Ecopetrol S.a annual operating margin
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Ecopetrol S.a Operating Margin Growth & History (EC)
Ecopetrol S.a's operating margin was 23.04% for fiscal 2025.
View full Ecopetrol S.a company overviewEcopetrol S.a annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 23.04% | −5.80 pp |
| 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
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q1 2026 | 2026-03-31 | 29.92% | +3.20 pp |
| Q4 2025 | 2025-12-31 | 21.62% | — |
| Q3 2025 | 2025-09-30 | 24.58% | — |
| Q2 2025 | 2025-06-30 | 19.00% | — |
| Q1 2025 | 2025-03-31 | 26.72% | — |
| Q3 2023 | 2023-09-30 | 33.71% | — |
| Q3 2021 | 2021-09-30 | 30.54% | — |
Ecopetrol S.a operating margin trends
Over the last five fiscal years, Ecopetrol S.a's operating margin increased from 14.30% to 23.04%, a change of +8.74 percentage points. The latest reported quarter, Q1 2026, shows 29.92%.
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 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 ...
