Ero Copper
ERO
36.78
-1.15
-3.03%
Ero Copper
US · ERO
#2286 by market cap
Listed 1970
36.78
-1.15
-3.03%
Live - 5344 symbols - heartbeat 542s ago
· 2026-10-08 07:15
Pre-market
36.10
-1.85%
After-hours
36.99
+0.57%
Overnight
36.78
0.00%
- Market cap
- 3.84B
- P/E (TTM)i
- 12.47
- P/Bi
- 3.16
- EPSi
- 2.53
- Div yieldi
- 0.00%
- 52W posi
- 81%
Reader sentiment
Are you bullish or bearish on ERO?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Good
- Altman Z-Score is 3.75, above the 3.0 "safe zone" threshold.
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 8 years
Latest year +67.11% YoY
Margins
- Gross margin
- 43.85%
- Operating margin
- 33.99%
- Net margin
- 33.56%
Key ratios & quality
- Enterprise valuei
- 4.35B
- PEG ratioi
- 0.33
- Altman Z-Scorei
- 3.75
PEG uses trailing P/E against the 3-year net income growth rate (37.33%/yr) since forward earnings estimates aren't available here, so this is not a "forward PEG." Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 233.11M | 284.84M | 324.08M | 489.92M | 426.39M | 427.48M | 470.26M | 785.84M |
| Gross profit | 82.23M | 117.06M | 188.14M | 318.86M | 187.18M | 156.85M | 180.55M | 344.63M |
| Selling & admin expenses | 31.76M | 39.08M | 36.86M | 46.41M | 57.08M | 60.14M | 57.90M | 72.49M |
| Research & development | -- | -- | -- | -- | -- | -- | -- | -- |
| Operating profit | 46.23M | 96.53M | 159.13M | 271.09M | 127.59M | 92.50M | 118.63M | 267.08M |
| Pretax profit | 2.66M | 74.83M | 61.42M | 236.92M | 126.38M | 112.35M | -75.44M | 330.96M |
| Tax | 5.65M | -17.63M | 8.93M | 34.29M | 23.32M | 18.05M | -7.65M | 64.05M |
| Net profit | -2.99M | 92.46M | 52.50M | 202.63M | 103.07M | 94.30M | -67.79M | 266.91M |
| Basic EPS | 0 | 1 | 1 | 2 | 1 | 1 | -1 | 3 |
| Diluted EPS | -0.04 | 1.01 | 0.56 | 2.21 | 1.10 | 0.98 | -0.66 | 2.53 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 125.09M | 163.51M | 177.09M | 320.15M | 263.17M | 284.31M |
| Gross profit | 55.52M | 67.29M | 57.40M | 164.42M | 105.91M | 121.42M |
| Selling & admin expenses | 12.17M | 18.99M | 18.91M | 22.42M | 13.35M | 13.24M |
| Research & development | -- | -- | -- | -- | -- | -- |
| Operating profit | 42.14M | 47.10M | 37.17M | 142.07M | 91.43M | 107.02M |
| Pretax profit | 95.37M | 84.11M | 49.29M | 102.19M | 127.20M | 110.07M |
| Tax | 14.74M | 13.08M | 12.77M | 23.45M | 17.89M | 19.32M |
| Net profit | 80.63M | 71.03M | 36.51M | 78.74M | 109.31M | 90.75M |
| Basic EPS | 1 | 1 | 0 | 1 | 1 | 1 |
| Diluted EPS | 0.77 | 0.68 | 0.35 | 0.73 | 1.04 | 0.85 |
Balance sheet
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 50.95M | 75.57M | 127.54M | 208.69M | 392.43M | 199.49M | 141.79M | 276.21M |
| Cash & ST investments | 18.94M | 21.49M | 62.51M | 130.13M | 317.40M | 111.74M | 50.40M | 105.44M |
| Inventory | 14.65M | 19.38M | 25.50M | 26.02M | 30.96M | 42.25M | 42.09M | 107.11M |
| Total assets | 360.44M | 462.67M | 497.10M | 689.76M | 1.19B | 1.51B | 1.46B | 1.92B |
| Total current liabilities | 60.27M | 80.48M | 91.72M | 122.66M | 129.12M | 173.80M | 211.71M | 260.72M |
| Short-term debt | 10.60M | 22.14M | 13.94M | 9.06M | 21.93M | 31.38M | 56.80M | 71.99M |
| Long-term debt | 141.63M | 140.39M | 155.56M | 54.91M | 402.35M | 405.85M | 556.30M | 551.40M |
| Total liabilities | 256,617,000.00 | 263,616,000.00 | 283,024,000.00 | 294,272,000.00 | 645,911,000.00 | 702,357,000.00 | 866,954,000.00 | 986,016,000.00 |
| Total equity | 103.82M | 199.06M | 214.08M | 395.49M | 542.17M | 809.33M | 591.07M | 937.86M |
| Retained earnings | 10.34M | 102.22M | 153.84M | 354.90M | 456.73M | 549.53M | 481.06M | 744.78M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 232.29M | 178.52M | 207.41M | 276.21M | 290.30M | 324.00M |
| Cash & ST investments | 80.57M | 68.30M | 66.26M | 105.44M | 91.21M | 101.74M |
| Inventory | 55.54M | 62.35M | 91.63M | 107.11M | 107.74M | 130.00M |
| Total assets | 1.69B | 1.77B | 1.88B | 1.92B | 2.06B | 2.16B |
| Total current liabilities | 222.05M | 212.01M | 252.58M | 260.72M | 224.06M | 236.35M |
| Short-term debt | 66.44M | 74.59M | 67.85M | 71.99M | 54.25M | 48.48M |
| Long-term debt | 589.86M | 569.30M | 561.15M | 551.40M | 542.69M | 519.86M |
| Total liabilities | 967,016,000.00 | 943,491,000.00 | 984,822,000.00 | 986,016,000.00 | 953,688,000.00 | 937,245,000.00 |
| Total equity | 718.68M | 828.92M | 891.50M | 937.86M | 1.10B | 1.22B |
| Retained earnings | 561.28M | 631.83M | 667.81M | 744.78M | 853.55M | 943.09M |
Cash flow
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 82.94M | 127.83M | 162.84M | 364.59M | 143.39M | 163.10M | 145.42M | 395.14M |
| Depreciation & amortization | 45.30M | 46.17M | 39.35M | 47.29M | 58.97M | 83.02M | 87.41M | 115.71M |
| Free cash flow | -18.23M | 21.56M | 45.03M | 182.76M | -152.43M | -297.55M | -192.17M | 112.70M |
| Dividends paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock buybacks / issuance | 1.64M | 1.94M | -- | -- | 0 | 104.33M | -- | -- |
| Ending cash balance | 18.94M | 21.49M | 62.51M | 130.13M | 177.70M | 111.74M | 50.40M | 105.44M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | 65.44M | 90.26M | 110.31M | 129.13M | 92.76M | 137.86M |
| Depreciation & amortization | 18.62M | 25.22M | 31.37M | 40.50M | 38.32M | 38.51M |
| Free cash flow | 5.90M | 18.98M | 33.69M | 54.13M | 31.94M | 51.83M |
| Dividends paid | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock buybacks / issuance | -- | -- | -- | -- | -- | -- |
| Ending cash balance | 80.57M | 68.30M | 66.26M | 105.44M | 91.21M | 101.74M |
Returns & efficiency
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| ROE %i | -2.70 | 60.90 | 25.12 | 66.38 | 21.86 | 13.82 | -9.84 | 34.64 |
| ROA %i | -0.85 | 22.33 | 10.76 | 33.88 | 10.85 | 6.88 | -4.61 | 15.60 |
| ROIC %i | 2.62 | 32.38 | 15.90 | 48.29 | 15.51 | 8.39 | -5.76 | 19.59 |
| 5-year avg ROE %i | -- | -- | -- | 35.75 | 34.31 | 37.62 | 23.47 | 25.37 |
| EBIT margin %i | 7.56 | 30.34 | 22.09 | 49.50 | 34.59 | 29.27 | -15.66 | 44.07 |
| FCF / sales %i | -- | 7.57 | 13.90 | 37.30 | -- | -- | -- | 14.34 |
| Current ratioi | 0.85 | 0.94 | 1.39 | 1.70 | 3.04 | 1.15 | 0.67 | 1.06 |
| Quick ratioi | 0.48 | 0.57 | 1.06 | 1.43 | 2.71 | 0.81 | 0.43 | 0.59 |
| Debt / assetsi | 42.24 | 35.23 | 34.17 | 9.62 | 36.11 | 29.49 | 42.53 | 32.87 |
| LT debt / equityi | 136.81 | 71.07 | 73.30 | 14.58 | 75.58 | 51.53 | 95.94 | 59.90 |
| Interest coveragei | 1.18 | 7.45 | 7.05 | 43.38 | 6.98 | 9.79 | -40.59 | 22.54 |
| Revenue CAGR (3Y) %i | -- | -- | 29.79 | 28.09 | 14.39 | 9.67 | -1.36 | 22.61 |
| Net income CAGR (3Y) %i | -- | -- | 31.96 | -- | 3.49 | 21.59 | -- | 37.33 |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- | -- | -- |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | 2.54 | 19.31 | 17.26 | 34.64 | 32.26 | 30.56 |
| ROA %i | 1.19 | 8.91 | 8.13 | 15.60 | 15.63 | 15.85 |
| ROIC %i | 1.34 | 10.58 | 10.16 | 19.59 | 19.78 | 20.05 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | 6.24 | 32.93 | 31.11 | 44.07 | 41.52 | 39.66 |
| FCF / sales %i | -- | -- | 7.25 | 14.34 | 15.02 | 16.42 |
| Current ratioi | 1.05 | 0.84 | 0.82 | 1.06 | 1.30 | 1.37 |
| Quick ratioi | 0.74 | 0.46 | 0.38 | 0.59 | 0.65 | 0.69 |
| Debt / assetsi | 39.43 | 36.86 | 34.02 | 32.87 | 29.36 | 26.60 |
| LT debt / equityi | 83.81 | 70.29 | 64.46 | 59.90 | 50.02 | 43.25 |
| Interest coveragei | 15.81 | 83.61 | 20.26 | 22.54 | 18.40 | 16.20 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
✦ Quant Revenue Concentration how this is computed
Diversified
- Caraiba (Brazil) is the largest reported line at 39.38% of revenue, across 3 reported segments.
- No single line clears half of revenue; Tucuma (Brazil) is next at 37.79%, spreading the business across more than one real driver.
Revenue breakdown most recent period
Business
Caraiba (Brazil)39.38%
Tucuma (Brazil)37.79%
Xavantina (Brazil)22.82%
Quote time 2026-10-08 07:15:28 · For reference only, not investment advice and not tailored to your situation.