Chemical & Mining Co of Chile Inc (SQM)

Sociedad Química y Minera de Chile S.A. produces and sells specialty plant nutrients, and iodine and its derivatives in Chile, Latin America, the Caribbean, Europe, North America, Asia, and internationally. It offers potassium nitrate, sodium nitrate, specialty blends, and other specialty fertilizers under the Ultrasol, Qrop, Speedfol, Allganic, Ultrasoline, Prop, and Prohydric brands. The company also provides iodine and its derivatives for use in medical, agricultural, industrial, and human and animal nutrition products comprising x-ray contrast media, biocides, antiseptics and disinfectants, pharmaceutical intermediates, polarizing films for LCD and LED screens, chemicals, organic compounds, and pigments, as well as added to edible salt to prevent iodine deficiency disorders. In addition, it produces lithium carbonate and lithium hydroxide which are used in the production of cathode material for, secondary batteries; lithium chloride; and basic lithium chemicals and lithium derivatives used in lubricating greases for heat-resistant glass, chips for the ceramic and glazing industry, and air conditioning chemicals, as well as other pharmaceutical syntheses and metal alloys. Further, the company produces potassium sulfate; and potassium chloride which are used to nourish various crops. Additionally, it produces and markets industrial chemicals, such as sodium nitrate mainly used in the production of glass and explosives, metal processing and recycling, and production of insulating materials and adhesives; potassium nitrate used as a raw material to produce frits and special ty glass, as well as in the enamel, metal treatment, and pyrotechnic sectors; solar salts used as a thermal storage medium in solar power generation plants; and potassium chloride as an additive in oil drilling and food processing sectors, as well as sells third-party fertilizers. Sociedad Química y Minera de Chile S.A. was founded in 1926 and is headquartered in Santiago, Chile.

Symbol
SQM
Exchange
NYSE
Sector
Basic Materials
Industry
Specialty Chemicals
Market cap
$10.02B
52 week range
40.58 - 98

Valuation

Share price
$69.08 (close of 2026-09-23)
P/E (TTM)
14.63x
Price to book
1.93x
Price to free cash flow
33.10x
Enterprise value
$13.47B
Book value per share
$36.40

Price performance

PeriodChange
1 day-0.65%
5 days-0.30%
1 month-15.71%
3 months-9.70%
6 months-8.37%
Year to date+0.41%
1 year+59.83%
3 years+21.66%
5 years+23.65%
10 years+175.00%
All time+2652.20%

Profitability and growth

Return on equity
13.18%
Return on invested capital
9.07%
Return on assets
5.96%
Return on capital employed
11.49%
Gross margin
29.30%
Net margin
15.13%
EBITDA margin
31.10%
Revenue growth
-39.35%
Net income growth
-25.79%
Free cash flow growth
123.29%

Cash flow and balance sheet

Free cash flow yield (TTM)
3.02%
Current ratio
2.51x
Net debt to EBITDA
2.95x

Latest reported year

Period end
2024-12-31
Fiscal year
2024
Revenue
$4.53B
Cost of revenue
$3.20B
Gross profit
$1.33B
EBITDA
$1.41B
Net income
$685.12M
Earnings per share
$4.80
Interest expense
$197.54M
Shares outstanding
142.82M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2024-12-31$4.53B$1.33B$685.12M$4.80
2023-12-31$7.47B$3.08B$923.19M$6.46
2022-12-31$10.71B$5.74B$3.91B$27.35
2021-12-31$2.86B$1.09B$585.45M$4.21
2020-12-31$1.82B$482.87M$164.52M$1.25
2019-12-31$1.94B$560.05M$278.12M$3.34
2018-12-31$2.27B$780.17M$439.83M$3.34
2017-12-31$2.16B$762.50M$427.70M$3.25
2016-12-31$1.94B$611.04M$278.29M$2.11
2015-12-31$1.73B$542.75M$220.36M$1.68

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2024-12-3129.30%15.13%13.18%9.07%
2023-12-3141.18%12.36%20.62%17.94%
2022-12-3153.56%36.47%79.20%76.32%
2021-12-3138.08%20.45%18.20%38.64%
2020-12-3126.57%9.05%7.61%13.79%
2019-12-3128.81%14.31%13.03%19.66%
2018-12-3134.43%19.41%20.57%29.54%
2017-12-3135.34%19.83%19.03%25.38%
2016-12-3131.51%14.35%12.06%55.14%
2015-12-3131.40%12.75%9.18%15.21%

Cash and debt by year

Period endCashDebt
2024-12-31$1.38B-
2023-12-31$1.04B-
2022-12-31$2.66B-
2021-12-31$1.52B-
2020-12-31$509.10M-
2019-12-31$588.53M$69.14M
2018-12-31$556.07M$68.87M
2017-12-31$630.44M-
2016-12-31$514.67M$-1.06B
2015-12-31$527.26M-

Free cash flow by year

Period endFree cash flow
2024-12-31$302.89M
2023-12-31$-1.30B
2022-12-31$3.17B
2021-12-31$357.80M
2020-12-31$-140.01M
2019-12-31$105.65M
2018-12-31$280.15M
2017-12-31$616.13M
2016-12-31$502.41M
2015-12-31$316.00M

Dividend history

Most recent payment
2026-09-08
Paid in the last twelve months
$2.46
Payment dateDividend per share
2026-09-08$1.44
2026-05-08$1.03
2024-05-09$0.21
2023-12-06$0.50
2023-11-02$0.61
2023-07-13$0.79
2023-05-11$3.22
2022-12-08$3.08

Investor relations

Next earnings report

Next confirmed report
2026-11-17
Consensus EPS estimate
$2.09

Past earnings dates

ReportedFiscal periodEPS estimate
2026-08-18Jun/2026$2.03
2026-05-26--
2026-02-27--
2025-11-18--
2025-08-20--
2025-05-28--
2025-03-04--
2024-11-20--

Filings and sources

Company website
sqm.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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