LyondellBasell Industries N.V. (LYB) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q2 26	$3.42	$4.3	+25.7%	—	$9.2B	—
Q1 26	$0.28	$0.49	+75.0%	—	$7.2B	—
Q4 25	$0.25	-$0.26	-204.0%	—	$7.1B	—
Q3 25	$0.8	$1.01	+26.2%	—	$7.7B	—
Q2 25	$0.78	$0.62	-20.5%	—	$7.7B	—
Q1 25	$0.43	$0.33	-23.3%	—	$7.7B	—
Q4 24	$0.7	$0.75	+7.1%	—	$9.5B	—
Q3 24	$1.96	$1.88	-4.1%	—	$10.3B	—
Q2 24	$2.22	$2.24	+0.9%	—	$10.6B	—
Q1 24	$1.37	$1.53	+11.7%	—	$9.9B	—
Q4 23	$1.34	$1.26	-6.0%	—	$9.9B	—
Q3 23	$2.01	$2.46	+22.4%	—	$10.6B	—
Q2 23	$2.3	$2.44	+6.1%	—	$10.3B	—
Q1 23	$1.74	$2.5	+43.7%	—	$10.2B	—
Q4 22	$1.27	$1.29	+1.6%	—	$10.2B	—
Q3 22	$2.93	$1.96	-33.1%	—	$12.3B	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	-$2.34	—	—	$30.2B	—
FY24	—	$4.16	—	—	$40.3B	—
FY23	—	$6.48	—	—	$41.1B	—
FY22	—	$11.8	—	—	$50.5B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$29.2B	$34.5B	$39B	$34.7B	$27.8B	$46.2B	$50.5B	$41.1B	$40.3B	$30.2B
YoY change	-10.9%	+18.2%	+13.1%	-11%	-20.1%	+66.4%	+9.27%	-18.5%	-1.96%	-25.2%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	29.2B	34.5B	39B	34.7B	27.8B	46.2B	50.5B	41.1B	40.3B	30.2B
Cost of revenue	23.2B	28.1B	32.5B	29.3B	24.4B	37.4B	43.8B	35.8B	35.7B	27.6B
Gross profit	6B	6.4B	6.5B	5.4B	3.4B	8.8B	6.6B	5.3B	4.6B	2.6B
Gross margin	20.5%	18.6%	16.6%	15.6%	12.2%	19%	13.1%	12.8%	11.3%	8.55%
Research & development	99M	106M	115M	111M	113M	124M	124M	130M	135M	136M
Selling, general & administrative	833M	859M	1.1B	1.2B	1.1B	1.3B	1.3B	1.6B	1.7B	1.6B
Operating expenses	932M	965M	1.2B	1.3B	1.3B	1.4B	1.4B	1.7B	1.8B	1.7B
Operating income	5.1B	5.5B	5.2B	4.1B	2.1B	7.4B	5.2B	3.6B	2.8B	831M
Operating margin	17.3%	15.8%	13.4%	11.9%	7.71%	16%	10.2%	8.69%	6.86%	2.76%
Non-operating income, net	478M	500M	395M	264M	-241M	-101M	-136M	-596M	-832M	-1.2B
Pretax income	5.2B	5.5B	5.3B	4.1B	1.4B	6.8B	4.8B	2.6B	1.6B	-715M
Income tax	1.4B	598M	613M	648M	-43M	1.2B	882M	501M	240M	70M
Net income	3.8B	4.9B	4.7B	3.4B	1.4B	5.6B	3.9B	2.1B	1.4B	-738M
Net margin	13.1%	14.1%	12%	9.78%	5.14%	12.2%	7.71%	5.16%	3.39%	-2.45%
EBITDA	6.6B	7.2B	6.9B	5.7B	3.9B	9.3B	6.4B	5.2B	4.3B	2.4B
EPS	9.5	12.4	12	9.59	4.24	16.8	11.8	6.48	4.16	-2.34
Diluted EPS	9.13	12.2	12	9.58	4.24	16.8	11.8	6.46	4.15	-2.34

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	10.6B	9.9B	9.9B	10.6B	10.3B	9.5B	7.7B	7.7B	7.7B	7.1B	7.2B	9.2B
Cost of revenue	9.2B	8.9B	8.8B	9.1B	9.1B	8.7B	7.1B	6.9B	6.8B	6.8B	6.5B	7.1B
Gross profit	1.4B	989M	1.2B	1.4B	1.2B	750M	549M	787M	906M	335M	701M	2B
Gross margin	13.6%	9.96%	11.7%	13.4%	12%	7.9%	7.15%	10.3%	11.7%	4.72%	9.74%	22.2%
Research & development	31M	34M	32M	33M	31M	39M	34M	35M	34M	33M	36M	34M
Selling, general & administrative	378M	399M	426M	407M	404M	426M	401M	435M	401M	373M	411M	387M
Operating expenses	409M	433M	458M	440M	435M	465M	435M	470M	435M	406M	447M	421M
Operating income	1B	556M	704M	970M	807M	285M	114M	317M	471M	-71M	254M	1.6B
Operating margin	9.78%	5.6%	7.09%	9.19%	7.82%	3%	1.48%	4.14%	6.1%	-1%	3.53%	17.6%
Non-operating income, net	-50M	-297M	-22M	287M	-14M	-1.1B	22M	4M	-1.2B	36M	-10M	-695M
Pretax income	901M	179M	596M	1.2B	711M	-878M	59M	224M	-856M	-142M	137M	808M
Income tax	153M	-7M	122M	249M	134M	-265M	36M	69M	-27M	-8M	-2M	236M
Net income	747M	185M	473M	924M	573M	-603M	177M	115M	-890M	-140M	125M	559M
Net margin	7.03%	1.86%	4.77%	8.75%	5.55%	-6.35%	2.31%	1.5%	-11.5%	-1.97%	1.74%	6.09%
EBITDA	1.4B	921M	1.1B	1.7B	1.2B	580M	489M	706M	832M	392M	632M	2.1B
EPS	2.29	—	1.45	2.82	1.76	—	0.54	0.34	-2.77	—	0.38	1.71
Diluted EPS	2.29	—	1.44	2.82	1.75	—	0.54	0.34	-2.77	—	0.38	1.71

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	34.7B	43.5B	32.3B	33.4B	30.6B	30.8B	27.2B	30.9B	24.1B	13.9B	18.8B
Enterprise value	41.6B	49.3B	40.5B	45.8B	45.6B	42.9B	38.2B	40.5B	33.7B	25.1B	30.6B
Shares outstanding	404M	394.5M	389M	353M	334M	334M	327M	325M	325M	322M	322M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	9.03	8.92	6.9	9.82	21.5	5.48	6.98	14.6	17.7	—	96.2
P/S	1.19	1.26	0.83	0.96	1.1	0.67	0.54	0.75	0.6	0.46	0.61
P/B	5.71	4.86	3.11	4.08	3.78	2.57	2.13	2.37	1.92	1.37	1.78
EV/EBITDA	6.29	6.89	5.86	8.03	11.8	4.6	5.97	7.86	7.89	10.4	8.57
EV/Sales	1.43	1.43	1.04	1.32	1.64	0.93	0.76	0.99	0.84	0.83	0.98
Earnings yield	11.1%	11.2%	14.5%	10.2%	4.66%	18.2%	14.3%	6.86%	5.66%	—	1.04%
FCF yield	9.7%	8.41%	10.4%	6.8%	4.76%	18.6%	15.6%	11%	8.2%	2.75%	6.52%
PEG	—	—	—	—	—	—	—	—	—	—	0.24

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	20.5%	18.6%	16.6%	15.6%	12.2%	19%	13.1%	12.8%	11.3%	8.55%	22.2%
Operating margin	17.3%	15.8%	13.4%	11.9%	7.71%	16%	10.2%	8.69%	6.86%	2.76%	17.9%
Net margin	13.1%	14.1%	12%	9.78%	5.14%	12.2%	7.71%	5.16%	3.39%	-2.45%	-1.13%
ROE	63.2%	54.5%	45.1%	41.5%	17.6%	46.9%	30.5%	16.2%	10.9%	-7.23%	-2.27%
ROA	16.4%	18.6%	16.6%	11.2%	4.03%	15.3%	10.7%	5.73%	3.82%	-2.17%	4.11%
ROIC	28.5%	33%	24.9%	16.7%	9.26%	25.4%	17.7%	12.7%	10.6%	3.88%	10.1%
Return on tangible assets	18%	20.4%	20.6%	13.6%	4.76%	17.8%	12.4%	6.54%	4.34%	-2.33%	-1.07%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	2.11	2.46	1.92	1.83	2.11	1.69	1.75	1.84	1.83	1.77	1.64
Quick ratio	1.28	1.57	1.1	0.95	1.32	1.01	1.04	1.17	1.13	1.2	1.07
Debt / equity	1.48	0.96	0.9	1.66	2.16	1.13	1.03	1	1.03	1.43	1.33
Debt / assets	0.38	0.33	0.33	0.45	0.49	0.37	0.36	0.35	0.36	0.43	0.41
Net debt / EBITDA	1.05	0.81	1.18	2.19	3.87	1.3	1.72	1.86	2.24	4.63	2.93
Interest coverage	17.3	12.2	15.8	12.7	3.63	14.1	17.6	6.51	4.33	-0.47	0.9
Effective tax rate	26.5%	10.9%	11.5%	16%	0%	17.1%	18.5%	19.1%	15%	0%	0%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	72.2	87.4	100.3	98.4	83.1	138.2	154.3	126.5	124	93.6	96.9
EPS (basic)	9.5	12.4	12	9.59	4.24	16.8	11.8	6.48	4.16	-2.34	-2.34
EPS (diluted)	9.13	12.2	12	9.58	4.24	16.8	11.8	6.46	4.15	-2.34	-0.83
Book value per share	15	22.7	26.7	23.2	24.3	35.9	39	40.2	38.7	31.7	33
FCF per share	8.32	9.27	8.65	6.42	4.36	17.2	12.9	10.5	6.09	1.19	4.89
Cash per share	5	7.17	3.15	2.99	7.38	4.43	6.58	10.4	10.4	10.7	8.2
Capex per share	5.55	3.92	5.41	7.63	5.83	5.87	5.78	4.71	—	5.83	4.32

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	7.69%	4.49%	5.4%	7.76%	7.02%	4.24%	3.75%	3.72%	—	6.23%	4.47%
Capex / operating cash flow	39.5%	29.3%	38.3%	54.5%	66.7%	27.1%	33.1%	36.2%	—	83%	46.9%
Payout ratio	36.4%	29%	33.1%	43%	98.5%	26.5%	83.5%	75.9%	125.8%	-239%	1.1K%
Dividend yield	4.03%	3.25%	4.8%	4.38%	4.59%	4.82%	12%	5.21%	7.13%	12.7%	4.74%

Yield

4.74%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.69

ex-dividend Aug 24, 2026

Payout ratio

1147%

of earnings

Dividend growth

2 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Aug 24, 2026	$0.69
Jun 1, 2026	$0.69
Mar 2, 2026	$0.69

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$10.6B	$9.9B	$9.9B	$10.6B	$10.3B	$9.5B	$7.7B	$7.7B	$7.7B	$7.1B	$7.2B	$9.2B
YoY change	-13.3%	-2.71%	-3.14%	+2.45%	-2.85%	-4.35%	-22.6%	-27.5%	-25.1%	-25.3%	-6.25%	+19.8%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	2B	2.8B	1.2B	1.1B	2.5B	1.5B	2.2B	3.4B	3.4B	3.4B
Receivables	2.8B	3.5B	3.5B	3.1B	3.3B	4.6B	3.4B	3.4B	3.1B	2.4B
Inventory	3.8B	4.2B	4.5B	4.6B	4.3B	4.9B	4.8B	4.8B	4.7B	3.5B
Total current assets	9.6B	11.7B	10.6B	9.5B	11.6B	12.2B	11.8B	13.2B	12.3B	10.9B
Property, plant & equipment	9.5B	10.2B	11.6B	14.5B	14.6B	15.3B	14.8B	14.6B	14B	14.7B
Goodwill & intangibles	2.2B	2.3B	5.6B	5.5B	5.4B	5.1B	5B	4.6B	4.3B	2.3B
Total assets	23.4B	26.2B	28.3B	30.4B	35.4B	36.7B	36.4B	37B	35.7B	34B
Accounts payable	2B	2.3B	2.6B	2.5B	2.4B	3.5B	3.1B	3.4B	3.7B	2.7B
Short-term debt	596M	70M	890M	721M	981M	704M	1.1B	1.3B	972M	1.2B
Total current liabilities	4.5B	4.8B	5.5B	5.2B	5.5B	7.2B	6.8B	7.2B	6.7B	6.1B
Long-term debt	8.4B	8.5B	8.5B	12.8B	16.5B	12.9B	12.1B	11.7B	12B	13.5B
Total liabilities	17.4B	17.3B	17.9B	22.3B	27.3B	24.8B	23.6B	23.9B	23.2B	23.8B
Shareholders' equity	6.1B	8.9B	10.4B	8.2B	8.1B	12B	12.7B	13.1B	12.6B	10.2B
Total debt	9B	8.6B	9.4B	13.6B	17.5B	13.6B	13.2B	13B	12.9B	14.6B
Net debt	8.1B	7.1B	9.1B	12.7B	15.7B	12.1B	11B	9.6B	9.5B	11.2B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	2.8B	3.4B	2.3B	2.8B	2.6B	3.4B	1.9B	1.7B	1.8B	3.4B	2.6B	2.6B
Receivables	3.7B	3.4B	4B	3.9B	3.7B	3.1B	3.6B	3.1B	2.8B	2.4B	3B	3.8B
Inventory	4.9B	4.8B	4.9B	5.1B	5.3B	4.7B	4.9B	4.6B	4.4B	3.5B	3.6B	4.1B
Total current assets	13.2B	13.2B	12.9B	12.9B	12.7B	12.3B	11.4B	11.1B	10.8B	10.9B	11.1B	11.7B
Property, plant & equipment	16.7B	14.6B	17B	17B	17.3B	14B	16.9B	17.2B	17.2B	14.7B	17.2B	17.2B
Goodwill & intangibles	4.5B	4.6B	4.5B	4.4B	4.5B	4.3B	4.4B	4.5B	2.3B	2.3B	2.2B	2.2B
Total assets	36.9B	37B	36.6B	37.1B	37.3B	35.7B	35.2B	35.4B	33.8B	34B	34B	34.5B
Accounts payable	3.1B	3.4B	4B	4.1B	3.6B	3.7B	3.7B	3.1B	2.9B	2.7B	2.9B	3.2B
Short-term debt	893M	1.3B	171M	173M	128M	972M	615M	614M	1.2B	1.2B	1.7B	1.7B
Total current liabilities	7B	7.2B	6.1B	6.1B	6B	6.7B	6.2B	6.2B	6.9B	6.1B	7.2B	7.1B
Long-term debt	11.6B	11.7B	12.4B	12.4B	12.5B	12B	12B	12.6B	12B	13.5B	12.6B	12.5B
Total liabilities	23.5B	23.9B	23.5B	23.5B	23.4B	23.2B	22.9B	23.3B	23.1B	23.8B	23.8B	23.7B
Shareholders' equity	13.3B	13.1B	13.1B	13.6B	13.8B	12.6B	12.3B	12B	10.7B	10.2B	10.2B	10.8B
Total debt	12.5B	13B	12.6B	12.6B	12.6B	12.9B	12.7B	13.2B	13.2B	14.6B	14.3B	14.2B
Net debt	9.7B	9.6B	10.3B	9.7B	10B	9.5B	10.8B	11.5B	11.4B	11.2B	11.6B	11.6B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	3.8B	4.9B	4.7B	3.4B	1.4B	5.6B	3.9B	2.1B	1.4B	-738M
Depreciation & amortization	1.1B	1.2B	1.2B	1.3B	1.4B	1.4B	1.3B	1.5B	1.5B	1.4B
Stock-based compensation	38M	55M	39M	48M	55M	66M	70M	91M	91M	91M
Change in working capital	123M	-593M	93M	-13M	311M	-960M	450M	269M	30M	864M
Operating cash flow	5.7B	5.3B	5.5B	4.9B	2.9B	7.2B	5.7B	4.2B	2.8B	2.3B
Capital expenditure	-2.2B	-1.5B	-2.1B	-2.7B	-1.9B	-2B	-1.9B	-1.5B	—	-1.9B
Investing cash flow	-2.3B	-1.8B	-3.6B	-1.6B	-4.9B	-1.6B	-2B	-1.8B	-14M	-1.8B
Dividends paid	-1.4B	-1.4B	-1.6B	-1.5B	-1.4B	-1.5B	-3.2B	-1.6B	-1.7B	-1.8B
Share repurchases	-2.9B	-866M	-1.9B	-3.8B	-4M	-463M	-420M	-211M	-195M	-201M
Financing cash flow	-3.3B	-3.4B	-3B	-4.9B	1.8B	-6.4B	-3.4B	-1.9B	-1.9B	-507M
Net change in cash	22M	169M	-1.1B	-1.6B	-222M	-776M	318M	508M	906M	-21M
Free cash flow	3.4B	3.7B	3.4B	2.3B	1.5B	5.7B	4.2B	3.4B	2B	384M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	747M	185M	473M	924M	573M	-603M	177M	115M	-890M	-140M	125M	559M
Depreciation & amortization	367M	380M	365M	387M	381M	389M	323M	332M	350M	385M	342M	347M
Stock-based compensation	23M	20M	34M	19M	18M	20M	35M	20M	15M	21M	47M	19M
Change in working capital	158M	716M	-629M	63M	-497M	1.1B	-716M	117M	211M	1.3B	-602M	-890M
Operating cash flow	1.6B	1.2B	-142M	1.6B	589M	785M	-578M	351M	983M	1.5B	-269M	752M
Capital expenditure	-394M	-484M	—	—	—	—	—	-539M	-406M	-450M	-269M	-270M
Investing cash flow	119M	-606M	-27M	-17M	-115M	-43M	53M	-262M	-439M	-403M	-279M	-205M
Dividends paid	-407M	-406M	-408M	-438M	-437M	-437M	-433M	-445M	-443M	-443M	-224M	-224M
Share repurchases	-41M	0	0	-75M	-42M	-78M	-110M	-91M	0	0	0	0
Financing cash flow	-844M	-405M	-412M	-481M	-484M	-518M	-547M	-51M	-448M	539M	-236M	-233M
Net change in cash	863M	161M	-581M	1.1B	-10M	224M	-1.1B	38M	96M	1.6B	-784M	314M
Free cash flow	1.3B	1B	-597M	864M	302M	1.4B	-1.1B	-188M	577M	1.1B	-538M	482M

LyondellBasell Industries N.V. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement