Ero Copper (ERO) Net Margin (2020 - 2026)
Ero Copper (ERO) recorded quarterly Net Margin of 60.86% in Q1 2026, up 793.87% quarter-over-quarter from 8.77% in Q4 2025, and down 3952.0% on a YoY basis from 1.58% in Q1 2025.
Ero Copper (ERO) Net Margin (2020 - 2026) Analysis & Trends
Ero Copper's Net Margin history runs 7 years deep, the most recent figure standing at 60.86% for Q1 2026.
- In Q1 2026, Net Margin fell 3952.0% year-over-year to 60.86%; the TTM figure through Mar 2026 stood at 32.29% (up 1417.0% YoY), while the FY2025 annual figure was 33.56%, up 4812.0% from the prior year.
- Net Margin was 60.86% for Q1 2026 at Ero Copper, up from 8.77% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 126.24% in Q1 2022 to a low of 108.94% in Q2 2024.
- Historically, Net Margin has averaged 25.62% across 5 years, with a median of 38.92% in 2022.
- The sharpest annual moves came in 2024 and 2025: Net Margin slumped 17306 bps in 2024, then soared 17502 bps in 2025.
- A 5-year view of Net Margin shows it stood at 38.92% in 2022, then soared by 38 bps to 53.62% in 2023, then tumbled by 45 bps to 29.55% in 2024, then tumbled by 130 bps to 8.77% in 2025, then jumped by 794 bps to 60.86% in 2026.
- The last three Net Margin figures came in at 60.86% (Q1 2026), 8.77% (Q4 2025), and 32.87% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Southern Copper | 142.13 Bn | 136.85 Bn | 2.75 Bn | 37.09% |
| 2 | Freeport-Mcmoran | 91.19 Bn | 99.46 Bn | 6.22 Bn | 14.13% |
| 3 | Hudbay Minerals | 10.19 Bn | 9.65 Bn | 368.00 Mn | 25.14% |
| 4 | Ero Copper | 2.69 Bn | 2.58 Bn | 105.91 Mn | 60.86% |
| 5 | Ivanhoe Electric | 1.75 Bn | 1.46 Bn | 505,000.00 | 9,485.43% |
| 6 | Taseko Mines | 3.95 Mn | -119.02 Mn | 83.54 Mn | 7.10% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 60.86% |
| Dec 31, 2025 | -8.77% |
| Sep 30, 2025 | 32.87% |
| Jun 30, 2025 | 66.08% |
| Mar 31, 2025 | 100.37% |
| Dec 31, 2024 | 29.55% |
| Sep 30, 2024 | 43.65% |
| Jun 30, 2024 | -108.94% |
| Mar 31, 2024 | -29.89% |
| Dec 31, 2023 | 53.62% |
| Sep 30, 2023 | -25.00% |
| Jun 30, 2023 | 64.12% |
| Mar 31, 2023 | 41.27% |
| Dec 31, 2022 | 38.92% |
| Sep 30, 2022 | -18.84% |
| Jun 30, 2022 | -30.61% |
| Mar 31, 2022 | 126.24% |
| Dec 31, 2021 | 44.34% |
| Sep 30, 2021 | 23.33% |
| Jun 30, 2021 | 105.91% |