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Chemical & Mining Co of Chile vs Vulcan Materials: SQM and VMC compared
Chemical & Mining Co of Chile is the larger company: $4.6B of revenue in its latest quarter (FY2025) against $2.2B for Vulcan Materials (Q3 2026). Chemical & Mining Co of Chile is growing faster (+1% against -5% a year earlier). Vulcan Materials is more profitable, with an operating margin of 24.0% against 23.2%.
Where the money goes: SQM and VMC
Chemical & Mining Co of Chile (SQM) · FY2025
Chemical & Mining Co of Chile, FY2025: revenue $4.6B (+1% year over year), operating margin 23.2%, net earnings $588M, operating cash flow $1.3B. The chart follows the revenue to costs, profit and cash.
Vulcan Materials (VMC) · Q3 2026
Vulcan Materials, Q3 2026: revenue $2.2B (-5% year over year), operating margin 24.0%, net earnings $363M, operating cash flow $386M. The chart follows the revenue to costs, profit and cash.
| Chemical & Mining Co of Chile (SQM) | Vulcan Materials (VMC) | |
|---|---|---|
| Latest quarter | FY2025 | Q3 2026 |
| Revenue | $4.6B | $2.2B |
| Revenue growth, Y/Y | +1% | -5% |
| Gross margin | 29.6% | 30.5% |
| Operating margin | 23.2% | 24.0% |
| Net earnings | $588M | $363M |
| Net margin | 12.9% | 16.6% |
| Operating cash flow | $1.3B | $386M |
| Free cash flow | $438M | $209M |
| Market value | — | $36.6B |
| P/E | — | 33.5× |
| Analysts’ mean target | — | $312.65 |
Where the revenue comes from
Vulcan Materials
- Aggregates: $1.7B (78%)
- Asphalt: $381M (17%)
- Concrete: $92.4M (4%)
Questions
Which is bigger, Chemical & Mining Co of Chile or Vulcan Materials?
Chemical & Mining Co of Chile is the larger company: $4.6B of revenue in its latest quarter (FY2025) against $2.2B for Vulcan Materials (Q3 2026).
Is Chemical & Mining Co of Chile or Vulcan Materials growing faster?
Chemical & Mining Co of Chile is growing faster (+1% against -5% a year earlier).
Which is more profitable, Chemical & Mining Co of Chile or Vulcan Materials?
Vulcan Materials is more profitable, with an operating margin of 24.0% against 23.2%.
More: Chemical & Mining Co of Chile earnings · how Chemical & Mining Co of Chile makes money · Vulcan Materials earnings · how Vulcan Materials makes money
From the companies' latest 10-Q, 10-K or earnings release (20-F filed Apr 22, 2026; 10-Q filed Oct 29, 2026). Fiscal quarters can end on different dates. Not investment advice.