ECOPETROL S.A.

EDGAR

Annual consolidated revenue for 2025: about Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A 119.7T, using the latest reported figures. The previous period, 2024, was about Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A 133.3T.

Watchlist

Latest fiscal year

Revenue

120 trillion Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A

2025 · Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A

Exact inputs and evidence
  • Revenue: 119694000000000 Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A Source

Operating margin

22.29%

2025 · %

Exact inputs and evidence
  • Operating Income: 26679000000000 Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A Source
  • Revenue: 119694000000000 Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A Source

Operating cash flow

33.3 trillion Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A

2025 · Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A

Exact inputs and evidence
  • Operating Cash Flow: 33342000000000 Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A Source

Free cash flow

23.6 trillion Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A

2025 · Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A

Exact inputs and evidence
  • Operating Cash Flow: 33342000000000 Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A Source
  • Capital Expenditure: 9773000000000 Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A Source
Cash and cash equivalents
10.7 trillion Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A Source
Exact value

10694000000000 Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A

Long-term debt including current maturities
Not available
Shares outstanding
Not available

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-10-01.

Financial data available through: 2025-12-31.

Coverage by financial measure
  • Revenue: 3 of 11 periods available· newest 2025-12-31
  • Operating income: 3 of 11 periods available· newest 2025-12-31
  • Net income: 3 of 11 periods available· newest 2025-12-31
  • Operating cash flow: 3 of 11 periods available· newest 2025-12-31
  • Capital expenditure: 3 of 11 periods available· newest 2025-12-31
  • Total assets: 2 of 11 periods available· newest 2025-12-31
  • Total liabilities: 2 of 11 periods available· newest 2025-12-31
  • Current assets: 2 of 11 periods available· newest 2025-12-31
  • Current liabilities: 2 of 11 periods available· newest 2025-12-31
  • Cash and cash equivalents: 4 of 11 periods available· newest 2025-12-31
  • long term debt: No compatible figures in this window
  • shares outstanding: No compatible figures in this window

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    -10.2%

    Prior period

    Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A 133.33 trillion

    –

    Current period

    Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A 119.69 trillion

    –

    Exact inputs and evidence

    119694000000000 − 133330000000000 = -13636000000000 Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A

    133330000000000 Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    119694000000000 Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A · 2025-01-01 – 2025-12-31

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  • Net income

    -24.2%

    Prior period

    Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A 13.84 trillion

    –

    Current period

    Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A 10.49 trillion

    –

    Exact inputs and evidence

    10488000000000 − 13841000000000 = -3353000000000 Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A

    13841000000000 Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A · 2024-01-01 – 2024-12-31

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    10488000000000 Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A · 2025-01-01 – 2025-12-31

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  • Operating cash flow

    -26.1%

    Prior period

    Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A 45.13 trillion

    –

    Current period

    Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A 33.34 trillion

    –

    Exact inputs and evidence

    33342000000000 − 45127000000000 = -11785000000000 Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A

    45127000000000 Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A · 2024-01-01 – 2024-12-31

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    33342000000000 Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A · 2025-01-01 – 2025-12-31

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  • Capital expenditure

    +2.6%

    Prior period

    Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A 9.52 trillion

    –

    Current period

    Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A 9.77 trillion

    –

    Exact inputs and evidence

    9773000000000 − 9521000000000 = 252000000000 Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A

    9521000000000 Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A · 2024-01-01 – 2024-12-31

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    9773000000000 Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A · 2025-01-01 – 2025-12-31

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Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2025-01-01 – 2025-12-31

  • Revenue Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A 119.69 trillion 100% of revenue
  • Operating costs Derived Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A 93.02 trillion 78% of revenue
  • Operating income Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A 26.68 trillion 22% of revenue
  • Tax, interest and other Derived Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A 16.19 trillion 14% of revenue
  • Net income Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A 10.49 trillion 8.8% of revenue

Cash

  • Operating cash flow Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A 33.34 trillion 28% of revenue
  • Capital expenditure Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A 9.77 trillion 8.2% of revenue
  • Free cash flow Derived Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A 23.57 trillion 20% of revenue

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2023 15%14%71%
  • 2024 10%18%71%
  • 2025 14%78%
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2023 2023-01-01 – 2023-12-31143189000000000 101430000000000 Derived 41759000000000 20698000000000 Derived 21061000000000 10451000000000 Derived
Source
2024 2024-01-01 – 2024-12-31133330000000000 94868000000000 Derived 38462000000000 24621000000000 Derived 13841000000000 35606000000000 Derived
Source
2025 2025-01-01 – 2025-12-31119694000000000 93015000000000 Derived 26679000000000 16191000000000 Derived 10488000000000 23569000000000 Derived
Source

Amounts are exact, in Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A 119.7T 2025
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.154.6T116.0T77.3T38.7T0.0202320242025
Values and sources
Revenue values and source evidence
PeriodSeriesValue(Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A)Source evidence
2023Revenue143189000000000
2024Revenue133330000000000
2025Revenue119694000000000

Revenue growth

Change in revenue from the same financial period one year earlier.

-10.2% 2025
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.0.8%-2.1%-5.1%-8.1%-11.0%202320242025
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2023Year over yearNo prior comparable period
2024Year over year-6.9%
2025Year over year-10.2%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin 22.3% 2025
Net margin 8.8% 2025
Free cash flow margin 19.7% 2025
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.31.5%23.6%15.7%7.9%0.0%202320242025
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2023Operating margin29.2%
2024Operating margin28.8%
2025Operating margin22.3%
2023Net margin14.7%
2024Net margin10.4%
2025Net margin8.8%
2023Free cash flow margin7.3%
2024Free cash flow margin26.7%
2025Free cash flow margin19.7%

Operating cash flow

Cash generated by the company’s normal business operations.

Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A 33.3T 2025
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.48.7T36.6T24.4T12.2T0.0202320242025
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A)Source evidence
2023Operating cash flow19801000000000
2024Operating cash flow45127000000000
2025Operating cash flow33342000000000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A 23.6T 2025
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.38.5T28.8T19.2T9.6T0.0202320242025
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A)Source evidence
2023Free cash flow10451000000000
2024Free cash flow35606000000000
2025Free cash flow23569000000000

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

62.2% 2025
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.70%52%35%17%0%2023-12-3120242025
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2023-12-31Liabilities / assetsNot reportedNo source recorded
2024Liabilities / assets64.5%
2025Liabilities / assets62.2%

Current assets to current liabilities

Current assets divided by current liabilities.

1.55× 2025
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.1.67×1.25×0.84×0.42×0.00×2023-12-3120242025
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2023-12-31Current assets / current liabilitiesNot reportedNo source recorded
2024Current assets / current liabilities1.53×
2025Current assets / current liabilities1.55×

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2023 2023-01-01 – 2023-12-31
Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A 21.06 trillion
Exact value

Exact value: 21061000000000 Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A

2023-01-01 – 2023-12-31: 21061000000000 Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A Inspect Net Income Open source
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Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A 19.8 trillion
Exact value

Exact value: 19801000000000 Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A

2023-01-01 – 2023-12-31: 19801000000000 Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A Inspect Operating Cash Flow Open source
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Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A 9.35 trillion
Exact value

Exact value: 9350000000000 Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A

2023-01-01 – 2023-12-31: 9350000000000 Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A Inspect Capital Expenditure Open source
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Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A 10.45 trillion
Calculation and evidence

19801000000000 − 9350000000000 Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A

Exact free cash flow: 10451000000000 Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A

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2024 2024-01-01 – 2024-12-31
Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A 13.84 trillion
Exact value

Exact value: 13841000000000 Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A

2024-01-01 – 2024-12-31: 13841000000000 Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A Inspect Net Income Open source
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Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A 45.13 trillion
Exact value

Exact value: 45127000000000 Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A

2024-01-01 – 2024-12-31: 45127000000000 Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A Inspect Operating Cash Flow Open source
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Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A 9.52 trillion
Exact value

Exact value: 9521000000000 Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A

2024-01-01 – 2024-12-31: 9521000000000 Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A Inspect Capital Expenditure Open source
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Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A 35.61 trillion
Calculation and evidence

45127000000000 − 9521000000000 Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A

Exact free cash flow: 35606000000000 Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A

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2025 2025-01-01 – 2025-12-31
Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A 10.49 trillion
Exact value

Exact value: 10488000000000 Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A

2025-01-01 – 2025-12-31: 10488000000000 Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A Inspect Net Income Open source
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Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A 33.34 trillion
Exact value

Exact value: 33342000000000 Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A

2025-01-01 – 2025-12-31: 33342000000000 Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A Inspect Operating Cash Flow Open source
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Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A 9.77 trillion
Exact value

Exact value: 9773000000000 Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A

2025-01-01 – 2025-12-31: 9773000000000 Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A Inspect Capital Expenditure Open source
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Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A 23.57 trillion
Calculation and evidence

33342000000000 − 9773000000000 Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A

Exact free cash flow: 23569000000000 Unit_Standard_COP_UsiS0ovkOkm82jVS9PfW0A

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Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

842 filings · 2,197 latest values · 2,197 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0001444406, 1444406, EC, edgar:1444406

Also known as ECOPETROL S.A.