Ecopetrol S.A.

EC Energy Oil & Gas Integrated

Ecopetrol S.A.’s revenue for fiscal 2025 (year ended December 2025) was $23.9 billion, down 83.7% from fiscal 2024.

Revenue
+103.2%
EPS
+290.5%
Free cash flow
+62.3%
Total debt
+30.9%

Quarter to June 2026, against a year earlier

15.61 0.31 −1.95%
Market cap
$32.0B
P/E
8.3×
Fwd P/E
5.7×
Dividend yield
4.16%
F-score
6/9
Altman Z
1.21
Beneish M
−3.66
Dividend safety
30/100

Ecopetrol S.A. (EC) Free cash flow margin

Alert me on Free cash flow margin

Ecopetrol S.A.'s free cash flow margin over the twelve months to 30 June 2026 was 15.3%, down 3.1 percentage points from fiscal 2025 (18.4%). Over the past ten years it has ranged from −6.80% (fiscal 2015) to 20.6% (fiscal 2018); the current reading is higher than 73% of that period. That is above the Oil & Gas Integrated industry median of 11.2% and above the Energy sector median of 6.87%.

Free cash flow margin, annual

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Annual newest first

Period Free cash flow margin Change (points)
FY2025 18.4% 0.68
FY2024 17.8% 20.25
FY2023 −2.49% (11.72)
FY2022 9.23% (0.83)
FY2021 10.1% 13.86
FY2020 −3.80% (23.23)
FY2019 19.4% (1.12)
FY2018 20.6% 0.40
FY2017 20.2% 2.61
FY2016 17.5% 24.34

Against its own ten years

Low −6.80% High 20.6%
Ten-year median 17.5%
Current reading's percentile 73

Free cash flow margin against peers

Company Free cash flow margin
CVE Cenovus Energy Inc compare 22.7%
PBR Petroleo Brasileiro S.A.- Petrobras compare 19.9%
PBR.A Petroleo Brasileiro S.A.- Petrobras compare 19.9%
EC Ecopetrol S.A. 15.3%
EQNR Equinor ASA compare 11.3%
BP BP p.l.c. compare 10.2%
NFG National Fuel Gas Company compare 8.84%
E Eni SpA compare 5.67%
YPF YPF Sociedad Anonima compare 0.00%
Oil & Gas Integrated industry median 11.2%
Energy sector median 6.87%
Market median 0.00%

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

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