EC financial statements
The full income statement, balance sheet, and cash-flow statement for Ecopetrol S.A. American Depositary Shares (EC), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 29.6B-9.5% | 32.7B-1.4% | 33.1B-11.6% | 37.5B+52.8% | 24.5B+80.3% | |
| 9.29B-19.0% | 11.5B-9.8% | 12.7B-22.7% | 16.5B+70.0% | 9.69B+182.6% | ||
| Cost of revenue | 20.3B-4.4% | 21.2B+3.9% | 20.4B-2.8% | 21.0B+41.6% | 14.8B+45.8% | |
| Operating income | 6.59B-30.1% | 9.42B-2.5% | 9.66B-31.7% | 14.1B+78.4% | 7.92B+307.5% | |
| Interest expense | 2.66B+5.3% | 2.53B+5.2% | 2.40B+27.5% | 1.88B+59.3% | 1.18B+11.1% | |
| Pre-tax income | 4.66B-38.1% | 7.52B-11.9% | 8.54B-32.8% | 12.7B+80.3% | 7.05B+445.2% | |
| Income tax | 1.09B-63.5% | 2.99B+12.3% | 2.66B-40.1% | 4.45B+89.7% | 2.35B+325.1% | |
| 3.57B-21.3% | 4.53B-22.8% | 5.87B-28.9% | 8.26B+75.6% | 4.70B+534.5% | ||
| Net income to common | 2.59B-23.6% | 3.39B-30.4% | 4.87B-34.3% | 7.42B+77.6% | 4.18B+871.9% | |
| $1.26-23.6% | $1.65-30.4% | $2.37-34.3% | $3.61+77.7% | $2.03+871.8% | ||
| EPS (basic) | $1.26-23.6% | $1.65-30.4% | $2.37-34.3% | $3.61+77.7% | $2.03+871.8% | |
| Dividends per share | $0.08+24.1% | $0.06+6.1% | $0.06-66.7% | $0.18+96.6% | $0.09-92.1% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 14.2B+2.9% | 13.8B-22.1% | 17.7B+10.9% | 15.9B+25.5% | 12.7B+90.3% | ||
| Cash & equivalents | 2.84B-11.1% | 3.19B+0.4% | 3.18B+0.0% | 3.18B-11.1% | 3.57B+140.7% | |
| Accounts receivable | 3.95B-14.9% | 4.64B-46.0% | 8.58B+6.1% | 8.09B+78.5% | 4.53B+221.9% | |
| Inventory | 2.28B+0.3% | 2.28B-13.4% | 2.63B+7.3% | 2.45B+18.7% | 2.06B+39.7% | |
| 74.8B+10.5% | 67.7B-6.2% | 72.2B+15.6% | 62.4B+4.8% | 59.6B+48.0% | ||
| Property, plant & equipment | 28.1B+15.3% | 24.4B-0.5% | 24.5B+17.7% | 20.8B-5.9% | 22.1B+13.9% | |
| Goodwill | 1.28B+9.7% | 1.17B-6.4% | 1.25B+13.1% | 1.10B-4.2% | 1.15B+147.1% | |
| Total non-current assets | 60.7B+12.5% | 53.9B-1.0% | 54.5B+17.1% | 46.5B-0.7% | 46.9B+39.6% | |
| 9.15B+1.7% | 9.00B-19.8% | 11.2B-4.2% | 11.7B+57.6% | 7.43B+39.1% | ||
| Short-term & current debt | 2.67B+4.3% | 2.56B-36.0% | 4.01B-12.5% | 4.58B+102.4% | 2.26B+57.2% | |
| 46.5B+6.6% | 43.7B-5.8% | 46.3B+18.9% | 39.0B+4.4% | 37.3B+51.6% | ||
| Long-term debt | 26.3B+6.5% | 24.7B+6.1% | 23.3B+21.3% | 19.2B-9.1% | 21.1B+72.7% | |
| 21.6B+19.0% | 18.1B-7.0% | 19.5B+9.7% | 17.8B+5.6% | 16.8B+15.4% | ||
| Total equity incl. non-controlling | 28.3B+17.7% | 24.0B-6.9% | 25.8B+9.9% | 23.5B+5.6% | 22.3B+42.4% | |
| Common shares outstanding | — | 2.06B+0.0% | 2.06B+0.0% | 2.06B+0.0% | 2.06B+0.0% | |
| Shares outstanding (cover) | 2.06B+0.0% | 2.06B+0.0% | 2.06B+0.0% | 2.06B+0.0% | 2.06B+0.0% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Cash from operations | 8.23B-25.5% | 11.1B+141.4% | 4.58B-46.1% | 8.51B+41.4% | 6.01B+141.7% | |
| Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Long-term debt issued | 4.54B-31.7% | 6.65B-15.5% | 7.87B+99.2% | 3.95B-39.9% | 6.58B+76.1% | |
| Long-term debt repaid | 3.75B-41.5% | 6.41B+27.9% | 5.01B+30.1% | 3.85B+28.1% | 3.01B+121.9% | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Dividends paid | 160M+24.1% | 129M+6.1% | 122M-66.7% | 365M+96.6% | 186M-92.1% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 20.6B+26.5% | 16.3B-33.6% | 24.5B+13.8% | 21.5B-18.8% | 26.5B-0.2% | |
| P/E | 5.8×+60.8% | 3.6×+21.1% | 3.0×-35.2% | 4.6×-18.8% | 5.6×-84.3% | |
| P/S | 0.7×+39.9% | 0.5×-23.8% | 0.7×-25.5% | 0.9×-18.8% | 1.1×-44.6% | |
| P/B | 1.0×+6.3% | 0.9×-34.9% | 1.4×+7.8% | 1.3×-18.8% | 1.6×-13.5% | |
| Earnings yield | 17.3%-37.8% | 27.8%-17.4% | 33.7%+54.2% | 21.9%+23.1% | 17.8%+535.5% | |
| Dividend yield | 0.78%-1.9% | 0.79%+59.7% | 0.50%-70.7% | 1.7%+142.0% | 0.70%-92.1% | |
| Source filing | 20-F | 20-F | 20-F | 20-F | 20-F |
About this data
Source: EC’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all EC filings on SEC EDGAR → Not investment advice.