Ecopetrol SA ADR (EC) financial statements

Energy · Oil & Gas Integrated · Market cap $37.9B

Ecopetrol SA ADR reported revenue of 133.33T COP in fiscal 2024, up 10.9% a year over 9 years.

Net income was 13.84T COP and the operating margin 28.8%, against 4.1% in 2015.

Free cash flow was 34.74T COP, and the company returned 15.57T COP in dividends.

Revenue and free cash flow

Fiscal years, $ billions (COP).

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<p style="font-size:13px">Source: <a href="https://investingly.io/stocks/EC/financials">Ecopetrol SA ADR financials</a> on Investingly</p>

Income statement

Fiscal years, in COP, from Ecopetrol SA ADR's 10-K filings with the SEC.

Fiscal year	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Revenue	52.35T COP	48.49T COP	55.95T COP	68.60T COP	71.49T COP	50.22T COP	91.88T COP	159.61T COP	143.19T COP	133.33T COP
Cost of revenue	36.99T COP	34.25T COP	36.91T COP	41.18T COP	44.97T COP	37.57T COP	55.58T COP	89.46T COP	88.18T COP	86.48T COP
Gross profit	15.35T COP	14.23T COP	19.05T COP	27.42T COP	26.52T COP	12.66T COP	36.30T COP	70.15T COP	55.01T COP	46.85T COP
Selling, general and admin	1.70T COP	1.92T COP	1.76T COP	1.65T COP	2.15T COP	3.37T COP	3.34T COP	4.34T COP	5.03T COP	5.10T COP
Operating income	2.13T COP	8.90T COP	16.17T COP	22.46T COP	21.03T COP	7.18T COP	29.70T COP	60.23T COP	41.76T COP	38.46T COP
Interest expense	2.72T COP	3.46T COP	3.66T COP	3.51T COP	3.33T COP	3.93T COP	4.43T COP	8.03T COP	10.38T COP	10.32T COP
Pre-tax income	-5.58T COP	7.79T COP	13.77T COP	20.61T COP	19.72T COP	4.78T COP	26.43T COP	54.16T COP	36.90T COP	30.71T COP
Income tax	710.4B COP	4.54T COP	5.80T COP	8.26T COP	4.72T COP	2.04T COP	8.80T COP	18.96T COP	11.52T COP	12.21T COP
Net income	-7.19T COP	2.45T COP	7.18T COP	11.38T COP	13.74T COP	1.59T COP	15.65T COP	31.60T COP	21.06T COP	13.84T COP
EPS (diluted)	—	—	—	—	334.27 COP	38.59 COP	380.60 COP	768.70 COP	512.20 COP	336.60 COP
Gross margin	29.3%	29.4%	34.0%	40.0%	37.1%	25.2%	39.5%	44.0%	38.4%	35.1%
Operating margin	4.1%	18.4%	28.9%	32.7%	29.4%	14.3%	32.3%	37.7%	29.2%	28.8%
Net margin	-13.7%	5.0%	12.8%	16.6%	19.2%	3.2%	17.0%	19.8%	14.7%	10.4%

Balance sheet

Fiscal years, in COP, from Ecopetrol SA ADR's 10-K filings with the SEC.

Fiscal year	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Cash and short-term investments	6.55T COP	9.15T COP	8.53T COP	6.83T COP	8.00T COP	5.62T COP	15.19T COP	16.27T COP	13.18T COP	15.20T COP
Receivables	—	4.21T COP	6.10T COP	8.19T COP	5.70T COP	4.82T COP	18.45T COP	39.22T COP	33.31T COP	20.43T COP
Inventory	—	3.84T COP	4.60T COP	5.10T COP	5.66T COP	5.05T COP	8.40T COP	11.88T COP	10.20T COP	10.03T COP
Total current assets	—	24.13T COP	23.22T COP	27.03T COP	23.36T COP	22.83T COP	51.70T COP	77.28T COP	68.62T COP	60.66T COP
Property, plant and equipment	—	62.33T COP	61.40T COP	62.80T COP	64.21T COP	66.51T COP	90.08T COP	101.00T COP	95.17T COP	107.45T COP
Goodwill	—	1.16T COP	1.16T COP	1.16T COP	1.16T COP	1.59T COP	4.69T COP	5.35T COP	4.85T COP	5.15T COP
Total assets	—	118.96T COP	117.85T COP	124.64T COP	133.89T COP	137.69T COP	242.43T COP	302.79T COP	280.14T COP	298.24T COP
Total current liabilities	—	16.39T COP	16.85T COP	17.82T COP	21.74T COP	18.28T COP	30.25T COP	56.78T COP	43.56T COP	39.64T COP
Long-term debt	—	48.10T COP	38.40T COP	34.04T COP	33.23T COP	41.81T COP	85.85T COP	92.94T COP	90.27T COP	108.68T COP
Total liabilities	—	75.40T COP	69.63T COP	67.54T COP	75.66T COP	84.19T COP	151.84T COP	188.89T COP	179.89T COP	192.33T COP
Shareholders' equity	43.10T COP	42.03T COP	46.43T COP	55.14T COP	54.41T COP	49.90T COP	68.49T COP	86.15T COP	75.71T COP	79.85T COP
Net debt	-6.55T COP	43.81T COP	35.60T COP	31.75T COP	31.16T COP	41.65T COP	80.51T COP	99.73T COP	93.48T COP	105.91T COP

Cash flow

Fiscal years, in COP, from Ecopetrol SA ADR's 10-K filings with the SEC.

Fiscal year	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Operating cash flow	11.68T COP	14.23T COP	16.97T COP	22.47T COP	27.71T COP	9.19T COP	22.54T COP	36.23T COP	19.80T COP	45.13T COP
Capital spending	8.66T COP	3.72T COP	2.54T COP	3.41T COP	4.18T COP	5.12T COP	6.56T COP	9.92T COP	10.13T COP	10.39T COP
Free cash flow	3.02T COP	10.52T COP	14.43T COP	19.06T COP	23.53T COP	4.06T COP	15.97T COP	26.32T COP	9.67T COP	34.74T COP
Dividends paid	5.49T COP	1.71T COP	1.50T COP	4.43T COP	13.87T COP	8.73T COP	2.77T COP	13.36T COP	5.57T COP	15.57T COP
Net borrowing	6.08T COP	1.44T COP	-8.56T COP	-8.75T COP	-1.24T COP	8.80T COP	13.40T COP	434.5B COP	12.38T COP	997.3B COP
Free cash flow margin	5.8%	21.7%	25.8%	27.8%	32.9%	8.1%	17.4%	16.5%	6.8%	26.1%

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Questions

What was Ecopetrol SA ADR's revenue in 2024?

133.33T COP in fiscal 2024, from its 10-K filing.

How much free cash flow does Ecopetrol SA ADR generate?

34.74T COP in fiscal 2024 (operating cash flow minus capital spending).

From Ecopetrol SA ADR's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.