LyondellBasell Industries N.V.

LYB · NYSE · USD

Financials

Annual

StatisticsIncome statementBalance sheetCash flowDividendsSegments

Valuation and market statistics · USD millions unless noted · ratios on the twelve months ending at each period

Line item	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009	FY2008	FY2007
Valuation
Market cap	$13,937	$24,120	$30,840	$27,037	$30,693	$30,503	$31,441	$27,674	$36,713	$28,546	$28,919	$38,661	$44,060	$32,656	$18,454	$19,402	–	–	–
Enterprise value	$24,437	$31,070	$38,033	$38,075	$42,825	$45,544	$43,957	$35,860	$42,503	$35,530	$34,983	$43,112	$45,481	$32,646	$21,475	$21,323	–	–	–
P/E (TTM) at period end	–	17.74×	14.59×	6.96×	5.47×	21.53×	9.27×	5.90×	7.52×	7.44×	6.47×	9.28×	11.44×	11.38×	8.64×	1.91×	–	–	–
P/S (TTM) at period end	0.46×	0.72×	0.93×	0.54×	0.66×	1.10×	0.91×	0.71×	1.06×	0.98×	0.88×	0.85×	1.00×	0.72×	0.38×	0.47×	–	–	–
P/B at period end	1.38×	1.94×	2.39×	2.14×	2.59×	3.83×	3.91×	2.70×	4.10×	4.72×	4.42×	4.65×	3.53×	2.93×	1.74×	1.68×	–	–	–
EV / EBITDA (TTM)	25.19×	9.03×	8.93×	5.98×	5.24×	15.47×	8.10×	5.54×	6.41×	5.80×	4.88×	6.38×	7.43×	5.77×	4.08×	5.24×	–	–	–
EV / Sales (TTM)	0.81×	0.93×	1.14×	0.75×	0.93×	1.64×	1.27×	0.92×	1.23×	1.22×	1.07×	0.95×	1.03×	0.72×	0.45×	0.52×	–	–	–
Returns
Return on equity	(7.4%)	10.9%	16.3%	30.8%	47.3%	17.8%	42.1%	45.7%	54.5%	63.4%	68.3%	50.1%	30.9%	25.8%	20.2%	88.0%	–	–	–
Return on invested capital	(1.9%)	7.4%	9.8%	17.6%	23.4%	6.6%	16.7%	23.9%	30.3%	26.2%	32.3%	29.2%	28.4%	28.7%	22.3%	21.9%	–	(31.0%)	–
Dividend yield	12.7%	7.1%	5.2%	12.0%	4.8%	4.6%	4.6%	5.6%	3.9%	4.9%	4.9%	3.6%	2.6%	7.4%	15.7%	–	–	–	–
Financial health
Current ratio	1.77×	1.83×	1.84×	1.75×	1.69×	2.11×	1.83×	1.92×	2.46×	2.11×	2.25×	2.14×	2.65×	2.41×	2.28×	2.85×	0.80×	0.26×	–
Debt / equity	1.22×	0.85×	0.81×	0.86×	0.98×	2.00×	1.50×	0.91×	0.96×	1.48×	1.23×	0.85×	0.47×	0.39×	0.38×	0.52×	(0.78×)	(3.94×)	–
Effective tax rate	(9.8%)	15.2%	18.8%	18.5%	17.1%	(3.1%)	16.0%	11.5%	10.9%	26.5%	27.9%	27.0%	22.7%	31.7%	30.0%	(10.5%)	32.9%	10.4%	29.7%
Share count
Diluted shares outstanding	322	326	326	328	334	334	353	389	399	420	466	521	570	577	572	566	564	564	564

StatisticsIncome statementBalance sheetCash flowDividendsSegments

Income statement · USD millions

Line item	TTM	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009	FY2008	FY2007
Revenue and gross profit
Revenue	$31,192	$30,153	$33,394	$33,336	$50,451	$46,173	$27,753	$34,727	$39,004	$34,484	$29,183	$32,735	$45,608	$44,062	$45,352	$48,183	$41,151	$30,828	$50,706	$17,120
Cost of revenue	($27,212)	($27,576)	($28,750)	($28,435)	($43,847)	($37,397)	($24,359)	($29,301)	($32,529)	($28,059)	($23,191)	($25,683)	($38,939)	($37,940)	($39,595)	($42,732)	($37,102)	($29,372)	($48,780)	($15,196)
Gross profit	$3,980	$2,577	$4,644	$4,901	$6,604	$8,776	$3,394	$5,426	$6,475	$6,425	$5,992	$7,052	$6,669	$6,122	$5,757	$5,451	$4,049	$1,456	$1,926	$1,924
Operating expenses
Research and development	($137)	($136)	($135)	($130)	($124)	($124)	($113)	($111)	($115)	($106)	($99)	($102)	($127)	($150)	($172)	($196)	($154)	($145)	($194)	($230)
Selling, general and administrative	($1,572)	($1,610)	($1,642)	($1,539)	($1,310)	($1,255)	($1,140)	($1,199)	($1,129)	($859)	($833)	($828)	($806)	($870)	($909)	($918)	($872)	($850)	($1,197)	($740)
Total operating expenses	($3,017)	($2,997)	($2,726)	($2,176)	($1,503)	($2,003)	($1,835)	($1,310)	($1,244)	($965)	($932)	($930)	($933)	($1,020)	($1,081)	($1,114)	($1,105)	($1,139)	($7,854)	($990)
Total costs and expenses	($30,229)	($30,573)	($31,476)	($30,611)	($45,350)	($39,400)	($26,194)	($30,611)	($33,773)	($29,024)	($24,123)	($26,613)	($39,872)	($38,960)	($40,676)	($43,846)	($38,207)	($30,511)	($56,634)	($16,186)
Operating income	$963	($420)	$1,918	$2,725	$5,101	$6,773	$1,559	$4,116	$5,231	$5,460	$5,060	$6,122	$5,736	$5,102	$4,676	$4,337	$2,944	$317	($5,928)	$934
Earnings
EBITDA	$2,387	$970	$3,440	$4,259	$6,368	$8,166	$2,944	$5,428	$6,472	$6,634	$6,124	$7,169	$6,755	$6,123	$5,659	$5,268	$4,067	$2,091	($4,017)	$1,406
Interest income	$101	$97	$150	$129	$29	$9	$12	$19	$45	$24	$17	$33	$33	$15	$15	$37	$22	$18	$69	$70
Interest expense	($538)	($487)	($481)	($477)	($287)	($519)	($526)	($347)	($360)	($491)	($322)	($310)	($352)	($309)	($655)	($1,044)	($1,258)	($1,795)	($2,476)	($353)
Pre-tax income	($53)	($715)	$1,701	$2,299	$4,776	$6,786	$1,386	$4,052	$5,311	$5,493	$5,233	$6,209	$5,712	$4,996	$4,185	$3,531	$9,069	($4,283)	($8,184)	$940
Income tax expense	($199)	($70)	($259)	($433)	($882)	($1,163)	$43	($648)	($613)	($598)	($1,386)	($1,730)	($1,540)	($1,136)	($1,327)	($1,059)	$953	$1,411	$848	($279)
Net income	($346)	($738)	$1,367	$2,121	$3,889	$5,617	$1,427	$3,397	$4,690	$4,879	$3,836	$4,476	$4,174	$3,857	$2,848	$2,147	$10,151	($2,865)	($7,321)	$661
Per share
Diluted EPS (GAAP)	($1.13)	($2.34)	$4.15	$6.46	$11.81	$16.75	$4.24	$9.58	$12.01	$12.23	$9.13	$9.59	$7.99	$6.75	$4.92	$3.74	$17.87	($5.08)	($12.98)	$1.17
Basic EPS (GAAP)	($1.13)	($2.34)	$4.16	$6.48	$11.84	$16.77	$4.24	$9.59	$12.04	$12.23	$9.15	$9.62	$8.03	$6.80	$4.97	$3.76	$17.87	($5.08)	($12.98)	$1.17
Basic shares outstanding	322	322	325	325	327	334	334	353	389	398	419	465	518	566	573	568	564	564	564	564
Margins
Gross margin	12.8%	8.5%	13.9%	14.7%	13.1%	19.0%	12.2%	15.6%	16.6%	18.6%	20.5%	21.5%	14.6%	13.9%	12.7%	11.3%	9.8%	4.7%	3.8%	11.2%
Operating margin	3.1%	(1.4%)	5.7%	8.2%	10.1%	14.7%	5.6%	11.9%	13.4%	15.8%	17.3%	18.7%	12.6%	11.6%	10.3%	9.0%	7.2%	1.0%	(11.7%)	5.5%
Net margin	(1.1%)	(2.4%)	4.1%	6.4%	7.7%	12.2%	5.1%	9.8%	12.0%	14.1%	13.1%	13.7%	9.2%	8.8%	6.3%	4.5%	24.7%	(9.3%)	(14.4%)	3.9%

Analyst consensus

Hold40 analysts

Bearish · 4 · Hold · 18 · Bullish · 18

Earnings history

	EPS	Estimate
Q3 2024	$1.88	$1.98	Miss
Q4 2024	$0.75	$1.28	Miss
Q1 2025	$0.54	$0.36	Beat
Q2 2025	$0.62	$0.81	Miss
Q3 2025	$1.01	$0.81	Beat
Q4 2025	$-0.26	$0.11	Miss
Q1 2026	$0.49	$0.28	Beat
Q2 2026	$4.30	$3.44	Beat

Peers

Company overview

IPO dateApr 28, 2010

CEOPeter Z. E. Vanacker

Employees18,970

SectorBasic Materials

IndustryChemicals - Specialty

CountryNL

ExchangeNew York Stock Exchange

Websitewww.lyondellbasell.com

LyondellBasell Industries N.V., established in 2009 and based in Houston, Texas, operates as a prominent global chemical manufacturer with a significant international footprint, including the United States, Germany, Mexico, Italy, Poland, France, Japan, China, and the Netherlands. The company's diverse operations are organized into six distinct segments. Its core business involves the production and marketing of olefins and various polyolefins, such as high, low, and linear low-density polyethylene, along with polypropylene homopolymers and copolymers, for markets spanning the Americas, Europe, and Asia. LyondellBasell also focuses on intermediate chemicals and derivatives, offering products like propylene oxide, oxyfuels, styrene monomers, acetyls, and ethylene-based compounds. Furthermore, the company develops and sells advanced polymer solutions, including polypropylene compounds, engineered plastics, masterbatches, engineered composites, colors, and powders. Its activities extend to refining crude oil into gasoline and distillates, as well as the development and licensing of chemical and polyolefin process technologies, alongside the manufacturing and sale of polyolefin catalysts.

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