Sociedad Química y Minera de Chile S.A. (SQM) Key Metrics
SQM valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $17.20B
- Enterprise value
- $20.60B
- P/E (TTM)
- 12.4 10-yr median 25.6
- Forward P/E
- 11.0
- PEG ratio
- 0.32
- Price / sales
- 2.6 10-yr median 4.1
- Price / book
- 3.1 10-yr median 4.0
- EV / EBITDA
- 7.8 10-yr median 11.8
- Dividend yield
- 2.02% $2.43 a year
- Beta
- 1.07
SQM key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsSQM valuation Price multiples at each fiscal year-end price.
SQM returns How much profit the business earns on the capital it uses.
SQM per-share figures Results divided by the shares outstanding at year-end.
SQM financial health Debt, liquidity and how easily interest is covered.
SQM efficiency & capital use Working capital cycle and where the cash goes.
SQM valuation history
SQM returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
SQM debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
SQM cash returned to shareholders
SQM price vs earnings per share
SQM key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $19.65B | $10.35B | $17.20B | $22.81B | $14.40B | $13.11B | $7.13B | $10.15B | $15.74B | $7.60B |
| Enterprise value | $21.74B | $12.73B | $19.39B | $22.11B | $14.59B | $14.21B | $7.84B | $10.64B | $15.96B | $8.02B |
| P/E ratio | 33.5 | — | 8.5 | 5.8 | 24.6 | 79.7 | 25.6 | 23.1 | 36.8 | 27.3 |
| Price / sales | 4.3 | 2.3 | 2.3 | 2.1 | 5.0 | 7.2 | 3.7 | 4.5 | 7.3 | 3.9 |
| Price / book | 3.5 | 2.0 | 3.1 | 4.7 | 4.5 | 6.2 | 3.4 | 4.9 | 7.0 | 3.4 |
| Price / free cash flow | 44.9 | 34.2 | — | 7.6 | 40.3 | — | 69.1 | 84.1 | 55.1 | 15.2 |
| Price / operating cash flow | 15.0 | 8.1 | — | 5.8 | 17.5 | 71.9 | 16.7 | 19.3 | 20.8 | 12.0 |
| EV / sales | 4.8 | 2.8 | 2.6 | 2.1 | 5.1 | 7.8 | 4.0 | 4.7 | 7.4 | 4.1 |
| EV / EBITDA | 13.8 | 8.5 | 6.0 | 4.0 | 12.8 | 27.0 | 11.7 | 11.8 | 18.1 | 11.1 |
| EV / free cash flow | 49.7 | 42.0 | — | 7.4 | 40.8 | — | 76.0 | 88.1 | 55.9 | 16.0 |
| Earnings yield | 3.0% | −3.9% | 11.7% | 17.1% | 4.1% | 1.3% | 3.9% | 4.3% | 2.7% | 3.7% |
| Free cash flow yield | 2.2% | 2.9% | −7.6% | 13.2% | 2.5% | −1.1% | 1.4% | 1.2% | 1.8% | 6.6% |
| Dividend yield | 0.0% | 0.6% | 8.6% | 9.8% | 4.0% | 1.7% | 4.6% | 5.4% | 2.4% | 5.3% |
| Shareholder yield (dividends + buybacks) | 0.0% | 0.6% | 8.6% | 9.8% | 4.0% | 1.7% | 4.6% | 5.4% | 2.4% | 5.3% |
| Share price at fiscal year-end | $68.80 | $36.36 | $60.22 | $79.84 | $50.43 | $49.09 | $26.69 | $38.30 | $59.37 | $28.65 |
| Per share | ||||||||||
| Revenue per share | $16.00 | $15.90 | $26.14 | $37.50 | $10.02 | $6.80 | $7.28 | $8.55 | $8.14 | $7.32 |
| Earnings per share | $2.06 | −$1.42 | $7.05 | $13.68 | $2.05 | $0.62 | $1.04 | $1.66 | $1.61 | $1.05 |
| Operating cash flow per share | $4.60 | $4.48 | −$0.69 | $13.69 | $2.88 | $0.68 | $1.60 | $1.98 | $2.86 | $2.39 |
| Free cash flow per share | $1.53 | $1.06 | −$4.55 | $10.52 | $1.25 | −$0.52 | $0.39 | $0.46 | $1.08 | $1.89 |
| Cash per share | $9.55 | $8.56 | $8.26 | $12.62 | $8.47 | $3.20 | $4.02 | $3.20 | $3.74 | $3.01 |
| Book value per share | $19.94 | $18.12 | $19.36 | $17.14 | $11.14 | $7.95 | $7.81 | $7.87 | $8.48 | $8.47 |
| Tangible book value per share | $10.99 | $18.00 | $18.81 | $17.05 | $10.91 | $7.69 | $7.59 | $7.62 | $7.84 | $7.83 |
| Dividends per share | $0.01 | $0.24 | $5.15 | $7.84 | $2.00 | $0.83 | $1.23 | $2.08 | $1.41 | $1.51 |
| Capex per share | $3.07 | $3.41 | $3.86 | $3.17 | $1.63 | $1.21 | $1.21 | $1.20 | $0.54 | $0.50 |
| Debt per share | $16.87 | $16.92 | $15.91 | $10.19 | $9.14 | $7.32 | $6.71 | $5.03 | $4.56 | $4.60 |
| Shares outstanding | 285.6M | 284.8M | 285.6M | 285.6M | 285.6M | 267.1M | 267.1M | 265.1M | 265.1M | 265.1M |
| Change in shares outstanding | +0.3% | −0.3% | 0.0% | 0.0% | +7.0% | 0.0% | +0.7% | 0.0% | 0.0% | 0.0% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 10.8% | −7.6% | 38.6% | 96.7% | 22.1% | 7.8% | 13.3% | 20.3% | 19.0% | 12.1% |
| Return on invested capital (ROIC) | 9.9% | 7.0% | 34.3% | 104.2% | 19.8% | 7.1% | 11.6% | 18.8% | 17.4% | 11.1% |
| Return on assets (ROA) | 4.5% | −3.5% | 17.9% | 43.4% | 9.8% | 3.5% | 6.2% | 10.3% | 10.0% | 6.3% |
| Return on tangible assets | 4.9% | −3.5% | 17.4% | 36.2% | 8.2% | 3.5% | 6.0% | 10.5% | 10.4% | 6.9% |
| Free cash flow margin | 9.6% | 6.7% | −17.4% | 28.0% | 12.5% | −7.7% | 5.3% | 5.3% | 13.2% | 25.8% |
| Income quality (OCF / net income) | 2.24 | — | −0.10 | 1.00 | 1.40 | 1.11 | 1.54 | 1.19 | 1.77 | 2.28 |
| Financial health | ||||||||||
| Total debt | $4.82B | $4.82B | $4.55B | $2.91B | $2.61B | $1.95B | $1.79B | $1.33B | $1.21B | $1.22B |
| Cash & short-term investments | $2.73B | $2.44B | $2.36B | $3.61B | $2.42B | $854.6M | $1.07B | $847.9M | $991.4M | $798.8M |
| Net debt | $2.09B | $2.38B | $2.19B | −$694.8M | $189.5M | $1.10B | $716.7M | $485.9M | $217.2M | $421.1M |
| Debt / equity | 0.85 | 0.93 | 0.82 | 0.59 | 0.82 | 0.92 | 0.86 | 0.64 | 0.54 | 0.54 |
| Debt / assets | 0.33 | 0.42 | 0.39 | 0.27 | 0.36 | 0.41 | 0.38 | 0.31 | 0.28 | 0.29 |
| Net debt / EBITDA | 1.33 | 1.59 | 0.68 | −0.12 | 0.17 | 2.09 | 1.07 | 0.54 | 0.25 | 0.58 |
| Current ratio | 3.27 | 2.51 | 2.50 | 2.29 | 4.62 | 5.40 | 3.45 | 4.32 | 3.30 | 4.02 |
| Quick ratio | 2.25 | 1.75 | 1.74 | 1.71 | 3.43 | 3.10 | 2.19 | 2.67 | 2.09 | 2.31 |
| Interest coverage | 6.1 | 5.7 | 20.2 | 57.6 | 11.1 | 3.6 | 6.0 | 12.0 | 12.3 | 7.8 |
| Working capital | $4.01B | $3.36B | $3.52B | $3.94B | $3.59B | $2.09B | $1.91B | $1.84B | $1.72B | $1.75B |
| Invested capital | $7.79B | $7.54B | $7.72B | $4.20B | $3.37B | $3.22B | $2.80B | $2.57B | $2.46B | $2.67B |
| Tangible asset value | $5.50B | $5.16B | $5.41B | $4.91B | $3.15B | $2.09B | $2.08B | $2.07B | $2.08B | $2.14B |
| Net current asset value | −$671.1M | −$719.1M | −$272.5M | $1.10B | $621.9M | −$86.6M | $132.5M | $269.3M | $417.5M | $423.7M |
| Graham number | $30.37 | — | $55.41 | $72.63 | $22.66 | $10.50 | $13.53 | $17.14 | $17.54 | $14.15 |
| Graham net-net per share | −$6.89 | −$7.00 | −$7.91 | −$0.97 | −$1.52 | −$3.06 | −$2.08 | −$1.44 | −$0.75 | −$1.07 |
| Capital allocation | ||||||||||
| Dividends paid | $4.3M | $67.2M | $1.47B | $2.24B | $571.7M | $222.0M | $329.8M | $550.4M | $373.9M | $399.4M |
| Share buybacks (net) | — | — | — | — | $0 | — | — | — | — | — |
| Dividend payout ratio | 0.7% | — | 73.1% | 57.3% | 97.7% | 134.9% | 118.6% | 125.1% | 87.4% | 143.5% |
| Dividends + buybacks / free cash flow | 1.0% | 22.2% | — | 74.5% | 159.8% | — | 319.7% | 455.7% | 131.0% | 79.8% |
| Capex / revenue | 19.2% | 21.5% | 14.8% | 8.5% | 16.2% | 17.7% | 16.7% | 14.1% | 6.6% | 6.9% |
| Capex / operating cash flow | 66.7% | 76.2% | — | 23.2% | 56.5% | 176.8% | 75.8% | 60.8% | 18.7% | 21.0% |
| Capex / depreciation | 2.05 | 2.88 | 3.96 | 325.39 | 2.19 | 117.18 | 122.56 | 1.44 | 0.59 | 0.53 |
| R&D / revenue | — | — | — | — | — | — | — | — | — | 0.6% |
| SG&A / revenue | 2.2% | 2.9% | 1.0% | 0.7% | 3.2% | 6.4% | 3.0% | 2.8% | 3.5% | 2.4% |
| Efficiency | ||||||||||
| Days sales outstanding | 99.6 | 88.6 | 56.9 | 37.1 | 81.4 | 116.1 | 109.4 | 91.6 | 83.6 | 78.8 |
| Days of inventory on hand | 198.2 | 198.2 | 147.9 | 108.9 | 234.5 | 284.0 | 250.2 | 223.1 | 248.0 | 274.4 |
| Days payables outstanding | 46.4 | 50.7 | 33.3 | 23.4 | 49.7 | 55.9 | 48.6 | 44.1 | 51.8 | 46.3 |
| Cash conversion cycle (days) | 251.4 | 236.1 | 171.6 | 122.6 | 266.1 | 344.2 | 310.9 | 270.5 | 279.7 | 306.9 |
| Receivables turnover | 3.66 | 4.12 | 6.41 | 9.85 | 4.49 | 3.14 | 3.34 | 3.99 | 4.37 | 4.63 |
| Payables turnover | 7.87 | 7.20 | 10.97 | 15.60 | 7.35 | 6.53 | 7.50 | 8.27 | 7.04 | 7.88 |
| Inventory turnover | 1.84 | 1.84 | 2.47 | 3.35 | 1.56 | 1.29 | 1.46 | 1.64 | 1.47 | 1.33 |
| Asset turnover | 0.35 | 0.39 | 0.66 | 1.19 | 0.48 | 0.38 | 0.43 | 0.53 | 0.51 | 0.44 |
| Average receivables | $1.25B | $1.10B | $1.17B | $1.09B | $637.9M | $578.2M | $582.4M | $568.4M | $494.0M | $418.7M |
| Average payables | $410.2M | $445.0M | $400.2M | $318.9M | $241.2M | $204.4M | $184.4M | $179.6M | $198.0M | $168.5M |
| Average inventory | $1.75B | $1.74B | $1.78B | $1.48B | $1.14B | $1.04B | $948.5M | $907.9M | $947.6M | $998.5M |
| Intangibles / total assets | 17.6% | 0.3% | 1.3% | 0.2% | 0.9% | 1.5% | 1.2% | 1.6% | 3.9% | 4.0% |
Computed from SQM's annual financial statements (latest annual report filed April 22, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
SQM valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Sociedad Química y Minera de Chile traded at 33.5 times earnings, against a 10-year median of 25.6. Based on the latest twelve months, the trailing P/E is 12.4 and the forward P/E is 11.0. Sociedad Química y Minera de Chile earned a return on equity of 10.8% and a return on invested capital of 9.9% in fiscal 2025. It ended the year with $4.8 billion of debt and $2.7 billion in cash and short-term investments, net debt of $2.1 billion. It returned $4.3 million to shareholders: $4.3 million in dividends and $0 in share buybacks, 1% of free cash flow. The share count rose 7.7% from 265.1M to 285.6M over 9 years.
See the SQM income statement, the SQM chart for price history, or the SQM stock overview for the latest quote and news.
SQM key metrics FAQ
What is Sociedad Química y Minera de Chile's P/E ratio?
Sociedad Química y Minera de Chile's trailing P/E ratio is 12.4 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 11.0. At the end of fiscal 2025 it was 33.5, compared with a 10-year median of 25.6.
What is Sociedad Química y Minera de Chile's EV/EBITDA?
Sociedad Química y Minera de Chile's enterprise value was 13.8 times EBITDA at the end of fiscal 2025 (enterprise value $21.7 billion, EBITDA $1.6 billion); the current EV/EBITDA is 7.8.
What is Sociedad Química y Minera de Chile's return on equity?
Sociedad Química y Minera de Chile's return on equity (ROE) was 10.8% in fiscal 2025: net income of $587.2 million on average shareholders' equity of $5.4 billion.
What is Sociedad Química y Minera de Chile's ROIC?
Sociedad Química y Minera de Chile's return on invested capital was 9.9% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Sociedad Química y Minera de Chile have?
Sociedad Química y Minera de Chile had total debt of $4.8 billion at the end of fiscal 2025, a debt-to-equity ratio of 0.85 and $2.1 billion of net debt (1.33 times EBITDA).
What is Sociedad Química y Minera de Chile's dividend yield?
Sociedad Química y Minera de Chile's forward dividend yield is 2.02%. Sociedad Química y Minera de Chile paid $4.3 million in dividends in fiscal 2025 ($0.01 per share), a payout ratio of 0.7%.
What is Sociedad Química y Minera de Chile's free cash flow yield?
Sociedad Química y Minera de Chile generated $437.7 million of free cash flow in fiscal 2025, a free cash flow yield of 2.2% on its market value at year-end ($19.7 billion).
What is Sociedad Química y Minera de Chile's current ratio?
Sociedad Química y Minera de Chile's current ratio was 3.27 at the end of fiscal 2025: current assets were 3.27 times current liabilities.