Ecopetrol S.A.
Income Statement

Last updated:

Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Ecopetrol S.A.'s past years’ income statements indicate that its last revenue has decreased compared to the previous period by 10% to $143,078,746,000,000. Profit margin reached 13%. Total operating expenses were $14,268,066,000,000.

Profit Margin

Ecopetrol S.A. (NYSE:EC): Profit margin
2014 68.92T 7.51T 10.9%
2015 52.09T -3.98T -7.66%
2016 47.73T 1.56T 3.28%
2017 55.21T 7.17T 13%
2018 67.82T 11.38T 16.78%
2019 70.84T 13.74T 19.4%
2020 50.02T 3.37T 6.74%
2021 91.74T 15.64T 17.06%
2022 159.47T 31.60T 19.82%
2023 143.07T 19.06T 13.32%

EC Income Statement (2014 – 2023)

2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Revenue
Revenue
143.07T159.47T91.74T50.02T70.84T67.82T55.21T47.73T52.09T68.92T
Cost of revenue
87.16T89.45T55.58T37.55T44.95T41.17T36.89T34.23T36.99T45.05T
Gross profit
55.91T70.01T36.16T12.47T25.88T26.65T18.31T13.49T15.09T23.87T
Operating exp.
Research and development
0000000000
Selling and marketing
4.75T1.32T686.15B656.43B000002.98T
Total operating expenses
14.26T9.63T6.56T4.84T3.72T4.59T4.18T4.40T5.35T7.26T
Operating income
41.75T60.38T29.59T7.63T22.16T22.05T15.50T8.25T1.45T16.60T
Other income (expenses), net
-4.86T-6.06T-3.27T-2.40T-1.31T527B-1.73T116B-7.70T-3.34T
Income before tax
36.89T54.31T26.32T5.24T20.84T20.20T13.03T7.06T-2.47T15.42T
Income tax expense
11.51T17.25T7.59T1.86T5.06T7.41T5.63T4.65T606.56B7.13T
Net income
19.06T31.60T15.64T3.37T13.74T11.38T7.17T1.56T-3.98T7.51T
Earnings per share
Basic EPS
463.61812.48380.61.64K322.295.53K3.49K761.25-1.93K3.65K
Diluted EPS
463.61812.48380.61.64K322.295.53K3.49K761.25-1.93K3.65K
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