Chemical & Mining Co Of Chile Inc income statement SQM

Annual Quarterly

In fiscal 2024, which ended Dec 31, 2024, Chemical & Mining Co Of Chile Inc reported revenue of $4.5 billion, down 39.4% from the year before. Net income was $691.8 million, a profit margin of 15.3%. Operating income came to $1.1 billion, an operating margin of 23.5%. Across the 8 fiscal years shown, revenue grew from $2.2 billion in fiscal 2017 to $4.5 billion in fiscal 2024, about 11.2% a year.

USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.

FY 2024
Dec 31, 2024
FY 2023
Dec 31, 2023
FY 2022
Dec 31, 2022
FY 2021
Dec 31, 2021
FY 2020
Dec 31, 2020
FY 2019
Dec 31, 2019
FY 2018
Dec 31, 2018
FY 2017
Dec 31, 2017
Revenue
4,529
-39.4%
7,467
-30.3%
10,711
+274.2%
2,862
+57.5%
1,817
-6.5%
1,944
-14.2%
2,266
+5.0%
2,157
Cost of revenue
3,202
-27.1%
4,392
-11.7%
4,974
+180.7%
1,772
+32.8%
1,334
-3.6%
1,384
-6.9%
1,486
+6.5%
1,395
Gross profit
1,327
-56.8%
3,075
-46.4%
5,737
+426.2%
1,090
+125.8%
483
-13.8%
560
-28.2%
780
+2.3%
763
Research and development
—
—
—
—
—
0
+0.0%
0
—
Operating income
1,066
-62.5%
2,844
-48.6%
5,531
+496.5%
927
+206.5%
303
-30.2%
434
-34.9%
667
+7.8%
618
Pretax income
974
-65.3%
2,807
-48.8%
5,486
+552.2%
841
+252.7%
239
-38.9%
391
-37.1%
621
+4.4%
595
Income tax
283
-84.9%
1,877
+19.4%
1,572
+531.4%
249
+254.8%
70
-36.2%
110
-38.5%
179
+7.7%
166
Net income
692
-25.6%
930
-76.2%
3,914
+561.0%
592
+251.8%
168
-40.0%
281
-36.5%
442
+3.2%
428
Basic EPS
2.40
-25.8%
3.23
-76.4%
13.68
+549.7%
2.10
+236.7%
0.63
-62.6%
1.67
+0.0%
1.67
+2.8%
1.62
Diluted EPS
—
—
13.68
—
—
—
—
—
Weighted average shares, basic
286
-0.0%
286
+0.0%
286
—
—
263,197
+0.0%
263,197
+0.0%
263,197
Weighted average shares, diluted
286
-0.0%
286
+0.0%
286
—
—
—
—
—
Other measures
Depreciation and amortization
342
+22.0%
281
+14.9%
244
+14.1%
214
+5.1%
204
+1.3%
201
-8.8%
221
-8.2%
241
EBITDA
1,408
-54.9%
3,125
-45.9%
5,776
+406.0%
1,142
+125.4%
506
-20.3%
635
-28.4%
887
+3.4%
859
Interest coverage
5.40x
20.55x
63.83x
10.96x
3.93x
5.64x
11.53x
7.52x
Margins
Gross margin
29.30%
41.18%
53.56%
38.08%
26.57%
28.81%
34.43%
35.34%
Operating margin
23.54%
38.09%
51.64%
32.40%
16.65%
22.31%
29.42%
28.65%
Pretax margin
21.52%
37.59%
51.23%
29.39%
13.13%
20.10%
27.41%
27.56%
Profit margin
15.28%
12.46%
36.55%
20.69%
9.26%
14.44%
19.51%
19.86%
EBITDA margin
31.10%
41.85%
53.93%
39.88%
27.87%
32.67%
39.16%
39.80%
Effective tax rate
29.00%
66.86%
28.66%
29.60%
29.42%
28.17%
28.82%
27.95%
How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. More on our methodology.

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Company profile

Industry
Mining & Quarrying of Nonmetallic Minerals (No Fuels) (SIC 1400)
Listed as
SQM (NYSE)
Fiscal year ends
December 31
Incorporated in
Chile
Headquarters
Santiago Chile, Chile
SEC filer status
Large accelerated filer
SEC CIK
909037

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.