SQM vs USLM
Chemical & Mining Co. of Chile Inc. and United States Lime & Minerals Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | SQM | USLM |
|---|---|---|
| Revenue | $4.5B | $372.7M |
| Net income | $685.1M | $134.3M |
| Gross margin | 29.3% | 48.9% |
| Net margin | 15.3% | 36.0% |
| Return on equity | 14.3% | 23.8% |
| Diluted EPS | $2.40 | $4.67 |
| Dividend / share | · | $0.24 |
| Payout ratio | 9.8% | 5.1% |
| Free cash flow | $302.9M | $102.3M |
| Equity | $5.2B | $630.8M |
| Net debt / equity | 0.92× | −0.59× |
| Current ratio | 2.51× | 19.27× |
| Revenue CAGR 5y | 18.4% | 18.3% |
| Profit CAGR 5y | 19.8% | 36.6% |
SQM bills 12.2× the revenue of USLM, and USLM keeps more of each dollar of revenue as profit (36.0% 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 | SQM | USLM |
|---|---|---|
| FY2024 | $4.5B | $317.7M |
| FY2023 | $7.5B | $281.3M |
| FY2022 | $10.7B | $236.2M |
| FY2021 | $2.9B | $189.3M |
| FY2020 | $1.8B | $160.7M |
| FY2019 | $1.9B | $158.3M |
| FY2018 | $2.3B | $144.4M |
| FY2017 | $2.2B | $144.8M |
| FY2016 | $1.9B | $139.3M |
| FY2015 | $1.7B | $130.8M |
Bottom line
| Fiscal year | SQM | USLM |
|---|---|---|
| FY2024 | $685.1M | $108.8M |
| FY2023 | $923.2M | $74.5M |
| FY2022 | $3.9B | $45.4M |
| FY2021 | $585.5M | $37.0M |
| FY2020 | $164.5M | $28.2M |
| FY2019 | $278.1M | $26.1M |
| FY2018 | $439.8M | $19.7M |
| FY2017 | $427.7M | $27.1M |
| FY2016 | $278.3M | $17.8M |
| FY2015 | $220.4M | $12.9M |
10 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2024 | +$4,211,040,000 | SQM |
| FY2023 | +$7,186,160,000 | SQM |
| FY2022 | +$10,474,428,000 | SQM |
| FY2021 | +$2,673,060,000 | SQM |
| FY2020 | +$1,656,487,000 | SQM |
| FY2019 | +$1,785,378,000 | SQM |
| FY2018 | +$2,121,368,000 | SQM |
| FY2017 | +$2,012,479,000 | SQM |
| FY2016 | +$1,800,040,000 | SQM |
| FY2015 | +$1,597,495,000 | SQM |
SQM has reported the higher revenue in every one of these 10 fiscal years. The gap has widened since the earliest year compared.
10 of 17 comparable fiscal years — a year missing data on either side is not counted.
10 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2024 | −19.0 pp | USLM |
| FY2023 | −14.0 pp | USLM |
| FY2022 | +17.3 pp | SQM |
| FY2021 | +1.1 pp | SQM |
| FY2020 | −8.3 pp | USLM |
| FY2019 | −2.0 pp | USLM |
| FY2018 | +5.9 pp | SQM |
| FY2017 | +1.1 pp | SQM |
| FY2016 | +1.8 pp | SQM |
| FY2015 | +3.1 pp | SQM |
The higher net margin has changed hands between SQM and USLM over this period.
10 of 11 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
SQM's net margin has been more volatile than USLM's over the 10 comparable fiscal years — 7.2 percentage points of standard deviation against 6.7.
10 of 11 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between SQM and USLM over these 10 fiscal years — SQM led in 6 and USLM in 4.
10 of 11 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 USLM's over the 10 comparable fiscal years — 24.8 percentage points of standard deviation against 4.9.
10 of 17 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 SQM and USLM over these 10 fiscal years — SQM led in 7 and USLM in 3.
10 of 17 comparable fiscal years — a year missing data on either side is not counted.