Ero Copper (ERO) FCF Margin (2020 - 2026)
Ero Copper's FCF Margin was 19.19% in Q3 2026, down 20.27 percentage points from 39.46% a year earlier and down 9.14 percentage points from the prior quarter.
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Analysis
Ero Copper (ERO) FCF Margin (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, Ero Copper's FCF Margin was -22.35% through Sep 30, 2026, up 45.85 percentage points year-over-year; for FY2025, it came in at 14.34%, up 55.20 percentage points from FY2024.
- FCF Margin shows a five-year change of +0.45 percentage points (FY2020 to FY2025).
- In earlier years, FCF Margin was -40.86% in FY2024 (+28.74 pp), -69.61% in FY2023 (-33.86 pp), -35.75% in FY2022 (-73.05 pp) and 37.30% in FY2021 (+23.41 pp).
- Quarterly FCF Margin has moved between -673.46% (Q4 2023) and 115.22% (Q2 2023) over five years.
- Compared with a year earlier, FCF Margin has declined for three straight quarters, with an average year-over-year change of +46.18 percentage points over the last eight quarters.
- The best year-over-year quarter for FCF Margin over five years was Q4 2025 (a gain of 336.10 percentage points); the worst was Q4 2023 (a drop of 251.75 percentage points).
- Per Business Quant data, ERO's FCF Margin in the three quarters before Q3 2026 was 28.32% (Q2 2026), 21.19% (Q1 2026) and -148.32% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nucor | 172.02 Bn | 161.79 Bn | 2.33 Bn | 47.37% |
| 2 | Rio Tinto | 168.15 Bn | 130.95 Bn | - | - |
| 3 | Southern Copper | 138.51 Bn | 113.33 Bn | 3.10 Bn | 36.38% |
| 4 | Rio Tinto | 134.73 Bn | 101.79 Bn | - | - |
| 5 | Newmont | 117.64 Bn | 82.96 Bn | 4.22 Bn | 30.05% |
| 6 | Ternium | 99.96 Bn | 72.72 Bn | 1.04 Bn | 21.76% |
| 7 | Agnico Eagle Mines | 89.22 Bn | 76.17 Bn | 2.15 Bn | 74.17% |
| 8 | Freeport-Mcmoran | 85.03 Bn | 81.69 Bn | 2.55 Bn | 10.89% |
| 9 | Barrick Mining | 63.01 Bn | 47.43 Bn | 2.71 Bn | 75.12% |
| 10 | Ero Copper | 3.03 Bn | 2.62 Bn | 169.56 Mn | 19.19% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 19.19% |
| Jun 30, 2026 | 28.32% |
| Mar 31, 2026 | 21.19% |
| Dec 31, 2025 | -148.32% |
| Sep 30, 2025 | 39.46% |
| Jun 30, 2025 | 40.42% |
| Mar 31, 2025 | 45.11% |
| Dec 31, 2024 | -484.42% |
| Sep 30, 2024 | 59.66% |
| Jun 30, 2024 | 64.01% |
| Mar 31, 2024 | 100.75% |
| Dec 31, 2023 | -673.46% |
| Sep 30, 2023 | 113.27% |
| Jun 30, 2023 | 115.22% |
| Mar 31, 2023 | 82.53% |
| Dec 31, 2022 | -421.70% |
| Sep 30, 2022 | 108.05% |
| Jun 30, 2022 | 50.28% |
| Mar 31, 2022 | 41.84% |
| Dec 31, 2021 | -224.01% |
API Access
Ero Copper FCF 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=fcf-margin&ticker=ERO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-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=fcf-margin&ticker=ERO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();