Southern Copper Corporation (SCCO)财务
NYSE · Basic Materials · Copper · 员工16,617人 · CEO Leonardo Contreras Lerdo de Tejada
- 股价
- $177.53 -7.42%
- 市值
- $1500亿
- 企业价值
- $1540亿
- 最近财报
- Q3 '26 2026-10-30提交
- 下次财报
- 2027-01-27 EPS预期 $2.03
营收(TTM)$171亿+38.7% 对比去年同期最近4个季度;柱状图=各季度
营业利润率(TTM)58.6%+8.4 百分点 对比去年同期营业利润 $100亿
净利润(TTM)$63.6亿+66.5% 对比去年同期税后,含营业外收益
自由现金流(TTM)$64.6亿+85.7% 对比去年同期资本支出 $9.38亿
稀释EPS(TTM)$7.64+61.5% 对比去年同期最近4个季度之和
净现金-$4.46亿+84.7% 对比去年同期现金 + 短期投资 - 债务
估值与关键数据
- 市值
- $1500亿 EV $1540亿
- 营收
- $171亿 过去12个月
- 营收增速
- +29% FY2026年一致预期
- 净利润率
- 37.2% 净利润 / 营收,TTM
- P/E
- 23.2× 预期 22.2×(FY2026)
- P/S
- 8.8× 股价 / 营收,TTM
- EV / EBITDA
- 14.2× TTM
- 自由现金流
- $64.6亿 过去12个月
- 净利润
- $63.6亿 过去12个月
- 营收预期
- $173亿 FY2026年一致预期
- 盈利
- 2027-01-27 营收预期 $44.5亿
- 股息
- $3.91 每股,过去12个月
核心要点
根据披露数据计算,每条结论都附有其依据的数字。
- 最近财报(2026-10-21):营收超预期4.6%,EPS 超预期6.4%营收$47亿,预期$44.9亿(+4.6%);EPS $2.15,预期$2.02(+6.4%)。
- 营收增长加速:同比39.1%Q3 '26营收$47亿,此前四个季度的平均值为32.7%。
- 营业利润率58.6%(TTM),较去年同期+8.4 百分点营收增长38.7%,营业利润增长61.8%。
- 资本支出占营收的5.5%(去年为9.2%)最近4个季度投入$9.38亿(同比-17.5%)。自由现金流$64.6亿,相当于净利润的101.6%。
- 股东回报$32.9亿 = 自由现金流的51.0%回购$0(去年为$0),股息$32.9亿,股权激励$0(TTM)。
- 稀释股数一年内增加1.9%Q3 '26稀释股数8.38亿,一年前为8.23亿。
- 净债务 $4.46亿现金 + 短期投资 $80.6亿,含租赁债务 $85.1亿;一年前净债务 $29.1亿。
上一季度:Q3 '26
截至2026-09-30的季度。与去年同期及财报发布前的分析师一致预期对比。
本季度与去年同期
| Q3 '26 | 去年同期 | 变化 | |
|---|---|---|---|
| 营收 | $47亿 | $33.8亿 | +39.1% |
| 毛利率 | 66.0% | 59.8% | +6.1 百分点 |
| 营业利润 | $28.2亿 | $17.7亿 | +59.2% |
| 营业利润率 | 59.9% | 52.4% | +7.6 百分点 |
| 净利润 | $18亿 | $11.1亿 | +62.7% |
| 稀释EPS | $2.15 | $1.34 | +60.4% |
| 经营现金流 | $22.2亿 | $15.6亿 | +42.6% |
| 资本支出 | $5.16亿 | $3.49亿 | +47.7% |
| 自由现金流 | $17.1亿 | $12.1亿 | +41.2% |
| R&D | $0 | $0 | – |
| 股权激励费用 | $0 | $0 | – |
实际 vs 一致预期
2026-10-21| 实际 | 一致预期 | 对比预期 | |
|---|---|---|---|
| 营收 | $47亿 | $44.9亿 | +4.6% |
| EPS(一致预期口径) | $2.15 | $2.02 | +6.4% |
来自2026-10-21发布的Q3 '26财报：营收及分析师预期口径的EPS（通常为调整后），可能与上方报表中的EPS不同。
EPS与一致预期
最近8次财报营收
收入从何而来,按业务线和地区逐季展示。
营收、营业利润与增速
季度按业务线划分的营收
堆叠,季度| 分部 | Q3 '26 | 同比 | 占比 | TTM | TTM同比 | 12个季度 |
|---|---|---|---|---|---|---|
| Copper | $34.6亿 | +41.3% | 73.6% | $125亿 | +35.0% | |
| Molybdenum | $5.7亿 | +31.2% | 12.1% | $18.1亿 | +30.3% | |
| Silver | $3.41亿 | +36.3% | 7.3% | $15.9亿 | +100.1% | |
| Zinc | $1.7亿 | +34.5% | 3.6% | $6.36亿 | +27.8% | |
| Other | $1.57亿 | +32.2% | 3.3% | $6.17亿 | +42.6% |
按地区划分的营收
占总额比例| 分部 | Q3 '26 | 同比 | 占比 | TTM | TTM同比 | 12个季度 |
|---|---|---|---|---|---|---|
| MEXICO | $13.3亿 | +47.0% | 43.5% | $42.8亿 | +35.2% | |
| Europe | $2.66亿 | -71.5% | 8.7% | $28.4亿 | -17.5% | |
| United States | $5.73亿 | +18.1% | 18.7% | $24.6亿 | +48.4% | |
| China | – | – | – | – | – | |
| Asia | $5720万 | -80.2% | 1.9% | $8.38亿 | -31.1% | |
| PERU | $3.96亿 | +90.6% | 12.9% | $12.5亿 | +55.3% | |
| CHILE | $2.35亿 | +48.8% | 7.7% | $7.4亿 | +45.5% | |
| BRAZIL | $2.03亿 | +101.0% | 6.6% | $7.73亿 | +46.8% |
分部利润
取自每份10-Q / 10-K分部附注的各披露分部营业利润(多数数据源缺少的利润拆分)。
Q3 '26分部
| 分部 | 营收 | 同比 | 营业利润 | 同比 | 利润率 | 去年同期利润率 | TTM营业利润 |
|---|---|---|---|---|---|---|---|
| Mexican Open Pit | – | – | $17.4亿 | +63.5% | – | – | $60.3亿 |
| Mexican IMMSA Unit | – | – | $7630万 | +64.8% | – | – | $3.85亿 |
| Peruvian Operations | – | – | $10.1亿 | +50.9% | – | – | $36.6亿 |
| Corporate And Eliminations | – | – | -$1100万 | 0.0% | – | – | -$4700万 |
各分部营业利润
季度各分部营业利润率
季度第四季度为推算值:10-K披露全年数据,减去10-Q的前三个季度。
利润率与成本结构
每一单位营收在各层级还剩多少,成本又花在哪里。
利润率
季度成本占营收比例
季度现金流与资本配置
创造了多少现金,用在何处,又有多少回到股东手中。
经营现金流、资本支出、自由现金流
季度现金用途与经营现金流
财年最近4个季度
现金流量表- 经营现金流
- $74亿
- 资本支出
- -$9.38亿
- 股票回购
- $0
- 股息
- -$32.9亿
- 收购
- $0
- 债务净发行
- $0
- 股权激励费用
- $0
- 自由现金流
- $64.6亿
- 股东回报 / FCF
- 51.0%
股数与EPS
季度,稀释资产负债表
各季度末的流动性、投资和债务。
现金、投资与债务
季度末估值与回报
当前估值倍数与公司自身过去五个财年对比;分析师目标价与评级。
估值倍数与回报
TTM与过去5个财年| 当前 | 5年均值 | 当前处于5年区间的位置 | |
|---|---|---|---|
| P/E(TTM) | 23.2× | 20.8× | 13.2× – 27.1× |
| EV / EBITDA | 14.2× | 11.2× | 7.2× – 15.2× |
| EV / 营收 | 9.0× | 6.4× | 4.5× – 9.1× |
| 股价 / FCF | 23.2× | 23.3× | 13.2× – 34.7× |
| 股价 / 净资产 | 11.0× | 7.6× | 5.4× – 10.8× |
| FCF收益率 | 4.3% | 4.7% | 2.9% – 7.6% |
| 投入资本回报率 | 28.2% | 19.9% | 16.7% – 23.1% |
| 净资产收益率 | 52.0% | 36.6% | 32.6% – 41.7% |
分析师
一致目标价 $169.60 (-4.5%)
区间 $140.00 – $193.00 · 评级 Hold
强烈买入0
买入3
持有14
卖出12
强烈卖出0
展望
分析师对未来财年的一致预期,以及按当前股价意味着什么。
一致预期
| 财年 | 营收 | 增速 | EPS | 增速 | 按当前股价的P/E | 分析师(EPS) |
|---|---|---|---|---|---|---|
| FY2026 | $173亿 | +29.2% | $7.98 | +52.3% | 22.2× | 9 |
| FY2027 | $169亿 | -2.6% | $7.57 | -5.2% | 23.5× | 9 |
| FY2028 | $169亿 | -0.1% | $7.26 | -4.1% | 24.5× | 8 |
| FY2029 | $197亿 | +17.0% | $8.18 | +12.7% | 21.7× | 5 |
| FY2030 | $191亿 | -3.1% | $8.94 | +9.2% | 19.9× | 5 |
财务报表
利润表、资产负债表和现金流量表的每一项,含12个季度和10个财年,以金额、占营收比例或增速展示。
全部披露项目
Southern Copper Corporation在近期10-Q / 10-K文件中标记的全部203项数据,附SEC官方标签和定义,包括附注(租赁、税务、回购、员工等)。
| 项目(SEC标签) | 最近季度 | 去年同期 | 同比 | 最近财年 | 上一财年 | 同比 |
|---|---|---|---|---|---|---|
| Accounts Payable, Current | $9.93亿 | $7.39亿 | +34.3% | $8.62亿 | $6.15亿 | +40.0% |
| Accounts Receivable, after Allowance for Credit Loss, Current | $23.5亿 | $17.2亿 | +36.5% | $19.5亿 | $11.9亿 | +64.0% |
| Accrued Income Taxes, Current | $10.2亿 | $3.98亿 | +155.0% | $6.34亿 | $6.35亿 | -0.1% |
| Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment | $111亿2025-12-31 | $105亿 | +6.3% | $111亿 | $105亿 | +6.3% |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | $830万 | -$220万 | +477.3% | $830万 | -$220万 | +477.3% |
| Additional Paid in Capital, Common Stock | $112亿 | $65.2亿 | +72.4% | $72.6亿 | $50.3亿 | +44.4% |
| Amortization of Intangible Assets | – | – | – | $750万 | $910万 | -17.6% |
| Asset Retirement Obligation | $4.96亿 | $4.58亿 | +8.3% | $4.71亿 | $5.46亿 | -13.7% |
| Asset Retirement Obligation, Accretion Expense | $710万 | $600万 | +18.3% | $3300万 | $2570万 | +28.4% |
| Asset Retirement Obligation, Liabilities Incurred | – | – | – | $530万 | $2460万 | -78.5% |
| Asset Retirement Obligation, Liabilities Settled | $200万 | – | – | $100万 | – | – |
| Asset Retirement Obligation, Revision of Estimate | $0 | -$5820万 | +100.0% | -$1.12亿 | -$1.17亿 | +3.6% |
| Asset Retirement Obligations, Noncurrent | $4.96亿 | $4.58亿 | +8.3% | $4.71亿 | $5.46亿 | -13.7% |
| Assets | $256亿 | $203亿 | +25.9% | $214亿 | $187亿 | +14.3% |
| Assets, Current | $119亿 | $76.7亿 | +54.6% | $83.5亿 | $61.7亿 | +35.3% |
| Capital Expenditures Incurred but Not yet Paid | – | – | – | $8500万 | $1980万 | +329.3% |
| Cash and Cash Equivalents, at Carrying Value | $48.2亿 | $39.5亿 | +22.1% | $43亿 | $32.6亿 | +32.1% |
| Cash, Cash Equivalents, and Short-term Investments | $49.1亿2025-12-31 | $35亿 | +40.1% | $49.1亿 | $35亿 | +40.1% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $48.2亿 | $39.5亿 | +22.1% | $43亿 | $32.6亿 | +32.1% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | -$8.41亿 | $6.15亿 | -236.9% | $10.5亿 | $21.1亿 | -50.3% |
| Common Stock Dividends, Shares | 1000万 | – | – | 2870万 | 1730万 | +65.9% |
| Common Stock, Dividends, Per Share, Cash Paid | $3.10 | $2.20 | +40.9% | $3.10 | $2.10 | +47.6% |
| Common Stock, Par or Stated Value Per Share | $0.01 | $0.01 | 0.0% | $0.01 | $0.01 | 0.0% |
| Common Stock, Shares Authorized | 20亿 | 20亿 | 0.0% | 20亿 | 20亿 | 0.0% |
| Common Stock, Shares, Issued | 8.85亿 | 8.85亿 | 0.0% | 8.85亿 | 8.85亿 | 0.0% |
| Common Stock, Value, Issued | $880万 | $880万 | 0.0% | $880万 | $880万 | 0.0% |
| Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest | $520万 | $330万 | +57.6% | $1330万 | $1180万 | +12.7% |
| Comprehensive Income (Loss), Net of Tax, Attributable to Parent | $18亿 | $11.1亿 | +62.7% | $43.5亿 | $33.8亿 | +28.5% |
| Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest | $18.1亿 | $11.1亿 | +62.7% | $43.6亿 | $33.9亿 | +28.4% |
| Cost of Revenue | $16亿 | $13.6亿 | +17.9% | $53.6亿 | $48.4亿 | +10.7% |
| Costs and Expenses | $18.8亿 | $16.1亿 | +17.0% | $64.2亿 | $58.8亿 | +9.2% |
| Current Federal, State and Local, Tax Expense (Benefit) | – | – | – | -$480万2024-12-31 | $460万 | -204.3% |
| Current Foreign Tax Expense (Benefit) | – | – | – | $24.6亿 | $19.9亿 | +24.0% |
| Debt Instrument, Face Amount | $68.5亿2025-12-31 | $63.5亿 | +7.9% | $68.5亿 | $63.5亿 | +7.9% |
| Debt Instrument, Unamortized Discount | $6230万2025-12-31 | $5900万 | +5.6% | $6230万 | $5900万 | +5.6% |
| Debt Issuance Costs, Net | $3820万2025-12-31 | $3390万 | +12.7% | $3820万 | $3390万 | +12.7% |
| Debt Securities, Available-for-sale | $10万2025-12-31 | $20万 | -50.0% | $10万 | $20万 | -50.0% |
| Debt Securities, Available-for-sale, Current | $10万 | $10万 | 0.0% | $10万 | $20万 | -50.0% |
| Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year 10 | $10万2025-12-31 | $20万 | -50.0% | $10万 | $20万 | -50.0% |
| Debt Securities, Trading, and Equity Securities, FV-NI | $32.4亿 | $5.76亿 | +462.5% | $6.05亿 | $2.45亿 | +146.5% |
| Deferred Foreign Income Tax Expense (Benefit) | – | – | – | -$3390万 | -$5220万 | +35.1% |
| Deferred Income Tax Assets, Net | $4.02亿 | $2.75亿 | +46.4% | $3.36亿 | $3.11亿 | +8.3% |
| Deferred Income Tax Expense (Benefit) | -$7380万 | -$2040万 | -261.8% | -$3390万 | -$5220万 | +35.1% |
| Deferred Income Tax Liabilities, Net | $1.04亿 | $1.31亿 | -20.6% | $1.31亿 | $1.25亿 | +4.8% |
| Deferred Other Tax Expense (Benefit) | – | – | – | -$3390万 | -$5220万 | +35.1% |
| Deferred Tax Assets, Inventory | $8720万2025-12-31 | $5720万 | +52.4% | $8720万 | $5720万 | +52.4% |
| Deferred Tax Assets, Net | $2.06亿2025-12-31 | $1.86亿 | +10.6% | $2.06亿 | $1.86亿 | +10.6% |
| Deferred Tax Assets, Net of Valuation Allowance | $4.11亿2025-12-31 | $3.83亿 | +7.3% | $4.11亿 | $3.83亿 | +7.3% |
| Deferred Tax Assets, Other | $1280万2025-12-31 | $1130万 | +13.3% | $1280万 | $1130万 | +13.3% |
| Deferred Tax Assets, Tax Credit Carryforwards, Foreign | $23.8亿2025-12-31 | $21.7亿 | +9.6% | $23.8亿 | $21.7亿 | +9.6% |
| Deferred Tax Assets, Tax Credit Carryforwards, Other | $02025-12-31 | $0 | – | $0 | $0 | – |
| Deferred Tax Assets, Tax Deferred Expense, Compensation and Benefits | $1000万2025-12-31 | $840万 | +19.0% | $1000万 | $840万 | +19.0% |
| Deferred Tax Assets, Tax Deferred Expense, Reserves and Accruals | $2.68亿2025-12-31 | $2.84亿 | -5.7% | $2.68亿 | $2.84亿 | -5.7% |
| Deferred Tax Assets, Valuation Allowance | $27.5亿2025-12-31 | $25.5亿 | +7.9% | $27.5亿 | $25.5亿 | +7.9% |
| Deferred Tax Liabilities, Gross | $2.05亿2025-12-31 | $1.97亿 | +4.2% | $2.05亿 | $1.97亿 | +4.2% |
| Deferred Tax Liabilities, Other | $6730万2025-12-31 | $7190万 | -6.4% | $6730万 | $7190万 | -6.4% |
| Deferred Tax Liabilities, Property, Plant and Equipment | $1.11亿2025-12-31 | $1.15亿 | -3.1% | $1.11亿 | $1.15亿 | -3.1% |
| Depreciation, Depletion and Amortization | $2.3亿 | $2.08亿 | +10.9% | $8.68亿 | $8.46亿 | +2.7% |
| Earnings Per Share, Basic | $2.15 | $1.32 | +62.9% | $5.24 | $4.21 | +24.5% |
| Earnings Per Share, Diluted | $2.15 | $1.32 | +62.9% | $5.24 | $4.21 | +24.5% |
来源:SEC companyfacts(每份10-Q / 10-K的XBRL)。现金流量表的季度数据由10-Q标记的年初至今累计数推算。分部拆分带有维度标记,在分部章节中单独展示。
数据来源
报表、分部营收、指标、预期:Financial Modeling Prep。分部利润及全部披露项目:SEC EDGAR(XBRL)。 已读取的文件: 10-Q 2026-09-30, 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30
数据截至 2026-11-01