Ecopetrol S.a annual free cash flow
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Ecopetrol S.a Free Cash Flow (FCF) History (EC)
Ecopetrol S.a reported $12.52T in free cash flow for fiscal 2025, a decrease of 64.85% from the previous fiscal year, with a free cash flow margin of 10.46%.
View full Ecopetrol S.a company overviewEcopetrol S.a free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $12.52T | −$23.09T | −64.85% | +10.46% |
| 2024 | 2024-12-31 | $35.61T | $25.16T | +240.71% | +26.71% |
| 2023 | 2023-12-31 | $10.45T | −$17.02T | −61.95% | +7.30% |
| 2022 | 2022-12-31 | $27.47T | $11.05T | +67.29% | +17.21% |
| 2021 | 2021-12-31 | $16.42T | $12.26T | +295.21% | +17.87% |
| 2020 | 2020-12-31 | $4.15T | −$19.54T | −82.47% | +8.27% |
| 2019 | 2019-12-31 | $23.70T | $4.53T | +23.65% | +33.15% |
| 2018 | 2018-12-31 | $19.17T | $4.56T | +31.18% | +27.94% |
| 2017 | 2017-12-31 | $14.61T | $4.02T | +38.02% | +26.11% |
| 2016 | 2016-12-31 | $10.59T | $7.46T | +238.32% | +21.83% |
| 2015 | 2015-12-31 | $3.13T | — | — | +5.98% |
Ecopetrol S.a quarterly free cash flow
Q3.21
Q3.23
Q4.24
Q2.25
Q3.25
Q4.25
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q4 2025 | 2025-12-31 | $1.53T | −$1.18T | −43.50% | +5.31% |
| Q3 2025 | 2025-09-30 | $3.81T | — | — | +12.75% |
| Q2 2025 | 2025-06-30 | $5.01T | — | — | +16.90% |
| Q4 2024 | 2024-12-31 | $2.71T | — | — | — |
| Q3 2023 | 2023-09-30 | $1.65T | — | — | +4.69% |
| Q3 2021 | 2021-09-30 | $3.55T | — | — | +15.21% |
Ecopetrol S.a free cash flow growth trends
Over the last five reported fiscal years, free cash flow grew from $4.15T to $12.52T, a compound annual growth rate of 24.68%. Ecopetrol S.a's latest reported quarter, Q4 2025, generated $1.53T in free cash flow, a decrease of 43.50% year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Ecopetrol S.a source filings ↗Community posts
Ecopetrol appoints Joaquín Gutiérrez Caballero as permanent CEO
Ecopetrol ($EC)’s board unanimously appointed Joaquín Gutiérrez Caballero as chief executive, effective September 28. He succeeds interim leader Camilo Barco, whose temporary assignment ends the preceding day. The appointment puts a permane ...
