Ecopetrol
EC
#857
Rank
$21.99 B
Marketcap
๐Ÿ‡จ๐Ÿ‡ด Colombia
Country
$10.70
Share price
0.19%
Change (1 day)
-5.31%
Change (1 year)

Operating Margin for Ecopetrol (EC)

Operating Margin as of July 2024 (TTM): 25.39%

According to Ecopetrol's latest financial reports and stock price the company's current Operating Margin is 25.39%. 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
14.62%-42.42%๐Ÿ‡บ๐Ÿ‡ธ USA
16.57%-34.74%๐Ÿ‡ฆ๐Ÿ‡ท Argentina
10.41%-59.00%๐Ÿ‡ฎ๐Ÿ‡น Italy
34.59% 36.23%๐Ÿ‡ง๐Ÿ‡ท Brazil
14.58%-42.58%๐Ÿ‡บ๐Ÿ‡ธ USA
23.50%-7.44%๐Ÿ‡บ๐Ÿ‡ธ USA
11.30%-55.49%๐Ÿ‡ฌ๐Ÿ‡ง UK
27.70% 9.10%๐Ÿ‡บ๐Ÿ‡ธ USA
22.75%-10.40%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.