Ecopetrol (EC) Gross Margin (2009 - 2026)

Ecopetrol's (EC) quarterly Gross Margin came in at 38.84% in Q1 2026, up 486.0% year-on-year from 6.63% in Q1 2025, and up 138.39% quarter-over-quarter from 16.29% in Q4 2025.

Ecopetrol (EC) Gross Margin (2009 - 2026) Analysis & Trends

Ecopetrol has disclosed Gross Margin across 11 years of filings, most recently posting 38.84% for Q1 2026.

  • Gross Margin for Q1 2026 came in at 38.84%, up 486.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 31.05% (down 122.0% YoY), and the FY2025 annual result was 17.02%, up 149.0% from the prior year.
  • Gross Margin came in at 38.84% for Q1 2026 at Ecopetrol, up from 16.29% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 47.41% in Q2 2022 to a low of 16.22% in Q4 2024.
  • The 5-year median for Gross Margin is 37.36% (2023), against an average of 35.68%.
  • Across the five-year window, Gross Margin soared 620 bps in 2022 and slumped 1679 bps in 2024, its largest moves.
  • Ecopetrol's Gross Margin stood at 39.5% in 2022, then retreated by 16 bps to 33.01% in 2023, then tumbled by 51 bps to 16.22% in 2024, then grew by 0 bps to 16.29% in 2025, then jumped by 138 bps to 38.84% in 2026.
  • The last three Gross Margin figures came in at 38.84% (Q1 2026), 16.29% (Q4 2025), and 33.41% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Petrobras - Petroleo Brasileiro 1,901.04 Bn 1,894.28 Bn 11.34 Bn 48.18%
2 Exxon Mobil 629.96 Bn 628.14 Bn - -
3 TotalEnergies SE 621.59 Bn 621.59 Bn 26,816.00 49.51%
4 Shell 546.31 Bn 505.07 Bn - -
5 Chevron 370.90 Bn 376.56 Bn 20.34 Bn 41.85%
6 Cenovus Energy 354.37 Bn 352.41 Bn 6.46 Bn 71.73%
7 Eni Spa 252.26 Bn 242.70 Bn - -
8 Bp 196.12 Bn 159.56 Bn - -
9 Suncor Energy 57.67 Bn 55.06 Bn 7.44 Bn 66.17%
10 Ecopetrol - - 11,119.00 Bn 38.84%

Historic Data

Download Data
DateValue
Mar 31, 2026 38.84%
Dec 31, 2025 16.29%
Sep 30, 2025 33.41%
Jun 30, 2025 28.68%
Mar 31, 2025 33.99%
Dec 31, 2024 16.22%
Sep 30, 2024 34.57%
Jun 30, 2024 36.92%
Mar 31, 2024 39.10%
Dec 31, 2023 33.01%
Sep 30, 2023 41.35%
Jun 30, 2023 37.36%
Mar 31, 2023 41.37%
Dec 31, 2022 39.50%
Sep 30, 2022 43.75%
Jun 30, 2022 47.41%
Mar 31, 2022 44.76%
Dec 31, 2021 39.76%
Sep 30, 2021 37.83%
Jun 30, 2021 41.21%