Ecopetrol
EC
Operating Margin for Ecopetrol (EC)
Operating Margin as of April 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 |
|---|---|---|
| 2022 | 36.91% | 16.17% |
| 2021 | 31.77% | 117.01% |
| 2020 | 14.64% | -53.4% |
| 2019 | 31.42% | -4.09% |
| 2018 | 32.76% | 20.45% |
| 2017 | 27.20% | 37.56% |
| 2016 | 19.77% | 5.75% |
| 2015 | 18.70% | -49.97% |
| 2014 | 37.37% | 2.11% |
| 2013 | 36.60% | -7.81% |
| 2012 | 39.70% | -20.58% |
| 2011 | 49.99% | 29.81% |
| 2010 | 38.51% | -47.55% |
| 2009 | 73.42% | 55.25% |
| 2008 | 47.29% | 18.25% |
| 2007 | 40.00% | 58.66% |
| 2006 | 25.21% | -13.07% |
| 2005 | 29.00% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 BP BP | 6.38% | -81.34% | 🇬🇧 UK |
 Marathon Oil
MRO | 39.59% | 15.79% | 🇺🇸 USA |
 Occidental Petroleum OXY | 38.53% | 12.69% | 🇺🇸 USA |
 Exxon Mobil XOM | 19.97% | -41.59% | 🇺🇸 USA |
 Chevron CVX | 19.83% | -42.00% | 🇺🇸 USA |
 Hess HES | 32.50% | -4.94% | 🇺🇸 USA |
 YPF
(Yacimientos Petrolíferos Fiscales)
YPF | 16.06% | -53.03% | 🇦🇷 Argentina |
 Petrobras PBR | 43.00% | 25.77% | 🇧🇷 Brazil |
 ENI E | 13.03% | -61.89% | 🇮🇹 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.