SQMSociedad Química y Minera de Chile S.A.

$78.33

Is the business good?

How good a business is SQM?

Sociedad Química y Minera de Chile S.A. earns 9.6% on the capital it employs against a 9.0% cost of capital, so the business is worth more the bigger it gets.

9.6%

Return on invested capital · cost of capital 9.0% · 0.56 points above what the capital costs: growth creates value

Operating margin
24%

Operating margin · Specialty Chemicals median 9.1% · fiscal year to FY2024

Cash conversion
0.44×

Cash conversion · −1.41× a year ago · some of the reported profit has not turned into cash yet

Share count, year on year
0.00%

Share count, year on year · flat: no meaningful dilution

Operating margin by fiscal year
YearOperating margin
FY201922%
FY202017%
FY202132%
FY202252%
FY202338%
FY202424%
Details
Gross marginfiscal year to FY2024
29%
Operating marginfiscal year to FY2024
24%
Net marginfiscal year to FY2024
15%
Free cash flow margin
6.7%
Revenue, trailing twelve months
$4.53B
Free cash flow, trailing twelve months
$303M
Net income, trailing twelve months
$685M
Return on invested capitaloperating profit after tax ÷ debt + equity − cash
9.6%

Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.