Companies: 10,795·Total market cap: $144.5T
Ero Copper Corp.

Ero Copper Corp.

ERO.TOTSXBasic Materials● Active
$37.37
+$1.56(+4.36%)
Market Cap$3.9B
P/E Ratio—
52W High$53.69
52W Low$17.66
Free Cash FlowFinancialsRevenue

Ero Copper Corp. (ERO.TO) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

ERO.TO · free cash flow · updated Jun 8, 2026

Core FCF metrics

Free cash flow was $91.2M for FY2025 (fiscal year ending 2025-12-31), up 147.5% year-over-year The FCF margin was 11.4%. Five-year CAGR stands at +15.2%.

FY2025 Free Cash Flow$91.2M▲ +147.5% YoY
Trailing 12M (TTM)$120.6Mtrailing 4 quarters sum
FCF Margin11.4%$91.2M ÷ revenue
3-Year CAGRN/AN/A — contains negative FCF
5-Year CAGR+15.2%FY2020 → FY2025
FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0
Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

Positive FCFNegative FCF
Free Cash Flow
YoY Growth %
ero.to free cash flow history · ero.to free cash flow chart · ero.to free cash flow growth rate · ero.to free cash flow last 10 years

Annual free cash flow data

Fiscal YearFree Cash FlowYoY ChangeFCF Margin
FY2025Latest$91.2M▲ +147.5%11.4%
FY2024−$192.2M▲ +35.4%-40.9%
FY2023−$297.6M▼ 95.2%-69.6%
FY2022−$152.4M▼ 183.4%-35.8%
FY2021$182.8M▲ +305.8%37.3%
FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP
ero.to free cash flow 2025 · ero.to free cash flow 2024 · ero.to free cash flow 2023 · ero.to operating cash flow

FCF valuation metrics

Ero Copper Corp. (ERO.TO) trades at a FCF yield of 4.29% and a price-to-free-cash-flow ratio of 32.2x. FCF per share stands at $1.16, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)
4.29%
Free Cash Flow ÷ Market Cap
per FMP freeCashFlowYieldTTM definition
FCF per Share (TTM)
$1.16
TTM FCF ÷ Shares Outstanding
Price / FCF
x32.2
Share Price ÷ FCF per Share
EV / FCF (TTM)
x27.6
Enterprise Value basis
Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31
ero.to price to free cash flow · ero.to free cash flow yield · ero.to free cash flow per share · ero.to price to cash flow ratio

Cash flow statement summary

For FY2025, Ero Copper Corp. generated $358.6M in operating cash flow and spent 267M in capital expenditures, yielding $91.2M in free cash flow.

Operating Activities
+$358.6M
Cash from core business operations
2025-12-31
Investing Activities
−$283.5M
CapEx, acquisitions & investments
2025-12-31
Financing Activities
−$17.3M
Buybacks, dividends & debt
2025-12-31
FCF FormulaOperating CF ($358.6M) − |CapEx| (267M) = FCF ($91.2M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →
ero.to cash flow statement · ero.to cash flow statement 2025 · ero.to operating cash flow · ero.to cash flow from operations

Free cash flow vs peers (Basic Materials)

#CompanyFree Cash FlowYoY
#1
Ero Copper Corp.
Ero Copper Corp.YOU
ERO.TO
$91.2M+147.5%
#2
BHP Group Limited
BHP Group Limited
BHP
$9.28B-21.7%#3
Linde plc
Linde plc
LIN
$5.09B+3.3%#4
Rio Tinto Group
Rio Tinto Group
RIO
$4.82B-19.3%#5
Southern Copper Corporation
Southern Copper Corporation
SCCO
$3.43B+1.0%#6
Newmont Corporation
Newmont Corporation
NGT.TO
$2.96B+2952.6%
Basic Materials · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Ero Copper Corp. (ERO.TO) reported free cash flow of $91.2M for FY2025 (fiscal year ending 2025-12-31), up 147.5% year-over-year. The FCF margin was 11.4%.

Based on available data, Ero Copper Corp. has maintained positive free cash flow for at least 4 fiscal year(s). FCF peaked at $182.8M in FY2021. The 5-year CAGR stands at +15.2%.

Ero Copper Corp.'s FCF yield is 4.29% and price-to-FCF ratio is 32.2x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.
RevenueFinancial statementsNet incomeEarningsForecastPrice historyMarket capCash on handP/E ratio

Frequently asked questions

ERO.TO free cash flow · 8 questions

Ero Copper Corp. free cash flow was $91.2M for FY2025, up 147.5% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $120.6M.

ERO.TO free cash flowERO.TO FCFERO.TO FCF 2025ERO.TO free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Ero Copper Corp. · Ero Copper Corp. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026