Ecopetrol S.a annual operating margin
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
Ecopetrol S.a Operating Margin Growth & History (EC)
Ecopetrol S.a's operating margin was 28.85% for fiscal 2024.
View full Ecopetrol S.a company overviewEcopetrol S.a annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2024 | 2024-12-31 | 28.85% | −0.32 pp |
| 2023 | 2023-12-31 | 29.16% | −8.57 pp |
| 2022 | 2022-12-31 | 37.74% | +5.41 pp |
| 2021 | 2021-12-31 | 32.32% | +18.02 pp |
| 2020 | 2020-12-31 | 14.30% | −15.11 pp |
| 2019 | 2019-12-31 | 29.41% | −3.32 pp |
| 2018 | 2018-12-31 | 32.74% | +3.83 pp |
| 2017 | 2017-12-31 | 28.90% | +10.54 pp |
| 2016 | 2016-12-31 | 18.37% | +14.29 pp |
| 2015 | 2015-12-31 | 4.07% | — |
Ecopetrol S.a quarterly operating margin
Q3.21
Q3.23
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q3 2023 | 2023-09-30 | 33.71% | — |
| Q3 2021 | 2021-09-30 | 30.54% | — |
Ecopetrol S.a operating margin trends
Over the last five reported fiscal years, Ecopetrol S.a's operating margin decreased from 29.41% to 28.85%, a change of −0.57 percentage points. The latest reported quarter, Q3 2023, shows 33.71%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income 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 ↗