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EcopetrolEC +1.84%65 Earnings Yield (Joel Greenblatt) % is 24.51% as of Mar. 2026, which is 64% above its 10-year median of 14.95. GuruFocus rates EC with a GF Score™ of 65/100 and a GF Value™ of $10.13 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,033 Oil & Gas companies, Ecopetrol ranks better than 79.19% on this metric.
Ecopetrol's Enterprise Value for the quarter that ended in Mar. 2026 was $30,817 Mil.
Ecopetrol's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $7,388 Mil. Ecopetrol's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 24.51%.
The historical rank and industry rank for Ecopetrol's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
EC'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -3.08 Med: 14.95 Max: 59.09
Current: 12.18
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Ecopetrol was 59.09%. The lowest was -3.08%. And the median was 14.95%.
EC's Earnings Yield (Joel Greenblatt) % is ranked better than 79.19% of 1033
companies
in the Oil & Gas industry
Industry Median: 4.84
vs EC: 12.18
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. Ecopetrol's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 14.38%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.
Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.
Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.
Be Aware
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
Ecopetrol Earnings Yield (Joel Greenblatt) % Related Terms
Ecopetrol Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for Ecopetrol's Earnings Yield (Joel Greenblatt) % 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.
EC vs XOM, CVX: Earnings Yield (Joel Greenblatt) % Comparison
For the Oil & Gas Integrated subindustry, Ecopetrol's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % 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 Earnings Yield (Joel Greenblatt) % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Ecopetrol's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Ecopetrol's Earnings Yield (Joel Greenblatt) % falls into.
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
Ecopetrols Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Ecopetrol's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $7,388 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 24.51% mean?
Ecopetrol (EC) has a Earnings Yield (Joel Greenblatt) % of 24.51% as of Mar. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Ecopetrol and its competitors. This is 64% above median its historical median of 14.95. According to the industry distribution chart, Ecopetrol ranks #215 out of 1033 companies in the Oil & Gas industry, placing it in the top 20.8%.
Is Ecopetrol's Earnings Yield (Joel Greenblatt) % too high?
Ecopetrol's current Earnings Yield (Joel Greenblatt) % of 24.51% is 64% above median its 10-year median of 14.95. The Oil & Gas industry median Earnings Yield (Joel Greenblatt) % is 4.84. Ecopetrol's value of 24.51% is 406.4% above this industry median. Based on the distribution chart, Ecopetrol ranks #215 out of 1033 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Ecopetrol has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ecopetrol's Earnings Yield (Joel Greenblatt) % compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, Ecopetrol ranks #215 out of 1033 companies for Earnings Yield (Joel Greenblatt) %. This places Ecopetrol in the top 21% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 4.84. Ecopetrol's value of 24.51% is 406.4% above this benchmark. While the company's 10-year median is 14.95 vs. the industry median of 4.84, Ecopetrol has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings Yield (Joel Greenblatt) % for an Oil & Gas company?
The median Earnings Yield (Joel Greenblatt) % among Oil & Gas companies is 4.84, based on 1,033 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ecopetrol's current Earnings Yield (Joel Greenblatt) % of 24.51% is 406.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Ecopetrol and its competitors. For the Oil & Gas industry, the median Earnings Yield (Joel Greenblatt) % is 4.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ecopetrol's current Earnings Yield (Joel Greenblatt) % is 24.51%, which is 64% above median its own 10-year median of 14.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ecopetrol stock overvalued right now?
Based on GuruFocus' analysis, Ecopetrol (EC) is currently considered Significantly Overvalued. The stock's GF Value™ is $10.13, compared to a current price of $16.09 — trading 58.8% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 24.51%, which is 64% above median its 10-year median of 14.95 and 406.4% above the Oil & Gas industry median of 4.84. Ecopetrol's overall GF Score™ is 65/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For Ecopetrol (EC), the current Earnings Yield (Joel Greenblatt) % is 24.51% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Ecopetrol (EC) Overvalued in 2026?
Based on GuruFocus' analysis, Ecopetrol stock appears to be overvalued.
The current stock price of $16.09 is trading 58.8% above its estimated GF Value™ of $10.13.
GuruFocus considers Ecopetrol to be Significantly Overvalued.
Key valuation signals for EC:
Earnings Yield (Joel Greenblatt) %: 24.51% (64% above median its 10-year median of 14.95)
GF Value™: $10.13 vs. price of $16.09 (58.8% above fair value)
Industry Position: 406.4% above the Oil & Gas median (#215 of 1033)
No single metric tells the full story. See the EC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ecopetrol SA is engaged in commercial and industrial activities related to the exploration, exploitation, refining, transportation, storage, distribution, and marketing of hydrocarbons, their derivatives, and products, as well as the electric power transmission services, design, development, construction, operation, and maintenance of road and energy infrastructure projects and the provision of information technology and telecommunications services. The operations of the company are performed through four business segments: Exploration and Production, Transport and Logistics, Refining and Petrochemical, and Electric Power Transmission and Toll Roads Concessions. The majority of the company's revenue is generated from the Exploration and Production segment.
65GF Score
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