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| Date | Value |
|---|---|
| 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 |