SOUTHERN COPPER CORP/ (SCCO) Form 8-K — Oct 21, 2026
Southern Copper reported record third-quarter 2026 results: net sales of $4,696.6 million (up 39.1% YoY), net income of $1,801.8 million (up 62.7%), and adjusted EBITDA of $3,040.2 million at a 64.7% margin, all quarterly records. The surge was driven primarily by metal prices — LME copper averaged $6.41/lb, up 44.4% YoY — while copper production slipped 1.1% YoY to 232,396 tonnes on lower ore grades in Peru. The Board authorized a quarterly cash dividend of $1.30 per share plus a stock dividend of 0.0106 shares per share, payable November 19, 2026.
Key figures
- Eps
- 2.15
- Revenue
- 4696.6
- Net Income
- 1801.8
- Total Debt
- 7995.9
- Revenue Yoy
- 39.1%
- Cash Position
- 4823.7
- Shares Outstanding
- 844300000
- Ytd eps
- 6.08
- Ebitda margin
- 64.7%
- Capex 3q26 musd
- 515.8
- Adjusted ebitda yoy
- 53.9%
- El pilar budget musd
- 551
- Lme copper price yoy
- 44.4%
- Stock dividend ratio
- 0.0106 shares per share
- Tia maria completion
- 49.6%
- El pilar capacity ktpy
- 36
- Dividend cash per share
- 1.3
- Tia maria capacity ktpy
- 120
- Tia maria invested musd
- 884.3
- Lme copper price 3q26 usd lb
- 6.41
- Copper production tonnes 3q26
- 232396
- Operating cash cost net per lb
- $0.09
AI analysis
Red flags3 · Pro
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.