Ero Copper (ERO) Return on Capital Employed [ROCE] (2021 - 2026)
Ero Copper (ERO) reported Return on Capital Employed [ROCE] of 32.51% for the quarter ended Jun 30, 2026, up 10.60 percentage points from 21.91% a year earlier and up 1.63 percentage points from the prior quarter.
Ero Copper (ERO) Return on Capital Employed [ROCE] (2021 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, Ero Copper posted Return on Capital Employed [ROCE] of 38.39%, up 29.83 percentage points from the prior year.
- Return on Capital Employed [ROCE] has a four-year change of -19.43 percentage points (years ended Dec 2021 to Dec 2025).
- By year, Return on Capital Employed [ROCE] came in at 8.56% in the year ended Dec 31, 2024 (+0.46 pp), 8.09% in the year ended Dec 31, 2023 (-7.93 pp), 16.03% in the year ended Dec 31, 2022 (-41.79 pp) and 57.81% in the year ended Dec 31, 2021.
- The figure for the quarter ended Jun 30, 2026 ranks as the highest quarterly Return on Capital Employed [ROCE] since the quarter ended Sep 30, 2023.
- Year over year, Return on Capital Employed [ROCE] has now increased in each of the last six quarters, with an average year-over-year change of +2.78 percentage points over the last eight quarters.
- The high point for year-over-year Return on Capital Employed [ROCE] in five years was the quarter ended Dec 31, 2025 (a gain of 21.05 percentage points); the low point was the quarter ended Mar 31, 2023 (a drop of 76.05 percentage points).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at 30.88% (quarter ended Mar 31, 2026), 29.60% (quarter ended Dec 31, 2025) and 20.77% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 193.68 Bn | 159.81 Bn | - | - |
| 2 | Southern Copper | 171.36 Bn | 150.22 Bn | 2.90 Bn | 42.99% |
| 3 | Newmont | 121.76 Bn | 89.94 Bn | 4.03 Bn | 9.92% |
| 4 | Ternium | 113.51 Bn | 78.56 Bn | 941.02 Mn | 7.19% |
| 5 | Freeport-Mcmoran | 103.45 Bn | 99.60 Bn | 2.19 Bn | 13.20% |
| 6 | Agnico Eagle Mines | 91.92 Bn | 91.92 Bn | 2.43 Bn | 42.05% |
| 7 | Barrick Mining | 67.42 Bn | 52.16 Bn | 2.90 Bn | 23.46% |
| 8 | Nucor | 54.54 Bn | 45.08 Bn | 2.03 Bn | 13.42% |
| 9 | ArcelorMittal | 49.09 Bn | 30.12 Bn | - | 3.51% |
| 10 | Ero Copper | 3.95 Bn | 3.59 Bn | 121.42 Mn | 32.51% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 32.51% |
| Mar 31, 2026 | 30.88% |
| Dec 31, 2025 | 29.60% |
| Sep 30, 2025 | 20.77% |
| Jun 30, 2025 | 21.91% |
| Mar 31, 2025 | 22.94% |
| Dec 31, 2024 | 8.55% |
| Sep 30, 2024 | 17.38% |
| Jun 30, 2024 | 18.99% |
| Mar 31, 2024 | 21.66% |
| Dec 31, 2023 | 16.97% |
| Sep 30, 2023 | 33.89% |
| Jun 30, 2023 | 34.16% |
| Mar 31, 2023 | 37.96% |
| Dec 31, 2022 | 23.27% |
| Sep 30, 2022 | 53.32% |
| Jun 30, 2022 | 59.22% |
| Mar 31, 2022 | 114.01% |
| Dec 31, 2021 | 66.89% |
| Sep 30, 2021 | 92.69% |
Ero Copper Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=ERO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=ERO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();