Ero Copper Corp. ERO

37.87 0.76 2.05% as of 25 Sep
Market cap
$3.7B
P/E
13.5×
Growth Flags show if company had growth for consecutive years

Insider Decisions

in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 2.16%

Capital & Financial Ratios

Market Cap 3,710.00
Revenue 923.93
Net Income 295.59
Free Cash Flow 138.74
Net Debt 497.19
Current Ratio 1.30
Debt/Equity 0.53
P/E ratio 13.48
P/S ratio 4.27
P/B ratio 3.59
Past 5Y EPS Growth 22.94%
This Y EPS Growth 90.74%
Next Y EPS Growth 16.82%
Next 5Y EPS Growth 27.48%
in millions of $

Dividends

Payout Ratio 0.00
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2028 Powerpack
2027 Powerpack
2026 Powerpack
2025 Powerpack
2023 Powerpack
2022 Powerpack
2021 Powerpack
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 112 50 105 91
Receivables 6 21 41 48
Inventory 42 42 107 108
Other 39 29 23 43
199 142 276 290
2023 2024 2025 Q'26
Payables 121 102 154 148
ST’ Debt 20 46 56 39
Other 1 18 7 8
174 212 261 224
in millions of $

Compound Annual Growth

10y 5y 3y
Sales — 19.38% 22.61%
Cash Flow — 19.40% 40.20%
Earnings — 38.57% 37.33%
Book Value — 34.37% 20.04%

Revenue

Mar Jun Sep Dec Year
’26 263 — — — —
’25 125 164 177 320 786
’24 106 117 125 123 470
’23 101 105 105 116 427
’22 109 115 86 117 426
’21 123 121 112 135 490
’20 68 71 94 91 324
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 93 — — — —
’25 65 90 110 129 395
’24 17 15 53 61 145
’23 16 55 42 49 163
’22 44 22 43 34 143
’21 62 85 151 67 365
’20 37 42 44 39 163
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 32 — — — —
’25 6 19 34 54 113
’24 (91) (61) (25) (16) (192)
’23 (70) (71) (80) (77) (298)
’22 (11) (36) (52) (53) (152)
’21 36 49 89 9 183
’20 9 12 17 7 45
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 1.04 — — — —
’25 0.77 0.68 0.35 0.74 2.53
’24 (0.07) (0.52) 0.39 (0.47) (0.66)
’23 0.26 0.32 0.03 0.37 0.98
’22 0.57 0.26 0.04 0.24 1.10
’21 0.34 0.89 0.28 0.65 2.21
’20 (0.62) 0.08 0.34 0.71 0.56
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

2.1
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
— 3.88 5.75 7.17 5.93 13.33 8.07 11.35 12.78 9.30

Analyst estimates 2026–2028

Powerpack
Low Price
— 5.96 9.17 19.20 18.22 25.99 16.72 24.38 24.34 29.03
High Price
— — 2,138 2,138 2,457 2,864 2,864 3,374 3,690 3,547
Employees
— 0 0 0 0 0 0 0 0 0
Revenue/Emp
— 148 233 285 324 490 426 427 470 786
Revenue
0.00% 12.15% 35.27% 41.10% 58.05% 65.08% 43.90% 36.69% 38.39% 43.85%
Gross Margin
(3) 2 3 75 61 237 126 112 (75) 331
EBT
0.00% 1.33% 1.14% 26.27% 18.95% 48.36% 29.64% 26.28% (16.04%) 42.11%
EBT Margin
(3) 17 (3) 92 52 203 103 94 (68) 267
Net Income
1 38 45 46 39 40 44 66 69 102
Depreciation
0.00 2.64 2.78 3.34 3.75 5.53 4.70 4.54 4.56 7.58
Revenue/Sh
(0.43) 0.31 (0.04) 1.08 0.60 2.27 1.12 0.99 (0.66) 2.54
Earnings/Sh
(1.30) 0.62 0.99 1.50 1.89 4.11 1.58 1.73 1.41 3.81
Cash Flow/Sh
0.00 (1.14) (1.21) (1.25) (1.36) (2.05) (3.26) (4.89) (3.27) (2.72)
Capex/Sh
(1.30) (0.52) (0.22) 0.25 0.52 2.06 (1.68) (3.16) (1.86) 1.09
Free CF/Sh
3.55 2.31 1.24 2.34 2.48 4.46 5.97 8.60 5.73 9.05
Book Value/Sh
7 56 84 85 86 89 91 94 103 104
Shares
— 0.00 0.00 16.87 27.97 6.74 12.30 16.07 0.00 11.14
PE Ratio
— 0.00 2.63 5.45 4.32 2.77 2.93 3.47 2.96 3.73
PS Ratio
— 0.00 5.91 7.80 6.54 3.43 2.31 1.83 2.35 3.13
PB Ratio
— 0.00 3.19 5.93 4.65 2.63 3.18 4.22 4.14 4.38
EV/Sales
— 0.00 (40.79) 78.40 33.46 7.04 (8.90) (6.07) (10.14) 30.56
EV/FCF
(9) 35 83 128 163 365 143 163 145 395
Op' Cash Flow
0 (64) (101) (106) (118) (182) (296) (461) (338) (282)
Capex
(9) (29) (18) 22 45 183 (152) (298) (192) 113
FCF
(128) 43 (9) (5) 36 86 263 26 (70) 15
Working Cap'
161 139 152 160 168 62 423 435 609 616
Total Debt
143 86 130 137 106 (68) 105 323 559 511
Net Debt
25 130 104 199 214 395 542 809 591 938
Sh' Equity
(0.83%) 6.37% (0.85%) 22.33% 10.76% 33.88% 10.85% 6.87% (4.61%) 15.60%
ROA
0.00% (1.68%) 13.36% 14.60% 29.52% 52.02% 12.53% 5.25% 5.92% 11.68%
ROIC
(3.94%) 29.69% (2.74%) 60.67% 24.99% 65.97% 21.72% 13.73% (9.78%) 34.50%
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Mar 2026

Ero Copper Corp. peers in Copper

All 5 Copper stocks →

Ero Copper Corp. (ERO) key facts

  • Ero Copper Corp. (ERO) is a Copper company in the Basic Materials sector, listed on the New York Stock Exchange.
  • Ero Copper Corp.’s revenue for fiscal 2025 (year ended December 2025) was CAD 785.8 million, up 67.1% from fiscal 2024.
  • As of September 25, 2026, ERO traded at $37.87, a market capitalization of $3.7 billion.
  • Return on equity was 34.5% and debt-to-equity 0.53.

Source: company filings (standardised) and stockrow calculations.

Ero Copper Corp. (ERO) Latest News

News by impact score

Fine-tune

14 Aug

4

Ero Copper benefits from surging copper demand tied to AI data center expansion and power infrastructure needs. AI data center buildout drives higher copper consumption and lifts Ero Copper's growth outlook.

12 Aug

3 transcript

Ero Copper (ERO) Q2 2026 earnings call transcript covers financial results, operational updates and forward guidance. Earnings call provides performance metrics and outlook that may shift near-term sentiment but rarely redefine long-term trajectory alone.

11 Aug

4

Soaring data center demand is lifting copper consumption and supporting Ero Copper Corp. outlook and performance. Data center growth directly raises copper demand and improves Ero Copper's market trajectory.

8 Aug

4 transcript

Ero Copper Corp. held its Q2 earnings call, covering financial results, production updates and operational highlights for the quarter. Q2 earnings call directly discloses results and guidance that typically move share price and investor outlook.

5 Aug

3

Ero Copper Corp. reported its second quarter 2026 operating and financial results. Quarterly earnings updates deliver financial and operational data that moderately shift near-term investor views without major strategic shifts.

4 Aug

3

Ero Copper could be 23% undervalued based on its production ramp-up prospects. Production ramp-up at Ero Copper supports potential share revaluation.

19 Jun

3

Ero Copper is advancing Furnas drilling to extend its copper resource base and underpin longer-term production growth. Furnas drilling directly targets expansion of copper resources that underpin Ero Copper's future output trajectory.

10 Jun

4

Ero Copper confirms high-grade continuity and extends known mineralization at the Furnas Project in Brazil. Resource extension at Furnas enhances Ero Copper's asset base and long-term output prospects.

4

Ero Copper confirms high-grade continuity and extends known mineralization at Furnas with significant new step-out intercepts. New step-out intercepts confirm high-grade continuity and extend mineralization at Furnas, materially increasing resource potential and supporting improved long-term production outlook.

14 May

3

Analysts are downgrading their outlook on Ero Copper Corp. (TSE:ERO), raising concerns about the company's future performance. Analyst downgrades typically influence investor sentiment and stock price, creating moderate pressure on financial performance expectations.

7 May

4

Ero Copper Corp. delivered impressive first quarter results, marked by a significant shrinkage in net debt, boosting financial health. Impressive Q1 results and net debt reduction strengthen financial position and positively influence future performance and investor sentiment.

6 May

3

Ero Copper Corp. (ERO) Q1 earnings call highlights quarterly production, revenue, costs, operational updates, and forward guidance. Q1 earnings call reveals financial and operational performance, moderately affecting investor sentiment and near-term stock trajectory.

4 May

4

Ero Copper Corp. (ERO) reported first quarter 2026 operating and financial results. Quarterly operating and financial results directly impact stock valuation, investor sentiment, and future performance projections.

4 transcript

Ero Copper Corp. (ERO) released its Q3 2025 earnings call transcript, detailing quarterly financial results, operational updates, and forward-looking guidance. Q3 2025 earnings transcript reveals financial performance and strategic outlook, significantly influencing investor sentiment and stock trajectory.

30 Apr

3

Ero Copper Corp. (ERO) prepares to report Q1 earnings, with key expectations including production updates from Brazilian mines, cost guidance, and potential impacts from currency fluctuations and metal prices. Pre-earnings previews shape investor expectations around financial performance and operational updates.

8 Apr

3

Ero Copper Corp. (ERO) stands out as a compelling copper growth story, currently trading at a significant discount to its intrinsic value amid strong operational expansion and favorable market dynamics. Portrays Ero Copper as undervalued growth play in copper, likely boosting investor sentiment and moderately influencing stock performance.

30 Mar

4

Ero Copper Corp. filed a technical report for the Furnas Copper-Gold Project, detailing resource estimates and development potential in Brazil. Filing the technical report advances the Furnas project toward feasibility and production, significantly enhancing Ero Copper's growth pipeline and investor appeal.

7 Mar

4

Ero Copper Corp. (TSX:ERO) valuation assessed after record 2025 results and updated growth outlook. Record 2025 results and updated growth outlook represent major positive developments likely to significantly enhance Ero Copper's future performance and investor sentiment.

6 Mar

4

Ero Copper Corp. (ERO) reported record revenue in Q4 2025 earnings call, emphasizing strategic growth initiatives. Record revenue and strategic growth highlight major financial strength and positive trajectory shifts for Ero Copper.

4

Ero Copper Corp. (ERO) released Q4 earnings call highlights covering financial results, production updates, and future guidance. Q4 earnings call highlights include financial performance, operational metrics, and guidance that could significantly shape investor sentiment and stock trajectory.

5 Mar

4

Ero Copper Corp. (ERO) reported fourth quarter and full-year 2025 operating and financial results. Quarterly and annual financial results directly shape investor sentiment, stock valuation, and future performance expectations.

3

Ero Copper Corp. (ERO) shares rose 2.7% after hours as Q4 adjusted profit increased on higher revenue. Q4 adjusted profit rise on higher revenue lifted shares 2.7% after hours, moderately impacting financial performance and market sentiment.

26 Feb

3

Ero Copper Corp. (ERO) will report earnings next week, with Wall Street anticipating growth. Upcoming earnings report with expected growth may noticeably influence financial performance and investor sentiment.

24 Feb

3

Street analysts diverge on Ero Copper Corp. (TSX:ERO) growth risks, shifting the company's investment story amid mixed views on expansion challenges. Diverging analyst opinions on growth risks introduce moderate uncertainty to Ero Copper's trajectory and investor sentiment.

23 Feb

4

Ero Copper announces inaugural Preliminary Economic Assessment (PEA) for Furnas copper-gold project, outlining low capital intensity development with 24-year initial mine life. Inaugural PEA for Furnas highlights low capex and long mine life, enabling major expansion of Ero's production pipeline.

13 Feb

3

Ero Copper Corp. (ERO) may benefit from RIO's increased copper production, which could signal a positive trend in the copper market. As RIO ramps up its output, it may lead to higher copper prices, potentially enhancing ERO's revenue and market position. Investors are closely monitoring these developments, as they could influence ERO's growth trajectory and overall market performance. Increased copper production by RIO may moderately influence ERO's financial performance and market sentiment.

11 Feb

4

Ero Copper Corp. (ERO) has experienced a remarkable 135% surge in its stock price over the past year, driven by strong operational performance, increased copper demand, and favorable market conditions. The company's strategic initiatives, including expansion projects and cost management, have contributed to its growth. Analysts highlight the positive outlook for copper prices, which is expected to continue benefiting Ero Copper's financial performance. The company's focus on sustainability and efficient production methods further enhances its competitive position in the mining sector. Strong operational performance and favorable market conditions are likely to significantly impact Ero Copper's future trajectory and investor sentiment.

3

Ero Copper Corp. (ERO) has experienced a remarkable 125% surge in its stock price over the past year, raising questions about whether it is still a viable investment option. Analysts are evaluating the company's growth potential, operational performance, and market conditions to determine if the stock's upward trajectory can be sustained. Investors are urged to consider various factors, including copper market dynamics and Ero's strategic initiatives, before making investment decisions. The significant stock price increase indicates a moderately noticeable influence on investor sentiment and market performance, but future growth may be balanced by market conditions.

10 Feb

3

Ero Copper Corp. (ERO) has experienced a steeper decline in stock price compared to the broader market, raising concerns among investors. The company's recent performance has been influenced by various market factors, leading to increased scrutiny regarding its future prospects. Investors are advised to assess the implications of this downturn on Ero's operational strategies and market positioning. The decline in stock price indicates a moderately noticeable influence on investor sentiment and potential financial performance.

9 Feb

4

Ero Copper Corp. is experiencing record copper output growth, driven by increased production at its operations in Brazil. The company aims to sustain this growth through strategic investments and operational improvements. Analysts are optimistic about Ero's ability to maintain high output levels, despite potential challenges in the copper market. The focus remains on enhancing efficiency and expanding capacity to meet rising global demand for copper, particularly in renewable energy and electric vehicle sectors. Sustained record output growth and strategic investments are likely to significantly impact Ero Copper's future performance and market position.

stockrow.com/ERO · Data as of Mar 31, 2026 · For information only; not investment advice. · © 2026 stockrow.com