ERO (Ero Copper) FCF Margin %: 12.14% (As of Mar. 2026)


ERO Ero Copper Corp ERO
91 GF Score
Price $26.18
GF Value $36.24
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Ero Copper FCF Margin %?

Ero Copper ERO -5.66% 91 FCF Margin % is 12.14% as of Mar. 2026. GuruFocus rates ERO with a GF Score™ of 91/100 and a GF Value™ of $36.24 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 847 Metals & Mining companies, Ero Copper ranks better than 80.05% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Ero Copper's Free Cash Flow for the three months ended in Mar. 2026 was $31.9 Mil. Ero Copper's Revenue for the three months ended in Mar. 2026 was $263.2 Mil. Therefore, Ero Copper's FCF Margin % for the quarter that ended in Mar. 2026 was 12.14%.

As of today, Ero Copper's current FCF Yield % is 5.07%.

The historical rank and industry rank for Ero Copper's FCF Margin % or its related term are showing as below:

ERO' s FCF Margin % Range Over the Past 10 Years
Min: -69.61   Med: -7.82   Max: 37.3
Current: 15.02


During the past 10 years, the highest FCF Margin % of Ero Copper was 37.30%. The lowest was -69.61%. And the median was -7.82%.

ERO's FCF Margin % is ranked better than
80.05% of 847 companies
in the Metals & Mining industry
Industry Median: -2.17 vs ERO: 15.02


Ero Copper FCF Margin % Related Terms


Ero Copper FCF Margin % Historical Data

* Premium members only.

The historical data trend for Ero Copper's FCF Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Ero Copper FCF Margin % Chart

Ero Copper Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.30 -35.75 -69.61 -40.86 14.34

Ero Copper Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
FCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.72 11.61 19.02 16.91 12.14

ERO vs SCCO, FCX: FCF Margin % Comparison

For the Copper subindustry, Ero Copper's FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ero Copper FCF Margin % vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Ero Copper's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Ero Copper's FCF Margin % falls into.


ERO
91GF Score
Ero Copper Corp ERO
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ero Copper FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Ero Copper's FCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=112.697/785.844
=14.34 %

Ero Copper's FCF Margin for the quarter that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=31.944/263.17
=12.14 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about FCF Margin % →
What does a FCF Margin % of 12.14% mean?
Ero Copper (ERO) has a FCF Margin % of 12.14% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Ero Copper and its competitors. According to the industry distribution chart, Ero Copper ranks #169 out of 847 companies in the Metals & Mining industry, placing it in the top 20%.
Is Ero Copper's FCF Margin % too high?
Ero Copper's current FCF Margin % is 12.14%. Based on the distribution chart, Ero Copper ranks #169 out of 847 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Ero Copper has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ero Copper's FCF Margin % compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, Ero Copper ranks #169 out of 847 companies for FCF Margin %. This places Ero Copper in the top 20% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a Metals & Mining company?
A good FCF Margin % depends on the Metals & Mining industry context. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Ero Copper and its competitors. Ero Copper's current FCF Margin % is 12.14%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ero Copper stock overvalued right now?
Based on GuruFocus' analysis, Ero Copper (ERO) is currently considered Modestly Undervalued. The stock's GF Value™ is $36.24, compared to a current price of $26.18 — trading 27.8% below its estimated fair value. The current FCF Margin % is 12.14%. Ero Copper's overall GF Score™ is 91/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Ero Copper (ERO), the current FCF Margin % is 12.14% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ero Copper (ERO) Overvalued in 2026?

Based on GuruFocus' analysis, Ero Copper stock appears to be undervalued. The current stock price of $26.18 is trading 27.8% below its estimated GF Value™ of $36.24. GuruFocus considers Ero Copper to be Modestly Undervalued.

Key valuation signals for ERO:

  • FCF Margin %: 12.14%
  • GF Value™: $36.24 vs. price of $26.18 (27.8% below fair value)
  • GF Score™: 91/100 with 5 warning signs

No single metric tells the full story. See the ERO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ero Copper Business Description

Other Exchanges E0B:GermanyERO:Canada
Address 625 Howe Street, Suite 1050, Vancouver, BC, CAN, V6C 2T6
Ero Copper Corp is a high-margin, high-growth copper producer with operations in Brazil. Its primary asset is its 99.6% ownership interest in Mineracao Caraiba S.A., held indirectly through its wholly-owned subsidiary. The company also owns a 97.6% ownership interest in NX Gold S.A. indirectly through its wholly-owned subsidiary. Its reporting segments include its three operating mines in Brazil, the Caraiba Operations, the Tucuma Operation, and the Xavantina Operations, and its corporate head office in Canada.
91GF Score

Get the complete analysis for ERO

FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$26.18
Price
$36.24
GF Value