Ecopetrol S.a annual capital expenditures (capex)
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Ecopetrol S.a Capital Expenditures (CapEx) Growth & History (EC)
Ecopetrol S.a's capital expenditures (capex) was $20.83T for fiscal 2025.
View full Ecopetrol S.a company overviewEcopetrol S.a annual capital expenditures (capex) history
| Fiscal year | Period ended | Capital expenditures (CapEx) | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $20.83T | $11.31T | +118.75% |
| 2024 | 2024-12-31 | $9.52T | $171.16B | +1.83% |
| 2023 | 2023-12-31 | $9.35T | $582.17B | +6.64% |
| 2022 | 2022-12-31 | $8.77T | $2.65T | +43.32% |
| 2021 | 2021-12-31 | $6.12T | $1.09T | +21.57% |
| 2020 | 2020-12-31 | $5.03T | $1.02T | +25.41% |
| 2019 | 2019-12-31 | $4.01T | $709.73B | +21.49% |
| 2018 | 2018-12-31 | $3.30T | $939.65B | +39.76% |
| 2017 | 2017-12-31 | $2.36T | −$1.28T | −35.20% |
| 2016 | 2016-12-31 | $3.65T | −$4.90T | −57.34% |
| 2015 | 2015-12-31 | $8.55T | — | — |
Ecopetrol S.a quarterly capital expenditures (capex)
Q3.21
Q3.23
Q4.24
Q2.25
Q3.25
Q4.25
| Fiscal quarter | Period ended | Capital expenditures (CapEx) | Change | YoY change |
|---|---|---|---|---|
| Q4 2025 | 2025-12-31 | $6.76T | −$104.58B | −1.52% |
| Q3 2025 | 2025-09-30 | $5.07T | — | — |
| Q2 2025 | 2025-06-30 | $5.03T | — | — |
| Q4 2024 | 2024-12-31 | $6.87T | — | — |
| Q3 2023 | 2023-09-30 | $2.54T | — | — |
| Q3 2021 | 2021-09-30 | $1.73T | — | — |
Ecopetrol S.a capital expenditures (capex) trends
Over the last five fiscal years, Ecopetrol S.a's capital expenditures (capex) increased from $5.03T to $20.83T, a change of $15.79T. The latest reported quarter, Q4 2025, shows $6.76T.
About the metric
What capital expenditures (CapEx) mean
Capital expenditures, commonly called CapEx, are cash investments in long-lived assets such as property, plants, equipment, infrastructure, and productive software. CapEx can support future growth or maintain existing operations, but it reduces current-period free cash flow.
Calculation and source
SEC-reported capital expenditures
TickerStat standardizes cash payments for property, plant, equipment, and other productive assets reported in company SEC filings. When a filer reports separate qualifying CapEx components instead of a total, those components are combined for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Ecopetrol S.a source filings ↗