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	133,328,000	143,078,000	159,611,000	91,881,200
Revenue Growth (YoY)	-10.23%	-6.81%	-10.36%	73.72%	82.95%
Cost of Revenue	-82,057,000	-86,481,000	-88,178,000	-89,458,100	-55,581,800
Gross Profit	37,637,000	46,847,000	54,900,000	70,152,900	36,299,400
Selling, General & Admin	-5,024,000	-5,103,000	-5,026,000	-4,335,700	-3,342,070
Exploration Expenses	5,321,000	5,648,000	5,702,000	4,743,630	3,153,560
Other Operating Expenses	636,000	-1,497,000	426,000	555,855	106,095
Total Operating Expenses	933,000	-952,000	1,102,000	963,785	-82,415
Operating Income	26,679,000	38,460,000	41,648,000	60,229,800	29,697,700
Interest Income	710,000	764,000	805,000	768,422	426,164
Interest Expense	-10,781,000	-10,319,000	-10,384,000	-8,027,250	-4,431,650
Other Non-Operating Income (Expense)	2,253,000	1,800,000	4,719,000	1,192,500	733,594
Total Non-Operating Income (Expense)	-7,818,000	-7,755,000	-4,860,000	-6,066,340	-3,271,890
Pretax Income	18,861,000	30,705,000	36,788,000	54,163,400	26,425,800
Provision for Income Taxes	5,927,000	11,091,000	13,483,000	18,963,900	8,795,260
Net Income	9,029,000	14,935,000	19,062,000	31,604,800	15,649,100
Minority Interest in Earnings	3,905,000	4,679,000	4,243,000	3,594,700	1,981,410
Net Income to Common	9,029,000	14,935,000	19,062,000	31,604,800	15,649,100
Net Income Growth	-39.55%	-21.65%	-39.69%	101.96%	886.28%
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)	4392.00	7264.00	9272.00	15374.00	8120.00
EPS (Diluted)	4392.00	7264.00	9272.00	15374.00	8120.00
EPS Growth	-39.54%	-21.66%	-39.69%	89.33%	952.09%
Shares Outstanding	2,056	2,056	2,056	2,056	2,056
Free Cash Flow	11,908,000	24,185,000	-3,513,000	15,504,300	9,685,410
Free Cash Flow Growth	-50.76%	-	-	60.08%	-
Free Cash Flow Per Share	5792.29	11764.10	-1708.79	7541.61	4711.18
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%	38.37%	43.95%	39.51%
Operating Margin	22.29%	28.85%	29.11%	37.74%	32.32%
Profit Margin	10.81%	14.71%	16.29%	22.05%	19.19%
FCF Margin	9.95%	18.14%	-2.46%	9.71%	10.54%
EBITDA	42,786,000	53,657,000	55,460,000	72,358,700	39,857,600
EBITDA Margin	35.75%	40.24%	38.76%	45.33%	43.38%
EBIT	26,679,000	38,460,000	41,648,000	60,229,800	29,697,700
EBIT Margin	22.29%	28.85%	29.11%	37.74%	32.32%
Effective Tax Rate	31.42%	36.12%	36.65%	35.01%	33.28%

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

SEC Filings: 10-K · 10-Q