Ecopetrol S.A. (EC)
NYSE: EC · Real-Time Price · USD
17.90
+0.01 (0.06%)
Aug 20, 2026, 12:23 PM EDT - Market open
Ecopetrol Cash Flow Statement
Financials in millions COP. Fiscal year is January - December.
Millions COP. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Net Income | 13,042,000 | 9,029,000 | 14,935,000 | 19,062,000 | 33,406,291 | 16,694,684 |
Depreciation & Amortization | 16,017,000 | 17,095,000 | 16,638,000 | 17,438,000 | 13,784,229 | 10,282,203 |
Loss (Gain) From Sale of Assets | -57,000 | -31,000 | 71,000 | -123,000 | 100,350 | 58,006 |
Asset Writedown & Restructuring Costs | -297,000 | -294,000 | -1,185,000 | -64,000 | -337,167 | 312,976 |
Loss (Gain) From Sale of Investments | - | - | -15,000 | 8,000 | 2,092 | -284,657 |
Loss (Gain) on Equity Investments | -730,000 | -710,000 | -764,000 | -805,000 | -768,422 | -426,164 |
Other Operating Activities | 11,976,000 | 9,721,000 | 12,785,000 | 11,208,000 | 20,598,740 | 9,291,480 |
Change in Accounts Receivable | -13,027,000 | 296,000 | 9,052,000 | -20,439,000 | -27,539,055 | -9,457,451 |
Change in Inventory | -670,000 | 897,000 | 533,000 | 808,000 | -2,831,729 | -2,980,134 |
Change in Accounts Payable | 2,729,000 | -1,290,000 | -1,275,000 | 511,000 | 3,690,068 | 3,117,982 |
Change in Income Taxes | 3,444,000 | -334,000 | -1,999,000 | -5,855,000 | -3,100,744 | -2,448,882 |
Change in Other Net Operating Assets | -1,114,000 | -1,037,000 | -3,649,000 | -1,948,000 | -770,083 | -1,624,022 |
Operating Cash Flow | 31,313,000 | 33,342,000 | 45,127,000 | 19,801,000 | 36,234,570 | 22,536,021 |
Operating Cash Flow Growth | -18.05% | -26.11% | 127.90% | -45.35% | 60.78% | 145.31% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Capital Expenditures | -19,568,000 | -21,422,000 | -20,930,000 | -23,314,000 | -20,730,260 | -12,850,616 |
Sale of Property, Plant & Equipment | 176,000 | 113,000 | 355,000 | 729,000 | 373,634 | 17,986 |
Cash Acquisitions | -301,000 | -301,000 | - | - | - | -8,951,587 |
Sale (Purchase) of Intangibles | -597,000 | -502,000 | -866,000 | -776,000 | -1,147,510 | -444,346 |
Sale (Purchase) of Real Estate | -23,000 | -12,000 | -12,000 | - | - | - |
Investment in Securities | 3,801,000 | 2,259,000 | -2,475,000 | 975,000 | 972,017 | 1,238,168 |
Other Investing Activities | 2,050,000 | 1,953,000 | 1,894,000 | 2,366,000 | 2,437,086 | 472,164 |
Investing Cash Flow | -14,462,000 | -17,912,000 | -22,034,000 | -20,020,000 | -18,095,033 | -20,518,231 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Long-Term Debt Issued | - | 18,402,000 | 27,155,000 | 34,035,000 | 16,844,029 | 24,666,792 |
Long-Term Debt Repaid | - | -15,698,000 | -26,611,000 | -22,193,000 | -16,844,049 | -11,603,570 |
Net Debt Issued (Repaid) | -1,134,000 | 2,704,000 | 544,000 | 11,842,000 | -20 | 13,063,222 |
Repurchase of Common Stock | -18,000 | -18,000 | -30,000 | -44,000 | -84,824 | - |
Common Dividends Paid | -4,847,000 | -8,784,000 | -12,804,000 | -2,747,000 | -11,622,778 | -696,387 |
Other Financing Activities | -10,566,000 | -11,267,000 | -10,397,000 | -9,406,000 | -7,226,420 | -5,408,455 |
Financing Cash Flow | -16,565,000 | -17,365,000 | -22,687,000 | -355,000 | -18,934,042 | 6,958,380 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Foreign Exchange Rate Adjustments | -1,659,000 | -1,425,000 | 1,312,000 | -2,491,000 | 1,645,657 | 491,428 |
Net Cash Flow | -1,373,000 | -3,360,000 | 1,718,000 | -3,065,000 | 851,152 | 9,467,598 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Free Cash Flow | 11,745,000 | 11,920,000 | 24,197,000 | -3,513,000 | 15,504,310 | 9,685,405 |
Free Cash Flow Growth | -26.19% | -50.74% | - | - | 60.08% | - |
Free Cash Flow Margin | 9.21% | 9.96% | 18.15% | -2.46% | 9.72% | 10.56% |
Free Cash Flow Per Share | 285.65 | 289.91 | 588.50 | -85.44 | 377.08 | 235.56 |
Levered Free Cash Flow | 12,150,164 | 7,896,750 | 22,625,069 | 14,665,086 | 14,207,229 | 1,575,678 |
Unlevered Free Cash Flow | 16,736,414 | 12,649,250 | 27,235,694 | 18,992,586 | 17,655,615 | 3,510,193 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Cash Interest Paid | 8,353,000 | 8,334,000 | 7,636,000 | 6,582,000 | 5,492,251 | 3,333,555 |
Cash Income Tax Paid | 8,614,000 | 9,029,000 | 10,219,000 | 12,832,000 | 8,761,294 | 5,702,902 |
Change in Working Capital | -8,638,000 | -1,468,000 | 2,662,000 | -26,923,000 | -30,551,543 | -13,392,507 |