EC | Ecopetrol S.A. Stock Financials Income Statements Annual

(Stock Exchange: NYSE)

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Financial Year End	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31
Revenue	123.12T	159.47T	91.74T	50.03T	70.85T	67.82T	55.95T	48.49T	52.35T	68.93T	70.43T	68.85T	65.75T	41.97T	30.40T	33.90T	22.33T	18.39T	15.51T
Cost of Revenue	91.35T	89.46T	55.58T	37.55T	44.96T	41.17T	36.91T	34.25T	36.99T	45.05T	42.55T	40.54T	36.67T	25.96T	19.91T	19.02T	12.06T	12.76T	10.10T
Gross Profit	31.77T	70.02T	36.16T	12.47T	25.89T	26.65T	19.05T	14.23T	15.35T	23.87T	27.87T	28.32T	29.09T	16.01T	10.50T	14.87T	10.27T	5.63T	5.42T
Operating Expenses	8.81T	9.63T	6.57T	4.84T	3.73T	4.59T	4.54T	4.33T	5.57T	7.54T	6.12T	5.87T	3.40T	3.13T	2.62T	2.22T	1.34T	997.57B	918.98B
Selling, General & Admin	8.03T	8.12T	5.61T	4.15T	2.96T	3.21T	1.66T	1.49T	1.19T	2.98T	2.40T	5.06T	460.88B	3.13T	2.62T	2.22T	1.34T	997.57B	918.98B
Research & Development	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Other Operating Expenses	-782.33B	1.51T	960.00B	689.00B	763.00B	2.42T	2.88T	2.84T	4.37T	4.56T	3.72T	809.43B	2.94T	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	22.96T	60.38T	29.59T	7.63T	22.16T	22.06T	16.17T	9.90T	9.79T	16.33T	21.76T	22.45T	25.69T	12.88T	7.87T	12.66T	8.93T	4.64T	4.50T
Other Expenses / Income	13.03T	-6.07T	-3.27T	-2.39T	-1.32T	527.00B	-2.40T	-2.11T	-15.36T	-909.47B	126.77B	-116.70B	-2.05T	-1.39T	-622.50B	3.36T	-1.87T	255.31B	-210.06B
Before Tax Income	35.98T	54.31T	26.32T	5.24T	20.85T	20.20T	13.77T	7.79T	-5.58T	15.42T	21.88T	22.33T	23.64T	11.49T	7.25T	16.01T	7.07T	4.89T	4.29T
Income Tax Expenses	13.48T	17.25T	7.60T	1.87T	5.07T	7.42T	5.80T	4.54T	710.35B	7.14T	8.09T	7.13T	7.96T	3.24T	2.11T	4.38T	1.89T	1.50T	1.03T
Net Income	21.06T	31.60T	15.65T	3.37T	13.74T	11.81T	7.18T	2.45T	-7.19T	7.51T	13.11T	14.78T	15.45T	8.15T	5.13T	11.63T	5.18T	3.39T	3.25T
Interest Expenses	9.12T	4.55T	2.83T	2.08T	1.42T	2.02T	3.14T	3.35T	2.40T	817.55B	592.64B	581.60B	415.22B	145.91B	138.80B	19.38B	N/A	N/A	N/A
Basic Shares Outstanding	2.06B	2.06B	2.06B	2.06B	2.06B	2.06B	2.06B	2.06B	2.06B	2.06B	2.06B	2.06B	2.06B	2.02B	2.02B	2.02B	1.54B	849.00M	849.00M
Diluted Shares Outstanding	2.06B	2.06B	2.06B	2.06B	2.06B	2.06B	2.06B	2.06B	2.06B	2.06B	2.06B	2.06B	2.06B	2.02B	2.02B	2.02B	1.54B	849.00M	849.00M
EBITDA	37.25T	71.12T	38.98T	16.29T	30.79T	29.54T	16.27T	10.56T	-3.92T	21.95T	26.98T	27.50T	26.08T	13.34T	10.78T	17.68T	7.07T	4.89T	4.29T
EBITDA Margin	30.25%	44.60%	42.49%	32.56%	43.46%	43.55%	29.07%	21.78%	-7.48%	31.84%	38.31%	39.94%	39.66%	31.80%	35.45%	52.16%	31.64%	26.60%	27.64%
EBIT	43.66T	53.41T	26.08T	7.33T	20.23T	21.24T	16.12T	10.34T	-4.09T	15.46T	21.79T	22.49T	23.82T	11.53T	7.38T	16.03T	7.07T	4.89T	4.29T
EBIT Margin	35.46%	33.49%	28.42%	14.64%	28.55%	31.32%	28.81%	21.32%	-7.81%	22.43%	30.94%	32.67%	36.23%	27.48%	24.29%	47.29%	31.64%	26.60%	27.64%
Financial Year End	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31