• Ecopetrol S.A average return on equity for 2023 was 64.95, a 23.43% decline from 2022.
• Ecopetrol S.A average return on equity for 2022 was 52.62, a 164.02% increase from 2021.
• Ecopetrol S.A average return on equity for 2021 was 19.93, a 52.38% increase from 2020.

Roe - return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.