Ero Copper (ERO) EBT Margin (2020 - 2026)
Ero Copper (ERO) recorded EBT Margin of 41.24% in Q3 2026, up 13.41 percentage points from 27.83% a year earlier and up 2.52 percentage points from the prior quarter.
Ero Copper (ERO) EBT Margin (2020 - 2026) Analysis & Trends
On a TTM basis, Ero Copper's EBT Margin came in at 39.73% as of Sep 30, 2026, up 10.15 percentage points year-over-year; for FY2025, it came in at 42.11%, up 58.16 percentage points from FY2024.
- Annual EBT Margin has a five-year change of +23.16 percentage points (FY2020 to FY2025).
- Across earlier years, EBT Margin came in at -16.04% in FY2024 (-42.32 pp), 26.28% in FY2023 (-3.36 pp), 29.64% in FY2022 (-18.72 pp) and 48.36% in FY2021 (+29.41 pp).
- Quarterly EBT Margin has ranged from -52.67% in Q2 2024 to 76.24% in Q1 2025 over the past five years.
- On a year-over-year basis, EBT Margin rose in four of the last eight quarters, with an average year-over-year change of +17.78 percentage points.
- Peak year-over-year performance for EBT Margin in the last five years was a gain of 104.11 percentage points in Q2 2025, against a drop of 86.70 percentage points in Q2 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 38.71% (Q2 2026), 48.33% (Q1 2026) and 31.92% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nucor | 172.02 Bn | 161.79 Bn | 2.33 Bn | 16.60% |
| 2 | Rio Tinto | 168.15 Bn | 130.95 Bn | - | - |
| 3 | Southern Copper | 138.51 Bn | 113.33 Bn | 3.10 Bn | 59.19% |
| 4 | Rio Tinto | 134.73 Bn | 101.79 Bn | - | - |
| 5 | Newmont | 117.64 Bn | 82.96 Bn | 4.22 Bn | 50.45% |
| 6 | Ternium | 99.96 Bn | 72.72 Bn | 1.04 Bn | 12.55% |
| 7 | Agnico Eagle Mines | 89.22 Bn | 76.17 Bn | 2.15 Bn | 55.03% |
| 8 | Freeport-Mcmoran | 85.03 Bn | 81.69 Bn | 2.55 Bn | 30.37% |
| 9 | Barrick Mining | 63.01 Bn | 47.43 Bn | 2.71 Bn | 52.77% |
| 10 | Ero Copper | 3.03 Bn | 2.62 Bn | 169.56 Mn | 41.24% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 41.24% |
| Jun 30, 2026 | 38.71% |
| Mar 31, 2026 | 48.33% |
| Dec 31, 2025 | 31.92% |
| Sep 30, 2025 | 27.83% |
| Jun 30, 2025 | 51.44% |
| Mar 31, 2025 | 76.24% |
| Dec 31, 2024 | -44.71% |
| Sep 30, 2024 | 39.81% |
| Jun 30, 2024 | -52.67% |
| Mar 31, 2024 | -8.21% |
| Dec 31, 2023 | 39.06% |
| Sep 30, 2023 | 1.91% |
| Jun 30, 2023 | 34.04% |
| Mar 31, 2023 | 28.89% |
| Dec 31, 2022 | 25.72% |
| Sep 30, 2022 | 6.85% |
| Jun 30, 2022 | 25.58% |
| Mar 31, 2022 | 56.09% |
| Dec 31, 2021 | 48.00% |
Ero Copper EBT 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=ebt-margin&ticker=ERO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-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=ebt-margin&ticker=ERO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();