Ero Copper (ERO) vs USA Rare Earth (USAR)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Ero Copper (ERO) has outperformed USA Rare Earth (USAR) over the past year, gaining 68.4% versus a loss of 53.2%. USA Rare Earth is the larger company by market cap ($4.96 billion vs $3.84 billion), about 1.3 times the size. On valuation, Ero Copper trades at a lower forward P/E (7.5x vs 441.0x for USA Rare Earth).
Ero Copper converts more of its revenue into profit, with a net margin of 33.6% versus -18110.7%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | ERO | USAR |
|---|---|---|
| Share price | $36.78 | $13.23 |
| Market cap | $3.84B | $4.96B |
| 1-day change | -3.03% | -3.71% |
| YTD return | +30.01% | +11.18% |
| 1-year return | +68.41% | -53.20% |
| 5-year return | +75.56% | — |
| P/E ratio (TTM) | 12.47 | — |
| Forward P/E | 7.53 | 441.00 |
| EPS (TTM) | $2.95 | $-2.49 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $785.84M | $1.64M |
| Revenue growth (YoY) | +67.11% | — |
| Net income (latest FY) | $263.72M | $-297.56M |
| Gross margin | 43.85% | 11.87% |
| Operating margin | 34.43% | -3621.61% |
| Net margin | 33.56% | -18110.71% |
| 52-week high | $40.83 | $43.98 |
| 52-week low | $19.10 | $11.45 |
| Distance from 52-week high | -9.92% | -69.92% |
| Analyst consensus | buy | strong_buy |
| Avg. price target upside | +10.74% | +168.78% |
| Average volume | 1.32M | 12.26M |
| Shares outstanding | 104.30M | 375.08M |
| Employees | — | 132 |
| Sector | Basic Materials | Basic Materials |
| Industry | Metal Mining | Metal Mining |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- ERO has outperformed USAR by 121.6 percentage points over the past year.
- Ero Copper is more profitable, keeping 33.6 cents of every revenue dollar as net income versus -18110.7 cents for USA Rare Earth.
About Ero Copper
ERO stock →Ero Copper Corp. engages in the exploration, development, and production of mining projects in Brazil.
Basic Materials · Metal Mining
About USA Rare Earth
USAR stock →USA Rare Earth, Inc. engages in mining, processing, and supplying rare earths and other critical minerals in the United States, Europe, and Asia.
Basic Materials · Metal Mining · 132 employees
ERO vs USAR FAQ
Which is bigger, Ero Copper or USA Rare Earth?
USA Rare Earth (USAR) is larger, with a market capitalization of $4.96B compared with $3.84B for Ero Copper (ERO).
Which stock has performed better over the past year, ERO or USAR?
ERO returned +68.41% over the past 12 months, compared with -53.20% for USAR (price return, excluding dividends). Past performance does not predict future results.
Are Ero Copper and USA Rare Earth in the same industry?
Yes. Both are classified in the Metal Mining industry within the Basic Materials sector.