Ecopetrol (EC) Operating Margin (2009 - 2026)
Ecopetrol (EC) posted Operating Margin of 29.92% for Q1 2026, down 15.78% sequentially from 35.52% in Q4 2025, and up 320.0% YoY from 7.12% in Q1 2025.
Ecopetrol (EC) Operating Margin (2009 - 2026) Analysis & Trends
Ecopetrol (EC) has 10 years of Operating Margin data on file, last reported at 29.92% in Q1 2026.
- Quarterly Operating Margin rose 320.0% year-over-year to 29.92% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 14.25% (up 27.0% YoY) and the FY2025 annual result came in at 40.48%, down 824.0% from the prior year.
- Operating Margin slipped to 29.92% in Q1 2026 per EC's latest filing, from 35.52% in the prior quarter.
- The five-year high for Operating Margin was 40.79% in Q4 2024, with the low at 2.66% in Q4 2022.
- Average Operating Margin over 5 years is 17.38%, with a median of 7.4% recorded in 2024.
- Year-over-year, Operating Margin jumped 3010 bps in 2023 and slumped 2624 bps in 2024.
- Ecopetrol's Operating Margin stood at 2.66% in 2022, then soared by 732 bps to 22.13% in 2023, then jumped by 84 bps to 40.79% in 2024, then retreated by 13 bps to 35.52% in 2025, then dropped by 16 bps to 29.92% in 2026.
- Business Quant data shows EC's Operating Margin at 29.92% in Q1 2026, 35.52% in Q4 2025, and 6.54% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Exxon Mobil | 6,326.01 Bn | 6,324.19 Bn | - | - |
| 2 | Petrobras - Petroleo Brasileiro | 3,284.86 Bn | 3,284.86 Bn | 11.34 Bn | 33.35% |
| 3 | Bp | 558.99 Bn | 524.30 Bn | 51.83 Bn | 16.24% |
| 4 | TotalEnergies SE | 523.98 Bn | 523.98 Bn | 26,816.00 | 59.15% |
| 5 | Chevron | 328.11 Bn | 333.77 Bn | 20.34 Bn | 26.06% |
| 6 | Equinor Asa | 77.88 Bn | 70.78 Bn | - | 31.55% |
| 7 | National Fuel Gas | 7.37 Bn | 7.34 Bn | 650.52 Mn | 40.44% |
| 8 | Diversified Energy | 1.02 Bn | 860.11 Mn | -3.35 Mn | -923.09% |
| 9 | Stabilis Solutions | 74.76 Mn | 64.12 Mn | 367,000.00 | -39.10% |
| 10 | Ecopetrol | - | - | 11,119.00 Bn | 29.92% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 29.92% |
| Dec 31, 2025 | 35.52% |
| Sep 30, 2025 | 6.54% |
| Jun 30, 2025 | 3.66% |
| Mar 31, 2025 | 26.72% |
| Dec 31, 2024 | 40.79% |
| Sep 30, 2024 | 7.40% |
| Jun 30, 2024 | 5.17% |
| Mar 31, 2024 | 31.31% |
| Dec 31, 2023 | 22.13% |
| Sep 30, 2023 | 33.64% |
| Jun 30, 2023 | 30.61% |
| Mar 31, 2023 | 6.00% |
| Dec 31, 2022 | 2.66% |
| Sep 30, 2022 | 3.53% |
| Jun 30, 2022 | 6.74% |
| Mar 31, 2022 | 3.05% |
| Dec 31, 2021 | 1.25% |
| Sep 30, 2021 | -0.16% |
| Jun 30, 2021 | 1.55% |