Ero Copper Corp.

ERO Basic Materials Copper

Ero Copper Corp.’s revenue for fiscal 2025 (year ended December 2025) was $785.8 million, up 67.1% from fiscal 2024.

Revenue
+110.4%
EPS
+35.1%
Free cash flow
+441.3%
Total debt
−9.59%

Quarter to March 2026, against a year earlier

28.30 2.52 −8.18%
Market cap
$2.9B
P/E
10.1×
Fwd P/E
6.5×
Dividend yield
—
F-score
8/9
Altman Z
3.21
Beneish M
−2.01
Dividend safety
n/a

Ero Copper Corp. (ERO) Operating margin

Alert me on Operating margin

Ero Copper Corp.'s operating margin over the twelve months to 31 March 2026 was 34.6%, up 0.2 percentage points from fiscal 2025 (34.4%). Over the past ten years it has ranged from −3.92% (fiscal 2017) to 55.6% (fiscal 2021); the current reading is higher than 78% of that period. That is in line with the Copper industry median of 34.6% and above the Basic Materials sector median of 2.88%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 34.4% 11.27
FY2024 23.2% 0.89
FY2023 22.3% (8.17)
FY2022 30.4% (25.11)
FY2021 55.6% 8.91
FY2020 46.6% 19.10
FY2019 27.5% 6.09
FY2018 21.5% 25.37
FY2017 −3.92% —

Quarterly newest first

Period Operating margin Change (points)
Mar 2026 35.0% (9.18)
Dec 2025 44.2% 22.72
Sep 2025 21.5% (7.84)
Jun 2025 29.3% (5.02)
29 more quarters

Against its own ten years

Low −3.92% High 55.6%
Ten-year median 27.5%
Current reading's percentile 78

Operating margin against peers

Company Operating margin
IE Ivanhoe Electric Inc. compare 285.9%
SCCO Southern Copper Corporation compare 58.6%
HBM HudBay Minerals Inc compare 44.7%
ERO Ero Copper Corp. 34.6%
FCX Freeport-McMoRan Inc. compare 27.6%
COPR Idaho Copper Corporation compare 0.00%
LCU Lion Copper Corp. compare 0.00%
Copper industry median 34.6%
Basic Materials sector median 2.88%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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