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.

Ticker
SQM
Exchange
NYSE
Sector
Basic Materials
Industry
Specialty Chemicals
Market cap
$16.43B
52-week range
$46.15 - $98.00

Valuation

Share price
$57.52 (close of Nov 6, 2026)
P/E (TTM)
11.83x
Price to book
1.89x
Price to free cash flow
37.54x
Enterprise value
$18.27B
Book value per share
$30.38

Price performance

PeriodChange
1 day+2.06%
5 days+5.25%
1 month-13.07%
3 months-20.61%
6 months-38.45%
Year to date-16.40%
1 year+24.31%
3 years+19.93%
5 years-11.04%
10 years+100.00%
All time+2,194.10%

Short interest

As of
Oct 15, 2026
Short % of float
2.52%
Shares short
3.59M
Days to cover
3.98
Change since prior report
+4.33%
Source
FINRA consolidated short interest

Profitability and growth

Return on equity
7.30%
Return on invested capital
5.81%
Return on assets
4.05%
Return on capital employed
8.35%
Gross margin
29.56%
Net margin
12.85%
EBITDA margin
32.46%
Revenue growth
1.05%
Net income growth
-14.16%
Free cash flow growth
44.51%

Cash flow and balance sheet

Free cash flow yield (TTM)
2.66%
Current ratio
2.61x
Net debt to EBITDA
2.60x

Latest reported year

Period end
Dec 31, 2025
Fiscal year
2025
Revenue
$4.58B
Cost of revenue
$3.22B
Gross profit
$1.35B
EBITDA
$1.49B
Net income
$588.14M
Earnings per share
$2.06
Interest expense
$192.67M
Shares outstanding
285.64M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2025-12-31$4.58B$1.35B$588.14M$2.06
2024-12-31$4.53B$1.33B$685.12M$2.40
2023-12-31$7.47B$3.08B$923.19M$3.23
2022-12-31$10.71B$5.74B$3.91B$13.68
2021-12-31$2.86B$1.09B$585.45M$2.10
2020-12-31$1.82B$482.87M$164.52M$0.63
2019-12-31$1.94B$560.05M$278.12M$1.67
2018-12-31$2.27B$780.17M$439.83M$1.67
2017-12-31$2.16B$762.50M$427.70M$1.63
2016-12-31$1.94B$611.04M$278.29M$1.06

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-12-3129.56%12.85%7.30%5.81%
2024-12-3129.30%15.13%13.18%7.82%
2023-12-3141.18%12.36%20.62%15.86%
2022-12-3153.56%36.47%79.20%50.48%
2021-12-3138.08%20.45%18.20%20.74%
2020-12-3126.57%9.05%7.61%10.59%
2019-12-3128.81%14.31%13.03%14.48%
2018-12-3134.43%19.41%20.57%22.10%
2017-12-3135.34%19.83%19.03%13.10%
2016-12-3131.51%14.35%12.06%29.04%

Cash and debt by year

Period endCashDebt
2025-12-31$1.75B-
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$1.04B
2016-12-31$514.67M-$1.06B

Free cash flow by year

Period endFree cash flow
2025-12-31$437.69M
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

Dividend history

Most recent payment
Sep 8, 2026
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
Nov 17, 2026
Consensus EPS estimate
$2.02

Past earnings dates

ReportedFiscal periodEPS estimate
2026-08-18Jun 2026$2.03
2026-05-26Mar 2026$1.78
2026-02-27Dec 2025$0.75
2025-11-18Sep 2025$0.68
2025-08-20Jun 2025$0.52
2025-05-28Mar 2025$0.63
2025-03-04Dec 2024$0.52
2024-11-20Sep 2024$0.64

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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