Ero Copper (ERO) EBITDA Margin (2020 - 2026)
Ero Copper (ERO) recorded EBITDA Margin of 50.22% in the quarter ended Jun 30, 2026, up 7.55 percentage points from 42.67% a year earlier and up 2.64 percentage points from the prior quarter.
Ero Copper (ERO) EBITDA Margin (2020 - 2026) Analysis & Trends
On a TTM basis, Ero Copper's EBITDA Margin came in at 48.93% as of Jun 30, 2026, up 3.26 percentage points year-over-year; for the year ended Dec 31, 2025, it was 47.38%, up 9.52 percentage points from the prior year.
- Annual EBITDA Margin has a five-year change of -11.40 percentage points (years ended Dec 2020 to Dec 2025).
- Across earlier years, EBITDA Margin came in at 37.86% in the year ended Dec 31, 2024 (+0.16 pp), 37.70% in the year ended Dec 31, 2023 (-3.11 pp), 40.80% in the year ended Dec 31, 2022 (-22.92 pp) and 63.72% in the year ended Dec 31, 2021 (+4.94 pp).
- Quarterly EBITDA Margin has ranged from 27.22% in the quarter ended Jun 30, 2024 to 79.76% in the quarter ended Dec 31, 2021 over the past five years.
- On a year-over-year basis, EBITDA Margin has increased for three consecutive quarters, with an average year-over-year change of +0.88 percentage points over the last eight quarters.
- Peak year-over-year performance for EBITDA Margin in the last five years was a gain of 18.63 percentage points in the quarter ended Mar 31, 2025, against a drop of 38.62 percentage points in the quarter ended Jun 30, 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 47.58% (quarter ended Mar 31, 2026), 55.19% (quarter ended Dec 31, 2025) and 37.54% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 182.38 Bn | 151.41 Bn | - | - |
| 2 | Southern Copper | 163.97 Bn | 142.76 Bn | 2.90 Bn | 66.43% |
| 3 | Rio Tinto | 141.19 Bn | 101.70 Bn | - | - |
| 4 | Newmont | 124.53 Bn | 92.53 Bn | 4.03 Bn | 26.35% |
| 5 | Freeport-Mcmoran | 98.93 Bn | 82.97 Bn | 2.19 Bn | 35.94% |
| 6 | Agnico Eagle Mines | 93.96 Bn | 83.59 Bn | 2.43 Bn | 71.78% |
| 7 | Barrick Mining | 69.55 Bn | 44.75 Bn | 2.90 Bn | 62.11% |
| 8 | Nucor | 60.45 Bn | 49.83 Bn | 2.03 Bn | 19.35% |
| 9 | ArcelorMittal | 48.41 Bn | 27.44 Bn | - | 10.95% |
| 10 | Ero Copper | 3.32 Bn | 2.96 Bn | 121.42 Mn | 51.47% |
Historic Data
| Date | Value |
|---|---|
| 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 | 67.86% |
| Sep 30, 2023 | 67.67% |
| Jun 30, 2023 | 69.85% |
| Mar 31, 2023 | 68.18% |
| Dec 31, 2022 | 71.25% |
| Sep 30, 2022 | 57.36% |
| Jun 30, 2022 | 69.17% |
| Mar 31, 2022 | 76.87% |
| Dec 31, 2021 | 81.78% |
| Sep 30, 2021 | 79.47% |
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_KEY
import 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();