Ecopetrol S.A Operating Margin 2010-2025 | EC
- Ecopetrol S.A average operating margin for 2024 was 28.87%, a 17.68% decline from 2023.
- Ecopetrol S.A average operating margin for 2023 was 35.07%, a 1.21% decline from 2022.
- Ecopetrol S.A average operating margin for 2022 was 34.65%, a 65.55% increase from 2021.
Operating margin can be defined as operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc.