FirmAtlas
Company handbook · LYB · Prepared by FirmAtlas · firmatlas.app · printed 2026-10-17
LYB · CIK 1489393 · LATEST FILING: 10-Q JUN '26 · FILED JUL 31, 2026
LyondellBasell Industries N.V.
$64.01
+1.34 (+2.14%)
Close, Oct 16, 2026 · 52-week $42–84
Last fiscal year
LyondellBasell Industries N.V. reported revenue of $30.2B for the year ended Dec 31, 2025 (FY25), down 9.7% from FY24. Net loss was $738M, operating cash flow $2.3B and free cash flow $384M. Source: 10-K filed Feb 20, 2026.
Market cap
$20.6B
EV/EBITDA
28.1x
P/B
1.9
Div yield
5.37%
ROIC
−2.5%
Revenue 1Y
−9.7%/yr
EPS 1Y
n/m
Shares 1Y
−0.6%
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Median
Daily closes, split-adjusted · ratios at each fiscal year end
Company
CEOPeter Vanacker
HQHouston, TX
AuditorPricewaterhouseCoopers LLP
Employees18,970
Year endsDecember
Revenue by segment · FY25
Olefins And Polyolefins Europe Asia International34%
Olefins And Polyolefins Americas33%
Intermediates And Derivatives30%
Advanced Polymer Solutions12%
Technology2%
Corporate Non Segment-10%
Compounded growth & averages
10Y
5Y
3Y
TTM
Share price
−2.2%
−8.4%
−11.8%
39.6%
Upgrade to see 10 years
Share price: yearly compound rate of the traded close; the last column is the past year.
Where the cash went · FY24–FY25
$7.6B deployed
Capex
$3.7B
48.9%
Dividends
$3.5B
45.9%
Buybacks
$396M
5.2%
Operating cash flow over the period: $6.1B. Total debt changed by +$1.6B. R&D of $271M is already inside operating costs.
Growth engines
How much of the profit growth came from new investment, and how much from running the business better.
Upgrade to see 10 years
Financials
Last 2 years · Upgrade to see 10 years · USD millions · each year opens its 10-K · change vs previous year
Last 4 quarters · USD millions · quarter-end month shown · change vs same quarter a year earlier
TTM = the last four quarters, to Jun '26. Balance-sheet rows show that latest quarter. “—” where the quarters do not add up to the annual figures. No TTM for cash: our quarterly rows do not hold short-term investments yet, and annual cash includes them.
Income
Revenue
33,394
30,153−9.7%
31,192
YoY
−9.7%
Gross profit
4,644
2,577−44.5%
3,980
Gross margin
13.9%
8.5%−5.4 pp
—
Operating income
1,918
(420)−121.9%
963
Operating margin
5.7%
−1.4%−7.1 pp
—
EBITDA
3,440
970−71.8%
—
EBITDA margin
10.3%
3.2%−7.1 pp
—
Interest expense
481
487+1.2%
—
Interest coverage
7.15x
1.99x−5.16x
—
Net income
1,367
(738)−154.0%
(346)
YoY
−154.0%
Net margin
4.1%
−2.4%−6.5 pp
—
EPS (diluted, $)
4.15
−2.34−156.4%
−1.11
YoY
−156.4%
Balance sheet
Total assets
35,746
34,003−4.9%
34,482
Cash & short-term investments
5,998
5,479−8.7%
—
Inventory
4,658
3,533−24.2%
—
Net PP&E
15,066
15,833+5.1%
—
Other assets
10,024
9,158−8.6%
—
Total liabilities
23,284
23,921+2.7%
23,811
Total debt
10,532
12,124+15.1%
11,215
Other liabilities
12,752
11,797−7.5%
—
Shareholders’ equity
12,462
10,082−19.1%
10,671
Total liabilities = total assets − shareholders’ equity, so it includes minority interest where a company has one.
Cash flow statement · as filed
Cash from operations
3,819
2,262−40.8%
2,973
Net income
1,367
(738)−154.0%
—
Depreciation & amortization
1,522
1,390−8.7%
—
Stock-based compensation
91
91+0.0%
—
Working capital & other
839
1,519+81.0%
—
Cash from investing
(1,853)
(1,776)n/m
—
Capex
(1,839)
(1,878)n/m
—
Other investing
(14)
102n/m
—
Cash from financing
(1,895)
(507)n/m
—
Debt raised
744
1,990+167.5%
—
Debt repaid
(776)
(492)n/m
—
Dividends
(1,720)
(1,764)n/m
—
Buybacks
(195)
(201)n/m
—
Other financing
52
(40)−176.9%
—
Net change in cash
(17)
61n/m
—
Free cash flow (OCF − capex)
1,980
384−80.6%
1,578
Where the cash went
Operating cash flow
3,819
2,262−40.8%
2,973
Reinvested in the business
1,839
1,878+2.1%
—
% of operating cash flow
48.2%
83.0%
Capex
1,839
1,878+2.1%
1,395
R&D (memo, already in costs)
135
136+0.7%
—
Free cash flow
1,980
384−80.6%
1,578
YoY
−80.6%
Returned to shareholders
1,915
1,965+2.6%
—
% of free cash flow
96.7%
511.7%
Dividends
1,720
1,764+2.6%
—
Buybacks
195
201+3.1%
—
Change in total debt
—
1,592
—
Cash left over
—
11
—
FCF conversion (FCF ÷ net income)
144.8%
—
—
Owner earnings
—
(101)
—
Owner earnings margin
—
−0.3%
—
Buyback yield
0.8%
1.4%+0.6 pp
—
Returns & ratios
ROIC (all capital)
9.6%
−2.5%−12.1 pp
—
ROIC (operating)
8.2%
−2.1%−10.4 pp
—
Net debt / EBITDA
1.32x
6.85x+5.53x
—
Debt / equity
0.85x
1.20x+0.36x
—
ROE
11.0%
−7.3%−18.3 pp
—
ROA
3.8%
−2.2%−6.0 pp
—
ROCE
6.6%
−1.5%−8.1 pp
—
NOPAT
1,626
(420)−125.8%
—
Invested capital (operating)
19,724
19,366−1.8%
—
Invested capital (all)
16,996
16,727−1.6%
—
Reinvestment rate
—
85.2%
—
Inventory days
59
47−12 d
—
Net debt is 6.9x EBITDA (FY25).
Income
Sep '25
Dec '25
Mar '26
Jun '26
Revenue
7,727
7,091
7,197
9,177
vs year-ago quarter
Gross profit
906
335
701
2,038
Gross margin
11.7%
4.7%
9.7%
22.2%
Operating income
(731)
(88)
239
1,543
Net income
(890)
(140)
125
559
vs year-ago quarter
Net margin
−11.5%
−2.0%
1.7%
6.1%
EPS (diluted, $)
−2.77
−0.43
0.38
1.71
vs year-ago quarter
Balance sheet
Sep '25
Dec '25
Mar '26
Jun '26
Total assets
33,787
34,003
33,958
34,482
Cash & equivalents
1,801
5,479
2,639
2,640
Total debt
10,640
12,124
11,228
11,215
Shareholders’ equity
10,599
10,082
10,040
10,671
Cash flow
Sep '25
Dec '25
Mar '26
Jun '26
Operating cash flow
983
1,507
(269)
752
Capex
406
450
269
270
Free cash flow
577
1,057
(538)
482
vs year-ago quarter