Ero Copper (ERO) EBITDA Margin (2020 - 2026)
Ero Copper (ERO) recorded EBITDA Margin of 54.13% in Q3 2026, up 14.92 percentage points from 39.21% a year earlier and up 2.66 percentage points from the prior quarter.
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Analysis
Ero Copper (ERO) EBITDA Margin (2020 - 2026) Analysis & Trends
On a TTM basis, Ero Copper's EBITDA Margin came in at 53.25% as of Sep 30, 2026, up 7.37 percentage points year-over-year; for FY2025, it was 49.16%, up 7.41 percentage points from FY2024.
- Annual EBITDA Margin has a five-year change of -9.62 percentage points (FY2020 to FY2025).
- Across earlier years, EBITDA Margin came in at 41.75% in FY2024 (+0.06 pp), 41.69% in FY2023 (-2.58 pp), 44.27% in FY2022 (-20.94 pp) and 65.21% in FY2021 (+6.43 pp).
- Quarterly EBITDA Margin has ranged from 30.06% in Q3 2022 to 63.61% in Q4 2021 over the past five years.
- On a year-over-year basis, EBITDA Margin has increased for four consecutive quarters, with an average year-over-year change of +6.65 percentage points over the last eight quarters.
- Peak year-over-year performance for EBITDA Margin in the last five years was a gain of 14.92 percentage points in Q3 2026, against a drop of 34.05 percentage points in Q3 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 51.47% (Q2 2026), 49.60% (Q1 2026) and 56.87% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nucor | 172.02 Bn | 161.79 Bn | 2.33 Bn | 20.05% |
| 2 | Rio Tinto | 168.15 Bn | 130.95 Bn | - | - |
| 3 | Southern Copper | 138.51 Bn | 113.33 Bn | 3.10 Bn | 64.84% |
| 4 | Rio Tinto | 134.73 Bn | 101.79 Bn | - | - |
| 5 | Newmont | 117.64 Bn | 82.96 Bn | 4.22 Bn | 25.96% |
| 6 | Ternium | 99.96 Bn | 72.72 Bn | 1.04 Bn | 16.71% |
| 7 | Agnico Eagle Mines | 89.22 Bn | 76.17 Bn | 2.15 Bn | 68.77% |
| 8 | Freeport-Mcmoran | 85.03 Bn | 81.69 Bn | 2.55 Bn | 38.07% |
| 9 | Barrick Mining | 63.01 Bn | 47.43 Bn | 2.71 Bn | 65.58% |
| 10 | Ero Copper | 3.03 Bn | 2.62 Bn | 169.56 Mn | 54.13% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 54.13% |
| Jun 30, 2026 | 51.47% |
| Mar 31, 2026 | 49.60% |
| Dec 31, 2025 | 56.87% |
| Sep 30, 2025 | 39.21% |
| Jun 30, 2025 | 44.76% |
| Mar 31, 2025 | 49.24% |
| Dec 31, 2024 | 53.58% |
| Sep 30, 2024 | 45.91% |
| Jun 30, 2024 | 31.56% |
| Mar 31, 2024 | 34.42% |
| Dec 31, 2023 | 46.97% |
| Sep 30, 2023 | 40.28% |
| Jun 30, 2023 | 43.84% |
| Mar 31, 2023 | 43.98% |
| Dec 31, 2022 | 47.17% |
| Sep 30, 2022 | 30.06% |
| Jun 30, 2022 | 47.47% |
| Mar 31, 2022 | 56.28% |
| Dec 31, 2021 | 63.61% |
API Access
Ero Copper EBITDA Margin 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=ebitda-margin&ticker=ERO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "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=ebitda-margin&ticker=ERO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();