Ero Copper (ERO) Tax Rate (2023)
Ero Copper (ERO) recorded Tax Rate of -17.55% in the quarter ended Jun 30, 2026, down 2.00 percentage points from -15.55% a year earlier and down 3.49 percentage points from the prior quarter.
Ero Copper (ERO) Tax Rate (2023) Analysis & Trends
On a TTM basis, Ero Copper's Tax Rate came in at -18.89% as of Jun 30, 2026, up 4.83 percentage points year-over-year; for the year ended Dec 31, 2025, it came in at -19.35%, down 9.21 percentage points from the prior year.
- Annual Tax Rate has a five-year change of -4.82 percentage points (years ended Dec 2020 to Dec 2025).
- Across earlier years, Tax Rate came in at -10.14% in the year ended Dec 31, 2024 (+5.92 pp), -16.06% in the year ended Dec 31, 2023 (+2.39 pp), -18.45% in the year ended Dec 31, 2022 (-3.98 pp) and -14.47% in the year ended Dec 31, 2021 (+0.06 pp).
- Quarterly Tax Rate has ranged from -59.69% in the quarter ended Mar 31, 2024 to 205.79% in the quarter ended Sep 30, 2023 over the past five years.
- On a year-over-year basis, Tax Rate rose in four of the last eight quarters, with an average year-over-year change of -23.75 percentage points.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 237.85 percentage points in the quarter ended Sep 30, 2023, against a drop of 222.55 percentage points in the quarter ended Sep 30, 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at -14.06% (quarter ended Mar 31, 2026), -22.95% (quarter ended Dec 31, 2025) and -25.92% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 181.90 Bn | 148.03 Bn | - | - |
| 2 | Southern Copper | 169.19 Bn | 148.06 Bn | 2.90 Bn | - |
| 3 | Newmont | 121.55 Bn | 89.73 Bn | 4.03 Bn | 31.74% |
| 4 | Ternium | 108.92 Bn | 73.97 Bn | 941.02 Mn | - |
| 5 | Freeport-Mcmoran | 100.46 Bn | 96.62 Bn | 2.19 Bn | 28.19% |
| 6 | Agnico Eagle Mines | 91.62 Bn | 91.62 Bn | 2.43 Bn | 31.10% |
| 7 | Barrick Mining | 68.12 Bn | 52.86 Bn | 2.90 Bn | - |
| 8 | Nucor | 53.04 Bn | 43.58 Bn | 2.03 Bn | 21.23% |
| 9 | ArcelorMittal | 50.74 Bn | 31.77 Bn | - | - |
| 10 | Ero Copper | 3.83 Bn | 3.47 Bn | 121.42 Mn | - |
Ero Copper Tax Rate 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=tax-rate&ticker=ERO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=ERO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();