Ecopetrol S.A. (BVMF:E1CO34)

Ecopetrol Ratios and Metrics

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

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 20, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Market Capitalization	165,638	112,313	96,598	120,510	108,531	151,480
Market Cap Growth	34.38%	16.27%	-19.84%	11.04%	-28.35%	8.06%
Enterprise Value	340,140	297,582	274,304	273,064	237,850	303,160
Last Close Price	39.48	27.09	21.52	24.34	18.84	-
PE Ratio	12.56	8.52	4.61	5.05	2.98	6.63
PS Ratio	0.95	0.64	0.52	0.67	0.62	1.21
PB Ratio	1.04	0.70	0.63	0.93	0.84	1.22
P/TBV Ratio	1.74	1.18	1.10	1.63	1.47	2.29
P/FCF Ratio	9.51	6.45	2.85	-	6.42	11.42
P/OCF Ratio	3.40	2.31	1.53	4.86	2.75	4.91
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	19.53	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	7.96%	11.74%	21.69%	19.81%	33.57%	15.09%
FCF Yield	10.51%	15.50%	35.13%	-3.65%	15.58%	8.76%
Dividend Yield	7.24%	0.59%	-	1.43%	2.82%	-
Payout Ratio	97.29%	97.29%	85.73%	14.41%	34.79%	4.17%
Total Shareholder Return	7.24%	0.59%	-	1.43%	2.82%	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.