Ero Copper (TSX:ERO) Total Operating Expense: C$106 Mil (TTM As of Mar. 2026)


TSX:ERO Ero Copper Corp TSX:ERO
91 GF Score
Price C$38.06
GF Value C$52.38
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Ero Copper Total Operating Expense?

Ero Copper TSX:ERO +2.86% 91 Total Operating Expense is C$106 Mil as of Mar. 2026. GuruFocus rates TSX:ERO with a GF Score™ of 91/100 and a GF Value™ of C$52.38 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Ero Copper's Total Operating Expense for the three months ended in Mar. 2026 was C$20 Mil. Ero Copper's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was C$106 Mil.

Ero Copper Total Operating Expense Related Terms

Ero Copper Total Operating Expense Historical Data

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The historical data trend for Ero Copper's Total Operating Expense 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 Total Operating Expense Chart

Ero Copper Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 61.15 80.94 86.33 88.22 106.98

Ero Copper Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Operating Expense 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 19.22 27.59 27.98 30.84 19.87
TSX:ERO
91GF Score
Ero Copper Corp TSX:ERO
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Ero Copper Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$106 Mil.

* 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.

What does a Total Operating Expense of C$106 Mil mean?
Ero Copper (TSX:ERO) has a Total Operating Expense of C$106 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Ero Copper and its competitors.
Is Ero Copper's Total Operating Expense too high?
Ero Copper's current Total Operating Expense is C$106 Mil. 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 Total Operating Expense compare to SCCO and FCX?
Ero Copper's Total Operating Expense of C$106 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Operating Expense for a Metals & Mining company?
A good Total Operating Expense depends on the Metals & Mining industry context. However, Total Operating Expense 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 Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on Ero Copper and its competitors. Ero Copper's current Total Operating Expense is C$106 Mil. 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 (TSX:ERO) is currently considered Modestly Undervalued. The stock's GF Value™ is C$52.38, compared to a current price of C$38.06 — trading 27.3% below its estimated fair value. The current Total Operating Expense is C$106 Mil. 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 Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Ero Copper (TSX:ERO), the current Total Operating Expense is C$106 Mil 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 (TSX:ERO) Overvalued in 2026?

Based on GuruFocus' analysis, Ero Copper stock appears to be undervalued. The current stock price of C$38.06 is trading 27.3% below its estimated GF Value™ of C$52.38. GuruFocus considers Ero Copper to be Modestly Undervalued.

Key valuation signals for TSX:ERO:

  • Total Operating Expense: C$106 Mil
  • GF Value™: C$52.38 vs. price of C$38.06 (27.3% below fair value)
  • GF Score™: 91/100 with 5 warning signs

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

Ero Copper Business Description

Other Exchanges ERO:USAE0B:Germany
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 TSX:ERO

Total Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$38.06
Price
C$52.38
GF Value