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Mar 31

LyondellBasell Q1 2025 Earnings Report

LyondellBasell reported a return to profitability in Q1 2025 after a prior quarter loss.

Key Takeaways

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.

Returned to profitability with $177 million in net income after a Q4 loss.

Adjusted EPS came in at $0.33, reflecting one-time items including asset closures and discontinued operations.

Launched a $500 million Cash Improvement Plan to boost financial performance.

Returned $543 million to shareholders through dividends and buybacks.

Total Revenue
$7.68B
Previous year: $9.93B
-22.6%
EPS
$0.33
Previous year: $1.53
-78.4%
Capital Expenditures
$483M
Shares Outstanding
324M
Cash and Equivalents
$1.87B
Previous year: $2.33B
-19.8%

LyondellBasell

LyondellBasell

Forward Guidance

LyondellBasell expects seasonal demand improvements, easing U.S. feedstock costs, and strengthening European operations to support Q2 performance.

Positive Outlook

  • Seasonal demand improvements expected across most businesses.
  • U.S. natural gas and ethane costs are moderating.
  • European and Asian operations benefiting from lower crude oil prices.
  • Oxyfuels margins should improve with stronger gasoline demand.
  • Strategic capacity reductions in Europe to balance supply and demand.

Challenges Ahead

  • Economic uncertainty continues to weigh on the industry.
  • Persistent margin pressure in acetyls and oxyfuels due to cost inflation.
  • Volatile oil-to-gas price ratios remain a headwind.
  • Recovery dependent on global trade and regulatory environment.
  • Still operating in a prolonged industry downturn with cautious outlook.