Ecopetrol S.a annual gross margin
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
Ecopetrol S.a Gross Margin Growth & History (EC)
Ecopetrol S.a's gross margin was 35.14% for fiscal 2024.
View full Ecopetrol S.a company overviewEcopetrol S.a annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2024 | 2024-12-31 | 35.14% | −3.28 pp |
| 2023 | 2023-12-31 | 38.42% | −5.53 pp |
| 2022 | 2022-12-31 | 43.95% | +4.45 pp |
| 2021 | 2021-12-31 | 39.51% | +14.31 pp |
| 2020 | 2020-12-31 | 25.20% | −11.89 pp |
| 2019 | 2019-12-31 | 37.09% | −2.88 pp |
| 2018 | 2018-12-31 | 39.97% | +5.93 pp |
| 2017 | 2017-12-31 | 34.04% | +4.68 pp |
| 2016 | 2016-12-31 | 29.36% | +0.03 pp |
| 2015 | 2015-12-31 | 29.33% | — |
Ecopetrol S.a quarterly gross margin
Q3.21
Q3.23
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q3 2023 | 2023-09-30 | 41.41% | — |
| Q3 2021 | 2021-09-30 | 37.92% | — |
Ecopetrol S.a gross margin trends
Over the last five reported fiscal years, Ecopetrol S.a's gross margin decreased from 37.09% to 35.14%, a change of −1.95 percentage points. The latest reported quarter, Q3 2023, shows 41.41%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Ecopetrol S.a filings at SEC.gov ↗