Ero Copper Corp. (ERO) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 12, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 40-F for FY2025, filed Mar 30, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the ERO SEC filings page.
Ero Copper Corp. (ERO) reported $785.8M in revenue for fiscal year 2025, up 67.1% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 6 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Capital-intensive production converted a sharp 2025 revenue rebound into cash, but reinvestment still absorbs much of operating generation.
In FY2025, operating cash flow of$395M exceeded net income of$267M , indicating earnings were accompanied by cash generation rather than existing only on paper. Yet free cash flow was only$132M after$263M of capital expenditure, so the business’s cash economics remain heavily shaped by reinvestment rather than profit alone.
Revenue rebounded from
Reported debt-to-equity stayed near zero while total liabilities reached
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Ero Copper Corp.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Not available for Ero Copper Corp., and counted as zero in the overall score.
Ero Copper Corp.'s revenue surged 67.1% year-over-year to $785.8M, reflecting rapid business expansion. This strong growth earns a score of 92/100.
Ero Copper Corp. carries a low D/E ratio of 0.01, meaning only $0.01 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 88/100, indicating a strong balance sheet with room for future borrowing.
Ero Copper Corp.'s current ratio of 1.06 is below the typical benchmark, resulting in a score of 21/100. This tight liquidity could limit financial flexibility if cash inflows slow.
Ero Copper Corp.'s free cash flow margin of 16.9% results in a low score of 9/100. Capital expenditures of $262.8M absorb a large share of operating cash flow.
Not available for Ero Copper Corp., and counted as zero in the overall score.
Ero Copper Corp. passes 7 of 8 computable financial strength tests (1 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), 2 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Ero Copper Corp. generates $1.48 in operating cash flow ($395.1M OCF vs $266.9M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Earnings & Revenue
None of these metrics is reported for Q4 2025.
Cash & Balance Sheet
Ero Copper Corp. held $105.4M in cash against $8.9M in long-term debt as of Q4 2025, with $260.7M of liabilities due within a year.
Not reported for Q4 2025.
Not reported for Q4 2025.
Margins & Returns
None of these metrics is reported for Q4 2025.
Capital Allocation
None of these metrics is reported for Q4 2025.
ERO Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, Interest Expense, Income Tax, Net Income, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).
ERO Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2540-F | Q4'2440-F | Q4'2310-K | Q4'2210-K | Q4'2110-K | Q4'2010-K | Q4'1910-K |
|---|---|---|---|---|---|---|---|
| Total Assets | $1.9B+32.0% | $1.5B-3.5% | $1.5B+27.2% | $1.2B+72.2% | $689.8M+38.8% | $497.1M | N/A |
| Current Assets | $276.2M+94.8% | $141.8M-28.9% | $199.5M-49.2% | $392.4M+88.0% | $208.7M+63.6% | $127.5M | N/A |
| Cash & Equivalents | $105.4M+109.2% | $50.4M-54.9% | $111.7M-37.1% | $177.7M+36.6% | $130.1M+108.2% | $62.5M+190.9% | $21.5M |
| Inventory | $107.1M+154.5% | $42.1M-0.4% | $42.3M+36.5% | $31.0M+19.0% | $26.0M+2.1% | $25.5M | N/A |
| Total Liabilities | $986.0M+13.7% | $867.0M+23.4% | $702.4M+8.7% | $645.9M+119.5% | $294.3M+4.0% | $283.0M | N/A |
| Current Liabilities | $260.7M+23.2% | $211.7M+21.8% | $173.8M+34.6% | $129.1M+5.3% | $122.7M+33.7% | $91.7M | N/A |
| Non-Current Liabilities | $725.3M+10.7% | $655.2M+24.0% | $528.6M+2.3% | $516.8M+201.1% | $171.6M-10.3% | $191.3M | N/A |
| Long-Term Debt | $8.9M+28.2% | $7.0M-18.9% | $8.6M+81.6% | $4.7M+97.6% | $2.4M+593.4% | $346K-99.8% | $159.4M |
| Total Equity | $937.9M+58.7% | $591.1M-27.0% | $809.3M+49.3% | $542.2M+37.1% | $395.5M+84.7% | $214.1M+7.5% | $199.1M |
| Retained Earnings | $744.8M+54.8% | $481.1M-12.5% | $549.5M+20.3% | $456.7M+28.7% | $354.9M+130.7% | $153.8M | N/A |
Not reported in any period shown, so not listed: Short-Term Investments, Accounts Receivable, Long-Term Investments, Goodwill.
ERO Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Operating Cash Flow, Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Financing Cash Flow, Dividends Paid, Share Buybacks.
ERO Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Return on Assets, Asset Turnover, FCF Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Ero Copper Corp. ERO | FY2025 | $785.8M | $266.9M | 34.0% | $3.7B | 35/100 |
| Ivanhoe Electric Inc. IE | FY2025 | $3.2M | -$105.9M | N/A | $1.7B | 46/100 |
| Hudbay Minerals HBM | FY2025 | $2.2B | $564.3M | 25.5% | $11.8B | 42/100 |
| Freeport-McMoRan Inc. FCX | FY2025 | $25.9B | $2.2B | 8.5% | $109.5B | 66/100 |
Where Ero Copper Corp. Ranks
Frequently Asked Questions
What is Ero Copper Corp.'s annual revenue?
Ero Copper Corp. (ERO) reported $785.8M in total revenue for fiscal year 2025. This represents a 67.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Ero Copper Corp.'s revenue growing?
Ero Copper Corp. (ERO) revenue grew by 67.1% year-over-year, from $470.3M to $785.8M in fiscal year 2025.
Is Ero Copper Corp. profitable?
Yes, Ero Copper Corp. (ERO) reported a net income of $266.9M in fiscal year 2025, with a net profit margin of 34.0%.
How much debt does Ero Copper Corp. have?
As of fiscal year 2025, Ero Copper Corp. (ERO) had $105.4M in cash and equivalents against $8.9M in long-term debt.
What is Ero Copper Corp.'s net profit margin?
Ero Copper Corp. (ERO) had a net profit margin of 34.0% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Ero Copper Corp.'s return on equity (ROE)?
Ero Copper Corp. (ERO) has a return on equity of 28.5% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Ero Copper Corp.'s free cash flow?
Ero Copper Corp. (ERO) generated $132.4M in free cash flow during fiscal year 2025. This represents a 172.1% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Ero Copper Corp.'s operating cash flow?
Ero Copper Corp. (ERO) generated $395.1M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Ero Copper Corp.'s total assets?
Ero Copper Corp. (ERO) had $1.9B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Ero Copper Corp.'s capital expenditures?
Ero Copper Corp. (ERO) invested $262.8M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Ero Copper Corp.'s current ratio?
Ero Copper Corp. (ERO) had a current ratio of 1.06 as of fiscal year 2025, which is considered adequate.
What is Ero Copper Corp.'s debt-to-equity ratio?
Ero Copper Corp. (ERO) had a debt-to-equity ratio of 0.01 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Ero Copper Corp.'s return on assets (ROA)?
Ero Copper Corp. (ERO) had a return on assets of 13.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Ero Copper Corp.'s P/E ratio?
Ero Copper Corp. (ERO) trades at 13.9x earnings, its market capitalization divided by net income of $266.9M net income, FY2025. The market capitalization is $3.7B as of Sep 12, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Ero Copper Corp.'s price-to-sales ratio?
Ero Copper Corp. (ERO) trades at 4.7x sales, its market capitalization divided by revenue of $785.8M revenue, FY2025. The market capitalization is $3.7B as of Sep 12, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Ero Copper Corp.'s Piotroski F-Score?
Ero Copper Corp. (ERO) has a Piotroski F-Score of 7 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Ero Copper Corp.'s earnings high quality?
Ero Copper Corp. (ERO) has an earnings quality ratio of 1.48x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Ero Copper Corp.?
Ero Copper Corp. (ERO) scores 35 out of 100 on our Financial Health Score, indicating weak standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.