Southern Copper Gross Margin 2010-2025 | SCCO
- Southern Copper average gross margin for 2024 was 55.17%, a 3.47% increase from 2023.
- Southern Copper average gross margin for 2023 was 53.32%, a 8.42% increase from 2022.
- Southern Copper average gross margin for 2022 was 58.22%, a 4.12% decline from 2021.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.