LyondellBasell Industries N.V.
Business
LyondellBasell Industries N.V. is a global independent chemical company that produces olefins, polyolefins (polyethylene and polypropylene), and intermediate chemicals through large-scale processing plants converting hydrocarbon feedstocks. The company operates five reportable segments: Olefins and Polyolefins-Americas, Olefins and Polyolefins-Europe/Asia/International, Intermediates and Derivatives, Advanced Polymer Solutions, and Technology. Products serve consumer packaging, automotive, construction, and industrial markets globally; the company also develops and licenses polyolefin process technologies and manufactures catalysts.
Summary from 10-K filed 2026-02-20
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Sales and other operating revenues: | 30,153 | 33,394 | 33,336 | 50,451 | 46,173 | |
| Cost of sales | 27,576 | 28,750 | 28,435 | 43,847 | 37,397 | |
| Goodwill impairments | 972 | 0 | 252 | — | — | |
| Other impairments | 279 | 949 | 255 | — | — | |
| Selling, general and administrative expenses | 1,610 | 1,642 | 1,539 | 1,310 | 1,255 | |
| Research and development expenses | 136 | 135 | 130 | 124 | 124 | |
| Operating costs and expenses | 30,573 | 31,476 | 30,611 | 45,350 | 39,400 | |
| Operating income (loss) | −420 | 1,918 | 2,725 | 5,101 | 6,773 | |
| Interest expense | −487 | −481 | −477 | −287 | — | |
| Interest income | 97 | 150 | 129 | 29 | 9 | |
| Gain (loss) on sale of business | −6 | 284 | 0 | 0 | — | |
| Other income (expense), net | 113 | 47 | −58 | −72 | 62 | |
| Income (loss) from continuing operations before equity investments and income taxes | −703 | 1,918 | 2,319 | 4,771 | 6,325 | |
| Loss from equity investments | −12 | −217 | −20 | 5 | — | |
| Income (loss) from continuing operations before income taxes | −715 | 1,701 | 2,299 | 4,776 | 6,786 | |
| Provision for income taxes | 70 | 259 | 433 | 882 | 1,163 | |
| Income (loss) from continuing operations | −785 | 1,442 | 1,866 | 3,894 | 5,623 | |
| Income (loss) from discontinued operations, net of tax | 47 | −75 | 255 | −5 | −6 | |
| Net (loss) income | −738 | 1,367 | 2,121 | 3,889 | 5,617 | |
| Dividends on redeemable non-controlling interests | −7 | −7 | −7 | −7 | −7 | |
| Net income (loss) attributable to the Company shareholders | −745 | 1,360 | 2,114 | 3,882 | 5,610 | |
| Continuing operations (in dollars per share) | −2.48 | 4.4 | 5.7 | 11.86 | 16.79 | |
| Discontinued operations (in dollars per share) | 0.14 | −0.24 | 0.78 | −0.02 | −0.02 | |
| Basic (in dollars in per share) | −2.34 | 4.16 | 6.48 | 11.84 | 16.77 | |
| Continuing operations (in dollars per share) | −2.48 | 4.39 | 5.68 | 11.83 | 16.77 | |
| Discontinued operations (in dollars per share) | 0.14 | −0.24 | 0.78 | −0.02 | −0.02 | |
| Diluted (in dollars per share) | −2.34 | 4.15 | 6.46 | 11.81 | 16.75 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 3,443 | 3,375 | 3,390 | 2,151 | 1,472 | |
| Restricted cash | 6 | 13 | 15 | 5 | 5 | |
| Inventories | 3,533 | 4,658 | 4,765 | 4,804 | 4,901 | |
| Prepaid expenses and other current assets | 612 | 928 | 1,475 | 1,292 | 1,022 | |
| Assets held for sale | 757 | 0 | — | — | — | |
| Total current assets | 10,868 | 12,266 | 13,152 | 11,845 | 12,217 | |
| Operating lease assets | 1,514 | 1,467 | 1,529 | 1,725 | 1,946 | |
| Property, plant and equipment, net | 15,833 | 15,066 | 15,547 | 15,387 | 14,556 | |
| Equity investments | 3,963 | 4,121 | 3,907 | 4,295 | 4,786 | |
| Goodwill | 708 | 1,561 | 1,647 | 1,827 | 1,875 | |
| Intangible assets, net | 450 | 577 | 641 | 662 | 695 | |
| Other assets | 667 | 688 | 577 | 624 | 667 | |
| Total assets | 34,003 | 35,746 | 37,000 | 36,365 | 36,742 | |
| Current maturities of long-term debt | 588 | 498 | 782 | 432 | 6 | |
| Short-term debt | 226 | 119 | 117 | 349 | 362 | |
| Accrued and other current liabilities | 1,956 | 2,356 | 2,436 | 2,396 | 2,571 | |
| Liabilities held for sale | 665 | 0 | — | — | — | |
| Total current liabilities | 6,129 | 6,705 | 7,150 | 6,760 | 7,230 | |
| Long-term debt | 12,124 | 10,532 | 10,333 | 10,540 | 11,246 | |
| Operating lease liabilities | 1,327 | 1,419 | 1,409 | 1,510 | 1,649 | |
| Other liabilities | 1,900 | 1,967 | 2,164 | 1,954 | 2,295 | |
| Deferred income taxes | 2,316 | 2,535 | 2,886 | 2,858 | 2,334 | |
| Commitments and contingencies | — | — | — | — | — | |
| Redeemable non-controlling interests | 114 | 114 | 114 | 114 | 116 | |
| Ordinary shares, 0.04 par value, 1,275 million shares authorized, 322,084,769 and 323,889,832 shares outstanding, respectively | 19 | 19 | — | 19 | 19 | |
| Additional paid-in capital | 6,148 | 6,150 | 6,145 | 6,119 | 6,044 | |
| Retained earnings | 6,812 | 9,325 | 9,692 | 9,195 | 8,563 | |
| Accumulated other comprehensive loss | −1,310 | −1,532 | −1,476 | −1,372 | −1,803 | |
| Treasury stock, at cost, 18,337,729 and 16,532,666 ordinary shares, respectively | −1,587 | −1,500 | −1,450 | −1,346 | — | |
| Total Company share of shareholders equity | 10,082 | 12,462 | 12,930 | 12,615 | 11,858 | |
| Non-controlling interests | 11 | 12 | 14 | 14 | 14 | |
| Total equity | 10,093 | 12,474 | 12,944 | 12,629 | 11,872 | |
| Total liabilities, redeemable non-controlling interests and equity | 34,003 | 35,746 | 37,000 | 36,365 | 36,742 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Depreciation and amortization | 1,390 | 1,522 | 1,534 | 1,267 | 1,393 | |
| Impairments | 1,251 | 949 | 518 | — | — | |
| Amortization of debt-related costs | 11 | 11 | 9 | 14 | 35 | |
| Share-based compensation | 91 | 91 | 91 | 70 | 66 | |
| Distributions of earnings, net of tax | 92 | 122 | 169 | 349 | 315 | |
| Deferred income tax provision (benefit) | −156 | −437 | 43 | 369 | −198 | |
| Gain on sale of assets | −112 | −36 | 0 | — | — | |
| Accounts receivable | 687 | 127 | 110 | 1,005 | −1,519 | |
| Inventories | 945 | 25 | 18 | −91 | −742 | |
| Accounts payable | −768 | −122 | 141 | −464 | 1,301 | |
| Other, net | −449 | 267 | 168 | −353 | 1,264 | |
| Net cash provided by operating activities | 2,262 | 3,819 | 4,942 | 6,119 | 7,695 | |
| Expenditures for property, plant and equipment | −1,878 | −1,839 | −1,531 | −1,890 | −1,959 | |
| Proceeds from sale of business | 4 | 689 | 0 | 15 | — | |
| Proceeds from sale of assets | 131 | 68 | 0 | — | — | |
| Payment for acquisition of equity method investments | −14 | −551 | −102 | −4 | — | |
| Proceeds from settlement of net investment hedges | 902 | 967 | 903 | 614 | 358 | |
| Payments for settlement of net investment hedges | −877 | −921 | −820 | −501 | −355 | |
| Other, net | −44 | −266 | −227 | −211 | −227 | |
| Net cash used in investing activities | −1,776 | −1,853 | −1,777 | −1,977 | −1,502 | |
| Repurchases of Company ordinary shares | −201 | −195 | −211 | −420 | −463 | |
| Dividends paid - common stock | −1,764 | −1,720 | −1,610 | −3,246 | −1,486 | |
| Issuance of long-term debt | 1,990 | 744 | 500 | 0 | 0 | |
| Payments of debt issuance costs | −18 | −10 | −5 | 0 | −3 | |
| Repayments of long-term debt | −492 | −776 | −425 | 0 | −3,925 | |
| Net repayments of commercial paper | 0 | 0 | −200 | −4 | −296 | |
| Proceeds from settlement of cash flow hedges | 0 | 882 | 20 | 0 | 855 | |
| Payments for settlement of cash flow hedges | 0 | −835 | 0 | 0 | −904 | |
| Other, net | −22 | 15 | −19 | 25 | −13 | |
| Net cash used in financing activities | −507 | −1,895 | −1,950 | −3,407 | −6,385 | |
| Effect of exchange rate changes on cash | 82 | −88 | 34 | −56 | −96 | |
| Increase (decrease) in cash and cash equivalents and restricted cash | 61 | −17 | 1,249 | 679 | −288 | |
| Interest paid, net of capitalized interest | 483 | 503 | 487 | 297 | 414 | |
| Net income taxes paid | 393 | 343 | 465 | 746 | 310 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is LyondellBasell Industries N.V.'s CIK number?
LyondellBasell Industries N.V.'s SEC CIK number is 0001489393 (1489393). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find LyondellBasell Industries N.V.'s SEC filings?
All of LyondellBasell Industries N.V.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did LyondellBasell Industries N.V. last report earnings?
LyondellBasell Industries N.V. (LYB) most recently filed an earnings 8-K with the SEC on May 1, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001489393-26-000025). This is LyondellBasell Industries N.V.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is LyondellBasell Industries N.V.'s most recent earnings 8-K?
LyondellBasell Industries N.V.'s latest earnings 8-K (Item 2.02) was filed May 1, 2026 under accession 0001489393-26-000025. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View LyondellBasell Industries N.V.'s latest earnings 8-K →
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