Ero Copper (ERO) Invested Capital (2020 - 2026)
Ero Copper (ERO) reported Invested Capital of $1.8 billion for Q3 2026, up 20.3% from $1.5 billion a year earlier and up 1.8% from the prior quarter.
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Analysis
Ero Copper (ERO) Invested Capital (2020 - 2026) Analysis & Trends
For FY2025, Ero Copper posted Invested Capital of $1.54 billion, up 29.7% from FY2024.
- Invested Capital has a five-year compound annual growth rate of 32.3% (FY2020 to FY2025).
- By year, Invested Capital came in at $1.19 billion in FY2024 (-3.3%), $1.23 billion in FY2023 (+28.6%), $956.65 million in FY2022 (+111.5%) and $452.31 million in FY2021 (+18.8%).
- The Q3 2026 figure ranks as the highest quarterly Invested Capital in data going back to Q4 2020.
- Year over year, Invested Capital has now increased in each of the last seven quarters, with growth averaging 18.0% over the last eight quarters.
- The high point for year-over-year Invested Capital in five years was Q3 2022 (growth of 121.4%); the low point was Q4 2024 (a decline of 3.3%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $1.77 billion (Q2 2026), $1.68 billion (Q1 2026) and $1.54 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Nucor | 172.02 Bn | 161.79 Bn | 2.33 Bn | 29.90 Bn |
| 2 | Rio Tinto | 168.15 Bn | 130.95 Bn | - | 93.52 Bn |
| 3 | Southern Copper | 138.51 Bn | 113.33 Bn | 3.10 Bn | 21.59 Bn |
| 4 | Rio Tinto | 134.73 Bn | 101.79 Bn | - | 93.52 Bn |
| 5 | Newmont | 117.64 Bn | 82.96 Bn | 4.22 Bn | 40.94 Bn |
| 6 | Ternium | 99.96 Bn | 72.72 Bn | 1.04 Bn | 20.73 Bn |
| 7 | Agnico Eagle Mines | 89.22 Bn | 76.17 Bn | 2.15 Bn | 29.81 Bn |
| 8 | Freeport-Mcmoran | 85.03 Bn | 81.69 Bn | 2.55 Bn | 43.01 Bn |
| 9 | Barrick Mining | 63.01 Bn | 47.43 Bn | 2.71 Bn | 42.04 Bn |
| 10 | Ero Copper | 3.03 Bn | 2.62 Bn | 169.56 Mn | 1.80 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.80 Bn |
| Jun 30, 2026 | 1.77 Bn |
| Mar 31, 2026 | 1.68 Bn |
| Dec 31, 2025 | 1.54 Bn |
| Sep 30, 2025 | 1.50 Bn |
| Jun 30, 2025 | 1.45 Bn |
| Mar 31, 2025 | 1.36 Bn |
| Dec 31, 2024 | 1.19 Bn |
| Sep 30, 2024 | 1.25 Bn |
| Jun 30, 2024 | 1.18 Bn |
| Mar 31, 2024 | 1.24 Bn |
| Dec 31, 2023 | 1.23 Bn |
| Sep 30, 2023 | 1.05 Bn |
| Jun 30, 2023 | 1.08 Bn |
| Mar 31, 2023 | 994.75 Mn |
| Dec 31, 2022 | 956.65 Mn |
| Sep 30, 2022 | 896.41 Mn |
| Jun 30, 2022 | 918.10 Mn |
| Mar 31, 2022 | 942.91 Mn |
| Dec 31, 2021 | 452.31 Mn |
API Access
Ero Copper Invested Capital 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=invested-capital&ticker=ERO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=ERO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();