Ero Copper ERO
NYSE ERO
$34.97 +0.21 (+0.60%)
As of: Sep 3, 2026 · 2:01 PM EDT

Ero Copper (ERO) Gross Margin (2020 - 2026)

Ero Copper (ERO) posted quarterly Gross Margin of 40.25% for Q1 2026, down 414.0% year-over-year from 12.82% in Q1 2025, and down 21.64% quarter-over-quarter from 51.36% in Q4 2025.

Analysis

Ero Copper (ERO) Gross Margin (2020 - 2026) Analysis & Trends

Ero Copper's Gross Margin history runs 7 years deep, the most recent figure standing at 40.25% for Q1 2026.

  • In Q1 2026, Gross Margin fell 414.0% year-over-year to 40.25%; the TTM figure through Mar 2026 stood at 42.75% (up 90.0% YoY), while the FY2025 annual figure was 43.85%, up 546.0% from the prior year.
  • Gross Margin for Q1 2026 stood at 40.25%, down from 51.36% in the prior quarter.
  • The five-year high for Gross Margin was 56.01% in Q1 2022, with the low at 26.55% in Q3 2022.
  • The 5-year median for Gross Margin is 40.25% (2026), against an average of 40.03%.
  • The sharpest annual moves came in 2022 and 2025: Gross Margin tumbled 3430 bps in 2022, then jumped 1492 bps in 2025.
  • Ero Copper's Gross Margin stood at 45.18% in 2022, then decreased by 20 bps to 35.95% in 2023, then grew by 19 bps to 42.74% in 2024, then gained by 20 bps to 51.36% in 2025, then retreated by 22 bps to 40.25% in 2026.
  • Business Quant data shows ERO's Gross Margin at 40.25% in Q1 2026, 51.36% in Q4 2025, and 32.41% in Q3 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Southern Copper 166.85 Bn 159.52 Bn 2.90 Bn 67.60%
2 Freeport-Mcmoran 104.38 Bn 100.30 Bn 2.19 Bn 31.10%
3 Trekor Metals 54.09 Bn 53.95 Bn 111.31 Mn 46.58%
4 Hudbay Minerals 10.87 Bn 9.83 Bn 269.00 Mn 42.61%
5 Ero Copper 3.62 Bn 3.52 Bn 121.42 Mn 42.71%
6 Ivanhoe Electric 1.56 Bn 1.56 Bn 368,000.00 50.83%
Historic Data

Historic Data

Download Data
DateValue
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%