Financials
Reported figures only · latest: Q4 2024
COP · IFRS
Revenue by quarter
Q3 23 Q4 23
Source: SEC XBRL filings
· latest filing
The long view
Fiscal years as reported · SEC XBRL filings, IFRS
Revenue and net income11 fiscal yearsShow the numbers
| Year | Revenue | Net income |
|---|
| FY24 | COP 133.33T | COP 13.84T |
|---|
| FY23 | COP 143.19T | COP 21.06T |
|---|
| FY22 | COP 159.61T | COP 31.6T |
|---|
| FY21 | COP 91.88T | COP 15.65T |
|---|
| FY20 | COP 50.22T | COP 1.59T |
|---|
| FY19 | COP 71.49T | COP 13.74T |
|---|
| FY18 | COP 68.6T | COP 11.38T |
|---|
| FY17 | COP 55.95T | COP 7.18T |
|---|
| FY16 | COP 48.49T | COP 2.45T |
|---|
| FY15 | COP 52.35T | −COP 7.19T |
|---|
| FY14 | - | - |
|---|
MarginsShare of revenue- Gross margin
- Operating margin
- Net margin
Show the numbers
| Year | Gross margin | Operating margin | Net margin |
|---|
| FY24 | 35.1% | 28.8% | 10.4% |
|---|
| FY23 | 38.4% | 29.2% | 14.7% |
|---|
| FY22 | 44% | 37.7% | 19.8% |
|---|
| FY21 | 39.5% | 32.3% | 17% |
|---|
| FY20 | 25.2% | 14.3% | 3.2% |
|---|
| FY19 | 37.1% | 29.4% | 19.2% |
|---|
| FY18 | 40% | 32.7% | 16.6% |
|---|
| FY17 | 34% | 28.9% | 12.8% |
|---|
| FY16 | 29.4% | 18.4% | 5% |
|---|
| FY15 | 29.3% | 4.1% | −13.7% |
|---|
| FY14 | - | - | - |
|---|
Free cash flowOperating cash flow minus capital expenditureShow the numbers
| Year | Free cash flow |
|---|
| FY24 | COP 35.61T |
|---|
| FY23 | COP 10.45T |
|---|
| FY22 | COP 27.47T |
|---|
| FY21 | COP 16.42T |
|---|
| FY20 | COP 4.15T |
|---|
| FY19 | COP 23.7T |
|---|
| FY18 | COP 19.17T |
|---|
| FY17 | COP 14.61T |
|---|
| FY16 | COP 10.59T |
|---|
| FY15 | COP 3.13T |
|---|
| FY14 | - |
|---|
Returned to shareholdersDividends paid and shares bought backShow the numbers
| Year | Dividends |
|---|
| FY24 | COP 15.57T |
|---|
| FY23 | COP 5.57T |
|---|
| FY22 | COP 13.36T |
|---|
| FY21 | COP 2.77T |
|---|
| FY20 | COP 8.73T |
|---|
| FY19 | COP 13.87T |
|---|
| FY18 | COP 4.43T |
|---|
| FY17 | COP 1.5T |
|---|
| FY16 | COP 1.71T |
|---|
| FY15 | COP 5.49T |
|---|
| FY14 | - |
|---|
Net margin vs the sectorMedian of Energy companies filing with the SECShow the numbers
| Year | Ecopetrol | Energy median |
|---|
| FY24 | 10.4% | 4.4% |
|---|
| FY23 | 14.7% | 6.5% |
|---|
| FY22 | 19.8% | 12.3% |
|---|
| FY21 | 17% | 2.7% |
|---|
| FY20 | 3.2% | −33% |
|---|
| FY19 | 19.2% | 0.5% |
|---|
| FY18 | 16.6% | 3.5% |
|---|
| FY17 | 12.8% | 1.9% |
|---|
| FY16 | 5% | −9.5% |
|---|
| FY15 | −13.7% | −7% |
|---|
| FY14 | - | 2.8% |
|---|
News
3 stories filed under Ecopetrol, grouped into ongoing threads