Ecopetrol S.A Gross Margin 2010-2024 | EC

Ecopetrol S.A gross margin for the quarter ending June 30, 2024 was 38.28%.

  • Ecopetrol S.A average gross margin for 2023 was 42.15%, a 1.86% decline from 2022.
  • Ecopetrol S.A average gross margin for 2022 was 41.38%, a 34.79% increase from 2021.
  • Ecopetrol S.A average gross margin for 2021 was 30.7%, a 7.78% increase from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.

Ecopetrol S.A Gross Margin 2010-2024 | EC

  • Ecopetrol S.A average gross margin for 2023 was 42.15%, a 1.86% decline from 2022.
  • Ecopetrol S.A average gross margin for 2022 was 41.38%, a 34.79% increase from 2021.
  • Ecopetrol S.A average gross margin for 2021 was 30.7%, a 7.78% increase from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.