SQMNYSEMining & Quarrying of Nonmetallic Minerals (No Fuels)Fiscal year ends December 31
CHEMICAL & MINING CO OF CHILE INC
Financials through fiscal 2024, year ended Dec 31, 2024Last filing: 20-F on Apr 22, 2026
$60.13−0.07 (-0.12%)
Close on Oct 19, 2026
- Market cap
- –
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2014 to 2024
Gross margin
29.3%+0.5 pts over 5 years
Operating margin
23.5%+1.2 pts over 5 years
Net margin
15.1%+0.8 pts over 5 years
Growth rates
Compound annual growth to fiscal 2024
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -39.4% | +16.5% | +18.4% | – | |
| Gross profit | -56.8% | +6.8% | +18.8% | – | |
| Operating income | -62.5% | +4.8% | +19.7% | – | |
| Net income | -25.8% | +5.4% | +19.8% | – | |
| Free cash flow | – | -5.4% | +23.4% | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2015 | FY2019 | FY2024 | Trend |
|---|---|---|---|---|
| Return on equity | – | 13.3% | 14.3% | |
| Return on assets | – | 6.2% | 6.2% | |
| Current ratio | – | 3.45 | 2.51 | |
| Debt to equity | – | 0.03 | – | |
| Net debt to EBITDA | – | -0.82× | – | |
| Interest coverage | 5.3× | 5.6× | 5.4× | |
| Inventory turnover | – | 1.5× | 1.8× | |
| Capex to revenue | 6.4% | 16.5% | 21.5% | |
| Diluted shares | 263M | 263.20B | 286M |
Where the cash went
Fiscal 2020 to 2024, five years combined
Chemical & Mining Co Of Chile generated $6.55B from operations and spent $8.34B on capital expenditure, dividends and share buybacks. 45% of that went back into the business.
Generated
$6.55B
Used
$8.34B
Capital expenditure$3.77B45%Dividends$4.57B55%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin15.1%
×Asset turnover0.41×
×Equity multiplier2.32×
=Return on equity, FY202414.3%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2024 | 15.1% | 0.41× | 2.32× | 14.3% |
| FY2023 | 12.4% | 0.69× | 2.31× | 19.8% |
| FY2022 | 36.5% | 1.19× | 2.23× | 96.7% |
| FY2021 | 20.5% | 0.48× | 2.26× | 22.1% |
| FY2020 | 9.1% | 0.38× | 2.26× | 7.8% |
| FY2019 | 14.3% | 0.43× | 2.15× | 13.3% |
| FY2018 | 19.4% | 0.53× | 2.00× | 20.6% |
| FY2017 | 19.8% | 0.51× | 1.92× | 19.3% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2024 against fiscal 2023
5of 8 tests passed in fiscal 2024. Some tests lack the figures they need.
- ProfitableNet income above zero$685.12M
- Cash generatingOperating cash flow above zero$1.27B
- Return on assets improvedROA up on the prior year8.5% → 6.4%
- Earnings backed by cashOperating cash flow above net income$1.27B vs $685.12M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose2.33 → 2.51
- No dilutionShare count did not rise286M → 286M
- Gross margin improvedGross margin up on the prior year41.18% → 29.30%
- More efficientAsset turnover rose0.69 → 0.42