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

Ero Copper's Operating Margin history runs 7 years deep, the most recent figure standing at 35.04% for Q1 2026.

• In Q1 2026, Operating Margin rose 68.0% year-over-year to 35.04%; the TTM figure through Mar 2026 stood at 34.62% (up 627.0% YoY), while the FY2025 annual figure was 34.43%, up 1127.0% from the prior year.
• Operating Margin was 35.04% for Q1 2026 at Ero Copper, down from 44.22% in the prior quarter.
• In the past five years, Operating Margin ranged from a high of 66.3% in Q1 2022 to a low of 12.4% in Q1 2024.
• Historically, Operating Margin has averaged 39.41% across 5 years, with a median of 40.2% in 2022.
• The sharpest annual moves came in 2024 and 2025: Operating Margin sank 3943 bps in 2024, then soared 2196 bps in 2025.
• A 5-year view of Operating Margin shows it stood at 57.23% in 2022, then decreased by 19 bps to 46.4% in 2023, then fell by 20 bps to 37.04% in 2024, then increased by 19 bps to 44.22% in 2025, then dropped by 21 bps to 35.04% in 2026.
• The last three Operating Margin figures came in at 35.04% (Q1 2026), 44.22% (Q4 2025), and 21.5% (Q3 2025), per Business Quant data.