Ecopetrol
EC
#1146
Rank
C$22.93 B
Marketcap
๐Ÿ‡จ๐Ÿ‡ด
Country
$11.16
Share price
2.46%
Change (1 day)
-31.24%
Change (1 year)

Operating Margin for Ecopetrol (EC)

Operating Margin as of November 2024 (TTM): 23.20%

According to Ecopetrol's latest financial reports and stock price the company's current Operating Margin is 23.20%. At the end of 2022 the company had an Operating Margin of 38.65%.

Operating Margin history for Ecopetrol from 2008 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202238.65%16.18%
202133.27%107.96%
202016.00%-48.89%
201931.30%-9.33%
201834.52%14.23%
201730.22%31.57%
201622.97%-477.82%
2015-6.08%-132.06%
201418.96%-40.58%
201331.91%-4.11%
201233.28%-8.74%
201136.47%31.88%
201027.65%13.77%
200924.30%-48.61%
200847.29%18.25%
200739.99%58.65%
200625.21%-13.07%
200529.00%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
14.03%-39.53%๐Ÿ‡บ๐Ÿ‡ธ USA
16.57%-28.58%๐Ÿ‡ฆ๐Ÿ‡ท Argentina
8.41%-63.75%๐Ÿ‡ฎ๐Ÿ‡น Italy
21.63%-6.77%๐Ÿ‡ง๐Ÿ‡ท Brazil
14.78%-36.29%๐Ÿ‡บ๐Ÿ‡ธ USA
23.50% 1.29%๐Ÿ‡บ๐Ÿ‡ธ USA
11.30%-51.29%๐Ÿ‡ฌ๐Ÿ‡ง UK
28.15% 21.34%๐Ÿ‡บ๐Ÿ‡ธ USA
22.75%-1.94%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin?

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.