LyondellBasell Earnings Reports

LyondellBasell posted $177 million in net income in Q1 2025, with improved earnings driven by increased operating rates and strategic cost actions, despite ongoing macroeconomic challenges and maintenance-related headwinds.

LyondellBasell reported a net loss of $603 million for Q4 2024, impacted by $852 million in identified items, including asset write-downs and refinery exit costs. Excluding these items, net income was $249 million. Despite challenging market conditions, the company generated strong cash flow and advanced its strategic objectives, including growing its Circular & Low Carbon Solutions (CLCS) business.

LyondellBasell reported a net income of $573 million, or $1.75 per diluted share, for the third quarter of 2024. The company's EBITDA was $1.2 billion. Strong North American operations capitalized on favorable ethylene margins, while progress was made towards building a profitable Circular and Low Carbon Solutions business.

LyondellBasell reported a net income of $924 million, or $2.82 per diluted share, for the second quarter of 2024. EBITDA was $1.6 billion, or $1.4 billion excluding identified items. The company saw increased production and improving seasonal demand, particularly in North America and Europe. LyondellBasell returned $513 million to shareholders through dividends and share repurchases and completed the divestment of the Ethylene Oxide and Derivatives (EO&D) business and acquired a 35% share in NATPET.

LyondellBasell reported a net income of $473 million, or $1.44 per diluted share, for the first quarter of 2024. The company's EBITDA was $1.0 billion, or $1.1 billion excluding identified items. The use of cash by operating activities during the quarter was due to a build in working capital driven by expected seasonality as well as higher volumes and prices in several businesses.

LyondellBasell reported a net income of $185 million, or $0.56 per share, for Q4 2023. The company's EBITDA for the quarter was $639 million, or $910 million excluding identified items. They generated $1.5 billion in cash from operating activities and returned $406 million to shareholders in dividends.

LyondellBasell reported net income of $0.7 billion, or $2.29 per diluted share for Q3 2023. The company's EBITDA was $1.4 billion. Exceptional oxyfuels margins contributed to a record Intermediates & Derivatives EBITDA of $708 million during the third quarter. The company generated $1.7 billion in cash from operating activities and achieved 102% cash conversion over the past twelve months.

LyondellBasell reported net income of $715 million, or $2.18 per diluted share, for the second quarter of 2023. The company's EBITDA was $1.4 billion, or $1.5 billion excluding identified items. Global olefins and polyolefins margins improved, and the Value Enhancement Program is progressing ahead of schedule.

LyondellBasell reported a net income of $474 million, or $1.44 per diluted share, for the first quarter of 2023. Excluding identified items, net income was $822 million, or $2.50 per share. The company generated $482 million in cash from operating activities and returned $459 million to shareholders through dividends and share repurchases.

LyondellBasell reported a net income of $353 million, or $1.07 per share, for Q4 2022. The company's EBITDA was $792 million, or $865 million excluding identified items. The company reduced operating rates to match lower demand and decreased working capital by more than $700 million during the fourth quarter.

LyondellBasell reported a net income of $572 million, or $1.75 per share, for the third quarter of 2022. The company's EBITDA was $1.1 billion, or $1.2 billion excluding identified items. LyondellBasell generated $1.4 billion in cash from operating activities during the quarter and returned more than $550 million to shareholders in the form of dividends and share repurchases.

LyondellBasell reported net income of $1.6 billion, or $4.98 per share, for the second quarter of 2022. EBITDA was $2.4 billion, or $2.5 billion excluding LCM and impairment. The company's global portfolio delivered strong earnings and cash generation, driven by record results from the Intermediates & Derivatives segment and exceptional refining margins.

LyondellBasell reported a net income of $1.3 billion and EBITDA of $2.0 billion for the first quarter of 2022. The company saw robust demand across its portfolio, particularly in the Intermediates & Derivatives segment. They also returned $0.6 billion to shareholders through dividends and share repurchases.

LyondellBasell reported a net income of $0.7 billion, or $2.18 per share, for Q4 2021. Excluding LCM and impairment, net income was $1.2 billion, or $3.63 per share. The company achieved record profitability in 2021, supported by strong demand and recent growth investments. The company reduced long-term debt by $1.7 billion during the quarter and returned $0.8 billion to shareholders through dividends and share repurchases.

LyondellBasell reported strong third quarter results with net income of $1.8 billion and EBITDA of $2.7 billion, driven by robust demand and tight market conditions. The company accelerated its climate goals, reduced debt, and returned capital to shareholders.

LyondellBasell reported outstanding second-quarter results, demonstrating the company's strong position to benefit from the ongoing global economic recovery. The company achieved new benchmarks for profitability, driven by persistent consumer and industrial demand. Strong cash flow supported debt repayment and an increased quarterly dividend.

LyondellBasell reported a net income of $1.1 billion and an EBITDA of $1.6 billion for the first quarter of 2021. The company benefited from strong consumer-driven demand and industry supply constraints, which led to margin improvements. LyondellBasell repaid $500 million of debt in January and is committed to further strengthening its balance sheet through deleveraging.

LyondellBasell reported a resilient performance amidst a challenging global environment. The company demonstrated financial and operational resilience, with strong consumer-driven demand and improved margins in several business segments. New joint ventures contributed to profitability, and the company advanced its sustainability goals.

LyondellBasell's third quarter results reflect improved demand for products due to increasing global economic activity. The company recognized a non-cash impairment charge of $582 million for the Houston refinery and a $160 million non-cash lower of cost or market inventory valuation benefit. The company's cash and available liquidity ended at $5.5 billion.

LyondellBasell reported a net income of $0.3 billion for Q2 2020, or $0.94 per share. The company generated $1.3 billion in cash from operating activities and bolstered liquidity to $5.8 billion. Demand declines were observed in transportation fuels and automotive manufacturing, but improvements were seen in polyethylene exports and refining margins towards the end of the quarter.

LyondellBasell's Q1 2020 net income was $0.1 billion, or $0.42 per share. The results were impacted by a $351 million non-cash, inventory valuation charge (LCM) and $13 million of integration costs. EBITDA was $0.6 billion, or $1.1 billion excluding LCM.

LyondellBasell reported a net income of $0.6 billion, or $1.83 per share for the fourth quarter of 2019. The EBITDA for the quarter was $1.2 billion. The Technology business achieved record licensing revenues, contributing to the most profitable year in company history for the segment.