Sociedad Quimica y Minera S.A. Financial Statements
NYSE: SQMIndustrialsMining & Quarrying of Nonmetallic Minerals (No Fuels)USD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Sociedad Quimica y Minera S.A. revenue and earnings
In fiscal 2024, Sociedad Quimica y Minera S.A. generated $4.53 billion in revenue, down 39.4% from fiscal 2023, its first annual decline since 2023. Net income was $685.1 million (-25.8% year over year), for a net margin of 15.1% versus a median of 14.3% in the prior 5 years. Gross margin was 29.3% (down from 41.2%) and operating margin 23.5%.
Over the last 5 fiscal years, SQM's revenue has grown at a 18.4% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Sociedad Quimica y Minera S.A. income statement (annual)
| Fiscal year (USD) | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 | FY 20152015-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4.53B | 7.47B | 10.71B | 2.86B | 1.82B | 1.94B | 2.27B | 2.16B | 1.94B | 1.73B |
| Revenue growth (YoY) | -39.35% | -30.28% | +274.19% | +57.51% | -6.51% | -14.22% | +5.03% | +11.24% | +12.21% | — |
| Cost of Revenue | 3.20B | 4.39B | 4.97B | 1.77B | 1.33B | 1.38B | 1.49B | 1.39B | 1.33B | 1.19B |
| Gross Profit | 1.33B | 3.08B | 5.74B | 1.09B | 482.87M | 560.05M | 780.17M | 762.50M | 611.04M | 542.75M |
| Operating Expenses | 261.21M | 230.66M | 205.28M | 162.82M | 180.37M | 126.40M | 113.61M | 144.44M | 162.29M | 174.14M |
| Research & Development | — | — | — | — | — | 1.70 | 1.70 | — | — | — |
| Operating Income | 1.07B | 2.84B | 5.53B | 927.29M | 302.50M | 433.65M | 666.56M | 618.06M | 448.75M | 368.61M |
| Interest Expense | 197.54M | 138.40M | 86.65M | 84.63M | 82.20M | 76.94M | 57.81M | 50.12M | 57.50M | 69.85M |
| Other Income (Expense) | -2.14M | -2.25M | 117.00K | -2.64M | -5.31M | -383.00K | 6.40M | 543.00K | 679.00K | 3.76M |
| Pretax Income | 974.41M | 2.81B | 5.49B | 841.22M | 238.54M | 390.62M | 621.04M | 594.59M | 414.89M | 308.29M |
| Income Tax | 282.57M | 1.88B | 1.57B | 249.02M | 70.18M | 110.02M | 178.97M | 166.17M | 132.97M | 83.77M |
| Net Income | 685.12M | 923.19M | 3.91B | 585.45M | 164.52M | 278.12M | 439.83M | 427.70M | 278.29M | 220.36M |
| Net Income growth (YoY) | -25.79% | -76.37% | +567.23% | +255.86% | -40.85% | -36.77% | +2.84% | +53.69% | +26.29% | — |
| EPS (Basic) | 2.40 | 3.23 | 13.68 | 2.10 | 0.6251 | 1.67 | 1.67 | 1.63 | 1.06 | 0.84 |
| EPS (Diluted) | — | — | 13.68 | 2.10 | 0.6251 | — | — | — | — | — |
| Shares Outstanding (Basic) | 285.64M | 285.64M | 285.64M | 278.16M | 263.20M | 263.20B | 263.20B | 263.20B | 263.20B | 263.20M |
| Shares Outstanding (Diluted) | 285.64M | 285.64M | 285.64M | 278.16M | 263.20M | — | — | — | — | — |
| EBITDA | 1.41B | 3.13B | 5.78B | 1.14B | 506.42M | 635.01M | 887.38M | 858.59M | 698.54M | 96.87M |
| Gross Margin | 29.30% | 41.18% | 53.56% | 38.08% | 26.57% | 28.81% | 34.43% | 35.34% | 31.51% | 31.40% |
| Operating Margin | 23.54% | 38.09% | 51.64% | 32.40% | 16.65% | 22.31% | 29.42% | 28.65% | 23.14% | 21.33% |
| Net Margin | 15.13% | 12.36% | 36.47% | 20.45% | 9.05% | 14.31% | 19.41% | 19.83% | 14.35% | 12.75% |
This table shows 10 annual periods of Sociedad Quimica y Minera S.A.'s income statement, from FY 2024 back to FY 2015, across 19 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow SQM's reporting calendar. What is a income statement?