Ero Copper (ERO) Debt Ratio (2020 - 2026)
Ero Copper's Debt Ratio came in at 0.21 for Q3 2026, down 35.0% from 0.33 a year earlier and down 17.6% from the prior quarter.
Analysis
Ero Copper (ERO) Debt Ratio (2020 - 2026) Analysis & Trends
For FY2025, Ero Copper's Debt Ratio was 0.32, down 23.6% from FY2024.
- Going back by year, Debt Ratio was 0.41 in FY2024 (+46.5%), 0.28 in FY2023 (-19.9%), 0.35 in FY2022 (+309.6%) and 0.09 in FY2021 (-74.6%).
- The Q3 2026 figure represents the lowest quarterly Debt Ratio since Q4 2021.
- Year-over-year, Debt Ratio has declined for six consecutive quarters, with an average decline of 6.9% over the last eight quarters.
- The fastest year-over-year change in Debt Ratio over five years came in Q3 2022 (growth of 320.5%), and the weakest in Q4 2021 (a decline of 74.6%).
- Business Quant data shows ERO's Debt Ratio at 0.26 (Q2 2026), 0.28 (Q1 2026) and 0.32 (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Nucor | 172.02 Bn | 161.79 Bn | 2.33 Bn | 0.18 |
| 2 | Rio Tinto | 168.15 Bn | 130.95 Bn | - | - |
| 3 | Southern Copper | 138.51 Bn | 113.33 Bn | 3.10 Bn | 0.31 |
| 4 | Rio Tinto | 134.73 Bn | 101.79 Bn | - | 0.16 |
| 5 | Newmont | 117.64 Bn | 82.96 Bn | 4.22 Bn | 0.09 |
| 6 | Ternium | 99.96 Bn | 72.72 Bn | 1.04 Bn | 0.32 |
| 7 | Agnico Eagle Mines | 89.22 Bn | 76.17 Bn | 2.15 Bn | 0.01 |
| 8 | Freeport-Mcmoran | 85.03 Bn | 81.69 Bn | 2.55 Bn | 0.15 |
| 9 | Barrick Mining | 63.01 Bn | 47.43 Bn | 2.71 Bn | 0.09 |
| 10 | Ero Copper | 3.03 Bn | 2.62 Bn | 169.56 Mn | 0.21 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.21 |
| Jun 30, 2026 | 0.26 |
| Mar 31, 2026 | 0.28 |
| Dec 31, 2025 | 0.32 |
| Sep 30, 2025 | 0.33 |
| Jun 30, 2025 | 0.35 |
| Mar 31, 2025 | 0.38 |
| Dec 31, 2024 | 0.41 |
| Sep 30, 2024 | 0.36 |
| Jun 30, 2024 | 0.37 |
| Mar 31, 2024 | 0.31 |
| Dec 31, 2023 | 0.28 |
| Sep 30, 2023 | 0.32 |
| Jun 30, 2023 | 0.32 |
| Mar 31, 2023 | 0.34 |
| Dec 31, 2022 | 0.35 |
| Sep 30, 2022 | 0.37 |
| Jun 30, 2022 | 0.37 |
| Mar 31, 2022 | 0.35 |
| Dec 31, 2021 | 0.09 |
API Access
Ero Copper Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=ERO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "ERO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=ERO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();