Ecopetrol Ratios and Metrics

Market cap in millions COP. Fiscal year is January - December.

Millions COP. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 19, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Capitalization	115,949,079	76,888,219	68,870,464	96,213,066	99,502,401	110,603,909
Market Cap Growth	32.71%	11.64%	-28.42%	-3.31%	-10.04%	19.82%
Enterprise Value	238,103,079	203,720,219	195,568,121	218,009,842	218,063,155	221,353,754
Last Close Price	2820.00	1870.00	1503.26	1820.30	1408.50	1338.73
PE Ratio	12.84	8.52	4.61	5.05	2.98	6.63
Forward PE	9.04	8.41	8.41	8.41	8.41	8.41
PS Ratio	0.97	0.64	0.52	0.67	0.62	1.21
PB Ratio	1.06	0.70	0.63	0.93	0.84	1.22
P/TBV Ratio	1.78	1.18	1.10	1.63	1.47	2.29
P/FCF Ratio	9.73	6.45	2.85	-	6.42	11.42
P/OCF Ratio	3.48	2.31	1.53	4.86	2.75	4.91
PEG Ratio	-	5.00	5.00	5.00	5.00	5.00
EV/Sales Ratio	1.99	1.70	1.47	1.52	1.37	2.41
EV/EBITDA Ratio	5.37	4.71	3.64	3.70	2.96	5.48
EV/EBIT Ratio	8.75	7.69	5.23	5.26	3.64	7.36
EV/FCF Ratio	19.98	17.09	8.08	-	14.07	22.85
Debt / Equity Ratio	1.00	1.00	1.09	1.03	0.97	1.05
Debt / EBITDA Ratio	2.50	2.50	2.22	1.80	1.56	2.36
Debt / FCF Ratio	9.16	9.16	4.96	-	7.43	9.82
Net Debt / Equity Ratio	0.89	0.89	0.96	0.89	0.83	0.87
Net Debt / EBITDA Ratio	2.24	2.24	1.96	1.56	1.34	1.95
Net Debt / FCF Ratio	8.11	8.11	4.34	-26.08	6.36	8.15
Asset Turnover	0.41	0.41	0.46	0.49	0.58	0.48
Inventory Turnover	8.64	8.64	8.44	7.86	8.71	8.13
Quick Ratio	1.22	1.22	1.18	1.28	1.10	1.35
Current Ratio	1.55	1.55	1.53	1.58	1.36	1.71
Return on Equity (ROE)	11.80%	11.80%	18.41%	20.98%	35.33%	25.99%
Return on Assets (ROA)	5.66%	5.66%	8.01%	8.81%	13.63%	9.89%
Return on Invested Capital (ROIC)	8.79%	8.64%	11.66%	12.74%	21.19%	16.33%
Return on Capital Employed (ROCE)	10.60%	10.60%	14.30%	17.40%	24.00%	14.20%
Earnings Yield	7.79%	11.74%	21.69%	19.81%	33.57%	15.09%
FCF Yield	10.28%	15.50%	35.13%	-3.65%	15.58%	8.76%
Dividend Yield	3.90%	5.88%	-	15.27%	34.58%	18.15%
Payout Ratio	97.29%	97.29%	85.73%	14.41%	34.79%	4.17%
Total Shareholder Return	3.90%	5.88%	-	15.27%	34.58%	18.15%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.