Quimica y Minera Chilena S.A. ADR (SQM) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q2 26	$2.04	$2.31	+13.2%	—	$2.5B	—
Q1 26	$1.56	$1.28	-17.9%	—	$1.8B	—
Q4 25	$0.8	$0.64	-20.0%	—	$1.3B	—
Q3 25	$0.64	$0.62	-3.1%	—	$1.2B	—
Q2 25	$0.54	$0.31	-42.6%	—	$1B	—
Q1 25	$0.61	$0.48	-21.3%	—	$1B	—
Q4 24	$0.54	$0.42	-22.2%	—	$1.1B	—
Q3 24	$0.65	$0.46	-29.2%	—	$1.1B	—
Q2 24	$0.95	$0.75	-21.1%	—	$1.3B	—
Q1 24	-$1	-$3.04	-204.0%	—	$1.1B	—
Q4 23	$1.06	$0.71	-33.0%	—	$1.3B	—
Q3 23	$2.06	$1.68	-18.4%	—	$1.8B	—
Q2 23	$2.53	$2.03	-19.8%	—	$2.1B	—
Q1 23	$3.05	$2.63	-13.8%	—	$2.3B	—
Q4 22	$3.73	$4.03	+8.0%	—	$3.1B	—
Q3 22	$3.38	$3.85	+13.9%	—	$3B	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$2.06	—	—	$4.6B	—
FY24	—	-$1.42	—	—	$4.5B	—
FY23	—	$7.05	—	—	$7.5B	—
FY22	—	$13.7	—	—	$10.7B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$1.9B	$2.2B	$2.3B	$1.9B	$1.8B	$2.9B	$10.7B	$7.5B	$4.5B	$4.6B
YoY change	+12.2%	+11.2%	+5.03%	-14.2%	-6.51%	+57.5%	+274.2%	-30.3%	-39.4%	+1.05%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	1.9B	2.2B	2.3B	1.9B	1.8B	2.9B	10.7B	7.5B	4.5B	4.6B
Cost of revenue	1.3B	1.4B	1.5B	1.4B	1.3B	1.8B	5B	4.4B	3.2B	3.2B
Gross profit	611M	762.5M	780.2M	560.1M	482.9M	1.1B	5.7B	3.1B	1.3B	1.4B
Gross margin	31.5%	35.3%	34.4%	28.8%	26.6%	38.1%	53.6%	41.2%	29.3%	29.6%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	47M	74.6M	63.1M	57.5M	116M	90.4M	79.2M	75M	133.2M	213.5M
Operating expenses	88.9M	88.4M	78.5M	70.8M	129M	103.6M	106M	137.1M	180.5M	274.4M
Operating income	478.7M	634.9M	633.5M	422.9M	292.6M	921.7M	5.6B	2.9B	1.1B	1.1B
Operating margin	24.7%	29.4%	28%	21.8%	16.1%	32.2%	51.9%	38.5%	23.4%	23.4%
Non-operating income, net	-12.5M	-4.6M	1.5M	6M	3.7M	—	—	—	—	-7.4M
Pretax income	414.9M	594.6M	621M	390.6M	238.5M	841.2M	5.5B	2.8B	974.4M	960.7M
Income tax	133M	166.2M	179M	110M	70.2M	249M	1.6B	787.3M	1.4B	320.1M
Net income	281.9M	428.4M	442.1M	280.6M	168.4M	592.2M	3.9B	2B	-397.6M	640.6M
Net margin	14.5%	19.9%	19.5%	14.4%	9.26%	20.7%	36.5%	27%	-8.78%	14%
EBITDA	467M	654.1M	648.9M	460.5M	304.3M	927.4M	5.6B	3B	1.2B	1.2B
EPS	1.05	1.61	1.66	1.05	0.62	2.05	13.7	7.05	-1.42	2.06
Diluted EPS	1.05	1.61	1.66	1.05	0.62	2.05	13.7	7.05	-1.42	2.06

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	1.8B	1.3B	1.1B	1.3B	1.1B	1.1B	1B	1B	1.2B	1.3B	1.8B	2.5B
Cost of revenue	1.1B	910.9M	716M	909.7M	796M	780M	731.9M	789.1M	827.2M	875.3M	981.5M	1.2B
Gross profit	753.6M	400.7M	368.5M	383.9M	280.8M	293.8M	304.7M	253.6M	345.8M	448.5M	778.6M	1.3B
Gross margin	41%	30.6%	34%	29.7%	26.1%	27.4%	29.4%	24.3%	29.5%	33.9%	44.2%	51%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	18.5M	30.8M	21.8M	30.9M	27.9M	57.3M	21.6M	62.1M	44.9M	61M	48.9M	52.4M
Operating expenses	22.1M	63.6M	25.2M	50.8M	55.4M	53.7M	37.9M	78M	58.1M	77.1M	48.9M	55.5M
Operating income	714.3M	318.3M	326M	306.8M	212M	210.1M	241.3M	173.5M	285.8M	368.8M	729.7M	1.2B
Operating margin	38.8%	24.3%	30.1%	23.7%	19.7%	19.6%	23.3%	16.6%	24.4%	27.9%	41.5%	48.9%
Non-operating income, net	—	—	—	—	—	—	—	-759K	2.2M	-9.6M	-16.1M	-11.9M
Pretax income	697.6M	273.8M	300.2M	287.2M	193.6M	193.5M	211.7M	147M	265.6M	336.4M	686.8M	1.2B
Income tax	216.1M	68M	1.2B	72.4M	59.9M	70.9M	73.4M	57.6M	85.6M	103.5M	283.9M	454.4M
Net income	481.6M	205.8M	-868.7M	214.8M	133.7M	122.6M	138.3M	89.4M	180M	232.9M	402.9M	719.2M
Net margin	26.2%	15.7%	-80.1%	16.6%	12.4%	11.4%	13.3%	8.57%	15.3%	17.6%	22.9%	29.1%
EBITDA	731.5M	357.8M	359M	331.6M	240.1M	242.9M	259.3M	190.4M	308.1M	411.3M	749.2M	1.2B
EPS	1.68	—	-3.04	0.75	0.46	—	0.48	0.31	0.62	—	1.28	2.31
Diluted EPS	1.68	—	-3.04	0.75	0.46	—	0.48	0.31	0.62	—	1.28	2.31

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	7.6B	15.7B	10.2B	7.1B	13B	14.4B	22.8B	17.2B	10.4B	19.7B	19.7B
Enterprise value	8B	16B	10.6B	7.8B	14.1B	14.6B	22.1B	19.3B	12.8B	21.7B	21.7B
Shares outstanding	265.1M	265.1M	265.1M	265.1M	265.1M	285.6M	285.6M	285.6M	285.6M	285.6M	285.6M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	26.9	36.7	23	25.2	77.3	24.3	5.83	8.52	—	30.7	30.7
P/S	3.92	7.3	4.48	3.64	7.16	5.03	2.13	2.3	2.29	4.29	4.29
P/B	3.29	7	4.75	3.31	6.02	4.48	4.62	3.09	2	2.44	2.44
EV/EBITDA	17.2	24.4	16.4	16.9	46.4	15.7	3.96	6.48	10.9	18.5	18.5
EV/Sales	4.13	7.4	4.7	4.01	7.77	5.1	2.06	2.59	2.82	4.73	4.73
Earnings yield	3.71%	2.72%	4.35%	3.97%	1.29%	4.11%	17.2%	11.7%	—	3.26%	3.26%
FCF yield	6.59%	3.91%	2.03%	1.46%	-1.08%	2.48%	13.9%	-7.45%	2.92%	2.23%	2.23%

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	31.5%	35.3%	34.4%	28.8%	26.6%	38.1%	53.6%	41.2%	29.3%	29.6%	29.6%
Operating margin	24.7%	29.4%	28%	21.8%	16.1%	32.2%	51.9%	38.5%	23.4%	23.4%	23.4%
Net margin	14.5%	19.9%	19.5%	14.4%	9.26%	20.7%	36.5%	27%	-8.78%	14%	14%
ROE	12.2%	19.1%	20.7%	13.1%	7.79%	18.4%	79.4%	36.3%	-7.65%	7.95%	7.95%
ROA	6.68%	9.97%	10.4%	5.99%	3.49%	8.25%	36.2%	17.3%	-3.46%	4.42%	4.42%
ROIC	11.9%	18.6%	17.2%	10.7%	6.33%	19.1%	93.6%	26.9%	0%	7.09%	7.09%
Return on tangible assets	7.19%	10.2%	10.6%	6.16%	3.6%	8.4%	36.4%	17.3%	-3.48%	6.63%	6.63%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	4.02	3.3	4.32	3.45	5.4	4.62	2.29	2.5	2.51	3.27	3.27
Quick ratio	2.31	2.09	2.67	2.19	3.1	3.43	1.71	1.74	1.75	2.25	2.25
Debt / equity	0.53	0.54	0.62	0.84	0.9	0.81	0.59	0.81	0.93	0.59	0.59
Debt / assets	0.29	0.28	0.31	0.38	0.41	0.36	0.27	0.38	0.42	0.33	0.33
Net debt / EBITDA	0.9	0.33	0.75	1.56	3.61	0.2	-0.12	0.71	2.03	1.72	1.72
Interest coverage	8.35	13.2	12.2	6.46	3.8	11.3	61.9	23.4	6.18	6.35	6.35
Effective tax rate	32%	27.9%	28.8%	28.2%	29.4%	29.6%	28.7%	28%	100%	33.3%	33.3%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	7.32	8.14	8.55	7.33	6.85	10	37.5	26.1	15.9	16	16
EPS (basic)	1.05	1.61	1.66	1.05	0.62	2.05	13.7	7.05	-1.42	2.06	2.06
EPS (diluted)	1.05	1.61	1.66	1.05	0.62	2.05	13.7	7.05	-1.42	2.06	2.06
Book value per share	8.7	8.48	8.06	8.05	8.16	11.3	17.3	19.5	18.2	28.2	28.2
FCF per share	1.89	2.32	0.78	0.39	-0.53	1.25	11.1	-4.49	1.06	1.53	1.53
Cash per share	3.01	3.74	3.2	4.05	3.22	8.47	12.6	8.26	8.54	9.52	9.52
Capex per share	0.48	0.54	0.92	1.21	1.21	1.62	3.17	3.86	3.4	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	6.54%	6.58%	10.8%	16.5%	17.6%	16.2%	8.45%	14.8%	21.5%	—	—
Capex / operating cash flow	6.88%	—	—	—	—	—	—	—	—	—	—
Payout ratio	141.7%	87.3%	124.5%	117.5%	131.9%	96.5%	57.2%	72.8%	-16.9%	0.67%	0.67%
Dividend yield	5.26%	2.38%	5.42%	4.66%	1.71%	3.97%	9.82%	8.55%	0.65%	0.02%	0.02%

Yield

—

trailing twelve months

Frequency

Quarterly

Last dividend

$1.435

ex-dividend Sep 8, 2026

Payout ratio

of earnings

Dividend growth

0 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Sep 8, 2026	$1.435
May 8, 2026	$1.03
May 9, 2024	$0.2134

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$1.8B	$1.3B	$1.1B	$1.3B	$1.1B	$1.1B	$1B	$1B	$1.2B	$1.3B	$1.8B	$2.5B
YoY change	-37.8%	-58.1%	-52.1%	-37%	-41.5%	-18.1%	-4.42%	-19.4%	+8.93%	+23.3%	+69.8%	+136.7%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	798.8M	991.4M	847.9M	1.1B	854.6M	2.4B	3.6B	2.4B	2.4B	2.7B
Receivables	427.1M	471.5M	430.9M	367.6M	313.3M	590.3M	1B	784.4M	537.6M	586.1M
Inventory	993.1M	902.1M	913.7M	983.3M	1.1B	1.2B	1.8B	1.8B	1.7B	1.8B
Total current assets	2.3B	2.5B	2.4B	2.7B	2.6B	4.6B	7B	5.9B	5.6B	5.8B
Property, plant & equipment	950.6M	925.4M	989.1M	1.1B	1.2B	1.4B	2.1B	2.9B	3.7B	4B
Goodwill & intangibles	294.8M	90.8M	82.4M	131M	140.7M	129.4M	52.9M	43.8M	71.6M	4.8B
Total assets	4.2B	4.3B	4.3B	4.7B	4.8B	7.2B	10.8B	11.7B	11.5B	14.5B
Accounts payable	200.2M	195.9M	163.4M	205.4M	203.3M	279.1M	358.7M	441.8M	448.2M	371.9M
Short-term debt	160.2M	177.1M	15.4M	288.5M	42.4M	48.4M	486.6M	1.2B	1.2B	458.7M
Total current liabilities	580.3M	748M	555.7M	776.8M	475.9M	991.7M	3.1B	2.4B	2.2B	1.8B
Long-term debt	1.1B	1B	1.3B	1.5B	1.9B	2.6B	2.4B	3.3B	3.6B	4.3B
Total liabilities	1.9B	2B	2.1B	2.5B	2.7B	4B	5.9B	6.1B	6.3B	6.5B
Shareholders' equity	2.3B	2.2B	2.1B	2.1B	2.2B	3.2B	4.9B	5.6B	5.2B	8.1B
Total debt	1.2B	1.2B	1.3B	1.8B	2B	2.6B	2.9B	4.5B	4.8B	4.7B
Net debt	705.3M	578.1M	777.7M	1.2B	1.4B	1.1B	255.4M	3.5B	3.4B	3B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	2.7B	2.4B	2.3B	2.1B	2.6B	2.4B	2.4B	2.2B	2.4B	2.7B	3.9B	4.4B
Receivables	905M	784.4M	794.4M	603.5M	542.7M	537.6M	563.2M	572.2M	577.3M	586.1M	826.1M	1.1B
Inventory	1.9B	1.8B	1.8B	1.7B	1.7B	1.7B	1.8B	1.9B	1.8B	1.8B	1.9B	1.9B
Total current assets	6.2B	5.9B	5.6B	5.2B	5.6B	5.6B	5.6B	5.5B	5.5B	5.8B	7B	7.7B
Property, plant & equipment	2.7B	2.9B	3B	3.3B	3.5B	3.7B	3.6B	3.7B	3.9B	4B	—	4B
Goodwill & intangibles	46.6M	43.8M	41.6M	60.4M	60.4M	71.6M	67.5M	62.9M	60.6M	4.8B	—	4.8B
Total assets	11B	11.7B	10.6B	10.8B	11.3B	11.5B	11.5B	11.5B	11.7B	14.5B	15.8B	16.6B
Accounts payable	358.2M	441.8M	321.5M	350.3M	374.4M	448.2M	376.6M	358.6M	359.6M	371.9M	—	376.4M
Short-term debt	1.2B	1.2B	1.5B	1.5B	1B	1.2B	910.8M	910.1M	901.5M	458.7M	324.4M	425.7M
Total current liabilities	2.7B	2.4B	2.4B	2.4B	1.9B	2.2B	1.9B	1.9B	2B	1.8B	2.5B	2.9B
Long-term debt	2.5B	3.3B	3B	3B	3.8B	3.6B	3.8B	3.8B	3.8B	4.3B	4.8B	4.8B
Total liabilities	5.7B	6.1B	5.9B	5.8B	6.2B	6.3B	6.2B	6.1B	6.2B	6.5B	7.6B	8B
Shareholders' equity	5.3B	5.6B	4.7B	5B	5.1B	5.2B	5.3B	5.4B	5.5B	8.1B	8.2B	8.7B
Total debt	3.7B	4.5B	4.5B	4.5B	4.9B	4.8B	4.7B	4.7B	4.7B	4.7B	5.1B	5.2B
Net debt	2.5B	3.5B	3.1B	3.5B	3.3B	3.4B	3.1B	3.2B	3.2B	3B	2.3B	1.8B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	1.9B	—	—	—	—	—	—	—	—	—
Depreciation & amortization	—	—	—	—	—	—	—	—	—	—
Stock-based compensation	—	—	—	—	—	—	—	—	—	—
Change in working capital	—	—	—	—	—	—	—	—	—	—
Operating cash flow	1.8B	—	—	—	—	—	—	—	—	—
Capital expenditure	-126.9M	-141.9M	-244.6M	-320.8M	-320.6M	-464M	-905.1M	-1.1B	-971.8M	—
Investing cash flow	161.2M	-256.8M	-126.5M	-512.5M	-159.7M	-1B	-925.2M	-1.5B	-1.2B	104.6M
Dividends paid	-399.4M	-373.9M	-550.4M	-329.8M	-222M	-571.7M	-2.2B	-1.5B	-67.2M	-4.3M
Share repurchases	—	—	—	—	—	—	—	—	—	—
Financing cash flow	-816.4M	-411.9M	-387.3M	113.1M	-86.1M	1.2B	-2B	82.2M	304.7M	-147M
Net change in cash	1.2B	-668.7M	-513.8M	-399.4M	-245.8M	171.6M	-2.9B	-1.4B	-917.7M	-42.4M
Free cash flow	500.3M	616.1M	205.8M	103.2M	-140.6M	357.8M	3.2B	-1.3B	302.9M	437.7M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q1 23	Q2 23	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25
Net income	—	—	—	—	—	—	—	—	—	—	—	—
Depreciation & amortization	—	—	—	—	—	—	—	—	—	—	—	—
Stock-based compensation	—	—	—	—	—	—	—	—	—	—	—	—
Change in working capital	—	—	—	—	—	—	—	—	—	—	—	—
Operating cash flow	—	—	—	—	—	—	—	—	—	—	—	—
Capital expenditure	-246.3M	-274.5M	-281.1M	-301.6M	-173.6M	-224.2M	-220.5M	-353.5M	-177.8M	—	—	—
Investing cash flow	-32.8M	-94M	-1.3B	-42.2M	151.9M	-822.3M	-91.2M	-103.9M	189.9M	37.4M	-234.8M	-48.2M
Dividends paid	—	—	-225.9M	-318.8M	-607K	-65.4M	-607K	-607K	-4.1M	-611K	-612K	1M
Share repurchases	—	—	—	—	—	—	—	—	—	—	—	—
Financing cash flow	27.9M	455M	44.4M	481.2M	-7.7M	-15.4M	341.6M	-14.6M	-112.1M	6M	-14.4M	-7.4M
Net change in cash	-4.8M	361M	-1.3B	439M	144.3M	-837.6M	250.4M	-118.5M	77.8M	43.4M	-249.2M	-55.6M
Free cash flow	-865.2M	333.5M	138.8M	-889.1M	-23M	334.5M	46.8M	-55.4M	38.1M	-104.9M	187.9M	316.6M

Date	Ratio
Apr 27, 2016	1027:1000
Mar 31, 2008	10:1

Quimica y Minera Chilena S.A. ADR Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement

Split history