Ero Copper Corp
NYSE:ERO
Operating Margin
Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.
Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.
Peer Comparison
| Country | Company | Market Cap |
Operating Margin |
||
|---|---|---|---|---|---|
| CA |
|
Ero Copper Corp
TSX:ERO
|
5B CAD |
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|
|
| US |
|
Southern Copper Corp
NYSE:SCCO
|
159.2B USD |
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|
|
| US |
|
Freeport-McMoRan Inc
NYSE:FCX
|
88.7B USD |
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|
|
| UK |
|
Antofagasta PLC
LSE:ANTO
|
38B GBP |
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|
|
| CN |
|
Jiangxi Copper Co Ltd
SSE:600362
|
203.3B CNY |
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|
|
| CA |
|
First Quantum Minerals Ltd
TSX:FM
|
31.4B CAD |
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|
|
| CA |
|
Lundin Mining Corp
TSX:LUN
|
28.7B CAD |
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|
|
| PL |
|
KGHM Polska Miedz SA
WSE:KGH
|
68.7B PLN |
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|
|
| CN |
|
Tongling Nonferrous Metals Group Co Ltd
SZSE:000630
|
101B CNY |
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|
|
| DE |
A
|
Aurubis AG
XETRA:NDA
|
7.5B EUR |
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|
|
| CN |
Y
|
Yunnan Copper Co Ltd
SZSE:000878
|
49.5B CNY |
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|
Market Distribution
| Min | -4 710 029.9% |
| 30th Percentile | -65.8% |
| Median | -2.4% |
| 70th Percentile | 11% |
| Max | 71 100% |
Other Profitability Ratios
Ero Copper Corp
Glance View
Ero Copper Corp. is a Canadian mining company that digs deep into the rich, red earth of Brazil, focusing its efforts on copper, gold, and silver production. The company's operational heart beats in the lush landscapes of the Curaçá Valley, where its cornerstone asset, the MCSA Mining Complex, is located. This area is renowned for its high-grade copper deposits and Ero Copper harnesses advanced mining techniques to sustainably extract and process copper ore. The production journey starts with the extraction of ore from mines, followed by crushing, grinding, and flotation processes to produce copper concentrate. This is then sold to smelters and refiners who further process it into pure copper, a commodity in high demand for electrical equipment, construction, and renewable energy systems. Ero Copper's business strategy revolves around maximizing the value of their mineral-rich assets, adopting technologies to enhance their extraction and processing efficiency, and expanding their mineral resource base. By reinvesting in exploration and drilling programs, the company continually extends the life of its mines, thus ensuring a steady flow of output. Aside from their copper operations, Ero Copper also cultivates potential revenue streams from the byproducts of its primary production, like gold and silver, which are integral to electronics and jewelry industries. By honing in on efficient operations, robust safety practices, and sustainability measures, Ero Copper solidifies its place in the global market as a significant copper producer, riding the wave of green energy demand where copper plays an essential role.
See Also
Operating Margin is calculated by dividing the Operating Income by the Revenue.
The current Operating Margin for Ero Copper Corp is 30%, which is above its 3-year median of 24.6%.
Over the last 3 years, Ero Copper Corp’s Operating Margin has decreased from 37.4% to 30%. During this period, it reached a low of 19.8% on Mar 31, 2024 and a high of 37.4% on Aug 30, 2022.