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Ecopetrol (Ecopetrol) Net Margin %

: 9.84% (As of Dec. 2023)
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Net margin is calculated as Net Income divided by its Revenue. Ecopetrol's Net Income for the three months ended in Dec. 2023 was $855 Mil. Ecopetrol's Revenue for the three months ended in Dec. 2023 was $8,688 Mil. Therefore, Ecopetrol's net margin for the quarter that ended in Dec. 2023 was 9.84%.

The historical rank and industry rank for Ecopetrol's Net Margin % or its related term are showing as below:

EC' s Net Margin % Range Over the Past 10 Years
Min: -13.74   Med: 13.77   Max: 19.8
Current: 13.03


EC's Net Margin % is ranked better than
68.88% of 977 companies
in the Oil & Gas industry
Industry Median: 4.18 vs EC: 13.03

Ecopetrol Net Margin % Historical Data

The historical data trend for Ecopetrol's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ecopetrol Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.23 3.16 17.03 19.80 14.71

Ecopetrol Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.90 17.21 14.57 14.48 9.84

Competitive Comparison

For the Oil & Gas Integrated subindustry, Ecopetrol's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ecopetrol Net Margin % Distribution

For the Oil & Gas industry and Energy sector, Ecopetrol's Net Margin % distribution charts can be found below:

* The bar in red indicates where Ecopetrol's Net Margin % falls into.



Ecopetrol Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Ecopetrol's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=5258.193/35749.763
=14.71 %

Ecopetrol's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=854.641/8687.987
=9.84 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Ecopetrol  (NYSE:EC) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Ecopetrol Net Margin % Related Terms

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Ecopetrol (Ecopetrol) Business Description

Address
Carrera 13 No. 36 - 24, Main Building, Bogota, COL
Ecopetrol SA is a vertically integrated oil company with operations in Latin America and the United States Gulf Coast. Based out of Colombia, the company explores, develops, and conducts production activities in various countries. Ecopetrol works as the primary operator or partner in a joint venture, in a host of assets held onshore and offshore. Along with production, the company refines and markets crude oils and byproducts produced from its fields. Crude products are moved by Ecopetrol through a series of pipelines throughout Colombia, along with a network of third-party production centers and facilities.