This page shows Lyondellbasell Industries N V (LYB) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores
Lyondellbasell Industries N V has an operating margin of -1.4%, meaning the company retains $-1 of operating profit per $100 of revenue. This below-average margin results in a low score of 19/100, suggesting thin profitability after operating expenses. This is down from 5.7% the prior year.
Lyondellbasell Industries N V's revenue declined 9.7% year-over-year, from $33.4B to $30.2B. This contraction results in a growth score of 17/100.
Lyondellbasell Industries N V carries a low D/E ratio of 1.20, meaning only $1.20 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 78/100, indicating a strong balance sheet with room for future borrowing.
Lyondellbasell Industries N V's current ratio of 1.77 indicates adequate short-term liquidity, earning a score of 31/100. The company can meet its near-term obligations, though with limited headroom.
While Lyondellbasell Industries N V generated $2.3B in operating cash flow, capex of $1.9B consumed most of it, leaving $384.0M in free cash flow. This results in a low score of 28/100, reflecting heavy capital investment rather than weak cash generation.
Lyondellbasell Industries N V generates a -7.3% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100. This is down from 11.0% the prior year.
Lyondellbasell Industries N V passes 3 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Lyondellbasell Industries N V generates $-3.07 in operating cash flow ($2.3B OCF vs -$738.0M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Lyondellbasell Industries N V earns $-0.9 in operating income for every $1 of interest expense (-$420.0M vs $487.0M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
Lyondellbasell Industries N V generated $30.2B in revenue in fiscal year 2025. This represents a decrease of 9.7% from the prior year.
Lyondellbasell Industries N V's EBITDA was $970.0M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 71.8% from the prior year.
Lyondellbasell Industries N V reported -$738.0M in net income in fiscal year 2025. This represents a decrease of 154.0% from the prior year.
Lyondellbasell Industries N V earned $-2.34 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 156.4% from the prior year.
Cash & Balance Sheet
Lyondellbasell Industries N V generated $384.0M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 80.6% from the prior year.
Lyondellbasell Industries N V held $3.4B in cash against $12.1B in long-term debt as of fiscal year 2025.
Lyondellbasell Industries N V paid $5.45 per share in dividends in fiscal year 2025. This represents an increase of 3.4% from the prior year.
Lyondellbasell Industries N V had 322M shares outstanding in fiscal year 2025. This represents a decrease of 0.6% from the prior year.
Margins & Returns
Lyondellbasell Industries N V's gross margin was 8.6% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 5.4 percentage points from the prior year.
Lyondellbasell Industries N V's operating margin was -1.4% in fiscal year 2025, reflecting core business profitability. This is down 7.1 percentage points from the prior year.
Lyondellbasell Industries N V's net profit margin was -2.5% in fiscal year 2025, showing the share of revenue converted to profit. This is down 6.5 percentage points from the prior year.
Lyondellbasell Industries N V's ROE was -7.3% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 18.3 percentage points from the prior year.
Capital Allocation
Lyondellbasell Industries N V invested $136.0M in research and development in fiscal year 2025. This represents an increase of 0.7% from the prior year.
Lyondellbasell Industries N V spent $201.0M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 3.1% from the prior year.
Lyondellbasell Industries N V invested $1.9B in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 2.1% from the prior year.
LYB Income Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $7.1B-8.2% | $7.7B+0.9% | $7.7B-0.2% | $7.7B-1.7% | $7.8B-9.3% | $8.6B-0.9% | $8.7B+4.5% | $8.3B |
| Cost of Revenue | $6.8B-1.0% | $6.8B-0.7% | $6.9B-3.6% | $7.1B+1.8% | $7.0B-4.1% | $7.3B+0.8% | $7.2B+0.6% | $7.2B |
| Gross Profit | $335.0M-63.0% | $906.0M+15.1% | $787.0M+43.4% | $549.0M-31.8% | $805.0M-38.1% | $1.3B-9.3% | $1.4B+29.9% | $1.1B |
| R&D Expenses | $33.0M-2.9% | $34.0M-2.9% | $35.0M+2.9% | $34.0M-12.8% | $39.0M+25.8% | $31.0M-6.1% | $33.0M+3.1% | $32.0M |
| SG&A Expenses | $373.0M-7.0% | $401.0M-7.8% | $435.0M+8.5% | $401.0M-4.3% | $419.0M+4.8% | $400.0M-0.5% | $402.0M-4.5% | $421.0M |
| Operating Income | -$88.0M+88.0% | -$731.0M-356.5% | $285.0M+150.0% | $114.0M+119.1% | -$597.0M-169.0% | $865.0M-13.4% | $999.0M+53.5% | $651.0M |
| Interest Expense | $132.0M+1.5% | $130.0M+10.2% | $118.0M+10.3% | $107.0M-7.8% | $116.0M-1.7% | $118.0M-1.7% | $120.0M-5.5% | $127.0M |
| Income Tax | -$8.0M+70.4% | -$27.0M-139.1% | $69.0M+91.7% | $36.0M+114.1% | -$255.0M-268.9% | $151.0M-40.3% | $253.0M+130.0% | $110.0M |
| Net Income | -$140.0M+84.3% | -$890.0M-873.9% | $115.0M-35.0% | $177.0M+129.4% | -$603.0M-205.2% | $573.0M-38.0% | $924.0M+95.3% | $473.0M |
| EPS (Diluted) | N/A | $-2.77-914.7% | $0.34-37.0% | $0.54 | N/A | $1.75-37.9% | $2.82+95.8% | $1.44 |
LYB Balance Sheet
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $34.0B+0.6% | $33.8B-4.4% | $35.4B+0.5% | $35.2B-1.6% | $35.7B-4.1% | $37.3B+0.5% | $37.1B+1.2% | $36.6B |
| Current Assets | $10.9B+1.0% | $10.8B-2.9% | $11.1B-2.9% | $11.4B-7.1% | $12.3B-3.7% | $12.7B-1.3% | $12.9B+0.3% | $12.9B |
| Cash & Equivalents | $3.4B+93.0% | $1.8B+4.9% | $1.7B-8.9% | $1.9B-44.7% | $3.4B+28.8% | $2.6B-7.7% | $2.8B+22.7% | $2.3B |
| Inventory | $3.5B-19.9% | $4.4B-3.5% | $4.6B-7.3% | $4.9B+5.8% | $4.7B-11.5% | $5.3B+3.7% | $5.1B+4.5% | $4.9B |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | $708.0M0.0% | $708.0M-57.8% | $1.7B+5.1% | $1.6B+2.2% | $1.6B-4.4% | $1.6B+1.9% | $1.6B-1.5% | $1.6B |
| Total Liabilities | $23.9B+3.2% | $23.2B-1.1% | $23.4B+2.0% | $23.0B-1.3% | $23.3B-1.1% | $23.5B-0.3% | $23.6B-0.1% | $23.6B |
| Current Liabilities | $6.1B-10.6% | $6.9B+9.7% | $6.2B+0.1% | $6.2B-6.9% | $6.7B+11.9% | $6.0B-2.5% | $6.1B+1.0% | $6.1B |
| Long-Term Debt | $12.1B+13.9% | $10.6B-5.1% | $11.2B+5.7% | $10.6B+0.7% | $10.5B-5.4% | $11.1B+1.0% | $11.0B-0.1% | $11.0B |
| Total Equity | $10.1B-4.9% | $10.6B-11.0% | $11.9B-2.5% | $12.2B-2.0% | $12.5B-9.1% | $13.7B+2.0% | $13.4B+3.6% | $13.0B |
| Retained Earnings | $6.8B-7.9% | $7.4B-15.3% | $8.7B-3.7% | $9.1B-2.8% | $9.3B-10.0% | $10.4B+1.3% | $10.2B+4.9% | $9.8B |
LYB Cash Flow Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $1.5B+53.3% | $983.0M+180.1% | $351.0M+160.6% | -$579.0M-130.2% | $1.9B+185.8% | $670.0M-50.3% | $1.3B+1282.5% | -$114.0M |
| Capital Expenditures | $450.0M+10.8% | $406.0M-24.7% | $539.0M+11.6% | $483.0M-4.2% | $504.0M+37.0% | $368.0M-24.0% | $484.0M+0.2% | $483.0M |
| Free Cash Flow | $1.1B+83.2% | $577.0M+406.9% | -$188.0M+82.3% | -$1.1B-175.3% | $1.4B+367.2% | $302.0M-65.0% | $864.0M+244.7% | -$597.0M |
| Investing Cash Flow | -$403.0M+8.2% | -$439.0M+12.9% | -$504.0M-17.2% | -$430.0M+21.4% | -$547.0M-13.3% | -$483.0M-54.3% | -$313.0M+38.6% | -$510.0M |
| Financing Cash Flow | $539.0M+220.3% | -$448.0M-778.4% | -$51.0M+90.7% | -$547.0M-5.6% | -$518.0M-7.0% | -$484.0M-0.6% | -$481.0M-16.7% | -$412.0M |
| Dividends Paid | $443.0M0.0% | $443.0M-0.4% | $445.0M+2.8% | $433.0M-0.9% | $437.0M0.0% | $437.0M-0.2% | $438.0M+7.4% | $408.0M |
| Share Buybacks | $0 | $0-100.0% | $91.0M-17.3% | $110.0M+41.0% | $78.0M+85.7% | $42.0M-44.0% | $75.0M | $0 |
LYB Financial Ratios
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 4.7%-7.0pp | 11.7%+1.4pp | 10.3%+3.1pp | 7.1%-3.2pp | 10.3%-4.8pp | 15.1%-1.4pp | 16.5%+3.2pp | 13.3% |
| Operating Margin | -1.2%+8.2pp | -9.5%-13.2pp | 3.7%+2.2pp | 1.5%+9.1pp | -7.6%-17.7pp | 10.1%-1.5pp | 11.5%+3.7pp | 7.8% |
| Net Margin | -2.0%+9.6pp | -11.5%-13.0pp | 1.5%-0.8pp | 2.3%+10.0pp | -7.7%-14.4pp | 6.7%-4.0pp | 10.7%+4.9pp | 5.7% |
| Return on Equity | -1.4%+7.0pp | -8.4%-9.4pp | 1.0%-0.5pp | 1.5%+6.3pp | -4.8%-9.0pp | 4.2%-2.7pp | 6.9%+3.2pp | 3.6% |
| Return on Assets | -0.4%+2.2pp | -2.6%-3.0pp | 0.3%-0.2pp | 0.5%+2.2pp | -1.7%-3.2pp | 1.5%-0.9pp | 2.5%+1.2pp | 1.3% |
| Current Ratio | 1.77+0.2 | 1.57-0.2 | 1.77-0.1 | 1.830.0 | 1.83-0.3 | 2.13+0.0 | 2.10-0.0 | 2.12 |
| Debt-to-Equity | 1.20+0.2 | 1.00+0.1 | 0.94+0.1 | 0.87+0.0 | 0.85+0.0 | 0.810.0 | 0.82-0.0 | 0.85 |
| FCF Margin | 14.9%+7.4pp | 7.5%+9.9pp | -2.5%+11.4pp | -13.8%-31.9pp | 18.1%+14.6pp | 3.5%-6.5pp | 10.0%+17.1pp | -7.2% |
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Frequently Asked Questions
What is Lyondellbasell Industries N V's annual revenue?
Lyondellbasell Industries N V (LYB) reported $30.2B in total revenue for fiscal year 2025. This represents a -9.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Lyondellbasell Industries N V's revenue growing?
Lyondellbasell Industries N V (LYB) revenue declined by 9.7% year-over-year, from $33.4B to $30.2B in fiscal year 2025.
Is Lyondellbasell Industries N V profitable?
No, Lyondellbasell Industries N V (LYB) reported a net income of -$738.0M in fiscal year 2025, with a net profit margin of -2.5%.
What is Lyondellbasell Industries N V's EBITDA?
Lyondellbasell Industries N V (LYB) had EBITDA of $970.0M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Lyondellbasell Industries N V have?
As of fiscal year 2025, Lyondellbasell Industries N V (LYB) had $3.4B in cash and equivalents against $12.1B in long-term debt.
What is Lyondellbasell Industries N V's gross margin?
Lyondellbasell Industries N V (LYB) had a gross margin of 8.6% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Lyondellbasell Industries N V's operating margin?
Lyondellbasell Industries N V (LYB) had an operating margin of -1.4% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Lyondellbasell Industries N V's net profit margin?
Lyondellbasell Industries N V (LYB) had a net profit margin of -2.5% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does Lyondellbasell Industries N V pay dividends?
Yes, Lyondellbasell Industries N V (LYB) paid $5.45 per share in dividends during fiscal year 2025.
What is Lyondellbasell Industries N V's return on equity (ROE)?
Lyondellbasell Industries N V (LYB) has a return on equity of -7.3% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Lyondellbasell Industries N V's free cash flow?
Lyondellbasell Industries N V (LYB) generated $384.0M in free cash flow during fiscal year 2025. This represents a -80.6% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Lyondellbasell Industries N V's operating cash flow?
Lyondellbasell Industries N V (LYB) generated $2.3B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Lyondellbasell Industries N V's total assets?
Lyondellbasell Industries N V (LYB) had $34.0B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Lyondellbasell Industries N V's capital expenditures?
Lyondellbasell Industries N V (LYB) invested $1.9B in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Lyondellbasell Industries N V spend on research and development?
Lyondellbasell Industries N V (LYB) invested $136.0M in research and development during fiscal year 2025.
What is Lyondellbasell Industries N V's current ratio?
Lyondellbasell Industries N V (LYB) had a current ratio of 1.77 as of fiscal year 2025, which is generally considered healthy.
What is Lyondellbasell Industries N V's debt-to-equity ratio?
Lyondellbasell Industries N V (LYB) had a debt-to-equity ratio of 1.20 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Lyondellbasell Industries N V's return on assets (ROA)?
Lyondellbasell Industries N V (LYB) had a return on assets of -2.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Lyondellbasell Industries N V's Piotroski F-Score?
Lyondellbasell Industries N V (LYB) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Lyondellbasell Industries N V's earnings high quality?
Lyondellbasell Industries N V (LYB) has an earnings quality ratio of -3.07x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Lyondellbasell Industries N V cover its interest payments?
Lyondellbasell Industries N V (LYB) has an interest coverage ratio of -0.9x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Lyondellbasell Industries N V?
Lyondellbasell Industries N V (LYB) scores 29 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.