Ecopetrol S.A.

ECNYSEEnergy● Active

$15.15

$-0.49(-3.13%)

Market Cap$31.1B

P/E Ratio—

52W High$16.45

52W Low$8.27

Avg Volume3.4M

Open$15.52

Beta-0.03

Overview

Ecopetrol S.A. (EC) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

EC · free cash flow · updated Jun 8, 2026

Core FCF metrics

EC · FCF · TTM · margin & CAGR

Free cash flow was $16.19T for FY2025 (fiscal year ending 2025-12-31), down 50.2% year-over-year The FCF margin was 14.5%. Five-year CAGR stands at +50.4%.

FY2025 Free Cash Flow$16.19T▼ -50.2% YoY

Trailing 12M (TTM)$16.85Ttrailing 4 quarters sum

FCF Margin14.5%$16.19T ÷ revenue

3-Year CAGR-15.3%FY2022 → FY2025

5-Year CAGR+50.4%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

EC · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$25.30T(9102.46B)$16.19T▼ 50.2%14.5%

FY2024$42.83T(10283.10B)$32.54T▲ +464.0%24.4%

FY2023$14.42T(8651.38B)$5.77T▼ 78.4%4.0%

FY2022$36.28T(9586.99B)$26.69T▲ +82.5%16.7%

FY2021$21.22T(6598.31B)$14.62T▲ +595.6%15.9%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

EC · P/FCF · FCF yield · FCF per share

Ecopetrol S.A. (EC) trades at a FCF yield of 15.07% and a price-to-free-cash-flow ratio of 0.0x. FCF per share stands at $8209.01, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

15.07%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$8209.01

TTM FCF ÷ Shares Outstanding

Price / FCF

x0.0

Share Price ÷ FCF per Share

EV / FCF (TTM)

x12.3

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

EC · cash flow statement · operating / investing / financing

For FY2025, Ecopetrol S.A. generated $25.30T in operating cash flow and spent 9102.46B in capital expenditures, yielding $16.19T in free cash flow.

Operating Activities

+$25.30T

Cash from core business operations

2025-12-31

Investing Activities

−$18.56T

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$8.54T

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($25.30T) − |CapEx| (9102.46B) = FCF ($16.19T)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Energy)

EC vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Ecopetrol S.A.YOU

$16.19T-50.2%14.5%

100%

Exxon Mobil Corporation

Energy · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Ecopetrol S.A. (EC) reported free cash flow of $16.19T for FY2025 (fiscal year ending 2025-12-31), down 50.2% year-over-year. The FCF margin was 14.5%.

Based on available data, Ecopetrol S.A. has maintained positive free cash flow for at least 14 fiscal year(s). FCF peaked at $32.54T in FY2024. The 5-year CAGR stands at +50.4%.

Ecopetrol S.A.'s FCF yield is 15.07% and price-to-FCF ratio is 0.0x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

EC free cash flow · 8 questions

Ecopetrol S.A. free cash flow was $16.19T for FY2025, down 50.2% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $16.85T.

EC free cash flowEC FCFEC FCF 2025EC free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Ecopetrol S.A. · Ecopetrol S.A. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026