M0.18%Q2 2026
Stanley Druckenmiller
Duquesne Family Office
Added $21M0.41%Q2 2026
Cliff Asness
AQR Capital Management
Added $14M0.00%Q2 2026
Steven Romick
First Pacific Advisors
Added $1M0.02%Q2 2026
Ron Baron
Baron Capital (BAMCO)
New position $906,6750.00%Q2 2026

Insider buying

Open-market purchases by Southern Copper's executives and directors in the last 12 months, from SEC Form 4 filings. What insider buying tells you.

No open-market insider purchases of SCCO in the last 12 months. Most insider activity is selling and option exercises, which aren't shown here.

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In the full deep dive

DCF fair value per share
Yearly return (IRR) at today's price
Growth implied by revenue and margins
15+ years of statements and quarters

Questions

What growth does Southern Copper's stock price imply?

At a market value of $150.1B, Southern Copper would need its free cash flow to grow about 15% a year for 10 years (discounted at 9%, 3% growth after that) to be worth today's price. Over the last 8 years its free cash flow grew 17% a year.

Are Southern Copper insiders buying the stock?

No open-market insider purchases of SCCO in the last 12 months, according to SEC Form 4 filings.

Which superinvestors own Southern Copper?

5 of the superinvestors Investingly tracks hold SCCO in their latest 13F, including Joel Greenblatt, Stanley Druckenmiller, Cliff Asness.

Prices and ratios as of Oct 7, 2026; statements from SEC filings. Information only, not investment advice. Superinvestor holdings come from 13F filings, which are filed up to 45 days after each quarter ends.