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) Gross margin

Alert me on Gross margin

Ecopetrol S.A.'s gross margin over the twelve months to 30 June 2026 was 36.6%, up 5.2 percentage points from fiscal 2025 (31.4%). Over the past ten years it has ranged from 25.2% (fiscal 2020) to 44.0% (fiscal 2022); the current reading is higher than 36% of that period. That is below the Oil & Gas Integrated industry median of 39.9% and below the Energy sector median of 42.1%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 31.4% (3.70)
FY2024 35.1% (3.28)
FY2023 38.4% (5.53)
FY2022 44.0% 4.44
FY2021 39.5% 14.31
FY2020 25.2% (11.89)
FY2019 37.1% (2.88)
FY2018 40.0% 5.93
FY2017 34.0% 4.68
FY2016 29.4% 0.03

Quarterly newest first

Period Gross margin Change (points)
Jun 2026 40.1% 1.26
Mar 2026 38.8% 9.35
Dec 2025 29.5% (3.92)
Sep 2025 33.4% 4.73
37 more quarters

Against its own ten years

Low 25.2% High 44.0%
Ten-year median 35.1%
Current reading's percentile 51

Gross margin against peers

Company Gross margin
NFG National Fuel Gas Company compare 87.7%
EQNR Equinor ASA compare 53.6%
PBR Petroleo Brasileiro S.A.- Petrobras compare 50.8%
PBR.A Petroleo Brasileiro S.A.- Petrobras compare 50.8%
CVE Cenovus Energy Inc compare 40.7%
YPF YPF Sociedad Anonima compare 38.6%
EC Ecopetrol S.A. 36.6%
BP BP p.l.c. compare 30.5%
E Eni SpA compare 19.5%
Oil & Gas Integrated industry median 39.9%
Energy sector median 42.1%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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