Ecopetrol Income Statement

Financials in millions COP. Fiscal year is January - December.

Millions COP. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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
Revenue	119,694,000	133,330,428	143,189,602	159,611,078	91,881,204
Revenue Growth (YoY)	-10.23%	-6.88%	-10.29%	73.72%	82.95%
Cost of Revenue	-82,057,000	86,481,154	88,178,198	89,458,148	55,581,776
Gross Profit	37,637,000	46,849,274	55,011,404	70,152,930	36,299,428
Selling, General & Admin	-	5,103,103	5,025,797	4,335,695	3,342,069
Exploration Expenses	-	5,647,651	5,702,162	4,743,628	3,153,557
Other Operating Expenses	-15,000	-2,364,477	2,524,464	843,854	106,095
Total Operating Expenses	-15,000	8,386,277	13,252,423	9,923,177	6,601,721
Operating Income	26,656,000	38,462,997	41,758,981	60,229,753	29,697,707
Interest Income	-	-1,747,801	-2,320,969	-1,317,145	-403,592
Interest Expense	-	10,319,316	10,384,065	8,027,252	4,431,648
Other Non-Operating Income (Expense)	710,000	815,933	3,203,061	643,772	756,166
Total Non-Operating Income (Expense)	710,000	9,387,448	11,266,157	7,353,879	4,784,222
Pretax Income	18,838,000	30,707,415	36,898,946	54,163,418	26,425,817
Provision for Income Taxes	-5,919,000	-12,208,540	-11,515,875	-18,963,938	-8,795,263
Net Income	18,043,000	32,340,028	46,443,869	66,804,261	33,279,697
Minority Interest in Earnings	3,905,000	4,657,722	4,322,273	3,594,699	1,981,411
Net Income to Common	18,043,000	32,340,028	46,443,869	66,804,261	33,279,697
Net Income Growth	-44.21%	-30.37%	-30.48%	100.74%	669.56%
Shares Outstanding (Basic)	2,056	2,056	2,056	2,056	2,056
Shares Outstanding (Diluted)	2,056	2,056	2,056	2,056	2,056
EPS (Basic)	8776.48	6732.00	10244.00	15374.00	7612.00
EPS (Diluted)	8776.48	6732.00	10244.00	15374.00	7612.00
EPS Growth	30.37%	-34.28%	-33.37%	101.97%	886.27%
Free Cash Flow	23,569,000	35,606,475	10,450,667	27,466,854	16,418,433
Free Cash Flow Growth	-33.81%	240.71%	-61.95%	67.29%	295.21%
Free Cash Flow Per Share	-	17319.72	5083.42	13360.44	7986.26
Dividends Per Share	110.000	-	278.000	486.990	243.000
Dividend Growth	-	-	-42.91%	100.41%	1329.41%
Gross Margin	31.44%	35.14%	38.42%	43.95%	39.51%
Operating Margin	22.27%	28.85%	29.16%	37.74%	32.32%
Profit Margin	20.68%	13.87%	17.73%	22.05%	19.19%
FCF Margin	19.69%	26.71%	7.30%	17.21%	17.87%
EBITDA	42,763,000	53,660,280	55,571,368	72,358,744	39,857,629
EBITDA Margin	35.73%	40.25%	38.81%	45.33%	43.38%
EBIT	26,656,000	38,462,997	41,758,981	60,229,753	29,697,707
EBIT Margin	22.27%	28.85%	29.16%	37.74%	32.32%
Effective Tax Rate	-31.42%	-39.76%	-31.21%	-35.01%	-33.28%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q