Ero Copper (ERO) Change in Working Capital (2021 - 2026)

Ero Copper (ERO) recorded quarterly Change in Working Capital of -$24.1 million in Q1 2026, up 57.16% quarter-over-quarter from -$56.3 million in Q4 2025, and up 43.57% on a YoY basis from -$16.8 million in Q1 2025.

Ero Copper (ERO) Change in Working Capital (2021 - 2026) Analysis & Trends

Ero Copper's Change in Working Capital history runs 6 years deep, the most recent figure standing at -$24.1 million for Q1 2026.

  • In Q1 2026, Change in Working Capital rose 43.57% year-over-year to -$24.1 million; the TTM figure through Mar 2026 stood at -$39.1 million (up 44.5% YoY), while the FY2025 annual figure was -$51.7 million, down 7.01% from the prior year.
  • Change in Working Capital was -$24.1 million for Q1 2026 at Ero Copper, up from -$56.3 million in the prior quarter.
  • In the past five years, Change in Working Capital ranged from a high of $30.8 million in Q3 2025 to a low of -$56.3 million in Q4 2025.
  • Historically, Change in Working Capital has averaged -$9.1 million across 5 years, with a median of -$9.7 million in 2022.
  • Biggest YoY gain for Change in Working Capital was 1279.95% in 2025; the steepest drop was 807.86% in 2025.
  • A 5-year view of Change in Working Capital shows it stood at -$15.0 million in 2022, then surged by 126.54% to $4.0 million in 2023, then tumbled by 255.98% to -$6.2 million in 2024, then slumped by 807.86% to -$56.3 million in 2025, then jumped by 57.16% to -$24.1 million in 2026.
  • The last three Change in Working Capital figures came in at -$24.1 million (Q1 2026), -$56.3 million (Q4 2025), and $30.8 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change Working Cap. (Qtr)
1 Southern Copper 142.13 Bn 136.85 Bn 2.75 Bn -
2 Freeport-Mcmoran 91.19 Bn 99.46 Bn 6.22 Bn -
3 Hudbay Minerals 10.19 Bn 9.65 Bn 368.00 Mn -
4 Ero Copper 2.69 Bn 2.58 Bn 105.91 Mn -24.13 Mn
5 Ivanhoe Electric 1.75 Bn 1.46 Bn 505,000.00 -
6 Taseko Mines 3.95 Mn -119.02 Mn 83.54 Mn -109,380.85

Historic Data

Download Data
DateValue
Mar 31, 2026 -24.13 Mn
Mar 31, 2026 -24.13 Mn
Dec 31, 2025 -56.33 Mn
Dec 31, 2025 -56.33 Mn
Sep 30, 2025 30.83 Mn
Sep 30, 2025 30.83 Mn
Jun 30, 2025 10.49 Mn
Jun 30, 2025 10.49 Mn
Mar 31, 2025 -42.77 Mn
Mar 31, 2025 -42.77 Mn
Dec 31, 2024 -6.21 Mn
Dec 31, 2024 -6.21 Mn
Sep 30, 2024 2.23 Mn
Sep 30, 2024 2.23 Mn
Jun 30, 2024 -23.80 Mn
Jun 30, 2024 -23.80 Mn
Mar 31, 2024 -20.57 Mn
Mar 31, 2024 -20.57 Mn
Dec 31, 2023 3.98 Mn
Dec 31, 2023 3.98 Mn