1. MARKETS
  2. SECTOR : OIL & GAS
  3. INDUSTRY : INTEGRATED OIL
  4. ECOPETROL SA - ADR
Ecopetrol SA - ADR
XNYS: EC
713.9K
XNYS Volume

XNYS 12 Oct, 2026 5:30 PM (EDT)

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Ecopetrol SA (ADR) quarterly and annual earnings report: results, revenue, profit, P&L, balance sheet, cash flow, financial ratios, revenue mix, peer comparison, and financial documents

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Forecaster Analyst Estimates for Ecopetrol SA (ADR) share price target, revenues, EPS, net income and more

Ecopetrol SA (ADR) quarterly results: revenue, profit, and P&L – 13 quarter history

  • POSITIVE

    Quarterly Revenue Ecopetrol SA (ADR) Jun-2026 Quarterly Revenue is $40,198,000 Million which is growth of 35.5% YoY.

  • POSITIVE

    Quarterly Net Profit Ecopetrol SA (ADR) Jun-2026 Quarterly Net Profit is $6,064,000 Million which is growth of 234.8% YoY.

Ecopetrol SA - ADR, Earnings Report - Quarterly Results, standalone, All financials are in COP Million and price data in USD
IndicatorGraphJun '26Mar '26Dec '25Sep '25Jun '25Mar '25Dec '24Sep '24Jun '24Mar '24Dec '23Sep '23Jun '23
Operating Rev.
40,198,00028,625,00028,819,00029,840,00029,669,00031,365,00034,794,42834,607,00032,627,00031,302,00034,798,25635,130,00034,300,183
Cost Of Rev.
24,080,00017,506,00020,321,00019,870,00021,161,00020,705,00024,193,15422,644,00020,580,00019,063,00023,307,02520,605,00021,487,083
Gross Profit
16,118,00011,119,0008,498,0009,970,0008,508,00010,660,00010,601,27411,963,00012,047,00012,239,00011,491,23114,525,00012,813,100
⌄
-3,215,0002,555,0002,268,0002,635,000-2,871,0002,280,0002,898,7062,657,0002,512,0002,437,0003,326,1632,709,0002,234,645
Operating Profit
12,903,0008,564,0006,230,0007,335,0005,637,0008,380,0007,702,5689,306,0009,535,0009,802,0008,165,06811,816,00010,578,455
-2,218,000-2,733,000-2,231,000-2,029,000-1,575,000-2,418,000-2,476,553-2,051,000-2,081,000-2,002,000-2,091,689-630,000-2,342,934
Profit Before Tax
11,283,0006,078,0003,473,0005,476,0003,741,0006,171,0007,705,4157,371,0007,634,0007,997,0004,329,64111,295,0008,610,069
Tax
-4,193,0002,256,000-516,0001,710,000-1,285,0001,939,0003,790,5402,264,0003,234,0002,921,00039,0035,307,000-3,335,890
⌄
6,064,0002,887,0002,986,0002,563,0001,811,0003,127,0002,804,1533,649,0003,376,0004,012,0003,423,1205,086,0004,087,456
Diluted NI Avail to Com Stockholders Ann.
6,064,0002,887,0002,986,0002,563,0001,811,0003,127,0002,804,1533,649,0003,376,0004,012,0003,423,1205,086,0004,087,456
Basic EPS
2,9501,404.31,452.91,246.78821,5211,363.41,7751,642.21,951.51,6642,473.51,988
Diluted EPS After ExtraOrdinary
-1,385.3939.81,252.4-1,5211,553.11,7751,6451,951.53,421.12,473.91,918.7
Number Of Shares End
2,055.62,055.82,055.82,055.82,053.32,055.82,055.82,055.82,055.82,055.82,055.82,056.22,056.1
Net Income Continuing Discontinued Operations
6,064,0002,887,0002,986,0002,563,0001,811,0003,127,0002,804,1533,649,0003,376,0004,012,0003,423,1205,086,00013,132,682
Normalized Income
7,165,4803,822,0001,509,0003,363,5202,119,8504,232,0001,758,373.34,417,614.34,430,5505,076,0005,108,0005,988,00011,975,758.3
Interest Income
372,000---------506,300-675,391
Interest
-1,526,000--------2,311,858-3,018,325
Net Interest Income
--2,733,000-2,231,000-2,029,000--2,418,000-2,476,553-2,051,000-2,081,000-2,002,000-2,091,689-630,000-2,342,934
EBIT
13,501,0007,604,0007,585,0007,153,0005,316,0008,589,0009,777,9669,422,0009,724,0009,999,0006,135,19911,925,00010,953,003
EBITDA
17,249,00011,160,00011,238,00011,223,0009,810,00012,327,00013,684,24913,426,00013,438,00013,451,0009,884,34215,342,00014,314,534
Reconciled Cost Of Rev.
24,080,00017,506,00020,321,00019,870,00021,161,00020,705,00024,193,15422,644,00020,580,00019,063,00023,307,02520,605,00018,248,580
Reconciled Depr.
143,000-3,653,0004,070,0004,494,000-3,906,2834,004,0003,714,000-209,368-3,361,531
Profit From Continuing Operations
7,090,000-6,942,0002,563,0002,456,000-7,461,8753,649,0003,376,000---5,274,179
Normalized EBITDA
13,611,0007,542,00011,973,00011,422,0009,918,0008,380,00015,813,38413,310,00013,258,0009,802,0008,793,62211,816,00014,770,813
*All financials are in COP Million and price data in USD

Ecopetrol SA (ADR) competitor comparison and performance snapshot within industry

Ecopetrol SA (ADR) annual results: revenue, profit, P&L, and margins as of Dec 2025 – 11 year history

  • NEGATIVE

    Annual Revenue Ecopetrol SA (ADR) Dec-2025 Annual Revenue is $119,694,000 Million which is growth of -10.2% YoY.

  • NEGATIVE

    Annual Net Profit Ecopetrol SA (ADR) Dec-2025 Annual Net Profit is $10,488,000 Million which is growth of -24.2% YoY.

Ecopetrol SA - ADR, Earnings Report - Annual Results, standalone, All financials are in COP Million and price data in USD
IndicatorGraphCAGR 3 YrsCAGR 5 YrsTTMDec '25Dec '24Dec '23Dec '22Dec '21Dec '20Dec '19Dec '18Dec '17Dec '16Dec '15
-9.1%
19%
 119,694,000133,330,428143,189,602159,611,07891,881,20450,223,39371,488,51268,603,87255,954,22848,485,56152,347,271
Cost Of Rev. Ann.
-2.8%
16.9%
81,777,00082,057,00086,481,15488,178,19889,458,14855,581,77637,567,47244,972,36041,184,37936,908,32534,251,42336,994,516
Gross Profit Ann.
-18.7%
24.4%
45,705,00037,637,00046,849,27455,011,40470,152,93036,299,42812,655,92126,516,15227,419,49319,045,90314,234,13815,352,755
Operating Exp. Ann.
4%
11.5%
4,243,00010,055,00010,503,70610,493,0678,930,0655,710,3295,839,0524,438,9994,312,6894,535,3004,332,9035,566,480
Operating Profit Ann.
-23.3%
32.3%
35,032,00027,582,00036,345,56844,518,33761,222,86530,589,0996,816,86922,077,15323,106,80414,510,6039,901,2359,786,275
-
-
-9,211,000-8,927,000-8,619,553-8,150,456-6,754,133-4,045,039-3,128,955-2,164,871-2,746,724-2,772,321-2,338,636-2,148,552
Other Exp. Ann.
-
-28.3%
 206,0002,981,400531,065-305,314-118,2431,088,600-188,714253,7952,031,380227,927-13,216,349
PBT Ann.
-29.6%
31.6%
26,310,00018,861,00030,707,41536,898,94654,163,41826,425,8174,776,51419,723,56820,613,87513,769,6627,790,526-5,578,626
Tax Ann.
-38.5%
16.7%
-743,0004,417,00012,208,54011,515,87518,963,9388,795,2632,038,6614,718,4138,258,4855,800,2684,543,046710,353
⌄
-30.8%
45.9%
14,500,00010,488,00013,841,15321,060,79831,604,78115,649,1431,586,67713,744,01111,381,3867,178,5392,447,881-7,193,859
Diluted NI Avail to Com Stockholders Ann.
-30.8%
45.9%
14,500,00010,488,00013,841,15321,060,79831,604,78115,649,1431,586,67713,744,01111,381,3867,178,5392,447,881-7,193,859
EPS Ann.
-30.8%
45.9%
 5,1026,73210,24415,3747,6127726,6865,5363,4921,190-3,500
Diluted EPS Ann.
-30.8%
45.9%
 5,1026,73210,24415,3747,6127726,6865,5363,4921,190-3,500
Number Of Shares End
0%
0%
 2,055.82,055.82,055.82,055.82,055.82,055.82,055.82,055.82,055.82,042.82,068.3
Total Exp. Ann.
-2.2%
16.2%
 92,112,00096,984,86098,671,26598,388,21361,292,10543,406,52449,411,35945,497,06841,443,62538,584,32642,560,996
Net Income Continuing Discontinued Operations Ann.
-30.8%
45.9%
14,500,00010,488,00013,841,15321,060,79831,604,78115,649,1431,586,67713,744,01111,381,3867,178,5392,447,881-7,193,859
Normalized Income Ann.
-42.2%
21.9%
15,860,0007,186,00035,398,60830,899,32637,286,908.218,554,707.92,666,718.917,184,297.513,038,369.25,706,193.93,778,2859,383,861
Interest Income Ann.
8.9%
33%
 1,246,0001,627,1351,884,445965,952266,116299,246481,674383,624405,562386,001293,507
Interest Ann.
10.5%
25.5%
 10,160,0009,842,6869,120,7677,521,1044,138,9523,257,3292,651,9993,068,1963,139,0413,345,5152,396,445
EBITDA Ann.
-15.5%
20.8%
50,870,00043,882,00054,120,24957,947,65572,847,56140,458,57517,059,13530,476,67631,003,29724,784,48818,357,0403,294,670
Reconciled Cost Of Rev. Ann.
-5.2%
18.4%
81,777,00066,532,00071,835,32874,973,11678,047,77745,982,89728,567,44936,667,60833,564,68528,776,29026,867,44030,394,798
Reconciled Depr. Ann.
9.9%
11.6%
 16,107,00015,197,28313,812,38712,128,99110,159,9229,324,5388,582,7837,704,8508,281,3477,607,0006,770,358
Profit From Continuing Operations Ann.
-25.7%
39.5%
 14,444,00018,498,87525,383,07135,199,48017,630,5542,737,85315,005,15512,355,3907,969,3943,247,480-7,193,859
Normalized EBITDA Ann.
-15.2%
22.8%
44,548,00045,632,00053,530,35060,106,38474,887,24941,269,09816,346,11731,513,96831,298,96223,252,20818,576,45916,757,839
*All financials are in COP Million and price data in USD
Total Rev. Ann.
1Y CHG
-10.2%
2Y CAGR
-8.6%
3Y CAGR
-9.1%
5Y CAGR
19%
7Y CAGR
8.3%
10Y CAGR
8.6%
Total Revenue Annual is falling faster than historical averages.
Net Profit Ann.
1Y CHG
-24.2%
2Y CAGR
-29.4%
3Y CAGR
-30.8%
5Y CAGR
45.9%
7Y CAGR
-1.2%
Net Profit Annual is falling faster than historical averages.
Operating Exp. Ann.
1Y CHG
-4.3%
2Y CAGR
-2.1%
3Y CAGR
4%
5Y CAGR
11.5%
7Y CAGR
12.9%
10Y CAGR
6.1%
Operating Expenses Annual Cr is falling faster than historical averages.

Ecopetrol SA (ADR) balance sheet as of Dec 2025: assets, liabilities, reserves, and borrowings – 11 year history

  • POSITIVE

    Total Shareholders Fund Ecopetrol SA (ADR) Dec-2025 Total Shareholders Fund is $81,383,000 Million which is growth of 1.9% YoY.

  • NEGATIVE

    Total Assets Ecopetrol SA (ADR) Dec-2025 Total Assets is $282,220,000 Million which is growth of -5.4% YoY.

Ecopetrol SA - ADR, Balance Sheet, standalone, All financials are in COP Million and price data in USD
IndicatorGraphCAGR 3 YrsCAGR 5 YrsDec '25Dec '24Dec '23Dec '22Dec '21Dec '20Dec '19Dec '18Dec '17Dec '16Dec '15
-2.3%
15.4%
282,220,000298,242,156280,141,090302,792,431242,426,616137,694,169133,890,296124,643,498117,847,412120,437,924123,588,190
⌄
-2.4%
15.8%
175,481,000192,328,717179,888,610188,889,342151,842,84484,194,80675,658,66867,535,71869,631,71376,877,42380,487,227
⌄
-1.9%
10.3%
81,383,00079,854,60375,706,62786,154,92768,489,54749,899,86454,413,79055,137,91446,434,95342,026,85841,225,908
Total Capitalization Ann.
0.3%
14.6%
179,826,000187,375,657164,931,646178,155,856153,467,61690,880,55787,640,75689,180,63284,838,28490,122,68289,875,626
Tangible Assets Ann.
-0.1%
5.5%
62,510,00058,295,53356,145,15162,658,20848,294,70747,750,54252,770,77053,567,24544,894,80540,594,80439,677,935
Working Capital Ann.
-2.6%
33%
18,931,00021,024,33425,050,54320,494,50721,447,0164,551,9311,622,1629,205,9906,377,4057,741,8042,669,731
Invested Capital Ann.
-1.1%
14.5%
185,673,000194,127,843170,343,673192,096,839158,688,07194,235,16792,652,92993,200,55989,982,78894,248,88594,449,246
Tangible Book Value Ann.
-0.1%
5.5%
62,510,00058,295,53356,145,15162,658,20848,294,70747,750,54252,770,77053,567,24544,894,80540,594,80439,677,935
Borrowings Ann.
-1.7%
18.5%
109,200,000119,965,031105,815,527115,134,83995,060,92846,731,75438,239,13938,062,64543,547,83552,222,02753,223,338
Net Debt Ann.
1.1%
19.5%
95,622,000102,124,42984,025,41992,608,13375,648,61839,252,99531,163,38131,750,90135,601,95043,811,56046,672,888
Share Issued Ann.
0%
0%
41,116.741,116.741,116.741,116.741,116.741,116.741,116.741,116.741,116.741,116.741,116.7
Number Of Shares End
0%
0%
2,055.82,055.82,055.82,055.82,055.82,055.82,055.82,055.82,055.82,042.82,068.3
*All financials are in COP Million and price data in USD
Total Assets Ann.
1Y CHG
-5.4%
2Y CAGR
0.4%
3Y CAGR
-2.3%
5Y CAGR
15.4%
7Y CAGR
12.4%
10Y CAGR
8.6%
Total Assets Annual is falling faster than historical averages.
Total Current Liabilities Ann.
1Y CHG
-12.9%
2Y CAGR
-11%
3Y CAGR
-15.3%
5Y CAGR
13.6%
7Y CAGR
9.9%
10Y CAGR
7.1%
Total Current Liabilities Annual Cr is falling faster than historical averages.
Total ShareHolders Funds Ann.
1Y CHG
1.9%
2Y CAGR
3.7%
3Y CAGR
-1.9%
5Y CAGR
10.3%
7Y CAGR
5.7%
10Y CAGR
7%
Total ShareHolders Funds Annual growth is stable compared to historical averages.

Ecopetrol SA (ADR) ROE, ROCE, book value, and debt-to-equity ratio as of Dec 2025 – 11 year history

  • POSITIVE

    Book Value Per Share Ecopetrol SA (ADR) Book Value Per Share is $11 which is growth of 29.7% YoY.

  • POSITIVE

    ROE Ecopetrol SA (ADR) ROE is 13% which is growth of 4.8% YoY.

Ecopetrol SA - ADR, Ratios, standalone, All financials are in COP Million and price data in USD
IndicatorGraphCAGR 3 YrsCAGR 5 YrsDec '25Dec '24Dec '23Dec '22Dec '21Dec '20Dec '19Dec '18Dec '17Dec '16Dec '15
RoA Ann. %
-32.2%
25.3%
3.61%4.79%7.23%11.59%8.23%1.17%10.63%9.39%6.03%2.01%-5.41%
ROE Ann. %
-31.7%
33.7%
13.01%17.80%26.02%40.87%26.44%3.04%25.09%22.41%16.23%5.88%-13.11%
ROIC %
-27.5%
21.7%
1.61.42.94.23.20.65.83.85.82.3-9.7
OPM Ann. %
-15.6%
11.2%
23.04%27.26%31.09%38.36%33.29%13.57%30.88%33.68%25.93%20.42%18.69%
Inventory Turnover Ratio Ann.
0%
4.7%
8.88.688.88.378.48.58.79.912.2
Asset Turnover Ann. %
-12.6%
0%
0.40.50.50.60.50.40.60.60.50.40.4
Working Capital Turnover Ann.
-6.9%
-10.5%
6.36.35.77.84.31144.17.58.86.319.6
Quick Ratio Ann.
2.9%
5.9%
1.21.11.21.11.40.90.71.21.11.20.9
Current Ratio Ann.
4.6%
4.2%
1.61.51.61.41.71.31.11.51.41.51.2
Interest Coverage Ratio Ann.
-29.3%
3%
2.94.15.18.27.42.58.47.75.43.3-1.3
LT Debt To Equity Ann.
2.9%
8.4%
1.21.41.21.11.30.80.60.60.81.11.2
*All financials are in COP Million and price data in USD
ROE Ann. %
1Y CHG
-26.9%
2Y CAGR
-29.3%
3Y CAGR
-31.7%
5Y CAGR
33.7%
7Y CAGR
-7.5%
ROE Annual % is falling faster than historical averages.
RoA Ann. %
1Y CHG
-24.6%
2Y CAGR
-29.3%
3Y CAGR
-32.2%
5Y CAGR
25.3%
7Y CAGR
-12.8%
RoA Annual % is falling faster than historical averages.
Current Ratio Ann.
1Y CHG
6.7%
3Y CAGR
4.6%
5Y CAGR
4.2%
7Y CAGR
0.9%
10Y CAGR
2.9%
Current Ratio Annual growth is stable compared to historical averages.

Ecopetrol SA (ADR) cash flow: net, operating, investing, and financing flows as of Dec 2025 – 11 year history

  • NEGATIVE

    Cash From Operating Activity Ecopetrol SA (ADR) Dec-2025 Cash From Operating Activity is $33,342,000 Million which is growth of -26.1% YoY.

  • NEGATIVE

    Net Cash Flow Ecopetrol SA (ADR) Dec-2025 Net Cash Flow is $-1,935,000 Million which is growth of -576.1% YoY.

Ecopetrol SA - ADR, Cash Flow, standalone, All financials are in COP Million and price data in USD
IndicatorGraphCAGR 3 YrsCAGR 5 YrsDec '25Dec '24Dec '23Dec '22Dec '21Dec '20Dec '19Dec '18Dec '17Dec '16Dec '15
-2.7%
29.4%
33,342,00045,127,51619,800,55236,234,57022,536,0219,186,70427,711,76722,469,19416,973,62614,232,94010,411,475
-
-
-17,912,000-22,033,982-20,019,738-18,095,033-20,518,231-8,528,805-10,035,969-8,718,803-4,383,759-9,383,569-11,545,039
-
-
-17,365,000-22,687,122-354,609-18,934,0426,958,380-2,629,055-17,170,332-15,790,778-12,764,139-2,763,021-1,392,183
Cash Plus Cash Eqv. End Of Year Ann.
-11.4%
16%
10,694,00014,054,47512,336,11515,401,05814,549,9065,082,3087,075,7586,311,7447,945,8858,410,4676,550,450
Net Increase In Cash Plus Cash Eqv.s Ann.
-
-
-1,935,000406,412-573,795-794,5058,976,170-1,971,156505,466-2,040,387-174,2722,086,350-2,525,747
Cash Plus Cash Eqv. Begin Of Year Ann.
-1.1%
14.7%
14,054,00012,336,11515,401,05814,549,9065,082,3087,075,7586,311,7447,945,8858,410,4676,550,4507,618,178
Income Tax Paid Supplemental Data Ann.
-
-
-----------
Interest Paid Supplemental Data Ann.
-
-
-----------
Capex Ann.
-
-
-20,827,000-20,927,585-24,090,916-21,877,770-13,294,962-11,116,861-13,979,141-8,460,426-5,965,556-5,837,477-14,251,509
Issuance Of Capital Stock Ann.
-
-
-----------
Issuance Of Debt Ann.
3%
5.9%
18,402,00027,155,18934,035,09016,844,02924,666,79213,805,403359,876517,747444,8274,594,64010,985,933
Repayment Of Debt Ann.
-
-
-15,833,000-26,720,409-22,193,309-16,844,049-11,603,570-5,354,424-1,896,956-9,270,262-9,007,340-3,149,917-4,903,592
Repurchase Of Capital Stock Ann.
-
-
-----------
Free Cash Flow Ann.
-21.3%
-
4,316,00016,673,759-10,871,1108,864,5495,907,504-4,275,84011,966,40311,398,2068,311,0915,900,017-5,821,161
*All financials are in COP Million and price data in USD
Cash from Operating Act. Ann.
1Y CHG
-26.1%
2Y CAGR
29.8%
3Y CAGR
-2.7%
5Y CAGR
29.4%
7Y CAGR
5.8%
10Y CAGR
12.3%
Cash from Operating Activity Annual is falling faster than historical averages.