Southern Copper Stock vs Competition: Who Wins?
Southern Copper (SCCO) stock has significantly outperformed its peers over the past year, but how does this commodity giant truly stack up against its tech-focused counterparts? An analysis as of 12/26/2025 reveals SCCO’s robust profitability with leading operating and free cash flow margins, coupled with solid revenue growth and a moderate P/E. However, despite robust copper demand from electrification and AI, its upside remains sensitive to commodity price volatility and mixed analyst sentiment.
- Operating: SCCO’s 50.3% margin, highest among peers, highlights robust copper pricing power and efficient mining costs over tech services.
- Growth: SCCO’s 12.7% LTM revenue growth, outpacing most tech firms, signals strong copper demand, though trailing HPE’s AI-driven surge.
- Valuation: SCCO’s 62.8% gain and 32.2 PE, outperforming peers, reflect investor optimism in future copper scarcity and sustained commodity prices.
Here’s how Southern Copper stacks up across size, valuation, and profitability versus key peers.
| SCCO | HPQ | HPE | IBM | CSCO | AAPL | |
|---|---|---|---|---|---|---|
| Market Cap ($ Bil) | 123.0 | 21.9 | 32.6 | 284.9 | 309.2 | 4,074.4 |
| Revenue ($ Bil) | 12.3 | 55.3 | 34.3 | 65.4 | 57.7 | 408.6 |
| PE Ratio | 32.2 | 8.6 | 572.7 | 36.0 | 29.9 | 41.0 |
| LTM Revenue Growth | 12.7% | 3.2% | 13.8% | 4.5% | 8.9% | 6.0% |
| LTM Operating Margin | 50.3% | 6.6% | 4.8% | 17.7% | 22.5% | 31.9% |
| LTM FCF Margin | 28.2% | 5.1% | 1.8% | 18.1% | 22.1% | 23.5% |
| 12M Market Return | 62.8% | -27.3% | 14.2% | 39.2% | 33.7% | 6.0% |
For more details on Southern Copper, read Buy or Sell SCCO Stock. Below we compare SCCO’s growth, margin, and valuation with peers across years
Revenue Growth Comparison
| LTM | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
| SCCO | 12.7% | – | 15.5% | -1.5% | -8.1% |
| HPQ | 3.2% | 3.2% | -0.3% | -14.6% | |
| HPE | 13.8% | 13.8% | 3.4% | 2.2% | |
| IBM | 4.5% | – | 1.4% | 2.2% | 5.5% |
| CSCO | 8.9% | 5.3% | -5.6% | 10.6% | |
| AAPL | 6.0% | – | 2.0% | -2.8% | 7.8% |
Operating Margin Comparison
| LTM | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
| SCCO | 50.3% | – | 48.6% | 42.4% | 44.1% |
| HPQ | 6.6% | 6.6% | 7.8% | 7.9% | |
| HPE | 4.8% | 4.8% | 8.3% | 8.4% | |
| IBM | 17.7% | – | 16.1% | 15.9% | 13.5% |
| CSCO | 22.5% | 22.1% | 24.1% | 27.3% | |
| AAPL | 31.9% | – | 31.5% | 29.8% | 30.3% |
PE Ratio Comparison
| LTM | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
| SCCO | 32.2 | – | 21.6 | 28.2 | 18.2 |
| HPQ | 8.6 | 12.2 | 10.6 | 8.2 | |
| HPE | 572.7 | 495.9 | 8.6 | 10.2 | |
| IBM | 36.0 | – | 33.6 | 19.9 | 77.5 |
| CSCO | 29.9 | 23.1 | 19.8 | 15.5 | |
| AAPL | 41.0 | – | 41.0 | 31.3 | 21.1 |
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