Ero Copper Corp.

TSX:ERO Stock Report

Market Cap: CA$2.0b

Ero Copper Management

Management criteria checks 4/4

Ero Copper's CEO is Makko DeFilippo, appointed in Jan 2021, has a tenure of 4.33 years. total yearly compensation is $2.15M, comprised of 22.1% salary and 77.9% bonuses, including company stock and options. directly owns 0.089% of the company’s shares, worth CA$1.81M. The average tenure of the management team and the board of directors is 3.3 years and 6.3 years respectively.

Key information

Makko DeFilippo

Chief executive officer

US$2.1m

Total compensation

CEO salary percentage22.10%
CEO tenure4.3yrs
CEO ownership0.09%
Management average tenure3.3yrs
Board average tenure6.3yrs

Recent management updates

Recent updates

Ero Copper Corp. Just Recorded A 397% EPS Beat: Here's What Analysts Are Forecasting Next

May 07
Ero Copper Corp. Just Recorded A 397% EPS Beat: Here's What Analysts Are Forecasting Next

Revenues Not Telling The Story For Ero Copper Corp. (TSE:ERO) After Shares Rise 25%

May 04
Revenues Not Telling The Story For Ero Copper Corp. (TSE:ERO) After Shares Rise 25%

Is Ero Copper (TSE:ERO) Using Too Much Debt?

Apr 15
Is Ero Copper (TSE:ERO) Using Too Much Debt?

Ero Copper Corp.'s (TSE:ERO) Price Is Out Of Tune With Revenues

Mar 03
Ero Copper Corp.'s (TSE:ERO) Price Is Out Of Tune With Revenues
author-image

Advancements At Tucumã And Caraíba Will Strengthen Future Copper Output

Completion of the Tucumã operation and Furnas Copper-Gold exploration could drive future revenue growth as production and exploration progress.

What Does The Future Hold For Ero Copper Corp. (TSE:ERO)? These Analysts Have Been Cutting Their Estimates

Feb 15
What Does The Future Hold For Ero Copper Corp. (TSE:ERO)? These Analysts Have Been Cutting Their Estimates

Returns On Capital Signal Tricky Times Ahead For Ero Copper (TSE:ERO)

Jul 17
Returns On Capital Signal Tricky Times Ahead For Ero Copper (TSE:ERO)

Is Ero Copper (TSE:ERO) Using Too Much Debt?

Jun 28
Is Ero Copper (TSE:ERO) Using Too Much Debt?

Ero Copper Corp.'s (TSE:ERO) Popularity With Investors Is Clear

May 28
Ero Copper Corp.'s (TSE:ERO) Popularity With Investors Is Clear

Ero Copper's (TSE:ERO) Problems Go Beyond Poor Profit

Mar 15
Ero Copper's (TSE:ERO) Problems Go Beyond Poor Profit

Is Ero Copper Corp. (TSE:ERO) Trading At A 45% Discount?

Mar 03
Is Ero Copper Corp. (TSE:ERO) Trading At A 45% Discount?

Investors Appear Satisfied With Ero Copper Corp.'s (TSE:ERO) Prospects

Feb 14
Investors Appear Satisfied With Ero Copper Corp.'s (TSE:ERO) Prospects

Is Ero Copper (TSE:ERO) Using Too Much Debt?

Nov 10
Is Ero Copper (TSE:ERO) Using Too Much Debt?

Is There An Opportunity With Ero Copper Corp.'s (TSE:ERO) 43% Undervaluation?

Oct 23
Is There An Opportunity With Ero Copper Corp.'s (TSE:ERO) 43% Undervaluation?

Ero Copper (TSE:ERO) Is Doing The Right Things To Multiply Its Share Price

Aug 27
Ero Copper (TSE:ERO) Is Doing The Right Things To Multiply Its Share Price

Is Ero Copper (TSE:ERO) A Risky Investment?

Jul 27
Is Ero Copper (TSE:ERO) A Risky Investment?

We Like These Underlying Return On Capital Trends At Ero Copper (TSE:ERO)

May 21
We Like These Underlying Return On Capital Trends At Ero Copper (TSE:ERO)

Is Ero Copper (TSE:ERO) A Risky Investment?

Apr 11
Is Ero Copper (TSE:ERO) A Risky Investment?

We Like These Underlying Return On Capital Trends At Ero Copper (TSE:ERO)

Feb 07
We Like These Underlying Return On Capital Trends At Ero Copper (TSE:ERO)

CEO Compensation Analysis

How has Makko DeFilippo's remuneration changed compared to Ero Copper's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2025n/an/a

US$19m

Dec 31 2024US$2mUS$475k

-US$68m

Sep 30 2024n/an/a

US$17m

Jun 30 2024n/an/a

-US$21m

Mar 31 2024n/an/a

US$62m

Dec 31 2023US$2mUS$456k

US$93m

Sep 30 2023n/an/a

US$78m

Jun 30 2023n/an/a

US$80m

Mar 31 2023n/an/a

US$74m

Dec 31 2022US$1mUS$365k

US$102m

Sep 30 2022n/an/a

US$139m

Jun 30 2022n/an/a

US$162m

Mar 31 2022n/an/a

US$221m

Dec 31 2021US$1mUS$345k

US$201m

Sep 30 2021n/an/a

US$207m

Jun 30 2021n/an/a

US$212m

Mar 31 2021n/an/a

US$136m

Dec 31 2020US$1mUS$340k

US$52m

Sep 30 2020n/an/a

US$31m

Jun 30 2020n/an/a

US$16m

Mar 31 2020n/an/a

US$24m

Dec 31 2019US$793kUS$265k

US$92m

Sep 30 2019n/an/a

US$58m

Jun 30 2019n/an/a

US$47m

Mar 31 2019n/an/a

US$14m

Dec 31 2018US$654kUS$220k

-US$3m

Compensation vs Market: Makko's total compensation ($USD2.15M) is about average for companies of similar size in the Canadian market ($USD2.49M).

Compensation vs Earnings: Makko's compensation has been consistent with company performance over the past year.

CEO

Makko DeFilippo (37 yo)

4.3yrs
Tenure
US$2,149,146
Compensation

Mr. Makko DeFilippo is the Chief Executive Officer and Director of Ero Copper Corp. since January 1, 2025 and has been President since January 4, 2021. He served as Chief Operating Officer of Ero Copper Co...

Leadership Team

NamePositionTenureCompensationOwnership
David Strang
Co-Founder & Executive Chairman9yrsUS$2.34m3.07%
CA$ 62.4m
Makko DeFilippo
President4.3yrsUS$2.15m0.089%
CA$ 1.8m
Wayne Drier
Executive VP & CFO8.2yrsUS$1.24m0.22%
CA$ 4.4m
Gelson Batista
Executive VP & COOless than a yearUS$1.78mno data
Courtney R. Lynn
Executive Vice Presidentless than a yearUS$1.01m0.011%
CA$ 225.8k
Deepk Hundal
Executive VP7.8yrsUS$1.23m0.032%
CA$ 641.3k
Brett Hannigan
Vice President of Corporate Developmentless than a yearno data0.0073%
CA$ 149.4k
Eduardo de Come
Executive Vice President of Brazil3.3yrsno data0.023%
CA$ 461.7k
3.3yrs
Average Tenure
49yo
Average Age

Experienced Management: ERO's management team is considered experienced (3.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
David Strang
Co-Founder & Executive Chairman9yrsUS$2.34m3.07%
CA$ 62.4m
Makko DeFilippo
Presidentless than a yearUS$2.15m0.089%
CA$ 1.8m
Robert Hinman Getz
Independent Director6.9yrsUS$210.30k0.13%
CA$ 2.6m
Steven Busby
Independent Director8.8yrsUS$193.30k0.28%
CA$ 5.8m
John Wright
Independent Lead Director8.8yrsUS$248.30k0.51%
CA$ 10.3m
Jill Angevine
Independent Director2.8yrsUS$214.78k0.024%
CA$ 490.5k
Chantal Gosselin
Independent Director5.8yrsUS$207.81k0.018%
CA$ 356.0k
Sally Eyre
Independent Director5.8yrsUS$207.81kno data
Lyle Braaten
Independent Director8.8yrsUS$193.30k0.30%
CA$ 6.0m
Faheem Tejani
Independent Director1.5yrsUS$193.30k0.019%
CA$ 392.4k
6.3yrs
Average Tenure
56yo
Average Age

Experienced Board: ERO's board of directors are considered experienced (6.3 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/25 01:49
End of Day Share Price 2025/05/23 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Ero Copper Corp. is covered by 26 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Matthew MurphyBarclays
Alexander Robert PearceBMO Capital Markets Equity Research
Matthew MurphyBMO Capital Markets Equity Research