SQM vs VMC
Chemical & Mining Co. of Chile Inc. and Vulcan Materials Co., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | SQM | VMC |
|---|---|---|
| Revenue | $4.5B | $7.9B |
| Net income | $685.1M | $1.1B |
| Gross margin | 29.3% | 27.4% |
| Net margin | 15.3% | 13.6% |
| Return on equity | 14.3% | 12.9% |
| Diluted EPS | $2.40 | $8.11 |
| Dividend / share | · | $1.96 |
| Payout ratio | 9.8% | 24.1% |
| Free cash flow | $302.9M | $1.1B |
| Equity | $5.2B | $8.5B |
| Net debt / equity | 0.92× | 0.49× |
| Current ratio | 2.51× | 2.69× |
| Revenue CAGR 5y | 18.4% | 10.3% |
| Profit CAGR 5y | 19.8% | 13.0% |
VMC bills 1.8× the revenue of SQM, and SQM keeps more of each dollar of revenue as profit (15.3% against 13.6%).
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 | VMC |
|---|---|---|
| FY2024 | $4.5B | $7.4B |
| FY2023 | $7.5B | $7.8B |
| FY2022 | $10.7B | $7.3B |
| FY2021 | $2.9B | $5.6B |
| FY2020 | $1.8B | $4.9B |
| FY2019 | $1.9B | $4.9B |
| FY2018 | $2.3B | $4.4B |
| FY2017 | $2.2B | $3.9B |
| FY2016 | $1.9B | $3.6B |
| FY2015 | $1.7B | $3.4B |
Bottom line
| Fiscal year | SQM | VMC |
|---|---|---|
| FY2024 | $685.1M | $911.9M |
| FY2023 | $923.2M | $933.2M |
| FY2022 | $3.9B | $575.6M |
| FY2021 | $585.5M | $670.8M |
| FY2020 | $164.5M | $584.5M |
| FY2019 | $278.1M | $617.7M |
| FY2018 | $439.8M | $515.8M |
| FY2017 | $427.7M | $601.2M |
| FY2016 | $278.3M | $419.5M |
| FY2015 | $220.4M | $221.2M |
10 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2024 | −$2,888,939,000 | VMC |
| FY2023 | −$314,410,000 | VMC |
| FY2022 | +$3,395,378,000 | SQM |
| FY2021 | −$2,689,885,000 | VMC |
| FY2020 | −$3,039,609,000 | VMC |
| FY2019 | −$2,985,445,000 | VMC |
| FY2018 | −$2,117,066,000 | VMC |
| FY2017 | −$1,732,973,000 | VMC |
| FY2016 | −$1,653,345,000 | VMC |
| FY2015 | −$1,693,849,000 | VMC |
The higher-revenue side has changed between SQM and VMC over this period. The gap has widened since the earliest year compared.
10 of 19 comparable fiscal years — a year missing data on either side is not counted.
10 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2024 | +3.0 pp | SQM |
| FY2023 | +0.4 pp | SQM |
| FY2022 | +28.7 pp | SQM |
| FY2021 | +8.6 pp | SQM |
| FY2020 | −2.8 pp | VMC |
| FY2019 | +1.9 pp | SQM |
| FY2018 | +7.7 pp | SQM |
| FY2017 | +4.4 pp | SQM |
| FY2016 | +2.9 pp | SQM |
| FY2015 | +6.5 pp | SQM |
The higher net margin has changed hands between SQM and VMC over this period.
10 of 19 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 VMC's over the 10 comparable fiscal years — 7.2 percentage points of standard deviation against 2.4.
10 of 19 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 VMC over these 10 fiscal years — SQM led in 9 and VMC in 1.
10 of 19 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 VMC's over the 10 comparable fiscal years — 24.8 percentage points of standard deviation against 2.2.
10 of 19 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 VMC over these 10 fiscal years — SQM led in 9 and VMC in 1.
10 of 19 comparable fiscal years — a year missing data on either side is not counted.