EC: Ecopetrol Sa Financial Statements
Balance sheet, income statement, and cash flow statements for Ecopetrol Sa (EC).
$16.28B Market Cap.
EC Market Cap. (MRY)
EC Shares Outstanding (MRY)
EC Assets (MRY)
Total Assets
$298.24T
Total Liabilities
$192.33T
Total Investments
$13.89T
EC Income (MRY)
Revenue
$133.33T
Net Income
$13.84T
Operating Expense
$8.39T
EC Cash Flow (MRY)
CF Operations
$45.13T
CF Investing
-$22.03T
CF Financing
-$22.69T
EC Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $298,242,156,000,000 (6.46%) | $280,141,090,000,000 (-7.48%) | $302,792,431,000,000 (24.90%) | $242,426,616,000,000 (76.06%) |
Assets Current | $60,659,805,000,000 (-11.59%) | $68,615,106,000,000 (-11.21%) | $77,276,845,000,000 (49.48%) | $51,695,747,000,000 (126.39%) |
Assets Non-Current | $237,582,351,000,000 (12.32%) | $211,525,984,000,000 (-6.20%) | $225,515,586,000,000 (18.24%) | $190,730,869,000,000 (66.06%) |
Goodwill & Intangible Assets | $21,559,070,000,000 (10.21%) | $19,561,476,000,000 (-16.75%) | $23,496,719,000,000 (16.35%) | $20,194,840,000,000 (839.59%) |
Shareholders Equity | $79,854,603,000,000 (5.48%) | $75,706,627,000,000 (-12.13%) | $86,154,927,000,000 (25.79%) | $68,489,547,000,000 (37.25%) |
Property Plant & Equipment Net | $156,100,763,000,000 (10.53%) | $141,229,071,000,000 (-1.89%) | $143,948,921,000,000 (13.81%) | $126,483,048,000,000 (27.99%) |
Cash & Equivalents | $14,054,475,000,000 (13.93%) | $12,336,115,000,000 (-19.90%) | $15,401,058,000,000 (5.85%) | $14,549,906,000,000 (186.29%) |
Accumulated Other Comprehensive Income | $11,912,209,000,000 (37.32%) | $8,674,648,000,000 (-45.09%) | $15,796,719,000,000 (39.08%) | $11,357,894,000,000 (42.92%) |
Deferred Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Investments | $13,892,323,000,000 (30.43%) | $10,651,407,000,000 (-12.85%) | $12,222,471,000,000 (8.24%) | $11,291,920,000,000 (80.78%) |
Investments Current | $851,543,000,000 (-54.24%) | $1,860,928,000,000 (60.13%) | $1,162,127,000,000 (-28.58%) | $1,627,150,000,000 (-25.86%) |
Investments Non-Current | $13,040,780,000,000 (48.35%) | $8,790,479,000,000 (-20.52%) | $11,060,344,000,000 (14.44%) | $9,664,770,000,000 (138.54%) |
Inventory | $10,027,831,000,000 (-1.71%) | $10,202,448,000,000 (-14.12%) | $11,880,034,000,000 (41.46%) | $8,398,212,000,000 (66.17%) |
Trade & Non-Trade Receivables | $52,562,001,000,000 (-16.69%) | $63,091,730,000,000 (-11.61%) | $71,380,204,000,000 (67.53%) | $42,608,598,000,000 (675.31%) |
Trade & Non-Trade Payables | $19,316,935,000,000 (2.10%) | $18,918,714,000,000 (-5.38%) | $19,994,760,000,000 (46.60%) | $13,638,838,000,000 (61.02%) |
Accumulated Retained Earnings (Deficit) | $12,138,221,000,000 (-30.49%) | $17,461,488,000,000 (-41.43%) | $29,811,809,000,000 (100.62%) | $14,859,658,000,000 (2118.19%) |
Tax Assets | $24,364,017,000,000 (30.70%) | $18,641,136,000,000 (-7.65%) | $20,185,442,000,000 (31.90%) | $15,303,934,000,000 (27.02%) |
Tax Liabilities | $17,698,044,000,000 (7.67%) | $16,436,738,000,000 (-28.24%) | $22,906,545,000,000 (60.45%) | $14,276,624,000,000 (359.06%) |
Total Debt | $119,965,031,000,000 (13.37%) | $105,815,527,000,000 (-8.09%) | $115,134,839,000,000 (21.12%) | $95,060,928,000,000 (103.42%) |
Debt Current | $11,287,944,000,000 (-27.41%) | $15,550,008,000,000 (-29.95%) | $22,198,583,000,000 (141.12%) | $9,206,283,000,000 (86.99%) |
Debt Non-Current | $108,677,087,000,000 (20.40%) | $90,265,519,000,000 (-2.87%) | $92,936,256,000,000 (8.25%) | $85,854,645,000,000 (105.35%) |
Total Liabilities | $192,328,717,000,000 (6.92%) | $179,888,610,000,000 (-4.77%) | $188,889,342,000,000 (24.40%) | $151,842,844,000,000 (80.35%) |
Liabilities Current | $39,635,471,000,000 (-9.02%) | $43,564,563,000,000 (-23.28%) | $56,782,338,000,000 (87.72%) | $30,248,731,000,000 (65.45%) |
Liabilities Non-Current | $152,693,246,000,000 (12.01%) | $136,324,047,000,000 (3.19%) | $132,107,004,000,000 (8.65%) | $121,594,113,000,000 (84.48%) |
EC Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $133,330,428,000,000 (-6.89%) | $143,189,602,000,000 (-10.29%) | $159,611,078,000,000 (73.71%) | $91,881,204,000,000 (82.95%) |
Cost of Revenue | $86,481,154,000,000 (-1.92%) | $88,178,198,000,000 (-1.43%) | $89,458,148,000,000 (60.95%) | $55,581,776,000,000 (47.95%) |
Selling General & Administrative Expense | $5,103,103,000,000 (1.54%) | $5,025,797,000,000 (15.92%) | $4,335,695,000,000 (29.73%) | $3,342,069,000,000 (-0.92%) |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Operating Expenses | $8,386,277,000,000 (-36.72%) | $13,252,423,000,000 (33.55%) | $9,923,177,000,000 (50.31%) | $6,601,721,000,000 (20.60%) |
Interest Expense | $10,319,316,000,000 (-0.62%) | $10,384,065,000,000 (29.36%) | $8,027,252,000,000 (81.13%) | $4,431,648,000,000 (12.77%) |
Income Tax Expense | $12,208,540,000,000 (6.01%) | $11,515,875,000,000 (-39.27%) | $18,963,938,000,000 (115.62%) | $8,795,263,000,000 (331.42%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | $18,498,875,000,000 (-27.12%) | $25,383,071,000,000 (-27.89%) | $35,199,480,000,000 (99.65%) | $17,630,554,000,000 (543.96%) |
Net Income to Non-Controlling Interests | $4,657,722,000,000 (7.76%) | $4,322,273,000,000 (20.24%) | $3,594,699,000,000 (81.42%) | $1,981,411,000,000 (72.12%) |
Net Income | $13,841,153,000,000 (-34.28%) | $21,060,798,000,000 (-33.36%) | $31,604,781,000,000 (101.96%) | $15,649,143,000,000 (886.28%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | $13,841,153,000,000 (-34.28%) | $21,060,798,000,000 (-33.36%) | $31,604,781,000,000 (101.96%) | $15,649,143,000,000 (886.28%) |
Weighted Average Shares | $41,116,694,690 (0.00%) | $41,116,694,690 (0.00%) | $41,116,694,690 (0.00%) | $41,116,694,690 (0.00%) |
Weighted Average Shares Diluted | - | - | - | - |
Earning Before Interest & Taxes (EBIT) | $36,369,009,000,000 (-15.34%) | $42,960,738,000,000 (-26.68%) | $58,595,971,000,000 (102.92%) | $28,876,054,000,000 (282.20%) |
Gross Profit | $46,849,274,000,000 (-14.84%) | $55,011,404,000,000 (-21.58%) | $70,152,930,000,000 (93.26%) | $36,299,428,000,000 (186.82%) |
Operating Income | $38,462,997,000,000 (-7.89%) | $41,758,981,000,000 (-30.67%) | $60,229,753,000,000 (102.81%) | $29,697,707,000,000 (313.52%) |
EC Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$22,033,982,000,000 (-10.06%) | -$20,019,738,000,000 (-10.64%) | -$18,095,033,000,000 (11.81%) | -$20,518,231,000,000 (-140.58%) |
Net Cash Flow from Financing | -$22,687,122,000,000 (-6297.79%) | -$354,609,000,000 (98.13%) | -$18,934,042,000,000 (-372.10%) | $6,958,380,000,000 (364.67%) |
Net Cash Flow from Operations | $45,127,516,000,000 (127.91%) | $19,800,552,000,000 (-45.35%) | $36,234,570,000,000 (60.79%) | $22,536,021,000,000 (145.31%) |
Net Cash Flow / Change in Cash & Cash Equivalents | $1,718,360,000,000 (156.06%) | -$3,064,943,000,000 (-460.09%) | $851,152,000,000 (-91.01%) | $9,467,598,000,000 (574.94%) |
Net Cash Flow - Business Acquisitions and Disposals | -$1,058,531,000,000 (-123995.08%) | -$853,000,000 (99.74%) | -$329,377,000,000 (96.34%) | -$8,996,322,000,000 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | -$2,030,143,000,000 (-239.19%) | $1,458,591,000,000 (-47.39%) | $2,772,528,000,000 (86.21%) | $1,488,951,000,000 (-34.27%) |
Capital Expenditure | -$19,706,735,000,000 (12.75%) | -$22,585,325,000,000 (-8.95%) | -$20,730,260,000,000 (-61.32%) | -$12,850,616,000,000 (-16.54%) |
Issuance (Repayment) of Debt Securities | $434,780,000,000 (-96.33%) | $11,841,781,000,000 (59209005.00%) | -$20,000,000 (-100.00%) | $13,063,222,000,000 (54.58%) |
Issuance (Purchase) of Equity Shares | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Payment of Dividends & Other Cash Distributions | -$15,565,064,000,000 (-179.40%) | -$5,570,876,000,000 (58.29%) | -$13,356,947,000,000 (-381.98%) | -$2,771,287,000,000 (68.27%) |
Effect of Exchange Rate Changes on Cash | $1,311,948,000,000 (152.66%) | -$2,491,148,000,000 (-251.38%) | $1,645,657,000,000 (234.87%) | $491,428,000,000 (2304.31%) |
Share Based Compensation | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Depreciation Amortization & Accretion | $15,197,283,000,000 (10.03%) | $13,812,387,000,000 (13.88%) | $12,128,991,000,000 (19.38%) | $10,159,922,000,000 (8.96%) |
EC Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 35.10% (-8.59%) | 38.40% (-12.73%) | 44.00% (11.39%) | 39.50% (56.75%) |
Profit Margin | 10.40% (-29.25%) | 14.70% (-25.76%) | 19.80% (16.47%) | 17.00% (431.25%) |
EBITDA Margin | 38.70% (-2.27%) | 39.60% (-10.61%) | 44.30% (4.24%) | 42.50% (26.49%) |
Return on Average Equity (ROAE) | 17.80% (-31.54%) | 26.00% (-36.43%) | 40.90% (54.92%) | 26.40% (780.00%) |
Return on Average Assets (ROAA) | 4.80% (-33.33%) | 7.20% (-37.93%) | 11.60% (41.46%) | 8.20% (583.33%) |
Return on Sales (ROS) | 27.30% (-9.00%) | 30.00% (-18.26%) | 36.70% (16.88%) | 31.40% (109.33%) |
Return on Invested Capital (ROIC) | 11.10% (-18.38%) | 13.60% (-30.96%) | 19.70% (47.01%) | 13.40% (168.00%) |
Dividend Yield | 20.20% (-2.88%) | 20.80% (-7.56%) | 22.50% (3114.29%) | 0.70% (-89.86%) |
Price to Earnings Ratio (P/E) | 5.21 (15.49%) | 4.51 (36.45%) | 3.3 (-52.08%) | 6.89 (-87.96%) |
Price to Sales Ratio (P/S) | 0.54 (-18.55%) | 0.66 (1.38%) | 0.65 (-44.29%) | 1.17 (-35.10%) |
Price to Book Ratio (P/B) | 0.9 (-28.07%) | 1.25 (3.47%) | 1.21 (-23.05%) | 1.57 (-13.51%) |
Debt to Equity Ratio (D/E) | 2.41 (1.35%) | 2.38 (8.39%) | 2.19 (-1.13%) | 2.22 (31.42%) |
Earnings Per Share (EPS) | 6,732 (-34.28%) | 10,244 (-33.37%) | 15,374 (101.97%) | 7,612 (886.27%) |
Sales Per Share (SPS) | 14.66 (-18.48%) | 17.98 (12.31%) | 16.01 (45.82%) | 10.98 (53.83%) |
Free Cash Flow Per Share (FCFPS) | 12,365.19 (1012.85%) | -1,354.57 (-117.96%) | 7,541.61 (60.08%) | 4,711.18 (626.36%) |
Book Value Per Share (BVPS) | 38,842.91 (5.48%) | 36,825.25 (-12.13%) | 41,907.52 (25.79%) | 33,314.71 (37.25%) |
Tangible Assets Book Value Per Share (TABVPS) | 134,584.3 (6.18%) | 126,751.25 (-6.70%) | 135,855.14 (25.68%) | 108,098.07 (63.95%) |
Enterprise Value Over EBIT (EV/EBIT) | 5 (25.00%) | 4 (0.00%) | 4 (-20.00%) | 5 (-66.67%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 3.45 (9.66%) | 3.15 (6.93%) | 2.94 (-25.49%) | 3.95 (-42.98%) |
Asset Turnover | 0.46 (-6.11%) | 0.49 (-16.07%) | 0.58 (21.12%) | 0.48 (30.54%) |
Current Ratio | 1.53 (-2.86%) | 1.57 (15.72%) | 1.36 (-20.36%) | 1.71 (36.83%) |
Dividends | $1.6 (-35.56%) | $2.48 (5.57%) | $2.35 (2429.03%) | $0.09 (-89.60%) |
Free Cash Flow (FCF) | $25,420,781,000,000 (1012.85%) | -$2,784,773,000,000 (-117.96%) | $15,504,310,000,000 (60.08%) | $9,685,405,000,000 (626.36%) |
Enterprise Value (EV) | $40,227,284,626 (-12.77%) | $46,117,741,727 (7.45%) | $42,921,161,904 (13.31%) | $37,880,894,589 (10.88%) |
Earnings Before Tax (EBT) | $26,049,693,000,000 (-20.04%) | $32,576,673,000,000 (-35.58%) | $50,568,719,000,000 (106.87%) | $24,444,406,000,000 (574.27%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $51,566,292,000,000 (-9.17%) | $56,773,125,000,000 (-19.73%) | $70,724,962,000,000 (81.18%) | $39,035,976,000,000 (131.26%) |
Invested Capital | $342,958,171,000,000 (10.46%) | $310,494,463,000,000 (-3.65%) | $322,247,155,000,000 (18.26%) | $272,494,067,000,000 (71.47%) |
Working Capital | $21,024,334,000,000 (-16.07%) | $25,050,543,000,000 (22.23%) | $20,494,507,000,000 (-4.44%) | $21,447,016,000,000 (371.16%) |
Tangible Asset Value | $276,683,086,000,000 (6.18%) | $260,579,614,000,000 (-6.70%) | $279,295,712,000,000 (25.68%) | $222,231,776,000,000 (63.95%) |
Market Capitalization | $16,282,211,097 (-33.56%) | $24,505,550,035 (13.85%) | $21,524,589,670 (-18.77%) | $26,499,709,728 (-0.15%) |
Average Equity | $77,780,615,000,000 (-3.89%) | $80,930,777,000,000 (4.67%) | $77,322,237,000,000 (30.62%) | $59,194,705,500,000 (13.49%) |
Average Assets | $289,191,623,000,000 (-0.78%) | $291,466,760,500,000 (6.92%) | $272,609,523,500,000 (43.43%) | $190,060,392,500,000 (39.96%) |
Invested Capital Average | $326,726,317,000,000 (3.27%) | $316,370,809,000,000 (6.39%) | $297,370,611,000,000 (37.86%) | $215,702,958,500,000 (43.52%) |
Shares | 41,116,694,690 (0.00%) | 41,116,694,690 (0.00%) | 41,116,694,690 (0.00%) | 41,116,694,690 (0.00%) |
