Ero Copper (ERO) Gross Margin (2020 - 2026)
Ero Copper (ERO) recorded Gross Margin of 42.71% in the quarter ended Jun 30, 2026, up 1.56 percentage points from 41.15% a year earlier and up 2.46 percentage points from the prior quarter.
Powered by 
Analysis
Ero Copper (ERO) Gross Margin (2020 - 2026) Analysis & Trends
On a TTM basis, Ero Copper's Gross Margin came in at 42.99% as of Jun 30, 2026, up 0.29 percentage points year-over-year; for the year ended Dec 31, 2025, it was 43.85%, up 5.46 percentage points from the prior year.
- Annual Gross Margin has a five-year change of -14.20 percentage points (years ended Dec 2020 to Dec 2025).
- Across earlier years, Gross Margin came in at 38.39% in the year ended Dec 31, 2024 (+1.70 pp), 36.69% in the year ended Dec 31, 2023 (-7.21 pp), 43.90% in the year ended Dec 31, 2022 (-21.19 pp) and 65.08% in the year ended Dec 31, 2021 (+7.03 pp).
- Quarterly Gross Margin has ranged from 26.55% in the quarter ended Sep 30, 2022 to 62.55% in the quarter ended Dec 31, 2021 over the past five years.
- On a year-over-year basis, Gross Margin rose in six of the last eight quarters, with an average year-over-year change of +3.82 percentage points.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 14.92 percentage points in the quarter ended Mar 31, 2025, against a drop of 34.30 percentage points in the quarter ended Sep 30, 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 40.25% (quarter ended Mar 31, 2026), 51.36% (quarter ended Dec 31, 2025) and 32.41% (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 179.45 Bn | 145.58 Bn | - | - |
| 2 | Southern Copper | 169.08 Bn | 147.94 Bn | 2.90 Bn | 67.60% |
| 3 | Newmont | 122.31 Bn | 90.49 Bn | 4.03 Bn | 65.87% |
| 4 | Ternium | 109.20 Bn | 74.25 Bn | 941.02 Mn | 21.68% |
| 5 | Freeport-Mcmoran | 103.31 Bn | 99.46 Bn | 2.19 Bn | 31.10% |
| 6 | Agnico Eagle Mines | 92.04 Bn | 92.04 Bn | 2.43 Bn | - |
| 7 | Barrick Mining | 68.84 Bn | 53.58 Bn | 2.90 Bn | 54.74% |
| 8 | Nucor | 55.48 Bn | 46.02 Bn | 2.03 Bn | 19.56% |
| 9 | ArcelorMittal | 53.16 Bn | 34.19 Bn | - | - |
| 10 | Ero Copper | 3.90 Bn | 3.54 Bn | 121.42 Mn | 42.71% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 42.71% |
| Mar 31, 2026 | 40.25% |
| Dec 31, 2025 | 51.36% |
| Sep 30, 2025 | 32.41% |
| Jun 30, 2025 | 41.15% |
| Mar 31, 2025 | 44.39% |
| Dec 31, 2024 | 42.74% |
| Sep 30, 2024 | 43.02% |
| Jun 30, 2024 | 36.97% |
| Mar 31, 2024 | 29.47% |
| Dec 31, 2023 | 35.95% |
| Sep 30, 2023 | 33.73% |
| Jun 30, 2023 | 37.56% |
| Mar 31, 2023 | 39.73% |
| Dec 31, 2022 | 45.18% |
| Sep 30, 2022 | 26.55% |
| Jun 30, 2022 | 44.08% |
| Mar 31, 2022 | 56.01% |
| Dec 31, 2021 | 62.55% |
| Sep 30, 2021 | 60.85% |
API Access
Ero Copper Gross 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=gross-margin&ticker=ERO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-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=gross-margin&ticker=ERO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();