Reading the annual reports…
First time this company is opened: we are analysing its official reports. This can take up to a minute; after that the page loads instantly.
First time this company is opened: we are analysing its official reports. This can take up to a minute; after that the page loads instantly.
SQM · NYSE · United States · Mining & Quarrying Of Nonmetallic Minerals (No Fuels)
In shortCHEMICAL & MINING CO OF CHILE INC is profitable, generates cash and carries moderate debt, with revenue shrinking (−39.4% last year).
Financial health
Mixed
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 23.5% | 95/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 15.1% | 81/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 14.3% | 71/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 6.5% | 44/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 2.51× | 100/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 1.24× | 42/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 3.58× | 12/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 5.40× | 37/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 4.43 | 85/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 6.7% | 47/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 0.44× | 18/100 |
| Years with positive free cash flow (last 5) | 3 of 5 | 50/100 |
Weight in the score: 20%
| Profitable years (last 5) | 5 of 5 | 100/100 |
|---|---|---|
| Years of revenue decline (last 5) | 3 of 5 | 0/100 |
| Revenue growth volatility | 130.3% | 0/100 |
| Operating margin volatility | 13.5% | 0/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 16.5% | 100/100 |
|---|---|---|
| EPS growth, 3-year average | 4.5% | 47/100 |
Weight in the score: 10%
Fiscal year 2024 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY20 | FY21 | FY22 | FY23 | FY24 |
|---|---|---|---|---|---|
| Revenue | 1,817 | 2,862 | 10,711 | 7,467 | 4,529 |
| Cost of revenue | 1,334 | 1,772 | 4,974 | 4,392 | 3,202 |
| Gross profit | 483 | 1,090 | 5,737 | 3,075 | 1,327 |
| Operating income | 303 | 927 | 5,531 | 2,844 | 1,066 |
| Interest expense | 82 | 85 | 87 | 138 | 198 |
| Pre-tax income | 239 | 841 | 5,486 | 2,807 | 974 |
| Income tax | 70 | 249 | 1,572 | 1,877 | 283 |
| Net income | 165 | 585 | 3,906 | 923 | 685 |
| Diluted EPS | $0.63 | $2.10 | $13.68 | $3.23 | $2.40 |
| Diluted shares (millions) | 263 | 278 | 286 | 286 | 286 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
4.43 Safe zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
5/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Dec 31, 2025 · Data updated Apr 24, 2025