Ecopetrol
EC
#812
Rank
$24.40 B
Marketcap
๐Ÿ‡จ๐Ÿ‡ด Colombia
Country
$11.87
Share price
-3.42%
Change (1 day)
26.01%
Change (1 year)

Operating Margin for Ecopetrol (EC)

Operating Margin as of May 2024 (TTM): 34.19%

According to Ecopetrol's latest financial reports and stock price the company's current Operating Margin is 34.19%. At the end of 2022 the company had an Operating Margin of 36.91%.

Operating Margin history for Ecopetrol from 2008 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202236.91%16.17%
202131.77%117.01%
202014.64%-53.4%
201931.42%-4.09%
201832.76%20.45%
201727.20%37.56%
201619.77%5.75%
201518.70%-49.97%
201437.37%2.11%
201336.60%-7.81%
201239.70%-20.58%
201149.99%29.81%
201038.51%-47.55%
200973.42%55.25%
200847.29%18.25%
200740.00%58.66%
200625.21%-13.07%
200529.00%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
6.38%-81.34%๐Ÿ‡ฌ๐Ÿ‡ง UK
39.59% 15.79%๐Ÿ‡บ๐Ÿ‡ธ USA
38.53% 12.69%๐Ÿ‡บ๐Ÿ‡ธ USA
19.97%-41.59%๐Ÿ‡บ๐Ÿ‡ธ USA
19.83%-42.00%๐Ÿ‡บ๐Ÿ‡ธ USA
32.50%-4.94%๐Ÿ‡บ๐Ÿ‡ธ USA
16.06%-53.03%๐Ÿ‡ฆ๐Ÿ‡ท Argentina
43.00% 25.77%๐Ÿ‡ง๐Ÿ‡ท Brazil
13.03%-61.89%๐Ÿ‡ฎ๐Ÿ‡น Italy

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.