• Ecopetrol S.A average return on assets for 2023 was 18.22, a 6.56% decline from 2022.
• Ecopetrol S.A average return on assets for 2022 was 19.5, a 110.81% decline from 2021.
• Ecopetrol S.A average return on assets for 2021 was 9.25, a 17.78% increase from 2020.

Roa - return on assets can be defined as an indicator of how profitable a company is relative to its total assets. Calculated by dividing a company's operating earnings by its total assets.