Ecopetrol S.A. (EC) Earnings History
Annual and quarterly earnings data from 2006 to 2024
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EPS Growth Rates (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2024 | 35.1% | 28.8% | 10.4% |
| 2023 | 38.4% | 29.2% | 14.7% |
| 2022 | 44.0% | 37.7% | 19.8% |
| 2021 | 39.5% | 32.3% | 17.0% |
| 2020 | 25.2% | 14.3% | 3.2% |
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Ecopetrol S.A. (EC) Earnings Overview
As of March 1, 2026, Ecopetrol S.A. (EC) reported trailing twelve-month net income of $10.31T, reflecting -0.3% year-over-year growth. The company earned $5012.64 per diluted share over the past four quarters, with a net profit margin of 0.1%.
Looking at the long-term picture, EC's 5-year EPS compound annual growth rate (CAGR) stands at -1.0%, signaling declining earnings. The company achieved its highest annual net income of $31.60T in fiscal 2022.
Ecopetrol S.A. maintains positive profitability with a gross margin of 0.4%, operating margin of 0.3%, and net margin of 0.1%. The company continues to generate positive earnings from operations. View revenue history →
Compared to industry peers including XOM ($28.84B net income, 0.1% margin), CVX ($12.31B net income, 0.1% margin), PBR ($13.96B net income, 0.1% margin), EC has outperformed on profitability metrics. Compare EC vs XOM →
Peer Comparison
Earnings metrics vs industry competitors
Historical Data
19 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $13.84T | -34.3% | $38.46T | $6732.00 | 10.4% | 28.8% |
| 2023 | $21.06T | -33.4% | $41.76T | $9272.15 | 14.7% | 29.2% |
| 2022 | $31.60T | +102.0% | $60.23T | $16249.00 | 19.8% | 37.7% |
| 2021 | $15.65T | +886.3% | $29.70T | $8120.79 | 17.0% | 32.3% |
| 2020 | $1.59T | -88.5% | $7.18T | $821.08 | 3.2% | 14.3% |
| 2019 | $13.74T | +20.8% | $21.03T | $7067.20 | 19.2% | 29.4% |
| 2018 | $11.38T | +58.5% | $22.46T | $5744.63 | 16.6% | 32.7% |
| 2017 | $7.18T | +193.3% | $16.17T | $3220.10 | 12.8% | 28.9% |
| 2016 | $2.45T | +134.0% | $8.90T | $761.25 | 5.0% | 18.4% |
| 2015 | -$7.19T | -242.6% | $2.13T | $-1939.71 | -13.7% | 4.1% |
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Start ComparisonFrequently Asked Questions
Is EC growing earnings?
EC EPS of $5012.64 reflects slowing growth at -0.3%, below the 5-year CAGR of -1.0%. TTM net income is $10.3T. Expansion rate has moderated.
What are EC's profit margins?
Ecopetrol S.A. net margin is +0.1%, with operating margin at +0.3%. Below-average margins reflect competitive or cost pressures.
How consistent are EC's earnings?
EC earnings data spans 2006-2024. The current earnings trend is -0.3% YoY. Historical data enables comparison across business cycles.