Is the business good?
How good a business is EC?
Ecopetrol S.A. earns 17% on the capital it employs against a 9.0% cost of capital, so the business is worth more the bigger it gets.
17%
Return on invested capital · cost of capital 9.0% · 8.1 points above what the capital costs: growth creates value
- Operating margin
- 28%
Operating margin · Oil & Gas Integrated median 14% · 12 months to Q4 2023
- Cash conversion
- 1.19×
Cash conversion · every dollar of reported profit arrived as cash, and more
- Gross margin
- 38%
Gross margin
| Year | Operating margin |
|---|---|
| FY2019 | 29% |
| FY2020 | 14% |
| FY2021 | 32% |
| FY2022 | 38% |
| FY2023 | 29% |
| FY2024 | 29% |
Details›
- Gross margin12 months to Q4 2023
- 38%
- Operating margin12 months to Q4 2023
- 28%
- Net margin12 months to Q4 2023
- 15%
- Free cash flow margin
- 18%
- Revenue, trailing twelve months
- $141.47T
- Free cash flow, trailing twelve months
- $25.52T
- Net income, trailing twelve months
- $21.40T
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 17%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.
Oil & Gas Integrated
Ranks #10 of 13 by Smart Score