Ecopetrol
EC
Operating Margin for Ecopetrol (EC)
Operating Margin as of March 2023 (TTM): 34.83%
According to Ecopetrol's latest financial reports and stock price the company's current Operating Margin is 34.83%. At the end of 2021 the company had an Operating Margin of 33.27%.
Operating Margin history for Ecopetrol from 2008 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 33.27% | 107.96% |
| 2020 | 16.00% | -48.89% |
| 2019 | 31.30% | -9.33% |
| 2018 | 34.52% | 14.23% |
| 2017 | 30.22% | 31.57% |
| 2016 | 22.97% | -477.82% |
| 2015 | -6.08% | -125.8% |
| 2014 | 23.56% | -26.17% |
| 2013 | 31.91% | -4.11% |
| 2012 | 33.28% | -9.04% |
| 2011 | 36.59% | 31.93% |
| 2010 | 27.73% | 14.1% |
| 2009 | 24.30% | -48.61% |
| 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 | 9.65% | -72.29% | 🇬🇧 UK |
 Marathon Oil
MRO | 50.11% | 43.87% | 🇺🇸 USA |
 Occidental Petroleum OXY | 14.27% | -59.03% | 🇺🇸 USA |
 Exxon Mobil XOM | 19.50% | -44.01% | 🇺🇸 USA |
 Chevron CVX | 21.29% | -38.87% | 🇺🇸 USA |
 Hess HES | 19.93% | -42.78% | 🇺🇸 USA |
 YPF
(Yacimientos Petrolíferos Fiscales)
YPF | 5.11% | -85.33% | 🇦🇷 Argentina |
 Petrobras PBR | 33.61% | -3.50% | 🇧🇷 Brazil |
 ENI E | 20.65% | -40.71% | 🇮🇹 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.