Ecopetrol Past Earnings Performance
Past criteria checks 2/6
Ecopetrol has been growing earnings at an average annual rate of 20.2%, while the Oil and Gas industry saw earnings growing at 30.6% annually. Revenues have been growing at an average rate of 21.1% per year. Ecopetrol's return on equity is 18.7%, and it has net margins of 11.4%.
Key information
20.2%
Earnings growth rate
20.2%
EPS growth rate
| Oil and Gas Industry Growth | 37.3% |
| Revenue growth rate | 21.1% |
| Return on equity | 18.7% |
| Net Margin | 11.4% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Ecopetrol makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 133,330,399 | 15,265,043 | 9,856,182 | 0 |
| 30 Jun 24 | 133,853,875 | 16,701,674 | 9,986,914 | 0 |
| 31 Mar 24 | 135,526,860 | 17,413,212 | 9,804,719 | 0 |
| 31 Dec 23 | 143,078,746 | 19,062,091 | 9,698,458 | 0 |
| 30 Sep 23 | 147,962,257 | 21,684,562 | 9,609,150 | 0 |
| 30 Jun 23 | 156,270,101 | 26,111,526 | 8,777,206 | 0 |
| 31 Mar 23 | 165,854,789 | 32,494,076 | 8,579,007 | 0 |
| 31 Dec 22 | 159,473,954 | 33,406,291 | 8,077,815 | 0 |
| 30 Sep 22 | 151,591,347 | 31,987,477 | 7,334,654 | 0 |
| 30 Jun 22 | 131,588,616 | 25,881,566 | 6,657,600 | 0 |
| 31 Mar 22 | 107,147,974 | 19,135,858 | 6,032,755 | 0 |
| 31 Dec 21 | 91,744,080 | 16,694,684 | 5,770,477 | 0 |
| 30 Sep 21 | 74,472,735 | 10,790,735 | 4,992,873 | 0 |
| 30 Jun 21 | 63,359,954 | 8,238,891 | 5,223,008 | 0 |
| 31 Mar 21 | 52,357,401 | 4,539,708 | 5,508,283 | 0 |
| 31 Dec 20 | 50,223,393 | 1,586,677 | 5,391,980 | 0 |
| 30 Sep 20 | 55,059,474 | 5,514,303 | 5,183,771 | 0 |
| 30 Jun 20 | 60,750,924 | 7,670,288 | 5,081,448 | 0 |
| 31 Mar 20 | 70,617,858 | 11,132,370 | 4,579,541 | 0 |
| 31 Dec 19 | 71,488,512 | 13,744,011 | 4,194,937 | 0 |
| 30 Sep 19 | 70,579,782 | 11,890,082 | 3,949,714 | 0 |
| 30 Jun 19 | 70,441,456 | 11,653,935 | 4,319,712 | 0 |
| 31 Mar 19 | 69,119,943 | 11,686,136 | 3,839,618 | 0 |
| 31 Dec 18 | 68,603,872 | 11,381,386 | 4,033,521 | 0 |
| 30 Sep 18 | 65,612,682 | 12,893,711 | 4,448,610 | 0 |
| 30 Jun 18 | 61,061,530 | 11,122,142 | 3,906,003 | 0 |
| 31 Mar 18 | 57,225,397 | 8,907,493 | 4,135,777 | 0 |
| 31 Dec 17 | 55,210,224 | 6,620,412 | 3,881,130 | 0 |
| 30 Sep 17 | 53,913,411 | 4,263,238 | 3,516,303 | 0 |
| 30 Jun 17 | 52,771,901 | 3,488,707 | 3,315,777 | 0 |
| 31 Mar 17 | 51,372,401 | 2,971,137 | 3,452,873 | 0 |
| 31 Dec 16 | 48,485,561 | 2,447,881 | 3,577,538 | 0 |
| 30 Sep 16 | 47,452,780 | -8,136,037 | 4,453,200 | 0 |
| 30 Jun 16 | 48,272,338 | -7,711,086 | 3,806,421 | 0 |
| 31 Mar 16 | 50,531,019 | -6,991,295 | 4,721,929 | 0 |
| 31 Dec 15 | 52,347,271 | -7,193,859 | 4,473,911 | 0 |
| 30 Sep 15 | 53,568,565 | -848,791 | 4,557,899 | 0 |
| 30 Jun 15 | 56,562,251 | 37,875 | 5,808,927 | 0 |
| 31 Mar 15 | 60,301,419 | 1,318,446 | 5,572,911 | 0 |
| 31 Dec 14 | 65,971,888 | 5,046,517 | 5,999,508 | 0 |
| 30 Sep 14 | 69,677,397 | 10,642,516 | 5,788,485 | 0 |
| 30 Jun 14 | 71,808,076 | 12,962,935 | 5,117,205 | 0 |
| 31 Mar 14 | 71,654,411 | 13,582,979 | 4,757,094 | 0 |
| 31 Dec 13 | 70,428,715 | 13,106,503 | 5,288,037 | 0 |
Quality Earnings: ECHA has high quality earnings.
Growing Profit Margin: ECHA's current net profit margins (11.4%) are lower than last year (14.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ECHA's earnings have grown significantly by 20.2% per year over the past 5 years.
Accelerating Growth: ECHA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ECHA had negative earnings growth (-29.6%) over the past year, making it difficult to compare to the Oil and Gas industry average (-28.6%).
Return on Equity
High ROE: ECHA's Return on Equity (18.7%) is considered low.