MLM vs SQM
Martin Marietta Materials Inc. and Chemical & Mining Co. of Chile Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | MLM | SQM |
|---|---|---|
| Revenue | $6.2B | $4.5B |
| Net income | $1.1B | $685.1M |
| Gross margin | 30.7% | 29.3% |
| Net margin | 18.5% | 15.3% |
| Return on equity | 11.7% | 14.3% |
| Diluted EPS | $18.77 | $2.40 |
| Dividend / share | $3.24 | · |
| Payout ratio | 17.3% | 9.8% |
| Free cash flow | $978.0M | $302.9M |
| Equity | $10.0B | $5.2B |
| Net debt / equity | 0.52× | 0.92× |
| Current ratio | 3.57× | 2.51× |
| Revenue CAGR 5y | 5.4% | 18.4% |
| Profit CAGR 5y | 9.5% | 19.8% |
MLM bills 1.4× the revenue of SQM, and keeps more of each dollar of revenue as profit (18.5% against 15.3%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | MLM | SQM |
|---|---|---|
| FY2024 | $5.7B | $4.5B |
| FY2023 | $5.9B | $7.5B |
| FY2022 | $6.2B | $10.7B |
| FY2021 | $5.4B | $2.9B |
| FY2020 | $4.7B | $1.8B |
| FY2019 | $4.7B | $1.9B |
| FY2018 | $4.2B | $2.3B |
| FY2017 | $4.0B | $2.2B |
| FY2016 | $3.8B | $1.9B |
| FY2015 | $3.5B | $1.7B |
Bottom line
| Fiscal year | MLM | SQM |
|---|---|---|
| FY2024 | $2.0B | $685.1M |
| FY2023 | $1.2B | $923.2M |
| FY2022 | $867.0M | $3.9B |
| FY2021 | $702.5M | $585.5M |
| FY2020 | $721.0M | $164.5M |
| FY2019 | $611.9M | $278.1M |
| FY2018 | $470.0M | $439.8M |
| FY2017 | $713.3M | $427.7M |
| FY2016 | $425.4M | $278.3M |
| FY2015 | $288.8M | $220.4M |
10 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2024 | +$1,133,239,000 | MLM |
| FY2023 | −$1,616,490,000 | SQM |
| FY2022 | −$4,549,578,000 | SQM |
| FY2021 | +$2,551,685,000 | MLM |
| FY2020 | +$2,912,709,000 | MLM |
| FY2019 | +$2,795,445,000 | MLM |
| FY2018 | +$1,978,497,000 | MLM |
| FY2017 | +$1,808,277,000 | MLM |
| FY2016 | +$1,879,427,000 | MLM |
| FY2015 | +$1,811,238,000 | MLM |
The higher-revenue side has changed between MLM and SQM over this period. The gap has narrowed since the earliest year compared.
10 of 18 comparable fiscal years — a year missing data on either side is not counted.
10 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2024 | +20.0 pp | MLM |
| FY2023 | +7.5 pp | MLM |
| FY2022 | −22.5 pp | SQM |
| FY2021 | −7.7 pp | SQM |
| FY2020 | +6.0 pp | MLM |
| FY2019 | −1.5 pp | SQM |
| FY2018 | −8.4 pp | SQM |
| FY2017 | −1.9 pp | SQM |
| FY2016 | −3.4 pp | SQM |
| FY2015 | −4.8 pp | SQM |
The higher net margin has changed hands between MLM and SQM over this period.
10 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
MLM's net margin has been more volatile than SQM's over the 10 comparable fiscal years — 7.2 percentage points of standard deviation against 7.2.
10 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between MLM and SQM over these 10 fiscal years — MLM led in 3 and SQM in 7.
10 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
SQM's return on equity has been more volatile than MLM's over the 10 comparable fiscal years — 24.8 percentage points of standard deviation against 4.1.
10 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between MLM and SQM over these 10 fiscal years — MLM led in 2 and SQM in 8.
10 of 18 comparable fiscal years — a year missing data on either side is not counted.