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Ecopetrol (Ecopetrol) Pre-Tax Income : $6,464 Mil (TTM As of Dec. 2023)


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What is Ecopetrol Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Ecopetrol's pretax income for the three months ended in Dec. 2023 was $1,081 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was $6,464 Mil. Ecopetrol's pretax margin was 12.44%.

During the past 13 years, Ecopetrol's highest Pretax Margin was 33.93%. The lowest was -10.66%. And the median was 25.19%.


Ecopetrol Pre-Tax Income Historical Data

The historical data trend for Ecopetrol's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ecopetrol Pre-Tax Income Chart

Ecopetrol Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,617.87 1,340.23 6,705.02 11,356.59 9,212.46

Ecopetrol Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3,516.17 2,184.48 2,597.72 2,785.53 1,080.97

Competitive Comparison of Ecopetrol's Pre-Tax Income

For the Oil & Gas Integrated subindustry, Ecopetrol's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ecopetrol's Pre-Tax Income Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Ecopetrol's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Ecopetrol's Pre-Tax Income falls into.



Ecopetrol Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Ecopetrol's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=11114.774+132.59+-2277.157+470.484+-228.23
=9,212

Ecopetrol's Pretax Income for the quarter that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=2038.551+-435.354+-577.195+126.407+-71.439
=1,081

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $6,464 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Ecopetrol  (NYSE:EC) Pre-Tax Income Explanation

Ecopetrol's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pretax Income/Revenue
=1080.97/8687.987
=12.44%

During the past 13 years, Ecopetrol's highest Pretax Margin was 33.93%. The lowest was -10.66%. And the median was 25.19%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Ecopetrol Pre-Tax Income Related Terms

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Ecopetrol (Ecopetrol) Business Description

Address
Carrera 13 No. 36 - 24, Main Building, Bogota, COL
Ecopetrol SA is a vertically integrated oil company with operations in Latin America and the United States Gulf Coast. Based out of Colombia, the company explores, develops, and conducts production activities in various countries. Ecopetrol works as the primary operator or partner in a joint venture, in a host of assets held onshore and offshore. Along with production, the company refines and markets crude oils and byproducts produced from its fields. Crude products are moved by Ecopetrol through a series of pipelines throughout Colombia, along with a network of third-party production centers and facilities.