LyondellBasell Industries N.V. operates as a chemical company in the United States, Germany, China, Mexico, Italy, Japan, France, Poland, the Netherlands, and internationally. It operates in five segments: Olefins and PolyolefinsAmericas; Olefins and PolyolefinsEurope, Asia, International; Intermediates and Derivatives; Advanced Polymer Solutions; and Technology. The company produces and markets olefins and co-products, such as ethylene, aromatics, propylene and butadiene; polyolefins; polyethylene; polypropylene homopolymers and copolymers; propylene oxide and derivatives; oxyfuels and related products; and intermediate chemicals, such as styrene monomer and acetyls. It also produces and markets compounding and solutions, including polypropylene compounds, engineered plastics, masterbatches, and engineered composites and colors. In addition, it develops and licenses chemical and polyolefin process technologies; and manufactures and sells polyolefin catalysts and serves food packaging, home furnishings, automotive components, and paints and coatings applications. LyondellBasell Industries N.V. was incorporated in 2009 and is headquartered in London, the United Kingdom.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $30.2B | $1.2B | $-745M | $384M | -7.4% | -9.7% | -154.8% |
| 2024 | $33.4B | $3.7B | $1.4B | $2.0B | 10.9% | 0.2% | -35.7% |
| 2023 | $33.3B | $4.3B | $2.1B | $3.4B | 16.3% | -33.9% | -45.5% |
| 2022 | $50.5B | $6.3B | $3.9B | $4.2B | 30.8% | - | - |
| 2021 |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 50,451 | 33,336 | 33,394 | 30,153 |
| Operating Revenue | - | 50,451 | 33,336 | 33,394 | 30,153 |
| Cost Of Revenue | - | 43,847 | 28,435 | 28,750 | 27,576 |
| Gross Profit | - | 6,604 | 4,901 | 4,644 | 2,577 |
| Operating Expense | - | 1,434 | 1,669 | 1,777 | 1,746 |
| Research And Development | - | 124 | 130 | 135 | 136 |
| Selling General And Administration | - | 1,310 | 1,539 | 1,642 | 1,610 |
| Total Expenses | - | 45,281 | 30,104 | 30,527 | 29,322 |
| Operating Income | - | 5,170 | 3,232 | 2,867 | 831 |
| Total Operating Income As Reported | - | 5,101 | 2,725 | 1,918 | -420 |
| EBITDA | - | 6,330 | 4,310 | 3,704 | 1,162 |
| Normalized EBITDA | - | 6,399 | 4,817 | 4,369 | 2,419 |
| EBIT | - | 5,063 | 2,776 | 2,182 | -228 |
| Interest Income | - | 29 | 129 | 150 | 97 |
| Interest Expense | - | 287 | 477 | 481 | 487 |
| Net Interest Income | - | -258 | -348 | -331 | -390 |
| Other Non Operating Income Expenses | - | -72 | -58 | 47 | 113 |
| Other Income Expense | - | -136 | -585 | -835 | -1,156 |
| Interest Income Non Operating | - | 29 | 129 | 150 | 97 |
| Interest Expense Non Operating | - | 287 | 477 | 481 | 487 |
| Net Non Operating Interest Income Expense | - | -258 | -348 | -331 | -390 |
| Pretax Income | - | 4,776 | 2,299 | 1,701 | -715 |
| Tax Provision | - | 882 | 433 | 259 | 70 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | -12.74 | -95.32 | -101.08 | -263.97 |
| Net Income Continuous Operations | - | 3,894 | 1,866 | 1,442 | -785 |
| Net Income From Continuing And Discontinued Operation | - | 3,882 | 2,114 | 1,360 | -745 |
| Net Income From Continuing Operation Net Minority Interest | - | 3,887 | 1,859 | 1,435 | -792 |
| Net Income | - | 3,882 | 2,114 | 1,360 | -745 |
| Net Income Common Stockholders | - | 3,872 | 2,107 | 1,354 | -752 |
| Net Income Including Noncontrolling Interests | - | 3,889 | 2,121 | 1,367 | -738 |
| Normalized Income | - | 3,943.26 | 2,270.68 | 1,998.92 | 201.03 |
| Diluted NI Availto Com Stockholders | - | 3,872 | 2,107 | 1,354 | -752 |
| Basic Average Shares | - | 327 | 325 | 325 | 322 |
| Diluted Average Shares | - | 328 | 326 | 326 | 322 |
| Reconciled Depreciation | - | 1,267 | 1,534 | 1,522 | 1,390 |
| Reconciled Cost Of Revenue | - | 43,847 | 28,435 | 28,750 | 27,576 |
| Total Unusual Items | - | -69 | -507 | -665 | -1,257 |
| Total Unusual Items Excluding Goodwill | - | -69 | -507 | -665 | -1,257 |
| Minority Interests | - | -7 | -7 | -7 | -7 |
| Net Income Discontinuous Operations | - | -5 | 255 | -75 | 47 |
| Special Income Charges | - | -69 | -507 | -665 | -1,257 |
| Gain On Sale Of Business | - | 0 | 0 | 284 | -6 |
| Write Off | - | 69 | 255 | 949 | 279 |
| Impairment Of Capital Assets | - | 69 | 252 | 0 | 972 |
| Otherunder Preferred Stock Dividend | - | 10 | 7 | 6 | 7 |
| Earnings From Equity Interest | - | 5 | -20 | -217 | -12 |
Basic Materials sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| LyondellBasell Industries N.V.this co. | LYB | $21.4B | - | 2.12 | -7.5% | 28.02 |
| Vulcan Materials Company | VMC | $36.7B | 34.11 | 4.31 | 12.6% | 17.57 |
| Martin Marietta Materials, Inc. | MLM | $34.9B | 30.68 | 3.48 | 11.3% | 19.36 |
| Dow Inc. | DOW | $25.1B | -9.56 | 1.57 | -16.4% | 34.39 |
| PPG Industries, Inc. | PPG | $25.0B |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 15.83 |
| 3.14 |
| 19.8% |
| 10.91 |
| Albemarle Corporation | ALB | $19.5B | - | 2.05 | -7.1% | 67.51 |
| DuPont de Nemours, Inc. | DD | $19.3B | -24.78 | 1.39 | -5.6% | 18.78 |
| International Flavors & Fragrances Inc. | IFF | $18.7B | - | 1.32 | -2.6% | 31.74 |
| CF Industries Holdings, Inc. | CF | $18.1B | 12.41 | 3.73 | 30.1% | 6.01 |
| Peer Median | - | 14.12 | 2.60 | 4.4% | 19.07 | |