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Southern Copper Corp/ vs Vale: revenue, profit, margins and growth compared

Southern Copper Corp/ brought in $13.4B of revenue in fiscal 2025, Vale $38.4B in fiscal 2025. Revenue changed by +17.4% at Southern Copper Corp/ and +0.9% at Vale on the year before, so Southern Copper Corp/ grew faster. Southern Copper Corp/ kept 32.3% of its revenue as net profit, Vale 6.1%.

Side by side, latest fiscal year

SCCOVALE
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$13.4B$38.4B
Revenue growth+17.4%+0.9%
Net income$4.3B$2.4B
Net margin32.3%6.1%
Free cash flow$3.4Bn/a
Free cash flow margin25.5%n/a
Earnings per share (diluted)$5.24n/a
Cash$4.3B$7.4B
Debt$6.8Bn/a
Price to earnings38.9n/a
Market value$170.1B$58.1B
Dividend yield1.52%n/a
Rank by revenue in sector#6 of 71 · Basic materials#1 of 71 · Basic materials

Over the years

Revenue
SCCO FY2018: $7.1BSCCO FY2019: $7.3BSCCO FY2020: $8BSCCO FY2021: $10.9BSCCO FY2022: $10BSCCO FY2023: $9.9BSCCO FY2024: $11.4BSCCO FY2025: $13.4BVALE FY2018: $36.6BVALE FY2019: $36.5BVALE FY2020: $39.5BVALE FY2021: $54.5BVALE FY2022: $43.8BVALE FY2023: $41.8BVALE FY2024: $38.1BVALE FY2025: $38.4BFY18FY19FY20FY21FY22FY23FY24FY25
SCCO $13.4BVALE $38.4B
Net income
SCCO FY2018: $1.5BSCCO FY2019: $1.5BSCCO FY2020: $1.6BSCCO FY2021: $3.4BSCCO FY2022: $2.6BSCCO FY2023: $2.4BSCCO FY2024: $3.4BSCCO FY2025: $4.3BVALE FY2018: $6.9BVALE FY2019: -$1.7BVALE FY2020: $4.9BVALE FY2021: $22.4BVALE FY2022: $18.8BVALE FY2023: $8BVALE FY2024: $6.2BVALE FY2025: $2.4BFY18FY19FY20FY21FY22FY23FY24FY25
SCCO $4.3BVALE $2.4B
Net margin
SCCO FY2018: 21.7%SCCO FY2019: 20.4%SCCO FY2020: 19.7%SCCO FY2021: 31.1%SCCO FY2022: 26.3%SCCO FY2023: 24.5%SCCO FY2024: 29.5%SCCO FY2025: 32.3%VALE FY2018: 18.8%VALE FY2019: -4.6%VALE FY2020: 12.3%VALE FY2021: 41.2%VALE FY2022: 42.9%VALE FY2023: 19.1%VALE FY2024: 16.2%VALE FY2025: 6.1%FY18FY19FY20FY21FY22FY23FY24FY25
SCCO 32.3%VALE 6.1%
Revenue growth
SCCO FY2019: +2.7%SCCO FY2020: +9.6%SCCO FY2021: +36.9%SCCO FY2022: -8.1%SCCO FY2023: -1.5%SCCO FY2024: +15.5%SCCO FY2025: +17.4%VALE FY2019: -0.1%VALE FY2020: +8.2%VALE FY2021: +37.8%VALE FY2022: -19.6%VALE FY2023: -4.7%VALE FY2024: -8.9%VALE FY2025: +0.9%FY19FY20FY21FY22FY23FY24FY25
SCCO +17.4%VALE +0.9%
Free cash flow
SCCO FY2018: $1.1BSCCO FY2019: $1.2BSCCO FY2020: $2.2BSCCO FY2021: $3.4BSCCO FY2022: $1.9BSCCO FY2023: $2.6BSCCO FY2024: $3.4BSCCO FY2025: $3.4BFY18FY19FY20FY21FY22FY23FY24FY25
SCCO $3.4BVALE

Fiscal years as each company reports them; the two may end in different months.

Questions about Southern Copper Corp/ and Vale

Which is bigger by revenue, Southern Copper Corp/ or Vale?

Vale is bigger by revenue: $38.4B in fiscal 2025, against $13.4B for Southern Copper Corp/ in fiscal 2025.

Which keeps more of its revenue as profit, Southern Copper Corp/ or Vale?

Southern Copper Corp/ had a net margin of 32.3% in fiscal 2025; Vale had 6.1% in fiscal 2025.

Which grew revenue faster, Southern Copper Corp/ or Vale?

In their latest fiscal years revenue changed by +17.4% at Southern Copper Corp/ and +0.9% at Vale.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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