InsiderClue
Stocks · Materials · Metal Mining

Ero Copper Corp.

ERO Clue Score63
British Columbia, Canada Fiscal year ends December CIK 0001853860
$37.53 -0.21% Close, 12 Oct 2026
Alert on the numbers Alert on insider trades
Price $37.53 +98.05% Close, 12 Oct 2026

Closing prices at the end of each trading day, from 23 Oct 2017. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2020Revenue324.1Operating income151.1Net income51.6EPS, diluted0.56Fiscal year 2021Revenue489.9 +51.2%Operating income272.2Net income201.1 +289.5%EPS, diluted2.21 +294.6%Fiscal year 2022Revenue426.4 −13.0%Operating income129.8Net income101.8 −49.4%EPS, diluted1.10 −50.2%Fiscal year 2023Revenue427.5 +0.3%Operating income95.2Net income92.8 −8.9%EPS, diluted0.98 −10.9%Fiscal year 2024Revenue470.3 +10.0%Operating income108.9Net income−68.5 −173.8%EPS, diluted−0.66 −167.3%Fiscal year 2025Revenue785.8 +67.1%Operating income270.6Net income263.7EPS, diluted2.53
FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 324.1 489.9 426.4 427.5 470.3 785.8
Growth +51.2% −13.0% +0.3% +10.0% +67.1%
Operating income 151.1 272.2 129.8 95.2 108.9 270.6
Net income 51.6 201.1 101.8 92.8 −68.5 263.7
Growth +289.5% −49.4% −8.9% −173.8%
EPS, diluted 0.56 2.21 1.10 0.98 −0.66 2.53
Growth +294.6% −50.2% −10.9% −167.3%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2020Gross margin58.1%Operating margin46.6%Net margin15.9%Free cash flow margin14.0%Fiscal year 2021Gross margin65.1%Operating margin55.6%Net margin41.0%Free cash flow margin39.9%Fiscal year 2022Gross margin43.9%Operating margin30.4%Net margin23.9%Free cash flow margin−32.7%Fiscal year 2023Gross margin36.7%Operating margin22.3%Net margin21.7%Free cash flow margin−66.5%Fiscal year 2024Gross margin38.4%Operating margin23.2%Net margin−14.6%Free cash flow margin−39.0%Fiscal year 2025Gross margin43.9%Operating margin34.4%Net margin33.6%Free cash flow margin16.8%
FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin 58.1% 65.1% 43.9% 36.7% 38.4% 43.9%
Operating margin 46.6% 55.6% 30.4% 22.3% 23.2% 34.4%
Net margin 15.9% 41.0% 23.9% 21.7% −14.6% 33.6%
Free cash flow margin 14.0% 39.9% −32.7% −66.5% −39.0% 16.8%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2020Operating cash flow162.8Capital expenditure−117.6Free cash flow45.2Fiscal year 2021Operating cash flow364.6Capital expenditure−169.2Free cash flow195.4 +332.1%Fiscal year 2022Operating cash flow143.4Capital expenditure−282.8Free cash flow−139.4 −171.3%Fiscal year 2023Operating cash flow163.1Capital expenditure−447.2Free cash flow−284.1Fiscal year 2024Operating cash flow145.4Capital expenditure−329.0Free cash flow−183.5Fiscal year 2025Operating cash flow395.1Capital expenditure−262.8Free cash flow132.4
FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 162.8 364.6 143.4 163.1 145.4 395.1
Capital expenditure −117.6 −169.2 −282.8 −447.2 −329.0 −262.8
Free cash flow 45.2 195.4 −139.4 −284.1 −183.5 132.4
Growth +332.1% −171.3%

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2020Cash62.5Total debt155.6Net cash (debt)−93.1Shareholders’ equity212.7Debt to equity0.73Fiscal year 2021Cash130.1Total debt54.9Net cash (debt)75.2Shareholders’ equity393.1Debt to equity0.14Fiscal year 2022Cash177.7Total debt402.4Net cash (debt)−224.7Shareholders’ equity538.6Debt to equity0.75Fiscal year 2023Cash111.7Total debt405.9Net cash (debt)−294.1Shareholders’ equity804.3Debt to equity0.50Fiscal year 2024Cash50.4Total debt556.3Net cash (debt)−505.9Shareholders’ equity587.1Debt to equity0.95Fiscal year 2025Cash105.4Total debt551.4Net cash (debt)−446.0Shareholders’ equity935.5Debt to equity0.59
FY2020FY2021FY2022FY2023FY2024FY2025
Cash 62.5 130.1 177.7 111.7 50.4 105.4
Total debt 155.6 54.9 402.4 405.9 556.3 551.4
Net cash (debt) −93.1 75.2 −224.7 −294.1 −505.9 −446.0
Shareholders’ equity 212.7 393.1 538.6 804.3 587.1 935.5
Debt to equity 0.73 0.14 0.75 0.50 0.95 0.59

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Margins
58.1% 65.1% 43.9% 36.7% 38.4% 43.9%
46.6% 55.6% 30.4% 22.3% 23.2% 34.4%
19.0% 48.4% 29.6% 26.3% −16.0% 42.1%
15.9% 41.0% 23.9% 21.7% −14.6% 33.6%
14.0% 39.9% −32.7% −66.5% −39.0% 16.8%
Spending
8.6% 7.9% 11.6% 12.3% 10.5% 6.3%
36.3% 34.5% 66.3% 104.6% 70.0% 33.4%
14.5% 14.5% 18.4% 16.1% n/a 19.4%
Returns
24.3% 51.2% 18.9% 11.5% −11.7% 28.2%
10.4% 29.1% 8.6% 6.1% −4.7% 13.7%
Balance and payout
0.73 0.14 0.75 0.50 0.95 0.59
56.9% 42.7% 54.4% 46.5% 59.5% 51.3%