Ero Copper Corp. (ERO)

NYSE: ERO · Metal Mining · Vancouver, BC · filing with the SEC since 2021

Full chart Alerts Compare

Grade7.1

◀ Past 6.8● Present 7.0▶ Future 7.7

1 est.

Overview Business Financials Grade Forecast Sentiment Ownership People Filings Patents Chart

The grade of Ero Copper Corp.

Nine metrics read from its own filings, by tense

Headline grade

7.1/10

◀ Past6.840% of the headline

● Present7.035% of the headline

▶ Future7.725% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

6.8/1040% of the headline grade · 3 of 3 filed

Surviving crises

as filed

6.8/10

Has it survived what it has been through?

No warning events in its filings since 2021.

weight 45% of this tense · 68th percentile among 44 sector filers · read for itself

From the record

Ero Copper Corp.'s filings since 2021 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed

8.4/10

What has it actually done, year after year?

+19.4% a year over 6 filed years; profitable in 5 of 6.

weight 33% of this tense · 84th percentile among 22 sector filers · read for its customers

From the record

Ero Copper Corp.'s 6 filed years say what it did: revenue went from $324 million in fiscal 2020 to $786 million in fiscal 2025, up 19.4% a year; it rose in 4 of 5 years; the deepest fall was 13% from fiscal 2021 to fiscal 2022; net income was positive in 5 of 6 of those years (its annual reports).

What it rests on

revenue growth over the filed span19.4%top 22% of its family
the share of years revenue rosetop 7% of its family
the share of filed years with a profittop 21% of its family
the deepest fall from a revenue peak13.0%top 11% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed

4.3/10

How has it treated the people who own it?

Share count grew 4.2% a year. 0% of cash flow returned. Insiders: 0 sales, 0 purchases.

weight 22% of this tense · 43rd percentile among 12 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, Ero Copper Corp.'s diluted share count grew about 4.2% a year, and dividends and buybacks returned about 0% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 0 sales and 0 purchases of their own stock on the open market in the year to 2026-09-30 (their Form 4 filings).

What it rests on

the share count over the yearstop 34% of its family
cash returned against operating cash flowbottom 19% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

7.0/1035% of the headline grade · 2 of 3 filed, 1 estimated

Financial health

as filed

7.2/10

Is it financially healthy right now?

ROE 28%: 28¢ of profit per shareholder dollar. Leverage 51%: owes 51¢ per asset dollar.

weight 45% of this tense · 72nd percentile among 35 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Ero Copper Corp. earned about 28 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 18 cents per dollar of everything the company owns. Leverage: it owed about 51 cents per dollar of assets, and net share issuance: its share count grew 1.0% over the year (the filed statements).

What it rests on

what it owes per dollar of assetsbottom 30% of its family
return on equitytop 5% of its family
gross profit against assetstop 9% of its family
the share count against the year beforetop 29% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed

8.1/10

How strong is its position in its industry?

top 19% of 24 in its family; net margin 34%.

weight 33% of this tense · 81st percentile among 24 sector filers · read for its customers

From the record

Ero Copper Corp.'s standing among 24 graded names in its industry family: revenue of $786 million in fiscal 2025 ranks in the top 46% by size; a net margin of 34% ranks in the top 6%; revenue growth of 22.6% a year over the last 3 filed years ranks in the top 7% (its annual reports).

What it rests on

revenue against the family$786Mtop 46% of its family
net margin34.0%top 6% of its family
three-year revenue growth22.6%top 7% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

SI estimate

5.0/10

What are the people in charge doing?

SI estimate 5.0/10, confidence 20 of 100 (family median).

weight 22% of this tense · 50th percentile among 19 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate: It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; no officer or director has filed a Form 3, 4 or 5 for it in the last fifteen months, so the years in charge cannot be read, so the desk assumes the typical reading of its industry family, the median of 19 members with one.
What the record cannot read: It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; no officer or director has filed a Form 3, 4 or 5 for it in the last fifteen months, so the years in charge cannot be read.
How it was reasoned: family median, 19 readings behind it.
Confidence: 20 of 100
What would change it: Its next annual report on file with the inputs replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Ero Copper Corp.'s leadership is put at 5.0 of 10 with a confidence of 20 of 100, because it files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; no officer or director has filed a Form 3, 4 or 5 for it in the last fifteen months, so the years in charge cannot be read, so the desk assumes the typical reading of its industry family, the median of 19 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.

▶ Future

What are they set up to do next?

7.7/1025% of the headline grade · 3 of 3 filed

Room to expand

as filed

6.4/10

How much room does it have to grow?

top 36% of 20 in its family for room to expand.

weight 22% of this tense · 64th percentile among 20 sector filers · read for itself

From the record

Ero Copper Corp.'s room to grow, from the newest filed statements (fiscal 2025): cash of $105 million against no long-term debt tagged leaves 5.5% of its assets as net cash, bottom 44% of its family; cash from operations less capital spending is 16.8% of revenue (top 24%); a gross margin of 43.9% (top 28%) (its annual report).

What it rests on

cash less debt against assets5.5%bottom 44% of its family
cash from operations less capital spending against revenue16.8%top 24% of its family
gross margin43.9%top 28% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed

7.2/10

What could actually drive growth from here?

top 28% of 21 in its family for growth drivers.

weight 33% of this tense · 72nd percentile among 21 sector filers · read for its customers

From the record

Ero Copper Corp.'s growth drivers, from the filed years to fiscal 2025: revenue grew 22.6% a year over the last three filed years against 19.4% over all 6, speeding up (top 22% of its family); the newest year grew 67.2% (top 7%); capital spending grew -2.4% a year (bottom 47%) (its annual reports). Ero Copper Corp. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

What it rests on

three-year growth against the whole span+3.2 points a yeartop 22% of its family
the newest year's revenue growth67.2%top 7% of its family
three-year growth of capital spending-2.4%bottom 47% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed

8.7/10

Did its newest year beat what its own record pointed to?

top 14% of 18 in its family for expectations against reality.

weight 45% of this tense · 86th percentile among 18 sector filers · read for its shareholders

From the record

Ero Copper Corp.'s newest year against its own record: revenue of $786 million in fiscal 2025 came in 59.1% above the $494 million its prior three years' pace pointed to (top 18% of its family); net income of $267 million against a prior three-year average of $43 million (top 8%); a net margin of 34% against 10.6% before (top 14%) (its annual reports).

What it rests on

revenue against the prior three years' pace59.1%top 18% of its family
net income against the prior three years' averagefive times its prior average or moretop 8% of its family
net margin against its prior average+23.4 pointstop 14% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton ERO · research, not advice